ΔE 12.4, fair: the same colour family, but not a straight swap. Olive Ink is much more saturated than Matt Black. They are different kinds of paint: Army Painter Matt Black is an opaque base/layer paint and Nocturna Models Olive Ink is an ink, glaze or transparent paint, so they won’t behave the same on the model even where the colour is close.
Only where an exact match doesn’t matter, such as a new unit or a highlight. Fair match (ΔE 12). Olive Ink is much more saturated than Matt Black. They are different kinds of paint.
The same difference applies the other way round: Matt Black is much more muted.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Matt Black on the colour wheel See Olive Ink on the colour wheel
All matches: Matt Black equivalents · Olive Ink equivalents