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Exchange rates for the euro in Nigeria / EUR 1 = NGN ... (buying)

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Time series key BBEX3.D.NGN.EUR.CA.AA.000
Unit NGN
Dimension one
Timespan from 1999-01-01 to 2024-04-15
Last update 24.04.2024 01:19:36 PM
   
General Until December 1998, listed in D-Mark; see wt6180/81 (official exchange rates) and wt6192/93 (free market rates). On 1 January 1999, the multiple exchange rate system was unified on the basis of the free market rate.
Source Central Bank of Nigeria, Abuja
   
Comment on 2023-06-15 On 14 June 2023, the exchange rates were adjusted more sharply. We recorded the following exchange rates (buying/selling): 9 June 2023: EUR 1 = NGN 498.3994 / 499.4773 14 June 2023: EUR 1 = NGN 682.9434 / 684.0244 Calculated devaluation: 27.0%.
Comment on 2016-06-30 On 20 June 2016, the naira was allowed to float freely. We recorded the following exchange rates (buying/selling): 17 June 2016: EUR 1 = NGN 220.6372 / 221.7629 20 June 2016: EUR 1 = NGN 316.1628 / 317.2960 Calculated devaluation: 30.2 % (on average).
Comment on 2015-02-27 The naira was devalued on 19 February 2015. We recorded the following exchange rates (buying / selling): 18 February 2015: EUR 1 = NGN 189.9291 / 191.0664 19 February 2015: EUR 1 = NGN 225.5616 / 226.7008 Calculated devaluation: 15.8 % (on average).