501 Dollars to Naira Black Market Today

The black market rate for 501 Dollars to Naira is 814,260.27 NGN as of today, 06:04 PM WAT.

501 USD = 814,260.27 NGN
* 1 USD = 1,625.27 NGN* 1 NGN = 0.00062 USD
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How much is 501 US Dollars in Naira?

When you convert 501 US Dollars to Nigerian Naira, you get 814,260.27 NGN, using the rate of 0.000615 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.

501 Dollars to Naira when compared to other Currencies

Currency ConversionBlack Market Rate in Naira
501 Dollars to Naira814,260.27
501 Tether USD to Naira814,866.48
501 British Pounds to Naira996,228.48
501 Euros to Naira825,632.97

Other Amounts

501 USD to NGN Price History (Last 7 Days)

Last 7 days, 501 USD was traded for 814,251.27 NGN, yesterday it went for 814,258.77 NGN, and today it averages 814,260.27 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for  501 US Dollars against the Nigerian Naira, and the price movements for the week.

DateConversion Rate
Tuesday, 24th December 2024$501 = 814,260.27 Naira
Monday, 23rd December 2024$501 = 814,258.77 Naira
Sunday, 22nd December 2024$501 = 814,257.27 Naira
Saturday, 21st December 2024$501 = 814,255.77 Naira
Friday, 20th December 2024$501 = 814,254.27 Naira
Thursday, 19th December 2024$501 = 814,252.77 Naira
Wednesday, 18th December 2024$501 = 814,251.27 Naira

USD to Naira Conversion Rate Table

Currency Information

USD (Black Market Dollars)

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.

Naira (NGN)

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.

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