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’.
NGN to EUR Market Data
Nigerian naira (NGN) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell NGN →
Buy EUR
1 NGN = 0.000561 EUR
—
NGN to EUR is at 7-day lows near 0.000561, just 0.9% below its 3-month average of 0.000566, having traded in a quite volatile 12.0% range from 0.000541 to 0.000606
Is the NGN to EUR 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 Nigerian naira against the Euro is to review how the NGN/EUR rate has changed over time.
The table below shows the percentage change in the NGN to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
NGN/EUR
Period
24 May 2025
0.000553
2 Week
09 Mar 2025
0.000608
3 Month
07 Jun 2024
0.000629
1 Year
08 Jun 2020
0.002283
5 Year
10 Jun 2015
0.004441
10 Year
12 Jun 2005
0.006169
20 Year
NGN/EUR historic rates
EUR/NGN at 1781, up from 3-mth avg. ECB's hawkish stance supporting EUR despite eurozone challenges. NGN still unstable from cash crunch & policy concerns, but higher oil prices (up 10.9% to $74.23/barrel) may provide support, say analysts. #FX #Nigeria
To help you understand the real-world value of the current exchange rate, the table below shows how much Nigerian naira are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different NGN amounts at today’s rate * :
What is the
best Send Money conversion rate for NGN to EUR?
The best NGN to EUR exchange rate is 0.0006 from WorldRemit. This is 7% compared to the mid-market rate 0.000561.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Nigerian naira (NGN) to Euro (EUR) rates from different sources before making a conversion.
The above
Naira to Euro 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 NGN-EUR mid-rate and the possible savings of using various providers.
How do NGN-EUR rates compare between providers?
Looking at the
full comparison table
the best NGN to EUR exchange rate is 0.0006 from WorldRemit, 7% from the mid-market rate 0.000561.
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.
The current forecast for the EUR to GBP exchange rate indicates that the euro is experiencing a period of strength, trading at 30-day highs around 0.8483.