The black market rate for Pounds to Naira conversion is 2,009.96 NGN for 1 GBP, as at Today, December 24th, 2024, 03:31 AM.
When you convert the British Pounds to Nigerian Naira, you get 2,009.96 NGN, using the rate of 0.00050 GBP for 1 NGN. *This rate is the black market average from various sources outside the CBN.
You can use the currency converter above to check GBP rates and it's NGN equivalent. See also our USDT to Naira converter.
Last 7 days, the British Pounds was traded for 2,000.96 NGN, yesterday it went for 2,008.46 NGN, and today it averages 2,009.96 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 1 Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Tuesday, 24th December 2024 | £1 = 2,009.96 Naira |
| Monday, 23rd December 2024 | £1 = 2,008.46 Naira |
| Sunday, 22nd December 2024 | £1 = 2,006.96 Naira |
| Saturday, 21st December 2024 | £1 = 2,005.46 Naira |
| Friday, 20th December 2024 | £1 = 2,003.96 Naira |
| Thursday, 19th December 2024 | £1 = 2,002.46 Naira |
| Wednesday, 18th December 2024 | £1 = 2,000.96 Naira |
| British Pounds | Black Market Rate in Naira |
|---|---|
| 1 Pounds (GBP) to Naira | 2,009.96 |
| 10 Pounds (GBP) to Naira | 20,099.6 |
| 20 Pounds (GBP) to Naira | 40,199.2 |
| 30 Pounds (GBP) to Naira | 60,298.8 |
| 40 Pounds (GBP) to Naira | 80,398.4 |
| 50 Pounds (GBP) to Naira | 100,498 |
| 60 Pounds (GBP) to Naira | 120,597.6 |
| 70 Pounds (GBP) to Naira | 140,697.2 |
| 80 Pounds (GBP) to Naira | 160,796.8 |
| 90 Pounds (GBP) to Naira | 180,896.4 |
| 100 Pounds (GBP) to Naira | 200,996 |
| 200 Pounds (GBP) to Naira | 401,992 |
| 300 Pounds (GBP) to Naira | 602,988 |
| 500 Pounds (GBP) to Naira | 1,004,980 |
| 700 Pounds (GBP) to Naira | 1,406,972 |
| 1,000 Pounds (GBP) to Naira | 2,009,960 |
| 1,500 Pounds (GBP) to Naira | 3,014,940 |
| 2,000 Pounds (GBP) to Naira | 4,019,920 |
| 3,000 Pounds (GBP) to Naira | 6,029,880 |
| 5,000 Pounds (GBP) to Naira | 10,049,800 |
| 10,000 Pounds (GBP) to Naira | 20,099,600 |
| Amount (Nigerian Naira) | GBP Equivalent |
|---|---|
| 1 NGN | 0 GBP |
| 100 NGN | 0.05 GBP |
| 1,000 NGN | 0.498 GBP |
| 10,000 NGN | 4.975 GBP |
| 15,000 NGN | 7.463 GBP |
| 20,000 NGN | 9.95 GBP |
| 50,000 NGN | 24.876 GBP |
| 60,000 NGN | 29.851 GBP |
| 70,000 NGN | 34.827 GBP |
| 100,000 NGN | 49.752 GBP |
| 150,000 NGN | 74.628 GBP |
| 250,000 NGN | 124.381 GBP |
| 300,000 NGN | 149.257 GBP |
| 500,000 NGN | 248.761 GBP |
| 700,000 NGN | 348.266 GBP |
| 1,000,000 NGN | 497.522 GBP |
| 2,000,000 NGN | 995.045 GBP |
The British Pound Sterling (£) is the official currency of the United Kingdom and is highly valued around the world. In Nigeria, people often turn to the black market to trade Pounds due to strict government controls on foreign exchange, resulting in much higher unofficial exchange rates as they try to get foreign currency more easily.
The Nigerian Naira (NGN) is the official currency of Nigeria, issued and regulated by the Central Bank of Nigeria. It is subdivided into 100 kobo and is symbolized by ₦.