GB flag£500 to Naira Black Market Rate Today

At today's black market BDC buy rate of ₦1,871.14 per GBP, £500 equals ₦935,570.00 at a Bureau de Change in Nigeria. Rates updated every 30 minutes.

Updated 4 May, 9:38 pm
GB flag
£500 at Black Market Buy Rate
BDC · GBP to NGN
Live
You receive (Buy)
₦935,570.00
You pay (Sell)
₦943,065.00
£500 at Official CBN Rate
NAFEM · GBP to NGN
CBN
Buy
₦934,320.00
Sell
₦934,320.00
GBP AmountBlack Market (Buy)Black Market (Sell)CBN Official
£200 ₦374,228.00 ₦377,226.00 ₦373,728.00
£250 ₦467,785.00 ₦471,532.50 ₦467,160.00
£300 ₦561,342.00 ₦565,839.00 ₦560,592.00
£400 ₦748,456.00 ₦754,452.00 ₦747,456.00
£500 ₦935,570.00 ₦943,065.00 ₦934,320.00
£600 ₦1,122,684.00 ₦1,131,678.00 ₦1,121,184.00
£750 ₦1,403,355.00 ₦1,414,597.50 ₦1,401,480.00
£1,000 ₦1,871,140.00 ₦1,886,130.00 ₦1,868,640.00
£1,250 ₦2,338,925.00 ₦2,357,662.50 ₦2,335,800.00

How to convert £500 to naira in Nigeria

To exchange £500 at a Bureau de Change in Nigeria today, you should receive approximately ₦935,570.00 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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