Today, the Naira Black Market exchange rate for 1 Great British Pounds (GBP) is 2240 Naira. This means that you can get 2240 Naira for every 1 Pound that you exchange. The Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government.
What Factors Affect the Pounds to Naira Black Market Exchange Rate?
There are a number of factors that can affect the Pound Black Market Exchange rate, including:
Supply and demand for the Pounds
The political and economic situation in UK and Nigeria
The value of the US dollar
