1 GBP = 531.727 NGN
To calculate the values for foreign currency conversions, we use the market exchange rates of 159 currencies of the world.
- Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey
- Currency Code, Symbol: GBP, £
- Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2
- Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100
- History:
The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.
Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.
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- Country of Circulation: Nigeria
- Currency Code, Symbol: NGN, ₦
- Denominations of coins in circulation: 50 kobo, ₦1, ₦2
- Denominations of banknotes in circulation: ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000
- History:
The Nigerian naira (₦) is the national currency of Nigeria, a state located in Africa. The currency does not circulate in other countries. In international currency exchange, it is usually abbreviated to NGN.
The Nigerian naira can be subdivided into kobo. Every NGN has 100 kobo. The currency has first been issued in 1973, replacing the Nigerian pound. In 2014, the Treasury of Nigeria issued a series of commemorative banknotes worth 100 naira. The notes have a new design, an additional level of protection, and a code that refers you to a site with the history of the country.
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Popular amounts
Historical data of the 1 Pound Sterling to the Nigerian Naira exchange rate
1 GBP to NGN chart
Other popular conversion pairs
FAQ
GBP/NGN – Pound Sterling to Nigerian Naira conversion
Our GBP/NGN currency converter allows instant conversion by live rates. Current value of 1 GBP equals 531.7268 NGN.Pound Sterling to Nigerian Naira conversion
We use quotation information as of 2021-05-08 04:26 AM ET to calculate the conversion rate of two currencies. Specified values are considered average but can match the rates of specific financial organizations. To get a result, you only need to:- indicate an amount of money to convert in the window with Pound Sterlings;
- wait for automatic GBP to NGN conversion.
How has the dynamic of GBP to NGN rate changed in the last week
Here you can also find a chart with the Pound Sterling rate fluctuations since 2015. In the last week, the pound to dollar conversion rate has changed by -34.8429 NGN or -6.5528%.The dynamic of GBP to NGN rate over the last month
The monthly data of GBP to NGN conversion rate dynamic helps to understand market trends better. GBP has moved by +1.8083% or 9.6152 NGN.