Convert British Pound Sterling to Nigerian Naira

Please provide values below to convert British Pound Sterling [GBP] to Nigerian Naira [NGN], or Convert Nigerian Naira to British Pound Sterling.

How to Convert British Pound Sterling to Nigerian Naira

1 GBP = 0.000483568692526812 NGN

Example: convert 15 GBP to NGN:
15 GBP = 15 × 0.000483568692526812 NGN = 0.00725353038790219 NGN

British Pound Sterling to Nigerian Naira Conversion Table

British Pound Sterling	Nigerian Naira

British Pound Sterling

The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.

History/Origin

The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.

Current Use

Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.

Nigerian Naira

The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.

History/Origin

Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.

Current Use

The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.

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