Send money overseas with WorldRemit to take advantage of bank-beating exchange rates
Nigeria
Germany
NGN

📈 Nigeria to Germany Money Transfer Snapshot Today

  • Best NGN to EUR exchange rate today: EUR 0.0007, offered by Verto
  • Number of money transfer providers compared: 1
  • Number of deals and promo codes: 0
  • Mid-marketⓘThe mid-market exchange rate (also called the interbank rate) is the real NGN to EUR exchange rate before providers add their margin or fees. exchange rate: 1 NGN = EUR 0.0007 (Updated about 1 hours ago)

See detailed Nigeria to Germany money transfer comparison below.

Nigeria to Germany money transfer providers that matched the search criteria

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NGN =
0.70 EUR
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 0.0007 EUR

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





💡What these rates mean for sending money to Germany from Nigeria today

Compare top-rated money transfer providers to find the best way to remit money to Germany from Nigeria. Check today's NGN to EUR exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.

RemitFinder compared 1 provider for Nigeria to Germany money transfers today. Here is what the competition looks like right now:

Today's Most Competitive Providers to Transfer Money to Germany from Nigeria

🥇 Verto with 1 NGN = 0.0007 EUR (best NGN to EUR exchange rate today).

Nigerian Naira to Euro exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much EUR your recipient receives in Germany.

Compare the providers above to maximize every NGN you send to Germany. The best Nigerian Naira to Euro transfer rate changes daily, so comparing today matters.


🔄 Looking for the reverse corridor? Send money from Germany to Nigeria instead.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Nigeria.



Latest Exchange Rates for Sending Money to Germany from Nigeria

Here are some latest NGN to EUR (Nigerian Naira to Euro) exchange rates for popular conversion amounts*.

1 NGN0.00 EUR
5 NGN0.00 EUR
10 NGN0.01 EUR
25 NGN0.02 EUR
50 NGN0.03 EUR
100 NGN0.07 EUR
150 NGN0.11 EUR
200 NGN0.14 EUR
250 NGN0.18 EUR
300 NGN0.21 EUR
400 NGN0.28 EUR
500 NGN0.35 EUR
600 NGN0.42 EUR
700 NGN0.49 EUR
800 NGN0.56 EUR
1000 NGN0.70 EUR
1500 NGN1.05 EUR
2000 NGN1.40 EUR
2500 NGN1.75 EUR
3000 NGN2.10 EUR
4000 NGN2.80 EUR
5000 NGN3.50 EUR
10000 NGN7.00 EUR
15000 NGN10.50 EUR
20000 NGN14.00 EUR
30000 NGN21.00 EUR
40000 NGN28.00 EUR
50000 NGN35.00 EUR
100000 NGN70.00 EUR

*Based on the Mid-market Exchange RateⓘThe mid-market exchange rate (also called the interbank rate) is the real NGN to EUR exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


What is the best way to transfer money to Germany from Nigeria?

With the remittance market booming, there are so many choices for Nigerian Naira to EUR money transfers. Plus, the entry of new fintech companies makes it harder to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies for sending money to Germany from Nigeria. All providers on our platform are established, secure companies that our expert team has evaluated.

In addition, these providers offer you exclusive deals and promo codes; these offers help you further maximize the final EUR amount that your recipient in Nigeria gets.


How to get the best NGN to EUR transfer rate?

When sending money overseas, there are a lot of options at your disposal. RemitFinder helps you to decide who to pick for your NGN to Euro money transfers by comparing providers side by side.

Our comparison engine compares numerous remittance companies and presents you with the best options for sending money from Nigeria to Germany.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for NGN to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What is the cheapest way to send money from Nigeria to Germany?

To send money to Germany from Nigeria, you should try to maximize the money your recipient gets in Euro. Transaction speed, security and other factors notwithstanding, your biggest lever to make the most of your hard earned money is finding the cheapest NGN to EUR money transfer.

Some of the traditional ways to send money may not be the cheapest. For example, you may end up paying high fees as well as get sub optimal exchange rate on your transfer from Nigeria to Germany.

That is why comparing providers is key. Use RemitFinder to see find the cheapest money transfer options for getting the best Nigeria to Germany exchange rate. You also get access to many exclusive promo codes and discounts; these help reduce your cost to send Nigerian Naira to Germany.


Should I use my bank to transfer money from Nigeria to Germany?

There are two major ways that banks in Nigeria make money on international funds transfers. First, by charging steep transaction fees (up to USD 35-50, or currency equivalent), and second, by providing a low NGN to EUR exchange rate.

One simple way to maximizing your payout is by minimizing the fees on Nigeria to Germany money you send, whilst looking for the best rate.

Most remittance companies offer bank to bank transfers for sending money to Germany from Nigeria. You do this by funding your transfer with your bank account in Nigeria, and by paying your recipient in their bank account in Germany. But you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to Germany from Nigeria?

It can be stressful to rush money from Nigeria to Germany. But the good news is that there are best practices you can rely on for fast transfers.

First, pick the right payment method to convert from NGN to EUR. For example, bank transfers are slower as compared to cash payments.

Similarly, choose cash pickup to pay your receiver. Just be aware that the FX rate on cash transactions may not be the best, and there is risk in handling cash. Mobile airtime top up may be the next fastest option.

Transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and can vary from provider to provider. See our remittance guide to see how remittances work in general, and what factors affect the speed of your Nigeria to Germany money transfers.


Which are the best money transfer companies to remit money to Germany from Nigeria?

The definition of "best" is personal to everyone. It may even vary from one Nigeria to Germany transfer to the next.

When comparing providers, check for factors like the best Nigerian Naira to Euro exchange rate, limits, fees, speed, payment and delivery methods, and deals and promotions. Use these parameter to fine tune your choices.

By doing this, you can assess which providers fit your need for EUR money transfer to Germany.

Finally, look for any promotions from these providers as these will lower your overall cost. This way, your recipient in Germany will get more money for every Nigerian Naira you send.


Step by step guide to transfer money to Germany from Nigeria

The first step in sending money to Germany from Nigeria is to select a money transfer provider that suits your needs. You can use RemitFinder's comparison tool to compare choices.

Once you have chosen a provider, follow these steps to make your NGN to EUR money transfer.

  • Click through to the provider's site and register an account.
  • Provide information and documentation that the provider may need for compliance and regulatory checks.
  • Add recipient information including their payout info like bank account in Germany.
  • Enter your transfer amount, and initiate the transfer.
  • Pay for your transfer via your Nigeria bank account or other methods like a Debit Card.
  • Your provider should process the transfer to Germany.

The provider will notify you of the progress on your transfer. Many companies also have mobile apps; you can use that to track the real time status of your transfer from Nigeria to Germany.