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Understanding the Table:
The comparison table above helps you see the total cost of your AIB 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’.
Euro (EUR) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/NGN Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and struggling for momentum.
EUR/USD Outlook: Slightly positive, but likely to move sideways as the euro is above its recent average yet lacks a single clear driver for further gains.
USD/NGN Outlook: Bearish, given that the rate is below its 90-day average and toward recent lows, indicating weakness in the dollar.
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 * :
*Converted at the current EUR-NGN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best Business EUR to NGN exchange rate is 1644.99 from Wise. This is -0.6% compared to the mid-market rate 1,654.9.
As Business 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 AIB Bank - Business Euro to Naira comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by AIB Bank and other foreign exchange providers against the latest EUR-NGN mid-rate and the possible savings of using various providers.
Looking at the full EUR to NGN - Send Money comparison table the provider with the best Business EUR to NGN exchange rate is Wise at 1644.99, -0.6% from the latest mid-market rate 1,654.9.
The next best is Western Union at 1630.09, -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like AIB 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.
View a full list of exchange rates by selecting your Base (from) currency:
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