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IRO to NGN Converter and calculator

IRO/NGN: 1 IRO = 0.05799 NGN. The price of converting 1 Iro-Chan (IRO) to Nigerian Naira (NGN) is 0.05799 NGN today.
IRO
IRO
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides IRO to NGN real-time exchange rates, making it easy to convert Iro-Chan (IRO) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 IRO is currently valued at 0.05799 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IRO is currently valued at 0.05799 NGN, which means buying 5 IRO would cost 0.2900 NGN. Similarly, ₦1 NGN can be converted to 17.24 IRO, and ₦50 NGN can be converted to 86.22 IRO, excluding any platform or gas fees.

Convert IRO to NGN

Convert NGN to IRO

Iro-Chan
Nigerian Naira
1 IRO
0.05799  NGN
Exchange 1 IRO for 0.05799 NGN
2 IRO
0.1160  NGN
Exchange 2 IRO for 0.1160 NGN
5 IRO
0.2900  NGN
Exchange 5 IRO for 0.2900 NGN
10 IRO
0.5799  NGN
Exchange 10 IRO for 0.5799 NGN
20 IRO
1.16  NGN
Exchange 20 IRO for 1.16 NGN
50 IRO
2.9  NGN
Exchange 50 IRO for 2.9 NGN
100 IRO
5.8  NGN
Exchange 100 IRO for 5.8 NGN
200 IRO
11.6  NGN
Exchange 200 IRO for 11.6 NGN
500 IRO
29  NGN
Exchange 500 IRO for 29 NGN
1000 IRO
57.99  NGN
Exchange 1000 IRO for 57.99 NGN
5000 IRO
289.97  NGN
Exchange 5000 IRO for 289.97 NGN
10000 IRO
579.93  NGN
Exchange 10000 IRO for 579.93 NGN
In the table above, you'll find a comprehensive IRO to NGN converter that shows the value of Iro-Chan in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 IRO to NGN, all the way up to 10000 IRO, providing a clear view of their respective values.
Nigerian Naira
Iro-Chan
1 NGN
17.24 IRO
Exchange 1 NGN for 17.24 IRO
10 NGN
172.43 IRO
Exchange 10 NGN for 172.43 IRO
50 NGN
862.17 IRO
Exchange 50 NGN for 862.17 IRO
100 NGN
1,724.34 IRO
Exchange 100 NGN for 1,724.34 IRO
200 NGN
3,448.68 IRO
Exchange 200 NGN for 3,448.68 IRO
500 NGN
8,621.7 IRO
Exchange 500 NGN for 8,621.7 IRO
1000 NGN
17,243.4 IRO
Exchange 1000 NGN for 17,243.4 IRO
2000 NGN
34,486.79 IRO
Exchange 2000 NGN for 34,486.79 IRO
5000 NGN
86,216.98 IRO
Exchange 5000 NGN for 86,216.98 IRO
10000 NGN
172,433.96 IRO
Exchange 10000 NGN for 172,433.96 IRO
50000 NGN
862,169.82 IRO
Exchange 50000 NGN for 862,169.82 IRO
100000 NGN
1,724,339.63 IRO
Exchange 100000 NGN for 1,724,339.63 IRO
In the table above, you'll find a comprehensive NGN to IRO converter that shows the value of Nigerian Naira in Iro-Chan across commonly used conversion amounts. The list covers conversions from 1 NGN to IRO, all the way up to 100000 NGN, providing a clear view of their respective values.

