IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of pounds available and the Demands. It means that…you can buy or sell 1 pounds at ₦950 and the price can change (high or low) within hours.
Newsone Nigeria reports that this page keeps our readers updated with the daily exchange rate of us pounds to naira in the parallel market popularly known as the black market operated by the Burea De Change (BDC) operators.
While pounds to naira exchange rate at the official market is important, we, however, note that this page rather focuses on the pounds to naira today black market rate.
This page concentrates on the black market pounds to naira exchange rate and we know our readers will love to know how much is pounds to naira today in black market, hence, we have sourced the figures from various Bureau De Change (BDC) markets in Lagos, Nigeria’s commercial city to give you the exact pounds to naira black market today.
Newsone reports that the local currency opened at ₦950 per £1 at the parallel market otherwise known as the black market, today, Tuesday, 15 November 2022, in Lagos Nigeria, after it closed at ₦945.00 on Monday, 14 November 2022.
Newsone reports that in the black market, the players buy pounds for ₦935 and sell for ₦950 on Tuesday, 15 November 2022, after they purchased ₦925 and sold for ₦945 on Monday, 14 November 2022.
Meanwhile, NewsOne reports that pounds started this week at ₦1005 in the parallel market also known as the black market on Monday, November 7, 2022. compared to last week Monday, October 31, 2022, when it opened at ₦990.
Disclaimer: NEWSONE NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.