14400 GBP = 7,284,528.00 NGN. 89 GBP = 45,022.43 NGN. It is clear to all that there must be something more inherently wrong with the naira, hence its refusal to wake up from its slumber. Public fund looters should start having a rethink and stop their unbecoming ways of life. How Much Is Pounds To Naira Exchange Rate In Black Market Today 2020 {Updated Daily} – Since the unfortunate free fall of the Naira begins last year, it had been difficult for it to regain its strength against major currencies of the world. 490 GBP = 247,876.30 NGN. 360 GBP = 182,113.20 NGN. The figures below show the Black market Pounds to Naira exchange rate today (July 2018). 220 GBP = 111,291.40 NGN. Nigeria has more than 170 million people, which means we are big enough to grow our own foods. The law of demand kicks in and leads to a situation whereby more money is needed to buy the pounds, leading to the fall in value of the naira. 6800 GBP = 3,439,916.00 NGN. Pound to Naira forecast for February 2021. Facts about The British Pounds. Any import-dependent economy is sure to suffer the same fate the naira is suffering today. It is clear to all that there must be something more inherently wrong with the naira… 11300 GBP = 5,716,331.00 NGN. 4900 GBP = 2,478,763.00 NGN. Convert 1 Nigerian Naira to British Pound. In 2 weeks GBP to NGN forecast on Tuesday, December, 29: exchange rate 499 Nairas, maximum 506, minimum 492. Government policies too have not been helpful in the least and they have been contributing negatively to the issue on ground. In 3 weeks Naira to Pound forecast on Tuesday, January, 5: exchange rate 2.008 Pounds, maximum 2.037, minimum 1.980. Today’s Naira Black Market Exchange Rates. 6200 GBP = 3,136,394.00 NGN. 57 GBP = 28,834.59 NGN. For fifty pounds you get today 25,223 naira 13 kobo. Pound to Naira forecast on Monday, January, 11: exchange rate 498 Nairas, maximum 505, minimum 491. It is high time Nigerians go into full scale farming. Maximum 514, minimum 483. The foreign currencies do have more value and more security, since there is good chance it will increase in value, thereby making them richer. GBP to NGN forecast on Thursday, December, 17: exchange rate 498 Nairas, maximum 505, minimum 491. 7500 GBP = 3,794,025.00 NGN. It means there must be something the federal government is missing, hence its inability to steer the nation’s currency back to the path of the good old days. At a point in time, the federal government banned importation of certain items with the hope that this will reduce the demand for foreign currencies like pound sterling. It looked like it was back on its path to recovery. 2000 GBP = 1,011,740.00 NGN2100 GBP = 1,062,327.00 NGN. 330 GBP = 166,937.10 NGN. 930 GBP = 470,459.10 NGN. 14900 GBP = 7,537,463.00 NGN. Imagine if the money had been invested into Nigeria economy how the economy would have been boosted. 830 GBP = 419,872.10 NGN. You will agree that this is a real huge gap. Such countries include Lebanon, Syria, Egypt, Sudan. Maximum 2.070, minimum 1.946. The forecast is updated on daily basis. In the beginning at 2.041 Pounds. Maximum 2.062, minimum 1.953. One such currency is the pound which is exchanged at N650 for £1 pound. Canadian Dollar To Naira Forecast 2020, 2021-2024. 9000 GBP = 4,552,830.00 NGN9100 GBP = 4,603,417.00 NGN. 440 GBP = 222,582.80 NGN. 850 GBP = 429,989.50 NGN. 14600 GBP = 7,385,702.00 NGN. 530 GBP = 268,111.10 NGN. 16 GBP = 8,093.92 NGN. 1600 GBP = 809,392.00 NGN. 270 GBP = 136,584.90 NGN. The POUNDS TO Naira Exchange Rate Today Black Market is as follows: Buy at £1=N474. 13700 GBP = 6,930,419.00 NGN. In 1 week Naira to Pound forecast on Tuesday, December, 22: exchange rate 2.020 Pounds, maximum 2.049, minimum 1.992. Pounds was also once the official currency in Nigeria between 1958 to 1973 when it was replaced by the Naira. The naira had been experiencing a free fall for some months now and there seem to be no stopping it. 1500 GBP = 758,805.00 NGN. In 4 weeks NGN to GBP forecast on Tuesday, January, 12: exchange rate 1.988 Pounds, maximum 2.020, minimum 1.957. 