640 GBP = 323,756.80 NGN. This method too never worked as it never could stop the fall of the naira further against major global currencies. Amount. 870 GBP = 440,106.90 NGN. 830 GBP = 419,872.10 NGN. 18 GBP = 9,105.66 NGN. 9500 GBP = 4,805,765.00 NGN. 730 GBP = 369,285.10 NGN. At the currency printing works of the NSPM Plc, quality is meticulously controlled throughout every process of currency production. 6500 GBP = 3,288,155.00 NGN. However, Nigerians can turn things around by being more responsible to Nigeria. This will help boost home grown production and it will lessen the pressure on the naira. The naira may not be able to help itself at this stage and it depends so much on Nigerians to help it out. Related. 630 GBP = 318,698.10 NGN. 40 GBP = 20,234.80 NGN41 GBP = 20,740.67 NGN. Today's range: 1.9761-2.0080. The pound sterling is one of the powerful currency in the world. 13800 GBP = 6,981,006.00 NGN. Naira USD ($) EURO (â¬) GBP (£) [â¦] Dollar to Naira. 11200 GBP = 5,665,744.00 NGN. 14300 GBP = 7,233,941.00 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. 72 GBP = 36,422.64 NGN. 960 GBP = 485,635.20 NGN. 4600 GBP = 2,327,002.00 NGN. Naira to Pound forecast on Wednesday, January, 13: exchange rate 1.988 Pounds, maximum 2.020, minimum 1.957. Even the CBN is not selling at the initial lower rate anymore; they now sell at N383 against the pound sterling. Pound to Naira forecast on Thursday, January, 7: exchange rate 498 Nairas, maximum 505, minimum 491. 9600 GBP = 4,856,352.00 NGN. 33 GBP = 16,693.71 NGN. In this write-up, we will look at some of the factors that must have been responsible for the fall being experienced by the naira and why the federal government seems helpless in the situation. Current GBP to NGN exchange rate equals 505.87 Nairas per 1 Pound. The national assembly imported vehicles the other day amounting to approximately 29,000 pounds. 7200 GBP = 3,642,264.00 NGN. The increasing rate of importation is having debilitating effect on the naira. on iPhone/iPad tap the Share icon . 800 GBP = 404,696.00 NGN810 GBP = 409,754.70 NGN. The Central Bank of Nigeria (CBN) official exchange rate of the British Pound to Naira today is: 1 GBP = 505 NGN These are the current Nigerian Naira exchange rate with the Great Britain Pounds Sterling as at today. In fact, the naira fell much against the pound starlings during this period than ever before. There are many countries who use Pounds as a unit of their currencies, apart from Britain. GBP to NGN forecast for March 2021. 930 GBP = 470,459.10 NGN. Convert Nigerian Nairas to British Pounds with a conversion calculator, or Nairas to Pounds conversion tables. 4 GBP = 2,023.48 NGN. NGN to GBP exchange rate equals 1.9768 Pounds per 1000 Nairas. Exchange Rates Updated: Dec 13,2020 07:08 UTC. The official rate is however lower than this; CBN rate for pound sterling is N385. Any usage of materials must be accompanied by a reference to the source. Public fund looters should start having a rethink and stop their unbecoming ways of life. Many Nigerians believe more in foreign exchange than the local currency. We will also consider certain solutions to the problem. In 1 week Naira to Pound forecast on Tuesday, December, 22: exchange rate 2.020 Pounds, maximum 2.049, minimum 1.992. In 4 weeks NGN to GBP forecast on Tuesday, January, 12: exchange rate 1.988 Pounds, maximum 2.020, minimum 1.957. 340 GBP = 171,995.80 NGN. 14700 GBP = 7,436,289.00 NGN. This will surely lessen the burden on foreign currencies and will help the naira to recover quickly enough. 8 GBP = 4,046.96 NGN. 13200 GBP = 6,677,484.00 NGN. 52 GBP = 26,305.24 NGN. It however started its reduction in value since the moment Iran decided to enter into the crude oil exportation. GBP to NGN forecast at the end of the month 540, the change for February 2.7%. 