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Notcoin to Nigerian Naira Converter and calculator

Convert 1Notcoin (NOT) to Nigerian Naira (NGN) equals ₦ 25.13 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Notcoin(NOT) to Nigerian Naira(NGN). This is the real-time data. The current conversion shows 1 NOT at a value of 1 NOT for 25.13 NGN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NGN information

About the Nigerian Naira (NGN)

What Is the Nigerian Naira (NGN)?

The Nigerian Naira is the official currency of Nigeria, a country in West Africa. The Naira is symbolized by ₦ and has the currency code NGN. One Naira is divided into 100 Kobo. As Africa's largest economy, Nigerian Naira plays a crucial role both domestically and in the African financial landscape. The Nigerian Naira is the sole legal tender in Nigeria, and it is used for all transactions within the country.

The Nigerian Naira is issued by the Central Bank of Nigeria (CBN), which is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. The CBN is responsible for the design, production, and distribution of the currency, as well as for implementing monetary policy and maintaining the value of the Naira.

What Is the History of NGN?

The Nigerian Naira, introduced on January 1, 1973, marked a significant milestone in Nigeria's economic history, replacing the Nigerian pound at a rate of 2 Naira for 1 pound. This transition signified Nigeria's shift from the British pound sterling to a distinct and independent decimal currency system. The name 'Naira' was derived from 'Nigeria', symbolizing the nation's sovereignty in monetary matters. The initial series of banknotes and coins were the first to be issued by an independent Nigeria, with the coins being the last to feature Queen Elizabeth II, reflecting the country's colonial history.

Notes and Coins of NGN

The Nigerian Naira (NGN) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 50 Kobo, 1 Naira, and 2 Naira. Banknotes are issued in denominations of ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, and ₦1000.

What Is eNaira?

The eNaira is the first African central bank digital currency (CBDC). Launched on October 25, 2021, by President Muhammadu Buhari, the eNaira is issued and regulated by the Central Bank of Nigeria (CBN). It operates as a legal tender, just like physical Naira, but in a digital form, maintaining a one-to-one value with the traditional Naira. The eNaira aims to enhance financial inclusion, improve payment efficiency, and facilitate seamless cross-border transactions. It operates on a blockchain network, allowing peer-to-peer transactions without intermediaries, distinguishing itself from decentralized cryptocurrencies like Bitcoin by running on a private blockchain controlled by the CBN. Users access the eNaira through digital wallets, with transactions promising speed, reduced costs, and increased convenience.

Is NGN Pegged to GBP?

No, the Nigerian Naira (NGN) is not pegged to the British Pound Sterling (GBP). The Naira operates on a floating exchange rate system, where its value is determined by market forces based on supply and demand in the foreign exchange market.

Historically, Nigeria used the British Pound Sterling during its time as a British colony and for some years after gaining independence. However, in 1973, Nigeria introduced the Naira to replace the Pound Sterling and established its own monetary system. Since then, the Naira has not been pegged to the Pound Sterling or any other foreign currency but has been subject to fluctuations in the international currency markets.

Is NGN a Stable Currency?

The Nigerian Naira (NGN) has historically faced challenges regarding stability. The Naira had been experiencing significant fluctuations, largely due to factors such as political instability, economic challenges, and fluctuations in oil prices, which is a major revenue source for Nigeria. For instance, in 2021, the official exchange rate of the Naira to the US Dollar was around 380 NGN to 1 USD, while the parallel market rate was much higher, around 475 NGN to 1 USD. In June 2023, the Naira fell 23% in a day to a rate of ₦600 to US$1. This discrepancy indicates ongoing challenges in achieving currency stability.

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Bitget crypto-to-fiat exchange data shows that the most popular Notcoin currency pair is the NOT to NGN, with for Notcoin's currency code being NOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

NOT to NGN conversion rate trend

1D7D1M3M1YAll
In the past 1D, Notcoin has changed -14.71% to NGN. Based on the trend and price charts, Notcoin(NOT) has changed -14.71% to NGN while Nigerian Naira(NGN) has changed % to NOT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₦26.04
0.0002% / 0.0003%vip-iconVIP
Binance
₦26.06
0.1000% / 0.1000%
Yes
OKX
₦26.04
0.080% / 0.100%
Yes
Gate.io
₦26.07
0.1000% / 0.1000%
Yes
Bybit
₦26.07
0.1000% / 0.1000%
Yes
KuCoin
₦26.08
0.1000% / 0.1000%
Yes
Bitfinex
₦26.08
0.1000% / 0.1000%
Yes
Last updated 2024/06/17 16:00:22(UTC+0)

How to buy Notcoin

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Notcoin (NOT)
Use a variety of payment options to buy Notcoin on Bitget. We'll show you how.

