Black Market Euro To Naira Exchange Rate Today Wednesday, February 16, 2022, has emerged and has been obtained by BrandNewsDay.
Brand News Day Nigeria reports that this page will keep our readership up-to-date with the CBN Euro to naira today exchange rate alongside the Euro to naira black market is known as the parallel market which is operated by the Burea De Change (BDC).
So many Nigerians prefer to exchange their foreign currencies, especially the European Euro to Naira black market rate because the exchange rate is very high compared to what the bank offers.
The black market commonly referred to as the Aboki market rate for Euros is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN).
The CBN Exchange rate is the rate you can buy or sell Euros for naira listed on CBN Euro to naira website.
If you want to know the current black market rate, here is the page to find that,
Euro To Naira CBN Rate Today Wednesday: 1 Euro equals = N478.41 Nigerian Naira
Euro to Naira CBN Rate opens Today Wednesday, February 16 at the rate of N478.41, as against Tuesday, 15th of February 2022 when it closed at the rate of N477.26.
The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦478.41 per euro on Today Wednesday, February 16, after it closed at ₦478.41 per Euro on Tuesday, 15 February 2022. This represents a change of 0.16%.
Brand News Day Nigeria reports that the local currency opened at ₦645 per €1 at the parallel market otherwise known as the black market, Today Wednesday, February 16, in Lagos Nigeria, after it closed at ₦645.00 per €1 on Tuesday, 15 February 2022. This represents a change of N0 from the previous trading day.
| Date | Currency | Selling (NGN) | Buying(NGN) |
February 16, 2022 | US DOLLAR | 575 | 573 |
February 16, 2022 | POUNDS STERLING | 780 | 776 |
February 16, 2022 | EURO | 645 | 643 |
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