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

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.

 

EUR/NGN Outlook:

Bearish, as the rate is below its recent average and on the lower end of its 3-month range.

Key drivers:

• Rate gap: The European Central Bank's unchanged interest rates contrast with the Central Bank of Nigeria's higher rates aimed at managing inflation.

• Risk/commodities: With oil prices recently low, the Nigerian economy may face pressures, affecting the naira's strength amid lower commodity revenues.

• One macro factor: The eurozone's inflation has dropped below target, raising concerns about potential easing of monetary policy by the ECB.

Range:

The EUR/NGN is likely to hold near current levels but could drift downwards toward recent lows.

What could change it:

• Upside risk: A significant resolution regarding the Russia-Ukraine conflict could bolster the euro.

• Downside risk: Further fall in oil prices might negatively impact the naira, leading to additional pressure on the EUR/NGN pair.

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 =
1,607.0We compare provider deals to this wholesale mid-market rate. Read more
NGN
1d0.0%⬦
 
EUR to NGN at 1606 is 3.9% below its 3-month average of 1672, having traded in a relatively stable 7.2% range from 1604 to 1720
|
Tracker

Manage Tracker   

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.

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.

 
Track Rate
 

Manage Tracker   

 

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