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EUR EUR NGN NGN ⚡ Popular Rate as of2026-05-20

EUR to NGN Converter.

Current rate

1 EUR = 1745.8 NGN as of 2026-05-20. EUR/NGN serves Nigeria's massive diaspora in the UK, Italy, Germany, and Ireland, with the naira down 75%+ against the euro since the 2023 CBN float. Search volume spikes around CBN dollar-window auctions and parallel-market gaps.

💱

EURNGN Converter

🇪🇺 €1.00 = 🇳🇬
NGN 1,745.80
Rate: 1 EUR = 1745.8000 NGN
Common conversions
🇪🇺 EUR🇳🇬 NGN
€1.00NGN 1,745.80
€10.00NGN 17,458.00
€100.00NGN 174,580.00
€500.00NGN 872,900.00
€1,000.00NGN 1,745,800.00
€5,000.00NGN 8,729,000.00
€10,000.00NGN 17,458,000.00
€50,000.00NGN 87,290,000.00
€100,000.00NGN 174,580,000.00
✨ Mid-market rate · as of 2026-05-20 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

EUR trend over time.

Today
1745.8
1 EUR = NGN
1 year ago
1680.5
↑ 3.9% in 12 months
5 years ago
460.2
↑ 279.4% in 5 years
🔢 Quick reference

EUR to NGN conversion table.

Common Euro amounts converted to Nigerian Naira at today's rate of 1 EUR = 1745.8 NGN. The reverse holds too: 1 NGN = 0.0006 EUR.

EUR → NGN
1 EUR 1,746 NGN
5 EUR 8,729 NGN
10 EUR 17,458 NGN
25 EUR 43,645 NGN
50 EUR 87,290 NGN
100 EUR 174,580 NGN
500 EUR 872,900 NGN
1,000 EUR 1,745,800 NGN
5,000 EUR 8,729,000 NGN
10,000 EUR 17,458,000 NGN
NGN → EUR
1 NGN 0.0006 EUR
5 NGN 0.0029 EUR
10 NGN 0.0057 EUR
25 NGN 0.0143 EUR
50 NGN 0.0286 EUR
100 NGN 0.0573 EUR
500 NGN 0.2864 EUR
1,000 NGN 0.5728 EUR
5,000 NGN 2.86 EUR
10,000 NGN 5.73 EUR
💡 About this corridor

Why people convert EUR to NGN.

The EUR/NGN corridor is driven mostly by Eurozone purchases and EU remittances. On the Nigerian Naira side, demand comes from African diaspora remittances, oil trade, and commerce. Because both sides see steady two-way flow, EUR/NGN is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the Euro has moved up 3.9% against the Nigerian Naira, and over five years it has strengthened about 279.4% (from 460.2 to 1745.8). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Nigerian Naira you receive by a meaningful margin.

Getting the best EUR → NGN rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large EUR transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-20 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

EUR to NGN FAQ.

Who converts EUR to NGN?
Nigerian healthcare workers in the UK and Ireland, Italian-based traders, and German-Nigerian families sending remittances; also EU importers paying for Nigerian crude and agricultural commodities.
Best way to send EUR to NGN?
Sendwave, LemFi, and Wise offer the best EUR-NGN rates with direct payouts to GTBank, Access Bank, and Opay wallets; parallel-market rates via Bureau de Change have narrowed sharply since the 2024 reforms.
Why has the naira collapsed?
The 2023 CBN decision to unify multiple FX windows and float the naira, combined with chronic dollar shortages and oil-revenue decline, drove the official rate from 460 to over 1,500 per USD within 18 months.