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NABOX to NGN Converter and calculator

NABOX/NGN: 1 NABOX = 0.002972 NGN. The price of converting 1 Nabox (NABOX) to Nigerian Naira (NGN) is 0.002972 NGN today.
NABOX
NABOX
NGN
Last updated as of 2025/05/04 06:41:05 (UTC+0)Refreshrefresh
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Bitget converter provides NABOX to NGN real-time exchange rates, making it easy to convert Nabox (NABOX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 NABOX is currently valued at 0.00 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NABOX is currently valued at 0.00 NGN, which means buying 5 NABOX would cost 0.01 NGN. Similarly, ₦1 NGN can be converted to 336.52 NABOX, and ₦50 NGN can be converted to 1,682.58 NABOX, excluding any platform or gas fees.

Convert NABOX to NGN

Convert NGN to NABOX

Nabox
Nigerian Naira
1 NABOX
0.002972  NGN
2 NABOX
0.005943  NGN
10 NABOX
0.02972  NGN
20 NABOX
0.05943  NGN
100 NABOX
0.2972  NGN
200 NABOX
0.5943  NGN
5000 NABOX
14.86  NGN
10000 NABOX
29.72  NGN
In the table above, you'll find a comprehensive NABOX to NGN converter that shows the value of Nabox in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 NABOX to NGN, all the way up to 10000 NABOX, providing a clear view of their respective values.
Nigerian Naira
Nabox
100 NGN
33,651.69 NABOX
200 NGN
67,303.37 NABOX
500 NGN
168,258.43 NABOX
1000 NGN
336,516.86 NABOX
2000 NGN
673,033.72 NABOX
5000 NGN
1,682,584.31 NABOX
10000 NGN
3,365,168.61 NABOX
50000 NGN
16,825,843.06 NABOX
100000 NGN
33,651,686.11 NABOX
In the table above, you'll find a comprehensive NGN to NABOX converter that shows the value of Nigerian Naira in Nabox across commonly used conversion amounts. The list covers conversions from 1 NGN to NABOX, all the way up to 100000 NGN, providing a clear view of their respective values.

NABOX to NGN chart

NABOX/NGN: 1 NABOX = 0.002972 NGN; 2025/05/04 06:41:03
In the past 1D, Nabox has changed -9.11% to NGN. Based on the trend and price charts, Nabox(NABOX) has changed -9.11% to NGN while Nigerian Naira(NGN) has changed +10.03% to NABOX in the last 24 hours.
1D7D1M3M1YAll
Live Nabox (NABOX) price chart
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NABOX to NGN conversion data: Volatility and price changes of Nabox in NGN

The highest Nabox price in NGN over the past 7 days was 0.004300 NGN while the lowest Nabox price in NGN over the past 7 days was 0.002972 NGN. The relative change between the highs and lows in Nabox price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and NABOX 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
0.003281 NGN
0.004300 NGN
0.008814 NGN
0.008814 NGN
Low
0.002972 NGN
0.002972 NGN
0.002522 NGN
0.002522 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-9.11%
-15.11%
-53.26%
-41.86%

Nabox information

NABOX to NGN market statistics

NABOX/NGN:
₦0.002972
NABOX 24h volume:
₦98,197.15
NABOX market cap:
₦619,921,660.8
NABOX circulating supply:
208.61B NABOX

Current NABOX to NGN exchange rate

Nabox to Nigerian Naira is falling this week.
Nabox's current market price is ₦0.002972 per NABOX, with a total market cap of ₦619,921,660.8 NGN based on a circulating supply of 208,614,100,000 NABOX. The trading volume of Nabox has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, NABOX's trading volume was ₦98,197.15.

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

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How to convert NABOX to NGN

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

The exchange rate of Nabox is decreasing.
The exchange rate of 1 NABOX to Nigerian Naira has changed by -15.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.11%, reaching a high of 0.003281 NGN and a low of 0.002972 NGN . One month ago, the value of 1 NABOX was ₦0.006357 NGN , which represents a -53.26% change from its current value. Over the last year, Nabox has changed by
-
0.01043NGN
, resulting in a change of -77.82% in its value.
24 hours ago1 month ago1 year ago
Amount06:41 am today24 hours ago24h change
0.5 NABOX₦0.001486₦0.001635
-9.11%
1 NABOX₦0.002972₦0.003270
-9.11%
5 NABOX₦0.01486₦0.01635
-9.11%
10 NABOX₦0.02972₦0.03270
-9.11%
50 NABOX₦0.1486₦0.1635
-9.11%
100 NABOX₦0.2972₦0.3270
-9.11%
500 NABOX₦1.49₦1.63
-9.11%
1000 NABOX₦2.97₦3.27
-9.11%

NABOX to NGN FAQ

How much is 1 Nabox in NGN?
Right now, the price of 1 Nabox (NABOX) in Nigerian Naira (NGN) is ₦0.002972.
How much NABOX can I buy for 1 NGN?
Based on the current exchange rate, you can get 336.52 NABOX for 1 NGN.
How do I calculate or convert NABOX to NGN?
You can use our NABOX to NGN calculator at the top of this page to convert any amount of NABOX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 1,682.58 NABOX, while 5 NABOX will cost around 0.01486NGN.
What is the highest price of NABOX/NGN in history?
The all-time high price of 1 NABOX in NGN is ₦0.6027. It remains to be seen if the value of 1 NABOX/NGN will exceed the current all-time high.
What is the price trend of Nabox in NGN?
Over the past 7 days, the exchange rate of Nabox (NABOX) has gone down by 15.11%.   Over the last month, the exchange rate of Nabox (NABOX) has gone down by 53.26% against Nigerian Naira (NGN).

What factors influence the conversion rate of NABOX to NGN?

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

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