The black market rate for 55530 Dollars to Naira is 93,032,185.5 NGN as of today, 10:24 AM WAT.
When you convert 55530 US Dollars to Nigerian Naira, you get 93,032,185.5 NGN, using the rate of 0.000597 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 |
|---|---|
| 55530 Dollars to Naira | 93,032,185.5 |
| 55530 Tether USD to Naira | 92,568,510 |
| 55530 British Pounds to Naira | 121,843,426.23 |
| 55530 Euros to Naira | 101,647,109.7 |
Last 7 days, 55530 USD was traded for 93,032,176.5 NGN, yesterday it went for 93,032,184 NGN, and today it averages 93,032,185.5 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 55530 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Sunday, 6th October 2024 | $55530 = 93,032,185.5 Naira |
| Saturday, 5th October 2024 | $55530 = 93,032,184 Naira |
| Friday, 4th October 2024 | $55530 = 93,032,182.5 Naira |
| Thursday, 3rd October 2024 | $55530 = 93,032,181 Naira |
| Wednesday, 2nd October 2024 | $55530 = 93,032,179.5 Naira |
| Tuesday, 1st October 2024 | $55530 = 93,032,178 Naira |
| Monday, 30th September 2024 | $55530 = 93,032,176.5 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,675.35 |
| 10 Dollars (USD) to Naira | 16,753.5 |
| 20 Dollars (USD) to Naira | 33,507 |
| 30 Dollars (USD) to Naira | 50,260.5 |
| 40 Dollars (USD) to Naira | 67,014 |
| 50 Dollars (USD) to Naira | 83,767.5 |
| 60 Dollars (USD) to Naira | 100,521 |
| 70 Dollars (USD) to Naira | 117,274.5 |
| 80 Dollars (USD) to Naira | 134,028 |
| 90 Dollars (USD) to Naira | 150,781.5 |
| 100 Dollars (USD) to Naira | 167,535 |
| 200 Dollars (USD) to Naira | 335,070 |
| 300 Dollars (USD) to Naira | 502,605 |
| 500 Dollars (USD) to Naira | 837,675 |
| 700 Dollars (USD) to Naira | 1,172,745 |
| 1,000 Dollars (USD) to Naira | 1,675,350 |
| 1,500 Dollars (USD) to Naira | 2,513,025 |
| 2,000 Dollars (USD) to Naira | 3,350,700 |
| 3,000 Dollars (USD) to Naira | 5,026,050 |
| 5,000 Dollars (USD) to Naira | 8,376,750 |
| 10,000 Dollars (USD) to Naira | 16,753,500 |
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.