The black market rate for 59500 Dollars to Naira is 93,021,705 NGN as of today, 02:26 AM WAT.
When you convert 59500 US Dollars to Nigerian Naira, you get 93,021,705 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 |
|---|---|
| 59500 Dollars to Naira | 93,021,705 |
| 59500 Tether USD to Naira | 93,131,780 |
| 59500 British Pounds to Naira | 118,886,355 |
| 59500 Euros to Naira | 99,233,505 |
Last 7 days, 59500 USD was traded for 93,021,696 NGN, yesterday it went for 93,021,703.5 NGN, and today it averages 93,021,705 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 59500 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Wednesday, 26th March 2025 | $59500 = 93,021,705 Naira |
| Tuesday, 25th March 2025 | $59500 = 93,021,703.5 Naira |
| Monday, 24th March 2025 | $59500 = 93,021,702 Naira |
| Sunday, 23rd March 2025 | $59500 = 93,021,700.5 Naira |
| Saturday, 22nd March 2025 | $59500 = 93,021,699 Naira |
| Friday, 21st March 2025 | $59500 = 93,021,697.5 Naira |
| Thursday, 20th March 2025 | $59500 = 93,021,696 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,563.39 |
| 10 Dollars (USD) to Naira | 15,633.9 |
| 20 Dollars (USD) to Naira | 31,267.8 |
| 30 Dollars (USD) to Naira | 46,901.7 |
| 40 Dollars (USD) to Naira | 62,535.6 |
| 50 Dollars (USD) to Naira | 78,169.5 |
| 60 Dollars (USD) to Naira | 93,803.4 |
| 70 Dollars (USD) to Naira | 109,437.3 |
| 80 Dollars (USD) to Naira | 125,071.2 |
| 90 Dollars (USD) to Naira | 140,705.1 |
| 100 Dollars (USD) to Naira | 156,339 |
| 200 Dollars (USD) to Naira | 312,678 |
| 300 Dollars (USD) to Naira | 469,017 |
| 500 Dollars (USD) to Naira | 781,695 |
| 700 Dollars (USD) to Naira | 1,094,373 |
| 1,000 Dollars (USD) to Naira | 1,563,390 |
| 1,500 Dollars (USD) to Naira | 2,345,085 |
| 2,000 Dollars (USD) to Naira | 3,126,780 |
| 3,000 Dollars (USD) to Naira | 4,690,170 |
| 5,000 Dollars (USD) to Naira | 7,816,950 |
| 10,000 Dollars (USD) to Naira | 15,633,900 |
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.