Exchange rates used for currency conversion updated on May 17th 2024 ( 05/17/2024 )
Below you will find the latest exchange rates for exchanging Euro (EUR) to Nigerian Naira (NGN) , a table containing most common conversions and a chart with the pair's evolution.
The Euro (EUR) to Nigerian Naira (NGN) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Euro and Nigerian Naira on 05/17/2024 is 1 EUR = 1653.9037 NGN - AVERAGE intraday quotes were used for this currency conversion.
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
About Nigerian Naira (NGN)
Nigeria is a country in Africa that borders the Gulf of Guinea on the Atlantic Ocean. The naira is the official currency of the country and is divided into 100 kobo. Denominations of the naira include N5, N10, N20, N50, N100, N200 and N500. Most banks do not offer currency exchange so visitors must find moneychangers in order to convert foreign currency into naira.
