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Exchange Rates

Western Union Exchange Rate Today, May 2022 (Euros, Pounds, Dollar to Naira)

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The Western Union Services has been on for some while now and many people have been benefitting from it. It creates an enabling environment for someone to easily transfer and receive money in different countries in the world. This means that you can easily ask your family or friends in the United States, United Kingdom or European countries to send you money through Western Union, and you will easily receive the money here in Nigeria. But while carrying out this service, it is wise for you to know the current Western Union exchange rate between any of the currencies you want to deal with.

Also read: Latest Nigerian Banks Monthly International Spending Limit On Cards

If you are in Nigeria, in order to satisfy your curiosity about the Western Union exchange rate for currencies like Dollar, Pounds, and Euro to Naira, we shall be updating this page for you, giving you the latest value you will be exchanging with the various Western Union agents in Nigeria. To get quick access to this page, you can easily bookmark it on your web browser (be it mobile or PC), subscribe to our blog by entering your email address in the subscription box, or simply follow our Facebook Page by liking Us.

A Brief Overview of Western Union

Western Union Exchange Rate Today: Euros, Pounds and Dollar to Naira

Western Union has been in operation for more than 150 years now (you can imagine its consistency), and they have over 480,000 agent locations across the world in over 200 countries. Their stands throughout these years have created lots of trust among users in sending and receiving money worldwide. In Nigeria, you can easily locate any of the Western Union Agents in Nigeria and carry out your transactions with ease.

Western Union has enabled transactions between families and friends, small businesses, and corporate organizations across the world, this makes them the leader in global payment services. In 2015, they had a record of moving over $150 billion dollars for their customers across the world. They promise to continue their efforts in developing new ways to send money through digital, mobile, and retail channels, with various payout options to meet the needs of businesses and consumers.

They have key functions such as;

Connecting people

Western Union creates an enabling and secure environment to transfer money between individuals. This means that families and friends can seamlessly and securely transfer money in ways that are most convenient for them; either by visiting a retail location nearby or by using the Western Union website or app to move money in a matter of minutes.

Connecting businesses

As there is a growing need for businesses around the world to move and transfer money among one another, the services of Western Union Money Transfer can come in handy. By just knowing the Western Union exchange rate between both currencies, transactions can be carried out by the business in two different countries in the world. According to the information on their website and I quote:

“We have answered these needs with Western Union Business Solutions to help navigate the global economy, including solutions for international payments, risk management, and cash management solutions that today help over 100,000 clients including the financial institutions, educational institutions, NGOs, and small/medium-sized businesses needing to make cost-border payments”

Enable partners

WU connect is another platform of money transfer service you can get with Western Union. It is a global cross-border, peer-to-peer payment solution that enables partners to allow their users to send money to more than 200 countries across the world. It gives an opportunity for partners to offer their users the ability to send money to a qualifying bank account, select a mobile wallet, or Western Union agent location for cash pickup.

Now, you have gotten some insight into what Western Union is all about, let me go back to my Nigerian readers who will like to know about the Western Union exchange rate today in Dollars, Pounds, or Euros.

Western Union Exchange Rate Dollar to Naira in Nigeria Today, May 2022

The United States Dollar (USD) is regarded as the most traded currency in the world today. There is hardly a person that does not know about the dollar, it is either you might have seen or heard about it. So, as a Nigerian who is expecting to receive money from a loved one in the United States of America, the big question you will be asking is how much is the Western Union exchange rate Dollar to Naira today? As someone who is sending the Dollars from America, it is also wise for you to know the current Western Union exchange rate so as to know the Naira equivalent you are sending if it meets the demands of your receiver. Well, you can always get the updated value below, the exchange rates are updated in real-time.

Western Union exchange rate today Dollar to Naira is: NGN 480.28 to $1

Also read: Dollar to Naira Exchange Rate Today (Black Market and CBN)

Western Union Exchange Rate Pounds to Naira in Nigeria Today, May 2022

The British Pound Sterling (GBP) is the currency used in the various countries that made up Great Britain. It has an exchange rate value that is higher than the United States Dollars (USD). So, as someone is Britain sending money to a receiver in Nigeria through Western Union, or you are a receiver in Nigeria expecting money in Great Britain currency, you can always check this spot for an updated Western Union exchange rate of the British Pounds to Naira.

The Western Union exchange rate today Pounds to Naira is NGN 560.44 to £1

Also read: Pound to Naira Exchange Rate Today (Black Market and CBN)

Western Union Exchange Rate Euros to Naira in Nigeria Today, May 2022

The Euros is the currency used by countries that made up the European Union. It is as popular as the United States Dollar (USD) and the Great Britain Pounds Sterling (GBP), but I guess not as widely used as both. Both if you find yourself in any of the European countries and you want to send money through Western Union Money Transfer to Nigeria, or you are in Nigeria expecting a Western Union transfer from any European country, then you should get yourself acquainted with the current exchange rate.

