50885 Euro to Naira Black Market Today

The black market rate for 50885 Euro to Naira is 93,144,483.65 NGN as of today, 09:24 PM WAT.
50885 EUR = 93,144,483.65 NGN
* 1 EUR = 1,830.49 NGN* 1 NGN = 0.00055 EUR
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How much is 50885 Euro in Naira?

When you convert the 50885 Euro to Nigerian Naira, you get 93,144,483.65 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.

50885 Euro to Naira when compared to other Currencies

Currency ConversionBlack Market Rate in Naira
50885 Euros to Naira93,144,483.65
50885 Dollars to Naira84,768,303.8
50885 Tether USD to Naira84,265,560
50885 British Pounds to Naira111,651,409.035

Other Amounts

50885 Euro to NGN Price History (Last 7 Days)

Last 7 days, 50885 Euro was traded for 93,144,474.65 NGN, yesterday it went for 93,144,482.15 NGN, and today it averages 93,144,483.65 Naira in the black market. Here is the complete price chart in the last 7 days. Compare the daily prices for 50885 Euros against the Nigerian Naira, and the price movements for the week.

DateConversion Rate
Friday, 4th October 2024€50885 = 93,144,483.65 Naira
Thursday, 3rd October 2024€50885 = 93,144,482.15 Naira
Wednesday, 2nd October 2024€50885 = 93,144,480.65 Naira
Tuesday, 1st October 2024€50885 = 93,144,479.15 Naira
Monday, 30th September 2024€50885 = 93,144,477.65 Naira
Sunday, 29th September 2024€50885 = 93,144,476.15 Naira
Saturday, 28th September 2024€50885 = 93,144,474.65 Naira

EUR to NGN Conversion Rate Table

Currency Information

Euro (Black Market)

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.

Naira (NGN)

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 ₦.

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