Live Rate
Refreshing in: 60s | Mon, Mar 23, 09:47PM GMT
Best ways to send money to Nigeria
Looking for the best exchange rate?
There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. Keep in mind that we don't compare every product in the market, but we hope that our tools and information will allow you to compare your options and find the best service for your needs.Today's best GBP to NGN exchange rates
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Use the currency transfer calculator below to compare exchange rates and fees for sending GBP to Nigeria.
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Finder Score for international money transfer services
To make comparing even easier we came up with the Finder Score. Fees, features and customer service across the most popular international money transfer services are all weighted and scaled to produce a score out of 10. The higher the score the better the service – simple.
Read the full methodologyBritish pound
The British pound is the official currency of the United Kingdom and a handful of British territories. The British pound is the oldest independent currency in the world that’s still used today. Some nicknames for the British pound include pound sterling, quid and even just sterling.
| Currency: | British pound |
| Currency Symbol: | £ |
| Sub unit: | penny |
| Bank notes: | £5, £10, £20, £50 |
| Coins: | £1, £2, 1p, 2p, 5p, 10p, 20p, 50p |
Nigerian naira
The Nigerian naira is the official currency of Nigeria. The naira is managed by the Central Bank of Nigeria and was introduced in 1973 to replace the Nigerian pound.
| Currency: | Nigerian naira |
| Currency Symbol: | ₦ |
| Sub unit: | Kobo |
| Bank notes: | ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000 |
| Coins: | ₦1, ₦2, 50 |
Is the Nigerian naira getting stronger?
Compared to a month ago, the Nigerian naira is getting weaker against the British pound. Currently 100 British pounds is equivalent to 200 Nigerian nairas. A month ago, 100 British pounds was worth 183370 Nigerian nairas. This means we've seen an increase of ₦-183170 (-99.89%) over the past month.
Today's market rate for common transfer amounts GBP to NGN
| British pound (GBP) | Nigerian naira (NGN) |
|---|---|
| £1 | ₦2,260.5939 |
| £100 | ₦226,059.3859 |
| £500 | ₦1,130,296.9297 |
| £1,000 | ₦2,260,593.8594 |
| £1,500 | ₦3,390,890.7891 |
| £2,500 | ₦5,651,484.6485 |
| £5,000 | ₦11,302,969.2971 |
Past 10 days: GBP to NGN
Past 10 months: GBP to NGN
Past 10 years: GBP to NGN
Past 4 days: GBP to NGN
Past 4 months: GBP to NGN
Past 4 years: GBP to NGN
Past 5 days: GBP to NGN
Past 5 months: GBP to NGN
Past 5 years: GBP to NGN
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
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