The black market rate for 31000 Pounds to Naira is 65,084,531 NGN as of today, 09:42 PM WAT.
When you convert 31000 British Pounds to NGN, you get 65,084,531 Nigerian Naira, using the rate of 0.000476 GBP for 1 NGN. This is the parallel market rate obtained using the black market average from 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 rates.
| Currency Conversion | Black Market Rate in Naira |
|---|---|
| 31000 British Pounds to Naira | 65,084,531 |
| 31000 Dollars to Naira | 53,984,330 |
| 31000 Tether USD to Naira | 53,754,620 |
| 31000 Euros to Naira | 55,362,280 |
Last 7 days, 31000 GBP was traded for 65,084,522 NGN, yesterday it went for 65,084,529.5 NGN, and today it averages 65,084,531 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 31000 British Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Friday, 15th November 2024 | £31000 = 65,084,531 Naira |
| Thursday, 14th November 2024 | £31000 = 65,084,529.5 Naira |
| Wednesday, 13th November 2024 | £31000 = 65,084,528 Naira |
| Tuesday, 12th November 2024 | £31000 = 65,084,526.5 Naira |
| Monday, 11th November 2024 | £31000 = 65,084,525 Naira |
| Sunday, 10th November 2024 | £31000 = 65,084,523.5 Naira |
| Saturday, 9th November 2024 | £31000 = 65,084,522 Naira |
| Amount in GBP | Naira Equivalent (NGN) |
|---|---|
| 1 Pounds (GBP) to Naira | 2,099.501 |
| 10 Pounds (GBP) to Naira | 20,995.01 |
| 20 Pounds (GBP) to Naira | 41,990.02 |
| 30 Pounds (GBP) to Naira | 62,985.03 |
| 40 Pounds (GBP) to Naira | 83,980.04 |
| 50 Pounds (GBP) to Naira | 104,975.05 |
| 60 Pounds (GBP) to Naira | 125,970.06 |
| 70 Pounds (GBP) to Naira | 146,965.07 |
| 80 Pounds (GBP) to Naira | 167,960.08 |
| 90 Pounds (GBP) to Naira | 188,955.09 |
| 100 Pounds (GBP) to Naira | 209,950.1 |
| 200 Pounds (GBP) to Naira | 419,900.2 |
| 300 Pounds (GBP) to Naira | 629,850.3 |
| 500 Pounds (GBP) to Naira | 1,049,750.5 |
| 700 Pounds (GBP) to Naira | 1,469,650.7 |
| 1,000 Pounds (GBP) to Naira | 2,099,501 |
| 1,500 Pounds (GBP) to Naira | 3,149,251.5 |
| 2,000 Pounds (GBP) to Naira | 4,199,002 |
| 3,000 Pounds (GBP) to Naira | 6,298,503 |
| 5,000 Pounds (GBP) to Naira | 10,497,505 |
| 10,000 Pounds (GBP) to Naira | 20,995,010 |
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 ₦.