Rate to Remit

GBP to NGN today

1 GBP = 1,802.91 NGN

Official central rate for 2026-10-30, Source: Central Bank of Nigeria. 1 NGN = 0.000555 GBP.

On 16% of the 243 days GBP/NGN was published in the year to 30 October 2026, one GBP bought fewer Nigerian naira than it does today. Over that year the published rate ranged from 1,757.27 to 1,957.35 NGN.

That describes rates that were published in the past. It is not a prediction, it does not indicate what the rate will do next, and it is not advice about whether or when to transfer money.

Convert GBP to NGN

Type a number, or words like 500k, 1 million or 20k.

1,802,910.00 NGN

Official central rate vs what you’ll actually get

The GBP/NGN rate above is the official central rate published by Central Bank of Nigeria official NFEM rate on 2026-10-30. It is the reference point, not a price you can transact at.

Why the amount received is lower

  • Transfer fee. A flat charge, or a percentage, taken by the sending service.
  • Exchange rate markup. Most services apply a spread to the reference rate. This is usually the larger cost and is often not shown as a fee.
  • Receiving method. Bank deposit, mobile wallet and cash pickup can carry different rates and charges.
  • Timing. Reference rates are published once per working day; a transfer is priced when it is executed.

What a markup costs

Illustration only, not a quote from any provider: at a 1.5% markup with a £4.00 fee, sending £1,000 delivers about ₦1,768,763 instead of the ₦1,802,910 the official central rate implies — a difference of ₦34,147.

Nigeria: This is the Central Bank of Nigeria official rate. Rates offered by banks, transfer services and informal markets may differ.

Compare an offer against this rate

If a bank or transfer service has quoted you a rate and a fee, put them in here. It works out what you would receive at their rate after their fee, what the same amount comes to at the reference rate above, and the difference between the two.

The reference rate is not a rate anyone is obliged to offer, and a difference from it is not evidence of wrongdoing: providers carry real costs, and the spread is how most of them are paid rather than through the fee. This is arithmetic on figures you entered, to make the cost visible. It is not advice, and not a claim about any provider.

GBP to NGN over time

30 days
1,757.27 1,789.03 1,820.79 30 Sep 13 Oct 30 Oct
High 1,820.79 (2026-10-23) · low 1,757.27 (2026-10-07) · +2.09%
1 year
1,757.27 1,857.31 1,957.35 Oct 2025 Apr 2026 Oct 2026
High 1,957.35 (2025-12-18) · low 1,757.27 (2026-10-07) · -4.71%
5 years
477.06 1,325.93 2,174.79 2021 2024 2026
High 2,235.24 (2024-09-25) · low 458.01 (2022-09-28) · +220.97%
Since 2001
160.74 1,145.85 2,130.96 2001 2014 2026
High 2,235.24 (2024-09-25) · low 159.87 (2002-01-28) · +1021.64%

What this record shows

  • Across the 6,078 days published since 2001-12-10, one GBP has bought as much as 2,235.24 NGN (on 2024-09-25) and as little as 159.87 NGN (on 2002-01-28).
  • 5 years ago, on 2021-11-01, one GBP bought 561.71 NGN. Today it buys 1,802.91 — a change of +220.97%.
  • The largest move between one publication and the next was +45.74%, from 280.78 on 2016-06-17 to 409.22 on 2016-06-20.
  • 2023 was the widest calendar year in the record: 533.89 to 1,324.16 NGN, a spread of 148.0% between its lowest and highest published rates.

Every figure here is drawn from rates already published by the source named on this page. They describe what happened, carry no view on what any of it was worth, and say nothing about what the rate will do next. Amounts in Nigerian naira elsewhere on this page use today’s rate only.

GBP to NGN on a past date

Published history runs from 2001-12-10 to 2026-10-30. Sources publish on working days only, so a weekend or a holiday returns the rate published before it, and says so.

Rate statistics

Movement of the official central rate, NGN per GBP.
Period High Low Average Change
30 days 1,820.79 1,757.27 1,775.26 +2.09%
52 weeks 1,957.35 1,757.27 1,847.58 -3.26%
5 years 2,235.24 458.01 1,370.27 +220.97%

Annualised volatility over the last year: 8.89%.

Common GBP amounts in NGN

British pound Nigerian naira Detail
£100 ₦180,291 100 British pounds to NGN
£200 ₦360,582 200 British pounds to NGN
£500 ₦901,455 500 British pounds to NGN
£1,000 ₦1,802,910 1k British pounds to NGN
£2,000 ₦3,605,820 2k British pounds to NGN
£5,000 ₦9,014,550 5k British pounds to NGN

Yearly averages

Averages of the published official central rates for each calendar year.
Year Average High Low
2026 1,832.79 1,931.35 1,757.27
2025 1,999.16 2,185.96 1,831.78
2024 1,892.57 2,235.24 1,079.47
2023 807.21 1,324.16 533.89
2022 523.67 568.79 458.01
2021 548.44 582.66 478.21
2020 457.58 518.02 355.57
2019 391.27 410.21 368.66
2018 408.19 437.03 385.02
2017 393.23 414.71 367.41
2016 338.67 426.94 272.27
2015 294.71 320.56 250.85
2014 257.76 266.51 244.05
2013 242.80 256.69 230.87
2012 246.33 253.07 237.63
2011 243.45 254.15 230.15
2010 229.25 241.76 211.78
2009 230.17 254.95 188.28
2008 217.19 236.09 172.28
2007 248.44 258.68 230.52
2006 233.95 250.44 219.09
2005 238.68 255.17 219.74
2004 243.63 258.11 229.26
2003 210.56 243.12 196.34
2002 181.26 203.92 159.87

Where this rate comes from

Source: Central Bank of Nigeria. The rate is published directly by the source for 2026-10-30. Full detail is on the methodology page, including publication schedules and how derived rates are calculated.

Think this number is wrong? Report it and it will be checked against the source. Corrections are made to the data, not papered over.