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vDAI to NGN Converter and calculator

vDAI/NGN: 1 vDAI = 38.93 NGN. The price of converting 1 Venus DAI (vDAI) to Nigerian Naira (NGN) is 38.93 NGN today.
vDAI
vDAI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides vDAI to NGN real-time exchange rates, making it easy to convert Venus DAI (vDAI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 vDAI is currently valued at 38.93 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 vDAI is currently valued at 38.93 NGN, which means buying 5 vDAI would cost 194.63 NGN. Similarly, ₦1 NGN can be converted to 0.02569 vDAI, and ₦50 NGN can be converted to 0.1284 vDAI, excluding any platform or gas fees.

Convert vDAI to NGN

Convert NGN to vDAI

Venus DAI
Nigerian Naira
1 vDAI
38.93  NGN
Exchange 1 vDAI for 38.93 NGN
2 vDAI
77.85  NGN
Exchange 2 vDAI for 77.85 NGN
5 vDAI
194.63  NGN
Exchange 5 vDAI for 194.63 NGN
10 vDAI
389.26  NGN
Exchange 10 vDAI for 389.26 NGN
20 vDAI
778.52  NGN
Exchange 20 vDAI for 778.52 NGN
50 vDAI
1,946.29  NGN
Exchange 50 vDAI for 1,946.29 NGN
100 vDAI
3,892.58  NGN
Exchange 100 vDAI for 3,892.58 NGN
200 vDAI
7,785.17  NGN
Exchange 200 vDAI for 7,785.17 NGN
500 vDAI
19,462.92  NGN
Exchange 500 vDAI for 19,462.92 NGN
1000 vDAI
38,925.84  NGN
Exchange 1000 vDAI for 38,925.84 NGN
5000 vDAI
194,629.18  NGN
Exchange 5000 vDAI for 194,629.18 NGN
10000 vDAI
389,258.36  NGN
Exchange 10000 vDAI for 389,258.36 NGN
In the table above, you'll find a comprehensive vDAI to NGN converter that shows the value of Venus DAI in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 vDAI to NGN, all the way up to 10000 vDAI, providing a clear view of their respective values.
Nigerian Naira
Venus DAI
1 NGN
0.02569 vDAI
Exchange 1 NGN for 0.02569 vDAI
10 NGN
0.2569 vDAI
Exchange 10 NGN for 0.2569 vDAI
50 NGN
1.28 vDAI
Exchange 50 NGN for 1.28 vDAI
100 NGN
2.57 vDAI
Exchange 100 NGN for 2.57 vDAI
200 NGN
5.14 vDAI
Exchange 200 NGN for 5.14 vDAI
500 NGN
12.84 vDAI
Exchange 500 NGN for 12.84 vDAI
1000 NGN
25.69 vDAI
Exchange 1000 NGN for 25.69 vDAI
2000 NGN
51.38 vDAI
Exchange 2000 NGN for 51.38 vDAI
5000 NGN
128.45 vDAI
Exchange 5000 NGN for 128.45 vDAI
10000 NGN
256.9 vDAI
Exchange 10000 NGN for 256.9 vDAI
50000 NGN
1,284.49 vDAI
Exchange 50000 NGN for 1,284.49 vDAI
100000 NGN
2,568.99 vDAI
Exchange 100000 NGN for 2,568.99 vDAI
In the table above, you'll find a comprehensive NGN to vDAI converter that shows the value of Nigerian Naira in Venus DAI across commonly used conversion amounts. The list covers conversions from 1 NGN to vDAI, all the way up to 100000 NGN, providing a clear view of their respective values.

vDAI to NGN chart

vDAI/NGN: 1 vDAI = 38.93 NGN; 2025/07/21 22:15:50
In the past 1D, Venus DAI has changed +0.00% to NGN. Based on the trend and price charts, Venus DAI(vDAI) has changed +0.00% to NGN while Nigerian Naira(NGN) has changed % to vDAI in the last 24 hours.
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vDAI to NGN conversion data: Volatility and price changes of Venus DAI in NGN

