EUR-NGN
Medium Volatility
EUR to NGN Exchange Rate Report
May 2026 Analysis
Average Rate
1590.1469
Monthly Change
-1.07%
Best Provider
remitly
Data Points
252
Executive Summary
In May 2026, the EUR to NGN exchange rate weakened, moving from 1634.7200 to 1617.2695 (-1.07% change).
The average rate across all providers was 1590.1469, with rates ranging from 1475.5048 to 1634.7200. Market volatility was medium during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during May.
Rate Range Analysis
Lowest Rate
1475.5048
Average Rate
1590.1469
Highest Rate
1634.7200
Opening: 1634.7200Closing: 1617.2695
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 1618.8126 | 1606.1900 | 1634.7200 | 16 days |
moneygram | 1617.7738 | 1611.0223 | 1624.9164 | 10 days |
transfergo | 1608.2802 | 1596.9659 | 1623.7003 | 4 days |
taptapsend | 1603.4194 | 1590.0000 | 1620.0000 | 1 days |
sendwave | 1598.5238 | 1587.8818 | 1612.8908 | |
wise | 1597.7606 | 1586.4100 | 1613.3900 | |
worldremit | 1594.2301 | 1585.5878 | 1605.9414 | |
westernunion | 1592.9733 | 1577.5356 | 1608.8608 | |
paysend | 1582.5378 | 1578.1517 | 1590.3099 | |
xe | 1507.5005 | 1475.5048 | 1556.5695 |
Best Time to Transfer
Best Day
Friday
Average rate: 1591.2438
Avoid
Tuesday
Average rate: 1588.9241
Based on 252 data points collected throughout May 2026.
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