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NGN to GBP Transfers Compared

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’.

 
 

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 = 0.000539 GBP
1d+0.6%
14dLows
NGN to GBP at 0.000543 is 2.8% above its 3-month average of 0.000528, having traded in a fairly volatile 8.9% range from 0.000508 to 0.000553
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Tracker

Currency Forecasts related to NGN/GBP

GBP to NGN Exchange Rate Forecast & Outlook

In the near term, GBP/NGN is trading close to recent lows within its 3-month range, holding near 1841. The dominant driver from...

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USD to GBP Exchange Rate Forecast & Outlook

In the near term, USD/GBP is holding near its recent range as the current drivers are not aligned clearly enough for a stronger...

Read forecast

EUR to GBP Exchange Rate Forecast & Outlook

In the near term, EUR/GBP is trading close to 30-day lows near 0.8659, holding near its 90-day average. The pair remains within a...

Read forecast

GBP/NGN Outlook: Slightly weaker, likely to move sideways near recent lows as it's 2% below its average. Key drivers: Rate gap with BoE's cautious stance vs Nigeria's naira stability; rising oil prices impacting inflation. Range: Drifting within recent volatility. Potential improvement in UK data could strengthen GBP; geopolitical tensions may weigh on GBP performance

 

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 £ 0.0054
₦ 20 £ 0.0108
₦ 50 £ 0.0270
₦ 100 £ 0.0539
₦ 250 £ 0.1348
₦ 500 £ 0.2695
₦ 1,000 £ 0.5390
₦ 2,000 £ 1.0780
₦ 5,000 £ 2.6950
₦ 10,000 £ 5.3900
₦ 20,000 £ 10.78
₦ 50,000 £ 26.95
₦ 100,000 £ 53.90
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: