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EUR to NGN 2025 Forecasts

Analysis of recent euro → naira forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Euro to Nigerian naira performance and trends.

 

The EUR to NGN exchange rate has recently faced downward pressure due to a combination of factors affecting both the Euro and the Nigerian Naira. Analysts observed that the euro's decline is closely tied to its negative correlation with a strengthening US dollar, particularly evident in recent sessions. Latest data from the Eurozone, including a revision of the final services PMI, indicates that activity is stagnating, failing to provide significant support for the euro. With forecasts for declines in German factory orders and Eurozone PPI, further pressure on the EUR can be anticipated unless countered by hawkish comments from the European Central Bank's President Christine Lagarde.

Inflation remains a critical issue for the Eurozone, exerting influence over the ECB’s monetary policy. Speculation surrounding a potential pause in interest rate hikes reflects growing concerns about economic growth in the region, contributing to market uncertainty. Additionally, geopolitical tensions, especially arising from the ongoing conflict in Ukraine and fluctuations in energy prices, are diminishing investor confidence in the euro. This turmoil has been further exacerbated by expectations of overall economic slowdown in the Eurozone.

In Nigeria, the Naira has shown some resilience amid ongoing economic reforms and heightened foreign investor interest. The Central Bank of Nigeria's recent actions, including a crackdown on 'money spraying' practices and requests for external borrowing, aim to bolster the currency's stability. However, inflation rates exceeding 23% challenge recovery efforts, affecting purchasing power and economic stability. Despite these hurdles, the Naira has appreciated over 7% against the US dollar since late 2024, supported by high local bond yields.

The exchange rate data indicates that the EUR to NGN currently trades at 1806, slightly above its three-month average of 1796, having experienced volatility within a 10.0% range from 1679 to 1847. Given that oil prices significantly influence the Nigerian economy, the recent trend of oil averaging above 68.80, which is 3.2% above its three-month average, could lead to fluctuating impacts on the Naira. As energy prices remain volatile and intertwined with geopolitical developments, currency analysts suggest closely monitoring these factors, as they could shift trade dynamics between the Euro and the Naira and ultimately affect transaction costs for individuals and businesses engaged in international exchanges.

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EUR to NGN Market Data

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

 
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NGN
-0.2%
EUR to NGN at 1806 is just 0.6% above its 3-month average of 1796, having traded in a fairly volatile 10.0% range from 1679 to 1847
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Compare & Save - Euro to Nigerian naira

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Nigerian naira (NGN) rates from different sources before making a conversion.

Use our EUR to NGN calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Naira currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Nigerian naira?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Nigerian naira current value is to look the EUR/NGN historic rate and change over a range of periods.

The following table looks at the change in the EUR to NGN exchange rate over periods from the previous week back to the last 10 years.

DateEUR/NGNChangePeriod
20 Jun 2025
1786.42
0.9% 2 Week
05 Apr 2025
1679.03
7.4% 3 Month
04 Jul 2024
1640.47
9.9% 1 Year
05 Jul 2020
436.40
313.1% 5 Year
07 Jul 2015
218.95
723.3% 10 Year
09 Jul 2005
159.55
1029.8% 20 Year
EUR/NGN historic rates & change to 04-Jul-2025

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/NGN to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more