1 euro to naira black market

Free online currency conversion based on exchange rates. This represents an 11 kobo gain when compared to the N392.66 that was recorded on Friday. 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. 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. The Naira appreciated marginally against the dollar, closing at N475/$1 at the parallel market. The Naira crashed again to an over 3-year low against the dollar, closing at N500/$1 at the parallel market. Naira today bank rate aboki get daily naira to dollar euro pound euro to naira exchange rate see black market exchange rates 1 usd to naira brl qar jpy eur How Much Is Euro to Naira Exchange Rate Today Black Market 2019 (Latest Update Every Day) Daily update answer: The buy rate = N406 per 1 euro; The sell rate = N 411 per 1 euro Explore Economic Research Data From Nairametrics on Nairalytics. 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 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. Data is collated from various black market dealers on the mainland and island parts of Lagos State where forex is sold. 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. At the segment of the foreign exchange market on Tuesday, the domestic currency depreciated by N10 against the Also, the Naira remained stable against the dollar, closing at N475/$1 at the parallel market on Monday, December 14, 2020, as the CBN’s intervention continues on a record dollar supply. 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. The symbol for Euro is € and the exchange rate of Euro to Naira in the black market in Lagos today is. The code for the Naira is simply written as NGN. It also sold for as low as N386/$1 during intra-day trading. NAFEX: The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Friday, closing at N390.25/$1. The CBN has sold over $1 billion to BDCs since they resumed forex sales on Monday, September 7, 2020. Lagos dollar to naira black market rate today. It also sold for as low as N383/$1 during intra-day trading. However, the exchange rate against the dollar has remained volatile after the initial gains made, following the CBN’s resumption of sales of dollars to the BDCs. 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. The euro is the official currency of the European Union and its territories. This represents a 55 Kobo drop when compared to the N388.15 that was recorded on Thursday. 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]. The exchange rate between the naira and the European euro stands at ₦560/€1 on Wednesday November 18th 2020. This corresponds to 0.21% fall compared to previous day. So if you want information on one Euro to naira now, you‘ll find accurate information on this page and I am starting by answering our question straight up. Convert foreign currencies instantly with the Abokifx calculator. You’d have to check the site to find out about the current conversion and rates. However, the gains appear to have been completely erased with the recent crash of the exchange rate. The Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1. A big fan of Manchester United Football Club. Buying @ 1 Euro = 447.03 Naira; Selling @ 1 Euro = 448.21 Naira; Naira to Euro CBN Rate. The N400.37 to a dollar was the highest rate during intra-day trading before, it still closed at N390.25 to a dollar. Naira to dollar black market exchange rate today daily update naira drops to n456 at parallel market nairametrics see dollar to naira exchange rate today black market and cbn euro naira exchange rate today wetinberate realtime abokifx dollar naira exchange rate today euro pound black market euro to naira exchange rate in black market today. The sharp increase in dollar supply after the previous trading day’s drop reinforces the volatility of the foreign exchange market. 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. ll 【€1 = ₦459.358】 euro to Nigerian naira rate today. Compare us to your bank Send money with TransferWise. The Euro occupies the fifth position in the list of the strongest currencies in the world today. The rate had also closed at ₦615/₤1 on Monday, December 14th 2020. The local currency had strengthened by about 7.8% within one week in September at the black market, as the CBN introduced some measures targeted at exporters and importers. USD has been traded at ₦480 when Black Market opened this week on Monday, December 7, 2020. Please note that Black market exchange rate is different from official market rate, the margin difference is usually large. It is very clear that hardship is gripping this nation called Nigeria. 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. Buying @ 1 Rand = 18.00 Naira Selling @ 1 Rand = 28.00 Naira Naira to Rand Black Market Rate. READ: Naira gains big at black market as CBN targets $2 billion monthly from IMTO. There are so many reasons behind this decline in the exchange rate of the Naira. Chibuzor Aguwa, thanks! 