1,000 Nigerian Naira Exchange Euro
Convert NGN to EUR at the actual exchange rate
Amount
Convert to
₦1.000 NGN = €0.00055 EUR
14:01 UTCMid-Market Rate
The Currency Converter provides exchange rate information and the latest news, and is not a currency trading platform. Any information displayed here is not financial advice.
Nigerian NairaExchangeEuroCurrency conversion table | |
---|---|
1 NGN | 0.00055 EUR |
5 NGN | 0.00275 EUR |
10 NGN | 0.00550 EUR |
20 NGN | 0.01100 EUR |
50 NGN | 0.02750 EUR |
100 NGN | 0.05500 EUR |
250 NGN | 0.13750 EUR |
500 NGN | 0.27500 EUR |
1000 NGN | 0.55000 EUR |
2000 NGN | 1.10000 EUR |
5000 NGN | 2.75000 EUR |
10000 NGN | 5.50000 EUR |
EuroExchangeNigerian NairaCurrency conversion table | |
---|---|
1 NGN | 1,818.18182 EUR |
5 NGN | 9,090.90909 EUR |
10 NGN | 18,181.81818 EUR |
20 NGN | 36,363.63636 EUR |
50 NGN | 90,909.09091 EUR |
100 NGN | 181,818.18182 EUR |
250 NGN | 454,545.45455 EUR |
500 NGN | 909,090.90909 EUR |
1000 NGN | 1,818,181.81818 EUR |
2000 NGN | 3,636,363.63636 EUR |
5000 NGN | 9,090,909.09091 EUR |
10000 NGN | 18,181,818.18182 EUR |
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FAQ
The Only Fair Exchange Rate: The Mid-Market Exchange Rate
Exchange rates don't have to be complicated. In fact, there's only one you need to worry about: the mid-market rate.
Banks and other providers set their own rates, so there is no universal rate. But in reality, there is a "real" rate. It's called the mid-market rate.
Generally speaking, bankers are willing to pay a certain price for a currency, and are willing to sell it for a certain price. The midpoint between these prices is the mid-market rate. Since this is the rate that the market naturally sets, it is the "truest" and fairest rate.