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Send money from Germany to Nigeria(EUR → NGN)
EUR
NGN|Updated recentlyMid-market 1592.4766Cheapest todayof 13 providers
Profee
Rate 1616.3637 · Fee €2.90
You send
€1,000
Recipient gets
₦1,611,676
₦61,500 more than the most expensive provider
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Germany to Nigeria in May 2026 is Profee, which delivers 1,611,676.29 NGN on a 1,000 EUR transfer with a fee of €2.90. According to SendMoneyCompare's comparison of 13 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 61,523 NGN.
Last reviewed: by Awais Imran, Reviews Editor
↗
Rates are good right now
56th percentile
Based on 60 days of data (2026-03-13 to 2026-05-20)
Today's best
₦160,300
TapTap Send
60-day avg
1 EUR = 1610.91 NGN
Best rate
1633.00
2026-04-18 · TapTap Send
Worst rate
1593.75
2026-03-16 · Wise
What is the cheapest way to send EUR to NGN?
Sending €1,000 from Germany to Nigeria. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 1616.3637·Fee €2.90
↑ 1.3% over 54dAvg: 1598.01 NGN (+1.1% vs avg)Range: 1594.66–1626.51
1
1616.3637
€2.90
₦1,611,676.29
Rate 1602.9869·Fee Free
Best rate 50 of 60 days
↓ 0.7% over 54dAvg: 1614.06 NGN (-0.7% vs avg)Range: 1598.00–1633.00
2
Under 3 minutes (95% of transfers)
Best rate 50 of 60 days
↓ 0.7% over 54dAvg: 1614.06 NGN (-0.7% vs avg)Range: 1598.00–1633.00
1602.9869
Free
₦1,602,986.94
Rate 1597.2540·Fee Free
→ 0.0% over 54dAvg: 1597.45 NGNRange: 1596.76–1609.13
Rate 1591.3619·Fee €0.99·0.07% markup
↑ 0.1% over 54dAvg: 1584.79 NGN (+0.1% vs avg)Range: 1583.70–1594.02
4
1591.3619
€0.99
₦1,589,786.41
Rate 1591.3619·Fee €2.99·0.07% markup
↓ 0.3% over 54dAvg: 1594.78 NGN (-0.2% vs avg)Range: 1577.54–1597.34
5
Instant0.07% markup
↓ 0.3% over 54dAvg: 1594.78 NGN (-0.2% vs avg)Range: 1577.54–1597.34
1591.3619
€2.99
₦1,586,603.69
Rate 1586.2659·Fee €0.99·0.39% markup
↑ 0.1% over 54dAvg: 1584.79 NGN (+0.1% vs avg)Range: 1583.70–1594.02
6
1586.2659
€0.99
₦1,584,695.53
Rate 1583.3995·Fee Free·0.57% markup
↓ 1.2% over 54dAvg: 1600.83 NGN (-1.1% vs avg)Range: 1579.18–1622.24
7
Minutes to 3-5 days0.57% markup
↓ 1.2% over 54dAvg: 1600.83 NGN (-1.1% vs avg)Range: 1579.18–1622.24
1583.3995
Free
₦1,583,399.48
Rate 1595.1838·Fee €7.62
↑ 1.0% over 60dAvg: 1602.13 NGN (-0.4% vs avg)Range: 1578.96–1616.95
8
1595.1838
€7.62
₦1,583,028.50
Rate 1581.3293·Fee Free·0.70% markup
↑ 0.6% over 60dAvg: 1576.71 NGN (+0.3% vs avg)Range: 1553.65–1603.80
9
1-3 business days0.70% markup
↑ 0.6% over 60dAvg: 1576.71 NGN (+0.3% vs avg)Range: 1553.65–1603.80
1581.3293
Free
₦1,581,329.26
Rate 1579.7368·Fee Free·0.80% markup
↑ 0.2% over 54dAvg: 1577.65 NGN (+0.1% vs avg)Range: 1576.58–1588.30
10
1579.7368
Free
₦1,579,736.78
Rate 1579.7368·Fee €2.99·0.80% markup
↓ 0.4% over 7dAvg: 1578.44 NGN (+0.1% vs avg)Range: 1573.30–1585.68
