What is Pounds to Naira Black Market Current Exchange Rate?
How Much Is Pounds To Naira Black Market Rate Today (March 17, 2024)?
| Pounds To Naira | Black Market Rate Today |
|---|---|
| Buying Rate | ₦2000 |
| Selling Rate | ₦2030 |
Are you wondering about the Pounds to Naira exchange rate at the black market, also known as the parallel market (Aboki FX)? Here's the black market Pounds to Naira exchange rate for 8th March 2024:
The exchange rate for a Pound to Naira at the Lagos Parallel Market (Black Market) indicates that players buy a pound for N2000 and sell at N2030 on Wednesday, 8th March 2024, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Conclusion:
It's important to stay informed about the current exchange rates, as they can fluctuate frequently. Keep in mind that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Additionally, if you're interested in the local economy, here's a brief overview of the top rice-producing states in Nigeria and their impact on price: