Euro to Naira Black Market rate: Here is the current EUR to Naira rate today. See CBN & black market exchange rate for Euro to naira Aboki fx. You change your EUR to naira at these rates or convert Euro to naira at the latest black market rate or parallel market.
So many Nigerians prefer to exchange their foreign currencies, especially the European Euro to naira using the black market because the exchange rate is very high compared to what the bank offers.
If you want to know the current black market rate, here is the page to find that.
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Euro to Naira Black Market rate is ₦880
Aboki fx Euro to naira exchange rate has also been added here so you can easily verify each of the rates for the currencies you want to exchange in the parallel markets.
Aboki fx is the most trusted source for black market EUR to naira rate today. You can find their exchange rate for today here.
Euro to Naira Black Market Rate Today
| Euro to Naira (EUR to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 880 |
| Selling Rate | 900 |
What is the current EUR to the naira exchange rate in the parallel market? Well, it may interest you to know that Euro to Naira rate in the black market sometimes varies hugely from the rate on the Central Bank of Nigeria website (www.cbn.gov.ng).
The price listed above is the current Euro to Naira exchange rate. We will always update the latest rate on a daily basis to keep you informed.
The euro to Naira Exchange Rate is the current exchange equivalent of the Euro. Rate varies for various banks and parallel markets.
How Much is Euro to Naira Official Exchange Rate Today
The parallel exchange rate (black market) exchange rate is always different from CBN rate. Currently, Naira is trading at 673 Naira Per Euro. The Nigerian Economy is drastically affected by the Euro to Naira exchange rate.
As Naira is falling, inflation takes over the economy which usually affects the citizens. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it.
The black market commonly referred to as the Aboki market rate for Euros is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN).
The CBN Exchange rate is the rate you can buy or sell Euros for naira listed on CBN Euro to naira website cbn.gov.ng.
Euro to Naira bank rate is the rate you use when purchasing something from foreign websites using your Naira Mastercard or Debit card from Nigerian Banks. These rates normally would always be lower than what is obtainable in the black market.
FAQ On Euro To Naira Black Market
Here are some frequently asked questions on Euro to Naira Black Market Exchange Rate Today.
How much is 1 euro to a Naira?
Exchange Rate of €1 Euro = ₦464.6 Naira (Official – CBN rate)
How much is 100 euro in Nigeria money?
The table below shows the official/CBN rate of European Euro to Naira.
| Conversion rates Euro / Nigerian Naira | |
|---|---|
| 10 EUR | 4406.13000 NGN |
| 20 EUR | 8812.26000 NGN |
| 50 EUR | 22030.65000 NGN |
| 100 EUR | 44061.30000 NGN |
What is the symbol of European currency?
€ is the Euro/Symbol.
The symbol € is based on the Greek letter epsilon (Є), with the first letter in the word “Europe” and with 2 parallel lines signifying stability. The ISO code for the euro is EUR.
Although we have highlighted some frequently asked questions above, if you still have any questions on Euro to Naira Black Market Exchange Rate Today, don’t hesitate to comment below and we would do well to answer them.
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