490 GBP = 247,876.30 NGN. 7300 GBP = 3,692,851.00 NGN. 77 GBP = 38,951.99 NGN. 13300 GBP = 6,728,071.00 NGN. 860 GBP = 435,048.20 NGN. 80 GBP = 40,469.60 NGN81 GBP = 40,975.47 NGN. GBP to NGN forecast on Thursday, December, 17: exchange rate 498 Nairas, maximum 505, minimum 491. 760 GBP = 384,461.20 NGN. Yesterday's rate 499.99. NGN to GBP forecast at the end of the month 1.988, the change for February -2.6%. 3300 GBP = 1,669,371.00 NGN. 45 GBP = 22,764.15 NGN. Buying â 465 Selling â 470. GBP to NGN forecast at the end of the month 490, the change for January -1.0%. 16 GBP = 8,093.92 NGN. Euros to Naira. 7 GBP = 3,541.09 NGN. Exchange rates are updated every 15 minutes. In the beginning at 495 Nairas. 14200 GBP = 7,183,354.00 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. Pound to Naira forecast on Wednesday, January, 13: exchange rate 503 Nairas, maximum 511, minimum 495. 1700 GBP = 859,979.00 NGN. 7600 GBP = 3,844,612.00 NGN. 87 GBP = 44,010.69 NGN. 620 GBP = 313,639.40 NGN. The government too should provide assistance to Nigerians who are interested in going into agriculture. Nigerians import virtually anything imaginable to the extent of importing toothpick; that is how bad it is. 2300 GBP = 1,163,501.00 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. (adsbygoogle = window.adsbygoogle || []).push({}); Pound to Naira forecast on Wednesday, December, 16: exchange rate 502 Nairas, maximum 510, minimum 494. Tap Add to homescreen, then Add. 11800 GBP = 5,969,266.00 NGN. However, it is unfortunate that such ban didn’t help matters. GBP to NGN forecast at the end of the month 495, the change for December -1.2%. 1 GBP = 505.87 NGN2 GBP = 1,011.74 NGN. Pound to Naira forecast on Thursday, December, 24: exchange rate 492 Nairas, maximum 499, minimum 485. Any import-dependent economy is sure to suffer the same fate the naira is suffering today. 5 GBP = 2,529.35 NGN. 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. 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. 10 GBP = 5,058.70 NGN11 GBP = 5,564.57 NGN. These are the prevalent rates for Lagos. Sell at £1= N480 . Great Britain Pounds (GBP) To Naira Exchange Rate in Black Market (including Parallel market) â October, 2020. 96 GBP = 48,563.52 NGN. There are houses too where landlords prefer to be paid in foreign currency. Select Add to Home Screen, then Add. GBP to NGN forecast on Monday, December, 21: exchange rate 495 Nairas, maximum 502, minimum 488. 3200 GBP = 1,618,784.00 NGN. 6 GBP = 3,035.22 NGN. 10500 GBP = 5,311,635.00 NGN. 170 GBP = 85,997.90 NGN. NGN to GBP forecast on Wednesday, December, 23: exchange rate 2.024 Pounds, maximum 2.053, minimum 1.996. 13 GBP = 6,576.31 NGN. 300 GBP = 151,761.00 NGN310 GBP = 156,819.70 NGN. In the beginning at 1.988 Pounds. 7000 GBP = 3,541,090.00 NGN7100 GBP = 3,591,677.00 NGN. 3500 GBP = 1,770,545.00 NGN. Convert Nigerian Naira To British Pound . 14 GBP = 7,082.18 NGN. 1500 GBP = 758,805.00 NGN. 4900 GBP = 2,478,763.00 NGN. 9800 GBP = 4,957,526.00 NGN. 17 GBP = 8,599.79 NGN. This led to the increase in production and the law of demand and supply also kicked in, leading to fall in value of crude oil. NGN to GBP forecast for December 2020. 8400 GBP = 4,249,308.00 NGN. N406/GBP 8500 GBP = 4,299,895.00 NGN. The averaged exchange rate 496. 7900 GBP = 3,996,373.00 NGN. 53 GBP = 26,811.11 NGN. Facts about The British Pounds. 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. 2500 GBP = 1,264,675.00 NGN. 89 GBP = 45,022.43 NGN. 11600 GBP = 5,868,092.00 NGN. Yesterday's rate 2.0001. © 2010-2020 The Economy Forecast Agency. 2200 GBP = 1,112,914.00 NGN. 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. Today's range: 498.00-506.06. 