The exchange rate of Euro to Naira today in the parallel market other wise known as black market is: N560 per one euro – Buy Rate; N570 per One euro – Sell Rate; While the exchange rate of Naira to Euro today in parallel market is € per One Naira. Buying @ 1 Euro = 447.03 Naira; Selling @ 1 Euro = 448.21 Naira; Naira to Euro CBN Rate. This represents a 60 kobo gain when compared with the N394.60/$1 that it exchanged for on Thursday, December 9. The CBN official exchange rate of the Euro to Naira today is:. The Naira crashed again to an over 3-year low against the dollar, closing at N500/$1 at the parallel market. It also sold for as low as N383/$1 during intra-day trading. A: One Euro is worth 460.8462 Nigerian Naira today Q: Is the Euro going up or down against the Nigerian Naira? The Nigerian 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. Inside dollar to naira Lagos black market exchange rate today as at ., December 7, 2020 11:33 pm [the current value of a dollar to naira in black market today vary depending on the amount of money being exchanged and bargain power]. 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 represents a N1 gain when compared to the N476/$1 that it exchanged for on Friday, December 9. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. Nigerian Naira to Euro Conversion Last updated: 2020-11-03 19:11 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. Activity: US Dollar stands at ₦470/US$1 in the parallel market, READ ALSO: The risk of buying Forex at black market rate of N460/$1. This level of hardship can result to depression and possible death by suicide. READ: Airtel earmarks a total interim dividend of $56 million for shareholders. READ: CBN expects $24bn annual diaspora remittances – Emefiele. Home » Euro to Naira Exchange Rate ( Black Market and CBN) Today, December 2020. Euro to Naira Exchange Rate ( Black Market and CBN) Today, December 2020, Dollar to Naira Exchange Rate Today (Black Market and CBN), exchange rate euro to naira black market today, Forex Trading in Nigeria: How to Start, Understanding The Forex Trading Market, Pound To Euro Exchange Rate: Pound Bounces Back After London Attack, Snapchat Won’t Send Messages – How to Fix it Easily, Alexa is Flashing Green Light Ring on Echo Dot – …, How to Change Language on Facebook App and Desktop, Dollar to Naira Exchange Rate (Black Market and CBN) Today, …, Pound to Naira Exchange Rate (Black Market and CBN) Today, …. This corresponds to 1.75% rise this week. READ: Ethereum yearly gains up by 279%, nears $600. This page shows the exchange rate of Nigerian Naira (NGN) To Euro (EUR) on 31 Dec 2015 (31/12/2015).If you would like to view the current exchange rate of the currency pair, please visit Nigerian Naira (NGN) To Euro (EUR) Exchange Rates Today. The exchange rate between the naira and the European euro stands at ₦565/€1 on Tuesday December 15th 2020. The increase in record dollar supply after some previous trading days drop reinforces the volatility of the foreign exchange market. Notify me of follow-up comments by email. Data is collated from various black market dealers on the mainland and island parts of Lagos State where forex is sold. The Nigerian NAIRA foreign exchange rate has been on the decline at an alarming rate. Explore Data on the Nairametrics Research Website, Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. Despite the CBN intervention, the huge demand backlog by manufacturers and foreign investors still puts pressure and creates a volatile situation in the foreign exchange market. 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. Price for 100 Euro = 45626.2936 Nigerian Naira The worst day for conversion of 100 Euro in Nigerian Naira in last 10 days was the 14/09/2020. Convert Euro, Pounds, and Dollar to Naira NGN. googletag.pubads().definePassback('/42150330/nairametrics/Nairametrics_incontent_new', [300, 250]).set("page_url", "%%PATTERN:url%%").setClickUrl("%%CLICK_URL_UNESC%%").display(); Get the scoops and market intelligence that can helpyou make better investment decisions right in yourmailbox. The Euro occupies the fifth position in the list of the strongest currencies in the world today. Rand to Naira Black Market Rate. Ethereum yearly gains up by 279%, nears $600, Naira strengthens at forex market as CBN intervenes in the market, Naira stabilizes at black market as CBN continues its intervention in forex market, The risk of buying Forex at black market rate of N460/$1, Naira gains across forex markets as banks start payment of remittances in dollars, IMF urges Nigeria to increase monetary reforms to boost balance of payments, Naira maintains stability at forex markets as dollar supply rise by 57%, CBN Governor discloses why Nigeria must stop dependence on crude oil, Naira gains big at black market as CBN targets $2 billion monthly from IMTO, Airtel earmarks a total interim dividend of $56 million for shareholders, CBN expects $24bn annual diaspora remittances – Emefiele, CBN Governor discloses why they amended procedures for receipt of diaspora remittances, Max Air, Aero Contractors attribute fare hike to current exchange rate. The symbol of the Euro is € and it has an inflation rate of -0.6%. The Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1. Buying @ 1 Rand = 22.59 Naira Selling @ 1 Rand = 22.65 Naira Naira to Rand CBN Rate The supply of dollars has been on a decline for months due to low oil prices and the absence of foreign capital inflow into the country. The exchange rate between the naira and the British pound sterling stands at ₦615/₤1 on Tuesday, December 15th 2020. Sell: ₦ 1 = € 0.00175; Buy: ₦ 1 = € 0.00172; Previous Day Comparison. Change: € -0.000009 % Change: -0.52% Additional N1million to its price. The exchange rate between the naira and the US dollar for today (Tuesday, December 15th 2020), stands at ₦470/US$1 in the parallel market. Euro to Naira Black Market Rate. 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). This is as the Naira hit a record low of N600/$1 on the futures for 5-year settlement on Friday, as the severity of forex scarcity becomes more intense, according to a report from Reuters. This is a daily tracker and updated close of business. USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. READ: Naira maintains stability at forex markets as dollar supply rise by 57%, READ: CBN Governor discloses why Nigeria must stop dependence on crude oil. The price quoted daily on this page represents the average price obtained by our Research Team. On this page, access daily Naira to Dollar exchange rate for both the parallel market (black market) and the CBN.. 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. To keep yourself updated on the daily Euro to Naira exchange rate both in the Nigerian black market and the official Central Bank of Nigeria (CBN) rate you can simply subscribe to this blog and get the information delivered directly to your email. This represents an N3 gain when compared to the N393.25/$1 that it exchanged for on Thursday, November 26. This represents a 55 Kobo drop when compared to the N388.15 that was recorded on Thursday. The euro is the official currency of the European Union and its territories. However with this increase in prices of commodity and with the way Naira is depreciating, Salaries in Nigeria remain the same and at worst, companies are cutting down expenses and laying off their staffs as things get harder. Our prices are a guide and could be slightly different from the price you get when you eventually decide to buy or sell. A big fan of Manchester United Football Club. Also read: Dollar to Naira Exchange Rate Today (Black Market and CBN). 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