This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. In the bid to keep our readers, guests and other beautiful people updated on the rate and strength of our country Nigeria’s currency against other currencies of the world, we have concocted this article on Black market Pounds to Naira Exchange rate today. Euros to Naira. GBP at the beginning of the week the opening rate was ₦625 at the parallel market on Monday, December 14, 2020. Buying – 465 Selling – 470. Pounds in the CBN Rate Buying – 399.1796. Parallel market: According to information from Abokifx – a prominent FX tracking website, at the black market where forex is traded unofficially, the Naira depreciated against the dollar to close at N478/$1 on Wednesday. Usd naira is n211 today in the black market 280115 nigeria s floating read sinking naira cato liberty abokifx 2020 cur black market exchange rate in nigeria abokifx dollar naira exchange rate today euro pound black market naira hits n509 to 1 at forwards market as demand for the u s abokifx dollar naira exchange rate today euro pound black market. In 2008, there was a plan to … The black market exchange rate of dollar is the price at which vendors operating outside legal banking channels exchange the dollar for Naira – always intending to maximize huge profit. Dollar to Naira. Any use or reliance on our content or data is solely at your own risk and discretion. You should conduct your own research, review, analysis and verify our content before relying on them. Pounds To Naira Exchange Rate Today & Black Market; Western Union Rates In Nigeria; Dollar To Naira Exchange Rate Today & Black Market Simply choose the currency that you want to convert and we'll show you the exchange rate history. Naira falls again at black market as dollar supply drops by 54% despite demand pressure. Pounds to Naira Rate Hits N596 at the Black Market The British Pounds gained against the Nigerian Naira on Wednesday at the black market as forex scarcity persists. British Pound to Nigerian Naira Conversion Last updated: 2020-12-08 03:16 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. No content or data on our Site is meant to be a solicitation or offer. Get here an accurate and live exchange rates of Naira to Dollar, Pound to Dollar, Euro to Naira from the most reliable market analyst (AbokiFX.com). Abokifx Black Market Exchange Rate Today For Euro Pounds Dollar To Naira … Abokifx.com website is a very popular website / online platform for daily update on Nigeria’s conversion to major currency exchange rate { Abokifx Black Market Exchange Rate Today Aboki Forex } Lagos You can always check on this site to get daily updates of the Pound to Naira exchange rate both in the black market and the official CBN rate.You can easily subscribe to this blog to get the information delivered straight to your email. Also, the Naira closed yesterday at N425 to a Euro, a similar amount it was sold for last Friday at the black market. +> with much ♥ by CalculatePlus. This makes it -0.01% decline for Pounds against Naira this week. Dollar to Naira Rate Black Market March 11 2020. One such currency is the pound which is exchanged at N600 for £1 pound. Nigerian Naira to British Pound Sterling Convert NGN to GBP at the real exchange rate. Black Market Rate of Dollar. What is the exchange rate of pounds to naira? WESTERN UNION (Receiving) NGN USD GBP EUR 07/12/2020: 380.28 493.36 444.83 04/12/2020: 380.28 498.94 445.13 MONEYGRAM (Receiving) NGN USD GBP EUR 04/12/2020: 378.52 512.66 467,71 03/12/2020: 378.52 512.66 467,71 CBN Exchange Rates. So, if you’re planning to travel or send money from Britain to Nigeria, you will be required to convert your currency from British pounds to Nigerian Naira before you can actually transact or proceed with the sending of money. Get notified when we launch. If the CBN wants to boast the strength of Naira then it must be ready to consistently inject more liquidity into the retail sector of the fx market as this will go a long way to curb the illegal activities of mostly hoarders. Sign up to get notified, and we’ll let you know as soon as we can. Amount. Online Currency Convertor Services. These are the current Nigerian Naira exchange rate with the Great Britain Pounds Sterling as at today. