The black market rate for 50120 Dollars to Naira is 80,382,456 NGN as of today, 01:02 AM WAT.
When you convert 50120 US Dollars to Nigerian Naira, you get 80,382,456 NGN, using the rate of 0.000624 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 |
|---|---|
| 50120 Dollars to Naira | 80,382,456 |
| 50120 Tether USD to Naira | 80,417,540 |
| 50120 British Pounds to Naira | 104,807,435.6 |
| 50120 Euros to Naira | 91,118,160 |
Last 7 days, 50120 USD was traded for 80,382,447 NGN, yesterday it went for 80,382,454.5 NGN, and today it averages 80,382,456 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 50120 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Sunday, 13th April 2025 | $50120 = 80,382,456 Naira |
| Saturday, 12th April 2025 | $50120 = 80,382,454.5 Naira |
| Friday, 11th April 2025 | $50120 = 80,382,453 Naira |
| Thursday, 10th April 2025 | $50120 = 80,382,451.5 Naira |
| Wednesday, 9th April 2025 | $50120 = 80,382,450 Naira |
| Tuesday, 8th April 2025 | $50120 = 80,382,448.5 Naira |
| Monday, 7th April 2025 | $50120 = 80,382,447 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,603.8 |
| 10 Dollars (USD) to Naira | 16,038 |
| 20 Dollars (USD) to Naira | 32,076 |
| 30 Dollars (USD) to Naira | 48,114 |
| 40 Dollars (USD) to Naira | 64,152 |
| 50 Dollars (USD) to Naira | 80,190 |
| 60 Dollars (USD) to Naira | 96,228 |
| 70 Dollars (USD) to Naira | 112,266 |
| 80 Dollars (USD) to Naira | 128,304 |
| 90 Dollars (USD) to Naira | 144,342 |
| 100 Dollars (USD) to Naira | 160,380 |
| 200 Dollars (USD) to Naira | 320,760 |
| 300 Dollars (USD) to Naira | 481,140 |
| 500 Dollars (USD) to Naira | 801,900 |
| 700 Dollars (USD) to Naira | 1,122,660 |
| 1,000 Dollars (USD) to Naira | 1,603,800 |
| 1,500 Dollars (USD) to Naira | 2,405,700 |
| 2,000 Dollars (USD) to Naira | 3,207,600 |
| 3,000 Dollars (USD) to Naira | 4,811,400 |
| 5,000 Dollars (USD) to Naira | 8,019,000 |
| 10,000 Dollars (USD) to Naira | 16,038,000 |
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.