Pound to Naira Exchange Rate (GBP/NGN) Dec. 16, 2022, from an unofficial market (black market) can be accessed below.
TheTimes 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.
READ ALSO: Dollar to Naira Exchange Rate (USD/NGN) Dec. 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 ₦820 per £1 at the parallel market otherwise known as the black market, today Friday, 16 December 2022, in Lagos Nigeria, after it closed at ₦820.00 on Thursday, 15 December 2022.
I want to sell pounds and I want to buy pounds: I want to change naira to pounds how much is it?
TheTimes Nigeria reports that in the black market, the players buy pounds for ₦815 and sell for ₦820 on Friday 16 December 2022, after they purchased ₦800 and sold for ₦805 on Thursday, 15 December 2022.
Meanwhile, TheTimes reports that pounds started this week at ₦800 in the parallel market also known as the black market on Monday, December 2022. compared to last week Monday, November 28, 2022, when it opened at ₦940.