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GBP to NGN Travel Money Compared

GBP-NGN Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 
   

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 = 1,984.6 NGN
90dLows
1d−0.4%
GBP to NGN is at 90-day lows near 1967, 3.8% below its 3-month average of 2045, having traded in a relatively stable 6.2% range from 1967 to 2089
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Tracker

Is the GBP to NGN Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Nigerian naira is to review how the GBP/NGN rate has changed over time.

The table below shows the percentage change in the GBP to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateGBP/NGNChangePeriod
22 Sep 2025
2019.45
2.2% 2 Week
08 Jul 2025
2084.00
5.3% 3 Month
06 Oct 2024
2140.52
7.8% 1 Year
07 Oct 2020
496.85
297.4% 5 Year
09 Oct 2015
305.09
547.2% 10 Year
11 Oct 2005
228.14
765.4% 20 Year
GBP/NGN historic rates & change to 06-Oct-2025
GBP to NGN currently sits at 1,967, down 3.8% from a three-month avg of 2,045. Analysts note pressures from UK's budget concerns and stagnant wage growth, while NGN's slight strength is thanks to CBN interventions and IMF-backed reforms. Keep an eye on oil prices impacting NGN further

 

GBP to NGN Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Nigerian naira across a range of amounts.

This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :

GBP NGN
GBP NGN
£ 0.0005 ₦ 1
£ 0.0025 ₦ 5
£ 0.0050 ₦ 10
£ 0.0101 ₦ 20
£ 0.0252 ₦ 50
£ 0.0504 ₦ 100
£ 0.1260 ₦ 250
£ 0.2520 ₦ 500
£ 0.5040 ₦ 1,000
£ 1.0080 ₦ 2,000
£ 2.5200 ₦ 5,000
£ 5.0400 ₦ 10,000
£ 10.08 ₦ 20,000
£ 25.20 ₦ 50,000
£ 50.40 ₦ 100,000

More amounts

*Converted at the current GBP-NGN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
   
Nigeria

Everyday Costs in in Nigeria

How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.

Currency Guide for Nigeria (ISO Code: NG)

For travelers planning a one-week mid-range stay in Nigeria, preparing a budget of around ₦350,000 to ₦500,000 (approximately $400 to $600) should provide a comfortable experience. Below is a breakdown of typical daily expenses you might encounter during your visit, which can help in planning your funds:

  • 🍽️ Meal at a local restaurant: ₦3,000 - ₦5,000
  • ☕ Coffee: ₦1,000 - ₦2,500
  • 🚍 Public transport fare: ₦200 - ₦500
  • 📱 Prepaid SIM card: ₦1,500 - ₦3,000
  • 🏨 Budget hotel or Airbnb: ₦10,000 - ₦20,000 per night

In general, Nigeria offers an affordable travel experience compared to many Western countries. When contrasted with the United States, for instance, daily costs in Nigeria can be significantly lower, with meals and accommodations often costing a fraction of those in the US. Similarly, compared to the UK, where expenses can be quite high for a similar mid-range experience, Nigeria certainly presents a cheaper option for savvy travelers.

Expat Living in Nigeria

For expats settling into life in Nigeria, the average monthly living costs can range between ₦150,000 and ₦380,000, depending on lifestyle choices. This includes rent, groceries, utilities, and transportation. Banking in Nigeria has seen significant improvements, but it's advisable to have both local bank accounts and international ones. Credit and debit cards are widely accepted in urban areas, though cash is still king, especially in more rural regions. When it comes to sending and receiving money, online transfer services like Wise or OFX often provide better rates and lower fees compared to exchanging money at banks or local exchanges. For best rates, consider exchanging money locally; however, using a reliable online service can be convenient for larger remittances, ensuring more value over time.

 

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