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NGN to EUR Transfers Compared

NGN-EUR Rate Calculator

 
 
   
   
   
   
   
 

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 = 0.000636 EUR
1d0.0%⬦
Tracker
  1 EUR = 1,571.5 NGN

90-day market context

NGN to EUR at 0.000637 is 1.3% above its 3-month average of 0.000629, having traded in a very stable 4.0% range from 0.000619 to 0.000644
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Currency Forecasts related to NGN/EUR

EUR to NGN Exchange Rate Forecast & Outlook

Currently, EUR/NGN is trading close to 60-day lows near 1567, holding near its recent low and below the 3-month average of 1593. Risk sentiment remains pressured, supported by gloomy Eurozone data and oil price risks.

Read forecast

USD to EUR Exchange Rate Forecast & Outlook

Currently, USD/EUR is trading near 0.8670, just above its 90-day average, within a stable range. The pair is supported by risk-off sentiment, with safe-haven flows boosting the dollar.

Read forecast

EUR to GBP Exchange Rate Forecast & Outlook

Currently, EUR/GBP is trading near 14-day lows at 0.8626, just below its 3-month average. The pair is consolidating within its recent range, with risk sentiment favoring safe havens like the GBP.

Read forecast

EUR/NGN trades near 1567 with a mild downside bias as risk sentiment stays pressured by Eurozone data and oil risks. Expect some decline if risk-off persists; rates for transfers and travel could become less favourable.

 

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 € 0.0032
₦ 10 € 0.0064
₦ 20 € 0.0127
₦ 50 € 0.0318
₦ 100 € 0.0636
₦ 250 € 0.1590
₦ 500 € 0.3180
₦ 1,000 € 0.6360
₦ 2,000 € 1.2720
₦ 5,000 € 3.1800
₦ 10,000 € 6.3600
₦ 20,000 € 12.72
₦ 50,000 € 31.80
₦ 100,000 € 63.60
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.

 

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