Euro to Nigerian Naira
Live EUR/NGN exchange rate with CBN and parallel market comparison
Central Bank of Nigeria official rate
+9.0% premium over CBN rate
Convert EUR to Naira
Quick Reference
EUR to Naira Exchange Rate Guide
The Euro (EUR) to Nigerian Naira (NGN) exchange rate is one of the most watched currency pairs in Nigeria. Whether you're receiving remittances from European Union, importing goods, or planning international transactions, understanding the EUR/NGN rate is essential.
Current EUR/NGN Rate Today
As of today, 1 Euro equals approximately ₦1,566.00 at the CBN official rate and ₦1,706.40 in the parallel market. The9.0% gap between these rates reflects the forex supply constraints in Nigeria's foreign exchange market.
How to Get the Best EUR to Naira Rate
To maximize the Naira you receive when converting Euro:
- Compare rates on NairaSpot's remittance comparison tool
- Consider digital money transfer services (Wise, WorldRemit, Yellow Card) which often offer better rates
- Set up rate alerts to notify you when rates reach your target
- Avoid airport and hotel Bureau de Change which typically have the worst rates
Sending EUR to Nigeria
If you're in European Union and want to send money to Nigeria, digital remittance services offer the best combination of rates and convenience. Most transfers arrive within minutes, and recipients can receive funds directly to their Nigerian bank account or mobile wallet.