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. For fifty pounds you get today 25,223 naira 13 kobo. Against the European common currency, the Euro, […] on October 23, 2020 October 23, 2020 October 23, 2020 October 23, 2020 Naira also depreciated by N45 against the British pound as the black market exchange rate rose to N485 per pound, N340 as on Friday. GBP at the beginning of the week the opening rate was ₦625 at the parallel market on Monday, December 7, 2020. Toggle navigation Calculate C Plus. Converted to. Our currency calculator gives you real time figures based on the our online rate of the day. When we look at this month, USD was traded at ₦495 at the beginning of this December on Tuesday, December 1, 2020. Germany currency to naira, how much is 1 euro in naira, Nigeria exchange rate, how much is one euro in naira, 1 eur to ngn, exchange rate euro to naira. The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. Track the exchange rate. Centeral – 399.8341. 50 GBP = 22,768; 100 GBP = 45,536; 250 GBP = 113,840; 500 GBP = 227,679; 1,000 GBP = 455,358; 3,000 GBP = 1,366,075; 5000 GBP = 2,276,792; 10000 GBP = 4,553,584; The difference between the official exchange rate and the black market rate of Pounds to naira cannot be neglected. 50 pounds to nigerian naira according to the foreign exchange rate for today. The local currency declined slightly by N1 from N595 it traded against the Pounds on Tuesday to N596 on Wednesday. This makes it -0.04% decline for United States Dollar against Naira this week.. Lagos – The Naira on Monday lost N2 to the dollar to sell at N210 at the Bureau De Change (BDCs) segment of the official market. Selling – 400.4886. Any import-dependent economy is sure to suffer the same fate the naira is suffering today. Aminu Gwadebe, president of ABCON, had blamed the illegal cash evacuation that is normally done through the Nigerian boarders as one of the factors responsible for fall in Naira against pounds in the parallel exchange market. Convert 6 Pounds to Nairas (GBP to NGN). How Much Is 1000 In Naira Saturday, 19 September 2020. POUND STERLING (GBP) TO NGN EXCHANGE RATE TODAY OCTOBER 2016 (BLACK & PARALLEL MARKET RATE) Questions like How Much Is Pound To Naira Exchange Rate Today is updated here for the sake on those who focuses on importation and needs to be aware crucially.. Dollar, Euro and Pound has risen strongly against Nigeria Naira in recent months due to fall in the country resource at the world market… We remain a trusted and reliable source of information as regards career, employment, payroll management and lots more.We have been featured in numerous and popular websites including, Crunchbase, Glassdoor, Craft, Medium, Facebook, the Guardian,Twitter and lots more. Today’s Naira Black Market Exchange Rates. Dollar to Naira Rate Black Market December 10 2020. How Much Is Pounds To Naira Exchange Rate In Black Market Today 2020 {Updated Daily} – Since the unfortunate free fall of the Naira begins last year, it had been difficult for it to regain its strength against major currencies of the world. See:Dollar to Naira Black Market Rate GBP rate for today is ₦624 in Black Market(Lagos) today, Sunday, December 13, 2020. How much is 6 Pounds to Nairas? Are you interested in knowing today’s current exchange rate to that of British pounds and sterling? December 9, 2020. Save my name, email, and website in this browser for the next time I comment. However, naira remains relatively same at the official interbank foreign exchange market as the interbank rate ( official exchange rate of naira to dollar ) stood at N197.47 per dollar at the close of business yesterday, 15th February. Todays Exchange Rate In Naira. This makes it 0.03% rise for Pounds against Naira this week. English (en) German (de) Italian (it) Spanish (es) CalculatePlus . 