The black market rate for 59000 Dollars to Naira is 92,246,500 NGN as of today, 11:19 PM WAT.
When you convert 59000 US Dollars to Nigerian Naira, you get 92,246,500 NGN, using the rate of 0.000640 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 |
|---|---|
| 59000 Dollars to Naira | 92,246,500 |
| 59000 Tether USD to Naira | 92,392,230 |
| 59000 British Pounds to Naira | 117,304,980 |
| 59000 Euros to Naira | 98,547,110 |
Last 7 days, 59000 USD was traded for 92,246,491 NGN, yesterday it went for 92,246,498.5 NGN, and today it averages 92,246,500 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 59000 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Saturday, 22nd March 2025 | $59000 = 92,246,500 Naira |
| Friday, 21st March 2025 | $59000 = 92,246,498.5 Naira |
| Thursday, 20th March 2025 | $59000 = 92,246,497 Naira |
| Wednesday, 19th March 2025 | $59000 = 92,246,495.5 Naira |
| Tuesday, 18th March 2025 | $59000 = 92,246,494 Naira |
| Monday, 17th March 2025 | $59000 = 92,246,492.5 Naira |
| Sunday, 16th March 2025 | $59000 = 92,246,491 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,563.5 |
| 10 Dollars (USD) to Naira | 15,635 |
| 20 Dollars (USD) to Naira | 31,270 |
| 30 Dollars (USD) to Naira | 46,905 |
| 40 Dollars (USD) to Naira | 62,540 |
| 50 Dollars (USD) to Naira | 78,175 |
| 60 Dollars (USD) to Naira | 93,810 |
| 70 Dollars (USD) to Naira | 109,445 |
| 80 Dollars (USD) to Naira | 125,080 |
| 90 Dollars (USD) to Naira | 140,715 |
| 100 Dollars (USD) to Naira | 156,350 |
| 200 Dollars (USD) to Naira | 312,700 |
| 300 Dollars (USD) to Naira | 469,050 |
| 500 Dollars (USD) to Naira | 781,750 |
| 700 Dollars (USD) to Naira | 1,094,450 |
| 1,000 Dollars (USD) to Naira | 1,563,500 |
| 1,500 Dollars (USD) to Naira | 2,345,250 |
| 2,000 Dollars (USD) to Naira | 3,127,000 |
| 3,000 Dollars (USD) to Naira | 4,690,500 |
| 5,000 Dollars (USD) to Naira | 7,817,500 |
| 10,000 Dollars (USD) to Naira | 15,635,000 |
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.