Markets.com Logo
markets.com

GBPNGN

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    2058.7371$
  • Previous Close
    2056.6995$
  • 52 Week Change
    --
  • Day Range
    2.04$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GBPNGN.FOREX represents the exchange rate between the British Pound (GBP) and the Nigerian Naira (NGN) in the foreign exchange market. This pair indicates how many Nigerian Naira are needed to purchase one British Pound. The value fluctuates continuously based on a multitude of factors including economic indicators in both the UK and Nigeria, interest rate differentials, political stability, and global market sentiment. Traders and investors use this rate to speculate on the relative strength of the two currencies or to facilitate international transactions between the UK and Nigeria.
markets.com
Micron (MU) Stock Forecast: 2027, 2030, and 2045 Price Predictions

Micron (MU) Stock Forecast: 2027, 2030, and 2045 Price Predictions

Julian Parker|--

Week Ahead: US job data takes the spotlight

Darius Anucauskas|--
USD/CHF Price Forecast: Evaluating the 2026 Breakout Amid Fed and SNB Policy Divergence

USD/CHF Price Forecast: Evaluating the 2026 Breakout Amid Fed and SNB Policy Divergence

Julian Parker|--
SK Hynix Equity Analysis 2026: The Intersection of AI Memory Dominance and Valuation Arbitrage

SK Hynix Equity Analysis 2026: The Intersection of AI Memory Dominance and Valuation Arbitrage

Julian Parker|--
Gold Price Forecast: XAU/USD Plunges to 2026 Lows Amid Hawkish Fed and Strong Dollar

Gold Price Forecast: XAU/USD Plunges to 2026 Lows Amid Hawkish Fed and Strong Dollar

Julian Parker|--
USD/JPY Forecast: Analyzing the 161.60 Threshold Amid BoJ Policy Friction and Intervention Risks

USD/JPY Forecast: Analyzing the 161.60 Threshold Amid BoJ Policy Friction and Intervention Risks

Julian Parker|--
Crude Oil Price Forecast 2026–2030: Macro Fundamentals, Geopolitics, and Trading Strategies

Crude Oil Price Forecast 2026–2030: Macro Fundamentals, Geopolitics, and Trading Strategies

Julian Parker|--

Factors

Economic Performance: UK & Nigeria's economic growth, inflation, unemployment impact currency values.

Interest Rates: Differentials between UK and Nigeria influence capital flows and GBPNGN.

Political Stability: Political events in both countries affect investor confidence & currency demand.

Commodity Prices: Nigeria's reliance on oil exports impacts the Naira's strength significantly.

Global Risk Sentiment: Risk-on/off sentiment influences demand for emerging market currencies like NGN.

People Also Watch

Latest news

SpaceX Stock Rises as Nasdaq-100 Entry Fuels Demand

SpaceX Stock Rises as Nasdaq-100 Entry Fuels Demand

Julian Parker|--
Tesla Rebounds 8.4% as AI Updates Strengthen Investor Confidence

Tesla Rebounds 8.4% as AI Updates Strengthen Investor Confidence

Julian Parker|--
USD/JPY Breaks Above 162 as Yen Hits 40-Year Low Despite Japan’s Economic Resilience

USD/JPY Breaks Above 162 as Yen Hits 40-Year Low Despite Japan’s Economic Resilience

Julian Parker|--

Latest Education Articles

Supply and Demand Zones: How to Identify and Trade Them

Supply and Demand Zones: How to Identify and Trade Them

Julian Parker|--
Fair Value Gaps in Trading: A Guide to Market Imbalances

Fair Value Gaps in Trading: A Guide to Market Imbalances

Julian Parker|--
11 Best Swap-Free Account CFD Brokers in Dubai 2026

11 Best Swap-Free Account CFD Brokers in Dubai 2026

Julian Parker|--
Recommended Topics
markets.com