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Compare today's GBP to NGN (British Pound to Nigerian Naira) exchange rates

Isle of Man
Nigeria
GBP

Interbank Exchange Rate: 1 GBP = 1,898.6811 NGN
Updated about 1 hours ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 GBP =
1 894 883.70 NGN
Transfer Limit (GBP): No Limits
Indicative Rate1 GBP = 1,894.8837 NGN

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about British Pound to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Isle of Man to Nigeria. Send money overseas to your loved ones by comparing British Pound (GBP) to Nigerian Naira (NGN) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Isle of Man to Nigeria.

The best rate to send Nigerian Naira from British Pound to your loved ones in Nigeria is currently offered by Verto; their 1 GBP to NGN exchange rate today is 1,894.8837.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Isle of Man.

Were you looking to send money from Nigeria to Isle of Man instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest GBP to NGN Conversion Rates

Here are some latest GBP to NGN (British Pound to Nigerian Naira) exchange rates for popular conversion amounts*.

1 GBP1,898.68 NGN
5 GBP9,493.41 NGN
10 GBP18,986.81 NGN
25 GBP47,467.03 NGN
50 GBP94,934.06 NGN
100 GBP189,868.11 NGN
150 GBP284,802.17 NGN
200 GBP379,736.22 NGN
250 GBP474,670.28 NGN
300 GBP569,604.33 NGN
400 GBP759,472.44 NGN
500 GBP949,340.55 NGN
600 GBP1,139,208.66 NGN
700 GBP1,329,076.77 NGN
800 GBP1,518,944.88 NGN
1,000 GBP1,898,681.10 NGN
1,500 GBP2,848,021.65 NGN
2,000 GBP3,797,362.20 NGN
2,500 GBP4,746,702.75 NGN
3,000 GBP5,696,043.30 NGN
4,000 GBP7,594,724.40 NGN
5,000 GBP9,493,405.50 NGN
10,000 GBP18,986,811.00 NGN
15,000 GBP28,480,216.50 NGN
20,000 GBP37,973,622.00 NGN
30,000 GBP56,960,433.00 NGN
40,000 GBP75,947,244.00 NGN
50,000 GBP94,934,055.00 NGN
100,000 GBP189,868,110.00 NGN

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Isle of Man to Nigeria money transfers?

There are many good choices when it comes to sending money from Isle of Man to Nigeria. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your British Pound to NGN money transfers.

We compare different remittance companies to bring you the best options to send money to Nigeria from Isle of Man. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your British Pound to Nigerian Naira money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Isle of Man to Nigeria?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Nigeria.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Isle of Man to Nigeria transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your GBP to Nigerian Naira money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money from Isle of Man to Nigeria?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Isle of Man to Nigeria via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for British Pound to Nigerian Naira remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Isle of Man to Nigeria exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for GBP to NGN remittances.


Should I use my bank to send money from Isle of Man to Nigeria?

Big banks in Isle of Man are known to make a lot of money by charging high fees on Nigeria money transfers from Isle of Man. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a GBP to NGN exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Nigeria. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Isle of Man to Nigeria. You work hard for your money, so you should also ensure you get the maximum yield when you send NGN overseas.


How to send money from Isle of Man to Nigeria fast?

The speed of your British Pound to Nigerian Naira funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert GBP to NGN. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Nigeria from Isle of Man is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Nigeria if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout NGN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Isle of Man bank to Nigeria bank transfer.


Which are the best money transfer companies to send money from Isle of Man to Nigeria?

Isle of Man to Nigeria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Nigeria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best British Pound to Nigerian Naira money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Nigeria from Isle of Man

There are many important aspects of Isle of Man to Nigeria remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Isle of Man bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include NGN bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much British Pound amount you want to send from Isle of Man.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Nigeria to validate that they get the money once the transaction clears.