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EUR to NGN 2026 Forecasts

Analysis of recent euro → naira forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to Nigerian naira performance and trends.

 

The EUR to NGN exchange rate is currently bearish, as the euro struggles against the Nigerian naira.

Key drivers include:

  • The European Central Bank's recent decision to maintain interest rates, signaling a cautious approach which may limit euro strength.
  • Nigeria is facing high inflation projected at 37% in 2026, which could erode the naira's value.
  • The overall economic growth in Nigeria is expected to improve slightly, which may offer some support to the naira.

In the near term, the EUR/NGN exchange rate is expected to remain within a stable range, reflecting current volatility in both currencies.

An upside risk for the euro could emerge if the ECB adopts a more aggressive interest rate approach to combat inflation. Conversely, a downside risk could arise from further geopolitical tensions impacting the Eurozone, which might weaken the euro further against the naira.

EUR-NGN Rate Calculator

 
   
   
   
   
 
   
 
 

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 =
1,702.7We compare provider deals to this wholesale mid-market rate. Read more
NGN
1d+0.4%▲
 
EUR to NGN at 1712 is 1.1% above its 3-month average of 1693, having traded in a quite stable 5.1% range from 1656 to 1740
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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
17 Dec 2025
1706.31
0.1% ▼2 Week
02 Oct 2025
1735.15
1.8% ▼3 Month
31 Dec 2024
1603.40
6.3% ▲1 Year
01 Jan 2021
482.20
253.4% ▲5 Year
03 Jan 2016
216.46
687.3% ▲10 Year
05 Jan 2006
156.87
986.4% ▲20 Year
EUR/NGN historic rates & change to 31-Dec-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