Euro to Naira Black Market Rate 12 July 2026

Euro to Naira Black Market Rate Abokifx

12 July 2026, the exchange rate for 1 Euro to Nigerian Naira is ₦1,625. Compared to yesterday, this represents a ↑ 0.31% in value.

If you're planning to buy 1 Euro at street value, the current rate would cost you approximately ₦1,625.
Do you have 1 Euro to sell? Here is the rate: ₦1,580 for EUR.

Rate Type	Amount (₦)
Buy Rate	1,580
Sell Rate	1,625

Qty	Sell Total (₦)
1	₦1,625
2	₦3,250
3	₦4,875
4	₦6,500
5	₦8,125
6	₦9,750
7	₦11,375
8	₦13,000
9	₦14,625
10	₦16,250
11	₦17,875
12	₦19,500
13	₦21,125
14	₦22,750
15	₦24,375
16	₦26,000
17	₦27,625
18	₦29,250
19	₦30,875
20	₦32,500
21	₦34,125
22	₦35,750
23	₦37,375
24	₦39,000
25	₦40,625
26	₦42,250
27	₦43,875
28	₦45,500
29	₦47,125
30	₦48,750
31	₦50,375
32	₦52,000
33	₦53,625
34	₦55,250
35	₦56,875
36	₦58,500
37	₦60,125
38	₦61,750
39	₦63,375
40	₦65,000
41	₦66,625
42	₦68,250
43	₦69,875
44	₦71,500
45	₦73,125
46	₦74,750
47	₦76,375
48	₦78,000
49	₦79,625
50	₦81,250
51	₦82,875
52	₦84,500
53	₦86,125
54	₦87,750
55	₦89,375
56	₦91,000
57	₦92,625
58	₦94,250
59	₦95,875
60	₦97,500
61	₦99,125
62	₦100,750
63	₦102,375
64	₦104,000
65	₦105,625
66	₦107,250
67	₦108,875
68	₦110,500
69	₦112,125
70	₦113,750
71	₦115,375
72	₦117,000
73	₦118,625
74	₦120,250
75	₦121,875
76	₦123,500
77	₦125,125
78	₦126,750
79	₦128,375
80	₦130,000
81	₦131,625
82	₦133,250
83	₦134,875
84	₦136,500
85	₦138,125
86	₦139,750
87	₦141,375
88	₦143,000
89	₦144,625
90	₦146,250
91	₦147,875
92	₦149,500
93	₦151,125
94	₦152,750
95	₦154,375
96	₦156,000
97	₦157,625
98	₦159,250
99	₦160,875
100	₦162,500

While the above rate reflects the rate that is being traded in Abuja and Lagos, it is important for you to note that exchange rate disparities could exist even among different segments of the black market. So you could get a rate that varies slightly from what was quoted above, but the difference will not be much.

When planning to exchange currency, always consider checking the rates displayed on Nairatoday on a daily basis. Remember, it’s essential you compare rates from various dealers out there, to ensure you receive the best value for your money.

Given the dynamic nature of currency markets and how the Naira to Euro fluctuates regularly, it’s prudent to verify current rates only from reliable and up-to-date sources before conducting any currency exchanges.

Remember that having a perfect understanding about the Euro to Naira exchange rate is very crucial for making informed financial decisions that are to your advantage. Keep visiting this site to not just stay informed but to compare rates.

Things You Didn’t Know About the Euro

• Plans to introduce a single currency in Europe started in the 1960s: Though the currency was launched in the early 90s, member states started putting adequate preparations on ground as early as the 60s. The Treaty of Maastricht of 1992 saw the establishment of rules that govern the currency.
• Only 12 countries used the Euro at first: Germany, Finland, Austria, Greece, Belgium, Luxembourg, Spain, Portugal, Italy, Ireland, France, and The Netherlands were the very first countries that adopted the currency before others followed.
• United Kingdom and Denmark are the two countries that have recently and successfully opted out from the Union.
• Banknotes of various denominations and coins were introduced in early 2001.
• The points listed above are some important facts about the Euro. Although when the currency was about to be launched, there were a series of problems encountered.
• The symbol for Euro is € and the exchange rate of Euro to Naira in the black market in Lagos today is... Please note that black market exchange rate is different from the official market rate, and the margin difference is usually large. As you go about transacting, let’s give you a few hints and facts about Euro.
• Euro is a currency introduced to harmonize and perfect a Single European Market. Its aim and objective are to facilitate free trade and economic activities in the Eurozone axis of participating countries.
• Being a new currency, Euro has successfully outperformed most currencies and climbed to the 2nd position in the forex exchange market.
• Euro comes in the following denominations: €500, €200, €100, €50, €20, €10, and €5.
• With over €1.3 trillion in circulation, Euro is the most traded currency in the foreign exchange market after the USD. The main issuing body of Euro is the European Central Bank with headquarters in Frankfurt am Main, Germany.
• About 19 European countries within the eurozone make use of the Euro as their official currency.