The black market rate for 49948 Pounds to Naira is 98,335,125 NGN as of today, 06:54 PM WAT.
When you convert 49948 British Pounds to NGN, you get 98,335,125 Nigerian Naira, using the rate of 0.000508 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 |
|---|---|
| 49948 British Pounds to Naira | 98,335,125 |
| 49948 Dollars to Naira | 77,077,755.68 |
| 49948 Tether USD to Naira | 77,174,155.32 |
| 49948 Euros to Naira | 82,420,693.24 |
Last 7 days, 49948 GBP was traded for 98,335,116 NGN, yesterday it went for 98,335,123.5 NGN, and today it averages 98,335,125 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 49948 British Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Wednesday, 2nd April 2025 | £49948 = 98,335,125 Naira |
| Tuesday, 1st April 2025 | £49948 = 98,335,123.5 Naira |
| Monday, 31st March 2025 | £49948 = 98,335,122 Naira |
| Sunday, 30th March 2025 | £49948 = 98,335,120.5 Naira |
| Saturday, 29th March 2025 | £49948 = 98,335,119 Naira |
| Friday, 28th March 2025 | £49948 = 98,335,117.5 Naira |
| Thursday, 27th March 2025 | £49948 = 98,335,116 Naira |
| Amount in GBP | Naira Equivalent (NGN) |
|---|---|
| 1 Pounds (GBP) to Naira | 1,968.75 |
| 10 Pounds (GBP) to Naira | 19,687.5 |
| 20 Pounds (GBP) to Naira | 39,375 |
| 30 Pounds (GBP) to Naira | 59,062.5 |
| 40 Pounds (GBP) to Naira | 78,750 |
| 50 Pounds (GBP) to Naira | 98,437.5 |
| 60 Pounds (GBP) to Naira | 118,125 |
| 70 Pounds (GBP) to Naira | 137,812.5 |
| 80 Pounds (GBP) to Naira | 157,500 |
| 90 Pounds (GBP) to Naira | 177,187.5 |
| 100 Pounds (GBP) to Naira | 196,875 |
| 200 Pounds (GBP) to Naira | 393,750 |
| 300 Pounds (GBP) to Naira | 590,625 |
| 500 Pounds (GBP) to Naira | 984,375 |
| 700 Pounds (GBP) to Naira | 1,378,125 |
| 1,000 Pounds (GBP) to Naira | 1,968,750 |
| 1,500 Pounds (GBP) to Naira | 2,953,125 |
| 2,000 Pounds (GBP) to Naira | 3,937,500 |
| 3,000 Pounds (GBP) to Naira | 5,906,250 |
| 5,000 Pounds (GBP) to Naira | 9,843,750 |
| 10,000 Pounds (GBP) to Naira | 19,687,500 |
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 ₦.