Currency Exchange Rate: GBP To NGN

GBP - British PoundConvert: British Pound to Nigerian Naira

1 GBP = 475.7648 NGN

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Remittance GBP to NGN Exchange Rates:
Company name:Currency:Rate:
Western Union1 GBP487.5557 NGN
Azimo1 GBP483.0494 NGN
Lebara Money1 GBP482.587 NGN
Moneywire1 GBP481.70378 NGN
Ria Money Transfer1 GBP481.0 NGN
WorldRemit1 GBP480.7953 NGN
MoneyGram1 GBP475.1734 NGN
Xendpay1 GBP475.1119 NGN
EasyNaira1 GBP474.83 NGN
ACE Money Transfer1 GBP473.7728 NGN
MoneyTrans1 GBP456.16 NGN

GBP Currency Details

The pound sterling (symbol: £; ISO code: GBP [Great Britain Pound]), commonly known as the pound, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception. The British Crown dependencies of Guernsey and Jersey produce their own local issues of sterling: the "Guernsey pound" and the "Jersey pound". The pound sterling is also used in the Isle of Man (alongside the Manx pound), Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value. Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies it forms the basket of currencies which calculate the value of IMF special drawing rights, with an 11.3% weighting as of 2011 (USD 41.9%, Euro 37.4%, Yen 9.4%). Sterling is also the third most-held reserve currency in global reserves (about 4%)

GBP Stats:

Name: British Pound

Symbol: £ Penny: p

Minor Unit: 0.01 = Penny

Central Bank Rate: 0.250 %

Top GBP Conversion: GBP/USD

Top GBP Chart: GBP/USD Chart

GBP Profile:

Inflation: 1.8%

Nicknames: quid

Coins:
Frequently Used: £1,£2,1p,2p,5p,10p,20p,50p
Rarely Used:

Banknotes:
Frequently Used: £5,£10,£20,£50
Rarely Used: £100

Central Bank:
Bank of England
www.bankofengland.co.uk

Users: United Kingdom,9 British territories, British Antarctic Territory, Falkland Islands (alongside Falkland Islands pound), Gibraltar (alongside Gibraltar pound), Saint Helena, Ascension and Tristan da Cunha (Tristan da Cunha; alongside Saint Helena pound in Saint Helena and Ascension), South Georgia and the South Sandwich Islands (alongside Falkland Islands pound), British Indian Ocean Territory (de jure, U.S. dollar used de facto), Guernsey (local issue: Guernsey pound), Isle of Man (local issue: Manx pound), Zimbabwe

Source

Exchange Rates

Exchange GBP to NGN
GBPNGN
1 GBP475.76484 NGN
5 GBP2378.82420 NGN
10 GBP4757.64840 NGN
50 GBP23788.24200 NGN
100 GBP47576.48400 NGN
250 GBP118941.21000 NGN
500 GBP237882.42000 NGN
1,000 GBP475764.84000 NGN
5,000 GBP2378824.20000 NGN
10,000 GBP4757648.40000 NGN
50,000 GBP23788242.00000 NGN
100,000 GBP47576484.00000 NGN
500,000 GBP237882420.00000 NGN
1,000,000 GBP475764840.00000 NGN
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Country Currency Name Currency Code
Today's Rates: 11/19/2017 1:12:16 AM brought you by RemitRardar
US DollarUSD
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Japanese YenJPY
Top GBP - British Pound Exchange Rates

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Today's Rates: 11/19/2017 1:12:16 AM brought you by RemitRardar
1 GBP1.321681.1208885.79698.758441.747125.003867.1823148.181
Inverse:0.756610.892160.011660.114180.572380.039990.014880.00675