GB flag£16 to Naira Black Market Rate Today

At today's black market BDC buy rate of ₦1,876.47 per GBP, £16 equals ₦30,023.52 at a Bureau de Change in Nigeria. Rates updated every 30 minutes.

Updated 19 Jun, 0:44 am
GB flag
£16 at Black Market Buy Rate
BDC · GBP to NGN
Live
You receive (Buy)
₦30,023.52
You pay (Sell)
₦29,903.20
£16 at Official CBN Rate
NAFEM · GBP to NGN
CBN
Buy
₦29,066.56
Sell
₦29,066.56
GBP AmountBlack Market (Buy)Black Market (Sell)CBN Official
£12 ₦22,517.64 ₦22,427.40 ₦21,799.92
£13 ₦24,394.11 ₦24,296.35 ₦23,616.58
£14 ₦26,270.58 ₦26,165.30 ₦25,433.24
£15 ₦28,147.05 ₦28,034.25 ₦27,249.90
£16 ₦30,023.52 ₦29,903.20 ₦29,066.56
£17 ₦31,899.99 ₦31,772.15 ₦30,883.22
£18 ₦33,776.46 ₦33,641.10 ₦32,699.88
£19 ₦35,652.93 ₦35,510.05 ₦34,516.54
£20 ₦37,529.40 ₦37,379.00 ₦36,333.20

How to convert £16 to naira in Nigeria

To exchange £16 at a Bureau de Change in Nigeria today, you should receive approximately ₦30,023.52 at the black market buy rate. The exact amount depends on your BDC operator, your location, and the condition of your notes.

Sending pounds to Nigeria

UK-based Nigerians can convert pounds at BDC operators or through remittance services. BDC operators in Lagos and Abuja quote pound-to-naira rates derived from the USD/NGN parallel rate and the live GBP/USD cross-rate. For amounts above £500, call ahead to confirm availability.

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