Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's NGN to EUR (Nigerian Naira to Euro) exchange rates

Nigeria
Portugal
NGN

Interbank Exchange Rate: 1 NGN = 0.0007 EUR
Updated about 1 hours ago

Found 1 Remittance Service Providers

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.





All you need to know about Nigerian Naira to Euro money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Portugal. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Euro (EUR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Portugal from Nigeria, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Portugal and their 1 NGN to EUR exchange rate today is 0.0007.

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.

Were you looking to send money from Portugal to Nigeria instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest NGN to EUR Conversion Rates

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
1,000 NGN0.70 EUR
1,500 NGN1.05 EUR
2,000 NGN1.40 EUR
2,500 NGN1.75 EUR
3,000 NGN2.10 EUR
4,000 NGN2.80 EUR
5,000 NGN3.50 EUR
10,000 NGN7.00 EUR
15,000 NGN10.50 EUR
20,000 NGN14.00 EUR
30,000 NGN21.00 EUR
40,000 NGN28.00 EUR
50,000 NGN35.00 EUR
100,000 NGN70.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Nigeria to Portugal?

There are many good choices when it comes to sending money from Nigeria to Portugal. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Nigerian Naira to EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Portugal from Nigeria. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Nigerian Naira to Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Nigeria to Portugal?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your NGN to Euro money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Nigeria to Portugal. We carefully select providers to give you the best choices for sending money internationally.

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


What's the cheapest way to send money to Portugal from Nigeria?

One of the most important things to watch out for is hidden fees when sending money to Portugal from Nigeria. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Portugal using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Euro foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NGN to Portugal exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Portugal from Nigeria.


Should I use my bank to send money from Nigeria to Portugal?

Big banks in Nigeria are known to make a lot of money by charging high fees on Portugal money transfers from Nigeria. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a NGN to EUR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Portugal. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Nigeria to Portugal. You work hard for your money, so you should also ensure you get the maximum yield when you send EUR overseas.


How to send money to Portugal from Nigeria fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Nigeria to Portugal. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert NGN to EUR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Nigerian Naira amount reaching Portugal. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Euro quickly to Portugal, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money from Nigeria to Portugal?

Nigeria to Portugal money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Portugal as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Nigerian Naira to Euro money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Portugal from Nigeria

The first step to send money to Portugal from Nigeria is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your NGN to EUR overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Portugal if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Nigeria bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Portugal!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Nigeria to Portugal.