Rate to Remit

NGN to GBP today

1 NGN = 0.000555 GBP

Official central rate for 2026-10-30, Source: Central Bank of Nigeria. 1 GBP = 1,802.91 NGN.

On 84% of the 243 days NGN/GBP was published in the year to 30 October 2026, one NGN bought fewer British pounds than it does today. Over that year the published rate ranged from 0.000511 to 0.000569 GBP.

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 NGN to GBP

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

55.47 GBP

Official central rate vs what you’ll actually get

The NGN/GBP 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 ₦200.00 fee, sending ₦100,000 delivers about £55 instead of the £55 the official central rate implies — a difference of £1.

United Kingdom: 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.

NGN to GBP over time

30 days
0.000549 0.000559 0.000569 30 Sep 13 Oct 30 Oct
High 0.000569 (2026-10-07) · low 0.000549 (2026-10-23) · -2.05%
1 year
0.000511 0.000540 0.000569 Oct 2025 Apr 2026 Oct 2026
High 0.000569 (2026-10-07) · low 0.000511 (2025-12-18) · +4.95%
5 years
0.000460 0.001278 0.002096 2021 2024 2026
High 0.002183 (2022-09-28) · low 0.000447 (2024-09-25) · -68.84%
Since 2001
0.000469 0.003345 0.006221 2001 2014 2026
High 0.006255 (2002-01-28) · low 0.000447 (2024-09-25) · -91.08%

What this record shows

  • Across the 6,078 days published since 2001-12-10, one NGN has bought as much as 0.006255 GBP (on 2002-01-28) and as little as 0.000447 GBP (on 2024-09-25).
  • 5 years ago, on 2021-11-01, one NGN bought 0.001780 GBP. Today it buys 0.000555 — a change of -68.84%.
  • The largest move between one publication and the next was -31.39%, from 0.003562 on 2016-06-17 to 0.002444 on 2016-06-20.
  • 2023 was the widest calendar year in the record: 0.000755 to 0.001873 GBP, 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 British pounds elsewhere on this page use today’s rate only.

NGN to GBP 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, GBP per NGN.
Period High Low Average Change
30 days 0.000569 0.000549 0.000563 -2.05%
52 weeks 0.000569 0.000511 0.000542 +3.37%
5 years 0.002183 0.000447 0.001012 -68.84%

Annualised volatility over the last year: 8.89%.

Common NGN amounts in GBP

Nigerian naira British pound Detail
₦1,000 £1 1k Nigerian naira to GBP
₦5,000 £3 5k Nigerian naira to GBP
₦10,000 £6 10k Nigerian naira to GBP
₦50,000 £28 50k Nigerian naira to GBP
₦100,000 £55 100k Nigerian naira to GBP
₦200,000 £111 200k Nigerian naira to GBP
₦500,000 £277 500k Nigerian naira to GBP
₦1,000,000 £555 1 million Nigerian naira to GBP
₦5,000,000 £2,773 5 million Nigerian naira to GBP
₦10,000,000 £5,547 10 million Nigerian naira to GBP

Yearly averages

Averages of the published official central rates for each calendar year.
Year Average High Low
2026 0.000546 0.000569 0.000518
2025 0.000501 0.000546 0.000457
2024 0.000545 0.000926 0.000447
2023 0.001344 0.001873 0.000755
2022 0.001914 0.002183 0.001758
2021 0.001826 0.002091 0.001716
2020 0.002204 0.002812 0.001930
2019 0.002558 0.002713 0.002438
2018 0.002453 0.002597 0.002288
2017 0.002545 0.002722 0.002411
2016 0.003031 0.003673 0.002342
2015 0.003405 0.003986 0.003120
2014 0.003881 0.004098 0.003752
2013 0.004122 0.004331 0.003896
2012 0.004060 0.004208 0.003951
2011 0.004109 0.004345 0.003935
2010 0.004366 0.004722 0.004136
2009 0.004368 0.005311 0.003922
2008 0.004640 0.005804 0.004236
2007 0.004027 0.004338 0.003866
2006 0.004280 0.004564 0.003993
2005 0.004198 0.004551 0.003919
2004 0.004107 0.004362 0.003874
2003 0.004763 0.005093 0.004113
2002 0.005556 0.006255 0.004904

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.