5500 GBP = 2,782,285.00 NGN. 13800 GBP = 6,981,006.00 NGN. This post highlight today’s Great Britain (GBP) pounds to naira exchange rate in black market including the exchange rate trends in the last few months. 520 GBP = 263,052.40 NGN. 9000 GBP = 4,552,830.00 NGN9100 GBP = 4,603,417.00 NGN. 77 GBP = 38,951.99 NGN. 9600 GBP = 4,856,352.00 NGN. For fifty pounds you get today 25,223 naira 13 kobo. GBP to NGN forecast at the end of the month 540, the change for February 2.7%. 540 GBP = 273,169.80 NGN. The government should be at the fore-front of promoting made in Nigeria product, but they are at the forefront of importation. 11500 GBP = 5,817,505.00 NGN. GBP to NGN forecast at the end of the month 503, the change for February 2.7%. 14700 GBP = 7,436,289.00 NGN. Naira to Pound forecast on Friday, December, 18: exchange rate 2.016 Pounds, maximum 2.045, minimum 1.988. In the beginning at 1.988 Pounds. 11300 GBP = 5,716,331.00 NGN. 960 GBP = 485,635.20 NGN. 29 GBP = 14,670.23 NGN. 970 GBP = 490,693.90 NGN. Amount. NGN to GBP forecast on Thursday, January, 14: exchange rate 1.976 Pounds, maximum 2.008, minimum 1.946. Nigerians import virtually anything imaginable to the extent of importing toothpick; that is how bad it is. 25 GBP = 12,646.75 NGN. 150 GBP = 75,880.50 NGN. It however started its reduction in value since the moment Iran decided to enter into the crude oil exportation. The governments should start changing their unhelpful policies. 50 GBP = 25,293.50 NGN51 GBP = 25,799.37 NGN. A: One Nigerian Naira is worth 0.002 Pounds today Q: Is the Nigerian Naira going up or down against the Pound? 58 GBP = 29,340.46 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. 34 GBP = 17,199.58 NGN. 1 GBP = 502.56905 NGN. 14300 GBP = 7,233,941.00 NGN. This will surely lessen the burden on foreign currencies and will help the naira to recover quickly enough. 80 GBP = 40,469.60 NGN81 GBP = 40,975.47 NGN. 48 GBP = 24,281.76 NGN. 620 GBP = 313,639.40 NGN. Dollar to Naira. One such currency is the pound which is exchanged at N650 for £1 pound. 18 GBP = 9,105.66 NGN. 6600 GBP = 3,338,742.00 NGN. Naira to Pound forecast on Thursday, December, 24: exchange rate 2.033 Pounds, maximum 2.062, minimum 2.004. 8000 GBP = 4,046,960.00 NGN8100 GBP = 4,097,547.00 NGN. Maximum 511, minimum 490. Bitcoin To Naira Today And Forecast 2020, 2021-2024. 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. GBP to NGN currency converter. 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. Exchange Rates Updated: Dec 13,2020 07:08 UTC. 26 GBP = 13,152.62 NGN. NGN to GBP forecast at the end of the month 1.988, the change for February -2.6%. Maximum 2.070, minimum 1.946. This will help boost home grown production and it will lessen the pressure on the naira. In 2 weeks GBP to NGN forecast on Tuesday, December, 29: exchange rate 499 Nairas, maximum 506, minimum 492. Public fund looters should start having a rethink and stop their unbecoming ways of life. 6500 GBP = 3,288,155.00 NGN. 4600 GBP = 2,327,002.00 NGN. Pound to Naira forecast for December 2020. The change -0.0233, -1.16%. NGN to GBP forecast for December 2020. 12900 GBP = 6,525,723.00 NGN. 36 GBP = 18,211.32 NGN. 7500 GBP = 3,794,025.00 NGN. 3 GBP = 1,517.61 NGN. 580 GBP = 293,404.60 NGN. There is Innoson Motors making cars in Nigeria, but the National Assembly, one of the arms of the government, decided to spend scarce foreign exchange on vehicle importation. 6 GBP = 3,035.22 NGN. Naira to Pound forecast on Wednesday, December, 16: exchange rate 1.992 Pounds, maximum 2.024, minimum 1.961. Mid-market exchange rate at 15:37 UTC. As the demand for foreign currency increases, the value of the naira depreciates. The increasing rate of importation is having debilitating effect on the naira. The government too should provide assistance to Nigerians who are interested in going into agriculture. Many Nigerians believe more in foreign exchange than the local currency. 350 GBP = 177,054.50 NGN. Dollar To Naira Forecast 2020, 2021-2024. Yesterday's rate 2.0001. Convert Nigerian Naira To British Pound . It is clear to all that there must be something more inherently wrong with the naira… In 1 week Naira to Pound forecast on Tuesday, December, 22: exchange rate 2.020 Pounds, maximum 2.049, minimum 1.992. If the naira is to rise to the desired rate, then the government has got to sit tight and be more serious about bringing the desired change Nigerians hope for. 13 GBP = 6,576.31 NGN. In the beginning at 2.020 Pounds. 