NaijaQuest

Nigeria Top Information Portal that cut across Tech, Entertainment, Social Rating, News in Nigeria, Africa and the World

GTBANK EXCHANGE RATE TODAY Dollar To Naira { Euro Pounds } OCTOBER 2017

GTBANK EXCHANGE RATE TODAY OCTOBER 2017 { GUARANTEE TRUST BANK Dollars Euro Pounds Naira Fx Rate  }

It is no news that the commercial banks we have now exchange dollar to naira at the same rate obtainable in the parallel market otherwise known as black market and just as the price fluctuates, they follow the bandwagon despite the fact that the Central Bank of Nigeria exchange rate is pegged at a rate. For example, at the interbank market, CBN exchange rate of dollars is at a dynamic equilibrium of 307.5 Naira giving liberty to the banks to sell at higher price rate. One of such bank that we would discuss it’s dollar to naira exchange rate is that of GTBank Nigeria exchange rate.

Gtbank exchange rate gtbank dollar exchange rate euro pounds

Gtbank exchange rate

GTBANK EXCHANGE RATE TODAY OCTOBER 2017

GTBank dollar to naira exchange rate

  • 1 USD to NGN — USD = Naira 368

GTBank Pounds Exchange Rate

  • 1 GBP to NGN — GBP = Naira 512

GTBank Euro Exchange Rate

  • 1 Euro to Ngn — Euro = Naira 438

CAD Exchange Rate

  • 1 cad to naira — CAD = Naira 296

Ugandan Shillings Ugx to Naira Exchange Rate

  • 1 Ugx to Ngn — Ugx = Naira 9.6

India Inr to Naira Exchange Rate

  • 1 Inr to Ngn — Inr = Naira 6.2

 Malaysia Myr Exchange Rate

  • 1 Myr to Ngn — Myr = Naira 89

Russia Rub to Naira Fx Rate

  • 1 Rub to Naira — Rub = Ngn 6.6

Try

  • 1 Try = Ngn 90

It is important to note that the amounts quoted above may likely not be the amount you will be charged. The reason is simple, the exchange rate is very dynamic, depending on several factors to adjust.

Also, you should note that whenever you are making a withdrawal and receiving payments, GTbank just like other banks will charge at rates even lesser than the official bank rate. This means you are made to pay more when the bank sells dollars to you while you get less naira equivalent when the bank buys dollars from you.

Still ON GTBank Exchange Rate Dollar To Naira Euro Pounds Rates Today October

let’s take a look about some interesting facts about Guaranty Trust Bank

TOP 10 INTERESTING FACTS ABOUT GTBANK

The Guaranty Trust Bank was incorporated as a limited liability company licensed to provide commercial and other banking services to the Nigerian public in 1990 and they commenced operations in the year 1991. As of 1996, GTB became a publicly quoted company and won the Nigerian stock exchange presidents merit award.

Throughout the history of Nigerian banking system, the GT bank has been known to be one of the Nigerian trusted banks till date, payment systems are fast, clients are satisfied. Customers have a lot of benefits to gain when banking with the Guaranty Trust bank, they have one of the best systems in Nigeria, up to date customer service and many others.

In the year 2007, GTB was the first sub-Saharan bank and first Nigerian joint stock company to be listed on London stock exchange and Deutsche Borse in that same year GTB placed Nigerian first private Eurobond issues on the international capital market.

GTB introduced online banking and SMS banking in Nigeria and also naira denominated MasterCard, platinum, and world signa cards. In the year 2008, the bank was given a banking license for the United Kingdom by the financial services authority. During the 20th anniversary, the Nigerian postal service issued a set of GTB anniversary postage stamps, this was recorded as this was the first time in Nigeria that a corporate organization was honoured in such a way.

The bank is a partner of the Eko Atlantic city an Island of 820 ha in the Atlantic ocean which is Adjacent to the Victoria Island Lagos. In the year 2011, GTB became the biggest bank in Nigeria by market capitalization. There are actually some amazing facts we need to know about GTB. Below are the top 10 facts you would find interesting about this bank.

  1. Guaranty Trust Bank (GTB) has over 150 branches in Nigeria and runs nationwide more than 250 ATMs
  2. In the year 2008, the bank has a total of over 6,000 employees.
  3. Tayo Aderinokun is the company chief executive officer, J.K Olusegun Agbaje is Deputy managing director, Jide Ogundare, Habib Abba, TiTi Osuntoki, Cathy Echeoze and Farouk Bello Banza are executive directors on bard while Owelle Gilbert P.Chikelu is chairman of the board.
  4. Guaranty Trust Bank (GTB) is the third biggest banks in Nigeria, headquarters in Victoria Island Lagos. Bank was registered in the year 1990, incorporated in July 1990, began operations in the year 1991.
  5. Guaranty Trust Bank (GTB) has 231 branches, 17 cash centres, 18 e branches, GT express junctions and more than 1185 ATMs in Nigeria.
  6. Guaranty Trust Bank has expanded to Ghana, Sierra Leone, Kenya, Uganda, Rwanda, Gambia, Liberia and many other countries.
  7. GTB acquired a 70% stake in Fina Bank, this war when they expanded to the East African market, as a result of this, Fina bank will now be renamed and rebranded Guaranty Trust Bank (GTB) this took place in the year 2013.
  8. The bank was given a banking license for the United Kingdom this took place on 12th March 2008.
  9. GT bank long-term debts are rated BB by Standard and Poor and AA by Fitch Ratings.
  10. In the year 2007, they place the first Eurobond issue on international markets,

GT bank has been known as one of the best banks in Nigeria, they operate accounts for different companies. The bank is reliable and can be trusted for valuables and different things. GT bank is a standard bank which has been in existence for a long time now, the bank has lots of services which can be accessible by its customers and their day to day transactions can be carried out successfully, the bank was established to serve its customers right and this has been done effectively by the managers of the system.

