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NGN to GBP Transfers Compared

NGN-GBP Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to the United Kingdom can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the United Kingdom bank accounts or pay a British pound invoice.

 
   

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 = 0.000547 GBP
1d0.0%⬦
Tracker
  1 GBP = 1,829.1 NGN

90-day market context

NGN to GBP at 0.000547 is near its 3-month average, having traded in a quite stable 4.3% range from 0.000534 to 0.000557
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Currency Forecasts related to NGN/GBP

GBP to NGN Exchange Rate Forecast & Outlook

Currently, GBP/NGN is trading close to 7-day highs at 1817, supported by risk-off sentiment and Nigeria's FX stabilisation efforts. Over the next few sessions, the pair may face pressure and consolidate within...

Read forecast

USD to GBP Exchange Rate Forecast & Outlook

Currently, USD/GBP is trading close to 0.75, just above its 90-day average of 0.7456. The pair is consolidating within its recent range, with risk sentiment favoring safe havens.

Read forecast

EUR to GBP Exchange Rate Forecast & Outlook

Currently, EUR/GBP is trading near 0.8564, close to its 90-day lows and below the 3-month average of 0.8659. Risk-off sentiment dominates, supported by UK economic pressures and policy uncertainties weighing on sterling.

Read forecast

GBP/NGN trades around 1817 with mild downside risk amid global risk-off. Range-bound for now, the pair could weaken with renewed caution or rise if Nigeria’s FX stabilises. Transfers may become slightly less favourable soon.

 

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 £ 0.0027
₦ 10 £ 0.0055
₦ 20 £ 0.0109
₦ 50 £ 0.0274
₦ 100 £ 0.0547
₦ 250 £ 0.1368
₦ 500 £ 0.2735
₦ 1,000 £ 0.5470
₦ 2,000 £ 1.0940
₦ 5,000 £ 2.7350
₦ 10,000 £ 5.4700
₦ 20,000 £ 10.94
₦ 50,000 £ 27.35
₦ 100,000 £ 54.70
NGN GBP

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?

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?

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.

 

View a full list of exchange rates by selecting your Base (from) currency: