Currency Exchange Rate: EUR To NGN

EUR - EuroConvert: Euro to Nigerian Naira

1 EUR = 424.5935 NGN

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Remittance EUR to NGN Exchange Rates:
Company name:Currency:Rate:
Western Union1 EUR435.251 NGN
MoneyGram1 EUR425.8834 NGN
Xendpay1 EUR425.2174 NGN
XpressMoney1 EUR418.9806 NGN
Azimo1 EUR418.8409 NGN
WorldRemit1 EUR418.7546 NGN
ACE Money Transfer1 EUR414.2115 NGN

EUR Currency Details

The euro (sign: €; code: EUR) is the official currency of the eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The currency is also officially used by the institutions of the European Union and four other European countries, as well as unilaterally by two others, and is consequently used daily by some 337 million Europeans as of 2015. Outside of Europe, a number of overseas territories of EU members also use the euro as their currency. Additionally, 210 million people worldwide as of 2013 use currencies pegged to the euro. The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar. As of January 2017, with more than €1,109,000,000,000 in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar at one point. The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743). Physical euro coins and banknotes entered into circulation on 1 January 2002, making it the day-to-day operating currency of its original members, and by May 2002 had completely replaced the former currencies. While the euro dropped subsequently to US$0.8252 within two years (26 October 2000), it has traded above the U.S. dollar since the end of 2002, peaking at US$1.6038 on 18 July 2008. Since late 2009, the euro has been immersed in the European sovereign-debt crisis which has led to the creation of the European Financial Stability Facility as well as other reforms aimed at stabilising the currency. In July 2012, the euro fell below US$1.21 for the first time in two years, following concerns raised over Greek debt and Spain's troubled banking sector. As of April 2017, the euro–dollar exchange rate stands at ~ US$1.06.

EUR Stats:

Name: Euro Member Countries

Symbol: € Cent: c

Minor Unit: 0.01 = Cent

Central Bank Rate: 0.000 %

Top EUR Conversion: EUR/USD

Top EUR Chart: EUR/USD Chart

EUR Profile:

Inflation: 2.0%

Nicknames: The single currencylocal namesEvró (Greek) Euró (Hungarian) Eiro (Latvian) Euras (Lithuanian) Ewro (Maltese)

Frequently Used: €1,€2,5c,10c,20c,50c
Rarely Used: 1c,2c

Frequently Used: €5,€10,€20,€50,€100
Rarely Used: €200,€500

Central Bank:
European Central Bank

Users: Eurozone (19), Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Unilateral adoption (2), Kosovo, Montenegro,Other partial users (2), Northern Cyprus, Zimbabwe


Exchange Rates

Exchange EUR to NGN
1 EUR424.59349 NGN
5 EUR2122.96745 NGN
10 EUR4245.93490 NGN
50 EUR21229.67450 NGN
100 EUR42459.34900 NGN
250 EUR106148.37250 NGN
500 EUR212296.74500 NGN
1,000 EUR424593.49000 NGN
5,000 EUR2122967.45000 NGN
10,000 EUR4245934.90000 NGN
50,000 EUR21229674.50000 NGN
100,000 EUR42459349.00000 NGN
500,000 EUR212296745.00000 NGN
1,000,000 EUR424593490.00000 NGN
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Today's Rates: 11/19/2017 1:08:05 AM brought you by RemitRardar
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Top EUR - Euro Exchange Rates

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Today's Rates: 11/19/2017 1:08:05 AM brought you by RemitRardar
1 EUR1.17910.8921176.65977.814541.5584622.310359.9218132.159