I believe now you know a lot of facts about this wonderful financial institution. That’s all on GTBank Exchange Rate Dollar To Naira Euro Pounds Rates Today September.

Conclusively, Naijaquest.com would like to know how much GTB charged you and your verdict on it through the comment box and like us on facebook @ facebook.com/9jaquest or follow us on twitter @ twitter.com/NaijaQuest. Thanks.

Related:

Tags: gtbank exchange rate today , gtb nigeria exchange rate , guarantee trust bank dollar exchange rate , gtbank foreign exchange rate , gtbank dollar to naira exchange rate , gtbbank

Summary
Review Date
Reviewed Item
GTBank Exchange Rate Dollar To Naira Today
Author Rating
51star1star1star1star1star
Updated: October 18, 2017 — 2:50 am

30 Comments

Add a Comment
  1. I want to order for a package online using Gtbank master card. Some told me that they charges 315 official prize but I have not really confirmed what they charges. I would like to hear from people who have done transactions with them recently

    1. Hello Kingsley, I still made payment on seoclerks {dollar charges} with my gtb naira master card few days ago, what we have above in the post is the amount they charged not 315.
      {reply valid as at the time of this response}

      1. Abdulsamad Ahmed Ibrahim

        hello
        with gt naira master card they charge at N321 to a naira i did some transaction during the 11.11 Aliexpress sales.
        regards

    2. Well done my brother GTB charge from the black market rate once u know the black market rate u can go ahead and make your transaction don’t be fool with the official rate sir.

    1. Thanks Temitope

  2. GT Bank rates charged on POS is at around 400/- but very unpredictable as transactions are declined often. As of now they have even stopped International transactions on Card.

    1. Thanks Deb, yeah guarantee trust bank is very unstable lately. and You are right, most major Nigerian banks have stopped international ATM withdrawal

  3. Pls what if I want to receive a foreign payment into my GTBANK? Whats the rate.

  4. Yes please I would also want to know, the money is in Euros like 40 euros, what would the nigerian amount be. thanks

  5. I’m finding it difficult to do foreign transaction with my gtb master card….ve they stopped foreign transaction like other banks too?

    1. No Stephanie, Gtbank did not stop foreign transaction with your gtbank naira master card. They only limited it to maximum of 100$ per month. If you want to carryout more fx transaction, you would need to get a dom gtbank master card

      1. A friend of mine actually tried to withdraw drom gtb debit mastercard from the uk but couldnt….

  6. pls i want to know how i can recieve my token from where i am now cos i just downloaded the gtbank internet application form and which website do i send or foward my request to cos i have an account with the bank but im not in nigeria now iam in the uae so how do i get this token and which site do i send my form to

    1. Hello Daniel
      Gto gtbank.com, check their contacts page for gtconnect or use their instant chat to get across them.

  7. Guy you are good

  8. my firstbank mastercard stopped paying since october. and i pay for services online with dollar including adverts. but my card is not working. How do i use the gtb card? then the dom account, does it require me to source the dollars myself? is ther no automated way?

  9. what is the way forward to carry out simple foreign transactions on online websites? Does anyone have any idea?

    1. Hello Synti
      You have two options
      1. Some banks still allow foreign transactions buh with monthly limit on their naira master card eg. GTBank – $100 , Access bank – $200
      2. Goto your bank, open a domiciliary account and request for the dom ATM card, you can make foreign transactions on that without limit.

      Hope that helps

  10. If i make an ATM withdrawal OF say USD100 from my GTB bank master card, what will be the amount of naira that will be debited from my Naija account

    1. Hello oliver
      Just multiply $100 with the current rate within the post

  11. Please At what rate does GTBank convert my naira to dollar when I’m paying into a dollar account?

  12. I want to buy dollars to settle my bill outside Nigeria, what can I do?

    1. CBN new policy will make things easier for us i guess but i am not sure yet since they are basically doing it for students overseas and businessess overseas. But for sure banks has been empowered to carry out forex activities with immediate effects not higher than N375/$.

  13. Please where is the safest place buy dollar @ good rate. I need contacts please.

  14. Now that dollar is N510, is this info updated sir?

  15. As at yesterday 23-05-2017, GTBank Dollar-Naira exchange was N399/$. I bought goods online and that’s what i was charged. i felt so bad because i though its still N320/$ as it was in march when i last initiate an international transaction.

    1. It is a pitty.

  16. God will help us in this country called Nigeria.

  17. Please want to recieve some dollars into my saving naira account, and i want to know the exchange rate to be expecting from GTB.

Leave a Reply

Your email address will not be published. Required fields are marked *

NaijaQuest © 2017 Shrf Interactive
error: Content is protected !!