11
1579.7368
€2.99
₦1,575,013.37
Rate 1574.0039·Fee €0.90·1.16% markup
Most stable rate
↑ 0.1% over 54dAvg: 1572.29 NGN (+0.1% vs avg)Range: 1570.98–1574.04
12
Minutes to 2 days1.16% markup
Most stable rate
↑ 0.1% over 54dAvg: 1572.29 NGN (+0.1% vs avg)Range: 1570.98–1574.04
1574.0039
€0.90
₦1,572,587.26
Rate 1550.9130·Fee €0.49·2.61% markup
Rate up 14.1%
↑ 14.1% over 52dAvg: 1372.88 NGN (+13.0% vs avg)Range: 1332.33–1566.71
13
Minutes to 3 days2.61% markup
Rate up 14.1%
↑ 14.1% over 52dAvg: 1372.88 NGN (+13.0% vs avg)Range: 1332.33–1566.71
1550.9130
€0.49
₦1,550,153.01
Potential savings: Choosing the best provider over the most expensive saves your recipient ₦61,523.28 on a €1,000 transfer.
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Find the best way to send money from Germany to Nigeria. Our comparison tool shows live rates from 15+ providers — see exactly how much NGN your recipient will receive after all fees.
Money transfers from Germany to Nigeria are a vital lifeline for families and businesses. With dozens of providers competing for this corridor, rates and fees vary widely. Specialist money transfer companies often beat bank rates by 2–4%, potentially saving you hundreds of EUR per year. Use our comparison to find today's best deal.
Which provider offers the best EUR to NGN rate?
Profee
4.1Exchange rate
1616.3637
Fee
€2.90
Recipient gets
₦1,611,676.29
Speed
Instant
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Germany to Nigeria route.
Cheapest transfer
Profee
Delivers the most NGN for your money
Fastest transfer
Profee
Delivers in Instant
Cash pickup
Dahabshiil
Widest cash pickup network
Bank transfer
Profee
Best rate for bank deposit to Nigeria
How to send money to Nigeria
Sending money to Nigeria is straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much EUR you want to send, compare providers above, and pick the one offering the best NGN amount for your transfer to Nigeria.
Step 2
Add your recipient
Enter your recipient's details in Nigeria — you'll need their bank account number. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit typically takes minutes to 1 day.
What you need to send money to Nigeria
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full name as registered with their bank (matching BVN records)
Bank account number
10-digit NUBAN (Nigeria Uniform Bank Account Number)
Example: 0123456789
Bank name
Name of the receiving bank (e.g. GTBank, Access Bank, Zenith Bank, First Bank)
Note: Nigeria uses the NUBAN (Nigeria Uniform Bank Account Number) system — a standardized 10-digit account number. Every Nigerian bank account holder also has a BVN (Bank Verification Number) which links all their accounts across banks.
Transfer examples: EUR to NGN
See how much your recipient would get for common transfer amounts.
