The black market rate for 50700 Dollars to Naira is 80,336,685 NGN as of today, 05:04 PM WAT.
When you convert 50700 US Dollars to Nigerian Naira, you get 80,336,685 NGN, using the rate of 0.000631 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 |
|---|---|
| 50700 Dollars to Naira | 80,336,685 |
| 50700 Tether USD to Naira | 80,497,911 |
| 50700 British Pounds to Naira | 106,259,088 |
| 50700 Euros to Naira | 91,558,623 |
Last 7 days, 50700 USD was traded for 80,336,676 NGN, yesterday it went for 80,336,683.5 NGN, and today it averages 80,336,685 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 50700 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Thursday, 17th April 2025 | $50700 = 80,336,685 Naira |
| Wednesday, 16th April 2025 | $50700 = 80,336,683.5 Naira |
| Tuesday, 15th April 2025 | $50700 = 80,336,682 Naira |
| Monday, 14th April 2025 | $50700 = 80,336,680.5 Naira |
| Sunday, 13th April 2025 | $50700 = 80,336,679 Naira |
| Saturday, 12th April 2025 | $50700 = 80,336,677.5 Naira |
| Friday, 11th April 2025 | $50700 = 80,336,676 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,584.55 |
| 10 Dollars (USD) to Naira | 15,845.5 |
| 20 Dollars (USD) to Naira | 31,691 |
| 30 Dollars (USD) to Naira | 47,536.5 |
| 40 Dollars (USD) to Naira | 63,382 |
| 50 Dollars (USD) to Naira | 79,227.5 |
| 60 Dollars (USD) to Naira | 95,073 |
| 70 Dollars (USD) to Naira | 110,918.5 |
| 80 Dollars (USD) to Naira | 126,764 |
| 90 Dollars (USD) to Naira | 142,609.5 |
| 100 Dollars (USD) to Naira | 158,455 |
| 200 Dollars (USD) to Naira | 316,910 |
| 300 Dollars (USD) to Naira | 475,365 |
| 500 Dollars (USD) to Naira | 792,275 |
| 700 Dollars (USD) to Naira | 1,109,185 |
| 1,000 Dollars (USD) to Naira | 1,584,550 |
| 1,500 Dollars (USD) to Naira | 2,376,825 |
| 2,000 Dollars (USD) to Naira | 3,169,100 |
| 3,000 Dollars (USD) to Naira | 4,753,650 |
| 5,000 Dollars (USD) to Naira | 7,922,750 |
| 10,000 Dollars (USD) to Naira | 15,845,500 |
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.