1 EURO TO NAIRA EXCHANGE RATE TODAY MAY 2017 (BLACK & PARALLEL MARKET)
It’s of no more News to us that foreign currency exchange rate has been a cumbersome catastrophe to Nigerians even after gaining our 56th year Independence.
However, For business owners who rely mostly on Importing Products to Nigeria and sell at an higher price, I’ve created this post for you, It will be updated here daily so keep refreshing and bookmark.
EURO TO NAIRA EXCHANGE RATE TODAY (1 EUR TO NGN) MAY 2017.
1 EUR TO NAIRA EXCHANGE RATE TODAY May 2017; Black Market:
Buying Rate: N415
Selling Rate: N420
1 EUR TO NAIRA EXCHANGE RATE TODAY BANK RATE
If you are selling EUR to CBN you will only be given N330 or less, In other words if you are purchasing EUR in exchange for Naira you will be charged something higher from N400 – N408, this depends on Inter Bank and Different bank charges at different rates.
Although, It needs to be taken care of Skye Bank charges N428 while Standard Chartered Bank charges less N405, Gtbank charges at almost the same rate in exchange for European Euros.
Because of this, I’ve compiled an updated list of Nigerian Banks Exchange Rate (Dollar, Euro & Pounds) you can get hooked with that too, A viral list for an updated dollar to naira exchange rate today was also created read about that also.
Furthermore,For those relying on Canada products and make exchange from naira to Canadian dollar, A post was created for Canadian Dollar to Naira Exchange Rate Today Read.
EURO TO NAIRA EXCHANGE RATE HISTORY (PARALLEL MARKET)
Date Naira Per EUR
SEPT N348 – N351
AUG N356 – N347
JULY N314 – N355
JUNE N222 – N312
MAY N227 – N221
APRIL N226 – N227
Finally, That is it for the Euro To Naira Exchange Rate Today May 2017 (Black Market). Kindly Help by sharing this post to other entrepreneurs out there.
In Conclusion, We would like to hear from you too. Kindly share your views and thoughts on how Nigeria can reduce the Inflation of EURO To Naira Exchange Rate.