950EUR to NGN exchange rate
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EUR to NGN
1 EUR = 1598.95 NGN
13:30 Exchange Rate
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EUR to NGN AI Predictive Analysis
XTransfer is China’s leading B2B foreign-trade finance platform, offering small, medium, and micro enterprises secure, convenient, and cost-effective international payment‑collection solutions—with zero account‑opening fees and zero transaction fees. New users can register to receive up to RMB 200,000 in free foreign‑exchange settlement quota. The current EUR/NGN exchange rate fluctuates within a narrow range of 1580-1590. The market is concerned about the policy trend of Nigeria's central bank and the economic data of the euro zone. AI predictions can help users identify trends in advance and optimize their foreign exchange settlement decisions.
As of June 12, 2026
| Key Dates to Watch: | June 12, 2026 |
| Analysis of influencing factors: | Nigerian exchange controls, eurozone inflation data |
| Recent volatility: | Low |
| Technical Brief Commentary: | Moving averages are in a bullish alignment, and the MACD has produced a golden cross. |
| Potential resistance level: | 1595.00 |
| AI confidence index: | Middle and high |
| titleLeft: | EUR to NGN |
| Operating Recommendations: | Gradually convert foreign currency into local currency on dips. |
| Market sentiment: | Cautiously optimistic |
| Trend Forecasting: | Moderate short-term upward trend |
| Current exchange rate: | 1589.82 |
| Prediction time range: | The next 1–2 weeks |
| Potential support level: | 1576.50 |
AI analysis is for reference only. Please judge based on actual conditions.
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AI-integrated, for reference only1 USD to CNY Historical Exchange Rate Trends
1 USD = -- CNY
09:44 Exchange Rate
EUR Exchange Rate Conversion Table
EUR - 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.
NGN - 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.
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