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Home Economy And Business

Black Market Pounds To Naira Exchange Rate January 7th, 2022

by NewsOnline Nigeria
January 7, 2022
in Economy And Business, Headline
0
Black Market Pound To Naira Exchange Rate

Black market pounds to naira exchange rate today 7th January 2022 can be accessed below.

 

 

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of pounds available and the Demands. What it means is that…you can buy or sell 1 pounds at ₦735 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 pounds to naira black market today.

 

Newsonline reports that the local currency opened at ₦735 per £1 at the parallel market otherwise known as the black market, today, Friday, 7th January 2022, in Lagos Nigeria, after it closed at ₦730.00 on Thursday, 6 January 2022. This represents a change of N5 from the previous day.

 

 

I want to sell pounds and I want to buy pounds: I want to change naira to pounds how much is it?

 

Newsonline reports that in the black market, the players buy pounds for ₦730 and sell for ₦735 on Friday morning, January 7, 2022, after they bought ₦725 and sold for ₦730 on Thursday, January 6.

 

 

Meanwhile, NewsOnline reports that pounds started this week at ₦730 in the parallel market also known as the black market on Monday, January 3, 2022.

 

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 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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