EUR/NGN is currently at 1675, about 3.3% below its 3-month avg of 1732. Analysts caution that ECB dovishness and geopolitical tensions may pressure the euro, while the naira faces challenges from local rate cuts and volatile oil prices. Monitor these trends for optimal transactions

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

The best EUR to NGN exchange rate is 1665.09 from Wise. This is -0.6% compared to the mid-market rate 1,675.1.

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 1665.09, -0.6% from the latest mid-market rate 1,675.1.

The next best is Western Union at 1650.01, -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.