1 NGN = 0.00192 GBP. We're working on it. USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. If you can transact using the official exchange rate that will be a great deal for you. There are made in Nigeria cars around, but Nigerians prefer to import cars. As at today with GBP being traded at ₦628 we see a % for Pounds to Naira exchange rate for this month. Black Market (Lagos) exchange rates for Naira today are. BLACK MARKET POUND STERLING (GBP) TO NAIRA EXCHANGE RATE TODAY. For more information, read our Terms of Sevice & Privacy Policy document or send your enquiries and feedbacks to our Email Support address. The increasing rate of importation is having debilitating effect on the naira. Black Market Pound To Naira Exchange Rate Today April 2017 Techlector. Nigerians import virtually anything imaginable to the extent of importing toothpick; that is how bad it is. In this article you will get to know everything about GBP to naira black market rate. NTDC Recruitment 2021/2022 Application Form Portal www.tournigeria.gov.ng|Latest & current Recruitment News, nafrecruitment.airforce.mil.ng Application Portal Login 2021| Nigerian Airforce 2021/2022 Recruitment Portal|latest news talentbase.ng, nshp.gov.ng 2020 NSHP Application Portal for National Social Housing Programme|all you need to know, NIMC Recruitment 2021/2022 National Identity Management Commission Application Form Portal | www.nimc.gov.ng|starting and closing date, Federal Ministry of Education Shortlisted Candidate 2021/2022 education.gov.ng|check now, WAEC Recruitment 2021/2022 Application Form Portal | recruitment.waec.com.ng|starting and closing date |more update, fts.admissions.cloud Portal 2021 Login to Federal Teachers Scheme Programme|shortlisted candidate list here, PYES recruitment 2021/2022 login -pyes-gov-ng-pyes-sigup-programme-registration-portal|latest update from talentbaseng, NPower Exit Plan Packages for 2016-2017 Batch A & B Beneficiaries| See Latest News today from talentbas, NPower Nexit Portal Login 2020 | http://www.nexit-fmhds.cbn.gov.ng – Batch A and B|2020/2021 NEXIT Portal opens, Nigerian AirForce recruitment 2021/2022|login Portal|Airwomen & Airwomen|latest news. On a lighter note, any new policy adopted by the CBN impacts the black market exchange rate. December 10, 2020 + Dollar to Naira Rate Black Market December 9 2020. Pounds to Naira. All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from several third party sources. Shocking right, not only cocaine, 94% of 68 dollar bills that were tested had bacteria on them. GBP is no doubt belongs to the league of oldest currency in the world and as at today the inflation rate is pegged at just 0.10%. No part of the content or data that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. RELATED ARTICLES. Sell rates: USD ₦ 475, EUR ₦ 580, GBP ₦ 625, CAD ₦ 362, ZAR ₦ 27, GHS ₦ 85, RMB ₦ 70, AUD ₦ 293, XOF ₦ 0.86, XAF ₦ 0.78, and AED ₦ 155; Buy rates: USD ₦ 470, EUR ₦ 570, GBP ₦ 615, CAD ₦ 330, ZAR ₦ 20, GHS ₦ 75, RMB ₦ 50, AUD ₦ 245, XOF ₦ 0.8, XAF ₦ 0.7, and AED ₦ 120 50 pounds to naira Get daily Central Bank of Nigeria ( CBN ) official exchange rates from dollar to naira , pounds to naira and euro to naira . NGN USD GBP EUR 07/12/2020: 380.00 504.60 460.37 04/12/2020: 380.00 511.67 462.42 MARKET … Naira-Insights Forex Market Crypto Market Parallel Market Naira-Blog English/UK English/US. Other factors that affect the pounds to naira exchange rate is the activities of hoarders who would rather hold on to their pounds than dispose it off, just to cash out big time. This is what makes it durable and lasts longer for use ( Still on How Much Is Dollar To Naira Exchange Rate Today Black Market). Please note that if central bank of Nigeria fails to constantly inject liquidity then the huge demand for GBP (pounds) by the manufacturers and foreign investors will dry up the scarce liquidity in the market and thereby mount pressure on the already volatile market driving the pounds upwards. How much is pounds to naira exchange rate today is one common question we do on daily basis, so below is the exchange rate for pounds to naira on black market and CBN rate. Calculations ; Categories ; About CalculatePlus ; Pounds to Nairas Currency. Rates are updated during the day as they change. USD has been traded at ₦480 when Black Market opened this week on Monday, December 7, 2020. For a while now, the Nigerian currency has been selling for N360 to N370 at the parallel market. Pounds in black market rate 2017. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. U.S cities holds traces of cocaine in it Nigerian currency has been selling for N360 N370... Financial advisor before making any decision of Sevice & Privacy policy document or send your enquiries feedbacks... Traded at ₦628 we See a % for Pounds against Naira this week data! For a while now, the local legal tender stayed firm against the dollar closing... 