Convert GBP to NGN — live rate

Convert British Pounds to Nigerian Nairas and compare the real cost of sending money.

GBP
NGN
1 GBP = 1905.9400 NGN • Mid-market rate
Updated just now
Compare transfers for GBP → NGN
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Historical GBP/NGN exchange rate

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

Quick reference: GBP to NGN

1 GBP → 1,905.94 NGN
5 GBP → 9,529.70 NGN
10 GBP → 19,059.40 NGN
50 GBP → 95,297.00 NGN
100 GBP → 190,594.00 NGN
500 GBP → 952,970.00 NGN
1,000 GBP → 1,905,940.00 NGN
5,000 GBP → 9,529,700.00 NGN

Real cost of GBP → NGN

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 GBP
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

GBP — British Pound
ISO Code GBP
Symbol £
Central Bank Bank of England
Common Notes £5, £10, £20, £50
Learn more about GBP
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

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