IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy or sell 1 pound at 820 and 845, note that the price can change (high or low) within hours.
NewsOnline reports that this page keeps our readers updated with the daily exchange rate of 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’s black market rate i.e that unofficial market which plays a major role in the fx market.
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.
The local currency opened at ₦820 per £1 at the parallel market otherwise known as the black market, today Tuesday, 20 December 2022, in Lagos Nigeria, after it closed at ₦820.00 on Monday, 19 December 2022.
NewsOnline Nigeria reports that in the black market, the players buy pounds for ₦815 and sell for ₦820 on Tuesday 20 December 2022, after they purchased ₦800 and sold for ₦805 on Monday, 19 December 2022.
Meanwhile, NewsOnline reports that pounds started this week at ₦800 in the parallel market also known as the black market on Monday, 19 December 2022. compared to last week Monday, December 12, 2022, when it opened at ₦940.
Disclaimer: NEWS ONLINE 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.
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