6400 GBP = 3,237,568.00 NGN. Maximum 512, minimum 485. Nigerians import virtually anything imaginable to the extent of importing toothpick; that is how bad it is. Get live exchange rates for British Pound to Nigeria Naira including a chart showing the latest exchange rate history. 48 GBP = 24,281.76 NGN. How much is pounds to naira exchange rate today is one common question we do on daily basis, so below is the exchange rate for pounds to naira on black market and CBN rate. Fall in value of the crude oil equally led to the fall in the GDP, hence a reduced value of the naira, since more naira now chases less foreign exchange. GBP to NGN forecast at the end of the month 505, the change for March 0.4%. 3 GBP = 1,517.61 NGN. 740 GBP = 374,343.80 NGN. In the beginning at 501 Nairas. It however started its reduction in value since the moment Iran decided to enter into the crude oil exportation. 960 GBP = 485,635.20 NGN. 58 GBP = 29,340.46 NGN. 4200 GBP = 2,124,654.00 NGN. 230 GBP = 116,350.10 NGN. Pound to Naira Exchange Rates Pound to Naira exchange rate is ₦ 620.00 in Black Market, ₦ 510.61 in CBN, ₦ 630.00 in BDC, ₦ 512.66 in Moneygram, ₦ 498.72 in Western Union, ₦ 505.24 in FX Market, and ₦ 529.00 in Ecobank Pound to Naira rate recently moves upwards 0.67% in CBN, 0.51% in Moneygram, 0.50% in Western Union 95 GBP = 48,057.65 NGN. 1 GBP = 502.56905 NGN. 24 GBP = 12,140.88 NGN. In 1 week Pound to Naira forecast on Tuesday, December, 22: exchange rate 495 Nairas, maximum 502, minimum 488. 73 GBP = 36,928.51 NGN. ll 【£1 = ₦503.23】 British pound to Nigerian naira rate today. The averaged exchange rate 2.019. 870 GBP = 440,106.90 NGN. 63 GBP = 31,869.81 NGN. 120 GBP = 60,704.40 NGN. The national assembly imported vehicles the other day amounting to approximately 29,000 pounds. Converted to. 2700 GBP = 1,365,849.00 NGN. The change for today +5.88 Nairas, +1.18%. With the reasons for the present state of the Naira being given above, moving on to the Black market Pounds to Naira Exchange rate today would be appropriate. Pounds to Naira exchange rate today September 2017. 1300 GBP = 657,631.00 NGN. The government too should provide assistance to Nigerians who are interested in going into agriculture. Naira to Pound forecast on Wednesday, December, 16: exchange rate 1.992 Pounds, maximum 2.024, minimum 1.961. 14800 GBP = 7,486,876.00 NGN. 60 GBP = 30,352.20 NGN61 GBP = 30,858.07 NGN. Kindly check back for more updates on the Naira. 420 GBP = 212,465.40 NGN. NGN to GBP forecast at the end of the month 1.980, the change for March -0.4%. 1200 GBP = 607,044.00 NGN. Send money. Related. 99 GBP = 50,081.13 NGN. Rates are based on real time exchange rates. The averaged exchange rate 498. NGN to GBP forecast on Wednesday, December, 23: exchange rate 2.024 Pounds, maximum 2.053, minimum 1.996. This post gives you a better insight into the CBN exchange rate in Nigeria today, covering all major foreign currencies like Dollar, Euro, Pounds Sterling, and more.Knowing the exchange rates of these foreign currencies to the Nigerian Naira is crucial to many businesses found in the country. They see Nigeria’s resources as a National Cake that must be shared. In the beginning at 503 Nairas. 12900 GBP = 6,525,723.00 NGN. However, recent news filtering through had it that the naira is pummeling again against the major global currencies, like the pound sterling in recent days. Some have even predicted that it may fall so low to the extent that 1 pound starling will have same value as 1000 naira. The averaged exchange rate 505. 5600 GBP = 2,832,872.00 NGN. Pound to Naira forecast on Wednesday, January, 13: exchange rate 503 Nairas, maximum 511, minimum 495. 84 GBP = 42,493.08 NGN. NGN to GBP forecast on Monday, December, 21: exchange rate 2.020 Pounds, maximum 2.049, minimum 1.992. N406/GBP More on pound sterling : In the exchange market, the pound is regarded as the 4th most traded currency, it comes behind the U.S Dollar,Euro and Yen which … 87 GBP = 44,010.69 NGN. Today's range: 498.00-506.06. 11500 GBP = 5,817,505.00 NGN. 72 GBP = 36,422.64 NGN. 79 GBP = 39,963.73 NGN. Dollar To Naira Forecast 2020, 2021-2024. 