Send €500
ProviderFeeReceives
Profee
1616.36 · Instant
TapTap Send
1602.99 · Under 3 minutes (95% of transfers)
Dahabshiil
1597.25 · 0-3 days
Wise
1595.18 · 2 min
Western Union
1591.36 · Instant
Remitly
1583.40 · Minutes to 3-5 days
ProviderFeeRateReceivesSpeed
Profee€2.001616.36₦804,949Instant
TapTap SendFree1602.99₦801,493Under 3 minutes (95% of transfers)
DahabshiilFree1597.25₦798,6270-3 days
Wise€1.721595.18₦794,8482 min
Western Union€0.991591.36₦794,105Instant
RemitlyFree1583.40₦791,700Minutes to 3-5 days
Send €1,000
ProviderFeeReceives
Profee
1616.36 · Instant
TapTap Send
1602.99 · Under 3 minutes (95% of transfers)
Dahabshiil
1597.25 · 0-3 days
Sendwave
1591.36 · Instant
Western Union
1591.36 · Instant
WorldRemit
1586.27 · 0-3 days
ProviderFeeRateReceivesSpeed
Profee€2.901616.36₦1,611,676Instant
TapTap SendFree1602.99₦1,602,987Under 3 minutes (95% of transfers)
DahabshiilFree1597.25₦1,597,2540-3 days
Sendwave€0.991591.36₦1,589,786Instant
Western Union€2.991591.36₦1,586,604Instant
WorldRemit€0.991586.27₦1,584,6960-3 days
Send €5,000
ProviderFeeReceives
Profee
1616.36 · Instant
TapTap Send
1602.99 · Under 3 minutes (95% of transfers)
Dahabshiil
1597.25 · 0-3 days
Wise
1595.18 · 2 min
Western Union
1591.36 · Instant
WorldRemit
1586.27 · 0-3 days
ProviderFeeRateReceivesSpeed
Profee€2.001616.36₦8,078,586Instant
TapTap SendFree1602.99₦8,014,935Under 3 minutes (95% of transfers)
DahabshiilFree1597.25₦7,986,2700-3 days
Wise€1.721595.18₦7,973,1752 min
Western Union€0.991591.36₦7,955,234Instant
WorldRemit€0.991586.27₦7,929,7590-3 days
How much does it cost to send money from Germany to Nigeria?
Transfer fees from Germany to Nigeria vary by provider. Specialist services charge €0–10 per transfer, while banks charge €25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total NGN your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically €0–€10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (1592.4766).
Ways to send money to Nigeria
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Bank deposit is the most common and reliable delivery method in Nigeria. The NIBSS Instant Payment (NIP) system enables near-real-time transfers between Nigerian banks. Mobile money is growing but less established than in East Africa.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Google Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Cash
Medium costSpeed: Varies
Pay cash at an agent location — available at select providers
How can my recipient receive money in Nigeria?
Your recipient in Nigeria can receive money through these delivery methods. The best option depends on their location and preferences.
Bank Deposit
Minutes to 1 day
Direct transfer to Nigerian bank accounts via the NIBSS instant payment system. Most banks credit within hours.
WiseRemitlyWorldRemitWestern Union+1 more
Mobile Money
Minutes
Transfer to mobile money wallets like OPay or Paga — growing alternatives for recipients without traditional bank accounts.
WorldRemit
Cash Pickup
Minutes
Recipient collects cash from partner bank branches and agent locations across Nigeria.
Western UnionMoneyGramRia Money Transfer
What are the transfer limits and regulations for Nigeria?
Important rules and requirements to know before sending money to Nigeria.
Regulatory body
Central Bank of Nigeria (CBN)
Inbound transfer limits
No cap on incoming diaspora remittances — Nigeria actively encourages inbound transfers
Documentation you may need
- Government-issued photo ID (passport, driver's license, or state ID)
- Social Security Number or equivalent tax ID
- Proof of source of funds for transfers over $5,000 with some providers
Important things to know
- The CBN has unified exchange rates following currency reforms. The gap between official and parallel market rates has narrowed significantly.
- NGN rates can change rapidly — always check the rate at the exact time of sending, not hours earlier.
- Recipients may need their BVN (Bank Verification Number) for cash pickups over certain thresholds.
- Nigerian domiciliary (DOM) accounts can receive foreign currency directly without conversion to NGN.
How long does it take to send money to Nigeria?
Most transfers from Germany to Nigeria arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Nigeria for a small premium.
FastExpress delivery
- ProfeeInstant
- TapTap SendUnder 3 minutes (95% of transfers)
- SendwaveInstant
- Western UnionInstant
- RemitlyMinutes to 3-5 days
Standard delivery
- Dahabshiil0-3 days
- WorldRemit0-3 days
- Wise2 min
- InstaReM1-3 business days
- Paysend2 days
Popular banks in Nigeria
These are the most commonly used banks for receiving international transfers in Nigeria.
