Are you searching for What is Pound to Naira black market exchange rate? or What is Naira to Pound black market rate today? Search no more, right here on this page I will update you regulary on Pound to Naira Black Market rate, Bank Rate, CBN rate and Abokifx rate. All you have to do is to save this page and come back always for latest update.
Before you proceed please note that the Central Bank of Nigeria (CBN) doesn't have approve the parallel market popularly known as black market as it tells individuals who want to engage in Forex or currency exchange to head to their respective banks.
SEE Euro to Naira black market exchange rate HERE
According to Aboki, Bureau De Change (BDC) operators in Abuja Pound to Naira black market exchange rate today is ₦1455
As of Today, Pound is bought at ₦1455 and sold at ₦1170. This means you can buy a Pound in black market with ₦1170 and if you want to sell they will buy your Pound at ₦1455 per 1 Pound, See table below.
Pound to Naira (GBP to NGN) | Black Market Exchange Rate Today |
Buying Rate |
₦1455 |
Selling Rate |
₦1170 |
SEE Dollar to Naira exchange rate HERE
Please note that there might be slight variations in the different parallel (unofficial) markets in Lagos, PH, Uyo, Owerri and other parts of the country, It always varies with 1 naira to 50 naira difference.
Pound To Naira Black Market Rate (December 3, 2023)
Pound to Naira Black Market buy rates are used in calculating the Pound to Naira exchange rate below. For instance, in the table below I converted 5 Pounds to Naira with ₦1455 which is the buying rate.
Pound To Naira (GBP to NGN) | Black Market Exchange Rate Today in Naira |
1 Pound to Naira | ₦ 1455 |
5 Pounds to Naira | ₦ 7275 |
10 Pounds to Naira | ₦ 14550 |
20 Pounds to Naira | ₦ 29100 |
50 Pounds to Naira | ₦ 72750 |
100 Pounds to Naira | ₦ 145500 |
200 Pounds to Naira | ₦ 291000 |
500 Pounds to Naira | ₦ 727500 |
1000 Pounds to Naira | ₦ 1455000 |
2000 Pounds to Naira | ₦ 2910000 |
5000 Pounds to Naira | ₦ 7275000 |
Please note that Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this page. This Portal does not set or determine forex rates.
1 Pound (GBP) to Naira Black Market Rate Today
1 Pound as of today is ₦1455
Amount in Pound |
Price in Naira |
£1 |
₦1455 |
5 Pounds (GBP) to Naira Black Market Rate Today
5 Pounds (GBP) to naira in black market today is ₦7275.
Amount in Pounds |
Price in Naira |
£5 |
₦7275 |
10 Pounds (GBP) to Naira Black Market Rate Today
10 Pounds (GBP) to naira in black market today is ₦14550.
Amount in Pounds |
Price in Naira |
£10 |
₦14550 |
20 Pounds (GBP) to Naira Black Market Rate Today
20 Pounds (GBP) to naira in black market today is ₦29100.
Amount in Pounds |
Price in Naira |
£20 |
₦29100 |
50 Pounds (GBP) to Naira Black Market Rate Today
50 Pounds (GBP) to naira in black market today is ₦72750.
Amount in Pounds |
Price in Naira |
£50 |
₦72750 |
100 Pounds (GBP) to Naira Black Market Rate Today
100 Pounds (GBP) to naira in black market today is ₦145500.
Amount in Pounds |
Price in Naira |
£100 |
₦145500 |
200 Pounds (GBP) to Naira Black Market Rate Today
200 Pounds (GBP) to naira in black market today is ₦291000.
Amount in Pounds |
Price in Naira |
£200 |
₦291000 |
500 Pounds (GBP) to Naira Black Market Rate Today
500 Pounds (GBP) to naira in black market today is ₦727500.
Amount in Pounds |
Price in Naira |
£500 |
₦727500 |
1000 Pounds (GBP) to Naira Black Market Rate Today
1000 Pounds (GBP) to naira in black market today is ₦1455000.
Amount in Pounds |
Price in Naira |
£1000 |
₦1455000 |
2000 Pounds (GBP) to Naira Black Market Rate Today
2000 Pounds (GBP) to naira in black market today is ₦2910000.
Amount in Pounds |
Price in Naira |
£2000 |
₦2910000 |
5000 Pounds (GBP) to Naira Black Market Rate Today
5000 Pounds (GBP) to naira in black market today is ₦7275000.
Amount in Pounds |
Price in Naira |
£5000 |
₦7275000 |
Black Market Exchange Rates Table
£1 | ₦ 1455 |
£5 | ₦ 7275 |
£10 | ₦ 14550 |
£20 | ₦ 29100 |
£50 | ₦ 72750 |
£100 | ₦ 145500 |
£200 | ₦ 291000 |
£500 | ₦ 727500 |
£1000 | ₦ 1455000 |
£2000 | ₦ 2910000 |
£5000 | ₦ 7275000 |
Pound to Naira CBN Rate Today (December 3, 2023)
As of Today, (December 3, 2023), the Pound to Naira Central Bank of Nigeria (CBN) exchange rate is ₦1204. The rate was gotten from cbn website here www.cbn.gov.ng/rates/ExchRateByCurrency.asp.
Pound to Naira (GBP to NGN) |
CBN Exchange Rate Today |
Buying Rate |
₦1204 |
Selling Rate |
₦1205 |
Pound to Naira Bank Rate (December 3, 2023)
The Pound to Naira Bank exchange rate is determined and set by Central Bank of Nigeria (CBN). Information on CBN exchange rate page has it that Pound to Naira bank rate is ₦1204.
Pound to Naira (GBP to NGN) |
Bank Exchange Rate Today |
Buying Rate |
₦1204 |
Selling Rate |
₦1205 |
Thanks for reading. Do you have a question? Please leave a comment below. Also tell us the exchange rate in your area. You are our source as well.