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Korico to NGN Converter and calculator

Korico/NGN: 1 Korico = 0.04625 NGN. The price of converting 1 Korico (Korico) to Nigerian Naira (NGN) is 0.04625 NGN today.
Korico
Korico
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides Korico to NGN real-time exchange rates, making it easy to convert Korico (Korico) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 Korico is currently valued at 0.04625 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Korico is currently valued at 0.04625 NGN, which means buying 5 Korico would cost 0.2312 NGN. Similarly, ₦1 NGN can be converted to 21.62 Korico, and ₦50 NGN can be converted to 108.11 Korico, excluding any platform or gas fees.

Convert Korico to NGN

Convert NGN to Korico

Korico
Nigerian Naira
1 Korico
0.04625  NGN
Exchange 1 Korico for 0.04625 NGN
2 Korico
0.09250  NGN
Exchange 2 Korico for 0.09250 NGN
5 Korico
0.2312  NGN
Exchange 5 Korico for 0.2312 NGN
10 Korico
0.4625  NGN
Exchange 10 Korico for 0.4625 NGN
20 Korico
0.9250  NGN
Exchange 20 Korico for 0.9250 NGN
50 Korico
2.31  NGN
Exchange 50 Korico for 2.31 NGN
100 Korico
4.62  NGN
Exchange 100 Korico for 4.62 NGN
200 Korico
9.25  NGN
Exchange 200 Korico for 9.25 NGN
500 Korico
23.12  NGN
Exchange 500 Korico for 23.12 NGN
1000 Korico
46.25  NGN
Exchange 1000 Korico for 46.25 NGN
5000 Korico
231.25  NGN
Exchange 5000 Korico for 231.25 NGN
10000 Korico
462.49  NGN
Exchange 10000 Korico for 462.49 NGN
In the table above, you'll find a comprehensive Korico to NGN converter that shows the value of Korico in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 Korico to NGN, all the way up to 10000 Korico, providing a clear view of their respective values.
Nigerian Naira
Korico
1 NGN
21.62 Korico
Exchange 1 NGN for 21.62 Korico
10 NGN
216.22 Korico
Exchange 10 NGN for 216.22 Korico
50 NGN
1,081.1 Korico
Exchange 50 NGN for 1,081.1 Korico
100 NGN
2,162.2 Korico
Exchange 100 NGN for 2,162.2 Korico
200 NGN
4,324.41 Korico
Exchange 200 NGN for 4,324.41 Korico
500 NGN
10,811.02 Korico
Exchange 500 NGN for 10,811.02 Korico
1000 NGN
21,622.04 Korico
Exchange 1000 NGN for 21,622.04 Korico
2000 NGN
43,244.08 Korico
Exchange 2000 NGN for 43,244.08 Korico
5000 NGN
108,110.21 Korico
Exchange 5000 NGN for 108,110.21 Korico
10000 NGN
216,220.42 Korico
Exchange 10000 NGN for 216,220.42 Korico
50000 NGN
1,081,102.12 Korico
Exchange 50000 NGN for 1,081,102.12 Korico
100000 NGN
2,162,204.24 Korico
Exchange 100000 NGN for 2,162,204.24 Korico
In the table above, you'll find a comprehensive NGN to Korico converter that shows the value of Nigerian Naira in Korico across commonly used conversion amounts. The list covers conversions from 1 NGN to Korico, all the way up to 100000 NGN, providing a clear view of their respective values.

Korico to NGN chart

Korico/NGN: 1 Korico = 0.04625 NGN; 2025/09/19 22:49:10
In the past 1D, Korico has changed +4.46% to NGN. Based on the trend and price charts, Korico(Korico) has changed +4.46% to NGN while Nigerian Naira(NGN) has changed % to Korico in the last 24 hours.
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Korico to NGN conversion data: Volatility and price changes of Korico in NGN

The highest Korico price in NGN over the past 7 days was -- NGN while the lowest Korico price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Korico price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and Korico 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
6.44 NGN
-- NGN
-- NGN
-- NGN
Low
0.008466 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+4.46%
--
--
--

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

Korico to NGN market statistics

Korico/NGN:
₦0.04625
Korico 24h volume:
₦2,661,952,600.16
Korico market cap:
₦46,249,099.99
Korico circulating supply:
1.00B Korico

Current Korico to NGN exchange rate

Korico to Nigerian Naira is falling this week.
Korico's current market price is ₦0.04625 per Korico, with a total market cap of ₦46,249,099.99 NGN based on a circulating supply of 1,000,000,000 Korico. The trading volume of Korico has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, Korico's trading volume was ₦--.

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

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How to convert Korico to NGN

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Korico to NGN Conversion tables

The exchange rate of Korico is decreasing.
The exchange rate of 1 Korico to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.46%, reaching a high of 6.44 NGN and a low of 0.008466 NGN . One month ago, the value of 1 Korico was ₦-- NGN , which represents a --% change from its current value. Over the last year, Korico has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 22:49 today 24 hours ago 24h change
0.5 Korico
₦0.02312₦--
+4.46%
1 Korico
₦0.04625₦--
+4.46%
5 Korico
₦0.2312₦--
+4.46%
10 Korico
₦0.4625₦--
+4.46%
50 Korico
₦2.31₦--
+4.46%
100 Korico
₦4.62₦--
+4.46%
500 Korico
₦23.12₦--
+4.46%
1000 Korico
₦46.25₦--
+4.46%

Korico to NGN FAQ

How much is 1 Korico in NGN?
Right now, the price of 1 Korico (Korico) in Nigerian Naira (NGN) is ₦0.04625.
How much Korico can I buy for 1 NGN?
Based on the current exchange rate, you can get 21.62 Korico for 1 NGN.
How do I calculate or convert Korico to NGN?
You can use our Korico to NGN calculator at the top of this page to convert any amount of Korico to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 108.11 Korico, while 5 Korico will cost around 0.2312NGN.
What is the highest price of Korico/NGN in history?
The all-time high price of 1 Korico in NGN is --. It remains to be seen if the value of 1 Korico/NGN will exceed the current all-time high.
What is the price trend of Korico in NGN?
Over the past 7 days, the exchange rate of Korico (Korico) has gone down by --.   Over the last month, the exchange rate of Korico (Korico) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of Korico to NGN?

There are many factors that affect the relationship between Korico 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 Korico/NGN. When there is positive news in the market about the widespread adoption of Korico or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Korico/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Korico/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 Korico/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 Korico 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 Korico currency pairs: Korico to US Dollar (USD), Korico to Euro (EUR), Korico to Pound Sterling (GBP), Korico to Canadian Dollar (CAD), Korico to Indian Rupee (INR), Korico to Pakistani Rupee (PKR), Korico to Brazilian Real (BRL), Korico to…
The price of Korico in the US is $0.{4}3094 USD. Additionally, Korico’s price is €0.{4}2634 EUR in the eurozone, £0.{4}2296 GBP in the UK, C$0.{4}4264 CAD in Canada, ₹0.002726 INR in India, ₨0.008784 PKR in Pakistan, R$0.0001647 BRL in Brazil, and more.
The most popular Korico currency pair is the Korico to Nigerian Naira(NGN). The price of 1 Korico (Korico) in Nigerian Naira (NGN) is ₦0.04625.

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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.