EUR-NGN
Medium Volatility
EUR to NGN Exchange Rate Report
August 2026 Analysis
Average Rate
1591.5563
Monthly Change
-0.76%
Best Provider
remitly
Data Points
254
Executive Summary
In August 2026, the EUR to NGN exchange rate weakened, moving from 1600.0200 to 1587.9344 (-0.76% change).
The average rate across all providers was 1591.5563, with rates ranging from 1462.8062 to 1656.1400. Market volatility was medium during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during August.
Rate Range Analysis
Lowest Rate
1462.8062
Average Rate
1591.5563
Highest Rate
1656.1400
Opening: 1600.0200Closing: 1587.9344
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 1636.3381 | 1623.2600 | 1656.1400 | 27 days |
wise | 1610.0248 | 1593.5400 | 1630.8300 | |
transfergo | 1609.1898 | 1595.2417 | 1627.1474 | 1 days |
paysend | 1604.4578 | 1584.7808 | 1626.8873 | 3 days |
westernunion | 1593.7619 | 1578.1522 | 1615.4282 | |
taptapsend | 1593.7097 | 1580.0000 | 1610.0000 | |
sendwave | 1593.4260 | 1584.1521 | 1610.9978 | |
worldremit | 1593.3596 | 1582.3598 | 1608.9522 | |
ria | 1591.6573 | 1587.9344 | 1598.8491 | |
xe | 1500.5328 | 1462.8062 | 1544.2504 |
Best Time to Transfer
Best Day
Friday
Average rate: 1593.4968
Avoid
Tuesday
Average rate: 1589.6498
Based on 254 data points collected throughout August 2026.
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