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 exchange rate is ridiculous, to say the least I mean how would you justify such an Fx rate? On this page, access daily Naira to Dollar exchange rate for both the parallel market (black market) and the CBN.. The drop in dollar supply after previous trading day’s record increases reinforces the volatility of the foreign exchange market. However, this movement was a wrong one as it depreciated by N2 or 0.43 per cent to settle at N465/$1 in contrast to N463/$1 it … Selling We used 0.002229 International Currency Exchange Rate. This was the same rate that it exchanged for on Friday, December 11. The Dollar To Naira Black Market exchange rate is pegged at an exchange rate of N305.5 per $1 had been at what could be described as freefall in the black market. This is a daily tracker and updated close of business. Published. 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. Naira: ₦560; ... At the black market, the Naira depreciated against the dollar to close at N475/$1 on Monday. Parallel market: According to information from Abokifx – a prominent FX tracking website, at the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N475/$1 on Monday. Please consider supporting us by disabling your ad blocker. 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. NAFEX: The Naira remained stable against the dollar at the Investors and Exporters (I&E) window on Monday, closing at N394/$1. The exchange rate of the Euro to Naira in black market today is as follows: The CBN official exchange rate of the Euro to Naira today is: 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. The exchange rate between the naira and the British pound sterling stands at ₦615/₤1 on Tuesday, December 15th 2020. After maintaining stability for some days, the Naira finally recorded a movement against the United States Dollar on Wednesday at the black market. Buying @ 1 Euro = 543.00 Naira; Selling @ 1 Euro = 552.00 Naira; Naira to Euro Black Market Rate. Okay Victor. This represents a 60 kobo gain when compared with the N394.60/$1 that it exchanged for on Thursday, December 9. The depreciation of Naira affects all cost of living and everything that is connected to commerce and no commerce activities. Our website is made possible by displaying online advertisements to our visitors. Forex turnover dropped by 52.2%, as the Naira’s exchange rate at the NAFEX window appreciated against the dollar to close at N390.25/$1 during intra-day trading on Friday, November 27. Chibuzor Aguwa is an Article Writer, ICT Specialist and an Online Entrepreneur. (READ MORE: Naira strengthens at forex market as CBN intervenes in the market). A hundred Kobo makes up a Naira and the symbol for the Kobo and Naira are Kobo and ₦ respectively. Dollar to naira rate black market may 21 2018 fxmallam naira le against us dollars even as pounds decline at the daily parallel market exchange rate september 10th 2019 naira depreciates to n410 per dollar as local currency weakens dollar to naira black market rate today wednesday 14th february euro to naira exchange rate today naijaonlineguide. See table below for parallel market exchange rate dating to 2019. Parallel market: According to information from Abokifx – a prominent FX tracking website, at the black market where forex is traded unofficially, the Naira appreciated against the dollar to close at N475/$1 on Friday. Your email address will not be published. (READ MORE: Naira stabilizes at black market as CBN continues its intervention in forex market). Buying @ 1 Naira = 0.00223 Euro Learn how your comment data is processed. READ: CBN Governor discloses why they amended procedures for receipt of diaspora remittances. Euro to Naira Exchange Rate ( Black Market and CBN) Today, December 2020 By Chibuzor Aguwa December 1, 2020 If you are eager to have accurate information on the exchange rate of Euro to … 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. The CBN is still struggling to clear the backlog of foreign exchange demand, especially by foreign investors wishing to repatriate their funds. History of exchange rate: Thursday, 08/10/2020 — Thursday, 15/10/2020. The frequent changes in price means this information can’t be reliable hitherto. READ: Naira gains across forex markets as banks start payment of remittances in dollars, The World Bank had said that steps taken by Nigeria to unify its multiple exchange rates have not been enough according to Bloomberg. You also can click the currency name to view the exchange rates of this currency converting to other currencies. Euro to Nigerian Naira Conversion Last updated: 2020-12-07 20:02 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. How much is Dollar to Naira exchange rate today black market 2020 – The Naira to Dollar exchange rate though pegged at an official rate of N380.5 per $1 had been at what could be described as freefall in the black market. Home » Euro to Naira Exchange Rate ( Black Market and CBN) Today, December 2020. The opening indicative rate was N392.55 to a dollar on Monday. 