Today, March 16th, 2022, here is the news on the Pound to Naira exchange rate at the official and black market exchange rates.
Anaedoonline.ng will keep you up to date on official pounds rates, as well as Black Market, Bureau De Change (BDC), and CBN prices.
What is the current official exchange rate between pounds and naira?
Today, Wednesday, March 16th, 2022, the official rate for one pound to one naira is 543.0667/£1.
16 February 2022: See How Much Naira Exchange To Pounds Today
The exchange rate between the naira and the British pound began at 543.0667/£1 on Wednesday 16th March, after closing at 542.0244 to a £1 on Tuesday 15th March 2022, according to CBN statistics.
According to Anaedoonline.ng, a pound is bought for 542.4139 and sold at 543.7196 on the official market.
What Is Today’s Black Market Exchange Rate Of Pounds To Naira?
According to reports at Bureau De Change, on Wednesday, March 16th 2022, the exchange rate for a pound to naira at Lagos Parallel Market (Black Market) participants is 770 for a dollar and 783 for a dollar (BDC).
Nigeria’s inflation rate has risen to 15.70 percent as a result of looming fuel shortages.
Nigeria’s inflation rate has surged to 15.70 percent, according to the National Bureau of Statistics (NBS), amid a severe gasoline shortage.
11 February 2022: See How Much Pounds Exchange To Naira Today
According to Anaedoonline.ng, the NBS revealed this in its Consumer Price Index (CPI) data for February 2022, which was issued today.
In February 2022, the consumer price index, which measures the rate of rise in the cost of goods and services, increased by 15.70 percent year over year.
The headline inflation rate slowed in February, according to the report, when compared to the same month the previous year.
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