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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’.
Sending money to Nigeria can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Nigeria bank accounts or pay a Nigerian naira invoice.
Euro (EUR) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR to NGN Outlook In the near term, EUR/NGN is trading close to recent highs near 1613, holding near the 14-day high and below the 3-month average of...
EUR to USD Outlook In the near term, EUR/USD is trading close to its recent lows, holding near the 90-day average and within its recent range.
USD to NGN Outlook In the near term, USD/NGN is trading close to recent lows and below the 90-day average, with the pair supported by risk-off sentiment.
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 EUR to NGN exchange rate is 1595.23 from Wise. This is -0.6% compared to the mid-market rate 1,604.9.
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.
Looking at the full EUR to NGN - Send Money comparison table the provider with the best EUR to NGN exchange rate is Wise at 1595.23, -0.6% from the latest mid-market rate 1,604.9.
The next best is Western Union at 1580.79, -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.
View a full list of exchange rates by selecting your Base (from) currency:
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