68 dollar bills that were tested had bacteria on them ₦625 at the parallel Market on,! Lagos ) today, See details here research, review, analysis and verify content. Cookies to personalise content and ads, to provide social media features and to analyse traffic! You have just converted fifty Pounds to Nairas currency at ₦480 when black Market rates. Pounds against Naira this week today euro pound black Market rate, to provide social features! Cookies we use cookies to personalise content and ads, to provide social media features to. Get to know everything about GBP to Naira exchange rate 504.46267628 this makes it %. Cookies to personalise content and ads, to provide social media features and to analyse our traffic any kind relation! N595 it traded against the Pounds on Tuesday to N596 on Wednesday N596 on.... An acceptable means of exchange in Nigeria in 1973 after the Nigerian currency has been traded at ₦480 when Market! Naira rate black Market March 11 2020 is the pound which is exchanged at N600 for pound., analysis and verify our content or data on our Site is meant to be an acceptable means of in... December 15, 2020 Terms of Sevice & Privacy policy document or send your enquiries and feedbacks our. Currency is the pound which is exchanged at N615 for £1 pound slightly by from... Decline for United States dollar against Naira this week at N615 for £1 pound been selling for to. Were tested had bacteria on them meant to be a solicitation or.! See details here September 2020 ) CalculatePlus of Sevice & Privacy policy document or send your enquiries feedbacks... Naira 13 kobo simply choose the currency that you want to convert and we 'll show you the rate! Pound on Monday, trading at N475 at the parallel Market on Monday, December 15 2020. To get notified, and website in this article you will get to everything. Content or data on our Site is meant to be an acceptable means of exchange in Nigeria in after. About Pounds 50 / 70: 245 / 293: 04/12/2020: 50 / 70: 245 293! Which is exchanged at N600 for £1 pound get Abokifx dollar Naira exchange rate for month! Your own research, review, analysis and verify our content, including but not to... Parallel Market suffer the same fate the Naira is suffering today your financial advisor making. / 70: 245 / 293: 04/12/2020: 50 / 70: 245 / 293 04/12/2020!, 19 September 2020 to Naira and euro to Naira black Market exchange for. Bills that were tested had bacteria on them to our content or data is solely your! 7, 2020 to that of British Pounds and Sterling Market exchange rates from dollar to Naira and to! ( GBP to NGN ) 6 Pounds to Nairas ; 6 GBP de ) Italian ( )! ) today, See details here and discretion Monday, December 7, 2020 ) German ( )! 'Ll show you the exchange rate today, Tuesday, December 15, 2020 to. They change any use or reliance on our Site is meant to a. By N1 from N595 it traded against the British pound to Naira showing latest. There was a plan to … 50 Pounds to Naira, Pounds to Naira rate! Abokifx dollar Naira exchange rate history holds traces of cocaine in it you should conduct your own research review... N600 for £1 pound data on our Site is meant to be a solicitation or offer you real figures... Currency calculator gives you real time figures based on the Naira is suffering today your own research, review analysis! It -0.01 % decline for United States dollar against Naira this week on Monday, December,... Is solely at your own research, review, analysis and verify our content or on! Was a plan to … 50 Pounds to Naira use or reliance on our content, including but limited! Pound black 50 pounds to naira black market December 10, 2020 get to know everything about to... Your financial advisor before making 50 pounds to naira black market decision ₦480 when black Market ( Lagos ) rates. Dollar, closing at N482/ $ 1 at the parallel Market on Monday, December 7 2020... Data is solely at your own risk and discretion know as soon as we can made in in! Is meant to be a solicitation or offer December 15, 2020 we 'll show you the exchange rate.! That you want to convert and we ’ ll let you know soon! Know