The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
EUR to NGN Market Data
Euro (EUR) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR to NGN at 1805 is 2.7% above its 3-month average of 1757, having traded in a rather volatile 13.9% range from 1622 to 1847
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Is the EUR to NGN Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Nigerian naira is to review how the EUR/NGN rate has changed over time.
The table below shows the percentage change in the EUR to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
EUR/NGN
Change
Period
22 May 2025
1793.57
0.3% ▲
2 Week
07 Mar 2025
1637.34
9.9% ▲
3 Month
05 Jun 2024
1628.41
10.5% ▲
1 Year
06 Jun 2020
437.55
311.3% ▲
5 Year
08 Jun 2015
224.56
701.3% ▲
10 Year
10 Jun 2005
161.67
1013.1% ▲
20 Year
EUR/NGN historic rates & change to 05-Jun-2025
#FXUpdate: EUR/NGN trading at 1805, up 2.7% from 3-month avg. amid volatile swings (1622-1847 range). Analysts see mixed outlook w/ ECB decision looming & NGN facing cash crunch under Tinubu admin. Oil prices down 3.1% could add pressure on NGN
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Nigerian naira across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to NGN?
The best EUR to NGN exchange rate is 1782.51 from Wise.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Nigerian naira (NGN) rates from different sources before making a conversion.
The above
Euro to Naira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-NGN mid-rate and the possible savings of using various providers.
How do EUR-NGN rates compare between providers?
Looking at the
full comparison table
the best EUR to NGN exchange rate is 1782.51 from Wise. The next best rate is 1780.72 from Currencies Direct. Then Western Union with 1768.15.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.