If you need to send money from the UK to Nigeria, knowing the current GBP to NGN exchange rates is crucial. Exchange rates vary across different money transfer apps, affecting how much your recipient receives. Choosing the right platform can help you save money and ensure a smooth transfer.
This guide will help you:
- Compare GBP to NGN exchange rates of top money transfer apps.
- Understand factors that affect exchange rates and hidden fees.
- Choose the best transfer app based on your needs.
By the end of this post, you will know which money transfer app offers the best rates, lowest fees, and fastest transfers.
How to Choose the Best Transfer App for GBP to NGN
When selecting a money transfer app, consider the following factors:
1. Exchange Rate vs. Transaction Fees
Some apps offer high exchange rates but charge fees, while others have lower rates but zero fees. Always calculate the total amount your recipient will get after fees.
All popular money transfer apps in this post has competitive Pounds to Naira rates with no fees for sending money to Nigeria.
2. Transfer Speed
If speed is a priority, choose an app that offers quick transfers. All transfer apps listed in this post will deliver your money within 5 minutes in Nigeria except for occasional delays in bank processing times.
3. Security and Trustworthiness
Check if the app is licensed and regulated. Secure platforms use encryption to protect your transactions and personal data.
4. Customer Support Availability
Reliable customer service is essential in case of transfer issues. Choose apps with responsive support via phone, email, or live chat.
By considering these factors, you can select the best money transfer app based on your priorities.
Current GBP to NGN Exchange Rate of Transfer Apps
Below is a comparison of the current exchange rates offered by popular money transfer apps:
| Money Transfer App | Exchange Rate (GBP to NGN) |
|---|---|
| Lemonade Finance | 1 GBP = 1,927 NGN |
| Taptap Send | 1 GBP = 1,928 NGN |
| Sendwave | 1 GBP = 1,914 NGN |
| Ace Money Transfer | 1 GBP = 1,922 NGN |
| Nala App | 1 GBP = 1,930 NGN |
| TransferGo | 1 GBP = 1,911 NGN |
| OAPay | 1 GBP = 1,923 NGN |
How Frequently Do Exchange Rates Change?
Exchange rates fluctuate due to market conditions, demand, and provider pricing strategies.
Some apps update rates multiple times a day, while others adjust them periodically.
Therefore, always check real-time rates before sending money from the UK to a Nigerian bank account.
Best Money Transfer Apps for GBP to NGN Exchange Rates
Here’s a breakdown of the popular GBP to NGN transfer apps and their rates:
Lemonade Finance (LemFi) GBP – NGN Rate
- 1 GBP = 1,927 NGN
The LemFi app offers free transfers with competitive Pounds to Naira exchange rates
Read on:
Taptap Send GBP – NGN Rate
- 1 GBP = 1,928 NGN
With the Taptap Send app, you instant transfers, good rates, and no hidden fees for sending money from the UK to Nigeria.
Read on:
Sendwave GBP – NGN Rate
- 1 GBP = 1,914 NGN
Sendwave is known for fast transactions but may have slightly lower rates.
Read: How to Earn Sendwave Signup Bonus
Ace Money Transfer GBP – NGN Rate
1 GBP = 1,922 NGN
Ace Money Transfer features good exchange rates and multiple payout options to Nigeria.
Read: How to get Ace Money Transfer Referral Bonus
Nala App GBP – NGN Rate
- 1 GBP = 1,930 NGN
The Nala Money transfer app offers transparent rates with low fees and no hidden charges.
Read:
TransferGo GBP – NGN Rate
- 1 GBP = 1,911 NGN
TransferGo is one of the popular apps to send money to Nigeria with no service fees.
Read: How to Receive TransferGo Promo Bonus
OAPay GBP – NGN Rate
- 1 GBP = 1,923 NGN
OAPay is a reliable option with strong exchange rates and secure transactions.
Read: How to Earn OAPay Referral Bonus
Each app has its advantages, so choosing the right one depends on your needs.
Conclusion
Comparing GBP to NGN exchange rates across different money transfer apps can help you maximize the amount your recipient receives.
- If you’re looking for the best exchange rate, Lemonade Finance and Nala App are excellent options.
- For fast transfers, Taptap Send and Sendwave provide instant delivery.
- If you prefer low fees and transparency, Nala App, Taptap Send and LemFi stand out.
- Ace Money Transfer and TransferGo offer multiple payout options for flexibility.
Before making a transfer, always check real-time rates and compare fees to ensure you’re getting the best deal. Choosing the right app can help you save money and make your transactions more convenient.
Ready to send money to Nigeria? Compare exchange rates now and pick the best app for your transfer!
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