Euro To Naira Exchange Rate Today & Black Market – December 2018

The post is updated everyday to give the day to day Exchange rate of the euro. The article contains euro to naira exchange bank rate, euro to naira, black market rate, western union and moneygram exchange rate to the naira.

Euro to Naira Black Market Rate

  • Buying @ 1 Euro 410.00 Naira
  • Selling @ 1 Euro  = 414.00 Naira

Naira to Euro Black Market Rate

  • Buying @ 1 Naira 0.00243 Euro 
  • Selling @ 1 Naira 0.00241 Euro

Euro to Naira CBN Rate

  • Buying @ 1 Euro 348.08 Naira
  • Selling @ 1 Euro = 349.22 Naira

Naira to Euro CBN Rate

  • Buying @ 1 Naira 0.00287 Euro 
  • Selling @ 1 Naira 0.00286 Euro 

Western Union Rates (EUR to NGN)

  • Receiving @ ₦388.54 per €1

MoneyGram Rates (EUR to NGN)

  • Receiving @ ₦400.24 per €1

About The Euro Currency

The European Euro came into existence on the first day of January 1999. Before this date it had been a goal of the European Union and its predecessors since as back in the 1960s.

After numerous negotiations, due to the opposition from the UK, the Maastricht Treaty entered into force in 1993 with the major goal of creating an economic and monetary union by 1999 for all European Union States except the United Kingdom and Denmark.

In the year 1999 the currency was born but just virtually and three years after which was in 2002 notes and coins began circulation.

With a short period of time the euro took over the former national currencies and it slowly expanded behind the rest of the European Union.

The Euro (€) Symbol

The symbol for the European euro is a curved “E” with two cross lines €.

The euros are divided into euro cents, each of the euro cent consisting of one-hundredth of a euro.

Countries That Uses Euro

The euro currency is one of the most powerful currencies in the world today, it is used by more than 175 million European, consisting of 19 of 28 EU member countries, also some countries that are not formally members of the European Union. The countries using the euro are:

  • Andorra (not EU member)
  • Austria
  • Belgium
  • Cyprus
  • Estonia
  • France
  • Finland
  • Germany
  • Greece
  • Ireland
  • Italy
  • Kosovo
  • Latvia
  • Lithuania
  • Luxembourg
  • Monaco (not EU)
  • Montenegro (not EU)
  • Malta
  • Netherlands
  • Portugal
  • San Marino (not EU)
  • Slovakia
  • Spain
  • Slovenia
  • Vatican City (not EU)

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