980 GBP = 495,752.60 NGN. 1000 pounds to naira, exchange rate pounds to naira, pounds to naira exchange rate today, convert pounds to naira, pounds to naira … 1300 GBP = 657,631.00 NGN. 66 GBP = 33,387.42 NGN. 32 GBP = 16,187.84 NGN. 82 GBP = 41,481.34 NGN. These and many more are the factors militating against the naira and causing its perpetual fall in value. on Android tap the 3-dots icon at the top right. 220 GBP = 111,291.40 NGN. 56 GBP = 28,328.72 NGN. 330 GBP = 166,937.10 NGN. Today’s Naira Black Market Exchange Rates. 790 GBP = 399,637.30 NGN. Get live exchange rates, historical rates & charts for NGN to GBP with XE's free currency calculator. Buying – 465 Selling – 470. But today we are going to narrow down this article to the pound sterling (GBP) in relation with the Naira. 300 GBP = 151,761.00 NGN310 GBP = 156,819.70 NGN. 9800 GBP = 4,957,526.00 NGN. 65 GBP = 32,881.55 NGN. After stealing such monies, they are not kept in circulation in Nigeria. N406/GBP 990 GBP = 500,811.30 NGN. 9300 GBP = 4,704,591.00 NGN. Exchange rates are updated every 15 minutes. Today's range: 1.9761-2.0080. 200 GBP = 101,174.00 NGN210 GBP = 106,232.70 NGN. This corresponds to a 99.75% decrease for Pound transfer exchange rate this week.. Pounds to Naira exchange rate today September 2017. 39 GBP = 19,728.93 NGN. 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 for March 2021. 60 GBP = 30,352.20 NGN61 GBP = 30,858.07 NGN. 240 GBP = 121,408.80 NGN. Since the Nigerian naira experienced free fall, it has struggled against foreign currencies like Pounds. 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. Todays Exchange Rate In Naira. 12600 GBP = 6,373,962.00 NGN. GBP to NGN forecast on Friday, December, 25: exchange rate 495 Nairas, maximum 502, minimum 488. 6000 GBP = 3,035,220.00 NGN6100 GBP = 3,085,807.00 NGN. 76 GBP = 38,446.12 NGN. 4400 GBP = 2,225,828.00 NGN. 640 GBP = 323,756.80 NGN. Government policies too have not been helpful in the least and they have been contributing negatively to the issue on ground. 9 GBP = 4,552.83 NGN. 230 GBP = 116,350.10 NGN. 14500 GBP = 7,335,115.00 NGN. 5800 GBP = 2,934,046.00 NGN. GBP to NGN forecast on Monday, December, 21: exchange rate 495 Nairas, maximum 502, minimum 488. 2800 GBP = 1,416,436.00 NGN. The exchange rate is updated every 15 minutes. 4800 GBP = 2,428,176.00 NGN. 11600 GBP = 5,868,092.00 NGN. 6400 GBP = 3,237,568.00 NGN. 12000 GBP = 6,070,440.00 NGN12100 GBP = 6,121,027.00 NGN. 170 GBP = 85,997.90 NGN. 9500 GBP = 4,805,765.00 NGN. 7400 GBP = 3,743,438.00 NGN. So much had been said about the problem and the possible solution. The official rate is however lower than this; CBN rate for pound sterling is N385. NGN to GBP forecast on Friday, January, 8: exchange rate 2.004 Pounds, maximum 2.033, minimum 1.976. 8300 GBP = 4,198,721.00 NGN. 500 GBP = 252,935.00 NGN510 GBP = 257,993.70 NGN. 7800 GBP = 3,945,786.00 NGN. 2000 GBP = 1,011,740.00 NGN2100 GBP = 1,062,327.00 NGN. 260 GBP = 131,526.20 NGN. In the beginning at 526 Nairas. The naira received slight boost few days ago though. 2900 GBP = 1,467,023.00 NGN. 52 GBP = 26,305.24 NGN. Imagine if the money had been invested into Nigeria economy how the economy would have been boosted. Any usage of materials must be accompanied by a reference to the source. Maximum 548, minimum 526. Todays Exchange Rate In Naira. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1960 British Pound Sterling (GBP) to Nigerian Naira (NGN) from Monday, 07/12/2020 till Monday, 30/11/2020. 13000 GBP = 6,576,310.00 NGN13100 GBP = 6,626,897.00 NGN. NGN to GBP forecast for February 2021. 290 GBP = 146,702.30 NGN. 5200 GBP = 2,630,524.00 NGN. N474 – to buy £1; N480 – to sell £1; CBN Rate of 1 GBP (POUNDS) To NGN (NAIRA) Today. A: Today's exchange rate (0.002) is the same value compared to yesterday's rate (0.002). 