GB flag£500 to Naira Black Market Rate Today

At today's black market BDC buy rate of ₦1,869.92 per GBP, £500 equals ₦934,960.00 at a Bureau de Change in Nigeria. Rates updated daily.

Updated 17 Sept, 11:12 am
GB flag
£500 at Black Market Buy Rate
BDC · GBP to NGN
Live
You receive (Buy)
₦934,960.00
You pay (Sell)
₦945,140.00
£500 at Official CBN Rate
NAFEM · GBP to NGN
CBN
Buy
₦892,405.00
Sell
₦892,405.00
GBP AmountBlack Market (Buy)Black Market (Sell)CBN Official
£200 ₦373,984.00 ₦378,056.00 ₦356,962.00
£250 ₦467,480.00 ₦472,570.00 ₦446,202.50
£300 ₦560,976.00 ₦567,084.00 ₦535,443.00
£400 ₦747,968.00 ₦756,112.00 ₦713,924.00
£500 ₦934,960.00 ₦945,140.00 ₦892,405.00
£600 ₦1,121,952.00 ₦1,134,168.00 ₦1,070,886.00
£750 ₦1,402,440.00 ₦1,417,710.00 ₦1,338,607.50
£1,000 ₦1,869,920.00 ₦1,890,280.00 ₦1,784,810.00
£1,250 ₦2,337,400.00 ₦2,362,850.00 ₦2,231,012.50

How to convert £500 to naira in Nigeria

To exchange £500 at a Bureau de Change in Nigeria today, you should receive approximately ₦934,960.00 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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