Euro to Nigerian Naira Exchange Rate: Official and Parallel Market Rates
Introduction
If you want to know the current exchange rate of Euro to Nigerian Naira, you’re in the right place. We provide you with the updated official € to Naira exchange rate as well as the current exchange rate at the parallel market. Whether you’re considering traveling or carrying out online transactions, it’s important to have knowledge of the exchange rate.
Why Exchange Rate Matters
The exchange rate between the Nigerian Naira and the Euro holds significant importance, especially when it comes to the Aboki fx € to naira rate. In this web page, we have revealed every detail and other relevant information you may wish to know regarding the NGN to EUR exchange rate. We also provide the current exchange rate for Naira to €, including both the official conversion rate (CBN rate) and the black market exchange rate.
Euro to Naira Today Exchange Rate
When compared to other major currencies, the Nigerian currency has experienced devaluation in recent years. The exchange rate between the Euro and the Nigerian Naira fluctuates continually. In recent months, the rate has been trending downward, remaining relatively low in comparison to today’s exchange rates.
Euro (EUR) to Naira Black Market Rate Today
For those interested in making international money transfers and seeking cost savings, we provide the current black market rate for the Euro to the Nigerian Naira. The table below shows the real conversion rate:
Euro to Naira CBN Exchange Rate
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the black market (parallel market). The CBN exchange rate differs from the black market rate as well as other commercial banks. As of today, 1 Euro equals 835.99 Nigerian Naira according to the CBN exchange rate. Before making any transactions, we recommend contacting your respective banks for official rates.
If you have any inquiries about today’s exchange rate or any other related questions, feel free to use the Contact Us page. Stay updated by checking back regularly for the current exchange rate.