460 GBP = 232,700.20 NGN. 45 GBP = 22,764.15 NGN. Also, view Naira to Pound … Nigeria has more than 170 million people, which means we are big enough to grow our own foods. The government might not have made any announcement of devaluing the naira, but it is clear to all that can see that the naira is already unofficially devalued. Policies that place limitation on home-made products should be reviewed and the market should be comfortable for all. 4200 GBP = 2,124,654.00 NGN. 850 GBP = 429,989.50 NGN. 4300 GBP = 2,175,241.00 NGN. NGN to GBP forecast on Wednesday, January, 6: exchange rate 2.008 Pounds, maximum 2.037, minimum 1.980. 3900 GBP = 1,972,893.00 NGN. 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. 720 GBP = 364,226.40 NGN. Some have even predicted that it may fall so low to the extent that 1 pound starling will have same value as 1000 naira. Nigerians should stop the unreasonable search for foreign goods too and this will further help the naira to strengthen. 740 GBP = 374,343.80 NGN. 98 GBP = 49,575.26 NGN. 14600 GBP = 7,385,702.00 NGN. 820 GBP = 414,813.40 NGN. Actual rates may vary slightly based on vendor. Maximum 2.062, minimum 1.953. Naira to Pound forecast for March 2021. 190 GBP = 96,115.30 NGN. In the beginning at 495 Nairas. 440 GBP = 222,582.80 NGN. It looked like it was back on its path to recovery. 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). Lots of money had been stolen by government officials and politicians at all levels of government, be it federal, state or local government. The POUNDS TO Naira Exchange Rate Today Black Market is as follows: Buy at £1=N474. 830 GBP = 419,872.10 NGN. In the beginning at 490 Nairas. 4000 GBP = 2,023,480.00 NGN4100 GBP = 2,074,067.00 NGN. 5 GBP = 2,529.35 NGN. There are made in Nigeria cars around, but Nigerians prefer to import cars. (adsbygoogle = window.adsbygoogle || []).push({}); Pound to Naira forecast on Wednesday, December, 16: exchange rate 502 Nairas, maximum 510, minimum 494. 8900 GBP = 4,502,243.00 NGN. 38 GBP = 19,223.06 NGN. 11200 GBP = 5,665,744.00 NGN. Notify me of follow-up comments by email. 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. 73 GBP = 36,928.51 NGN. 420 GBP = 212,465.40 NGN. Trust TransferWise to get it where it needs to be at the best possible rate. NGN to GBP exchange rate equals 1.9768 Pounds per 1000 Nairas. Here in Nigeria, it is the fourth most traded currency after the U.S dollar, Chinese Yen, and Euro. You have just converted fifty pounds to nigerian naira according to the recent foreign exchange rate 504.46267628. Pound to Naira forecast on Monday, December, 28: exchange rate 493 Nairas, maximum 500, minimum 486. 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. Western Union Pounds to Naira Exchange Rate Today. 2400 GBP = 1,214,088.00 NGN. 90 GBP = 45,528.30 NGN91 GBP = 46,034.17 NGN. The figures below show the Black market Pounds to Naira exchange rate today (July 2018). British Pound Sterling to Nigerian Naira Convert GBP to NGN at the real exchange rate. 4700 GBP = 2,377,589.00 NGN. 70 GBP = 35,410.90 NGN71 GBP = 35,916.77 NGN. 96 GBP = 48,563.52 NGN. 12200 GBP = 6,171,614.00 NGN. 1900 GBP = 961,153.00 NGN. 3200 GBP = 1,618,784.00 NGN. 12800 GBP = 6,475,136.00 NGN. 43 GBP = 21,752.41 NGN. 86 GBP = 43,504.82 NGN. 12500 GBP = 6,323,375.00 NGN. The page provides the exchange rate of 1960 British Pound Sterling (GBP) to Nigerian Naira (NGN), sale and conversion rate. The Agency publishes forecasts As Is and is not liable for any errors or delays in the information and its publication, or for any actions taken in reliance thereon. 470 GBP = 237,758.90 NGN. 74 GBP = 37,434.38 NGN. 390 GBP = 197,289.30 NGN. The question now remains if Nigerian government and Nigerian people are really ready to change. Want to send money? 59 GBP = 29,846.33 NGN. Crude oil sold for far above $100 a barrel as at 2014. 8700 GBP = 4,401,069.00 NGN. There are houses too where landlords prefer to be paid in foreign currency. 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. Pound to Naira forecast for February 2021. 9700 GBP = 4,906,939.00 NGN. 97 GBP = 49,069.39 NGN. 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Naira rebound, but Nigerians prefer to be paid in foreign currency companies!, it is hoped this prediction will not come to pass at the.! Minimum 1.992 20,234.80 NGN41 GBP = 455,283.00 NGN910 GBP = 35,916.77 NGN 25: exchange rate 2.020,... 2.008 Pounds, maximum 2.037, minimum 492 499, minimum 491 CBN ) official exchange rates, rates! Lower rate anymore ; they now sell at N383 against the Nigerian naira today Q: is Pound!