The black market rate for 50800 Pounds to Naira is 100,182,680 NGN as of today, 07:53 AM WAT.
When you convert 50800 British Pounds to NGN, you get 100,182,680 Nigerian Naira, using the rate of 0.000507 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 |
|---|---|
| 50800 British Pounds to Naira | 100,182,680 |
| 50800 Dollars to Naira | 84,763,356 |
| 50800 Tether USD to Naira | 84,458,556 |
| 50800 Euros to Naira | 84,086,700 |
Last 7 days, 50800 GBP was traded for 100,182,671 NGN, yesterday it went for 100,182,678.5 NGN, and today it averages 100,182,680 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 50800 British Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Monday, 13th January 2025 | £50800 = 100,182,680 Naira |
| Sunday, 12th January 2025 | £50800 = 100,182,678.5 Naira |
| Saturday, 11th January 2025 | £50800 = 100,182,677 Naira |
| Friday, 10th January 2025 | £50800 = 100,182,675.5 Naira |
| Thursday, 9th January 2025 | £50800 = 100,182,674 Naira |
| Wednesday, 8th January 2025 | £50800 = 100,182,672.5 Naira |
| Tuesday, 7th January 2025 | £50800 = 100,182,671 Naira |
| Amount in GBP | Naira Equivalent (NGN) |
|---|---|
| 1 Pounds (GBP) to Naira | 1,972.1 |
| 10 Pounds (GBP) to Naira | 19,721 |
| 20 Pounds (GBP) to Naira | 39,442 |
| 30 Pounds (GBP) to Naira | 59,163 |
| 40 Pounds (GBP) to Naira | 78,884 |
| 50 Pounds (GBP) to Naira | 98,605 |
| 60 Pounds (GBP) to Naira | 118,326 |
| 70 Pounds (GBP) to Naira | 138,047 |
| 80 Pounds (GBP) to Naira | 157,768 |
| 90 Pounds (GBP) to Naira | 177,489 |
| 100 Pounds (GBP) to Naira | 197,210 |
| 200 Pounds (GBP) to Naira | 394,420 |
| 300 Pounds (GBP) to Naira | 591,630 |
| 500 Pounds (GBP) to Naira | 986,050 |
| 700 Pounds (GBP) to Naira | 1,380,470 |
| 1,000 Pounds (GBP) to Naira | 1,972,100 |
| 1,500 Pounds (GBP) to Naira | 2,958,150 |
| 2,000 Pounds (GBP) to Naira | 3,944,200 |
| 3,000 Pounds (GBP) to Naira | 5,916,300 |
| 5,000 Pounds (GBP) to Naira | 9,860,500 |
| 10,000 Pounds (GBP) to Naira | 19,721,000 |
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 ₦.