The black market rate for Pounds to Naira conversion is 1,948.11 NGN for 1 GBP, as at Today, December 16th, 2025, 10:44 AM.
When you convert the British Pounds to Nigerian Naira, you get 1,948.11 NGN, using the rate of 0.00051 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 1,939.11 NGN, yesterday it went for 1,946.61 NGN, and today it averages 1,948.11 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 |
|---|---|
| Tuesday, 16th December 2025 | £1 = 1,948.11 Naira |
| Monday, 15th December 2025 | £1 = 1,946.61 Naira |
| Sunday, 14th December 2025 | £1 = 1,945.11 Naira |
| Saturday, 13th December 2025 | £1 = 1,943.61 Naira |
| Friday, 12th December 2025 | £1 = 1,942.11 Naira |
| Thursday, 11th December 2025 | £1 = 1,940.61 Naira |
| Wednesday, 10th December 2025 | £1 = 1,939.11 Naira |
| British Pounds | Black Market Rate in Naira |
|---|---|
| 1 Pounds (GBP) to Naira | 1,948.11 |
| 10 Pounds (GBP) to Naira | 19,481.1 |
| 20 Pounds (GBP) to Naira | 38,962.2 |
| 30 Pounds (GBP) to Naira | 58,443.3 |
| 40 Pounds (GBP) to Naira | 77,924.4 |
| 50 Pounds (GBP) to Naira | 97,405.5 |
| 60 Pounds (GBP) to Naira | 116,886.6 |
| 70 Pounds (GBP) to Naira | 136,367.7 |
| 80 Pounds (GBP) to Naira | 155,848.8 |
| 90 Pounds (GBP) to Naira | 175,329.9 |
| 100 Pounds (GBP) to Naira | 194,811 |
| 200 Pounds (GBP) to Naira | 389,622 |
| 300 Pounds (GBP) to Naira | 584,433 |
| 500 Pounds (GBP) to Naira | 974,055 |
| 700 Pounds (GBP) to Naira | 1,363,677 |
| 1,000 Pounds (GBP) to Naira | 1,948,110 |
| 1,500 Pounds (GBP) to Naira | 2,922,165 |
| 2,000 Pounds (GBP) to Naira | 3,896,220 |
| 3,000 Pounds (GBP) to Naira | 5,844,330 |
| 5,000 Pounds (GBP) to Naira | 9,740,550 |
| 10,000 Pounds (GBP) to Naira | 19,481,100 |
| Amount (Nigerian Naira) | GBP Equivalent |
|---|---|
| 1 NGN | 0.001 GBP |
| 100 NGN | 0.051 GBP |
| 1,000 NGN | 0.513 GBP |
| 10,000 NGN | 5.133 GBP |
| 15,000 NGN | 7.7 GBP |
| 20,000 NGN | 10.266 GBP |
| 50,000 NGN | 25.666 GBP |
| 60,000 NGN | 30.799 GBP |
| 70,000 NGN | 35.932 GBP |
| 100,000 NGN | 51.332 GBP |
| 150,000 NGN | 76.998 GBP |
| 250,000 NGN | 128.33 GBP |
| 300,000 NGN | 153.995 GBP |
| 500,000 NGN | 256.659 GBP |
| 700,000 NGN | 359.323 GBP |
| 1,000,000 NGN | 513.318 GBP |
| 2,000,000 NGN | 1,026.636 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 ₦.