Is the EUR to NGN 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 Euro against the Nigerian naira is to review how the EUR/NGN rate has changed over time.
The table below shows the percentage change in the EUR to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | EUR/NGN | Change | Period |
|---|
16 Oct 2025 | 1715.23 | 1.6% ▼ | 2 Week |
01 Aug 2025 | 1778.42 | 5.1% ▼ | 3 Month |
30 Oct 2024 | 1787.94 | 5.6% ▼ | 1 Year |
31 Oct 2020 | 444.33 | 279.8% ▲ | 5 Year |
02 Nov 2015 | 219.02 | 670.6% ▲ | 10 Year |
04 Nov 2005 | 155.61 | 984.6% ▲ | 20 Year |
EUR/NGN historic rates & change to 30-Oct-2025
Amidst recent forecasts, the EUR to NGN exchange rate is seeing heightened volatility, currently at 1686, 3.8% below the 3-month average. Analysts warn that Eurozone growth stagnation and ECB dovish hints could further weaken the euro, while the naira faces pressures from local and global factors. Keep an eye on upcoming GDP data and geopolitical developments for potential impact
EUR to NGN 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 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.
What is the
best Send Money conversion rate for EUR to NGN?
The best EUR to NGN exchange rate is 1662.36 from Wise. This is -0.6% compared to the mid-market rate 1,672.4.
As 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
Euro to Naira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-NGN mid-rate and the possible savings of using various providers.
How do EUR-NGN rates compare between providers?
Looking at the full
EUR to NGN - Send Money comparison table the provider with the best EUR to NGN exchange rate is Wise at 1662.36, -0.6% from the latest mid-market rate 1,672.4.
The next best is Western Union at 1647.31, -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.
Compare EUR to NGN Transfer Rates