BankSWIFT/BICNotes
GTBank (Guaranty Trust)
GTBINGLAXXX
Access Bank
ABORINGCXXX
Zenith Bank
ZEABORILXXX
First Bank of Nigeria
FABORINLXXX
United Bank for Africa (UBA)
UNAFNGLAXXX
Fidelity Bank
FIDTNGLA
EUR to NGN Exchange Rate History
Daily best exchange rates from top providers over the last 60 days. Rates shown are for sending $100.
| Date | InstaReM | Wise | __mid Market__ | TapTap Send | Western Union |
|---|---|---|---|---|---|
| Trend | |||||
| May 20 | 1581.3832 | 1595.1900 | 1616.0930✓ | 1603.0000 | 1591.0687 |
| May 19 | 1585.8353 | 1597.3400 | 1619.8811✓ | 1600.0000 | 1590.9606 |
| May 18 | 1582.0687 | 1589.5600 | 1617.9564✓ | 1600.0000 | 1577.5356 |
| May 17 | 1581.5427 | 1590.5900 | 1626.5102✓ | 1600.0000 | 1577.5356 |
| May 16 | 1581.5427 | 1590.5900 | 1624.7231✓ | 1600.0000 | 1577.5356 |
| May 15 | 1582.0088 | 1591.2800 | 1619.2365✓ | 1606.0000 | 1597.3359 |
| May 14 | 1588.9441 | 1596.4700 | 1619.2365✓ | 1606.0000 | 1597.3359 |
| May 13 | 1597.1702 | 1610.5800✓ | 1596.7554 | 1606.0000 | 1595.9306 |
| May 12 | 1590.6630 | 1601.1300 | 1596.7554 | 1606.0000✓ | 1595.9306 |
| May 11 | 1585.4021 | 1603.6100 | 1596.7554 | 1606.0000✓ | 1595.9306 |
| May 10 | 1586.8579 | 1606.5400✓ | 1596.7554 | 1606.0000 | 1595.9306 |
| May 9 | 1586.8579 | 1606.5400✓ | 1596.7554 | 1606.0000 | 1595.9306 |
| May 8 | 1583.8181 | 1593.2800 | 1596.7554 | 1606.0000✓ | 1595.9306 |
| May 7 | 1586.5558 | 1608.5100✓ | 1596.7554 | 1605.0000 | 1595.9306 |
| May 6 | 1588.8974 | 1590.9500 | 1596.7554 | 1598.0000✓ | 1595.9306 |
| May 5 | 1553.6477 | 1589.7700 | 1596.7554 | 1605.0000✓ | 1595.9306 |
| May 4 | 1600.2801 | 1609.8200 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| May 3 | 1601.2140 | 1609.4100 | 1596.7554 | 1610.0000✓ | 1595.9306 |
| May 2 | 1601.2140 | 1609.4100 | 1596.7554 | 1620.0000✓ | 1595.9306 |
| May 1 | 1601.1248 | 1611.0600 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 30 | 1553.6477 | 1603.2300 | 1596.7554 | 1621.0000✓ | 1595.9306 |
| Apr 29 | 1553.6477 | 1608.7200 | 1596.7554 | 1618.0000✓ | 1595.9306 |
| Apr 28 | 1553.6477 | 1596.6600 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 27 | 1553.6477 | 1605.2900 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 26 | 1553.6477 | 1604.4000 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 25 | 1553.6477 | 1604.4000 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 24 | 1553.6477 | 1596.6100 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 23 | 1553.6477 | 1600.8400 | 1596.7554 | 1620.0000✓ | 1595.9306 |
| Apr 22 | 1553.6477 | 1607.8900 | 1596.7554 | 1625.0000✓ | 1595.9306 |
| Apr 21 | 1572.1561 | 1612.0700 | 1596.7554 | 1625.0000✓ | 1595.9306 |
| Apr 20 | 1569.4164 | 1609.9500 | 1596.7554 | 1628.0000✓ | 1595.9306 |
| Apr 19 | 1570.2841 | 1610.5600 | 1596.7554 | 1628.0000✓ | 1595.9306 |
| Apr 18 | 1570.2841 | 1610.5600 | 1596.7554 | 1633.0000✓ | 1595.9306 |
| Apr 17 | 1568.5389 | 1608.9000 | 1596.7554 | 1625.0000✓ | 1595.9306 |
