Pound to Naira Exchange Rate (GBP/NGN) Nov. 16, 2022 (Black Market)

Pound to Naira Exchange Rate (GBP/NGN) Nov. 16, 2022, from an unofficial market (black market) 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. But as of the time of filing this report, you can buy or sell 1 pounds at ₦940 and the price can change (high or low) within hours.

 

Newsonline 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.

ALSO: Dollar to Naira Exchange Rate (USD/NGN) Nov. 16, 2022 (Black Market)

 

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.

 

How much is pounds to naira today in black market? (Black market pound to naira)

 

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 ₦940 per £1 at the parallel market otherwise known as the black market, today, Wednesday, 16 November 2022, in Lagos Nigeria, after it closed at ₦945.00 on Tuesday, 15 November 2022.

 

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 ₦920 and sell for ₦940 on Wednesday, 16 November 2022, after they purchased ₦925 and sold for ₦945 on Tuesday, 15 November 2022.

 

Meanwhile, NewsOnline reports that pounds started this week at ₦945 in the parallel market also known as the black market on Monday, November 14, 2022. compared to last week Monday, November 7, 2022, when it opened at ₦1005.