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NGN to EUR Exchange Rates & Currency Deals

NGN-EUR Rate Calculator

 
 
   

Understanding the Table:

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 = 0.000586 EUR
1d−0.2%▼
 
NGN to EUR at 0.000584 is 1.2% below its 3-month average of 0.000591, having traded in a quite stable 5.2% range from 0.000574 to 0.000604
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Tracker
  1 EUR = 1,705.0 NGN

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:

DateNGN/EURPeriod
13 Dec 2025
0.000587
2 Week
28 Sep 2025
0.000575
3 Month
27 Dec 2024
0.000619
1 Year
28 Dec 2020
0.002148
5 Year
30 Dec 2015
0.004598
10 Year
01 Jan 2006
0.006471
20 Year
NGN/EUR historic rates

Currency Forecasts related to NGN/EUR

EUR to NGN 2026 Forecasts

The EUR to NGN market is currently bearish, with pressures stemming from several key factors.

Read forecast

USD to EUR 2026 Forecasts

The USD to EUR exchange rate is currently showing a bearish bias, with the US dollar slipping recently.

Read forecast

EUR to GBP 2026 Forecasts

The EUR-GBP market bias is currently bearish, as the euro struggles against the pound.

Read forecast

Current market bias: The EUR to NGN exchange rate is currently bearish. Key drivers: - The European Central Bank is cautious about raising interest rates amid inflation concerns, which supports weaker euro performance. - Nigeria's currency faces depreciation pressure due to soaring inflation forecasts and economic challenges. - Eurozone economic growth remains cautious, influenced by geopolitical tensions. Near-term range: The EUR to NGN exchange rate is expected to fluctuate around current levels, potentially staying close to its recent trading price. What could change it: An upside risk could be stronger eurozone economic data leading to improved sentiment, while a downside risk includes escalating geopolitical tensions or worse inflation in Nigeria, further weakening the Naira. --- EUR to NGN is bearish due to the ECB's cautious stance and high inflation forecasts for Nigeria. With EUR trading above 1714, expect fluctuations as global factors weigh in. Watch for eurozone data that could change this trend. #EURNGN #Forex

 

NGN to EUR 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 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 * :

NGN EUR
₦ 1 € 0.0006
₦ 5 € 0.0029
₦ 10 € 0.0059
₦ 20 € 0.0117
₦ 50 € 0.0293
₦ 100 € 0.0586
₦ 250 € 0.1465
₦ 500 € 0.2930
₦ 1,000 € 0.5860
₦ 2,000 € 1.1720
₦ 5,000 € 2.9300
₦ 10,000 € 5.8600
₦ 20,000 € 11.72
₦ 50,000 € 29.30
₦ 100,000 € 58.60
NGN EUR

More amounts

*Converted at the current NGN-EUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
   

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