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Naira to Pound — Live Rate Today

Convert Nigerian Naira to British Pounds (GBP). See how many naira it takes to buy £1 at the CBN rate and parallel market rate.

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CBN Official Rate

₦—

per 1 USD

Parallel Market (Aboki)

₦—

per 1 USD

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Quick Reference

NGN

Live rates for common amounts. CBN official and parallel market.

Amount (NGN)	CBN Official (USD)	Parallel Market (USD)
₦5000	$3.14	$2.95
₦10.000	$6.29	$5.91
₦20.000	$12.58	$11.81
₦50.000	$31.45	$29.53
₦100.000	$62.89	$59.05
₦500.000	$314.47	$295.27

Naira to Pound Exchange Rate Today — NGN to GBP Guide 2026

The naira to pound exchange rate today tells you how many Nigerian Naira are needed to buy one British Pound. At current rates, it takes approximately ₦1,930 to buy £1 GBP at the CBN official rate.

Relevance for the Nigerian Diaspora in the UK

The UK hosts the largest Nigerian diaspora community in Europe, with over 200,000 Nigerians. Many track the NGN/GBP rate when planning visits home, calculating the naira value of UK salaries, or deciding when to send remittances.

Frequently Asked Questions

Questions about the NGN to GBP rate

How many naira is £1 today?▾

At the current CBN official rate, £1 GBP = approximately ₦1,930 NGN. At the parallel market rate, £1 = approximately ₦2,055. See the live rate above.

How do I convert naira to pounds?▾

You can convert naira to pounds at a Nigerian bank (with documentation), at a BDC operator, or via fintech apps. For sending GBP to the UK, very few options exist — most diaspora flows are GBP → NGN rather than the reverse.

What was the naira to pound rate in 2020?▾

In 2020, the official rate was approximately ₦470–₦490 per pound. Today it is approximately ₦1,930.

Why does the naira to pound rate matter?▾

For Nigerians in the UK, the rate determines how much naira their UK salary or savings are worth. For those planning to travel to the UK, it affects the cost of buying pounds.

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