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PHNIX to NGN Converter and calculator

PHNIX/NGN: 1 PHNIX = 0.02698 NGN. The price of converting 1 Phoenix (PHNIX) to Nigerian Naira (NGN) is 0.02698 NGN today.
PHNIX
PHNIX
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PHNIX to NGN real-time exchange rates, making it easy to convert Phoenix (PHNIX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 PHNIX is currently valued at 0.02698 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PHNIX is currently valued at 0.02698 NGN, which means buying 5 PHNIX would cost 0.1349 NGN. Similarly, ₦1 NGN can be converted to 37.06 PHNIX, and ₦50 NGN can be converted to 185.3 PHNIX, excluding any platform or gas fees.

Convert PHNIX to NGN

Convert NGN to PHNIX

Phoenix
Nigerian Naira
1 PHNIX
0.02698  NGN
Exchange 1 PHNIX for 0.02698 NGN
2 PHNIX
0.05397  NGN
Exchange 2 PHNIX for 0.05397 NGN
5 PHNIX
0.1349  NGN
Exchange 5 PHNIX for 0.1349 NGN
10 PHNIX
0.2698  NGN
Exchange 10 PHNIX for 0.2698 NGN
20 PHNIX
0.5397  NGN
Exchange 20 PHNIX for 0.5397 NGN
50 PHNIX
1.35  NGN
Exchange 50 PHNIX for 1.35 NGN
100 PHNIX
2.7  NGN
Exchange 100 PHNIX for 2.7 NGN
200 PHNIX
5.4  NGN
Exchange 200 PHNIX for 5.4 NGN
500 PHNIX
13.49  NGN
Exchange 500 PHNIX for 13.49 NGN
1000 PHNIX
26.98  NGN
Exchange 1000 PHNIX for 26.98 NGN
5000 PHNIX
134.91  NGN
Exchange 5000 PHNIX for 134.91 NGN
10000 PHNIX
269.83  NGN
Exchange 10000 PHNIX for 269.83 NGN
In the table above, you'll find a comprehensive PHNIX to NGN converter that shows the value of Phoenix in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 PHNIX to NGN, all the way up to 10000 PHNIX, providing a clear view of their respective values.
Nigerian Naira
Phoenix
1 NGN
37.06 PHNIX
Exchange 1 NGN for 37.06 PHNIX
10 NGN
370.6 PHNIX
Exchange 10 NGN for 370.6 PHNIX
50 NGN
1,853.02 PHNIX
Exchange 50 NGN for 1,853.02 PHNIX
100 NGN
3,706.04 PHNIX
Exchange 100 NGN for 3,706.04 PHNIX
200 NGN
7,412.08 PHNIX
Exchange 200 NGN for 7,412.08 PHNIX
500 NGN
18,530.2 PHNIX
Exchange 500 NGN for 18,530.2 PHNIX
1000 NGN
37,060.41 PHNIX
Exchange 1000 NGN for 37,060.41 PHNIX
2000 NGN
74,120.81 PHNIX
Exchange 2000 NGN for 74,120.81 PHNIX
5000 NGN
185,302.04 PHNIX
Exchange 5000 NGN for 185,302.04 PHNIX
10000 NGN
370,604.07 PHNIX
Exchange 10000 NGN for 370,604.07 PHNIX
50000 NGN
1,853,020.36 PHNIX
Exchange 50000 NGN for 1,853,020.36 PHNIX
100000 NGN
3,706,040.72 PHNIX
Exchange 100000 NGN for 3,706,040.72 PHNIX
In the table above, you'll find a comprehensive NGN to PHNIX converter that shows the value of Nigerian Naira in Phoenix across commonly used conversion amounts. The list covers conversions from 1 NGN to PHNIX, all the way up to 100000 NGN, providing a clear view of their respective values.

PHNIX to NGN chart

PHNIX/NGN: 1 PHNIX = 0.02698 NGN; 2025/08/30 07:11:31
In the past 1D, Phoenix has changed -2.24% to NGN. Based on the trend and price charts, Phoenix(PHNIX) has changed -2.24% to NGN while Nigerian Naira(NGN) has changed % to PHNIX in the last 24 hours.
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PHNIX to NGN conversion data: Volatility and price changes of Phoenix in NGN