IRO to NGN chart

IRO/NGN: 1 IRO = 0.05799 NGN; 2025/08/31 17:26:59
In the past 1D, Iro-Chan has changed +2.11% to NGN. Based on the trend and price charts, Iro-Chan(IRO) has changed +2.11% to NGN while Nigerian Naira(NGN) has changed % to IRO in the last 24 hours.
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IRO to NGN conversion data: Volatility and price changes of Iro-Chan in NGN

The highest Iro-Chan price in NGN over the past 7 days was 0.06668 NGN while the lowest Iro-Chan price in NGN over the past 7 days was 0.05662 NGN. The relative change between the highs and lows in Iro-Chan price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and IRO 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
0.05799 NGN
0.06668 NGN
0.06731 NGN
0.06844 NGN
Low
0.05662 NGN
0.05662 NGN
0.05125 NGN
0.03842 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+2.11%
-13.84%
+7.56%
+22.79%

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Iro-Chan information

IRO to NGN market statistics

IRO/NGN:
₦0.05799
IRO 24h volume:
--
IRO market cap:
--
IRO circulating supply:
0 IRO

Current IRO to NGN exchange rate

Iro-Chan to Nigerian Naira is falling this week.
Iro-Chan's current market price is ₦0.05799 per IRO, with a total market cap of ₦0 NGN based on a circulating supply of -- IRO. The trading volume of Iro-Chan has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, IRO's trading volume was ₦0.

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

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How to convert IRO to NGN

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IRO to NGN Conversion tables

The exchange rate of Iro-Chan is increasing.
The exchange rate of 1 IRO to Nigerian Naira has changed by -13.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.11%, reaching a high of 0.05799 NGN and a low of 0.05662 NGN . One month ago, the value of 1 IRO was ₦0.05392 NGN , which represents a +7.56% change from its current value. Over the last year, Iro-Chan has changed by
-
0.05969NGN
, resulting in a change of -50.72% in its value.
24 hours ago1 month ago1 year ago
Amount 17:26 today 24 hours ago 24h change
0.5 IRO
₦0.02900₦0.02840
+2.11%
1 IRO
₦0.05799₦0.05679
+2.11%
5 IRO
₦0.2900₦0.2840
+2.11%
10 IRO
₦0.5799₦0.5679
+2.11%
50 IRO
₦2.9₦2.84
+2.11%
100 IRO
₦5.8₦5.68
+2.11%
500 IRO
₦29₦28.4
+2.11%
1000 IRO
₦57.99₦56.79
+2.11%

IRO to NGN FAQ

How much is 1 Iro-Chan in NGN?
Right now, the price of 1 Iro-Chan (IRO) in Nigerian Naira (NGN) is ₦0.05799.
How much IRO can I buy for 1 NGN?
Based on the current exchange rate, you can get 17.24 IRO for 1 NGN.
How do I calculate or convert IRO to NGN?
You can use our IRO to NGN calculator at the top of this page to convert any amount of IRO to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 86.22 IRO, while 5 IRO will cost around 0.2900NGN.
What is the highest price of IRO/NGN in history?
The all-time high price of 1 IRO in NGN is ₦5.41. It remains to be seen if the value of 1 IRO/NGN will exceed the current all-time high.
What is the price trend of Iro-Chan in NGN?
Over the past 7 days, the exchange rate of Iro-Chan (IRO) has gone down by 13.84%.   Over the last month, the exchange rate of Iro-Chan (IRO) has gone up by 7.56% against Nigerian Naira (NGN).

What factors influence the conversion rate of IRO to NGN?

There are many factors that affect the relationship between Iro-Chan 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 IRO/NGN. When there is positive news in the market about the widespread adoption of IRO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IRO/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IRO/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 IRO/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 Iro-Chan 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 Iro-Chan currency pairs: IRO to US Dollar (USD), IRO to Euro (EUR), IRO to Pound Sterling (GBP), IRO to Canadian Dollar (CAD), IRO to Indian Rupee (INR), IRO to Pakistani Rupee (PKR), IRO to Brazilian Real (BRL), IRO to…
The price of Iro-Chan in the US is $0.{4}3786 USD. Additionally, Iro-Chan’s price is €0.{4}3280 EUR in the eurozone, £0.{4}2850 GBP in the UK, C$0.{4}5205 CAD in Canada, ₹0.003338 INR in India, ₨0.01072 PKR in Pakistan, R$0.0002056 BRL in Brazil, and more.
The most popular Iro-Chan currency pair is the IRO to Nigerian Naira(NGN). The price of 1 Iro-Chan (IRO) in Nigerian Naira (NGN) is ₦0.05799.

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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.