Understanding the Table:
The comparison table above helps you see the total cost of your Nationwide Building Society 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’.
The best Business GBP to NGN exchange rate is 2049.15 from Wise.
As Business 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 Nationwide Building Society - Business Sterling to Naira comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Nationwide Building Society 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 Business GBP to NGN exchange rate is Wise at 2049.15.
The next best is Currencies Direct at 2041.94.
Then Western Union at 2027.54, .
Among the banks the Lloyds Bank rate is -76.2436 the Royal Bank of Scotland rate is -63.8932 and the Barclays Bank rate is 1986.37 compared to the mid-rate 2,058.4.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Nationwide Building Society 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:
