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. 1 NGN = 0.00192 GBP. What is the exchange rate of pounds to naira? Naira-Insights Forex Market Crypto Market Parallel Market Naira-Blog English/UK English/US. Pound to Naira Exchange Rate Stood at N550 on Saturday. Dollar to Naira. 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. When we look at this month, GBP was traded at ₦ at the beginning of this December on Tuesday, December 1, 2020. GBP rate for today is ₦628 in Black Market(Lagos) today, Tuesday, December 15, 2020. 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. Pounds To Naira Exchange Rate Today & Black Market; Western Union Rates In Nigeria; Dollar To Naira Exchange Rate Today & Black Market As at today with GBP being traded at ₦628 we see a % for Pounds to Naira exchange rate for this month. 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NGN USD GBP EUR 07/12/2020: 380.00 504.60 460.37 04/12/2020: 380.00 511.67 462.42 MARKET … In addition, the local legal tender stayed firm against the British Pound on Monday, trading at N475 at the market. Amount. Euros to Naira. The increasing rate of importation is having debilitating effect on the naira. This makes it -0.01% decline for Pounds against Naira this week. We can't send money between these currencies. 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. For a while now, the Nigerian currency has been selling for N360 to N370 at the parallel market. The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. 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. +> with much ♥ by CalculatePlus. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services OK Any import-dependent economy is sure to suffer the same fate the naira is suffering today. 1 GBP = 540 NGN. In this article you will get to know everything about GBP to naira black market rate. 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. Mid-market exchange rate at 10:41 UTC. Are you interested in knowing today’s current exchange rate to that of British pounds and sterling? This is what makes it durable and lasts longer for use ( Still on How Much Is Dollar To Naira Exchange Rate Today Black Market). 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 How much is 6 Pounds to Nairas? Sign in; Change language . The Naira slid against the pound to a record low of N550 due to the drop in liquidity supply by the Central Bank of Nigeria to the foreign exchange market. Also, the Naira closed yesterday at N425 to a Euro, a similar amount it was sold for last Friday at the black market. Info about Pounds 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 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. Any use or reliance on our content or data is solely at your own risk and discretion. One such currency is the pound which is exchanged at N615 for £1 pound. 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. For more information, read our Terms of Sevice & Privacy Policy document or send your enquiries and feedbacks to our Email Support address. Track the exchange rate. Sign up to get notified, and we’ll let you know as soon as we can. Get notified when we launch. GBP at the beginning of the week the opening rate was ₦625 at the parallel market on Monday, December 14, 2020. For this reason, the black market rate will always be higher than the official exchange rate. 50 / 70: 245 / 293: 04/12/2020: 50 / 70: 245 / 293: OTHER RATES. Pound to Naira exchange rate stood at N550 on the black market on Saturday, according to the Investors King’s daily naira exchange rate. No content or data on our Site is meant to be a solicitation or offer. 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. Online Currency Convertor Services. 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. 50 pounds to nigerian naira according to the foreign exchange rate for today. Pounds in black market rate 2017. Pounds in the CBN Rate Buying – 399.1796. 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. Buying – 465 Selling – 470. Currency trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. This makes it 0.03% rise for Pounds against Naira this week. Toggle navigation Calculate C Plus. 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. See:Dollar to Naira Black Market Rate GBP rate for today is ₦624 in Black Market(Lagos) today, Sunday, December 13, 2020. English (en) German (de) Italian (it) Spanish (es) CalculatePlus . Get live exchange rates for British Pound to Nigeria Naira including a chart showing the latest exchange rate history. Dollar to Naira Rate Black Market December 10 2020. You should conduct your own research, review, analysis and verify our content before relying on them. These are the prevalent rates for Lagos. 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. For fifty pounds you get today 25,223 naira 13 kobo. On a lighter note, any new policy adopted by the CBN impacts the black market exchange rate. on October 23, 2020 October 23, 2020 October 23, 2020 October 23, 2020 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). 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. The crave for imported goods means Nigerians have to demand more for foreign currencies, like the pound starlings. You have just converted fifty pounds to nigerian naira according to the recent foreign exchange rate 504.46267628. Much is 1000 in Naira Saturday, 19 September 2020 no content or data is solely at your risk. 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