GBP-NGN
Medium Volatility
GBP to NGN Exchange Rate Report
May 2026 Analysis
Average Rate
1836.5321
Monthly Change
+0.46%
Best Provider
remitly
Data Points
300
Executive Summary
In May 2026, the GBP to NGN exchange rate remained stable, moving from 1869.5400 to 1878.1110 (+0.46% change).
The average rate across all providers was 1836.5321, with rates ranging from 1693.6296 to 1911.0200. Market volatility was medium during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during May.
Rate Range Analysis
Lowest Rate
1693.6296
Average Rate
1836.5321
Highest Rate
1911.0200
Opening: 1869.5400Closing: 1878.1110
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 1885.4416 | 1862.0500 | 1911.0200 | 26 days |
moneygram | 1881.0613 | 1871.0092 | 1890.1305 | 5 days |
transfergo | 1857.6772 | 1834.8756 | 1881.7036 | |
taptapsend | 1849.5806 | 1830.0000 | 1875.0000 | |
worldremit | 1847.1932 | 1829.0717 | 1860.8733 | |
wise | 1845.6032 | 1823.0300 | 1869.5400 | |
sendwave | 1845.3223 | 1819.0387 | 1867.9254 | |
instarem | 1839.1024 | 1817.7533 | 1863.9808 | |
paysend | 1834.0680 | 1812.5943 | 1862.6464 | |
westernunion | 1810.4477 | 1778.6272 | 1834.2579 | |
xe | 1741.4590 | 1693.6296 | 1796.8454 |
Best Time to Transfer
Best Day
Monday
Average rate: 1837.4549
Avoid
Tuesday
Average rate: 1835.4664
Based on 300 data points collected throughout May 2026.
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