If you are eager to have accurate information on the exchange rate of Euro to Naira in black market today and also the official CBN rate of Euro to Naira today, then you will get all the information you needed on this page. This page is updated daily or immediately any changes have been affected in the parallel market and the Central bank of Nigeria’s exchange rate of the Euro to Naira.
The Euro (EUR)
The Euro is the currency used by countries found located in the Euro zone of the continent Europe. The countries that makes use of the Euro currency includes; 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 most 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 at 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 Nigeria Naira has maintained a stand of being one of the strongest currency 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 in 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, August 2019
The exchange rate of the Euro to Naira in black market today are as follows:
Buying = 1 EUR to 395 NGN
Selling = 1 EUR to 400 NGN
CBN Exchange Rate Of Euro to Naira Today, August 2019
The CBN official exchange rate of the Euro to Naira today is:
1 EUR = 342 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.