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EUR to NGN Transfers Compared

EUR-NGN Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

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 transaction type, details and click ‘GET RATES’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Nigeria can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Nigeria bank accounts or pay a Nigerian naira invoice.

 
   

EUR to NGN Market Data

Euro (EUR) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy NGN
1 EUR = 1,708.6 NGN
1d0.0%
 
EUR to NGN at 1708 is just 0.8% above its 3-month average of 1694, having traded in a quite stable 5.2% range from 1656 to 1742
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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:

DateEUR/NGNChangePeriod
12 Dec 2025
1705.83
0.2% 2 Week
27 Sep 2025
1739.33
1.7% 3 Month
26 Dec 2024
1610.79
6.1% 1 Year
27 Dec 2020
473.59
260.9% 5 Year
29 Dec 2015
217.56
685.7% 10 Year
31 Dec 2005
154.53
1006.1% 20 Year
EUR/NGN historic rates & change to 26-Dec-2025

Currency Forecasts related to EUR/NGN

EUR to NGN 2025 Forecasts

The EUR to NGN exchange rate currently stands at 1708 NGN, which is 0.8% above its three-month average of 1694 NGN.

Read forecast

EUR to USD 2025 Forecasts

The recent analysis of the EUR to USD exchange rate highlights a complex landscape influenced by various economic factors.

Read forecast

USD to NGN 2025 Forecasts

The USD to NGN exchange rate has been influenced by a plethora of recent economic developments.

Read forecast

EUR/NGN currently at 1708, up 0.8% from a 3-mo avg of 1694. Analysts attribute stability to ECB's cautious stance on rates amidst geopolitical tensions, while Nigerian reforms and a decrease in inflation suggest naira stability. Forecasts caution over potential naira depreciation ahead

 

EUR to NGN Conversion: What Is Your Money Worth?

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 * :

EUR NGN
EUR NGN
0.0006 ₦ 1
0.0029 ₦ 5
0.0059 ₦ 10
0.0117 ₦ 20
0.0293 ₦ 50
0.0585 ₦ 100
0.1463 ₦ 250
0.2925 ₦ 500
0.5850 ₦ 1,000
1.1700 ₦ 2,000
2.9250 ₦ 5,000
5.8500 ₦ 10,000
11.70 ₦ 20,000
29.25 ₦ 50,000
58.50 ₦ 100,000

More amounts

*Converted at the current EUR-NGN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for EUR to NGN?

The best EUR to NGN exchange rate is 1698.33 from Wise. This is -0.6% compared to the mid-market rate 1,708.6.

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 EUR to NGN - Send Money comparison table the provider with the best EUR to NGN exchange rate is Wise at 1698.33, -0.6% from the latest mid-market rate 1,708.6.

The next best is Western Union at 1682.96, -1.5% from the mid-rate.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: