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AbokiFX Black Market Euro To Naira Exchange Rate Today May 19, 2022

The page’s primary focus is on Euro to Naira daily black market exchange rate today. The FX market is in a constant state of flux, rising or falling in response to economic and fiscal stimuli occurring anywhere on the planet earth.

One important reason you ought to check how much Euro to NGN black market exchange rate today is that it helps you to make a calculated decision, especially for businesses and students who need Euro for their education. You must know the price at the moment. This will help prevent buying or selling when it is not favourable.

Normal Exchange Today

ConvertintoResult –
1 Euro NGN1 European Union = 440 Nigerian Naira
10 Euro NGN10 European Union = 2,198 Nigerian Naira
50 Euro NGN50 European Union = 21,983 Nigerian Naira
100 Euro NGN100 European Union = 43,966 Nigerian Naira

 

Euro Black Market Calculator

Updated on 22 hours ago

AbokiFX Black Market

If I'm to sell or buy euro today in black market. What is the exchange rate? You can change the default amount below to any amount of your choice.

Sell:
Buy:

You can bargain higher if you are selling euro or lower if you’re buying dollar

Euro black market rate today is the same all over Nigeria such as Lagos, Port Harcourt, Asaba, Benin, Abuja, Kano, Kaduna, Ilorin, Port Harcourt, Abeokuta, Akure, Ibadan etc. You may experience a slight difference in exchange. 

About black market

In black market, when you sell indicates you are selling euro in exchange for naira. When you buy, you’re selling naira in exchange for euro. When you want to buy euro, the exchange is higher. That means you will pay more to receive euro. When you sell, the exchange is low.

In black market currencies exchange, the euro denomination will determine how much the abokis will be willing to buy. For example, a 100 euro note may sell for 580, a 50 euro note may sell for 560, and a 20 euro note may sell for 500. It is always advised to exchange the highest euro note.

Learn more

A black market exchange often called a parallel system is one in which transactions take place at more than one exchange rate and at least one of the prevailing rates is freely floating, market-determined. Black market exchange rate systems may be legal or illegal. Read more here.

 

 

 

Disclaimers
All data and information is provided “as is” for informational purposes only, and are not intended for trading purposes or financial, investment, tax, legal, accounting or other advice. Please consult your broker or financial representative to verify pricing before executing any trade. Fatherprada is not an investment adviser, financial adviser or securities broker.

None of the data and information constitutes investment advice nor an offering, recommendation or solicitation by Fatherprada to buy, sell or hold any security or financial product, and Fatherprada makes no representation (and has no opinion) regarding the advisability or suitability of any investment.

Fatherprada does not recommend using the data and information provided as the only basis for making any investment decision.

Data is provided by financial exchanges while the black market rate is provided by various Abokis. Fatherprada does not verify any data and disclaims any obligation to do so.

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