Pound to Naira Black Market rate: Here is the current GBP to Naira rate today. See CBN & black market exchange rate for pound to naira Aboki fx. You change your GBP to naira at these rates or convert the Pound to naira at the latest black market rate or parallel market.
So many Nigerians prefer to exchange their foreign currencies, especially the Great British Pound to naira using the black market because the exchange rate is very high compared to what the bank offers.
If you want to know the current black market rate, here is the page to find that.
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Pound to Naira Black Market rate Is ₦770
Aboki fx Pound to naira exchange rate has also been added here so you can easily verify each of the rates for the currencies you want to exchange in the parallel markets.
Aboki fx is the most trusted source for black market GBP to naira rate today. You can find their exchange rate for today here.
Pound to Naira Black Market Rate Today
| Euro to Naira (GBP to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 770 |
| Selling Rate | 775 |
What is the current GBP to the naira exchange rate in the parallel market? Well, it may interest you to know that GBP to Naira rate in the black market sometimes varies hugely from the rate on the Central Bank of Nigeria website (www.cbn.gov.ng).
The price listed above is the current Pound to Naira exchange rate. We will always update the latest rate on a daily basis to keep you informed.
The Pound to Naira Exchange Rate is the current exchange equivalent of the Pound. Rate varies for various banks and parallel markets.
How Much is Pound to Naira Official Exchange Rate Today
The parallel exchange rate (black market) exchange rate is always different from the CBN rate. Currently, Naira is trading at 773 Naira Per Pound. The Nigerian Economy is drastically affected by the Pound to Naira exchange rate.
As Naira is falling, inflation takes over the economy which usually affects the citizens. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it.
The black market commonly referred to as the Aboki market rate for Pounds is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN).
The CBN Exchange rate is the rate you can buy or sell Pounds for naira listed on CBN Pound to naira website cbn.gov.ng.
Pound to Naira bank rate is the rate you use when purchasing something from foreign websites using your Naira Mastercard or Debit card from Nigerian Banks. These rates normally would always be lower than what is obtainable in the black market.
FAQ On Pound To Naira Black Market
Here are some frequently asked questions on Pound to Naira Black Market Exchange Rate Today.
How much is 1 pound to a Naira?
Exchange Rate of €1 Euro = ₦560.8 Naira (Official – CBN rate)
How much is 100 pounds in Nigeria money?
The table below shows the official/CBN rate of the Great British Pound to Naira.
| Conversion rates Pound / Nigerian Naira | |
|---|---|
| 10 GBP | 5608 NGN |
| 20 GBP | 11216 NGN |
| 50 GBP | 28040 NGN |
| 100 GBP | 56080 NGN |
What is the symbol of British currency?
£ is the Pound/Symbol.
Although we have highlighted some frequently asked questions above, if you still have any questions on Pound to Naira Black Market Exchange Rate Today, don’t hesitate to comment below and we would do well to answer them.
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