Nigerian Naira

Nigerian Naira

The naira (sign: ₦; code: NGN) is the currency of Nigeria. It is subdivided into 100 kobo. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Nigerian Federation. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency & Branch Operations Department of the CBN is in charge of currency management, through the procurement, distribution/supply, processing, reissue and disposal/disintegration of bank notes and coins.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, 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.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 and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in 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.

475 Nigerian Naira to British Pound exchange rates chart

475 NGN to GBP exchange rates graph
475 NGN to GBP exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

475 NGN to GBP exchange rates FAQs

What is 475 NGN to GBP?

The meaning of 475 NGN to GBP is to exchange 475 Nigerian Naira to British Pound by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 475 NGN to GBP on the chart below.

Who can exchange 475 NGN to GBP?

Anyone with 475 Nigerian Naira can find a local bank or a bureau de change to convert into Nigerian Naira. However, if neither NGN nor GBP is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 475 NGN to GBP?

Due to the nature of the forex market, the exchange rates for 475 NGN to GBP is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 475 NGN to GBP?

Most likely you are traveling and want to get some British Pound cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 475 Nigerian Naira to British Pound. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 475 NGN to GBP?

Usually you can find a local bank, post office or bureau de change to exchange 475 NGN to GBP. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of British Pound you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 475 NGN to GBP?

Use the tool we provided here to find the best exchange rates for 475 Nigerian Naira to British Pound. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 475 NGN in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

475 NGN to GBP exchange rates table

Exchange NGN to GBP
475 Nigerian Naira = 1.017 British Pound
950 Nigerian Naira = 2.034 British Pound
2375 Nigerian Naira = 5.085 British Pound
4750 Nigerian Naira = 10.171 British Pound
Exchange Nigerian Naira to British Pound
475 Nigerian Naira to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

475 NGN to GBP news tweets

475 NGN to GBP added 1 tweet
2019-04-21 07:23:52 UTC
RT @NGRFacts: “Did You Know That?” Ladi Dosei Kwali, First Nigerian Woman To Be On A Naira Note. She pioneered modern pottery… https://t.co/LxsQWfUpgY
475 NGN to GBP added 1 tweet
2019-04-21 07:27:38 UTC
RT @NGRFacts: “Did You Know That?” Ladi Dosei Kwali, First Nigerian Woman To Be On A Naira Note. She pioneered modern pottery… https://t.co/LxsQWfUpgY
475 NGN to GBP added 1 tweet
2019-04-21 07:29:57 UTC
RT @Olaola56553473: @KhulaniQoma Let them know that Nigerian currency naira was stronger than British pounds and US dollars...how when… https://t.co/5Z2ZHUQBfK
475 NGN to GBP added 1 tweet
2019-04-21 07:33:28 UTC
RT @NGRFacts: “Did You Know That?” Ladi Dosei Kwali, First Nigerian Woman To Be On A Naira Note. She pioneered modern pottery… https://t.co/LxsQWfUpgY
475 NGN to GBP added 1 tweet
2019-04-21 07:42:17 UTC
RT @NGRFacts: “Did You Know That?” Ladi Dosei Kwali, First Nigerian Woman To Be On A Naira Note. She pioneered modern pottery… https://t.co/LxsQWfUpgY
475 NGN to GBP added 1 tweet
2019-04-21 15:19:48 UTC
@httpysxbel @aluhssa @fvckjungkook Hindi po pala php ang currency nyan, british pound po
475 NGN to GBP added 1 tweet
2019-04-21 15:20:24 UTC
RT @postwarhistory: 21 April 1983, the British one pound (£1) coin is introduced to replace the Bank of England one pound note.… https://t.co/n7AwJYOmiW
475 NGN to GBP added 1 tweet
2019-04-21 15:22:50 UTC
RT @VeteransBritain: THOUSANDS of British shipbuilding workers could win if the billion-pound MOD supply ships are built in the UK, but… https://t.co/L5A60g294k
475 NGN to GBP added 1 tweet
2019-04-21 15:23:22 UTC
RT @VeteransBritain: THOUSANDS of British shipbuilding workers could win if the billion-pound MOD supply ships are built in the UK, but… https://t.co/L5A60g294k
475 NGN to GBP added 1 tweet
2019-04-21 15:37:58 UTC
RT @VeteransBritain: THOUSANDS of British shipbuilding workers could win if the billion-pound MOD supply ships are built in the UK, but… https://t.co/L5A60g294k

