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NGN to GBP Exchange Rates & Currency Deals

NGN-GBP 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’.

 
 
   

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 = 0.000479 GBP
-0.2%
NGN to GBP at 0.000477 is just 0.6% above its 3-month average of 0.000474, having traded in a fairly volatile 9.7% range from 0.000463 to 0.000508
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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:

DateNGN/GBPPeriod
21 Jun 2025
0.000479
2 Week
06 Apr 2025
0.000505
3 Month
05 Jul 2024
0.000514
1 Year
06 Jul 2020
0.002068
5 Year
08 Jul 2015
0.003271
10 Year
10 Jul 2005
0.004309
20 Year
NGN/GBP historic rates
GBP to NGN is currently at 2,097, slightly below the 3-month avg of 2,112. Analysts warn that without strong UK economic data, market activity may stay subdued, while Nigeria faces ongoing challenges with inflation over 23%. Stay alert to these factors in Intl transactions

 

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 * :

NGN GBP
₦ 1 £ 0.0005
₦ 5 £ 0.0024
₦ 10 £ 0.0048
₦ 20 £ 0.0096
₦ 50 £ 0.0240
₦ 100 £ 0.0479
₦ 250 £ 0.1198
₦ 500 £ 0.2395
₦ 1,000 £ 0.4790
₦ 2,000 £ 0.9580
₦ 5,000 £ 2.3950
₦ 10,000 £ 4.7900
₦ 20,000 £ 9.5800
₦ 50,000 £ 23.95
₦ 100,000 £ 47.90
NGN GBP
2.0000 £ 1
10.00 £ 5
20.00 £ 10
40.00 £ 20
100.00 £ 50
200.00 £ 100
500.00 £ 250
1,000 £ 500
2,000 £ 1,000
4,000 £ 2,000
10,000 £ 5,000
20,000 £ 10,000
40,000 £ 20,000
100,000 £ 50,000
200,000 £ 100,000

More amounts

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

 
 

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 4.4% compared to the mid-market rate 0.000479.

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, 4.4% from the latest mid-market rate 0.000479.

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.

 

Compare NGN to GBP Transfer Rates

   

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