The black market rate for 16124 Dollars to Naira is 23,738,559 NGN as of today, 04:57 AM WAT.
When you convert 16124 US Dollars to Nigerian Naira, you get 23,738,559 NGN, using the rate of 0.000679 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 |
|---|---|
| 16124 Dollars to Naira | 23,738,559 |
| 16124 Tether USD to Naira | 23,735,334.2 |
| 16124 British Pounds to Naira | 31,178,011.36 |
| 16124 Euros to Naira | 27,234,725.92 |
Last 7 days, 16124 USD was traded for 23,738,550 NGN, yesterday it went for 23,738,557.5 NGN, and today it averages 23,738,559 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 16124 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Saturday, 6th December 2025 | $16124 = 23,738,559 Naira |
| Friday, 5th December 2025 | $16124 = 23,738,557.5 Naira |
| Thursday, 4th December 2025 | $16124 = 23,738,556 Naira |
| Wednesday, 3rd December 2025 | $16124 = 23,738,554.5 Naira |
| Tuesday, 2nd December 2025 | $16124 = 23,738,553 Naira |
| Monday, 1st December 2025 | $16124 = 23,738,551.5 Naira |
| Sunday, 30th November 2025 | $16124 = 23,738,550 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,472.25 |
| 10 Dollars (USD) to Naira | 14,722.5 |
| 20 Dollars (USD) to Naira | 29,445 |
| 30 Dollars (USD) to Naira | 44,167.5 |
| 40 Dollars (USD) to Naira | 58,890 |
| 50 Dollars (USD) to Naira | 73,612.5 |
| 60 Dollars (USD) to Naira | 88,335 |
| 70 Dollars (USD) to Naira | 103,057.5 |
| 80 Dollars (USD) to Naira | 117,780 |
| 90 Dollars (USD) to Naira | 132,502.5 |
| 100 Dollars (USD) to Naira | 147,225 |
| 200 Dollars (USD) to Naira | 294,450 |
| 300 Dollars (USD) to Naira | 441,675 |
| 500 Dollars (USD) to Naira | 736,125 |
| 700 Dollars (USD) to Naira | 1,030,575 |
| 1,000 Dollars (USD) to Naira | 1,472,250 |
| 1,500 Dollars (USD) to Naira | 2,208,375 |
| 2,000 Dollars (USD) to Naira | 2,944,500 |
| 3,000 Dollars (USD) to Naira | 4,416,750 |
| 5,000 Dollars (USD) to Naira | 7,361,250 |
| 10,000 Dollars (USD) to Naira | 14,722,500 |
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.