475 NGN to GBP news media

475 NGN to GBP added 1 medium
2019-04-18T18:54:40+02:00
... 🇳🇬 20 Naira (2016) Obverse: General Murtala Muhammed Reverse: Pottery Works #banknote #banknotes #collection #notaphily #notaphilist #nofilter #scanjet #nigeria #nigeriannaira
475 NGN to GBP added 1 medium
2019-04-17T18:22:42+02:00
... 🇳🇬 10 Naira (2015) Obverse: Alvan Ikoku Reverse: Bowl Carrying Females #banknote #banknotes #collection #notaphily #notaphilist #nofilter #scanjet #nigeria #nigeriannaira
475 NGN to GBP added 1 medium
2019-04-16T19:28:42+02:00
... 🇳🇬 5 Naira (2013) Obverse: Alhaji Dir Abubakar Balewa Reverse: Nkpokiti Dancers #banknote #banknotes #collection #notaphily #notaphilist #nofilter #scanjet #nigeria #nigeriannaira
475 NGN to GBP added 1 medium
2019-04-07T18:38:46+02:00
Купюры в 1, 10 и 20 найра старого образца, которые уже вышли из оборота. ⠀ Old bank notes of 1, 10 and 20 naira that are no longer used in the everyday life. ⠀ #jennyrollsto_nigeria ⠀ #абуджа #столица #нигерия #африка #найра #валюта #деньги #купюры #travel #money #banknotes #discovery #naira #nigeriannaira #currency #abuja #africa #nigeria #expat #expatlife #expatcommunity #нумизматика #коллекция
475 NGN to GBP added 1 medium
2019-03-30T19:35:19+01:00
Guys, can you still remember this N50 note? #naijacurrency #naira #nigeriannaira #throwbacknaija #weekendvibing #money #nairamoney #oldtimes #currensy #localcurrency #naijaforlife
475 NGN to GBP added 1 medium
2019-04-21T17:39:48+02:00
Latest fiver update! #fiver #fivepoundnote #totnesartist #devonartist #queenshead #elizabethII #bluenote #economy #economicpower #popart #lowbrowart #gbp #britishpound
475 NGN to GBP added 1 medium
2019-04-21T22:21:58+02:00
United Kingdom-1 pound coin 2016 #unitedkingdom #queenelizabeth #britishpound #london
475 NGN to GBP added 1 medium
2019-04-22T04:43:03+02:00
Old Pound 💷. #pound #moneda #currency #sterling #peseta #euro #britishpound #minimalist #todotieneunprecio #gold #queenofbritain
475 NGN to GBP added 1 medium
2019-04-19T10:43:44+02:00
A faint preview of a new issue of the £5 note.. more later. What does money and cash mean to you? #fivepoundnote #queenshead #elizabethII #fiver#popart #lowbrowart #totnesartist #devonartist #surrealart #bankofengland #fivepounds #cash #poundsterling #gbp #britishpound
475 NGN to GBP added 1 medium
2019-04-18T09:28:20+02:00
@javeriamohanid from Uk 🇬🇧 in this beautiful bridal. We love the regal look. #harisshakeelofficial #harisshakeel #regal #pakistan #uk #karachi #bradford #manchester #britishpound #lahore #wedding #season

475 NGN to GBP news videos

Nigeria has set a new naira exchange rate for consumers with certain foreign expenses and stepped up dollar sales on the official ...
Nigeria's Naira traded firmer on the interbank forex market on Wednesday, after the Central Bank sold dollars to try and ease ...
Customs officers stationed in Benin City Killed an Edo indigen arriving from Europe this morning over 5000 Naira Bribe. This is not ...
Henry 8 plus Banknote Counter and Sorter for Kuwait Dinar. MoneyGuard Technologies LLC For sales please call 98877277 ...
Britain's decision to leave the EU sent the pound skidding to a three decade low against the dollar and left many tourists changing ...
pounds to rupees Watch my YouTube video pounds to rupees and learn how to convert GBP to INR. Most of the times i use XE ...
Great Britain is updating their banknotes and the old money notes are no longer accepted. Here is how you can separate and tell ...

475 NGN to GBP news texts

Hasina among 5 most austere world leaders: Nigerian daily

Nigeria’s prestigious newspaper The Daily Leadership has termed Prime Minister Sheikh Hasina one of the  most austere leaders of the world, said Bangladesh High Commission in Nigeria. “Nigeria’s most influential newspaper The Daily Leadership carried a feature story today (Sunday)…

7 days indicative positive
Can Someone Tell Osinbajo To Sharap? -By Festus Adedayo
Can Someone Tell Osinbajo To Sharap? -By Festus Adedayo

Articles on OpinionNigeria's platform are objective, constructive, mind buggling and compels people to take ownership of issues in order to bring about practicable solutions.

about 1 month conditional positive
Nigeria: what Muhammadu Buhari's re-election means for Africa's biggest economy

Investors favoured Muhammadu Buhari's opponent, Atiku Abubakar. So what are the Nigerian president's economic priorities?

about 2 months conditional neutral
Forget Nigerian election delay; Devaluation fears will drive markets | West Africa

Forget Nigerian election delay; Devaluation fears will drive markets Investors in Nigeria fear a large devaluation later in the year

about 2 months conditional neutral
Google currency converter suffers glitch, says $1 = N184
Google currency converter suffers glitch, says $1 = N184

There appears to be a major problem with Google currency converter, which listed Nigeria’s local currency, the Naira, as going for as high as N184 to the US

about 2 months indicative negative

475 NGN to GBP currency converter

475 NGN to GBP exchange rates

100 AMD to LTL
Yerevan, Republic of Armenia.
100 AMD to LTL
Yerevan, Republic of Armenia.
100 RSD to TRY
Adana, Republic of Turkey.
1 TRY to AZN
Baku, Republic of Azerbaijan.
1 TRY to AZN
Baku, Republic of Azerbaijan.
1 USD to CAD
Beamsville, Canada.
100 MYR to IDR
Amsterdam, Kingdom of the Netherlands.
1 USD to CAD
Beamsville, Canada.
1 USD to CAD
Beamsville, Canada.
100 ILS to ZAR
Cape Town, Republic of South Africa.
500 PKR to GEL
Islamabad, Islamic Republic of Pakistan.
100 USD to MAD
Putian, People’s Republic of China.
1000 RSD to TRY
Ankara, Republic of Turkey.
1 GBP to JPY
Toyonaka, Japan.
1 JPY to GBP
Toyonaka, Japan.
123 USD to EUR
Bengaluru, Republic of India.
100 AMD to LTL
Yerevan, Republic of Armenia.
10 RSD to TRY
İstanbul, Republic of Turkey.
100 RUB to AMD
Moscow, Russian Federation.