Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Sparkasse Bank EUR to NGN Transfers Compared

EUR-NGN Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your Sparkasse Bank 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 Sparkasse Bank Exchange Rates & Fees - Save Time & Money

 

The live mid-rate EUR to NGN exchange rate is 1,782.4.

 
 
   

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
EUR to NGN at 1779 is 1.1% below its 3-month average of 1798, having traded in a quite stable 4.5% range from 1767 to 1847
|
Tracker

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
07 Jul 2025
1801.69
1.3% 2 Week
22 Apr 2025
1823.19
2.4% 3 Month
21 Jul 2024
1771.45
0.4% 1 Year
22 Jul 2020
447.72
297.4% 5 Year
24 Jul 2015
218.44
714.5% 10 Year
26 Jul 2005
160.89
1005.8% 20 Year
EUR/NGN historic rates & change to 21-Jul-2025
EUR/NGN trading at 1779, 1.1% below its 3-mth avg. Analysts note growing US-EU trade tensions could weaken the euro further, while Nigeria's inflation remains high at 23%. Both currencies face volatile conditions, so stay alert to economic updates and policy shifts

 

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
€ 1 1.0000
€ 5 5.0000
€ 10 10.00
€ 20 20.00
€ 50 50.00
€ 100 100.00
€ 250 250.00
€ 500 500.00
€ 1,000 1,000
€ 2,000 2,000
€ 5,000 5,000
€ 10,000 10,000
€ 20,000 20,000
€ 50,000 50,000
€ 100,000 100,000
EUR NGN
0.0006 ₦ 1
0.0028 ₦ 5
0.0056 ₦ 10
0.0112 ₦ 20
0.0281 ₦ 50
0.0561 ₦ 100
0.1403 ₦ 250
0.2805 ₦ 500
0.5610 ₦ 1,000
1.1220 ₦ 2,000
2.8050 ₦ 5,000
5.6100 ₦ 10,000
11.22 ₦ 20,000
28.05 ₦ 50,000
56.10 ₦ 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 1769.95 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 Sparkasse Bank - Euro to Naira comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Sparkasse Bank and other foreign exchange providers against the latest EUR-NGN mid-rate and the possible savings of using various providers. 

How do Sparkasse Bank 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 1769.95.

The next best is Currencies Direct at 1768.17.

Then Western Union at 1755.69, .

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Sparkasse Bank 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.

 

Currency Forecasts related to EUR/NGN

EUR to NGN 2025 Forecasts

Read more

EUR to USD 2025 Forecasts

Read more

USD to NGN 2025 Forecasts

Read more

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