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AMR to NGN Converter and calculator

AMR/NGN: 1 AMR = 119.9 NGN. The price of converting 1 Advanced Mortgage & Reserve (AMR) to Nigerian Naira (NGN) is 119.9 NGN today.
AMR
AMR
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides AMR to NGN real-time exchange rates, making it easy to convert Advanced Mortgage & Reserve (AMR) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 AMR is currently valued at 119.9 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 AMR is currently valued at 119.9 NGN, which means buying 5 AMR would cost 599.49 NGN. Similarly, ₦1 NGN can be converted to 0.008340 AMR, and ₦50 NGN can be converted to 0.04170 AMR, excluding any platform or gas fees.

Convert AMR to NGN

Convert NGN to AMR

Advanced Mortgage & Reserve
Nigerian Naira
1 AMR
119.9  NGN
Exchange 1 AMR for 119.9 NGN
2 AMR
239.8  NGN
Exchange 2 AMR for 239.8 NGN
5 AMR
599.49  NGN
Exchange 5 AMR for 599.49 NGN
10 AMR
1,198.98  NGN
Exchange 10 AMR for 1,198.98 NGN
20 AMR
2,397.96  NGN
Exchange 20 AMR for 2,397.96 NGN
50 AMR
5,994.91  NGN
Exchange 50 AMR for 5,994.91 NGN
100 AMR
11,989.82  NGN
Exchange 100 AMR for 11,989.82 NGN
200 AMR
23,979.64  NGN
Exchange 200 AMR for 23,979.64 NGN
500 AMR
59,949.1  NGN
Exchange 500 AMR for 59,949.1 NGN
1000 AMR
119,898.2  NGN
Exchange 1000 AMR for 119,898.2 NGN
5000 AMR
599,490.98  NGN
Exchange 5000 AMR for 599,490.98 NGN
10000 AMR
1,198,981.96  NGN
Exchange 10000 AMR for 1,198,981.96 NGN
In the table above, you'll find a comprehensive AMR to NGN converter that shows the value of Advanced Mortgage & Reserve in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 AMR to NGN, all the way up to 10000 AMR, providing a clear view of their respective values.
Nigerian Naira
Advanced Mortgage & Reserve
1 NGN
0.008340 AMR
Exchange 1 NGN for 0.008340 AMR
10 NGN
0.08340 AMR
Exchange 10 NGN for 0.08340 AMR
50 NGN
0.4170 AMR
Exchange 50 NGN for 0.4170 AMR
100 NGN
0.8340 AMR
Exchange 100 NGN for 0.8340 AMR
200 NGN
1.67 AMR
Exchange 200 NGN for 1.67 AMR
500 NGN
4.17 AMR
Exchange 500 NGN for 4.17 AMR
1000 NGN
8.34 AMR
Exchange 1000 NGN for 8.34 AMR
2000 NGN
16.68 AMR
Exchange 2000 NGN for 16.68 AMR
5000 NGN
41.7 AMR
Exchange 5000 NGN for 41.7 AMR
10000 NGN
83.4 AMR
Exchange 10000 NGN for 83.4 AMR
50000 NGN
417.02 AMR
Exchange 50000 NGN for 417.02 AMR
100000 NGN
834.04 AMR
Exchange 100000 NGN for 834.04 AMR
In the table above, you'll find a comprehensive NGN to AMR converter that shows the value of Nigerian Naira in Advanced Mortgage & Reserve across commonly used conversion amounts. The list covers conversions from 1 NGN to AMR, all the way up to 100000 NGN, providing a clear view of their respective values.

AMR to NGN chart

AMR/NGN: 1 AMR = 119.9 NGN; 2025/08/30 02:26:38
In the past 1D, Advanced Mortgage & Reserve has changed +8.77% to NGN. Based on the trend and price charts, Advanced Mortgage & Reserve(AMR) has changed +8.77% to NGN while Nigerian Naira(NGN) has changed % to AMR in the last 24 hours.
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AMR to NGN conversion data: Volatility and price changes of Advanced Mortgage & Reserve in NGN

The highest Advanced Mortgage & Reserve price in NGN over the past 7 days was 194.86 NGN while the lowest Advanced Mortgage & Reserve price in NGN over the past 7 days was 75.41 NGN. The relative change between the highs and lows in Advanced Mortgage & Reserve price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and AMR 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
162.41 NGN
194.86 NGN
586.67 NGN
1,008.19 NGN
Low
103.87 NGN
75.41 NGN
75.41 NGN
75.41 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+8.77%
-34.96%
-79.71%
-82.11%

