When you convert the Euro to Nigerian Naira, you get 1,703.6 NGN, using the rate of 0.000587 Euro for 1 NGN. This is the parallel market rate obtained using the black market average from sources outside the CBN.
You can use the currency converter above to check Euro rates and it's NGN equivalent. See also our USDT to Naira rates.
Last 7 days, the Euro was traded for 1,694.6 NGN, yesterday it went for 1,702.1 NGN, and today it averages 1,703.6 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 1 Euro against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Saturday, 13th December 2025 | €1 = 1,703.6 Naira |
| Friday, 12th December 2025 | €1 = 1,702.1 Naira |
| Thursday, 11th December 2025 | €1 = 1,700.6 Naira |
| Wednesday, 10th December 2025 | €1 = 1,699.1 Naira |
| Tuesday, 9th December 2025 | €1 = 1,697.6 Naira |
| Monday, 8th December 2025 | €1 = 1,696.1 Naira |
| Sunday, 7th December 2025 | €1 = 1,694.6 Naira |
| Amount in Euro | Black Market Rate in Naira |
|---|---|
| 1 Euro to Naira | 1,703.6 |
| 10 Euro to Naira | 17,036 |
| 20 Euro to Naira | 34,072 |
| 30 Euro to Naira | 51,108 |
| 40 Euro to Naira | 68,144 |
| 50 Euro to Naira | 85,180 |
| 60 Euro to Naira | 102,216 |
| 70 Euro to Naira | 119,252 |
| 80 Euro to Naira | 136,288 |
| 90 Euro to Naira | 153,324 |
| 100 Euro to Naira | 170,360 |
| 200 Euro to Naira | 340,720 |
| 300 Euro to Naira | 511,080 |
| 500 Euro to Naira | 851,800 |
| 700 Euro to Naira | 1,192,520 |
| 1,000 Euro to Naira | 1,703,600 |
| 1,500 Euro to Naira | 2,555,400 |
| 2,000 Euro to Naira | 3,407,200 |
| 3,000 Euro to Naira | 5,110,800 |
| 5,000 Euro to Naira | 8,518,000 |
| 10,000 Euro to Naira | 17,036,000 |
| Amount (Nigerian Naira) | Euro Price |
|---|---|
| 1 NGN | 0.001 EUR |
| 100 NGN | 0.059 EUR |
| 1,000 NGN | 0.587 EUR |
| 10,000 NGN | 5.87 EUR |
| 15,000 NGN | 8.805 EUR |
| 20,000 NGN | 11.74 EUR |
| 50,000 NGN | 29.35 EUR |
| 60,000 NGN | 35.22 EUR |
| 70,000 NGN | 41.089 EUR |
| 100,000 NGN | 58.699 EUR |
| 150,000 NGN | 88.049 EUR |
| 250,000 NGN | 146.748 EUR |
| 300,000 NGN | 176.098 EUR |
| 500,000 NGN | 293.496 EUR |
| 700,000 NGN | 410.895 EUR |
| 1,000,000 NGN | 586.992 EUR |
| 2,000,000 NGN | 1,173.985 EUR |
The Euro (€) is the official currency of the Eurozone, used by 20 of the 27 European Union countries. In Nigeria, the Euro is often traded on the black market due to strict government controls on foreign exchange, leading to significantly higher unofficial exchange rates compared to the official rates, as individuals and businesses seek to bypass regulations and access foreign currency more easily.
The Nigerian Naira (NGN) is the official currency of Nigeria, issued and regulated by the Central Bank of Nigeria. It is subdivided into 100 kobo and is symbolized by ₦.