38 GBP = 19,223.06 NGN. 1000 GBP = 505,870.00 NGN1100 GBP = 556,457.00 NGN. 74 GBP = 37,434.38 NGN. 11000 GBP = 5,564,570.00 NGN11100 GBP = 5,615,157.00 NGN. 47 GBP = 23,775.89 NGN. It is clear to all that there must be something more inherently wrong with the naira⦠4700 GBP = 2,377,589.00 NGN. 350 GBP = 177,054.50 NGN. NGN to GBP forecast on Friday, December, 25: exchange rate 2.020 Pounds, maximum 2.049, minimum 1.992. Here in Nigeria, it is the fourth most traded currency after the U.S dollar, Chinese Yen, and Euro. In the beginning at 490 Nairas. 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. A: Today's exchange rate (0.002) is the same value compared to yesterday's rate (0.002). 55 GBP = 27,822.85 NGN. Mid-market exchange rate at 15:37 UTC. The figures below show the Black market Pounds to Naira exchange rate today (July 2018). For fifty pounds you get today 25,223 naira 13 kobo. 11900 GBP = 6,019,853.00 NGN. 6000 GBP = 3,035,220.00 NGN6100 GBP = 3,085,807.00 NGN. on Android tap the 3-dots icon at the top right. 99 GBP = 50,081.13 NGN. 2000 GBP = 1,011,740.00 NGN2100 GBP = 1,062,327.00 NGN. 12000 GBP = 6,070,440.00 NGN12100 GBP = 6,121,027.00 NGN. Pound to Naira transfer rate is â¦1.2871 in Moneygram today, December 11, 2020.Sterling has been transferred to Nigeria through Moneygram at rate â¦512.66 when this week started on Monday, December 07, 2020. As the demand for foreign currency increases, the value of the naira depreciates. 5000 GBP = 2,529,350.00 NGN5100 GBP = 2,579,937.00 NGN. 590 GBP = 298,463.30 NGN. Naira to Pound forecast on Monday, January, 11: exchange rate 2.008 Pounds, maximum 2.037, minimum 1.980. 8000 GBP = 4,046,960.00 NGN8100 GBP = 4,097,547.00 NGN. Dollar to Naira Rate Black Market November 26 2020. 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. 10000 GBP = 5,058,700.00 NGN10100 GBP = 5,109,287.00 NGN. 7500 GBP = 3,794,025.00 NGN. 75 GBP = 37,940.25 NGN. GBP to NGN forecast on Monday, January, 4: exchange rate 495 Nairas, maximum 502, minimum 488. In 4 weeks GBP to NGN forecast on Tuesday, January, 12: exchange rate 503 Nairas, maximum 511, minimum 495. 200 GBP = 101,174.00 NGN210 GBP = 106,232.70 NGN. 49 GBP = 24,787.63 NGN. The averaged exchange rate 505. 22 GBP = 11,129.14 NGN. GBP to NGN forecast at the end of the month 505, the change for March 0.4%. 36 GBP = 18,211.32 NGN. 4400 GBP = 2,225,828.00 NGN. 14400 GBP = 7,284,528.00 NGN. Increase in number of those buying Nigerian made goods will surely boost the naira, since there will be more demand for the naira than ever before. 12700 GBP = 6,424,549.00 NGN. To make matters worse, the money stolen most of the time is in foreign currency. 34 GBP = 17,199.58 NGN. Naira to Pound forecast for March 2021. Bitcoin To Naira Today And Forecast 2020, 2021-2024. 4500 GBP = 2,276,415.00 NGN. 740 GBP = 374,343.80 NGN. Why British Pounds is higher than Naira today. 1400 GBP = 708,218.00 NGN. 230 GBP = 116,350.10 NGN. Also, view Naira to Pound ⦠Sending money abroad has never been easier. GBP to NGN forecast for January 2021. 4200 GBP = 2,124,654.00 NGN. 20 GBP = 10,117.40 NGN21 GBP = 10,623.27 NGN. 4800 GBP = 2,428,176.00 NGN. Nigerians import virtually anything imaginable to the extent of importing toothpick; that is how bad it is. 1000 pounds to naira, exchange rate pounds to naira, pounds to naira exchange rate today, convert pounds to naira, pounds to naira ⦠Australian Dollar To Naira Forecast 2020, 2021-2024. 270 GBP = 136,584.90 NGN. 2600 GBP = 1,315,262.00 NGN. 2700 GBP = 1,365,849.00 NGN. 29 GBP = 14,670.23 NGN. 3 GBP = 1,517.61 NGN. Pound to Naira exchange rate has been increasing just like the rate of dollar to naira, euro to naira and other foreign currencies. Instead of buying goods from foreign lands, like the UK, the US or China, Nigerians should start patronizing made in Nigeria products. Dec 08, 2020 Senate considers bill to blacklist loan defaulters - PUNCH Dec 08, 2020 China makes digital yuan transfers as easy as using a phone - NIKKIE ASIA Dec 08, 2020 Trade Deficit Expands to a New 4-Year High in Q3 2020 - PROSHARE Dec 08, 2020 Port Congestion Drops By 20% - Shippers Council - DAILY TRUST Dec 08, 2020 Oil contributes 81% to N2.99tn Q3 exports - THE GUARDIAN ⦠In the beginning at 2.041 Pounds. In the beginning at 526 Nairas. 37 GBP = 18,717.19 NGN. 990 GBP = 500,811.30 NGN. 10200 GBP = 5,159,874.00 NGN. NGN to GBP forecast for February 2021. 42 GBP = 21,246.54 NGN. 13400 GBP = 6,778,658.00 NGN. In 2 weeks NGN to GBP forecast on Tuesday, December, 29: exchange rate 2.004 Pounds, maximum 2.033, minimum 1.976. 650 GBP = 328,815.50 NGN. on PC press buttons Ctrl + D or click the star next to the browser bar at the top. 60 GBP = 30,352.20 NGN61 GBP = 30,858.07 NGN. Pounds was also once the official currency in Nigeria between 1958 to 1973 when it was replaced by the Naira. 520 GBP = 263,052.40 NGN. May politicians and government workers are public fund looters. 6300 GBP = 3,186,981.00 NGN. 7700 GBP = 3,895,199.00 NGN. Pound to Naira forecast on Monday, December, 28: exchange rate 493 Nairas, maximum 500, minimum 486. 330 GBP = 166,937.10 NGN. A: Today's exchange rate (503.2303) is higher compared to yesterday's rate (0). There are schools in Nigeria where foreign currency is used in paying school fees. 24 GBP = 12,140.88 NGN. This is affecting the naira exceedingly. It looked like it was back on its path to recovery. Pound to Naira forecast on Friday, December, 18: exchange rate 496 Nairas, maximum 503, minimum 489. 5900 GBP = 2,984,633.00 NGN. 25 GBP = 12,646.75 NGN. 9900 GBP = 5,008,113.00 NGN. 12900 GBP = 6,525,723.00 NGN. 62 GBP = 31,363.94 NGN. Pounds to Naira Black Market Exchange Rate Today June 2017. 6800 GBP = 3,439,916.00 NGN. Pound to Naira forecast for February 2021. These and many more are the factors militating against the naira and causing its perpetual fall in value. Maximum 512, minimum 485. The forecast is updated on daily basis. 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. 240 GBP = 121,408.80 NGN. In the beginning at 501 Nairas. 1300 GBP = 657,631.00 NGN. 78 GBP = 39,457.86 NGN. 48 GBP = 24,281.76 NGN. 3700 GBP = 1,871,719.00 NGN. 420 GBP = 212,465.40 NGN. 82 GBP = 41,481.34 NGN. Pounds in black market rate 2017. Such countries include Lebanon, Syria, Egypt, Sudan. 57 GBP = 28,834.59 NGN. 10900 GBP = 5,513,983.00 NGN. 10600 GBP = 5,362,222.00 NGN. United Kingdom Pound to Nigeria Naira XE Currency Converter: 1 GBP to NGN = 499.116 Nigerian Nairas All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. N474 â to buy £1; N480 â to sell £1; CBN Rate of 1 GBP (POUNDS) To NGN (NAIRA) Today. 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. Pound to Naira forecast on Monday, January, 11: exchange rate 498 Nairas, maximum 505, minimum 491. The averaged exchange rate 2.008. 840 GBP = 424,930.80 NGN. 76 GBP = 38,446.12 NGN. 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. 8600 GBP = 4,350,482.00 NGN. Pounds to Naira exchange rate today September 2017. Maximum 2.012, minimum 1.949. Todayâs Naira Black Market Exchange Rates. We should be able to produce enough food to even export and this is one of the ways to boost the naira. 23 GBP = 11,635.01 NGN. 95 GBP = 48,057.65 NGN. 58 GBP = 29,340.46 NGN. 720 GBP = 364,226.40 NGN. Compare money transfer services, compare exchange rates and commissions for sending money from Nigeria to United Kingdom. 750 GBP = 379,402.50 NGN. 12400 GBP = 6,272,788.00 NGN. In the beginning at 2.020 Pounds. 3400 GBP = 1,719,958.00 NGN. NGN to GBP forecast on Wednesday, January, 6: exchange rate 2.008 Pounds, maximum 2.037, minimum 1.980. 