The highest Phoenix price in NGN over the past 7 days was 0.03279 NGN while the lowest Phoenix price in NGN over the past 7 days was 0.02651 NGN. The relative change between the highs and lows in Phoenix price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PHNIX 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
0.02773 NGN
0.03279 NGN
0.04371 NGN
0.05352 NGN
Low
0.02586 NGN
0.02651 NGN
0.02586 NGN
0.01666 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-2.24%
-14.80%
-25.05%
+19.77%

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Buy PHNIX (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of PHNIX with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy PHNIX with USDT via Bitget spot market.
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Phoenix information

PHNIX to NGN market statistics

PHNIX/NGN:
₦0.02698
PHNIX 24h volume:
₦1,538,074,312.63
PHNIX market cap:
₦14,300,951,269.16
PHNIX circulating supply:
530.00B PHNIX

Current PHNIX to NGN exchange rate

Phoenix to Nigerian Naira is falling this week.
Phoenix's current market price is ₦0.02698 per PHNIX, with a total market cap of ₦14,300,951,269.16 NGN based on a circulating supply of 529,999,100,000 PHNIX. The trading volume of Phoenix has changed by +47.02% (₦491,899,052.98 NGN) in the last 24 hours. Last trading day, PHNIX's trading volume was ₦1,046,175,259.64.

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

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How to convert PHNIX to NGN

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PHNIX to NGN Conversion tables

The exchange rate of Phoenix is decreasing.
The exchange rate of 1 PHNIX to Nigerian Naira has changed by -14.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.24%, reaching a high of 0.02773 NGN and a low of 0.02586 NGN . One month ago, the value of 1 PHNIX was ₦0.03595 NGN , which represents a -25.05% change from its current value. Over the last year, Phoenix has changed by
+
0.02673NGN
, resulting in a change of -15.14% in its value.
24 hours ago1 month ago1 year ago
Amount 07:11 am today 24 hours ago 24h change
0.5 PHNIX
₦0.01349₦0.01380
-2.24%
1 PHNIX
₦0.02698₦0.02760
-2.24%
5 PHNIX
₦0.1349₦0.1380
-2.24%
10 PHNIX
₦0.2698₦0.2760
-2.24%
50 PHNIX
₦1.35₦1.38
-2.24%
100 PHNIX
₦2.7₦2.76
-2.24%
500 PHNIX
₦13.49₦13.8
-2.24%
1000 PHNIX
₦26.98₦27.6
-2.24%

PHNIX to NGN FAQ

How much is 1 Phoenix in NGN?
Right now, the price of 1 Phoenix (PHNIX) in Nigerian Naira (NGN) is ₦0.02698.
How much PHNIX can I buy for 1 NGN?
Based on the current exchange rate, you can get 37.06 PHNIX for 1 NGN.
How do I calculate or convert PHNIX to NGN?
You can use our PHNIX to NGN calculator at the top of this page to convert any amount of PHNIX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 185.3 PHNIX, while 5 PHNIX will cost around 0.1349NGN.
What is the highest price of PHNIX/NGN in history?
The all-time high price of 1 PHNIX in NGN is ₦0.2060. It remains to be seen if the value of 1 PHNIX/NGN will exceed the current all-time high.
What is the price trend of Phoenix in NGN?
Over the past 7 days, the exchange rate of Phoenix (PHNIX) has gone down by 14.80%.   Over the last month, the exchange rate of Phoenix (PHNIX) has gone down by 25.05% against Nigerian Naira (NGN).

What factors influence the conversion rate of PHNIX to NGN?

There are many factors that affect the relationship between Phoenix 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 PHNIX/NGN. When there is positive news in the market about the widespread adoption of PHNIX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PHNIX/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PHNIX/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 PHNIX/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 Phoenix 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 Phoenix currency pairs: PHNIX to US Dollar (USD), PHNIX to Euro (EUR), PHNIX to Pound Sterling (GBP), PHNIX to Canadian Dollar (CAD), PHNIX to Indian Rupee (INR), PHNIX to Pakistani Rupee (PKR), PHNIX to Brazilian Real (BRL), PHNIX to…
The price of Phoenix in the US is $0.{4}1754 USD. Additionally, Phoenix’s price is €0.{4}1501 EUR in the eurozone, £0.{4}1298 GBP in the UK, C$0.{4}2411 CAD in Canada, ₹0.001546 INR in India, ₨0.004941 PKR in Pakistan, R$0.{4}9524 BRL in Brazil, and more.
The most popular Phoenix currency pair is the PHNIX to Nigerian Naira(NGN). The price of 1 Phoenix (PHNIX) in Nigerian Naira (NGN) is ₦0.02698.

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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.