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FDM to NGN Converter and calculator

FDM/NGN: 1 FDM = 17.37 NGN. The price of converting 1 Freedom (FDM) to Nigerian Naira (NGN) is 17.37 NGN today.
FDM
FDM
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FDM to NGN real-time exchange rates, making it easy to convert Freedom (FDM) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 FDM is currently valued at 17.37 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FDM is currently valued at 17.37 NGN, which means buying 5 FDM would cost 86.83 NGN. Similarly, ₦1 NGN can be converted to 0.05758 FDM, and ₦50 NGN can be converted to 0.2879 FDM, excluding any platform or gas fees.

Convert FDM to NGN

Convert NGN to FDM

Freedom
Nigerian Naira
1 FDM
17.37  NGN
Exchange 1 FDM for 17.37 NGN
2 FDM
34.73  NGN
Exchange 2 FDM for 34.73 NGN
5 FDM
86.83  NGN
Exchange 5 FDM for 86.83 NGN
10 FDM
173.67  NGN
Exchange 10 FDM for 173.67 NGN
20 FDM
347.34  NGN
Exchange 20 FDM for 347.34 NGN
50 FDM
868.34  NGN
Exchange 50 FDM for 868.34 NGN
100 FDM
1,736.68  NGN
Exchange 100 FDM for 1,736.68 NGN
200 FDM
3,473.36  NGN
Exchange 200 FDM for 3,473.36 NGN
500 FDM
8,683.4  NGN
Exchange 500 FDM for 8,683.4 NGN
1000 FDM
17,366.8  NGN
Exchange 1000 FDM for 17,366.8 NGN
5000 FDM
86,833.98  NGN
Exchange 5000 FDM for 86,833.98 NGN
10000 FDM
173,667.96  NGN
Exchange 10000 FDM for 173,667.96 NGN
In the table above, you'll find a comprehensive FDM to NGN converter that shows the value of Freedom in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 FDM to NGN, all the way up to 10000 FDM, providing a clear view of their respective values.
Nigerian Naira
Freedom
1 NGN
0.05758 FDM
Exchange 1 NGN for 0.05758 FDM
10 NGN
0.5758 FDM
Exchange 10 NGN for 0.5758 FDM
50 NGN
2.88 FDM
Exchange 50 NGN for 2.88 FDM
100 NGN
5.76 FDM
Exchange 100 NGN for 5.76 FDM
200 NGN
11.52 FDM
Exchange 200 NGN for 11.52 FDM
500 NGN
28.79 FDM
Exchange 500 NGN for 28.79 FDM
1000 NGN
57.58 FDM
Exchange 1000 NGN for 57.58 FDM
2000 NGN
115.16 FDM
Exchange 2000 NGN for 115.16 FDM
5000 NGN
287.91 FDM
Exchange 5000 NGN for 287.91 FDM
10000 NGN
575.81 FDM
Exchange 10000 NGN for 575.81 FDM
50000 NGN
2,879.06 FDM
Exchange 50000 NGN for 2,879.06 FDM
100000 NGN
5,758.11 FDM
Exchange 100000 NGN for 5,758.11 FDM
In the table above, you'll find a comprehensive NGN to FDM converter that shows the value of Nigerian Naira in Freedom across commonly used conversion amounts. The list covers conversions from 1 NGN to FDM, all the way up to 100000 NGN, providing a clear view of their respective values.

FDM to NGN chart

FDM/NGN: 1 FDM = 17.37 NGN; 2025/07/21 16:58:01
In the past 1D, Freedom has changed -0.35% to NGN. Based on the trend and price charts, Freedom(FDM) has changed -0.35% to NGN while Nigerian Naira(NGN) has changed % to FDM in the last 24 hours.
1D7D1M3M1YAll

