Euro to Naira Exchange Rate Today 2019 [Black Market] – Current Exchange Rate.
Euro to Naira Black Market Exchange Rate | Euro to Naira Exchange Rate for Monday, 7th January 2019, Current Euro (€) to Nigerian Naira (NGN ₦) Black Market Exchange Rate Today – See more details below;
- What is the current EURO to NAIRA black market exchange rate today?
- How much is 1 euro in NAIRA black market?
- Convert euro to NAIRA in black market rate.
- Euro to NAIRA black market
- Exchange rate euro to NAIRA black market today
- Naira exchange rate black market
Keywords like this keeps hitting the search engine daily due to the fluctuation of the NAIRA. Similar to the instance of Naira falling against some major currencies of the World, the Euro is not an exception. Driving from the 1 Euro = ₦300 to 1 Euro = ₦400, the naira hasn’t had enough, it’s still driving towards hitting 1 Euro = ₦500.
Current Euro to Naira Exchange Rate Today
As at today been Monday, 7th of January, 2019, 1 euro to naira black market exchange rate equals;
Buying => 1 Euro to Naira = N404
Selling => 1 Euro to Naira =N408
As prescribed above, the Euro to naira exchange rate in the black market is not pegged as CBN rate, as such, it fluctuates daily. For this regard, this page is updated frequently with the latest exchange rate for Euro to Naira in Black Market. We advise you to Bookmark this page.
Key Factors that Affect Increase in Euro to Naira
- Over dependency on importation
- Over dependency on oil export revenue
- The excessive demand for foreign currencies in the country.
- Obsession for foreign products and sevices
- Looting of public fund
- Lost trust in the economy
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