When you convert the 48400 Euro to Nigerian Naira, you get 88,595,716 NGN, using the rate of 0.0005 EUR for 1 NGN. This is the parallel market rate obtained using the black market average from sources outside the CBN.
You can use the currency converter above to check Euro rates and it’s NGN equivalent. . See also our USDT to Naira rates.
| Currency Conversion | Black Market Rate in Naira |
|---|---|
| 48400 Euros to Naira | 88,595,716 |
| 48400 Dollars to Naira | 81,062,740 |
| 48400 Tether USD to Naira | 80,319,800 |
| 48400 British Pounds to Naira | 106,198,844.4 |
Last 7 days, 48400 Euro was traded for 88,595,707 NGN, yesterday it went for 88,595,714.5 NGN, and today it averages 88,595,716 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 48400 Euros against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Thursday, 3rd October 2024 | €48400 = 88,595,716 Naira |
| Wednesday, 2nd October 2024 | €48400 = 88,595,714.5 Naira |
| Tuesday, 1st October 2024 | €48400 = 88,595,713 Naira |
| Monday, 30th September 2024 | €48400 = 88,595,711.5 Naira |
| Sunday, 29th September 2024 | €48400 = 88,595,710 Naira |
| Saturday, 28th September 2024 | €48400 = 88,595,708.5 Naira |
| Friday, 27th September 2024 | €48400 = 88,595,707 Naira |
| Amount in Euro | Naira Equivalent (NGN) |
|---|---|
| 1 Euro to Naira | 1,830.49 |
| 10 Euro to Naira | 18,304.9 |
| 20 Euro to Naira | 36,609.8 |
| 30 Euro to Naira | 54,914.7 |
| 40 Euro to Naira | 73,219.6 |
| 50 Euro to Naira | 91,524.5 |
| 60 Euro to Naira | 109,829.4 |
| 70 Euro to Naira | 128,134.3 |
| 80 Euro to Naira | 146,439.2 |
| 90 Euro to Naira | 164,744.1 |
| 100 Euro to Naira | 183,049 |
| 200 Euro to Naira | 366,098 |
| 300 Euro to Naira | 549,147 |
| 500 Euro to Naira | 915,245 |
| 700 Euro to Naira | 1,281,343 |
| 1,000 Euro to Naira | 1,830,490 |
| 1,500 Euro to Naira | 2,745,735 |
| 2,000 Euro to Naira | 3,660,980 |
| 3,000 Euro to Naira | 5,491,470 |
| 5,000 Euro to Naira | 9,152,450 |
| 10,000 Euro to Naira | 18,304,900 |
The Euro (€) is the official currency of the Eurozone, used by 20 of the 27 European Union countries. In Nigeria, the Euro is often traded on the black market due to strict government controls on foreign exchange, leading to significantly higher unofficial exchange rates compared to the official rates, as individuals and businesses seek to bypass regulations and access foreign currency more easily.
The Nigerian Naira (NGN) is the official currency of Nigeria, issued and regulated by the Central Bank of Nigeria. It is subdivided into 100 kobo and is symbolized by ₦.