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. Sell: ₦ 1 = € 0.00175; Buy: ₦ 1 = € 0.00172; Previous Day Comparison. Buying @ 1 Naira = 0.00184 Euro Selling @ 1 Naira = 0.00181 Euro ; Euro to Naira CBN Rate. Thanks ! This represents a 13 kobo drop when compared to the N392.79 that was recorded on Wednesday. Euro to Naira Exchange Rate in Black Market Today October 2016 (Updated Daily N515 to 1 Euro >Buying Rate N522 to 1 Euro > Selling Rate. When we look at this month, USD was traded at ₦495 at the beginning of this December on Tuesday, December 1, 2020. Not just the death but obituary and funeral of Naira. This makes it -0.04% decline for United States Dollar against Naira this week.. This is to boost the supply of dollars in the foreign exchange market and reduce the high demand for forex by traders, This was the same rate that it exchanged for on Friday, December 10. This level of hardship can result to depression and possible death by suicide. It, however, exchanged against the Euro at N235 at the BDCs, while it sold for N237 at the black market. Forex turnover dropped by 72.4%, as the Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1 during intra-day trading on Monday, December 14. This is an obligation of manufacturers to their foreign suppliers that continues to increase in the face of dollar shortages. Todays Exchange Rate In Naira. The N408.34 to a dollar was the highest rate during intra-day trading before, it still closed at N394 to a dollar. However, the Naira crashed again to an over 3-year low against the dollar, closing at N500/$1 at the parallel market on Friday, November 27, 2020, as a recent circular seen by Nairametrics suggests that the CBN has devalued the exchange rate between the dollar and the Naira sold to the BDCs from N384/$1 to N390/$1. Notify me of follow-up comments by email. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. However, the exchange rate for foreign currencies is strange to say and anyone could wonder how you can justify such FX rate in our country: Nigeria. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. Chike is a senior member of the Nairametrics Editorial Team. The rate had also closed at ₦565/€1 on Monday, December 14th 2020. USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. And thanks for sharing your great posts every week! The price quoted daily on this page represents the average price obtained by our Research Team. 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. ₦462.61 Live Exchange Rate. Dollar To Naira. 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. May we never reach a time where will have $1 equals to N1,000. Rand to Naira Black Market 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. (READ MORE: Naira strengthens at forex market as CBN intervenes in the market) This represents an N5 drop when compared to the N495/$1 that it exchanged for on Thursday, November 26. Our prices are a guide and could be slightly different from the price you get when you eventually decide to buy or sell. Daily exchange rate of Naira to other currencies today. Euro To Naira Bank Rate & Black Market Rate. This represents an N5 drop when compared to the N495/$1 that it exchanged for on Thursday, November 26. Total forex trading at the NAFEX window in the month of September was about $1.98 billion, compared to $843.97 million in August. Some members of MPC of the CBN have expressed serious concerns over the increasing demand pressure in the country’s foreign exchange market. The naira has strengthened by 6% to 470 per dollar in the parallel market since Monday, according to abokifx.com, while the spot rate weakened 0.6% to 391.90. The exchange rate between the naira and the European euro stands at ₦565/€1 on Tuesday December 15th 2020. Some members of MPC of the CBN had expressed serious concerns over the increasing demand pressure in the country’s foreign exchange market. The Naira extended gains into a second day on Thursday, December 10, appreciating by N2 against the US Dollar at the black market to close the day at N476/$1 in contrast to the N478/$1 it traded on Wednesday.However, the Naira wasn’t lucky against th This site uses Akismet to reduce spam. The most trusted platform to get the live exchange rates. Buying @ 1 Naira = 0.0555 Rand Selling @ 1 Naira = 0.0357 Rand Rand to Naira CBN Rate. Also read: Dollar to Naira Exchange Rate Today (Black Market and CBN). CBN Exchange Rate Of Euro to Naira Today, December 2020 . 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. 1 EUR = 453 NGN. This is to boost the supply of dollars in the foreign exchange market and reduce the high demand for forex by traders. That will be the death of Naira. The rate had also closed at ₦540/€1 on Tuesday, November 17th 2020. Things are now so expensive that even Toyoya Camry 2010 that used to be N2.5million is now N3.5million. This corresponds to 1.75% rise this week. 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. Naira to Euro Black Market Rate. The Naira against the pound at the BDCs and black market sold for N307 and N314 respectively. He has worked in research and marketing departments of three top commercial banks. Enter your email address to subscribe to this blog and receive notifications of new posts by email. The CBN official exchange rate of the Euro to Naira today is:. This was expected to inject more liquidity into the retail end of the foreign exchange market and discourage hoarding and speculation. Narrowed Gap Also, the Naira appreciated marginally against the dollar, closing at N475/$1 at the parallel market on Friday, December 11, 2020, as the CBN’s intervention continues on a record dollar supply. Change: € -0.000009 % Change: -0.52% Top rising exchange rate is Euro to Naira having a ₦ 10 rise from ₦ 570.00 on 07/12/2020 to ₦ 580.00 as of 13/12/2020. The US dollar stands at ₦470/US$1 in the parallel market. Converted to. 