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European Union Euroo to Nigerian naira Historical Exchange Rates

Welcome to the EUR to NGN exchange rate history page. This page contains detailed daily historical exchange rates between EUR and NGN from 2025-3-8 to 2025-12-31, making it easy to look up and reference.

Amount
Result

1 EUR = 1721.98 NGN

03:31 Exchange Rate

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1 European Union Euroo to Nigerian naira Historical Exchange Rate Trends

1 EUR = -- NGN

03:31 Exchange Rate

EUR - NGN+0%
7D
1M
3M
Invalid DateInvalid Date

1 European Union Euroo to Nigerian naira Data Statistics

This section organizes the historical exchange rate data of 1 EUR to NGN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
1721.98
1736.63
1753.63
1753.63
Low
1721.98
1716.65
1693.05
1661.27
Average
1721.98
1724.85
1722.5
1712.3

Past 7 days historical exchange rates

Below are the daily average exchange rates of EUR to NGN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of NGN to EUR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

EUR to NGN - Last 7 Days

EUREURNGNNGN
2025-12-31
1721.98
EUREURNGNNGN
2025-12-30
1723.91
EUREURNGNNGN
2025-12-29
1716.65
EUREURNGNNGN
2025-12-28
1718.77
EUREURNGNNGN
2025-12-27
1718.91
EUREURNGNNGN
2025-12-26
1720.67
EUREURNGNNGN
2025-12-25
1719.57

NGN to EUR - Last 7 Days

NGNNGNEUREUR
2025-12-31
0
NGNNGNEUREUR
2025-12-30
0
NGNNGNEUREUR
2025-12-29
0
NGNNGNEUREUR
2025-12-28
0
NGNNGNEUREUR
2025-12-27
0
NGNNGNEUREUR
2025-12-26
0
NGNNGNEUREUR
2025-12-25
0

EUREUR - Euro

The euro was officially issued in 1999. As the unified currency of multiple EU countries, it has greatly promoted regional economic integration. The euro is not only the world's second largest reserve currency, but also has a significant influence on international trade and financial markets, promoting the prosperity of the EU internal market.

  • Supporting unit:1 Euro = 100 cents
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500 euros
  • Reserve currency:Yes, the euro is the world's second-largest reserve currency.
  • Banknote material:Cotton fiber paper features a complex anti-counterfeiting design.
  • Metal composition:The euro is categorized into copper-clad steel and nickel-brass, as well as bimetal varieties.
  • Currency symbol:
  • Paper currency size:Ranging from 120mm × 62mm (€5) to 160mm × 82mm (€500).
  • language:en
  • Main unit:1 Euro
  • ISO code:EUR
  • Currency name:Euro
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:European Central Bank (ECB)
  • Safe-haven currency:Yes, it has a certain hedging attribute.
  • Coin denomination:1, 2, 5, 10, 20, 50 euro cents; 1, 2 euros
  • Countries of Use:The Eurozone comprises 20 member countries, including Germany, France, Italy, Spain, the Netherlands, Belgium, and others, as well as certain non-EU countries or regions such as Vatican City, Monaco, and Kosovo.
  • Cross-border payment:The Eurozone is highly integrated, with SEPA and SWIFT used concurrently, enabling fast and low-cost cross-border transfers that are widely used in international trade and financial transactions.

NGNNGN - Nigerian Naira

The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.

  • Supporting unit:1 Naira = 100 Kobo
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
  • Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
  • Banknote material:Most are paper-based, while some small denominations are made of polymer.
  • Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
  • Currency symbol:
  • Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
  • language:en
  • Main unit:Naira
  • ISO code:NGN
  • Currency name:Nigerian Naira
  • Exchange Rate System:Regulated floating exchange rate system
  • Central Bank:Central Bank of Nigeria
  • Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
  • Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
  • Countries of Use:Nigeria is the only country where it is used officially.
  • Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.

FAQ

What is the relationship between European Union Euroo to Nigerian naira exchange rate and remittance?

The actual amount received during remittance is directly affected by the EUR to NGN exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the EUR to NGN exchange rate can result in substantial changes in actual amounts.

Why are the European Union Euroo to Nigerian naira exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see EUR to NGN on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of European Union Euroo to Nigerian naira exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between EUR and NGN, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of European Union Euroo to Nigerian naira based on historical exchange rates?

Look at the charts of EUR to NGN over the past few months. If the trend is upward, it means EUR is appreciating and exchanging to NGN is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.