Gift Cards

Convert $50 PlayStation Gift Card to Nigerian Naira (Updated)

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Understanding PlayStationGift Cards

The PlayStation Gift Card is a pre-paid card used for purchasing games, content, and services on the PlayStation platform. Available in various denominations, it can be used on PlayStation consoles, the PlayStation Store, and PlayStation Plus subscriptions. Users simply load the desired amount onto the card, then enter the code during checkout. It’s a convenient way to gift or manage PlayStation purchases without needing a credit card.

Naira Value of $50 PlayStation Gift Card Today

How much Naira is $50 PlayStation Gift Card today in the black market?

The value of a 50USD PlayStation gift card depends on the ongoing exchange rate betweenUSD and Nigerian Naira (NGN). You can sell your 50USD PlayStation gift card in Nigeria for a price ranging from 40,000 to 50,000 Naira. This varies based on the actual exchange rate, the supply and demand for the gift card, and the broader gift card market.

Card Type USD Naira
PlayStation 5 4,000 ~ 5,000
PlayStation 20 16,000 ~ 20,000
PlayStation 30 24,000 ~ 30,000
PlayStation 50 40,000 ~ 50,000
PlayStation 100 80,000 ~ 100,000
PlayStation 200 160,000 ~ 200,000

In which countries can PlayStation gift cards be used?

PlayStation gift cards can be used in most countries where Sony Interactive Entertainment operates. This includes the United States, Canada, Mexico, Japan, Europe, Asia-Pacific, Latin America, and some African countries. However, availability may vary by region. Check the official PlayStation website for specific details.

What are the ways to use PlayStation gift cards?

Redeem Online: Go to the PlayStation Store on your console or at https://store.playstation.com.

Sign In: Log in with your PlayStation account.

Redeem Code: Select “Redeem a Code” and enter the 16-digit code from the gift card.

Verify: Click “Redeem” to confirm. The balance will be added to your account.

Purchase: Choose your desired games, movies, or services, and proceed with the purchase using your available balance.

Remember, gift cards are non-refundable and can’t be used to purchase gift cards or subscriptions.

How Is PlayStation Gift Card Rate Determined?

1.

Brand Reputation– Higher brand recognition often leads to higher priced cards.

2.

Issuer Fees– Service charges and fees can vary, impacting the final cost.

3.

Supply and Demand– Popular retailers or seasonal demand can drive up prices.

4.

Market Conditions– Economic factors, such as inflation, can influence pricing.

5.

Loading Options– Additional features like reloadability may increase costs.

6.

Security Measures– Advanced security features can add to the price.

7.

Marketplace Competition– Competition among gift card providers can affect pricing strategies.

References for How much is $50 PlayStation Gift Card Converted To Naira?

  • ^ “2012 Holiday Gift Card Spending Report”. giftcardlab.com. 26 November 2012. Archived from the original on 3 December 2013. Retrieved 12 January 2013.
  • ^ “Gift Cards and Financial Reporting”. archives.cpajournal.com. Archived from the original on 15 April 2021. Retrieved 15 April 2021.
  • ^ “GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. Retrieved 21 November 2018.
  • ^ HORNE, DANIEL R. (2007). “Gift Cards: Disclosure One Step Removed”. The Journal of Consumer Affairs. 41 (2): 341–350. doi:10.1111/j.1745-6606.2007.00084.x. ISSN 0022-0078. JSTOR 23860062. Archived from the original on 8 October 2020. Retrieved 15 April 2021.
  • ^ “Gift Card Market in the US 2021-2025”. PR Newswire. 28 December 2020. Retrieved 18 January 2021.
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