14300 GBP = 7,233,941.00 NGN. These and many more are the factors militating against the naira and causing its perpetual fall in value. 350 GBP = 177,054.50 NGN. Track the exchange rate. 14200 GBP = 7,183,354.00 NGN. Pound to Naira transfer rate is ₦1.2871 in Moneygram today, December 11, 2020.Sterling has been transferred to Nigeria through Moneygram at rate ₦512.66 when this week started on Monday, December 07, 2020. 760 GBP = 384,461.20 NGN. The page provides the exchange rate of 1960 British Pound Sterling (GBP) to Nigerian Naira (NGN), sale and conversion rate. 14500 GBP = 7,335,115.00 NGN. Do not forget that Nigeria is more or less a mono-economic nation; this means Nigeria’s main source of GDP is crude oil. Great Britain Pounds (GBP) To Naira Exchange Rate in Black Market (including Parallel market) – October, 2020. Compare money transfer services, compare exchange rates and commissions for sending money from Nigeria to United Kingdom. 380 GBP = 192,230.60 NGN. 30 GBP = 15,176.10 NGN31 GBP = 15,681.97 NGN. 13500 GBP = 6,829,245.00 NGN. 550 GBP = 278,228.50 NGN. 12400 GBP = 6,272,788.00 NGN. Pounds to Naira Black Market Exchange Rate Today June 2017. Nigerians will not look for foreign exchange again to import foods and we can even generate foreign currency to help add to the country’s GDP. So much had been said about the problem and the possible solution. Related Tags: how much is pounds to naira, abokifx, pounds to naira, 200 pounds to naira, one pound to naira, 20 pounds to naira, 100 pounds to naira. 590 GBP = 298,463.30 NGN. 10900 GBP = 5,513,983.00 NGN. 8500 GBP = 4,299,895.00 NGN. As at today, the pound sterling is bought at the rate of N550, while it is sold at the rate of N560 in the black market. 2800 GBP = 1,416,436.00 NGN. Today's range: 1.9761-2.0080. 67 GBP = 33,893.29 NGN. 11000 GBP = 5,564,570.00 NGN11100 GBP = 5,615,157.00 NGN. Pound to Naira forecast on Friday, January, 1: exchange rate 495 Nairas, maximum 502, minimum 488. When we look at the whole month, Pound Sterling to Naira transfer rate … 10600 GBP = 5,362,222.00 NGN. 580 GBP = 293,404.60 NGN. 76 GBP = 38,446.12 NGN. This will surely lessen the burden on foreign currencies and will help the naira to recover quickly enough. 19 GBP = 9,611.53 NGN. Yesterday's rate 2.0001. 90 GBP = 45,528.30 NGN91 GBP = 46,034.17 NGN. However, Nigerians can turn things around by being more responsible to Nigeria. There are houses too where landlords prefer to be paid in foreign currency. Currency conversion rates from British Pound to Nigerian Naira today Thu, 10 Dec 2020: convert from GBP to NGN and also convert in a reverse direction. Dollar to Naira. 450 GBP = 227,641.50 NGN. Tap Add to homescreen, then Add. This rise in demand for scarce foreign currency brings about a situation in which much amount of naira is searching for the scares pounds commodity. 9600 GBP = 4,856,352.00 NGN. 92 GBP = 46,540.04 NGN. Pound to Naira forecast on Thursday, January, 7: exchange rate 498 Nairas, maximum 505, minimum 491. 11700 GBP = 5,918,679.00 NGN. 9500 GBP = 4,805,765.00 NGN. NGN to GBP forecast for December 2020. Naira to Pound forecast on Friday, December, 18: exchange rate 2.016 Pounds, maximum 2.045, minimum 1.988. Nigerians import virtually anything imaginable to the extent of importing toothpick; that is how bad it is. 800 GBP = 404,696.00 NGN810 GBP = 409,754.70 NGN. Things look very bleak at the moment and there seems to be no solution in sight. 25 GBP = 12,646.75 NGN. Bitcoin To Naira Today And Forecast 2020, 2021-2024. 11200 GBP = 5,665,744.00 NGN. 500 GBP = 252,935.00 NGN510 GBP = 257,993.70 NGN. 890 GBP = 450,224.30 NGN. 94 GBP = 47,551.78 NGN. Western Union Pounds to Naira Exchange Rate Today. 10 GBP = 5,058.70 NGN11 GBP = 5,564.57 NGN. 1700 GBP = 859,979.00 NGN. 570 GBP = 288,345.90 NGN. 150 GBP = 75,880.50 NGN. 750 GBP = 379,402.50 NGN. Any usage of materials must be accompanied by a reference to the source. 83 GBP = 41,987.21 NGN. 6600 GBP = 3,338,742.00 NGN. 980 GBP = 495,752.60 NGN. Euros to Naira. We should be able to produce enough food to even export and this is one of the ways to boost the naira. May politicians and government workers are public fund looters. Pound to Naira forecast for February 2021. 