5050 Pounds to Naira Black Market Today

The black market rate for 5050 Pounds to Naira is 10,041,824 NGN as of today, 06:16 PM WAT.

5050 GBP = 10,041,824 NGN
* 1 GBP = 1,988.48 NGN* 1 NGN = 0.00050 GBP
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How much is 5050 Pounds in Naira?

When you convert 5050 British Pounds to NGN, you get 10,041,824 Nigerian Naira, using the rate of 0.000503 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.

5050 British Pounds to Naira when compared to other Currencies

Currency ConversionBlack Market Rate in Naira
5050 British Pounds to Naira10,041,824
5050 Dollars to Naira8,207,613.5
5050 Tether USD to Naira8,213,724
5050 Euros to Naira8,322,248.5

Other Amounts

5050 GBP to NGN Price History (Last 7 Days)

Last 7 days, 5050 GBP was traded for 10,041,815 NGN, yesterday it went for 10,041,822.5 NGN, and today it averages 10,041,824 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for  5050 British Pounds against the Nigerian Naira, and the price movements for the week.

DateConversion Rate
Tuesday, 24th December 2024£5050 = 10,041,824 Naira
Monday, 23rd December 2024£5050 = 10,041,822.5 Naira
Sunday, 22nd December 2024£5050 = 10,041,821 Naira
Saturday, 21st December 2024£5050 = 10,041,819.5 Naira
Friday, 20th December 2024£5050 = 10,041,818 Naira
Thursday, 19th December 2024£5050 = 10,041,816.5 Naira
Wednesday, 18th December 2024£5050 = 10,041,815 Naira

Pounds (GBP) to Naira Conversion Rate Table

Currency Information

GBP (British Pounds)

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.

Naira (NGN)

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 ₦.

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