The black market rate for Pounds to Naira conversion is 1,935.29 NGN for 1 GBP, as at Today, December 5th, 2025, 10:26 AM.
When you convert the British Pounds to Nigerian Naira, you get 1,935.29 NGN, using the rate of 0.00052 GBP for 1 NGN. *This rate is the black market average from various 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 converter.
Last 7 days, the British Pounds was traded for 1,926.29 NGN, yesterday it went for 1,933.79 NGN, and today it averages 1,935.29 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 1 Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Friday, 5th December 2025 | £1 = 1,935.29 Naira |
| Thursday, 4th December 2025 | £1 = 1,933.79 Naira |
| Wednesday, 3rd December 2025 | £1 = 1,932.29 Naira |
| Tuesday, 2nd December 2025 | £1 = 1,930.79 Naira |
| Monday, 1st December 2025 | £1 = 1,929.29 Naira |
| Sunday, 30th November 2025 | £1 = 1,927.79 Naira |
| Saturday, 29th November 2025 | £1 = 1,926.29 Naira |
| British Pounds | Black Market Rate in Naira |
|---|---|
| 1 Pounds (GBP) to Naira | 1,935.29 |
| 10 Pounds (GBP) to Naira | 19,352.9 |
| 20 Pounds (GBP) to Naira | 38,705.8 |
| 30 Pounds (GBP) to Naira | 58,058.7 |
| 40 Pounds (GBP) to Naira | 77,411.6 |
| 50 Pounds (GBP) to Naira | 96,764.5 |
| 60 Pounds (GBP) to Naira | 116,117.4 |
| 70 Pounds (GBP) to Naira | 135,470.3 |
| 80 Pounds (GBP) to Naira | 154,823.2 |
| 90 Pounds (GBP) to Naira | 174,176.1 |
| 100 Pounds (GBP) to Naira | 193,529 |
| 200 Pounds (GBP) to Naira | 387,058 |
| 300 Pounds (GBP) to Naira | 580,587 |
| 500 Pounds (GBP) to Naira | 967,645 |
| 700 Pounds (GBP) to Naira | 1,354,703 |
| 1,000 Pounds (GBP) to Naira | 1,935,290 |
| 1,500 Pounds (GBP) to Naira | 2,902,935 |
| 2,000 Pounds (GBP) to Naira | 3,870,580 |
| 3,000 Pounds (GBP) to Naira | 5,805,870 |
| 5,000 Pounds (GBP) to Naira | 9,676,450 |
| 10,000 Pounds (GBP) to Naira | 19,352,900 |
| Amount (Nigerian Naira) | GBP Equivalent |
|---|---|
| 1 NGN | 0.001 GBP |
| 100 NGN | 0.052 GBP |
| 1,000 NGN | 0.517 GBP |
| 10,000 NGN | 5.167 GBP |
| 15,000 NGN | 7.751 GBP |
| 20,000 NGN | 10.334 GBP |
| 50,000 NGN | 25.836 GBP |
| 60,000 NGN | 31.003 GBP |
| 70,000 NGN | 36.17 GBP |
| 100,000 NGN | 51.672 GBP |
| 150,000 NGN | 77.508 GBP |
| 250,000 NGN | 129.18 GBP |
| 300,000 NGN | 155.016 GBP |
| 500,000 NGN | 258.359 GBP |
| 700,000 NGN | 361.703 GBP |
| 1,000,000 NGN | 516.718 GBP |
| 2,000,000 NGN | 1,033.437 GBP |
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 ₦.