Convert Ngn to eur

Conversion Formula

1 ngn = 0.000625 eur

Step-by-Step Explanation

1. Understand the base relationship:
   1 Nigerian Naira = 1600 EUR
   1 Euro = 1 EUR
2. Establish the conversion factor:
   1 ngn = (1 EUR) / (1600 EUR) = 0.000625 eur
3. Apply the conversion:
   Multiply the value in ngn by 0.000625 to get the equivalent in eur

Example Conversion

Convert 5 ngn to eur:

5 ngn × 0.000625 = 0.003125 eur