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
Slovakia
NGN

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

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
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 Slovakia. 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 Slovakia from Nigeria, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Slovakia 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 Slovakia 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 do Nigeria to Slovakia money transfers?

Sending money internationally to Slovakia from Nigeria can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Nigerian Naira to EUR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Slovakia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.


How to get the best rate to transfer money to Slovakia from Nigeria?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Slovakia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Nigeria to Slovakia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your NGN to Euro money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Nigeria to Slovakia?

One of the most important things to watch out for is hidden fees when sending money to Slovakia 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 Slovakia 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 Slovakia 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 Slovakia from Nigeria.


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

We do not recommend using your local bank in Nigeria for your next NGN to EUR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Nigeria to Slovakia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending EUR to Slovakia. These companies will let you use your local bank account in Nigeria to pay for your Slovakia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


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

If you need to convert NGN to EUR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Nigeria to Slovakia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Nigerian Naira to Euro funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Slovakia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Nigeria to Slovakia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Nigeria to Slovakia?

Since the Nigerian Naira to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Nigeria that may also be able to send money to Slovakia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your NGN to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Slovakia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Nigeria to Slovakia transaction.


Step by step guide to do a money transfer from Nigeria to Slovakia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Nigeria to Slovakia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Nigeria to Slovakia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Slovakia where they can receive monies in Euro.
  • Then, provide details of your Nigeria bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your NGN travel to another part of the globe.