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Naira to euro today

Euro · Nigerian naira · official rate

Official rate, CBN

1NGN0.0006651EUR

+0.00000433EUR+0.66%against the rate of 05.11
The other way1EUR1,503.54NGN
Source
Central Bank of Nigeria, central rate (official) 1
Published
working days, expected by 18:00 WAT
Live interbank
third-party widget, not this figure

A bank or a bureau will quote two other rates. It buys below this figure and sells above it; the gap is its margin, and a fee may come on top.

Euro and naira converter

Amount × the official rate of the CBN. The answer is already worked out for an example; change the amount or the currency to recalculate.

1,000 EUR in naira

1,503,541.70NGN

The other way:1,000 NGN0.6651EUR

At the CBN official rate, . How the rate is set

At a bank or a bureau you will get a different amount: it changes at its own buying and selling rates, not at this one, and may charge a fee.

Before you change money

Ask for the rate and the fee in writing and compare what you would get with this answer. The difference is what the exchange costs you.

Round amounts

At the official rate of CBN. Each amount has its own page where there is one.

EUR → NGN · Rate
AmountIn NGN
1 EUR1,503.54
10 EUR15,035.42
100 EUR150,354.17
1,000 EUR1,503,541.70
NGN → EUR · Rate
AmountIn EUR
1,000 NGN0.6651
5,000 NGN3.33
10,000 NGN6.65
50,000 NGN33.25
100,000 NGN66.51
500,000 NGN332.55
1,000,000 NGN665.10
5,000,000 NGN3,325.48

This page answers the reverse question: how much a single Nigerian naira is worth in euro. The figure is small, because the naira buys far less than the euro on the official market. That is normal for a conversion in this direction, and it is not a sign of anything unusual.

Who needs the reverse direction

People selling naira to obtain euro use it, as do those paying a foreign bill from local money. The table of round local amounts saves you from working out the decimal yourself: find the amount close to yours and read across.

Using the table

Sources

Every figure on this page points here by its number.

  1. 1Central bankCentral Bank of Nigeriacbn.gov.ngofficial rates, once a working day
  2. 2ReferenceFrankfurter, reference rates of central banks (ECB-based)frankfurter.devCAD and AUD per dollar, for the rows worked out through the dollar
  3. 3WidgetTradingViewtradingview.comthe live widget only; never a printed figure