The black market rate for 12300 Pounds to Naira is 23,771,349 NGN as of today, 05:30 PM WAT.
When you convert 12300 British Pounds to NGN, you get 23,771,349 Nigerian Naira, using the rate of 0.000517 GBP for 1 NGN. This is the parallel market rate obtained using the black market average from sources outside the CBN.
You can use the currency converter above to check GBP rates and it’s NGN equivalent. . See also our USDT to Naira rates.
| Currency Conversion | Black Market Rate in Naira |
|---|---|
| 12300 British Pounds to Naira | 23,771,349 |
| 12300 Dollars to Naira | 18,125,157 |
| 12300 Tether USD to Naira | 18,129,216 |
| 12300 Euros to Naira | 20,753,790 |
Last 7 days, 12300 GBP was traded for 23,771,340 NGN, yesterday it went for 23,771,347.5 NGN, and today it averages 23,771,349 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 12300 British Pounds against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Friday, 5th December 2025 | £12300 = 23,771,349 Naira |
| Thursday, 4th December 2025 | £12300 = 23,771,347.5 Naira |
| Wednesday, 3rd December 2025 | £12300 = 23,771,346 Naira |
| Tuesday, 2nd December 2025 | £12300 = 23,771,344.5 Naira |
| Monday, 1st December 2025 | £12300 = 23,771,343 Naira |
| Sunday, 30th November 2025 | £12300 = 23,771,341.5 Naira |
| Saturday, 29th November 2025 | £12300 = 23,771,340 Naira |
| Amount in GBP | Naira Equivalent (NGN) |
|---|---|
| 1 Pounds (GBP) to Naira | 1,932.63 |
| 10 Pounds (GBP) to Naira | 19,326.3 |
| 20 Pounds (GBP) to Naira | 38,652.6 |
| 30 Pounds (GBP) to Naira | 57,978.9 |
| 40 Pounds (GBP) to Naira | 77,305.2 |
| 50 Pounds (GBP) to Naira | 96,631.5 |
| 60 Pounds (GBP) to Naira | 115,957.8 |
| 70 Pounds (GBP) to Naira | 135,284.1 |
| 80 Pounds (GBP) to Naira | 154,610.4 |
| 90 Pounds (GBP) to Naira | 173,936.7 |
| 100 Pounds (GBP) to Naira | 193,263 |
| 200 Pounds (GBP) to Naira | 386,526 |
| 300 Pounds (GBP) to Naira | 579,789 |
| 500 Pounds (GBP) to Naira | 966,315 |
| 700 Pounds (GBP) to Naira | 1,352,841 |
| 1,000 Pounds (GBP) to Naira | 1,932,630 |
| 1,500 Pounds (GBP) to Naira | 2,898,945 |
| 2,000 Pounds (GBP) to Naira | 3,865,260 |
| 3,000 Pounds (GBP) to Naira | 5,797,890 |
| 5,000 Pounds (GBP) to Naira | 9,663,150 |
| 10,000 Pounds (GBP) to Naira | 19,326,300 |
The British Pound Sterling (£) is the official currency of the United Kingdom and is highly valued around the world. In Nigeria, people often turn to the black market to trade Pounds due to strict government controls on foreign exchange, resulting in much higher unofficial exchange rates as they try to get foreign currency more easily.
The Nigerian Naira (NGN) is the official currency of Nigeria, issued and regulated by the Central Bank of Nigeria. It is subdivided into 100 kobo and is symbolized by ₦.