Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security

1bit to NGN Converter and calculator

1bit/NGN: 1 1bit = 6.11 NGN. The price of converting 1 1 bit coin (1bit) to Nigerian Naira (NGN) is 6.11 NGN today.
1bit
1bit
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides 1bit to NGN real-time exchange rates, making it easy to convert 1 bit coin (1bit) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 1bit is currently valued at 6.11 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 1bit is currently valued at 6.11 NGN, which means buying 5 1bit would cost 30.55 NGN. Similarly, ₦1 NGN can be converted to 0.1637 1bit, and ₦50 NGN can be converted to 0.8184 1bit, excluding any platform or gas fees.

Convert 1bit to NGN

Convert NGN to 1bit

1 bit coin
Nigerian Naira
1 1bit
6.11  NGN
Exchange 1 1bit for 6.11 NGN
2 1bit
12.22  NGN
Exchange 2 1bit for 12.22 NGN
5 1bit
30.55  NGN
Exchange 5 1bit for 30.55 NGN
10 1bit
61.1  NGN
Exchange 10 1bit for 61.1 NGN
20 1bit
122.2  NGN
Exchange 20 1bit for 122.2 NGN
50 1bit
305.49  NGN
Exchange 50 1bit for 305.49 NGN
100 1bit
610.98  NGN
Exchange 100 1bit for 610.98 NGN
200 1bit
1,221.96  NGN
Exchange 200 1bit for 1,221.96 NGN
500 1bit
3,054.89  NGN
Exchange 500 1bit for 3,054.89 NGN
1000 1bit
6,109.79  NGN
Exchange 1000 1bit for 6,109.79 NGN
5000 1bit
30,548.94  NGN
Exchange 5000 1bit for 30,548.94 NGN
10000 1bit
61,097.89  NGN
Exchange 10000 1bit for 61,097.89 NGN
In the table above, you'll find a comprehensive 1bit to NGN converter that shows the value of 1 bit coin in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 1bit to NGN, all the way up to 10000 1bit, providing a clear view of their respective values.
Nigerian Naira
1 bit coin
1 NGN
0.1637 1bit
Exchange 1 NGN for 0.1637 1bit
10 NGN
1.64 1bit
Exchange 10 NGN for 1.64 1bit
50 NGN
8.18 1bit
Exchange 50 NGN for 8.18 1bit
100 NGN
16.37 1bit
Exchange 100 NGN for 16.37 1bit
200 NGN
32.73 1bit
Exchange 200 NGN for 32.73 1bit
500 NGN
81.84 1bit
Exchange 500 NGN for 81.84 1bit
1000 NGN
163.67 1bit
Exchange 1000 NGN for 163.67 1bit
2000 NGN
327.34 1bit
Exchange 2000 NGN for 327.34 1bit
5000 NGN
818.36 1bit
Exchange 5000 NGN for 818.36 1bit
10000 NGN
1,636.72 1bit
Exchange 10000 NGN for 1,636.72 1bit
50000 NGN
8,183.59 1bit
Exchange 50000 NGN for 8,183.59 1bit
100000 NGN
16,367.18 1bit
Exchange 100000 NGN for 16,367.18 1bit
In the table above, you'll find a comprehensive NGN to 1bit converter that shows the value of Nigerian Naira in 1 bit coin across commonly used conversion amounts. The list covers conversions from 1 NGN to 1bit, all the way up to 100000 NGN, providing a clear view of their respective values.

1bit to NGN chart

1bit/NGN: 1 1bit = 6.11 NGN; 2025/09/30 07:29:24
In the past 1D, 1 bit coin has changed -0.28% to NGN. Based on the trend and price charts, 1 bit coin(1bit) has changed -0.28% to NGN while Nigerian Naira(NGN) has changed % to 1bit in the last 24 hours.
1D7D1M3M1YAll

1bit to NGN conversion data: Volatility and price changes of 1 bit coin in NGN

The highest 1 bit coin price in NGN over the past 7 days was -- NGN while the lowest 1 bit coin price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in 1 bit coin price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and 1bit to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
49.72 NGN
-- NGN
-- NGN
-- NGN
Low
3.88 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.28%
--
--
--

Buy

Sell

Buy 1bit (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of 1bit with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy 1bit with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

1 bit coin information

1bit to NGN market statistics

1bit/NGN:
₦6.11
1bit 24h volume:
₦1,377,354,172.02
1bit market cap:
₦128,301,449.93
1bit circulating supply:
21.00M 1bit

Current 1bit to NGN exchange rate

1 bit coin to Nigerian Naira is falling this week.
1 bit coin's current market price is ₦6.11 per 1bit, with a total market cap of ₦128,301,449.93 NGN based on a circulating supply of 20,999,326 1bit. The trading volume of 1 bit coin has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, 1bit's trading volume was ₦--.

More info about 1 bit coin on Bitget

Nigerian Naira 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.

Bitget crypto-to-fiat exchange data shows that the most popular 1 bit coin currency pair is the 1bit to NGN, with for 1 bit coin's currency code being 1bit. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 114160.06 USD
popular info ethereum
ETH to USD
1 ETH to 4226.76 USD
popular info ripple
XRP to USD
1 XRP to 2.89 USD
popular info solana
SOL to USD
1 SOL to 213.18 USD
popular info bitcoin
BTC to EUR
1 BTC to 97389.95 EUR
popular info bitcoin
BTC to GBP
1 BTC to 84980.75 GBP
popular info bitcoin
BTC to CAD
1 BTC to 158876.56 CAD
popular info bitcoin
BTC to BRL
1 BTC to 607651.17 BRL
popular info bitcoin
BTC to INR
1 BTC to 10130323.99 INR
popular info pi-network
PI to INR
1 PI to 23.86 INR

Hot promotions

How to convert 1bit to NGN

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert 1bit to NGN
Choose from cryptocurrencies to trade on Bitget.

Popular 1 bit coin Converter

popular info New Taiwan dollar
1bit to TWD
1 1bit to NT$0.1256 TWD
popular info Chinese Yuan
1bit to CNY
1 1bit to ¥0.02935 CNY
popular info United States Dollar
1bit to USD
1 1bit to $0.004118 USD
popular info Euro
1bit to EUR
1 1bit to €0.003513 EUR
popular info Canadian Dollar
1bit to CAD
1 1bit to C$0.005732 CAD
popular info Nigerian Naira
1bit to NGN
1 1bit to ₦6.11 NGN
popular info South Korean Won
1bit to KRW
1 1bit to ₩5.79 KRW
popular info Japanese Yen
1bit to JPY
1 1bit to ¥0.6117 JPY
popular info Pound Sterling
1bit to GBP
1 1bit to £0.003066 GBP
popular info Brazilian Real
1bit to BRL
1 1bit to R$0.02192 BRL

Popular cryptocurrencies to NGN

other assets Bitcoin
BTC to NGN
1 BTC to ₦169,049,489.67 NGN
other assets Ethereum
ETH to NGN
1 ETH to ₦6,227,994.39 NGN
other assets Tether USD Bridged ZEB20
USDT.Z to NGN
1 USDT.Z to ₦1,482.98 NGN
other assets Falcon Finance
FF to NGN
1 FF to ₦335.45 NGN
other assets Solana
SOL to NGN
1 SOL to ₦312,467.08 NGN
other assets XRP
XRP to NGN
1 XRP to ₦4,295.83 NGN
other assets BNB
BNB to NGN
1 BNB to ₦1,523,858.87 NGN
other assets Boundless
ZKC to NGN
1 ZKC to ₦682.09 NGN
other assets Dogecoin
DOGE to NGN
1 DOGE to ₦345.49 NGN
other assets Avantis
AVNT to NGN
1 AVNT to ₦1,642.36 NGN

1bit to NGN Conversion tables

The exchange rate of 1 bit coin is decreasing.
The exchange rate of 1 1bit to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.28%, reaching a high of 49.72 NGN and a low of 3.88 NGN . One month ago, the value of 1 1bit was ₦-- NGN , which represents a --% change from its current value. Over the last year, 1 bit coin has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 07:29 am today 24 hours ago 24h change
0.5 1bit
₦3.05₦--
-0.28%
1 1bit
₦6.11₦--
-0.28%
5 1bit
₦30.55₦--
-0.28%
10 1bit
₦61.1₦--
-0.28%
50 1bit
₦305.49₦--
-0.28%
100 1bit
₦610.98₦--
-0.28%
500 1bit
₦3,054.89₦--
-0.28%
1000 1bit
₦6,109.79₦--
-0.28%

1bit to NGN FAQ

How much is 1 1 bit coin in NGN?
Right now, the price of 1 1 bit coin (1bit) in Nigerian Naira (NGN) is ₦6.11.
How much 1bit can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.1637 1bit for 1 NGN.
How do I calculate or convert 1bit to NGN?
You can use our 1bit to NGN calculator at the top of this page to convert any amount of 1bit to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.8184 1bit, while 5 1bit will cost around 30.55NGN.
What is the highest price of 1bit/NGN in history?
The all-time high price of 1 1bit in NGN is --. It remains to be seen if the value of 1 1bit/NGN will exceed the current all-time high.
What is the price trend of 1 bit coin in NGN?
Over the past 7 days, the exchange rate of 1 bit coin (1bit) has gone down by --.   Over the last month, the exchange rate of 1 bit coin (1bit) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of 1bit to NGN?

There are many factors that affect the relationship between 1 bit coin and Nigerian Naira, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of 1bit/NGN. When there is positive news in the market about the widespread adoption of 1bit or major technological breakthroughs, it tends to trigger market optimism and drive the rise of 1bit/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in 1bit/NGN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of 1bit/NGN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of 1 bit coin and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular 1 bit coin currency pairs: 1bit to US Dollar (USD), 1bit to Euro (EUR), 1bit to Pound Sterling (GBP), 1bit to Canadian Dollar (CAD), 1bit to Indian Rupee (INR), 1bit to Pakistani Rupee (PKR), 1bit to Brazilian Real (BRL), 1bit to…
The price of 1 bit coin in the US is $0.004118 USD. Additionally, 1 bit coin’s price is €0.003513 EUR in the eurozone, £0.003066 GBP in the UK, C$0.005732 CAD in Canada, ₹0.3655 INR in India, ₨1.17 PKR in Pakistan, R$0.02192 BRL in Brazil, and more.
The most popular 1 bit coin currency pair is the 1bit to Nigerian Naira(NGN). The price of 1 1 bit coin (1bit) in Nigerian Naira (NGN) is ₦6.11.

Popular fiat

Popular areas

Purchase other cryptocurrencies with similar market cap

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.