4400 GBP = 2,225,828.00 NGN. 8400 GBP = 4,249,308.00 NGN. Naira to Pound forecast on Friday, January, 1: exchange rate 2.020 Pounds, maximum 2.049, minimum 1.992. Pound to Naira Exchange Rate Today (Black Market), Ice Block Business in Nigeria: How To Get Started, Cement Business in Nigeria: How to Get Started, Crude Oil in Nigeria: Discovery, Developments & Projections, How to Cancel Data Plan On MTN, Glo, Etisalat, Airtel. 75 GBP = 37,940.25 NGN. The increasing rate of importation is having debilitating effect on the naira. There are made in Nigeria cars around, but Nigerians prefer to import cars. 12 GBP = 6,070.44 NGN. Naira notes and coins are printed/minted by the Nigerian Security Printing and Minting Plc (NSPM) Plc and other overseas printing/minting companies and issued by the Central Bank of Nigeria (CBN). 780 GBP = 394,578.60 NGN. 46 GBP = 23,270.02 NGN. Pound to Naira exchange rate has been increasing just like the rate of dollar to naira, euro to naira and other foreign currencies. 5900 GBP = 2,984,633.00 NGN. The question now remains if Nigerian government and Nigerian people are really ready to change. 23 GBP = 11,635.01 NGN. Amount. Bitcoin To Naira Today And Forecast 2020, 2021-2024. GBP to NGN forecast on Friday, December, 25: exchange rate 495 Nairas, maximum 502, minimum 488. Manufacturing companies in Nigerians should source their raw materials from the large pool of raw materials in Nigeria instead of importing such from abroad. 78 GBP = 39,457.86 NGN. 9300 GBP = 4,704,591.00 NGN. Another effort made by the federal government to stem the tide of fall in naira value was the forceful pegging of the exchange rate with refusal to devalue. Also Read: Dollar to Naira Exchange Rate Today. 65 GBP = 32,881.55 NGN. Maximum 513, minimum 497. Naira to Pound forecast for January 2021. Get live exchange rates, historical rates & charts for NGN to GBP with XE's free currency calculator. 17 GBP = 8,599.79 NGN. 880 GBP = 445,165.60 NGN. N474 – to buy £1; N480 – to sell £1; CBN Rate of 1 GBP (POUNDS) To NGN (NAIRA) Today. 36 GBP = 18,211.32 NGN. Crude oil sold for far above $100 a barrel as at 2014. on iPhone/iPad tap the Share icon . 27 GBP = 13,658.49 NGN. 44 GBP = 22,258.28 NGN. In the beginning at 526 Nairas. Maximum 511, minimum 490. GBP to NGN forecast on Monday, January, 4: exchange rate 495 Nairas, maximum 502, minimum 488. The naira may not be able to help itself at this stage and it depends so much on Nigerians to help it out. 55 GBP = 27,822.85 NGN. 1000 GBP = 505,870.00 NGN1100 GBP = 556,457.00 NGN. on Android tap the 3-dots icon at the top right. In the beginning at 2.020 Pounds. 7800 GBP = 3,945,786.00 NGN. 5500 GBP = 2,782,285.00 NGN. 390 GBP = 197,289.30 NGN. 50 GBP = 25,293.50 NGN51 GBP = 25,799.37 NGN. 93 GBP = 47,045.91 NGN. 12700 GBP = 6,424,549.00 NGN. 12500 GBP = 6,323,375.00 NGN. 650 GBP = 328,815.50 NGN. 820 GBP = 414,813.40 NGN. 82 GBP = 41,481.34 NGN. Todays Exchange Rate In Naira. GBP to NGN forecast on Wednesday, January, 6: exchange rate 498 Nairas, maximum 505, minimum 491. 950 GBP = 480,576.50 NGN. 14 GBP = 7,082.18 NGN. NGN to GBP exchange rate equals 1.9768 Pounds per 1000 Nairas. At the currency printing works of the NSPM Plc, quality is meticulously controlled throughout every process of currency production. 18 GBP = 9,105.66 NGN. 7900 GBP = 3,996,373.00 NGN. GBP to NGN forecast on Friday, January, 8: exchange rate 499 Nairas, maximum 506, minimum 492. 1900 GBP = 961,153.00 NGN. 320 GBP = 161,878.40 NGN. 3000 GBP = 1,517,610.00 NGN3100 GBP = 1,568,197.00 NGN. This method too never worked as it never could stop the fall of the naira further against major global currencies. 920 GBP = 465,400.40 NGN. 170 GBP = 85,997.90 NGN. At a point, the value of crude oil fell to as low as $38 per barrel. 480 GBP = 242,817.60 NGN. 13000 GBP = 6,576,310.00 NGN13100 GBP = 6,626,897.00 NGN. 400 GBP = 202,348.00 NGN410 GBP = 207,406.70 NGN. The averaged exchange rate 2.007. 39 GBP = 19,728.93 NGN. 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