Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

GBP to NGN 2026 Forecasts

Analysis of recent sterling → naira forecasts for 2026. We collate forecasts from respected FX analysts together with the latest British pound to Nigerian naira performance and trends.

 

The GBP to NGN exchange rate is currently range-bound, trading at 1945, slightly above its three-month average of 1934.

Key drivers include the interest rate policies of the Bank of England (BoE) and a significant depreciation outlook for the Nigerian Naira (NGN). The BoE's recent signals suggest a cautious approach to rate cuts, with future decisions to ease policy being closely evaluated. In contrast, forecasts predict a depreciation of the Naira, influenced by projected inflation spikes and fiscal concerns in Nigeria, despite expected economic growth. Global oil prices may also impact the NGN, as fluctuations in crude prices can affect Nigeria’s oil-dependent economy.

The near-term trading range for GBP to NGN is expected to remain stable but somewhat volatile, within recent levels. Upside risks include stronger-than-expected growth in the UK, while downside risks are posed by worsening inflation in Nigeria, which could further weaken the Naira.

GBP-NGN Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to NGN Market Data

British pound (GBP) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell GBP   →   Buy NGN
1 GBP =
1,944.8We compare provider deals to this wholesale mid-market rate. Read more
NGN
1d−0.8%▼
 
GBP to NGN at 1945 is just 0.6% above its 3-month average of 1934, having traded in a quite stable 5.9% range from 1878 to 1989
|
Tracker

Manage Tracker   

Compare & Save - British pound to Nigerian naira

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare British pound (GBP) to Nigerian naira (NGN) rates from different sources before making a conversion.

Use our GBP to NGN calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Sterling to Naira currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the Nigerian naira?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the British pound vs Nigerian naira current value is to look the GBP/NGN historic rate and change over a range of periods.

The following table looks at the change in the GBP to NGN exchange rate over periods from the previous week back to the last 10 years.

DateGBP/NGNChangePeriod
18 Dec 2025
1950.91
0.3% ▼2 Week
03 Oct 2025
1983.25
1.9% ▼3 Month
01 Jan 2025
1939.54
0.3% ▲1 Year
02 Jan 2021
542.41
258.5% ▲5 Year
04 Jan 2016
293.42
562.8% ▲10 Year
06 Jan 2006
228.79
750% ▲20 Year
GBP/NGN historic rates & change to 01-Jan-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/NGN to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more