What is the current NGN to GBP exchange rate?

The current mid-market exchange rate is 1 NGN = 0.0005 GBP. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best NGN to GBP rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert NGN to GBP?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the NGN/GBP rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert Nigerian Nairas to British Pounds

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NGN

They receive

GBP

1 NGN = 0.0005 GBP • Mid-market rate

Updated just now

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Historical NGN/GBP exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: NGN to GBP

1 NGN → 0.00 GBP

5 NGN → 0.00 GBP

10 NGN → 0.01 GBP

50 NGN → 0.03 GBP

100 NGN → 0.05 GBP

500 NGN → 0.26 GBP

1,000 NGN → 0.51 GBP

5,000 NGN → 2.56 GBP

Currency snapshots

NGN — Nigerian Naira

ISO Code NGN

Symbol ₦

Central Bank Central Bank of Nigeria

Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000

Learn more about NGN

GBP — British Pound

ISO Code GBP

Symbol £

Central Bank Bank of England

Common Notes £5, £10, £20, £50

Learn more about GBP

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert NGN to GBP — live rate

Historical NGN/GBP exchange rate

Quick reference: NGN to GBP

Real cost of NGN → GBP

Estimated savings

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Currency snapshots