Buy NOT (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading does not currently support direct buying of NOT with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy NOT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
D
Dadysalahu20Verified Merchant
694 tradesCompletion rate 98.00%
1333 NGN
Amount70 USDT
Limit13330 - 13330 NGN
Bank Transfer
Buy
M
Manzeel_Ex$ Verified Merchant
140 tradesCompletion rate 100.00%
1480.7 NGN
Amount33.62 USDT
Limit30000 - 126777.53 NGN
Bank Transfer
Buy
D
DECLAXGLOBAL Verified Merchant
466 tradesCompletion rate 99.00%
1480.95 NGN
Amount18.26 USDT
Limit1200 - 470734.76 NGN
Bank Transfer
Buy
u
uceekingGolden merchantVerified Merchant
1242 tradesCompletion rate 99.00%
1481 NGN
Amount128.15 USDT
Limit150000 - 500000 NGN
Bank Transfer
Buy
m
mdtechVerified Merchant
2624 tradesCompletion rate 99.00%
1481.9 NGN
Amount272.57 USDT
Limit30000 - 403921.48 NGN
Bank Transfer
Buy

Sell NOT (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading currently does not support direct selling of NOT to NGN. However, you can first exchange NOT for USDT in the Bitget spot market, and then sell USDT to NGN in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
B
BGUSER-PUQ7AVX9Verified Merchant
5 tradesCompletion rate 63.00%
1481.6 NGN
Amount418.09 USDT
Limit50000 - 4444800 NGN
Bank Transfer
Sell
F
FabulousPayGolden merchantVerified Merchant
899 tradesCompletion rate 98.00%
1480.5 NGN
Amount2938 USDT
Limit1000000 - 4349709 NGN
Bank Transfer
Sell
F
Fit GlobalsVerified Merchant
68 tradesCompletion rate 94.00%
1480.43 NGN
Amount15000 USDT
Limit200000 - 22206450 NGN
Bank Transfer
Sell
T
Timmy_AsapVerified Merchant
6995 tradesCompletion rate 100.00%
1480.11 NGN
Amount99627.15 USDT
Limit50000 - 75000000 NGN
Bank Transfer
Sell
T
Timmy_AsapVerified Merchant
6995 tradesCompletion rate 100.00%
1480.11 NGN
Amount99869 USDT
Limit100000 - 75000000 NGN
Bank Transfer
Sell

What factors influence the conversion rate of Notcoin to Nigerian Naira?

Notcoin to Nigerian Naira is falling this week.
Notcoin's current market price is ₦ 25.13 per NOT, with a total market cap of ₦ 2,581,132,161,042.15 NGN based on a circulating supply of 102,701,030,000 NOT. The trading volume of Notcoin has changed by +6.37% (₦ 74,810,177,805.65 NGN) in the last 24 hours. Last trading day, NOT's trading volume was ₦ 1,175,281,256,274.61.
Market cap
$1.74B
24h volume
$842.92M
Circulating supply
102.70B NOT

Conversion tables

The exchange rate of Notcoin is increasing.
1 NOT is currently valued at ₦ 25.13 NGN , which means buying 5 NOT will cost ₦ 125.66 NGN . Similarly, ₦1 NGN can be traded for 0.03979 NOT, and ₦50 NGN can be converted to 1.99 NOT, excluding any platform or gas fees.
The exchange rate of 1 NOT to Nigerian Naira has changed by -8.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -14.71%, reaching a high of 30.72 NGN and a low of 24.9 NGN . One month ago, the value of 1 NOT was ₦ 9.78 NGN , which represents a +157.32% change from its current value. Over the last year, Notcoin has changed by
+
25.12NGN
, resulting in a change of --% in its value.

NOT to NGN

Amount
16:28 today
0.5 NOT
12.57
1 NOT
25.13
5 NOT
125.66
10 NOT
251.32
50 NOT
1,256.62
100 NOT
2,513.25
500 NOT
12,566.24
1000 NOT
25,132.48

NGN to NOT

Amount16:28 today
0.5NGN0.01989  NOT
1NGN0.03979  NOT
5NGN0.1989  NOT
10NGN0.3979  NOT
50NGN1.99  NOT
100NGN3.98  NOT
500NGN19.89  NOT
1000NGN39.79  NOT
Buy Notcoin for 1 NGN
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Today vs. 24 hours ago

Amount16:28 today24 hours ago24h change
0.5 NOT$0.008473$0.009933
-14.71%
1 NOT$0.01695$0.01987
-14.71%
5 NOT$0.08473$0.09933
-14.71%
10 NOT$0.1695$0.1987
-14.71%
50 NOT$0.8473$0.9933
-14.71%
100 NOT$1.69$1.99
-14.71%
500 NOT$8.47$9.93
-14.71%
1000 NOT$16.95$19.87
-14.71%

Today vs. 1 month ago

Amount16:28 today1 month ago1M change
0.5 NOT$0.008473$0.003296
+157.32%
1 NOT$0.01695$0.006593
+157.32%
5 NOT$0.08473$0.03296
+157.32%
10 NOT$0.1695$0.06593
+157.32%
50 NOT$0.8473$0.3296
+157.32%
100 NOT$1.69$0.6593
+157.32%
500 NOT$8.47$3.3
+157.32%
1000 NOT$16.95$6.59
+157.32%
Buy Notcoin for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Notcoin now

Today vs. 1 year ago

Amount16:28 today1 year ago1Y change
0.5 NOT$0.008473$0.{5}5752
--
1 NOT$0.01695$0.{4}1150
--
5 NOT$0.08473$0.{4}5752
--
10 NOT$0.1695$0.0001150
--
50 NOT$0.8473$0.0005752
--
100 NOT$1.69$0.001150
--
500 NOT$8.47$0.005752
--
1000 NOT$16.95$0.01150
--

Notcoin price prediction

What will the price of NOT be in 2025?

Based on NOT's historical price performance prediction model, the price of NOT is projected to reach -- in 2025.

What will the price of NOT be in 2030?

In 2030, the NOT price is expected to rise by -16.00%. By the end of 2030, the NOT price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Notcoin for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Notcoin now

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Buy Notcoin for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Notcoin for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Notcoin and NGN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Notcoin and NGN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Notcoin in NGN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Notcoin for 1 NGN

A welcome pack worth 1000 USDT for new Bitgetters!

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.