If you’re not aware, the rate at which a currency is being exchanged for another currency is called “Exchange Rate.” And as you already know or might’ve been told, these rates are not always constant because they vary according to various factors.
In Nigeria, the commercial banks operating in the country also have different exchange rates, even if the margin is said to be thin, and it is common knowledge that the exchange rates are being regulated by the Central Bank of Nigeria (CBN). If your concern is the Dollar/Pound to the Naira exchange rate with the United Bank of Africa (UBA), this tutorial has you covered. If you are a UBA account holder or you need to carry out a foreign transaction with the financial institution, see UBA Dollar/Pounds To Naira Exchange Rate Today, July 2021:
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Vital Information Needed About UBA Dollar/Pounds To Naira Exchange Rate Today?
UBA is a financial services group that is one of Africa’s best banks with operations in twenty African nations, including Nigeria, Chad, Cote d’Ivoire, Ghana, Liberia, Senegal, Uganda, Burkina Faso, Congo Brazzaville, Guinea, Kenya, Mali, Sierra Leone, Zambia, Cameroon, Congo DRC, Gabon, Mozambique, and Tanzania. Proving its dominance, UBA even has representative offices in Paris, New York, and London.
And for those who don’t know, there is a fresh initiative by UBA named “FX Mart” where anyone can purchase and exchange foreign currency at competitive rates. This initiative is available in any UBA office all over the world, and you don’t even have to be a UBA account holder to use it. The service is broken down into 2 parts- Personal Travel Allowance (PTA) and Business Travel Allowance (BTA), and the three major currencies that can be traded on the platform are Dollar, Pounds and Euro. Check out the latest UBA exchange rates for the pound and dollar currency among others:
- Currency: GBP
Rate: #629 - Currency: USD
Rate: #450 - Currency: EURO
Rate: #504 - Currency: CAD
Rate: #316 - Currency: AED
Rate: #119 - Currency: INR
Rate: #6.06
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In summary, UBA, United Bank of Africa Naira exchange rates for the top 2 currencies in the world today are:
- US Dollar to Naira UBA exchange rate = ₦ 450 as of July 2021.
- British Pounds to Naira UBA exchange rate = ₦ 629 as of July 2021.
There you go, if you ever need to involve yourself in any exchange of Dollar/Pounds for Naira, and you wish to go through UBA Bank, you know what to do.
