Black market pounds to naira exchange rate today 16th December 2021 can be accessed below.
IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 pounds at ₦775 and the price can change (high or low) within hours.
Newsonline 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 which is 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.
How much is pounds to naira today in black market? (pounds to naira black market today)
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.
Newsonline reports that the local currency opened at ₦775 per £1 at the parallel market
I want to sell pounds and I want to buy pounds: I want to change naira to dollar how much is it?
Newsonline reports that in the black market, the players buy pounds for ₦720 and sell for ₦775 on Thursday morning, December 16, 2021, after they bought ₦720 and sold for ₦725 on Wednesday morning, December 15.
Meanwhile, NewsOnline reports that the pounds started this week at ₦725 in the parallel market also known as the black market on Monday, December 13, 2021.
Disclaimer: NewsOnline 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 BDC sources including various online media outlets. The rates you buy or sell forex may be different from what is captured in this article.