See the Euro-Naira black market rate today. The euro is one of the most popular currencies, and if you want to exchange it at the black market in your location, take note of the rates outlined here.
The black market rate is better compared to bank rates, and the price differs in various locations across the country. Two terms that readers should be aware of are buying and selling because we have used them extensively in our exchange rates article and we will summarize it before we continue with this article.
Buying means you are getting Euros from the black market rate with Naira while selling means you’re exchanging your Euros for the naira equivalent. The selling rate is always higher than the buying rate, though the difference is not much.
How Much Is the Euro [€] To Naira [₦] Black Market Rate Today (February 1, 2024)?
Today, February 1, 2024, the selling rate is ₦1565 while the buying rate is ₦1545, which means that if you have €1000, the naira equivalent is ₦1,565,000. If you want to get €1000, you will be charged ₦1,545,000.
| Selling Rate | ₦1565 |
| Buying Rate | ₦1545 |
How Much Is EURO-NAIRA BLACK MARKET RATE Today (February 1, 2024)?
There are two types of rates: the first is the black market rate, while the second is the CBN rate. Today, the selling rate is ₦1292 while the buying rate is ₦1291. If there is any change, you will be updated immediately via this section.
Euro To Naira Black Market Rate Table
| Amount In Euros (€) | Naira Equivalent(₦) |
| 1 | 1565 |
| 10 | 15,650 |
| 50 | 78,250 |
| 100 | 156,500 |
| 500 | 782,500 |
| 1000 | 1,565,000 |
| 10000 | 15,650,000 |
Facts About Euro (€)
Euro is the currency used by 20 European countries and it was launched on January 1, 1999. It is the second most traded currency in the world after the US Dollar and the countries that make use of this currency are:
- France
- Germany
- Greece
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Portugal
- Slovakia
- Slovenia
- Austria
- Belgium
- Croatia
- Cyprus
- Estonia
- Finland
- Spain
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