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SBR to NGN Converter and calculator

SBR/NGN: 1 SBR = 84.31 NGN. The price of converting 1 STRATEGIC BITCOIN RESERVE (SBR) to Nigerian Naira (NGN) is 84.31 NGN today.
SBR
SBR
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SBR to NGN real-time exchange rates, making it easy to convert STRATEGIC BITCOIN RESERVE (SBR) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SBR is currently valued at 84.31 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SBR is currently valued at 84.31 NGN, which means buying 5 SBR would cost 421.53 NGN. Similarly, ₦1 NGN can be converted to 0.01186 SBR, and ₦50 NGN can be converted to 0.05931 SBR, excluding any platform or gas fees.

Convert SBR to NGN

Convert NGN to SBR

STRATEGIC BITCOIN RESERVE
Nigerian Naira
1 SBR
84.31  NGN
Exchange 1 SBR for 84.31 NGN
2 SBR
168.61  NGN
Exchange 2 SBR for 168.61 NGN
5 SBR
421.53  NGN
Exchange 5 SBR for 421.53 NGN
10 SBR
843.05  NGN
Exchange 10 SBR for 843.05 NGN
20 SBR
1,686.11  NGN
Exchange 20 SBR for 1,686.11 NGN
50 SBR
4,215.27  NGN
Exchange 50 SBR for 4,215.27 NGN
100 SBR
8,430.54  NGN
Exchange 100 SBR for 8,430.54 NGN
200 SBR
16,861.07  NGN
Exchange 200 SBR for 16,861.07 NGN
500 SBR
42,152.69  NGN
Exchange 500 SBR for 42,152.69 NGN
1000 SBR
84,305.37  NGN
Exchange 1000 SBR for 84,305.37 NGN
5000 SBR
421,526.87  NGN
Exchange 5000 SBR for 421,526.87 NGN
10000 SBR
843,053.73  NGN
Exchange 10000 SBR for 843,053.73 NGN
In the table above, you'll find a comprehensive SBR to NGN converter that shows the value of STRATEGIC BITCOIN RESERVE in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SBR to NGN, all the way up to 10000 SBR, providing a clear view of their respective values.
Nigerian Naira
STRATEGIC BITCOIN RESERVE
1 NGN
0.01186 SBR
Exchange 1 NGN for 0.01186 SBR
10 NGN
0.1186 SBR
Exchange 10 NGN for 0.1186 SBR
50 NGN
0.5931 SBR
Exchange 50 NGN for 0.5931 SBR
100 NGN
1.19 SBR
Exchange 100 NGN for 1.19 SBR
200 NGN
2.37 SBR
Exchange 200 NGN for 2.37 SBR
500 NGN
5.93 SBR
Exchange 500 NGN for 5.93 SBR
1000 NGN
11.86 SBR
Exchange 1000 NGN for 11.86 SBR
2000 NGN
23.72 SBR
Exchange 2000 NGN for 23.72 SBR
5000 NGN
59.31 SBR
Exchange 5000 NGN for 59.31 SBR
10000 NGN
118.62 SBR
Exchange 10000 NGN for 118.62 SBR
50000 NGN
593.08 SBR
Exchange 50000 NGN for 593.08 SBR
100000 NGN
1,186.16 SBR
Exchange 100000 NGN for 1,186.16 SBR
In the table above, you'll find a comprehensive NGN to SBR converter that shows the value of Nigerian Naira in STRATEGIC BITCOIN RESERVE across commonly used conversion amounts. The list covers conversions from 1 NGN to SBR, all the way up to 100000 NGN, providing a clear view of their respective values.

SBR to NGN chart

SBR/NGN: 1 SBR = 84.31 NGN; 2025/08/30 12:12:26
In the past 1D, STRATEGIC BITCOIN RESERVE has changed +1.59% to NGN. Based on the trend and price charts, STRATEGIC BITCOIN RESERVE(SBR) has changed +1.59% to NGN while Nigerian Naira(NGN) has changed % to SBR in the last 24 hours.
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SBR to NGN conversion data: Volatility and price changes of STRATEGIC BITCOIN RESERVE in NGN

The highest STRATEGIC BITCOIN RESERVE price in NGN over the past 7 days was 93.64 NGN while the lowest STRATEGIC BITCOIN RESERVE price in NGN over the past 7 days was 78.82 NGN. The relative change between the highs and lows in STRATEGIC BITCOIN RESERVE price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SBR 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
84.98 NGN
93.64 NGN
138.47 NGN
183.27 NGN
Low
82.33 NGN
78.82 NGN
67.83 NGN
40.87 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.59%
-4.90%
-33.94%
-14.09%

