The black market rate for 23500 Pounds to Naira is 45,437,720 NGN as of today, 01:42 PM WAT.
When you convert 23500 British Pounds to NGN, you get 45,437,720 Nigerian Naira, using the rate of 0.000517 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 |
|---|---|
| 23500 British Pounds to Naira | 45,437,720 |
| 23500 Dollars to Naira | 34,638,530 |
| 23500 Tether USD to Naira | 34,650,515 |
| 23500 Euros to Naira | 39,748,840 |
Last 7 days, 23500 GBP was traded for 45,437,711 NGN, yesterday it went for 45,437,718.5 NGN, and today it averages 45,437,720 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 23500 British Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Monday, 8th December 2025 | £23500 = 45,437,720 Naira |
| Sunday, 7th December 2025 | £23500 = 45,437,718.5 Naira |
| Saturday, 6th December 2025 | £23500 = 45,437,717 Naira |
| Friday, 5th December 2025 | £23500 = 45,437,715.5 Naira |
| Thursday, 4th December 2025 | £23500 = 45,437,714 Naira |
| Wednesday, 3rd December 2025 | £23500 = 45,437,712.5 Naira |
| Tuesday, 2nd December 2025 | £23500 = 45,437,711 Naira |
| Amount in GBP | Naira Equivalent (NGN) |
|---|---|
| 1 Pounds (GBP) to Naira | 1,933.52 |
| 10 Pounds (GBP) to Naira | 19,335.2 |
| 20 Pounds (GBP) to Naira | 38,670.4 |
| 30 Pounds (GBP) to Naira | 58,005.6 |
| 40 Pounds (GBP) to Naira | 77,340.8 |
| 50 Pounds (GBP) to Naira | 96,676 |
| 60 Pounds (GBP) to Naira | 116,011.2 |
| 70 Pounds (GBP) to Naira | 135,346.4 |
| 80 Pounds (GBP) to Naira | 154,681.6 |
| 90 Pounds (GBP) to Naira | 174,016.8 |
| 100 Pounds (GBP) to Naira | 193,352 |
| 200 Pounds (GBP) to Naira | 386,704 |
| 300 Pounds (GBP) to Naira | 580,056 |
| 500 Pounds (GBP) to Naira | 966,760 |
| 700 Pounds (GBP) to Naira | 1,353,464 |
| 1,000 Pounds (GBP) to Naira | 1,933,520 |
| 1,500 Pounds (GBP) to Naira | 2,900,280 |
| 2,000 Pounds (GBP) to Naira | 3,867,040 |
| 3,000 Pounds (GBP) to Naira | 5,800,560 |
| 5,000 Pounds (GBP) to Naira | 9,667,600 |
| 10,000 Pounds (GBP) to Naira | 19,335,200 |
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 ₦.