Pounds to Naira Black Market Rate Today in Nigeria

October 30, 2022 Mary

Pounds to Naira Black Market Rate Today | GBP to NGN Exchange Rate Today

Get information about pounds to naira exchange rate today’s. Find the value of GBP to NGN Exchange Rate

Pounds to Naira Today: Do you need to exchange Naira for a foreign currency like Pound?

Confused what to do first before changing money? First you need to understand how to check currency rates.

Knowing the exchange rate between Pound and Naira is important especially when it comes to Aboki FX Pound to Naira rate.

If you are traveling abroad then it is good to know what is the exchange rate and also if you are doing online transactions in pounds, knowing the exchange rate becomes important

This is a very useful article covering everything you need to know about the GBP to NGN exchange rate and the current exchange rate for pound sterling to naira, both the black market rate and the CBN rate.

You convert your GBP to naira at this rate or change your pound to naira at the parallel market or the latest black market rate.

To check currency rates, you don’t have to go to a bank or money changer. Want to know how to check the exchange rate easily and practically? Don’t worry, VON! have the following explanation.

Pound to Naira Aboki FX
Pound to Naira today
Pound to Naira black market today
Pound sterling to Naira today parallel market
Pound to Naira bank rate today
Pound Sterling to Naira Today Exchange Rate

What is the current black market exchange rate of Pounds to Naira

The British Pound is the currency of the United Kingdom (UK). It is the 4th most traded currency, after the US dollar, Japanese yen and euro. This currency is also the third most used as foreign exchange reserves in the world. Pound is the oldest currency that still survives today.

Beware of bad exchange rates. Traditional banks and providers often have extra fees that are passed on to you by inflating exchange rates. Our smart technology means we’re more efficient – and that means you get excellent rates. every time.

One of the effects of highly regulated currency exchange rate is the expansion of thriving black market exchange.

The black market exchange rate is growing faster than what the government is providing through the legal channels.

Information on the rate of black market is very hard to find online. This page is to help share the daily exchange rate of current British pound to naira black market rate is tabulated below.

Pound to Naira (GBP to NGN) Black Market Exchange Rate Today

Pound to Naira (GBP to NGN)	Black Market Exchange Rate Today
Buying Rate	₦836
Selling Rate	₦845

Please note that the Central Bank of Nigeria does not recognize the black market (parallel market) and recommends individuals interested in Forex to contact their respective banks before carrying out their transactions.

Pounds to Naira CBN Exchange Rate

As of today, the exchange rate of pounds to naira black market is different from the CBN exchange rate and other commercial banks.

There are several ways to check Dollar to Naira rates from which you can choose.

However, visiting a bank or exchange office to find out the current exchange rate may not happen all the time. In fact, there are still many people who act in this less practical way.