Understanding the exchange rate between the Euro (EUR) and the Nigerian Naira (NGN) is crucial for individuals and businesses involved in international transactions. This article provides an overview of the current EUR to NGN exchange rate, historical trends, and factors influencing currency values.
As of 18:00 PM UTC, €100.00 (one hundred euros) is currently worth ₦165,981.53 (one hundred sixty-five thousand nine hundred eighty-one naira 53 kobos). This conversion is based on the mid-market exchange rate, which is used for informational purposes. It's important to note that the actual rate you receive when sending money may vary.
The current exchange rate is 1659.8153. Compared to the previous closing exchange rate, the Nigerian Naira increased by 0.13% (+207.44) against the Euro.
Historical EUR to NGN Exchange Rate Statistics
Analyzing historical data provides valuable insights into the volatility and trends of currency exchange rates. Here's a summary of the EUR to NGN exchange rate statistics over the last 7, 30, and 90 days:
Why Different Currencies Have Different Values?
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 1,697.8 | 1,722.1 | 1,800.6 |
| Low | 1,652.6 | 1,652.6 | 1,652.6 |
| Average | 1,670.1 | 1,696.4 | 1,747.0 |
| Volatility | 0.78% | 0.48% | 0.40% |
On this day last year, €100.00 would have been exchanged for ₦180,100.63, which is ₦14,119.11 higher than today’s rate. The most favorable exchange rate over the past seven days was ₦167,856.73.
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Currency Information
EUR - Euro
Our currency rankings show that the most popular Euro exchange rate is the EUR to USD rate. The currency code for Euros is EUR. The currency symbol is €.
NGN - Nigerian Naira
Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nigerian Nairas is NGN. The currency symbol is ₦.
International Money Transfers
Sending money abroad is easier than ever. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks.
Here are some tools and tips for managing your currencies and international transfers:
- Xe App: Manage your currencies on the go with the Xe app. It has everything you need for international money transfers - easy, secure, and low fees.
- Rate Alerts: Set free rate alerts for any currency pair. You’ll be notified at your desired rate.
- Historical Currency Rates: Analyze rate trends for any currency over a few days, weeks, months, or years. Check the currency rates against all the world currencies here.
Disclaimer: Information provided is for educational purposes only and not financial advice. Consult with a financial advisor for advice tailored to your specific circumstances.
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