FDM to NGN conversion data: Volatility and price changes of Freedom in NGN

The highest Freedom price in NGN over the past 7 days was 22.69 NGN while the lowest Freedom price in NGN over the past 7 days was 21.2 NGN. The relative change between the highs and lows in Freedom price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and FDM 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
21.46 NGN
22.69 NGN
23.51 NGN
24.2 NGN
Low
21.2 NGN
21.2 NGN
21.2 NGN
18.79 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.35%
-5.20%
-6.93%
-0.67%

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Bitget P2P trading does not currently support direct buying of FDM with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy FDM with USDT via Bitget spot market.
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Freedom information

FDM to NGN market statistics

FDM/NGN:
₦17.37
FDM 24h volume:
₦420,677,279.3
FDM market cap:
--
FDM circulating supply:
0 FDM

Current FDM to NGN exchange rate

Freedom to Nigerian Naira is falling this week.
Freedom's current market price is ₦17.37 per FDM, with a total market cap of ₦0 NGN based on a circulating supply of -- FDM. The trading volume of Freedom has changed by -4.33% (₦-19,042,964.60 NGN) in the last 24 hours. Last trading day, FDM's trading volume was ₦439,720,243.9.

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

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How to convert FDM to NGN

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FDM to NGN Conversion tables

The exchange rate of Freedom is decreasing.
The exchange rate of 1 FDM to Nigerian Naira has changed by -5.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.35%, reaching a high of 21.46 NGN and a low of 21.2 NGN . One month ago, the value of 1 FDM was ₦18.95 NGN , which represents a -6.93% change from its current value. Over the last year, Freedom has changed by
-
35.83NGN
, resulting in a change of -62.79% in its value.
24 hours ago1 month ago1 year ago
Amount 16:58 today 24 hours ago 24h change
0.5 FDM
₦8.68₦8.72
-0.35%
1 FDM
₦17.37₦17.44
-0.35%
5 FDM
₦86.83₦87.21
-0.35%
10 FDM
₦173.67₦174.42
-0.35%
50 FDM
₦868.34₦872.11
-0.35%
100 FDM
₦1,736.68₦1,744.22
-0.35%
500 FDM
₦8,683.4₦8,721.12
-0.35%
1000 FDM
₦17,366.8₦17,442.24
-0.35%

FDM to NGN FAQ

How much is 1 Freedom in NGN?
Right now, the price of 1 Freedom (FDM) in Nigerian Naira (NGN) is ₦17.37.
How much FDM can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.05758 FDM for 1 NGN.
How do I calculate or convert FDM to NGN?
You can use our FDM to NGN calculator at the top of this page to convert any amount of FDM to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.2879 FDM, while 5 FDM will cost around 86.83NGN.
What is the highest price of FDM/NGN in history?
The all-time high price of 1 FDM in NGN is ₦65.18. It remains to be seen if the value of 1 FDM/NGN will exceed the current all-time high.
What is the price trend of Freedom in NGN?
Over the past 7 days, the exchange rate of Freedom (FDM) has gone down by 5.20%.   Over the last month, the exchange rate of Freedom (FDM) has gone down by 6.93% against Nigerian Naira (NGN).

What factors influence the conversion rate of FDM to NGN?

There are many factors that affect the relationship between Freedom 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 FDM/NGN. When there is positive news in the market about the widespread adoption of FDM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FDM/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FDM/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 FDM/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 Freedom 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 Freedom currency pairs: FDM to US Dollar (USD), FDM to Euro (EUR), FDM to Pound Sterling (GBP), FDM to Canadian Dollar (CAD), FDM to Indian Rupee (INR), FDM to Pakistani Rupee (PKR), FDM to Brazilian Real (BRL), FDM to…
The price of Freedom in the US is $0.01134 USD. Additionally, Freedom’s price is €0.009680 EUR in the eurozone, £0.008395 GBP in the UK, C$0.01551 CAD in Canada, ₹0.9776 INR in India, ₨3.23 PKR in Pakistan, R$0.06295 BRL in Brazil, and more.
The most popular Freedom currency pair is the FDM to Nigerian Naira(NGN). The price of 1 Freedom (FDM) in Nigerian Naira (NGN) is ₦17.37.

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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.