The black market rate for Pounds to Naira conversion is 2,103.52 NGN for 1 GBP, as at Today, April 16th, 2025, 07:04 PM.
When you convert the British Pounds to Nigerian Naira, you get 2,103.52 NGN, using the rate of 0.00048 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 2,094.52 NGN, yesterday it went for 2,102.02 NGN, and today it averages 2,103.52 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 |
|---|---|
| Wednesday, 16th April 2025 | £1 = 2,103.52 Naira |
| Tuesday, 15th April 2025 | £1 = 2,102.02 Naira |
| Monday, 14th April 2025 | £1 = 2,100.52 Naira |
| Sunday, 13th April 2025 | £1 = 2,099.02 Naira |
| Saturday, 12th April 2025 | £1 = 2,097.52 Naira |
| Friday, 11th April 2025 | £1 = 2,096.02 Naira |
| Thursday, 10th April 2025 | £1 = 2,094.52 Naira |
| British Pounds | Black Market Rate in Naira |
|---|---|
| 1 Pounds (GBP) to Naira | 2,103.52 |
| 10 Pounds (GBP) to Naira | 21,035.2 |
| 20 Pounds (GBP) to Naira | 42,070.4 |
| 30 Pounds (GBP) to Naira | 63,105.6 |
| 40 Pounds (GBP) to Naira | 84,140.8 |
| 50 Pounds (GBP) to Naira | 105,176 |
| 60 Pounds (GBP) to Naira | 126,211.2 |
| 70 Pounds (GBP) to Naira | 147,246.4 |
| 80 Pounds (GBP) to Naira | 168,281.6 |
| 90 Pounds (GBP) to Naira | 189,316.8 |
| 100 Pounds (GBP) to Naira | 210,352 |
| 200 Pounds (GBP) to Naira | 420,704 |
| 300 Pounds (GBP) to Naira | 631,056 |
| 500 Pounds (GBP) to Naira | 1,051,760 |
| 700 Pounds (GBP) to Naira | 1,472,464 |
| 1,000 Pounds (GBP) to Naira | 2,103,520 |
| 1,500 Pounds (GBP) to Naira | 3,155,280 |
| 2,000 Pounds (GBP) to Naira | 4,207,040 |
| 3,000 Pounds (GBP) to Naira | 6,310,560 |
| 5,000 Pounds (GBP) to Naira | 10,517,600 |
| 10,000 Pounds (GBP) to Naira | 21,035,200 |
| Amount (Nigerian Naira) | GBP Equivalent |
|---|---|
| 1 NGN | 0 GBP |
| 100 NGN | 0.048 GBP |
| 1,000 NGN | 0.475 GBP |
| 10,000 NGN | 4.754 GBP |
| 15,000 NGN | 7.131 GBP |
| 20,000 NGN | 9.508 GBP |
| 50,000 NGN | 23.77 GBP |
| 60,000 NGN | 28.524 GBP |
| 70,000 NGN | 33.278 GBP |
| 100,000 NGN | 47.539 GBP |
| 150,000 NGN | 71.309 GBP |
| 250,000 NGN | 118.848 GBP |
| 300,000 NGN | 142.618 GBP |
| 500,000 NGN | 237.697 GBP |
| 700,000 NGN | 332.776 GBP |
| 1,000,000 NGN | 475.394 GBP |
| 2,000,000 NGN | 950.787 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 ₦.