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STRATEGIC BITCOIN RESERVE information

SBR to NGN market statistics

SBR/NGN:
₦84.31
SBR 24h volume:
₦574,284,510.35
SBR market cap:
--
SBR circulating supply:
0 SBR

Current SBR to NGN exchange rate

STRATEGIC BITCOIN RESERVE to Nigerian Naira is falling this week.
STRATEGIC BITCOIN RESERVE's current market price is ₦84.31 per SBR, with a total market cap of ₦0 NGN based on a circulating supply of -- SBR. The trading volume of STRATEGIC BITCOIN RESERVE has changed by -3.33% (₦-19,809,469.67 NGN) in the last 24 hours. Last trading day, SBR's trading volume was ₦594,093,980.02.

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

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SBR to NGN Conversion tables

The exchange rate of STRATEGIC BITCOIN RESERVE is decreasing.
The exchange rate of 1 SBR to Nigerian Naira has changed by -4.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.59%, reaching a high of 84.98 NGN and a low of 82.33 NGN . One month ago, the value of 1 SBR was ₦127.88 NGN , which represents a -33.94% change from its current value. Over the last year, STRATEGIC BITCOIN RESERVE has changed by
-
369.44NGN
, resulting in a change of -81.33% in its value.
24 hours ago1 month ago1 year ago
Amount 12:12 today 24 hours ago 24h change
0.5 SBR
₦42.15₦41.49
+1.59%
1 SBR
₦84.31₦82.98
+1.59%
5 SBR
₦421.53₦414.91
+1.59%
10 SBR
₦843.05₦829.82
+1.59%
50 SBR
₦4,215.27₦4,149.1
+1.59%
100 SBR
₦8,430.54₦8,298.2
+1.59%
500 SBR
₦42,152.69₦41,491
+1.59%
1000 SBR
₦84,305.37₦82,981.99
+1.59%

SBR to NGN FAQ

How much is 1 STRATEGIC BITCOIN RESERVE in NGN?
Right now, the price of 1 STRATEGIC BITCOIN RESERVE (SBR) in Nigerian Naira (NGN) is ₦84.31.
How much SBR can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.01186 SBR for 1 NGN.
How do I calculate or convert SBR to NGN?
You can use our SBR to NGN calculator at the top of this page to convert any amount of SBR to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.05931 SBR, while 5 SBR will cost around 421.53NGN.
What is the highest price of SBR/NGN in history?
The all-time high price of 1 SBR in NGN is ₦6,630.17. It remains to be seen if the value of 1 SBR/NGN will exceed the current all-time high.
What is the price trend of STRATEGIC BITCOIN RESERVE in NGN?
Over the past 7 days, the exchange rate of STRATEGIC BITCOIN RESERVE (SBR) has gone down by 4.90%.   Over the last month, the exchange rate of STRATEGIC BITCOIN RESERVE (SBR) has gone down by 33.94% against Nigerian Naira (NGN).

What factors influence the conversion rate of SBR to NGN?

There are many factors that affect the relationship between STRATEGIC BITCOIN 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 SBR/NGN. When there is positive news in the market about the widespread adoption of SBR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SBR/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SBR/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 SBR/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 STRATEGIC BITCOIN 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 STRATEGIC BITCOIN RESERVE currency pairs: SBR to US Dollar (USD), SBR to Euro (EUR), SBR to Pound Sterling (GBP), SBR to Canadian Dollar (CAD), SBR to Indian Rupee (INR), SBR to Pakistani Rupee (PKR), SBR to Brazilian Real (BRL), SBR to…
The price of STRATEGIC BITCOIN RESERVE in the US is $0.05479 USD. Additionally, STRATEGIC BITCOIN RESERVE’s price is €0.04688 EUR in the eurozone, £0.04057 GBP in the UK, C$0.07533 CAD in Canada, ₹4.83 INR in India, ₨15.44 PKR in Pakistan, R$0.2976 BRL in Brazil, and more.
The most popular STRATEGIC BITCOIN RESERVE currency pair is the SBR to Nigerian Naira(NGN). The price of 1 STRATEGIC BITCOIN RESERVE (SBR) in Nigerian Naira (NGN) is ₦84.31.

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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.