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’.
GBP to NGN Market Data
British pound (GBP) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to NGN 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 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
29 May 2025
2146.72
3% ▼
2 Week
14 Mar 2025
2011.04
3.5% ▲
3 Month
12 Jun 2024
1925.83
8.1% ▲
1 Year
13 Jun 2020
486.10
328.3% ▲
5 Year
15 Jun 2015
310.30
571% ▲
10 Year
17 Jun 2005
246.60
744.4% ▲
20 Year
GBP/NGN historic rates & change to 12-Jun-2025
#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
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 * :
What is the
best Travel Money conversion rate for GBP to NGN?
The best GBP to NGN exchange rate is 2083.42 from Wise.
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.
Recent forecasts for the GBP to NGN exchange rate reflect a mix of geopolitical developments and domestic economic indicators that are influencing market sentiment.
The recent dynamics in the GBP to USD exchange rate have been influenced by a combination of economic indicators and political developments, contributing to a...