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’.
British pound (GBP) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
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 British pound against the Nigerian naira is to review how the GBP/NGN rate has changed over time.
The table below shows the percentage change in the GBP to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | GBP/NGN | Change | Period |
|---|---|---|---|
12 Dec 2025 | 1942.52 | 0.9% ▲ | 2 Week |
27 Sep 2025 | 1992.01 | 1.7% ▼ | 3 Month |
26 Dec 2024 | 1936.34 | 1.2% ▲ | 1 Year |
27 Dec 2020 | 526.60 | 272% ▲ | 5 Year |
29 Dec 2015 | 295.07 | 563.9% ▲ | 10 Year |
31 Dec 2005 | 225.07 | 770.4% ▲ | 20 Year |
The exchange rate forecast for the GBP to NGN indicates a complex interplay of monetary policy changes in the UK and ongoing reforms in Nigeria that may...
The recent movements in the GBP to USD exchange rate reflect a complex interplay of economic factors from both the UK and the US.
The USD to NGN exchange rate has been influenced by a plethora of recent economic developments.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Nigerian naira across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-NGN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to NGN exchange rate is 1943.87 from Wise. This is -0.75% compared to the mid-market rate 1,958.6.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Nigerian naira (NGN) rates from different sources before making a conversion.
The above Sterling to Naira 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 GBP-NGN mid-rate and the possible savings of using various providers.
Looking at the full GBP to NGN - Send Money comparison table the provider with the best GBP to NGN exchange rate is Wise at 1943.87, -0.75% from the latest mid-market rate 1,958.6.
The next best is Western Union at 1929.18, -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is -73.4371 at -103.7% the Royal Bank of Scotland rate is -61.6857 at -103.1% and the Barclays Bank rate is -67.5614 at -103.4% compared to the mid-rate 1,958.6.
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:
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