The parallel market — wey dem dey call black market or aboki rate — na the informal street price for Euro and Nigerian Naira, wey dem dey set outside the official banking channel. E no be regulated or guaranteed rate.
Since the 2023 naira float, the gap between the street rate and the official, regulated rate don narrow to around 1-2%. The EUR to NGN rate wey dey show for up there na CrossPay real, locked-in rate for licensed, CBN-compliant rail — e now dey compete with the street, dem fit trace am fully, and e get protection. You no need the parallel market again to get good rate.
CrossPay dey show di live EUR to NGN mid-market reference rate with only transparent 0.5% spread. Use di calculator wey dey up to see today exact rate and how much your person go receive.
Check di live 1 EUR to NGN rate for di calculator wey dey up. CrossPay dey use di mid-market reference rate with transparent 0.5% spread and no hidden fee.
Enter 250 for di calculator wey dey up to see exactly how much NGN you go get for 250 EUR for today live mid-market rate, plus our transparent 0.5% spread.
The black market (aboki) or parallel rate na the informal street price wey dem dey set outside the official banking system — e no be regulated or guaranteed. Since the 2023 naira float, e don stay around 1-2% of the official rate, so the regulated EUR to NGN rate wey dey show for up there now dey compete with the street — and, unlike street deal, e lock, e get license and dem fit trace am fully.
Most EUR to NGN transfers dey arrive within minutes to 1 business day.
0.1% platform fee plus ~0.5% exchange rate spread — about 0.6% total on transfers of €100 or more. Smaller transfers fit see higher effective % because of the per-transfer fee floor; the live calculator dey show the exact fee for your amount before you commit.
The minimum transfer na €5 and the maximum na €250,000 per transaction.
You fit pay via SEPA bank transfer or debit/credit card.
We dey use the mid-market rate with small 0.5% spread. Check our converter page for live rates.
Yes. Track your transfer for real-time from your dashboard with email and SMS notifications at each stage.
We dey deliver funds directly to any Nigerian bank account for Naira (NGN).
Euro (EUR) na the official currency of Yurópián Yúniọ́n. Symbol: €. ISO 4217 code: EUR. CrossPay dey offer live EUR to NGN exchange rates updated for real time with transparent fees and fast delivery to Naijíria.
Use CrossPay to send money from Yurópián Yúniọ́n to Naijíria with great rates, low fees, and 0-1 day delivery.
Send Money to NaijíriaLive rate dey refresh. Use the calculator below for estimate.
No rate history dey available yet.
Rate history dey start build as we dey collect daily snapshots. Live rates still dey available for the calculator up there.