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NGN to EUR Exchange Rates & Currency Deals

NGN-EUR Rate Calculator

 
 
   

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’.

 
 
   

NGN to EUR Market Data

Nigerian naira (NGN) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell NGN   →   Buy EUR
1 NGN = 0.000587 EUR
1d−0.5%
 
NGN to EUR at 0.000584 is 1.2% below its 3-month average of 0.000591, having traded in a quite stable 5.0% range from 0.000575 to 0.000604
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Tracker

Is the NGN to EUR 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 Nigerian naira against the Euro is to review how the NGN/EUR rate has changed over time.

The table below shows the percentage change in the NGN to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateNGN/EURPeriod
13 Dec 2025
0.000587
2 Week
28 Sep 2025
0.000575
3 Month
27 Dec 2024
0.000619
1 Year
28 Dec 2020
0.002148
5 Year
30 Dec 2015
0.004598
10 Year
01 Jan 2006
0.006471
20 Year
NGN/EUR historic rates

Currency Forecasts related to NGN/EUR

EUR to NGN 2026 Forecasts

The EUR to NGN market is currently bearish, with pressures stemming from several key factors.

Read forecast

USD to EUR 2026 Forecasts

The USD to EUR exchange rate is currently showing a bearish bias, with the US dollar slipping recently.

Read forecast

EUR to GBP 2026 Forecasts

The EUR-GBP market bias is currently bearish, as the euro struggles against the pound.

Read forecast

The EUR to NGN exchange rate is bearish as the euro falters against the naira. Analysts note the ECB's steady interest rates are limiting euro strength, while Nigeria's high inflation could weigh on the naira. Expect a stable range in the near term, with geopolitical factors as potential wildcards

 

NGN to EUR 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 Nigerian naira are worth in Euro across a range of amounts.

This gives a quick view of what you’d get when converting different NGN amounts at today’s rate * :

NGN EUR
₦ 1 0.0006
₦ 5 0.0029
₦ 10 0.0059
₦ 20 0.0117
₦ 50 0.0294
₦ 100 0.0587
₦ 250 0.1468
₦ 500 0.2935
₦ 1,000 0.5870
₦ 2,000 1.1740
₦ 5,000 2.9350
₦ 10,000 5.8700
₦ 20,000 11.74
₦ 50,000 29.35
₦ 100,000 58.70
NGN EUR

More amounts

*Converted at the current NGN-EUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

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

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Nigerian naira (NGN) to Euro (EUR) rates from different sources before making a conversion.

The above Naira to Euro 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 NGN-EUR mid-rate and the possible savings of using various providers. 

How do NGN-EUR rates compare between 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.

 

Compare NGN to EUR Transfer Rates

   

View a full list of exchange rates by selecting your Base (from) currency: