Compare Best NGN to GBP Exchange Rate Deals

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 = 0.000478 GBP

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30d-highs

NGN to GBP at 0.000478 is just below its 3-month average, having traded in a fairly volatile 9.7% range from 0.000463 to 0.000508

12-JUN 8PM-NY 13-JUN 1AM-LON 8AM-HK 10AM-SYD

Tracker

1 GBP = 2,092.5 NGN

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
24 May 2025	0.000464	2 Week
09 Mar 2025	0.000511	3 Month
07 Jun 2024	0.000534	1 Year
08 Jun 2020	0.002026	5 Year
10 Jun 2015	0.003241	10 Year
12 Jun 2005	0.004130	20 Year

NGN/GBP historic rates

#FX Update: GBP/NGN trading at 2099, up 0.5% vs 3-month avg. UK GDP contraction of 0.3% in Apr initially hit £, but recovered vs weaker currencies. Analysts expect pound to lack direction amid quiet UK data calendar while NGN faces ongoing economic pressures despite stable oil prices

@bestfxrates

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	£ 0.0239
₦ 100	£ 0.0478
₦ 250	£ 0.1195
₦ 500	£ 0.2390
₦ 1,000	£ 0.4780
₦ 2,000	£ 0.9560
₦ 5,000	£ 2.3900
₦ 10,000	£ 4.7800
₦ 20,000	£ 9.5600
₦ 50,000	£ 23.90
₦ 100,000	£ 47.80

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 4.6% compared to the mid-market rate 0.000478.

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 comparison table the best NGN to GBP exchange rate is 0.0005 from WorldRemit, 4.6% from the mid-market rate 0.000478.

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