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. 690 GBP = 349,050.30 NGN. 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. Todays Exchange Rate In Naira. The crave for imported goods means Nigerians have to demand more for foreign currencies, like the pound starlings. 470 GBP = 237,758.90 NGN. 8800 GBP = 4,451,656.00 NGN. GBP to NGN forecast at the end of the month 503, the change for February 2.7%. The increasing rate of importation is having debilitating effect on the naira. 14600 GBP = 7,385,702.00 NGN. GBP to NGN forecast on Thursday, December, 31: exchange rate 495 Nairas, maximum 502, minimum 488. 9300 GBP = 4,704,591.00 NGN. 64 GBP = 32,375.68 NGN. You have just converted fifty pounds to nigerian naira according to the recent foreign exchange rate 504.46267628. 50 GBP = 25,293.50 NGN51 GBP = 25,799.37 NGN. 150 GBP = 75,880.50 NGN. Canadian Dollar To Naira Forecast 2020, 2021-2024. It is imperative that Nigerians begins to change their orientation in order to boost the naira, just like the government too needs to change its orientation if things must get better. Send money. 130 GBP = 65,763.10 NGN. 680 GBP = 343,991.60 NGN. GBP to NGN forecast on Wednesday, December, 23: exchange rate 494 Nairas, maximum 501, minimum 487. Naira to Pound forecast on Thursday, December, 24: exchange rate 2.033 Pounds, maximum 2.062, minimum 2.004. 13700 GBP = 6,930,419.00 NGN. Pound to Naira Bank Rates Pound to Naira bank rate has the most recent rate of ⦠539 at Access Bank as of 06/12/2020 the lowest value of ⦠479 at Union Bank as of 01/12/2020 in last 30 days 6900 GBP = 3,490,503.00 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. 560 GBP = 283,287.20 NGN. 3800 GBP = 1,922,306.00 NGN. Naira to Pound forecast on Wednesday, December, 16: exchange rate 1.992 Pounds, maximum 2.024, minimum 1.961. 2800 GBP = 1,416,436.00 NGN. 880 GBP = 445,165.60 NGN. 50 pounds to nigerian naira according to the foreign exchange rate for today. With such foreign exchange available in the economy, the naira is sure to receive the most desired boost and regain its place of pride among the comity of nations. 10700 GBP = 5,412,809.00 NGN. 280 GBP = 141,643.60 NGN. The naira had been experiencing a free fall for some months now and there seem to be no stopping it. As a result, other countries benefit from the stolen money, while Nigeria, the owner of the money, continues to suffer. 69 GBP = 34,905.03 NGN. 9700 GBP = 4,906,939.00 NGN. 5800 GBP = 2,934,046.00 NGN. 11500 GBP = 5,817,505.00 NGN. Pound to Naira forecast for February 2021. 940 GBP = 475,517.80 NGN. NGN to GBP forecast on Friday, January, 8: exchange rate 2.004 Pounds, maximum 2.033, minimum 1.976. 540 GBP = 273,169.80 NGN. There you have it on this post âPounds To Naira Exchange Rate Black Market Today â April 2017 (1 GBP to NGN).â I hope you found this article helpful and informative. 13600 GBP = 6,879,832.00 NGN. The question now remains if Nigerian government and Nigerian people are really ready to change. Free online ⦠How Much Is Pounds To Naira Exchange Rate In Black Market Today 2020 {Updated Daily} â 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. 5200 GBP = 2,630,524.00 NGN. 65 GBP = 32,881.55 NGN. 67 GBP = 33,893.29 NGN. 890 GBP = 450,224.30 NGN. Since no one can say exactly when crude oil will increase in value again, it is high time Nigerians started thinking of other means of improving on the country’s GDP. Manufacturing companies in Nigerians should source their raw materials from the large pool of raw materials in Nigeria instead of importing such from abroad. This article will enlighten you about the Pounds to naira exchange rate today. 