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 details and click ‘Get Rates’.
EUR to NGN Market Data
Euro (EUR) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR to NGN is at 14-day lows near 1788, 1.7% above its 3-month average of 1758, having traded in a rather volatile 12.8% range from 1637 to 1847
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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
23 May 2025
1807.57
1.1% ▼
2 Week
08 Mar 2025
1636.88
9.2% ▲
3 Month
06 Jun 2024
1629.64
9.7% ▲
1 Year
07 Jun 2020
438.99
307.2% ▲
5 Year
09 Jun 2015
224.56
696.1% ▲
10 Year
11 Jun 2005
162.11
1002.8% ▲
20 Year
EUR/NGN historic rates & change to 06-Jun-2025
#FXUpdate: EUR/NGN hits 14-day lows near 1788, still 1.7% above 3-month avg. ECB hawk talk supports EUR but German econ weakness limits gains. Analysts watching Nigeria's cash crunch impact & oil prices ($65.34/barrel) as key drivers for future moves
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 1764.99 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.
How do EUR-NGN rates compare between providers?
Looking at the
full comparison table
the best EUR to NGN exchange rate is 1764.99 from Wise. The next best rate is 1763.21 from Currencies Direct. Then Western Union with 1750.77.
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.