Pounds To Naira Black Market Exchange Rate Today, Sunday, 8 May 2022

According to the data obtained from the CBN website, the exchange rate between the Nigerian naira and the British Pounds opened at ₦520.8506/£1 on Sunday 8th May 2022, after it sold at ₦522.1066 to a £1 on Saturday, 7th May 2022.

How much is exchange rate of Pounds to Naira in Black Market today?

The exchange rate for a pound to naira at Lagos Parallel Market (Black Market) – Pounds exchanged for as low as ₦760 and as high as ₦770/₦775 on Sunday morning, May 8, 2022, according to sources at Bureau De Change (BDC).

Meanwhile, BDC players buy Pounds Sterling at the rate of ₦750/₦755 and sell to investors/ buyers at the rate of  ₦760/₦770.