The black market rate for 48980 Dollars to Naira is 74,958,992 NGN as of today, 08:29 AM WAT.
When you convert 48980 US Dollars to Nigerian Naira, you get 74,958,992 NGN, using the rate of 0.000653 USD for 1 NGN. *This rate is obtained using the black market average across various unofficial channels outside the CBN.
You can use the currency converter above to check USD rates and it’s NGN equivalent. See also our USDT to Naira converter.
| Currency Conversion | Black Market Rate in Naira |
|---|---|
| 48980 Dollars to Naira | 74,958,992 |
| 48980 Tether USD to Naira | 75,037,849.8 |
| 48980 British Pounds to Naira | 97,268,892.2 |
| 48980 Euros to Naira | 81,200,513.4 |
Last 7 days, 48980 USD was traded for 74,958,983 NGN, yesterday it went for 74,958,990.5 NGN, and today it averages 74,958,992 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 48980 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Thursday, 27th March 2025 | $48980 = 74,958,992 Naira |
| Wednesday, 26th March 2025 | $48980 = 74,958,990.5 Naira |
| Tuesday, 25th March 2025 | $48980 = 74,958,989 Naira |
| Monday, 24th March 2025 | $48980 = 74,958,987.5 Naira |
| Sunday, 23rd March 2025 | $48980 = 74,958,986 Naira |
| Saturday, 22nd March 2025 | $48980 = 74,958,984.5 Naira |
| Friday, 21st March 2025 | $48980 = 74,958,983 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,530.4 |
| 10 Dollars (USD) to Naira | 15,304 |
| 20 Dollars (USD) to Naira | 30,608 |
| 30 Dollars (USD) to Naira | 45,912 |
| 40 Dollars (USD) to Naira | 61,216 |
| 50 Dollars (USD) to Naira | 76,520 |
| 60 Dollars (USD) to Naira | 91,824 |
| 70 Dollars (USD) to Naira | 107,128 |
| 80 Dollars (USD) to Naira | 122,432 |
| 90 Dollars (USD) to Naira | 137,736 |
| 100 Dollars (USD) to Naira | 153,040 |
| 200 Dollars (USD) to Naira | 306,080 |
| 300 Dollars (USD) to Naira | 459,120 |
| 500 Dollars (USD) to Naira | 765,200 |
| 700 Dollars (USD) to Naira | 1,071,280 |
| 1,000 Dollars (USD) to Naira | 1,530,400 |
| 1,500 Dollars (USD) to Naira | 2,295,600 |
| 2,000 Dollars (USD) to Naira | 3,060,800 |
| 3,000 Dollars (USD) to Naira | 4,591,200 |
| 5,000 Dollars (USD) to Naira | 7,652,000 |
| 10,000 Dollars (USD) to Naira | 15,304,000 |
In Nigeria, the black market for USD (Black Market Dollars) refers to the unofficial exchange of U.S. dollars at rates significantly higher than the official rate set by the Central Bank of Nigeria. This unregulated parallel market reflects economic pressures such as inflation, foreign exchange shortages, and regulatory constraints.
The Nigerian Naira (NGN), represented by the symbol ₦, is Nigeria's official currency. It is issued by the Central Bank of Nigeria and is used for all domestic transactions, available in both coin and banknote forms.