What is the
WorldRemit Send Money conversion rate for NGN to GBP?
The WorldRemit NGN to GBP exchange rate is 0.0005. This is 4% compared to the latest NGN-GBP mid-market rate 0.000481.
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
WorldRemit - Naira to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest NGN-GBP mid-rate and the possible savings of using various providers.
How do WorldRemit 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% from the latest mid-market rate 0.000481.
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
like WorldRemit or platforms that offer rates closer to the mid-market rate.