🇺🇸 1 USD = ₦1,410🇬🇧 1 GBP = ₦1,885🇪🇺 1 EUR = ₦1,625🇨🇦 1 CAD = ₦993🇺🇸 1 USD = ₦1,410🇬🇧 1 GBP = ₦1,885🇪🇺 1 EUR = ₦1,625🇨🇦 1 CAD = ₦993
Updated 12 July 2026 · Abokifx

Pound to Naira Black Market Rate 12 July 2026 Abokifx

1 GBP → NGN · Lagos · Abuja · Kano · Port Harcourt
Sell (Aboki)
₦1,885 NGN
↓ 1.31% from yesterday
Buy (Aboki)
₦1,860
Spread: ₦25
CBN Official
₦1,850.62
+₦-34 premium (-1.8%)
Today’s rates — 12 July 2026
Sell Rate
₦1,885
↓ 1.31% today
Buy Rate
₦1,860
Spread: ₦25
CBN Rate
₦1,850.62
+-1.8% vs black mkt
Live rate
🇬🇧
Pound (GBP) (GBP) → Nigerian Naira (NGN)
Open market · 12 July 2026
Sell price
1,885
↓ 1.31% from yesterday
Buy price
1,860
Spread ₦25  · 1.33%
🏦 CBN official rate: ₦1,850.62Black market premium: ₦-34 (-1.8%)
30-day chart
GBP / NGN — parallel market sell rate
Highest (30d)
₦2,030
Lowest (30d)
₦1,910
Average (30d)
₦1,971
Currency calculator
Pound → Naira converter
Live black market sell rate: ₦1,885 per GBP
Amount (GBP)
=
You receive (NGN)
₦1,885
Historical data
GBP / NGN — rate history
DateBuy (₦)Sell (₦)Change
26 Feb 2026₦1,870₦1,920+0.52%
19 Feb 2026₦1,870₦1,910-1.55%
16 Feb 2026₦1,900₦1,940-1.52%
12 Feb 2026₦1,940₦1,970-1.01%
06 Feb 2026₦1,950₦1,990+0.00%
04 Feb 2026₦1,950₦1,990-1.00%
02 Feb 2026₦1,970₦2,010-0.99%
29 Jan 2026₦1,990₦2,030+0.50%
20 Jan 2026₦1,980₦2,020+0.00%
19 Jan 2026₦1,980₦2,020+0.00%
15 Jan 2026₦1,980₦2,020+0.10%
12 Jan 2026₦1,980₦2,018+0.00%
10 Jan 2026₦1,980₦2,018+1.15%
06 Jan 2026₦1,970₦1,995+1.79%
↓ Download CSVUp to 90 days of data
Quick conversion table
GBP to Naira conversion table
At sell rate ₦1,885 per GBP
Amount
NGN
Amount
NGN
1 GBP
₦1,885
2 GBP
₦3,770
5 GBP
₦9,425
10 GBP
₦18,850
20 GBP
₦37,700
50 GBP
₦94,250
100 GBP
₦188,500
200 GBP
₦377,000
500 GBP
₦942,500
1000 GBP
₦1,885,000
2000 GBP
₦3,770,000
5000 GBP
₦9,425,000
About this rate

As of 12 July 2026, the exchange rate for 1 Pound to Nigerian Naira is ₦1,885. Compared to yesterday, this represents a ↓ 1.31% in value.

If you're planning to buy 1 Pound at street value, the current rate would cost you approximately ₦1,885.

Rate TypeAmount (₦)
Buy Rate1,860
Sell Rate1,885

GBP / NGN Historical Table

DateBuy (₦)Sell (₦)% Change
26 Feb 2026₦1,870₦1,920+0.52%
19 Feb 2026₦1,870₦1,910-1.55%
16 Feb 2026₦1,900₦1,940-1.52%
12 Feb 2026₦1,940₦1,970-1.01%
06 Feb 2026₦1,950₦1,990+0.00%
04 Feb 2026₦1,950₦1,990-1.00%
02 Feb 2026₦1,970₦2,010-0.99%
29 Jan 2026₦1,990₦2,030+0.50%
20 Jan 2026₦1,980₦2,020+0.00%
19 Jan 2026₦1,980₦2,020+0.00%
15 Jan 2026₦1,980₦2,020+0.10%
12 Jan 2026₦1,980₦2,018+0.00%
10 Jan 2026₦1,980₦2,018+1.15%
06 Jan 2026₦1,970₦1,995+1.79%
02 Jan 2026₦1,940₦1,960+0.00%
30 Dec 2025₦1,930₦1,960+0.51%
29 Dec 2025₦1,910₦1,950-1.52%
12 Dec 2025₦1,940₦1,980+0.00%
11 Dec 2025₦1,940₦1,980+0.51%
08 Dec 2025₦1,930₦1,970-0.76%
06 Dec 2025₦1,948₦1,985-1.24%
05 Dec 2025₦1,980₦2,010+3.08%
04 Dec 2025₦1,913₦1,950+0.00%
02 Dec 2025₦1,913₦1,950+1.40%
28 Nov 2025₦1,888₦1,923+0.00%
25 Nov 2025₦1,888₦1,923-0.62%
21 Nov 2025₦1,900₦1,935+0.26%
20 Nov 2025₦1,898₦1,930+0.00%
19 Nov 2025₦1,898₦1,930+0.10%
18 Nov 2025₦1,898₦1,928+0.00%
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Are you interested in finding today's up-to-date Pounds to Naira exchange rate? See the recent updates below:


Recent GBP/NGN Rate History & Calculator

QtySell Total (₦)
1₦1,885
2₦3,770
3₦5,655
4₦7,540
5₦9,425
6₦11,310
7₦13,195
8₦15,080
9₦16,965
10₦18,850
11₦20,735
12₦22,620
13₦24,505
14₦26,390
15₦28,275
16₦30,160
17₦32,045
18₦33,930
19₦35,815
20₦37,700
21₦39,585
22₦41,470
23₦43,355
24₦45,240
25₦47,125
26₦49,010
27₦50,895
28₦52,780
29₦54,665
30₦56,550
31₦58,435
32₦60,320
33₦62,205
34₦64,090
35₦65,975
36₦67,860
37₦69,745
38₦71,630
39₦73,515
40₦75,400
41₦77,285
42₦79,170
43₦81,055
44₦82,940
45₦84,825
46₦86,710
47₦88,595
48₦90,480
49₦92,365
50₦94,250
51₦96,135
52₦98,020
53₦99,905
54₦101,790
55₦103,675
56₦105,560
57₦107,445
58₦109,330
59₦111,215
60₦113,100
61₦114,985
62₦116,870
63₦118,755
64₦120,640
65₦122,525
66₦124,410
67₦126,295
68₦128,180
69₦130,065
70₦131,950
71₦133,835
72₦135,720
73₦137,605
74₦139,490
75₦141,375
76₦143,260
77₦145,145
78₦147,030
79₦148,915
80₦150,800
81₦152,685
82₦154,570
83₦156,455
84₦158,340
85₦160,225
86₦162,110
87₦163,995
88₦165,880
89₦167,765
90₦169,650
91₦171,535
92₦173,420
93₦175,305
94₦177,190
95₦179,075
96₦180,960
97₦182,845
98₦184,730
99₦186,615
100₦188,500

We check with real dealers in Lagos and Abuja to get accurate rates. The current Pound to Naira rates are:

Exchange rates for world currencies fluctuate, but the strength of a currency is a sign of economic health. Pound Sterling, US Dollar, and Japanese Yen remain among the world’s top traded currencies. Today, we’re focusing on the Pound Sterling (GBP) and its exchange against the Naira.

More About Pound Sterling

Related currencies
Related rate
US Dollar to Naira Black Market Rate [date] Today Abokifx
₦1,410sell
Related rate
Euro to Naira Black Market Rate [date]
₦1,625sell
Related rate
Canadian Dollar to Naira Black Market Rate [date]
₦993sell
Related rate
Japanese Yen to Naira Black Market Rate Today — JPY/NGN
₦8.52sell
Written by
Frequently asked questions
How much is 1 GBP to Naira today?
As of today, 1 Pound (GBP) sells for ₦1,885 in the parallel (black) market.
What is the CBN rate vs black market rate?
The CBN official rate is ₦1,850.62. The black market sell rate is ₦1,885 — a spread of ₦34.
How much is 100 GBP to Naira in the black market?
100 GBP at today's black market sell rate is ₦188,500. Use the calculator above to convert any amount.
Why does the exchange rate keep changing?
The parallel market rate fluctuates daily based on supply and demand. Key drivers include oil revenue, CBN monetary policy, diaspora remittances, import demand, and BDC operator activity.
Is the black market rate different in Lagos vs Abuja?
Yes, rates can vary slightly by city. Lagos and Abuja (Wuse Zone 4) often show marginally different rates. We report an average across major Nigerian cities.
Rates sourced from CBN official data and open market aggregators · updated daily · for information purposes only