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Black Market Pounds To Naira Exchange Rate 5th October 2022

Enudi Golden by Enudi Golden
January 11, 2024
in business, Featured, Headline
Reading Time: 2 mins read
Black Market Pounds To Naira Exchange Rate 5th October 2022
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Black market pounds to naira exchange rate today 5th October 2022 can be accessed below.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of pounds available and the Demands. What it means is that…you can buy or sell 1 pounds at ₦865 and the price can change (high or low) within hours.

GoldenNewsNg 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 which is operated by the Burea De Change (BDC) operators.

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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 black market rate.

How much is pounds to naira today in black market? (pounds to naira black market today)

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.

GoldenNewsNg reports that the local currency opened at ₦865 per £1 at the parallel market otherwise known as the black market, today, Wednesday, 5 October 2022, in Lagos Nigeria, after it closed at ₦875.00 on Tuesday, 4 October 2022.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.

I want to sell pounds and I want to buy pounds: I want to change naira to pounds how much is it?

GoldenNewsNg reports that in the black market, the players buy pounds for ₦855 and sell for ₦865 on Wednesday, 5 October 2022, after they bought ₦858 and sold for ₦872 on Tuesday, 4 October 2022.

Meanwhile, GoldenNewsNg reports that pounds started this week at ₦872 in the parallel market also known as the black market on Monday, October 3, 2022. compared to last week Monday, September 26, 2022, when it opened at ₦865.

Disclaimer: GoldenNewsNg does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

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