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’.
Compare Exchange Rates & Fees - Save Time & Money
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.
EUR to NGN Market Data
Euro (EUR) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
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
20 Jun 2025
1786.42
0.9% ▲
2 Week
05 Apr 2025
1679.03
7.4% ▲
3 Month
04 Jul 2024
1640.47
9.9% ▲
1 Year
05 Jul 2020
436.40
313.1% ▲
5 Year
07 Jul 2015
218.95
723.3% ▲
10 Year
09 Jul 2005
159.55
1029.8% ▲
20 Year
EUR/NGN historic rates & change to 04-Jul-2025
EUR/NGN is under pressure, trading at 1806, slightly above the 3-month avg of 1796. Analysts note stagnant Eurozone activity and geopolitical tensions impact the euro, while the NGN shows resilience amid economic reforms. Monitor oil prices as they influence ongoing trends
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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 * :
What is the
best Send Money conversion rate for EUR to NGN?
The best EUR to NGN exchange rate is 1790.76 from Wise.
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.
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.