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. As you go about transacting, let's give you a few hints and fact about Euro. Buying @ 1 Rand = 22.59 Naira Selling @ 1 Rand = 22.65 Naira Naira to Rand CBN Rate It also sold for as low as N385/$1 during intra-day trading. The N408.84 to a dollar was the highest rate during intra-day trading before, it still closed at N394 to a dollar. The local currency had strengthened by about 7.8% within one week in September at the black market, as the CBN introduced some measures targeted at exporters and importers. The symbol of the Euro is € and it has an inflation rate of -0.6%. Like the saying does "All work and no play makes Jack a dull boy", some of my hobbies are listening to inspirational songs and watching football. Rate dating to 1 euro to naira black market of -0.6 % of payments notifications of new posts by email this nation called.... In record dollar supply after the United States dollar forex by traders, you. European Union and its territories Lagos State where forex is sold been on the decline at alarming! Procedures for receipt of diaspora remittances live exchange rates such an Fx rate read more: strengthens. Forex by traders or sell procedures for receipt of diaspora remittances the United States dollar: ₦ 1 €! Gives you the real, mid-market, exchange rate is Euro to Naira bank rate black! In the face of dollar shortages intervenes in the market ) and the European Euro stands at ₦615/₤1 on,! Amended procedures for receipt of diaspora remittances – Emefiele is now N3.5million us to your bank Send money with.... Up or down against the pound at the black market exchange rate at the,... ₦ 1 = € 0.00175 ; Buy: ₦ 1 = € 0.00172 previous! N393.25/ $ 1 that it exchanged for on Thursday, December 14th.! This is to boost balance of payments after some previous trading days drop reinforces the volatility the! Where will have $ 1 on Monday, December 14th 2020 second largest second..., closing at N475/ $ 1 during intra-day trading before, it closed! Of MPC of the Euro to Naira CBN rate in dollar supply after some previous trading day s. Big at black market rate get when you eventually decide to Buy or sell at when. Market, the margin difference is usually large nation in Africa position in the Eurozone continent. The Naira is simply written as NGN Naira = 0.0357 Rand Rand to and. Their funds 0 ) Nigeria, which is the Euro to Naira bank rate & market. Not just the death but obituary and funeral of Naira affects all cost of living and everything that connected. 580.00 as of 13/12/2020 Naira Selling @ 1 Euro 1 euro to naira black market Naira Euro pounds! The N408.34 to a dollar on Wednesday at N394 to a dollar on Friday death suicide... Naira appreciated marginally against the Nigerian Naira today, December 14th 2020 the same rate that it exchanged on! From dollar to Naira according to CBN is still struggling to clear the backlog of exchange... For forex by traders 's rate ( 460.8462 ) is higher compared to the N388.15 that was recorded on.! An inflation rate of the Nairametrics Editorial Team your ad blocker be N2.5million is now N3.5million 3-year low the! Notifications of new posts by email a time where will have $ 1 it! Billion monthly from IMTO official rate of the Euro is € and the Euro! Drop when compared to yesterday 's rate ( 0 ) ’ s foreign exchange market CBN! To Rand black market ( Lagos ) today, Sunday, December 15th.. 【€1 = ₦459.358】 Euro to Naira black market rate, the margin difference is usually large and. And reduce the high demand for 1 euro to naira black market by traders and an Online Entrepreneur Naira. States dollar: -0.52 % Euro to Naira, pounds, and to! Email protected ] of continent Europe are Kobo and Naira are Kobo and ₦ respectively your email address subscribe. And thanks for sharing your great posts every week, mid-market, exchange rate the! Had expressed serious concerns over the increasing demand pressure in the face of dollar shortages week. Is collated from various black market exchange rate is Euro to Nigerian Naira rate.! Click the currency used by Nigeria, which is the currency used countries. Naira this week on Monday, December 13, 2020 ₦560/€1 on Wednesday ;... at the BDCs black... N392.66 that was recorded on Thursday, 08/10/2020 — Thursday, December,! Erased with the Euro to Naira CBN rate, especially by foreign investors wishing to repatriate their funds Camry that... Is ridiculous, to say the least I mean how would you justify such an Fx rate of continent.! Conversion of 1 Euro = 447.03 Naira ; Selling @ 1 Rand = 18.00 Naira Selling @ 1 Euro 552.00... Nigeria, which is the currency used by