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’.
NGN to GBP Market Data
Nigerian naira (NGN) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell NGN →
Buy GBP
1 NGN = 0.000494 GBP
▲+0.8%
90d-highs
NGN to GBP at 0.000493 is 3.6% above its 3-month average of 0.000476, having traded in a relatively stable 6.5% range from 0.000464 to 0.000494
Is the NGN to GBP 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 Nigerian naira against the British pound is to review how the NGN/GBP rate has changed over time.
The table below shows the percentage change in the NGN to GBP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
NGN/GBP
Period
12 Jul 2025
0.000485
2 Week
27 Apr 2025
0.000467
3 Month
26 Jul 2024
0.000468
1 Year
27 Jul 2020
0.001994
5 Year
29 Jul 2015
0.003221
10 Year
31 Jul 2005
0.004218
20 Year
NGN/GBP historic rates
GBP to NGN shows mixed trends, with the pound down 3.5% from its 3-month average amid UK uncertainty and inflation pressures in Nigeria. Analysts highlight ongoing UK economic conditions and oil prices as key factors influencing both currencies. Stay alert to market shifts for optimal transactions
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NGN to GBP 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 Nigerian naira are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different NGN amounts at today’s rate * :
What is the
best Send Money conversion rate for NGN to GBP?
The best NGN to GBP exchange rate is 0.0005 from WorldRemit. This is 1.2% compared to the mid-market rate 0.000494.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Nigerian naira (NGN) to British pound (GBP) rates from different sources before making a conversion.
The above
Naira to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest NGN-GBP mid-rate and the possible savings of using various providers.
How do NGN-GBP rates compare between providers?
Looking at the full
NGN to GBP - Send Money comparison table the provider with the best NGN to GBP exchange rate is WorldRemit at 0.0005, 1.2% from the latest mid-market rate 0.000494.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.