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Naira to british pound today

British pound · Nigerian naira · official rate

Official rate, CBN

1NGN0.0005546GBP

+0.00000409GBP+0.74%against the rate of 05.11
The other way1GBP1,802.96NGN
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 GBP1,802,957.60
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

This page shows how much a single Nigerian naira is worth in British pounds, using the official rate of the day. The figure is small because the naira trades far below the pound, so a single unit converts to a fraction of a penny. The table of round local amounts makes it easier to read: find the naira amount you have, and the pound value sits beside it. Use it when you are selling local currency, paying a foreign bill from naira, or checking what a small sum buys abroad. The rate is published once on working days and comes from the Central Bank of Nigeria.

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