GBP to NGN

Convert British Pound Sterling to Nigerian Naira

1 GBP = 2,034.3312 NGN

Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

Multiply the amount in British Pound Sterling (GBP) by 2000 (multiply by 1000 and then double it) to get it in Nigerian Naira (NGN)

How to convert British Pound Sterling to Nigerian Naira

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert GBP to NGN

The cost of converting GBP to NGN depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

British Pound Sterling to Nigerian Nairas conversion rates

1 GBP2,034.33 NGN
5 GBP10,171.66 NGN
10 GBP20,343.31 NGN
20 GBP40,686.62 NGN
50 GBP101,716.56 NGN
100 GBP203,433.12 NGN
250 GBP508,582.79 NGN
500 GBP1,017,165.58 NGN
1000 GBP2,034,331.16 NGN
2000 GBP4,068,662.31 NGN
5000 GBP10,171,655.78 NGN
10000 GBP20,343,311.57 NGN
1 NGN0.00 GBP
5 NGN0.00 GBP
10 NGN0.00 GBP
20 NGN0.01 GBP
50 NGN0.02 GBP
100 NGN0.05 GBP
250 NGN0.12 GBP
500 NGN0.25 GBP
1000 NGN0.49 GBP
2000 NGN0.98 GBP
5000 NGN2.46 GBP
10000 NGN4.92 GBP

Top Currency Pairings for British Pound Sterling


NGN to GBP

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GBP to MXN

GBP to SGD
Looking for another GBP currency pair?

How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

The GBP, also known as the British Pound Sterling, is the official currency of the United Kingdom. It is widely accepted as legal tender in England, Scotland, Wales, and Northern Ireland.

NGN stands for Nigerian Naira, which is the official currency of Nigeria. It is used as legal tender exclusively in Nigeria.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
United Kingdom€90€70
Nigeria€40€20
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.