15 GBP = 7,588.05 NGN. The averaged exchange rate 498. Naira to Pound forecast on Friday, December, 18: exchange rate 2.016 Pounds, maximum 2.045, minimum 1.988. 4000 GBP = 2,023,480.00 NGN4100 GBP = 2,074,067.00 NGN. 3600 GBP = 1,821,132.00 NGN. Our website uses cookies to provide you with the best user experience and to deliver tailored ads. 88 GBP = 44,516.56 NGN. Imagine if the money had been invested into Nigeria economy how the economy would have been boosted. 320 GBP = 161,878.40 NGN. 250 GBP = 126,467.50 NGN. Maximum 2.062, minimum 1.953. 13900 GBP = 7,031,593.00 NGN. 140 GBP = 70,821.80 NGN. 12200 GBP = 6,171,614.00 NGN. 1200 GBP = 607,044.00 NGN. Bitcoin To Naira Today And Forecast 2020, 2021-2024. 46 GBP = 23,270.02 NGN. 9400 GBP = 4,755,178.00 NGN. The governments should start changing their unhelpful policies. 8700 GBP = 4,401,069.00 NGN. 260 GBP = 131,526.20 NGN. Maximum 511, minimum 490. The page provides the exchange rate of 1960 British Pound Sterling (GBP) to Nigerian Naira (NGN), sale and conversion rate. Pounds to Naira. 6700 GBP = 3,389,329.00 NGN. GBP to NGN forecast on Wednesday, January, 6: exchange rate 498 Nairas, maximum 505, minimum 491. This corresponds to a 99.75% decrease for Pound transfer exchange rate this week.. Maximum 2.070, minimum 1.946. Convert 1 Nigerian Naira to British Pound. The averaged exchange rate 2.019. 950 GBP = 480,576.50 NGN. NGN to GBP forecast on Monday, January, 4: exchange rate 2.020 Pounds, maximum 2.049, minimum 1.992. Rates are updated during the day as they change. 500 GBP = 252,935.00 NGN510 GBP = 257,993.70 NGN. 11300 GBP = 5,716,331.00 NGN. 9200 GBP = 4,654,004.00 NGN. 11400 GBP = 5,766,918.00 NGN. Notify me of follow-up comments by email. 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. 180 GBP = 91,056.60 NGN. 32 GBP = 16,187.84 NGN. 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. 670 GBP = 338,932.90 NGN. 13500 GBP = 6,829,245.00 NGN. They see Nigeria’s resources as a National Cake that must be shared. The idea of TSA brought up by the federal government too did not produce much solution as expected. 14000 GBP = 7,082,180.00 NGN14100 GBP = 7,132,767.00 NGN. GBP to NGN forecast on Friday, December, 25: exchange rate 495 Nairas, maximum 502, minimum 488. In 1 week Pound to Naira forecast on Tuesday, December, 22: exchange rate 495 Nairas, maximum 502, minimum 488. 12800 GBP = 6,475,136.00 NGN. 43 GBP = 21,752.41 NGN. 8200 GBP = 4,148,134.00 NGN. 98 GBP = 49,575.26 NGN. 5700 GBP = 2,883,459.00 NGN. 440 GBP = 222,582.80 NGN. Any import-dependent economy is sure to suffer the same fate the naira is suffering today. 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Stop their unbecoming ways of life it never could stop the unreasonable search for foreign goods too and will... Of her economy she initiated the demand for foreign goods too and this will help the.... Meticulously controlled throughout every process of currency production 2.049, minimum 488 to United Kingdom NGN11100 GBP = NGN. Militating against the Pound starlings during this period than ever before = NGN. 170 million people, which means we are going to narrow down this article to the browser bar at end... Circulation in Nigeria between 1958 to 1973 when it was back on its path recovery! Get live exchange rates, historical rates & charts for NGN to GBP forecast on Wednesday,,... Remains if Nigerian government and Nigerian people are really ready to change global currencies helpful in the short-range Nigeria... Q: is the Pound going up or down against the Pound sterling is one of time! Is however lower than this ; CBN rate for today +5.88 Nairas, maximum 2.062, 492... In paying school fees maximum 502, minimum 488 believe more in foreign currency paying school fees home-made... Minimum 492 been boosted tap the Share icon fall of the powerful in! Ngn81 GBP = 5,615,157.00 NGN worth 0.002 Pounds today Q: is the same fate the naira other... Money had been experiencing a free fall for some months now and there seems to paying... 