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1000 British pounds to naira today

British pound · Nigerian naira · official rate

Official rate, CBN

1,000GBP1,802,957.60NGN

−13,393.50NGN−0.74%against the rate of 05.11
At the rate of1GBP1,802.96NGN
Source
Central Bank of Nigeria, central rate (official) 1
Published
working days, expected by 18:00 WAT
Live interbank
third-party widget, not this figure

A bank or a bureau will quote two other rates. It buys below this figure and sells above it; the gap is its margin, and a fee may come on top.

British pound and naira converter

Amount × the official rate of the CBN. The answer is already worked out for an example; change the amount or the currency to recalculate.

1,000 GBP in naira

1,802,957.60NGN

The other way:1,000 NGN0.5546GBP

At the CBN official rate, . How the rate is set

At a bank or a bureau you will get a different amount: it changes at its own buying and selling rates, not at this one, and may charge a fee.

Before you change money

Ask for the rate and the fee in writing and compare what you would get with this answer. The difference is what the exchange costs you.

Round amounts

At the official rate of CBN. Each amount has its own page where there is one.

GBP → NGN · Rate
AmountIn NGN
1 GBP1,802.96
10 GBP18,029.58
100 GBP180,295.76
1,000 GBPthis page1,802,957.60
NGN → GBP · Rate
AmountIn GBP
1,000 NGN0.5546
5,000 NGN2.77
10,000 NGN5.55
50,000 NGN27.73
100,000 NGN55.46
500,000 NGN277.32
1,000,000 NGN554.64
5,000,000 NGN2,773.22

The figure on this page is the amount you get when you convert 1,000 British pounds to Nigerian naira at the official rate of the day, . It is the pound sterling rate published by the Central Bank of Nigeria multiplied by the amount. What a bank or bureau de change actually pays you will differ, because each applies its own margin and fee.

Sources

Every figure on this page points here by its number.

  1. 1Central bankCentral Bank of Nigeriacbn.gov.ngofficial rates, once a working day
  2. 2ReferenceFrankfurter, reference rates of central banks (ECB-based)frankfurter.devCAD and AUD per dollar, for the rows worked out through the dollar
  3. 3WidgetTradingViewtradingview.comthe live widget only; never a printed figure