The black market rate for 29050 Pounds to Naira is 56,483,658 NGN as of today, 11:05 PM WAT.
When you convert 29050 British Pounds to NGN, you get 56,483,658 Nigerian Naira, using the rate of 0.000514 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 |
|---|---|
| 29050 British Pounds to Naira | 56,483,658 |
| 29050 Dollars to Naira | 43,195,026 |
| 29050 Tether USD to Naira | 43,168,881 |
| 29050 Euros to Naira | 49,530,250 |
Last 7 days, 29050 GBP was traded for 56,483,649 NGN, yesterday it went for 56,483,656.5 NGN, and today it averages 56,483,658 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 29050 British Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Thursday, 11th December 2025 | £29050 = 56,483,658 Naira |
| Wednesday, 10th December 2025 | £29050 = 56,483,656.5 Naira |
| Tuesday, 9th December 2025 | £29050 = 56,483,655 Naira |
| Monday, 8th December 2025 | £29050 = 56,483,653.5 Naira |
| Sunday, 7th December 2025 | £29050 = 56,483,652 Naira |
| Saturday, 6th December 2025 | £29050 = 56,483,650.5 Naira |
| Friday, 5th December 2025 | £29050 = 56,483,649 Naira |
| Amount in GBP | Naira Equivalent (NGN) |
|---|---|
| 1 Pounds (GBP) to Naira | 1,944.36 |
| 10 Pounds (GBP) to Naira | 19,443.6 |
| 20 Pounds (GBP) to Naira | 38,887.2 |
| 30 Pounds (GBP) to Naira | 58,330.8 |
| 40 Pounds (GBP) to Naira | 77,774.4 |
| 50 Pounds (GBP) to Naira | 97,218 |
| 60 Pounds (GBP) to Naira | 116,661.6 |
| 70 Pounds (GBP) to Naira | 136,105.2 |
| 80 Pounds (GBP) to Naira | 155,548.8 |
| 90 Pounds (GBP) to Naira | 174,992.4 |
| 100 Pounds (GBP) to Naira | 194,436 |
| 200 Pounds (GBP) to Naira | 388,872 |
| 300 Pounds (GBP) to Naira | 583,308 |
| 500 Pounds (GBP) to Naira | 972,180 |
| 700 Pounds (GBP) to Naira | 1,361,052 |
| 1,000 Pounds (GBP) to Naira | 1,944,360 |
| 1,500 Pounds (GBP) to Naira | 2,916,540 |
| 2,000 Pounds (GBP) to Naira | 3,888,720 |
| 3,000 Pounds (GBP) to Naira | 5,833,080 |
| 5,000 Pounds (GBP) to Naira | 9,721,800 |
| 10,000 Pounds (GBP) to Naira | 19,443,600 |
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 ₦.