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 |
|---|---|---|---|
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 |
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 2083.28 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.
Looking at the full comparison table the best GBP to NGN exchange rate is 2083.28 from Wise. The next best rate is 2075.96 from Currencies Direct. Then Western Union with 2061.31.
Among the banks the Lloyds Bank rate is -77.5467 the Royal Bank of Scotland rate is -64.9904 and the Barclays Bank rate is 2019.46 compared to the mid-rate 2,092.7.
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.
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...
The USD to NGN exchange rate is currently experiencing significant fluctuations influenced by both U.S.
View a full list of exchange rates by selecting your Base (from) currency: