How Much Is a $50 Gift Card to Naira?—March 2025

There’s this pretty necklace I received as a birthday gift last year. The love I had for the necklace made me wear it on most occasions until a friend told me how much it was worth. It turned out that the necklace I had been casually wearing on random occasions was worth a million Naira—blame my ignorance; I didn’t know the worth of the necklace.

Now, a friend gifted me a $50 gift card. Guess what I did first? Yes, I first checked how much it’s worth in Naira. Once bitten, twice shy!

So, if you have an unused $50 gift card, it’s time to maximise its worth. This article will help you know how much your $50 gift card is worth and the best platform to exchange it for instant cash. Let’s get into it.

How Much Is a $50 Gift Card in Naira?

There’s no fixed price for a $50 gift card in Naira because the rate changes based on demand, supply, and the type of gift card you have. 

For example, a $50 Amazon gift card might be worth around ₦14,000 – ₦20,000, while a $50 Steam gift card can go as high as ₦80,000.

However, you can use the Cardtonic rate calculator to get the current price of your $50 gift card.

Here’s a quick breakdown of how much some popular $50 gift cards are worth in Naira:

How to Check Your Gift Card Rates Using the Cardtonic Rate Calculator

To check the rate of your $50 gift card in Naira using the Cardtonic rate calculator, simply visit the Cardtonic website, select your gift card category, select its sub-category, enter the amount, and get the price in Naira.

1. Visit the Cardtonic website. 

2. Select your gift card category. E.g. Amazon, eBay, Steam, etc.

3. Select your gift card sub-category. E.g., For Amazon, this includes USA Amazon Cash Receipt (50-100), UK Amazon with Receipt (10-100), and more.

4. Enter the amount of your gift card in the “Enter Amount” box.

5. Check the “NGN Payout” section to get the Naira price of your gift card.

6 Key Factors That Affect the Rate of a $50 Gift Card

The factors affecting the rate of a gift card include market exchange fluctuation, market demand and supply, brand popularity, gift card denomination, trading platform, and card condition.

1. Market Exchange Fluctuation:

The fluctuation in currency exchange determines the worth of a gift card. This is because you’ll need to convert your gift card from a foreign currency (Dollar) to a local currency (Naira), and the exchange rate fluctuates based on market conditions.

For example, if the Naira is currently high against the dollar, you’ll get a higher value for your gift card in Naira, but if it’s on the flip side, you’ll get a lesser value.

So, when determining the worth of your gift card, keep the currency exchange rate factor in check.

2. Market Demand and Supply:

Remember the law of demand and supply in economics? Yes, it is another factor that determines the worth of a gift card.

Gift cards that are in high demand with low supply have higher rates than those that are surplus in the market but in low demand.

3. Brand Popularity:

Popular gift card brands such as Amazon or iTunes often have a higher rate than the less known brands. The equation is simple: popular brands are in high demand, and high demand often equates to a higher rate. 

So, if you’ve got a popular gift card brand, you’re in luck! It’s likely to fetch you a better price when you decide to sell.

4. Gift Card Denomination:

Gift cards with higher denominations tend to have a higher rate than those with lower denominations. Why?

Okay, imagine you want to pay for a large transaction. Would you prefer a $100 gift card that allows you to make payment once or use a $20 gift card with another payment option to balance up?

The convenience that a larger denomination offers makes people prefer it over a small denomination, which creates a high demand for it. And just like you know, high demand often leads to higher rates.

5. Trading Platform:

The platform you choose to trade your gift card also determines the worth of your gift card in Naira. 

Gift card exchange platforms like Cardtonic offer one of the best gift card rates, ensuring customers get the maximum value for their gift card.

6. Card Condition:

Gift cards can be in physical or digital format. Physical gift cards tend to have a higher rate than digital gift cards because they’re easy to verify and authenticate. This often leads to greater acceptance than digital gift cards, thereby increasing their demand in the market.

Now that you know the factors that determine the worth of your $50 gift card in Naira, the next thing is to sell your gift card for instant cash on a gift card exchange platform.

But wait, how do you know the best platform to sell your gift card at a higher rate?

Relax; I’m still here to give you the best recommendation!

Where to Sell a $50 Gift Card for Instant Cash?

To sell your gift card for instant cash, consider a reliable gift card exchange platform like Cardtonic, which offers competitive rates, instant payouts, and security guarantees.

Cardtonic is a popular fintech brand that facilitates the buying and selling of gift cards at competitive rates. The significant priority placed on having customers’ interests at heart ensures that customers get the maximum value for their gift cards.

Additionally, Cardtonic offers instant payment, excellent customer service, and high security, ensuring users’ assets and data are secured.

To benefit from these mouthwatering opportunities, you can trade your gift card for cash on the Cardtonic website or mobile application.

Now, before you leave, let me give you a few tips on how to get the best gift card rates when selling your gift card for cash. 

Tips to Get the Highest Rate When Selling Gift Cards for Cash

To get the highest rate when selling your gift card for cash, compare the rates on different platforms, check for hidden fees, go for an instant payment option, and trade during the festive period.

1. Compare the Rates on Different Platforms:

Comparing the rates on different platforms can help you get a higher value for your card because different platforms offer different rates. I almost ignorantly sold my gift card for a lower rate. Fortunately, I mentioned it to a friend who recommended Cardtonic to me.

Surprisingly, when I used the gift card rate calculator to compare the rates on Cardtonic with other platforms, the rate was indeed higher. 

So, when you want to sell your gift card, I recommend a platform like Cardtonic to get the highest rate.

2. Check for Hidden Fees:

Consider reliable platforms that don’t come with hidden fees or charge higher transaction fees, because they’ll also determine the price you’ll get after conversion.

3. Go for the Instant Payment Option:

Go for platforms like Cardtonic that offer instant cash payments. I’m sure you don’t want to wait for days or weeks before you get your money.

4. Trade During Festive Periods:

Consider selling your gift cards during festive periods like Christmas or Black Friday. This is because they’re in high demand during these periods, and high demand means you’re likely going to get a higher rate.

Frequently Asked Questions About the Worth of Gift Cards

1. Where Can I Sell My $50 Gift Card for the Best Rate in Naira?

You can sell your $50 gift card at the best rate on a reliable platform like Cardtonic.

2. What Is the Best App to Buy Gift Cards Online?

The best app for buying gift cards online in Nigeria is Cardtonic. You can easily buy any gift card at any time and get them at an affordable rate.

3. How Much Is a $100 Gift Card in Nigeria?

Depending on the gift card type, a $100 gift card is worth about ₦90,000 to ₦125,000 in Nigeria. You can also use the Cardtonic gift card rates calculator to check its current market rate.

4. Does the Value of a $50 Gift Card Change Daily in Naira?

Yes, the value of a $50 gift card changes daily. This is because the exchange rate fluctuation between the Naira and the Dollar directly affects its rate.

5. Which Gift Card Has the Highest Rate in Nigeria Right Now?

Although gift card rates fluctuate, Steam gift cards top the list as the highest gift card rate in Nigeria, with a current rate of ₦1,595/$.

Conclusion 

It’s normal not to value something because you don’t know its worth, as a lack of knowledge can lead to a lack of appreciation. 

The last two minutes have made a difference, as you have gotten to know how much your $50 gift card is worth by using the Cardtonic rate calculator. You have also learned the various factors affecting the worth of a gift card.

Now, you can go ahead and sell your gift card on a reliable gift card exchange platform like Cardtonic to get a higher rate.