How much is euro to naira today?

The euro to naira rate today is approximately ₦1,680–₦1,770 per €1 at the CBN-derived official rate, with the parallel market rate typically 5–15% higher. Use the live calculator above for the exact current figure.

How much is 100 euro in naira?

€100 converts to approximately ₦168,000–₦177,000 NGN at today's official rates. The parallel market rate may give you more naira per euro. Use our live converter above for the exact figure.

What is the best way to send euros to Nigeria?

For sending euros to Nigeria, Lemfi and Wise are the top choices for Nigerians in the eurozone. Both offer rates significantly better than European banks. Lemfi typically offers zero fees, while Wise charges a small percentage-based fee for full transparency.

🇳🇬 Rates updated:

Euro to Naira Rate Today

Live EUR to NGN exchange rate — official CBN rate and parallel market, updated daily.

CBN Official Rate

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per 1 EUR

Parallel Market

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per 1 EUR

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Using CBN Official Rate

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EUR to Nigerian Naira — Quick Reference Table

Live rates for common amounts. Both CBN official and parallel market rates.

Amount (EUR)	CBN Official (₦)	Parallel Market (₦)

Euro to naira today — Full Guide

The euro to naira exchange rate today is the most important currency conversion for Nigerians living in Germany, Italy, Ireland, the Netherlands, and other eurozone countries. With over 200,000 Nigerians in Europe, the EUR/NGN rate is searched thousands of times daily.

Like the dollar and pound rates, the euro to naira conversion exists in two versions — the official CBN rate and the parallel market rate. Understanding the gap between them helps you make smarter decisions when sending money home to Nigeria.

EUR/NGN: How the Euro Rate Is Calculated

The euro to naira rate is not directly set by the CBN — Nigeria's official rate is pegged to the US dollar via the NAFEM window. The EUR/NGN rate is derived by first converting EUR to USD at the prevailing EUR/USD forex rate, then converting USD to NGN at the CBN rate. This means that even if the CBN naira rate is stable, your euro-to-naira conversion changes daily based on EUR/USD movements driven by European Central Bank policy, eurozone economic data, and global risk sentiment.

Sending Euros to Nigeria from Germany, Italy or Ireland

For Nigerians in Germany and other eurozone countries, Lemfi offers some of the best EUR/NGN rates with no transfer fees. Wise is also available in the eurozone and provides full transparency on the exchange rate used. Some Nigerian diaspora communities use Grey Finance's euro accounts for transfers. Avoid traditional European banks for Nigeria transfers — their EUR/NGN spread can be 10–18% worse than digital alternatives.

Frequently Asked Questions

Answers to the most common questions about euro to naira today

The euro to naira rate today is approximately ₦1,680–₦1,770 per €1 at the CBN-derived official rate, with the parallel market rate typically 5–15% higher. Use the live calculator above for the exact current figure.
€100 converts to approximately ₦168,000–₦177,000 NGN at today's official rates. The parallel market rate may give you more naira per euro. Use our live converter above for the exact figure.
For sending euros to Nigeria, Lemfi and Wise are the top choices for Nigerians in the eurozone. Both offer rates significantly better than European banks. Lemfi typically offers zero fees, while Wise charges a small percentage-based fee for full transparency.

Everything you need for Nigerian Naira exchange rates