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NGN to EUR Transfers Compared

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’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to the Eurozone 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 the Eurozone bank accounts or pay a Euro invoice.

 
 
   

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 = 0.000598 EUR
90dHighs
1d+0.7%
NGN to EUR is at 90-day highs near 0.000593, 3.9% above its 3-month average of 0.000571, having traded in a relatively stable 6.7% range from 0.000556 to 0.000593
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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
11 Oct 2025
0.000588
2 Week
27 Jul 2025
0.000557
3 Month
25 Oct 2024
0.000563
1 Year
26 Oct 2020
0.002220
5 Year
28 Oct 2015
0.004597
10 Year
30 Oct 2005
0.006306
20 Year
NGN/EUR historic rates
Amidst recent forecasts, the EUR to NGN exchange rate is seeing heightened volatility, currently at 1686, 3.8% below the 3-month average. Analysts warn that Eurozone growth stagnation and ECB dovish hints could further weaken the euro, while the naira faces pressures from local and global factors. Keep an eye on upcoming GDP data and geopolitical developments for potential impact

 

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 0.0030
₦ 10 0.0060
₦ 20 0.0120
₦ 50 0.0299
₦ 100 0.0598
₦ 250 0.1495
₦ 500 0.2990
₦ 1,000 0.5980
₦ 2,000 1.1960
₦ 5,000 2.9900
₦ 10,000 5.9800
₦ 20,000 11.96
₦ 50,000 29.90
₦ 100,000 59.80
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.

 

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