The black market rate for 508 Pounds to Naira is 1,013,617.48 NGN as of today, 06:44 AM WAT.
When you convert 508 British Pounds to NGN, you get 1,013,617.48 Nigerian Naira, using the rate of 0.000501 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 |
|---|---|
| 508 British Pounds to Naira | 1,013,617.48 |
| 508 Dollars to Naira | 833,013.32 |
| 508 Tether USD to Naira | 830,204.08 |
| 508 Euros to Naira | 852,799.92 |
Last 7 days, 508 GBP was traded for 1,013,608.48 NGN, yesterday it went for 1,013,615.98 NGN, and today it averages 1,013,617.48 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 508 British Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Sunday, 26th January 2025 | £508 = 1,013,617.48 Naira |
| Saturday, 25th January 2025 | £508 = 1,013,615.98 Naira |
| Friday, 24th January 2025 | £508 = 1,013,614.48 Naira |
| Thursday, 23rd January 2025 | £508 = 1,013,612.98 Naira |
| Wednesday, 22nd January 2025 | £508 = 1,013,611.48 Naira |
| Tuesday, 21st January 2025 | £508 = 1,013,609.98 Naira |
| Monday, 20th January 2025 | £508 = 1,013,608.48 Naira |
| Amount in GBP | Naira Equivalent (NGN) |
|---|---|
| 1 Pounds (GBP) to Naira | 1,995.31 |
| 10 Pounds (GBP) to Naira | 19,953.1 |
| 20 Pounds (GBP) to Naira | 39,906.2 |
| 30 Pounds (GBP) to Naira | 59,859.3 |
| 40 Pounds (GBP) to Naira | 79,812.4 |
| 50 Pounds (GBP) to Naira | 99,765.5 |
| 60 Pounds (GBP) to Naira | 119,718.6 |
| 70 Pounds (GBP) to Naira | 139,671.7 |
| 80 Pounds (GBP) to Naira | 159,624.8 |
| 90 Pounds (GBP) to Naira | 179,577.9 |
| 100 Pounds (GBP) to Naira | 199,531 |
| 200 Pounds (GBP) to Naira | 399,062 |
| 300 Pounds (GBP) to Naira | 598,593 |
| 500 Pounds (GBP) to Naira | 997,655 |
| 700 Pounds (GBP) to Naira | 1,396,717 |
| 1,000 Pounds (GBP) to Naira | 1,995,310 |
| 1,500 Pounds (GBP) to Naira | 2,992,965 |
| 2,000 Pounds (GBP) to Naira | 3,990,620 |
| 3,000 Pounds (GBP) to Naira | 5,985,930 |
| 5,000 Pounds (GBP) to Naira | 9,976,550 |
| 10,000 Pounds (GBP) to Naira | 19,953,100 |
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 ₦.