For those travelling to the Britain for studies or those who have relations there and would normally send the British Pound Sterling home, here is how to know how much a British pound exchanges for to the Nigerian local currency.
Read Also: Black Market Exchange Rate: 1 Pound Selling For 980 Naira
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Today, many people prefer to visit the Bureau De Change (BDC) operators when they want to change their foreign currencies because the exchange rate in the black market is higher than that of the official market.
So, if you want to change your Naira notes to pounds now you will change it for ₦955 on the black market and if you want to sell a pound, you will get ₦940.
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Black Market Exchange Rates |
Buying Rate |
Selling Rate |
| Dollar to Naira | 753 | 750 |
| Pounds to Naira | 955 | 940 |
| Euro to Naira | 810 | 795 |
| Canadian Dollar to Naira | 630 | 610 |
| Rand to Naira | 52 | 43 |
| Dirham to Naira | 0 | 0 |
| Yuan to Naira | 62 | 62 |
| G.Cedi to Naira | 70 | 50 |
| CFA F. (XOF) To Naira | 0.83 | 0.81 |
| CFA F. (XAF) To Naira | 0.74 | 0.74 |
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