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Pounds to Naira black market today 12 October 2021

Enudi Golden by Enudi Golden
January 11, 2024
in business, Headline, World News
Reading Time: 2 mins read
Pounds To Naira Exchange Rate/Black Market Rate Today 25 March 2022
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Pounds to Naira black market today 12 October 2021

Pounds to Naira black market today 12 October 2021 . On this page, we will track and report the daily pounds to naira black market exchange rate.

Pounds to Naira black market today 12 October 2021

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As of the time of writing this report, the official pounds to naira CBN rate is 562.4673. That means, 1000 pounds to naira as per pounds to naira official rate is N562,467.

Pounds to Naira as at today

Pounds to naira aboki rate

The pounds to naira black market rate is higher than the official CBN rate. pounds to naira aboki rate today is higher_than the official CBN rate. Remember, the Abokis are the Mallams who are into foreign change in many places in Lagos and in other states.

Official Pounds to Naira Rate Calculation

  • 1 pound to naira ⇒.£1 X N562 = ₦562
  • 4million pounds to naira ⇒.£4,000000 X ₦562 = ₦2,248,000,000
  • 1000 pounds to naira ⇒ £1000 X ₦562 = ₦562,000
  • 100 pounds to naira ⇒ £100 X ₦562 = ₦56,200
  • 20 pounds to naira ⇒ £20 X ₦562 = ₦11,240
  • 500 pounds to Nigerian naira ⇒ £500 X ₦562 = ₦281,000
  • 200 pounds to naira is how much? ⇒ £200 X ₦562 = ₦112,400
  • 300 pounds to naira is how much? ⇒ £300 X ₦562 = ₦168,600
  • 600 pounds to naira is how much? ⇒ £600 X ₦562 = ₦337,200
  • 3000 pounds to naira is how much? ⇒ £3000 X ₦562 = ₦1,686,000
  • 15000 pounds to naira is how much ⇒ £1500 X ₦562 = ₦834,000

Pounds to Naira black market rate

GoldenNewsNg  gathered that the naira exchanged to the dollar 580 , while the Pound Sterling traded for 780 at the parallel market/ Black Market.

Some Bureau de Change operators who spoke to Economicconfidential correspondent said that the naira to the dollar was bought and sold at 575 and 580, while the Pound Sterling was bought  775 and sold  780.

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