EUR → 
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.
💱
Rate as of 2026-05-20EUR → NGN Converter
€
🇪🇺 €1.00 = 🇳🇬
NGN 1,745.80
Rate: 1 EUR = 1745.8000 NGN
Common conversions
| 🇪🇺 EUR | 🇳🇬 NGN |
|---|---|
| €1.00 | NGN 1,745.80 |
| €10.00 | NGN 17,458.00 |
| €100.00 | NGN 174,580.00 |
| €500.00 | NGN 872,900.00 |
| €1,000.00 | NGN 1,745,800.00 |
| €5,000.00 | NGN 8,729,000.00 |
| €10,000.00 | NGN 17,458,000.00 |
| €50,000.00 | NGN 87,290,000.00 |
| €100,000.00 | NGN 174,580,000.00 |
✨ Mid-market rate · 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
❓ 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.
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