If you are eager to have accurate information on the exchange rate of Euro to Naira in the black market today and also the official CBN rate of Euro to Naira today, then you will get all the information you need on this page. This page is updated daily or immediately if any changes have been affected in the parallel market and the Central Bank of Nigeria’s exchange rate of the Euro to Naira.
Table of Contents
The Euro (EUR)
The Euro is the currency used by countries located in the Eurozone of the continent of Europe. The countries that make use of the Euro currency include; Austria, Belgium, Germany, France, Finland, Estonia, Italy, Greece, Malta, Portugal, Netherlands, Spain, Slovakia, Slovenia, Luxembourg, etc.
The Euro occupies the fifth position in the list of the strongest currencies in the world today. The Euro is the second-largest reserve currency and also the second-most traded currency in the world today after the United States Dollar (USD). Records have it that as of 2013, more than 210 million people worldwide had traded with the Euro currency. The symbol of the Euro is € and it has an inflation rate of -0.6%.
The Nigeria Naira (NGN)
The Naira is the currency used by Nigeria, which is the biggest black nation in Africa. The Nigerian Naira has maintained a stand of being one of the strongest currencies in Africa during the 20th century, but getting to the 21st century, especially in recent times, things have really changed negatively. The Nigerian NAIRA foreign exchange rate has been on the decline at an alarming rate. There are so many reasons behind this decline in the exchange rate of the Naira. A hundred Kobo makes up a Naira and the symbol for the Kobo and Naira are Kobo and ₦ respectively. The code for the Naira is simply written as NGN.
Euro To Naira Exchange Rate in Black Market Today, September 2023
The exchange rate of the Euro to Naira in the black market today is as follows:
Buying rate: 1 EUR at 980 NGN
Selling rate: 1 EUR at 998 NGN
CBN Exchange Rate Of Euro to Naira Today, September 2023
The CBN official exchange rate of the Euro to Naira today is:
1 EUR = 821 NGN
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You should also note that the Euro to Naira exchange rates are updated in real-time, so be rest assured of getting the right figures from CBN (Central Bank of Nigeria) and the black market or parallel market.