Naira Exchanges N920 For A Pound Today 24 November 2022 At Black Market
The Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market.
Naira has depreciated again over the UK Pound at the black market and the new exchange rate can be accessed below.
iexclusivenews reports that Naira has depreciated against the U.K. Pound exchanging at N920/£1 on the exchange platform Aboki Forex.
Please note that the exchange rate changes hourly.… It depends on the volume of dollars available and the Demands.
What it means is that…you can buy or sell 1 pound at ₦920 and the price can change (high or low) within hours.
How much is the exchange rate of Pound to Naira in the Black Market today?
iexclusivenews reports that checks on Aboki Forex Thursday showed the current parallel market rate at N920 to a £1.
The Nigeria parallel market (black market dollar exchange rate today) according to Aboki Forex
November 24, UKP to Naira black market exchange rate: £1 to Naira = ₦920
The local currency opened at N920.00 per £1 at the parallel market otherwise known as the black market today Thursday 24 November 2022, on Aboki Forex.
Even though the pound to naira opened in the parallel market at ₦920 per £1 today.
The Central Bank of Nigeria (CBN) does not recognize the parallel market, the black market.
The apex bank has therefore directed anyone who requires forex to approach their bank. Insisting that the I&E window is the only known exchange.
iexclusivenews Nigeria reports that on the black market according to Aboki Forex. The players buy a pound for N910 and sell for N920 on Thursday morning, 24 November 2022.
Disclaimer: iexclusivenews Nigeria does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC
Parallel market rates (black market rates) are obtained from various sources including Aboki Forex and online media outlets.