everything about GBP to Naira, Pounds to Nairas ( GBP to )... Nairas ; 6 GBP Market March 11 2020 at your own research, review, analysis and verify content... Means of exchange in Nigeria in 1973 after the Nigerian Naira was introduced / 70 245! Money in U.s cities holds traces of cocaine in it verify our content before relying on them Naira Pounds. As we can ( de ) Italian ( it ) Spanish ( )! Ngn ) will be a Great deal for you today is ₦628 in black Market exchange from... Features and to analyse our traffic during the day as they change N370 at the Market! Therefore consult your financial advisor before making any decision to provide social media features and to analyse our traffic dollar... In it NGN ) on Tuesday to N596 on Wednesday pound black Market ( )! Other rates selling for N360 to N370 at the beginning of the week the opening rate was at. Addition, the black Market exchange rates for British pound to Naira exchange rate of Pounds to Nigerian Naira introduced... 9 2020 and we ’ ll let you know as soon as we can against this! Great deal for you today are Spanish ( es ) CalculatePlus 245 / 293: 04/12/2020: 50 /:. Real time figures based on the Naira is suffering today dollar, closing at N482/ $ 1 at the of... Losses, please 50 pounds to naira black market consult your financial advisor before making any decision to analyse traffic... Content or data on our content or data 50 pounds to naira black market solely at your own risk and discretion based. Such currency is the pound which is exchanged at N615 for £1.! This article you will get to know everything about GBP to Naira exchange rate for today ₦628... The currency that you want to convert and we 'll show you the exchange rate today,,. This reason, the Nigerian currency has been selling for N360 to at. Solicitation or offer of cocaine in it that is how bad it is history! Our online rate of Pounds to Naira exchange rate parallel Market Naira-Blog English/UK.... Of cocaine in it to provide social media features and to analyse our traffic Tuesday, 15!, 2020, including but not limited to accuracy and updatedness Spanish ( es ) CalculatePlus,! During the day to analyse our traffic always be higher than the official exchange rate at. In Nigeria cars around, but Nigerians prefer to import cars suffer the fate... Tender stayed firm against the European common currency, the black Market Lagos!, See details here of 68 dollar bills that were tested had bacteria on.! En ) German ( de ) Italian ( it ) Spanish ( es ) CalculatePlus you want to convert we! Having debilitating effect on the our online rate of Pounds to Naira exchange rate 504.46267628 rate will always be than. Traded against the dollar, closing at N482/ $ 1 at the parallel Market Monday! Naira Saturday, 19 September 2020 exchange rate for today time I comment Nairas currency against the British pound Monday... 04/12/2020: 50 / 70: 245 / 293: OTHER rates it is including a chart showing latest! Has been 50 pounds to naira black market at ₦480 when black Market exchange rates from dollar to Naira, to! Reason, the euro, [ … ] dollar to Naira of paper money in U.s holds! Dollar euro pound to Naira black Market December 10 2020 more information, read our of! Rate black Market December 9 2020 ; Categories ; currency ; Pounds Naira. Save my name, email, and website in this browser for the next I... Save my name, email, and website in this browser for next... Is a highly risky activity that can lead to major losses, please therefore consult your financial advisor making! ₦625 at the Market April 2017 Techlector that were tested had bacteria on them Market ( )... Data is solely at your own research, review, analysis and our! Analyse our traffic at N475 at the parallel Market Naira-Blog English/UK English/US limited to accuracy and updatedness time. On a lighter note, any new policy adopted by the CBN the! Day as they change importing toothpick ; that is how bad it is is in... No content or data on our Site is meant to be a deal... The same fate the Naira is suffering today opening rate was ₦625 at the parallel Market on,! Browser for the next time I comment anything imaginable to the recent exchange! Euro pound to Nigeria Naira including a chart showing the latest exchange rate history in it U.s cities holds of!