The highest Venus DAI price in NGN over the past 7 days was 38.83 NGN while the lowest Venus DAI price in NGN over the past 7 days was 38.78 NGN. The relative change between the highs and lows in Venus DAI price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and vDAI 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
38.83 NGN
38.83 NGN
38.83 NGN
38.83 NGN
Low
38.81 NGN
38.78 NGN
38.68 NGN
38.39 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.00%
+0.06%
+0.32%
+1.09%

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Venus DAI information

vDAI to NGN market statistics

vDAI/NGN:
₦38.93
vDAI 24h volume:
--
vDAI market cap:
₦10,686,606,672.38
vDAI circulating supply:
274.54M vDAI

Current vDAI to NGN exchange rate

Venus DAI to Nigerian Naira is rising this week.
Venus DAI's current market price is ₦38.93 per vDAI, with a total market cap of ₦10,686,606,672.38 NGN based on a circulating supply of 274,537,630 vDAI. The trading volume of Venus DAI has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, vDAI's trading volume was ₦0.

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

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How to convert vDAI to NGN

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vDAI to NGN Conversion tables

The exchange rate of Venus DAI is increasing.
The exchange rate of 1 vDAI to Nigerian Naira has changed by +0.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 38.83 NGN and a low of 38.81 NGN . One month ago, the value of 1 vDAI was ₦38.8 NGN , which represents a +0.32% change from its current value. Over the last year, Venus DAI has changed by
+
2.62NGN
, resulting in a change of +7.23% in its value.
24 hours ago1 month ago1 year ago
Amount 22:15 today 24 hours ago 24h change
0.5 vDAI
₦19.46₦19.46
+0.00%
1 vDAI
₦38.93₦38.93
+0.00%
5 vDAI
₦194.63₦194.63
+0.00%
10 vDAI
₦389.26₦389.26
+0.00%
50 vDAI
₦1,946.29₦1,946.29
+0.00%
100 vDAI
₦3,892.58₦3,892.57
+0.00%
500 vDAI
₦19,462.92₦19,462.85
+0.00%
1000 vDAI
₦38,925.84₦38,925.71
+0.00%

vDAI to NGN FAQ

How much is 1 Venus DAI in NGN?
Right now, the price of 1 Venus DAI (vDAI) in Nigerian Naira (NGN) is ₦38.93.
How much vDAI can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.02569 vDAI for 1 NGN.
How do I calculate or convert vDAI to NGN?
You can use our vDAI to NGN calculator at the top of this page to convert any amount of vDAI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.1284 vDAI, while 5 vDAI will cost around 194.63NGN.
What is the highest price of vDAI/NGN in history?
The all-time high price of 1 vDAI in NGN is ₦47.76. It remains to be seen if the value of 1 vDAI/NGN will exceed the current all-time high.
What is the price trend of Venus DAI in NGN?
Over the past 7 days, the exchange rate of Venus DAI (vDAI) has gone up by 0.06%.   Over the last month, the exchange rate of Venus DAI (vDAI) has gone up by 0.32% against Nigerian Naira (NGN).

What factors influence the conversion rate of vDAI to NGN?

There are many factors that affect the relationship between Venus DAI 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 vDAI/NGN. When there is positive news in the market about the widespread adoption of vDAI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of vDAI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in vDAI/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 vDAI/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 Venus DAI 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 Venus DAI currency pairs: vDAI to US Dollar (USD), vDAI to Euro (EUR), vDAI to Pound Sterling (GBP), vDAI to Canadian Dollar (CAD), vDAI to Indian Rupee (INR), vDAI to Pakistani Rupee (PKR), vDAI to Brazilian Real (BRL), vDAI to…
The price of Venus DAI in the US is $0.02543 USD. Additionally, Venus DAI’s price is €0.02174 EUR in the eurozone, £0.01885 GBP in the UK, C$0.03480 CAD in Canada, ₹2.19 INR in India, ₨7.25 PKR in Pakistan, R$0.1416 BRL in Brazil, and more.
The most popular Venus DAI currency pair is the vDAI to Nigerian Naira(NGN). The price of 1 Venus DAI (vDAI) in Nigerian Naira (NGN) is ₦38.93.

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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.