| Apr 16 | 1574.0142 | 1613.7600 | 1596.7554 | 1625.0000✓ | 1595.9306 |
| Apr 15 | 1580.6068 | 1616.9500 | 1596.7554 | 1630.0000✓ | 1595.9306 |
| Apr 14 | 1586.1236 | 1615.1800 | 1596.7554 | 1617.0000✓ | 1595.9306 |
| Apr 13 | 1574.4571 | 1608.1000 | 1596.7554 | 1617.0000✓ | 1595.9306 |
| Apr 12 | 1581.0956 | 1613.4700 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 11 | 1581.0956 | 1613.4700 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 10 | 1579.3073 | 1608.2400 | 1596.7554 | 1620.0000✓ | 1595.9306 |
| Apr 9 | 1594.5476 | 1605.1900 | 1596.7554 | 1625.0000✓ | 1595.9306 |
| Apr 8 | 1603.8013 | 1603.9200 | 1596.7554 | 1605.0000✓ | 1595.9306 |
| Apr 7 | 1579.6878 | 1601.4400 | 1596.7554 | 1610.0000✓ | 1595.9306 |
| Apr 6 | 1581.8001 | 1603.8000 | 1596.7554 | 1620.0000✓ | 1595.9306 |
| Apr 5 | 1576.0487 | 1604.5300 | 1596.7554 | 1617.0000✓ | 1595.9306 |
| Apr 4 | 1576.0487 | 1604.5300 | 1596.7554 | 1616.0000✓ | 1595.9306 |
| Apr 3 | 1575.7782 | 1604.0400 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Apr 2 | 1580.0125 | 1590.0300 | 1596.7554 | 1610.0000✓ | 1595.9306 |
| Apr 1 | 1585.5730 | 1602.4700 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Mar 31 | 1584.7327 | 1613.6900 | 1596.7554 | 1620.0000✓ | 1595.9306 |
| Mar 30 | 1577.0721 | 1602.7100 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Mar 29 | 1570.4906 | 1600.7700 | 1596.7554 | 1620.0000✓ | 1595.9306 |
| Mar 28 | 1580.8726 | 1603.9000 | 1596.7554 | 1615.0000✓ | 1595.9306 |
| Mar 18 | 1554.0640 | 1595.4200✓ | 1595.4200✓ | — | — |
| Mar 17 | 1566.8123 | 1589.9600✓ | 1589.9600✓ | — | — |
| Mar 16 | 1563.9812 | 1593.7509✓ | 1593.7509✓ | — | — |
| Mar 15 | 1571.0216 | 1578.9600✓ | 1578.9600✓ | — | — |
| Mar 14 | 1571.4293 | 1578.9600✓ | 1578.9600✓ | — | — |
| Mar 13 | 1571.4293 | 1578.9600✓ | 1578.9600✓ | — | — |
Common questions about sending money from Germany to Nigeria
What is the cheapest way to send money from Germany to Nigeria?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Germany to Nigeria?
Most specialist providers deliver to Nigeria within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send €1,000 from Germany to Nigeria?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much NGN your recipient would receive from a €1,000 transfer today.
Can I send money from Germany to Nigeria online?
Yes, all the providers we compare support online transfers from Germany to Nigeria. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Nigeria?
Money transfer services are almost always cheaper. Banks typically charge €25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge €0–10 with markups under 1%, saving you significantly on every transfer to Nigeria.
Everything about sending money to Nigeria
Recipient requirements, delivery methods, regulations, popular banks, and more.
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Popular corridors
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