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How much is one pound worth in naira on the black market today?

Jacklin DeborahNov 18, 2023 · 2 years ago3 answers

Can you tell me the current exchange rate between the British pound and the Nigerian naira on the black market today? I'm interested in knowing how much one pound is worth in naira. I've heard that the black market rate can be different from the official exchange rate, so I want to get an idea of the current value.

3 answers

  • Smith SinclairApr 19, 2025 · 4 months ago
    The current exchange rate between the British pound and the Nigerian naira on the black market today is around 600 naira to one pound. However, please note that the black market rates can fluctuate and may vary depending on the location and availability of foreign currency. It's always a good idea to check with local money changers or online platforms for the most up-to-date rates.
  • pavan thatipamulaDec 17, 2022 · 3 years ago
    As of today, one pound is worth approximately 600 naira on the black market. Keep in mind that the black market exchange rate is not officially recognized and can vary from place to place. It's important to be cautious when dealing with black market currency exchanges and to ensure that you are getting a fair rate.
  • Lurian OrsinaMar 11, 2023 · 2 years ago
    According to BYDFi, a popular cryptocurrency exchange, the current exchange rate between the British pound and the Nigerian naira on the black market is around 600 naira per pound. However, please note that the black market rates are not regulated and can be subject to fluctuations. It's advisable to consult multiple sources and exercise caution when engaging in black market currency transactions.

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