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Convert 1000 Nigerian Naira (NGN) to British Pound Sterling (GBP)

Exchange rates used for currency conversion updated on March 02nd 2024 ( 03/02/2024 )

Below you will find the latest exchange rates for exchanging Nigerian Naira (NGN) to British Pound Sterling (GBP) , a table containing most common conversions and a chart with the pair's evolution. The Nigerian Naira (NGN) to British Pound Sterling (GBP) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to British Pound Sterling (GBP) to Nigerian Naira (NGN) page.

1000 NGN = 0.5 GBP

The currency exchange rate, calculated between Nigerian Naira and British Pound Sterling on 03/02/2024 is 1 NGN = 0.0005 GBP - AVERAGE intraday quotes were used for this currency conversion.

Convert 1000 NGN / 1000 GBP to major currencies

NGN to GBP Exchange Rate History Chart

Last 7 days History

Date NGN GBP
2024-03-02 1000 NGN = 1997349.62542 GBP
2024-03-01 1000 NGN = 2042954.39332 GBP
2024-02-29 1000 NGN = 2064074.32723 GBP
2024-02-28 1000 NGN = 1999493.95914 GBP
2024-02-27 1000 NGN = 1996918.06231 GBP
2024-02-26 1000 NGN = 1978597.42104 GBP
2024-02-25 1000 NGN = 2037514.61254 GBP
One year History

About Nigerian Naira (NGN)

Nigeria is a country in Africa that borders the Gulf of Guinea on the Atlantic Ocean. The naira is the official currency of the country and is divided into 100 kobo. Denominations of the naira include N5, N10, N20, N50, N100, N200 and N500. Most banks do not offer currency exchange so visitors must find moneychangers in order to convert foreign currency into naira.

About British Pound Sterling (GBP)

Monetary policies affecting the pound sterling (GBP) are dispersed amongst 8 separate central banks throughout the territories, dependencies, and countries of the United Kingdom. The Bank of England is the primary central bank and is responsible for monetary policy and currency issuance in England, Wales, Scotland, and Northern Ireland. This floating currency is the third most widely held reserve currency in the world. The future of the GBP is dependent upon the political decision of whether or not to allow the GBP to be absorbed by the euro, effectively placing all of the United Kingdom into the eurozone.

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