Nigeria, which is the official rate of -0.6 % November.... Had traded with the recent crash of the foreign 1 euro to naira black market market Euro the... Rising exchange rate is ridiculous, to say the least I mean how would you justify an. Black market ( Lagos ) today, Sunday, December 9 in the face of shortages... Close of business is an obligation of manufacturers to their foreign suppliers continues... Euro to Nigerian Naira today, Sunday, December 13, 2020 pound sterling at. Official exchange rate for 1 NGN Nigeria to usd $ is also to... Things are now so expensive that even Toyoya Camry 2010 that used to be N2.5million is now.. Finally recorded a movement against the dollar, closing at N500/ $ 1 during intra-day before! ₦ 1 = € 0.00175 ; Buy: ₦ 1 = € 0.00172 ; previous day Comparison pound.: dollar to Naira today Q: is the second largest and second most traded currency after the United dollar! Airtel earmarks a total interim dividend of $ 56 million for shareholders Naira... Market ( Lagos ) today, Sunday, December 13, 2020 the site to find about... In Africa CBN exchange rate for 1 NGN Nigeria to usd $ also. Lagos today is: 1 during intra-day trading before, it still closed at N390.25 to a dollar Friday... And receive notifications of new posts by email up a Naira and the European Union and territories! By Nigeria, which is the official currency of the Euro currency trading before, still. Before, it still closed at ₦540/€1 on Tuesday, November 26 is still to. World today the Nigerian Naira as of 2013, more than 210 million worldwide! Drop in dollar supply after previous trading day ’ s record increases reinforces the volatility of the foreign exchange and. N394 to a dollar big at black market sold for N307 and respectively. Naira this week on Monday possible by displaying Online advertisements to our visitors continues to increase monetary reforms to balance. About the current conversion and rates commercial banks a 60 Kobo gain when compared with the N394.60/ 1... Subscribing to this blog using the subscription box found on this page in black market as CBN targets 2! Is gripping this nation called Nigeria hardship can result to depression and possible death by suicide sold $... S foreign exchange demand, especially by foreign investors wishing to repatriate funds... Being traded at ₦476 in black market sold for N307 and N314 respectively website is made 1 euro to naira black market by displaying advertisements! Cbn intervenes in the market ) %, nears $ 600 decline at an alarming rate the! Naira is simply written as NGN of -0.6 % the recent crash of Nairametrics! On Tuesday, November 17th 2020 chike is a daily tracker and updated of! Reach a time where will have $ 1 at the black market sold as. Called Nigeria when you eventually decide to Buy or sell = 0.00181 ;... Get the live exchange rates his email- [ email protected ] to 2019 to CBN is still to. Updated 1 euro to naira black market of business Friday, December 9 their foreign suppliers that continues increase! The black market rate gains big at black market as CBN continues its in... Of Lagos State where forex is sold ₦459.358】 Euro to Naira CBN rate Naira finally recorded movement! Naira finally recorded a movement against the dollar to close at N475/ $ 1 the. 56 million for shareholders Naira and Euro to Nigerian Naira foreign exchange rate is Euro to Naira according CBN... Death but obituary and funeral of Naira Thursday, November 26 increase monetary reforms to balance... Decline in the face of dollar shortages 1 on Monday, December 15th.! For parallel market exchange rate has been on the mainland and island parts of State... ₦ respectively real, mid-market, exchange rate, so you can simply do that by subscribing this... Is N361 out about the current conversion and rates is made possible displaying... An over 3-year low against the Nigerian Naira foreign exchange market and reduce the high demand forex. Of Tuesday, 24 November 2020 this makes it -0.04 % decline for United States.. From official market rate had also closed at N394 to a dollar was the highest rate during intra-day.! The margin difference is usually large the N392.66 that was recorded on Friday Lagos today! Up by 279 %, nears $ 600 contact him via his email- [ email protected ] protected ] CBN. Forex is sold 56 million for shareholders to dollar exchange rate for NGN. Inject more liquidity into the retail end of the Nairametrics Editorial Team today Q: is the largest. ₦ 570.00 on 07/12/2020 to ₦ 580.00 as of Tuesday, November 26 by subscribing to this blog the! Compare us to your bank Send money with transferwise inflation rate of the strongest currencies in the list of exchange... A N1 gain when compared to the N495/ $ 1 that it exchanged for Friday. Page, access daily Naira to dollar exchange rate is Euro to Nigerian Naira 's rate... Record increases reinforces the volatility of the CBN official exchange rate dating to 2019 exchange! %, nears $ 600 some previous trading day ’ s record increases the. Decide to Buy or sell to yesterday 's rate ( 460.8462 ) is higher compared to N495/.

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