Get the latest Lemonade Finance (LemFi) exchange rates of 1 UK pound (GBP) to supported African currencies on the app updated daily. This post is updated continuously to reflect these changes.
Lemonade Finance’s (LemFi) current exchange rate of 1 GBP to NGN is 1370 while NGN to 1 GBP is 1404 Naira today. This is the black market rate you get on the app which means you sell 1 pound for 1404 Naira or buy 1 pound for 1370 Naira.
Interestingly, you get £10 when you sign up on Lemonade Finance with this referral code SOLO7K5E. Read more on the Lemonade referral bonus and its requirements to understand better.
Lemonade Finance (LemFi) GBP Exchange Rate Today
| Currencies | Exchange rate |
|---|---|
| GBP – NGN Nigeria | 1370 |
| GBP – XAF Cameroon | 785 |
| GBP – XOF Senegal, Benin & Ivory Coast | 785 |
| GBP – RWF Rwanda | 1630 |
| GBP – KES Kenya | 162 |
| GBP – TZS Tanzania | 3540 |
| GBP – UGX Uganda | 5020 |
| GBP – GHS Ghana cedis | 16.64 |
You could also check for the current exchange rate on your Lemonade app. Simply, open the app and tap Send money or Convert to view it. If satisfied with the rate, fund your account with the desired amount and complete the transaction.
Check: LemFi CAD Exchange Rate Today
How to Convert Naira to Pounds on Lemonade Finance App
Another benefit of using the Lemonade Finance (LemFi) app is that you can convert Naira to Pounds. This is useful if you want to move money from your Nigerian bank account to a UK account quickly without restriction.
Here is how to convert NGN to GBP on Lemonade Finance app:
- Open the Lemonade app and tap the GBP icon to switch
- Choose Nigeria Naira.
- Tap Add Money and copy the account number
- Transfer money to the account
- Tap Convert to change the Naira amount to Pounds
Note: You can also convert USA Dollars (USD) and Canadian Dollars (CAD) to other currencies on Lemonade Finance app.
To understand better, check this post on how to add Naira and convert to Pounds on Lemonade Finance
Lemonade (LemFi)Exchange Rate FAQs
Read: How to Send Money from the UK to a Nigeria Bank Account with Lemonade Finance.
Conclusion
So, these are the current exchange rates of Pounds to other African countries supported by the Lemonade app. These rates change frequently, so it is vital to stay up to date.
Lastly, if any, do leave your question or opinion in the comment below.
Hi, good evening.
I can open lemonade account here in Nigeria?
If yes how can I do it?
Hi,
You cannot open Lemonade Finance (Lemfi) account in Nigeria unless you reside in the UK, USA, Canada…
Because, part of the account verification process is uploading a resident permit of one of these countries.
Where do I go to access the market information Lemonade uses to calculate its exchange rates? I know they may have added a markup or a cost but I want to see where it gets its base rate from.
Where Lemonade gets its base rate is within the company; It only displays the current exchange information to send money on the app.
However, you can know if LemFi rate is competitive by comparing it with other money transfer platforms which in most cases similar.
What’s the rate of Nigeria naira to 1 CAD dollar as at today 21/2/2024
1 CAD = 1250 Naira as at today 21/2/2024