The black market rate for 58580 Dollars to Naira is 86,065,736 NGN as of today, 06:59 PM WAT.
When you convert 58580 US Dollars to Nigerian Naira, you get 86,065,736 NGN, using the rate of 0.000681 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 |
|---|---|
| 58580 Dollars to Naira | 86,065,736 |
| 58580 Tether USD to Naira | 86,066,907.6 |
| 58580 British Pounds to Naira | 111,719,675.4 |
| 58580 Euros to Naira | 97,956,304.4 |
Last 7 days, 58580 USD was traded for 86,065,727 NGN, yesterday it went for 86,065,734.5 NGN, and today it averages 86,065,736 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 58580 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Friday, 21st November 2025 | $58580 = 86,065,736 Naira |
| Thursday, 20th November 2025 | $58580 = 86,065,734.5 Naira |
| Wednesday, 19th November 2025 | $58580 = 86,065,733 Naira |
| Tuesday, 18th November 2025 | $58580 = 86,065,731.5 Naira |
| Monday, 17th November 2025 | $58580 = 86,065,730 Naira |
| Sunday, 16th November 2025 | $58580 = 86,065,728.5 Naira |
| Saturday, 15th November 2025 | $58580 = 86,065,727 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,469.2 |
| 10 Dollars (USD) to Naira | 14,692 |
| 20 Dollars (USD) to Naira | 29,384 |
| 30 Dollars (USD) to Naira | 44,076 |
| 40 Dollars (USD) to Naira | 58,768 |
| 50 Dollars (USD) to Naira | 73,460 |
| 60 Dollars (USD) to Naira | 88,152 |
| 70 Dollars (USD) to Naira | 102,844 |
| 80 Dollars (USD) to Naira | 117,536 |
| 90 Dollars (USD) to Naira | 132,228 |
| 100 Dollars (USD) to Naira | 146,920 |
| 200 Dollars (USD) to Naira | 293,840 |
| 300 Dollars (USD) to Naira | 440,760 |
| 500 Dollars (USD) to Naira | 734,600 |
| 700 Dollars (USD) to Naira | 1,028,440 |
| 1,000 Dollars (USD) to Naira | 1,469,200 |
| 1,500 Dollars (USD) to Naira | 2,203,800 |
| 2,000 Dollars (USD) to Naira | 2,938,400 |
| 3,000 Dollars (USD) to Naira | 4,407,600 |
| 5,000 Dollars (USD) to Naira | 7,346,000 |
| 10,000 Dollars (USD) to Naira | 14,692,000 |
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.