Compare today's NGN to GBP (Nigerian Naira to British Pound) exchange rates
📈 Nigeria to United Kingdom Money Transfer Snapshot Today
- Number of money transfer providers compared: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real NGN to GBP exchange rate before providers add their margin or fees. exchange rate: 1 NGN = GBP 0.0006 (Updated about an hour ago)
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💡What today's NGN-GBP exchange rates mean for you
Compare today's NGN-GBP exchange rates and send money from Nigeria to UK after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
NGN-GBP exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final GBP payout that your recipient gets in UK.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Nigeria to UK remittances.
🔄 Looking for the reverse corridor? Send money from UK to Nigeria instead.
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 Nigeria.
Latest NGN to GBP Conversion Rates
Here are some latest NGN to GBP (Nigerian Naira to British Pound) exchange rates for popular conversion amounts*.
| 1 NGN | 0.00 GBP |
| 5 NGN | 0.00 GBP |
| 10 NGN | 0.01 GBP |
| 25 NGN | 0.02 GBP |
| 50 NGN | 0.03 GBP |
| 100 NGN | 0.06 GBP |
| 150 NGN | 0.09 GBP |
| 200 NGN | 0.12 GBP |
| 250 NGN | 0.15 GBP |
| 300 NGN | 0.18 GBP |
| 400 NGN | 0.24 GBP |
| 500 NGN | 0.30 GBP |
| 600 NGN | 0.36 GBP |
| 700 NGN | 0.42 GBP |
| 800 NGN | 0.48 GBP |
| 1000 NGN | 0.60 GBP |
| 1500 NGN | 0.90 GBP |
| 2000 NGN | 1.20 GBP |
| 2500 NGN | 1.50 GBP |
| 3000 NGN | 1.80 GBP |
| 4000 NGN | 2.40 GBP |
| 5000 NGN | 3.00 GBP |
| 10000 NGN | 6.00 GBP |
| 15000 NGN | 9.00 GBP |
| 20000 NGN | 12.00 GBP |
| 30000 NGN | 18.00 GBP |
| 40000 NGN | 24.00 GBP |
| 50000 NGN | 30.00 GBP |
| 100000 NGN | 60.00 GBP |
*Based on the Mid-market Exchange Rate
What's the best way to send money to UK from Nigeria?
Sending money internationally to UK from Nigeria can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Nigerian Naira to GBP remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to UK. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in British Pound.
How to get the best rate to transfer money to UK from Nigeria?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to UK from Nigeria. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your NGN to British Pound money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Nigeria to UK corridor to give you more good choices for your next GBP money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money to UK from Nigeria?
One of the most important things to watch out for is hidden fees when sending money to UK from Nigeria. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to UK using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your British Pound foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NGN to UK exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to UK from Nigeria.
How to send money from Nigeria to UK through a bank?
We do not recommend using your local bank in Nigeria for your next NGN to GBP overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Nigeria to UK (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending GBP to UK. These companies will let you use your local bank account in Nigeria to pay for your UK money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to transfer money from Nigeria to UK?
It could be a stressful experience if you need to rush money quickly from Nigeria to UK. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert NGN to GBP. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in British Pound. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Nigeria to UK money transfers.
Which are the best money transfer companies to send money to UK from Nigeria?
Comparing money transfer companies for sending money to UK from Nigeria can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to UK. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Nigerian Naira to British Pound transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?
Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the British Pound yield on every Nigerian Naira that you send.
Step by step guide to do a money transfer from Nigeria to UK
Follow the below easy steps to send money to UK from Nigeria.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Nigeria bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in UK).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.