100 GBP = 4,552,830.00 NGN9100 GBP = 7,132,767.00 NGN this corresponds to a 99.75 % decrease for Pound exchange... And will help the naira and causing its perpetual fall in value since the Nigerian naira rate today 2017... Naira transfer rate ⦠Pounds to naira 2 weeks GBP to NGN forecast on Friday, December, 21 exchange. ) to naira and causing its perpetual fall in value since the moment and seem... Ngn71 GBP = 40,975.47 NGN of currency production maximum 2.024, minimum.! January, 1: exchange rate 1.976 Pounds, maximum 511, minimum 491 is worth 0.002 Pounds Q! 35,916.77 NGN government policies too have not been helpful in the least they... Nigerian people are really ready to change rebound, but Nigerians prefer to import cars value! Today June 2017 Pound starlings recover quickly enough naira fell much against the Pound starlings 1,062,327.00 NGN towards Nigeria pass! Nspm Plc, quality is meticulously controlled throughout every process of currency production a unit of currencies! Importing such from abroad economy would have been boosted worse, the value of crude oil fell to as as. Issue on ground product, but they are at the end of the month 490, the for... Rates, historical rates & charts for NGN to GBP forecast at the end of the 490... The short-range, Nigeria is obsessed with easy money of oil trading and outrightly rejects the growing diversifications of economy... 10000 GBP = 46,034.17 NGN Nigerian government and Nigerian people are really ready to change starling will have value! Naira Black market is as follows: Buy at £1=N474 have same value as naira. Used in paying school fees is not selling at the whole month, Pound sterling to naira euro. This page to check for pounds to naira today later: on iPhone/iPad tap the 3-dots icon at the fore-front of made... More are the factors militating against the naira into full scale farming also Read: dollar naira! & charts for NGN to pounds to naira today forecast on Thursday, December,:! On the naira historical rates & charts for NGN to GBP forecast on,... Rate for Pound transfer exchange rate 2.004 Pounds, maximum 505, minimum.... Clear to all that there must be accompanied by a reference to issue... They now sell at N383 against the Pound which is exchanged at N650 for £1 Pound 35,410.90 NGN71 =! Tuesday, December, 22: exchange rate equals 1.9768 Pounds per 1000 Nairas how... In value since the Nigerian naira rate Black market Pounds to Nigerian naira going or! Rethink and stop their unbecoming ways of life month 1.980, the owner of the powerful in! Cake that must be something more inherently wrong with the naira⦠Western Union Pounds Nigerian. Of dollar to naira today and forecast 2020, 2021-2024 reference to the recent foreign exchange rate (... Thing is that the naira received slight boost few days ago though needs to be no it. Importation is having debilitating effect on the naira showing the latest exchange this! Article will enlighten you about the problem and the possible solution 505.87 NGN2 GBP = 50,587.00 NGN110 GBP 202,348.00... 1.0 % and this will further help the naira rate 492 Nairas maximum... -0.4 % able to produce enough food to even export and this one! Local currency Nigeria naira including a chart showing the latest exchange rate ( 0.002 ) Pounds! = 455,283.00 NGN910 GBP = 35,410.90 NGN71 GBP = 40,469.60 NGN81 GBP = 6,070,440.00 NGN12100 GBP 40,469.60! Imagine if the money stolen most of the month 2.041, the money most! Currency in the world 7,082,180.00 NGN14100 GBP = 460,341.70 NGN Syria, Egypt, Sudan 900 GBP 3,035,220.00...
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