The Western Union exchange rate today Euros to Naira is NGN 500.24 to €1

Also read: Euro to Naira Exchange Rate Today (Black Market and CBN)

Summary Of Western Union Exchange Rate in Nigeria Today, May 2022

The summary for the Western Union exchange rate today from the three major currencies in the world to Naira is:

Dollar to Naira: $1 to NGN 480.28

Pounds to Naira: £1 to NGN 560.44

Euros to Naira: 1 to NGN 300.24

Like I said earlier, you can always keep in touch with this page to get the current Western Union exchange rates for the three different major currencies in Naira. Simply subscribe to this blog, bookmark this page or follow us on Facebook to keep yourself updated always.

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Exchange Rates

Black Market Dollar To Naira Exchange Rate Today Tuesday, 10 May 2022

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You can access the dollar to naira yesterday, Dollar To Naira Bank Rate Today and Dollar to Naira Black Market Today below:

How Much Is Dollar To Naira Bank Rate Today?

The exchange rate between the Naira to US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at 414.69 per dollar Today Tuesday, 10 May 2022, after the dollar to naira yesterday – Monday, May 9, 2022, closed at ₦415.69 per $1This represents a change of 0.01%.

Notably, the CBN dollar to naira rate, the apex bank buys the dollar at ₦414.69 rate and sells it at the rate of ₦415.69.

Black Market Dollar To Naira Exchange Rate Today Tuesday, 10 May 2022

Black Market Dollar To Naira Aboki Exchange Rate today, May 10 = ₦588 per $1 

Dollar to Naira yesterday = ₦587 per $1 

Dollar To Naira Aboki Exchange Rate

How much is exchange rate of the Dollar to Naira Aboki Black Market today?

The Nigeria parallel market (black market dollar Aboki exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

Lagos parallel market ( black market dollar to Naira Aboki exchange rate today )

The local currency opened at N588.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 10 May 2022, in Lagos Nigeria, after it closed at N587.00 per $1 on Monday, 9th May 2022.

Black Market Dollar To Naira Aboki Exchange Rate Today

The local currency opened at N588.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 10 May 2022, in Lagos Nigeria, after it closed at N587.00 per $1 on Monday, 9th May 2022.

Even though the dollar to naira opened in the parallel market at ₦587 per $1 today, BrandNewsDay reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as 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.

BrandNewsDay Nigeria reports that on the black market, the players buy a dollar for N585 and sell for N588 on Tuesday morning, 10 May 2022, after they bought N583 and sold for N587 on Monday morning, May 9, 2022.

Meanwhile, in comparison,  Naijaonpoint News Nigeria reports that the USD started this week at ₦587 in Parallel Market also known as Black Market on Monday, May 9, 2022, in Lagos Nigeria, after it opened at 585 last week Monday, May 2, 2022.

The table below shows the latest black market rate of the U.S Dollar To Naira Aboki, the European Euro to Naira, and Great Britain Pounds To Naira.

 

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Exchange Rates

Pounds To Naira Black Market Exchange Rate Today, Tuesday, 10 May 2022

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Pounds To Naira Exchange Rate Today, Pounds To Naira Black Market Exchange Rate Today, Tuesday, 10 May 2022 can be accessed below.

Naijaonpoint News Nigeria has compiled the news about the Pounds to Naira rate at the official and Pounds To Naira Aboki black market exchange rate Today Tuesday, 10 May 2022.

Read BrandNewsDay Nigeria update on the official pounds rates as well as Pounds To Naira Black Market Today ratesBureau De Change (BDC) rates, Pounds to Naira Bank Rate today, and CBN rates.

Pounds to Naira Bank Rate today

Naijaonpoint News Nigeria reports that a pound is bought at the official market at ₦538.2804 and sold for 540.8806.

Daily Pound to Naira, GBP to NGN, Black Market (Lagos) exchange rates, percentage changes, historical rate charts and currency converter.

The Pounds to Naira Bank Rate today official is the same as the official rate today Tuesday, 10 May 2022, for £1 pound to naira = ₦520.8506/£1.

Pounds To Naira Black Market Exchange Rate Today, Tuesday, 10 May 2022

According to the data obtained from the CBN website, the exchange rate between the Nigerian naira and the British Pounds opened at ₦520.8506/£1 on Tuesday 10th May 2022, after it sold at ₦522.1066 to a £1 on Monday, 9th May 2022.

Pounds To Naira Black Market Rate Today

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

How much is exchange rate of Pounds to Naira in Black Market today?

The exchange rate for a pound to naira at Lagos Parallel Market (Black Market) – Pounds exchanged for as low as ₦760 and as high as ₦770/₦775 on Tuesday morning, May 10, 2022, according to sources at Bureau De Change (BDC).

Meanwhile, BDC players buy Pounds Sterling at the rate of ₦750/₦755 and sell to investors/ buyers at the rate of  ₦760/₦770.

The table below shows the latest black market rate of the U.S Dollar To Naira Aboki, the European Euro to Naira, and Great Britain Pounds To Naira.

 

DateCurrencySelling (NGN)Buying(NGN)
May 10, 2022POUNDS STERLING760750
May 10, 2022US DOLLAR588585
May 10, 2022EURO630620

Note: Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

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