Pounds to Naira black market exchange rate for today December 5, 2024

Pounds to Naira rate at the official and black market exchange rate Today, Thursday, December 5, 2024.

Buy (GBP to NGN): 1 GBP = 2180 NGN

Sell (GBP to NGN): 1 GBP = 2200 NGN

The British Pound has maintained its position against the Nigerian Naira, with a buying rate of 2180 NGN for every 1 GBP, while the selling rate is 2200 NGN for 1 GBP.

This exchange rate information provides valuable insights for individuals and businesses involved in international transactions between the United Kingdom and Nigeria.

How much is the dollar exchange rate to Naira in the Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.

Dollar to Naira exchange rate: Dollar to Naira Black Market Rate Today December 5 2024

The local currency opened at N1715 per $1 at the parallel market otherwise known as the black market today, in Lagos Nigeria.

Even though the dollar to naira opened in the parallel market at N1715 per $1 today, IDOMA VOICE reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market.

The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.