Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

QI to NGN Converter and calculator

QI/NGN: 1 QI = 13.11 NGN. The price of converting 1 BENQI (QI) to Nigerian Naira (NGN) is 13.11 NGN today.
QI
QI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides QI to NGN real-time exchange rates, making it easy to convert BENQI (QI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 QI is currently valued at 13.11 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 QI is currently valued at 13.11 NGN, which means buying 5 QI would cost 65.56 NGN. Similarly, ₦1 NGN can be converted to 0.07627 QI, and ₦50 NGN can be converted to 0.3813 QI, excluding any platform or gas fees.

Convert QI to NGN

Convert NGN to QI

BENQI
Nigerian Naira
1000 QI
13,111.44  NGN
5000 QI
65,557.18  NGN
10000 QI
131,114.36  NGN
In the table above, you'll find a comprehensive QI to NGN converter that shows the value of BENQI in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 QI to NGN, all the way up to 10000 QI, providing a clear view of their respective values.
In the table above, you'll find a comprehensive NGN to QI converter that shows the value of Nigerian Naira in BENQI across commonly used conversion amounts. The list covers conversions from 1 NGN to QI, all the way up to 100000 NGN, providing a clear view of their respective values.

QI to NGN chart

QI/NGN: 1 QI = 13.11 NGN; 2025/05/03 19:12:06
In the past 1D, BENQI has changed -3.30% to NGN. Based on the trend and price charts, BENQI(QI) has changed -3.30% to NGN while Nigerian Naira(NGN) has changed % to QI in the last 24 hours.
1D7D1M3M1YAll

QI to NGN conversion data: Volatility and price changes of BENQI in NGN

The highest BENQI price in NGN over the past 7 days was 14.48 NGN while the lowest BENQI price in NGN over the past 7 days was 13.05 NGN. The relative change between the highs and lows in BENQI price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and QI to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
13.59 NGN
14.48 NGN
14.75 NGN
21.62 NGN
Low
13.05 NGN
13.05 NGN
10.57 NGN
10.52 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-3.30%
-7.62%
+15.31%
-26.19%

BENQI information

QI to NGN market statistics

QI/NGN:
₦13.11
QI 24h volume:
₦2,181,426,356.34
QI market cap:
₦87,659,378,310.83
QI circulating supply:
6.69B QI

Current QI to NGN exchange rate

BENQI to Nigerian Naira is falling this week.
BENQI's current market price is ₦13.11 per QI, with a total market cap of ₦87,659,378,310.83 NGN based on a circulating supply of 6,685,719,600 QI. The trading volume of BENQI has changed by -27.07% (₦-809,611,000.79 NGN) in the last 24 hours. Last trading day, QI's trading volume was ₦2,991,037,357.14.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 96264.37 USD
popular info ethereum
ETH to USD
1 ETH to 1827.35 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 147.01 USD
popular info bitcoin
BTC to EUR
1 BTC to 85165.09 EUR
popular info bitcoin
BTC to GBP
1 BTC to 72554.46 GBP
popular info bitcoin
BTC to CAD
1 BTC to 133037.36 CAD
popular info bitcoin
BTC to BRL
1 BTC to 544827.45 BRL
popular info bitcoin
BTC to INR
1 BTC to 8146901.77 INR
popular info pi-network
PI to INR
1 PI to 49.75 INR

Hot promotions

How to convert QI to NGN

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert QI to NGN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy QI (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of QI with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy QI with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular BENQI Converter

popular info New Taiwan dollar
QI to TWD
1 QI to NT$0.2511 TWD
popular info Chinese Yuan
QI to CNY
1 QI to ¥0.05925 CNY
popular info United States Dollar
QI to USD
1 QI to $0.008176 USD
popular info Euro
QI to EUR
1 QI to €0.007233 EUR
popular info Canadian Dollar
QI to CAD
1 QI to C$0.01130 CAD
popular info Nigerian Naira
QI to NGN
1 QI to ₦13.11 NGN
popular info South Korean Won
QI to KRW
1 QI to ₩11.44 KRW
popular info Japanese Yen
QI to JPY
1 QI to ¥1.18 JPY
popular info Pound Sterling
QI to GBP
1 QI to £0.006162 GBP
popular info Brazilian Real
QI to BRL
1 QI to R$0.04627 BRL

Popular cryptocurrencies to NGN

other assets Aergo
AERGO to NGN
1 AERGO to ₦341.1 NGN
other assets New XAI gork
gork to NGN
1 gork to ₦77.26 NGN
other assets Sign
SIGN to NGN
1 SIGN to ₦151.6 NGN
other assets ArbDoge AI
AIDOGE to NGN
1 AIDOGE to ₦0.{6}2689 NGN
other assets Biswap
BSW to NGN
1 BSW to ₦67.92 NGN
other assets Flare
FLR to NGN
1 FLR to ₦29.8 NGN
other assets AVA (Travala)
AVA to NGN
1 AVA to ₦1,100.05 NGN
other assets Fellaz
FLZ to NGN
1 FLZ to ₦3,810.79 NGN
other assets Voxies
VOXEL to NGN
1 VOXEL to ₦159.43 NGN
other assets Tottenham Hotspur Fan Token
SPURS to NGN
1 SPURS to ₦1,205.18 NGN

QI to NGN Conversion tables

The exchange rate of BENQI is increasing.
The exchange rate of 1 QI to Nigerian Naira has changed by -7.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.30%, reaching a high of 13.59 NGN and a low of 13.05 NGN . One month ago, the value of 1 QI was ₦11.37 NGN , which represents a +15.31% change from its current value. Over the last year, BENQI has changed by
-
12.02NGN
, resulting in a change of -47.84% in its value.
24 hours ago1 month ago1 year ago
Amount19:12 today24 hours ago24h change
0.5 QI₦6.56₦6.78
-3.30%
1 QI₦13.11₦13.56
-3.30%
5 QI₦65.56₦67.8
-3.30%
10 QI₦131.11₦135.59
-3.30%
50 QI₦655.57₦677.96
-3.30%
100 QI₦1,311.14₦1,355.92
-3.30%
500 QI₦6,555.72₦6,779.58
-3.30%
1000 QI₦13,111.44₦13,559.15
-3.30%

QI to NGN FAQ

How much is 1 BENQI in NGN?
Right now, the price of 1 BENQI (QI) in Nigerian Naira (NGN) is ₦13.11.
How much QI can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.07627 QI for 1 NGN.
How do I calculate or convert QI to NGN?
You can use our QI to NGN calculator at the top of this page to convert any amount of QI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.3813 QI, while 5 QI will cost around 65.56NGN.
What is the highest price of QI/NGN in history?
The all-time high price of 1 QI in NGN is ₦654.4. It remains to be seen if the value of 1 QI/NGN will exceed the current all-time high.
What is the price trend of BENQI in NGN?
Over the past 7 days, the exchange rate of BENQI (QI) has gone down by 7.62%.   Over the last month, the exchange rate of BENQI (QI) has gone up by 15.31% against Nigerian Naira (NGN).

What factors influence the conversion rate of QI to NGN?

There are many factors that affect the relationship between BENQI 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 QI/NGN. When there is positive news in the market about the widespread adoption of QI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of QI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in QI/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 QI/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 BENQI and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.