Corridor

Sending money to Nigeria from Ireland

1 EUR = 1,528.93 NGN

The official central rate for 2026-09-17, Source: Central Bank of Nigeria. This is the reference point every transfer is priced against, not the rate you will be offered. Full EUR to NGN rate, charts and history.

What arrives in Nigeria

A transfer from Ireland to Nigeria converts euros into Nigerian naira. Two things sit between the rate above and the amount your recipient sees: the fee the service charges, and the margin it adds to the rate itself. The second is usually larger, and is often not presented as a cost at all.

Official central rate vs what you’ll actually get

The EUR/NGN rate above is the official central rate published by Central Bank of Nigeria official NFEM rate on 2026-09-17. It is the reference point, not a price you can transact at.

Why the amount received is lower

Transfer fee. A flat charge, or a percentage, taken by the sending service.
Exchange rate markup. Most services apply a spread to the reference rate. This is usually the larger cost and is often not shown as a fee.
Receiving method. Bank deposit, mobile wallet and cash pickup can carry different rates and charges.
Timing. Reference rates are published once per working day; a transfer is priced when it is executed.

What a markup costs

Illustration only, not a quote from any provider: at a 1.5% markup with a €4.00 fee, sending €1,000 delivers about ₦1,499,976 instead of the ₦1,528,935 the official central rate implies — a difference of ₦28,958.

Nigeria: This is the Central Bank of Nigeria official rate. Rates offered by banks, transfer services and informal markets may differ.

Sending money? What recipients typically get

Provider comparisons are not published for this pair yet. They appear here once a partner data feed is in place, each row carrying the fee, the rate used and the date it was last checked.

Before you send

Compare the rate, not just the fee. A service advertising no fee may take more through its margin than one charging a flat amount.
Check the receiving method. Bank deposit, mobile wallet and cash pickup can be priced differently.
Check when it is priced. The reference rate is published once per working day; a transfer is converted when it is actually executed.