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Advanced Mortgage & Reserve information

AMR to NGN market statistics

AMR/NGN:
₦119.9
AMR 24h volume:
₦3,047,022,503.33
AMR market cap:
--
AMR circulating supply:
0 AMR

Current AMR to NGN exchange rate

Advanced Mortgage & Reserve to Nigerian Naira is falling this week.
Advanced Mortgage & Reserve's current market price is ₦119.9 per AMR, with a total market cap of ₦0 NGN based on a circulating supply of -- AMR. The trading volume of Advanced Mortgage & Reserve has changed by +1977.11% (₦2,900,327,377.44 NGN) in the last 24 hours. Last trading day, AMR's trading volume was ₦146,695,125.89.

More info about Advanced Mortgage & Reserve 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 Advanced Mortgage & Reserve currency pair is the AMR to NGN, with for Advanced Mortgage & Reserve's currency code being AMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

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How to convert AMR to NGN

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AMR to NGN Conversion tables

The exchange rate of Advanced Mortgage & Reserve is decreasing.
The exchange rate of 1 AMR to Nigerian Naira has changed by -34.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.77%, reaching a high of 162.41 NGN and a low of 103.87 NGN . One month ago, the value of 1 AMR was ₦580.58 NGN , which represents a -79.71% change from its current value. Over the last year, Advanced Mortgage & Reserve has changed by
+
117.27NGN
, resulting in a change of -82.16% in its value.
24 hours ago1 month ago1 year ago
Amount 02:26 am today 24 hours ago 24h change
0.5 AMR
₦59.95₦55.22
+8.77%
1 AMR
₦119.9₦110.44
+8.77%
5 AMR
₦599.49₦552.2
+8.77%
10 AMR
₦1,198.98₦1,104.41
+8.77%
50 AMR
₦5,994.91₦5,522.04
+8.77%
100 AMR
₦11,989.82₦11,044.08
+8.77%
500 AMR
₦59,949.1₦55,220.42
+8.77%
1000 AMR
₦119,898.2₦110,440.84
+8.77%

AMR to NGN FAQ

How much is 1 Advanced Mortgage & Reserve in NGN?
Right now, the price of 1 Advanced Mortgage & Reserve (AMR) in Nigerian Naira (NGN) is ₦119.9.
How much AMR can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.008340 AMR for 1 NGN.
How do I calculate or convert AMR to NGN?
You can use our AMR to NGN calculator at the top of this page to convert any amount of AMR to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.04170 AMR, while 5 AMR will cost around 599.49NGN.
What is the highest price of AMR/NGN in history?
The all-time high price of 1 AMR in NGN is ₦1,008.19. It remains to be seen if the value of 1 AMR/NGN will exceed the current all-time high.
What is the price trend of Advanced Mortgage & Reserve in NGN?
Over the past 7 days, the exchange rate of Advanced Mortgage & Reserve (AMR) has gone down by 34.96%.   Over the last month, the exchange rate of Advanced Mortgage & Reserve (AMR) has gone down by 79.71% against Nigerian Naira (NGN).

What factors influence the conversion rate of AMR to NGN?

There are many factors that affect the relationship between Advanced Mortgage & Reserve 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 AMR/NGN. When there is positive news in the market about the widespread adoption of AMR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of AMR/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in AMR/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 AMR/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 Advanced Mortgage & Reserve 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 Advanced Mortgage & Reserve currency pairs: AMR to US Dollar (USD), AMR to Euro (EUR), AMR to Pound Sterling (GBP), AMR to Canadian Dollar (CAD), AMR to Indian Rupee (INR), AMR to Pakistani Rupee (PKR), AMR to Brazilian Real (BRL), AMR to…
The price of Advanced Mortgage & Reserve in the US is $0.07792 USD. Additionally, Advanced Mortgage & Reserve’s price is €0.06668 EUR in the eurozone, £0.05769 GBP in the UK, C$0.1071 CAD in Canada, ₹6.87 INR in India, ₨21.95 PKR in Pakistan, R$0.4232 BRL in Brazil, and more.
The most popular Advanced Mortgage & Reserve currency pair is the AMR to Nigerian Naira(NGN). The price of 1 Advanced Mortgage & Reserve (AMR) in Nigerian Naira (NGN) is ₦119.9.

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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.