EUR to NGN Transfers Compared

   

EUR/NGN at 1675, 3% below the 3-month avg of 1726. Analysts cite euro strength amid global risk aversion, but ECB's dovish outlook may hinder gains. Meanwhile, the naira faces pressure from local challenges, despite recent rate cuts & sukuk issuance. Stay alert!

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What is the best Send Money conversion rate for EUR to NGN?

The best EUR to NGN exchange rate is 1668.53 from Wise. This is -0.75% compared to the mid-market rate 1,681.1.

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 1668.53, -0.75% from the latest mid-market rate 1,681.1.

The next best is Western Union at 1655.92, -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.