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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.89%
New listings on Bitget: Pi Network
BTC/USDT$83692.43 (-1.84%)Fear and Greed Index29(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow +$38.2M (1D); -$668.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.89%
New listings on Bitget: Pi Network
BTC/USDT$83692.43 (-1.84%)Fear and Greed Index29(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow +$38.2M (1D); -$668.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
SOPH
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of SophiaVerse(SOPH) to Belarusian Ruble(NGN). This is the real-time data. The current conversion shows 1 SOPH at a value of 1 SOPH for 5.93 NGN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
NGN information
About Belarusian Ruble (BYN)
The Belarusian Ruble (BYN), the official currency of Belarus, is a symbol of the nation’s economic journey and resilience. It is commonly abbreviated as BYN and represented by the symbol Br. With its complex history and pivotal role in Belarus's economy, the Ruble offers a unique insight into the challenges and triumphs of this Eastern European country.
Historical Background
The Belarusian Ruble was introduced shortly after the country gained independence following the dissolution of the Soviet Union in 1991. This change marked a significant moment in Belarus’s history, as the nation sought to establish its own identity and economic autonomy. The early years of the Ruble were marked by hyperinflation and economic instability, mirroring the tumultuous transition from a Soviet republic to an independent state.
Design and Symbolism
The design of the Belarusian Ruble reflects the country’s cultural heritage and national identity. The notes and coins feature prominent historical figures, landmarks, and national symbols. For instance, the Mir Castle and the Nesvizh Castle, both UNESCO World Heritage Sites, are depicted on certain denominations, symbolizing Belarus's rich historical legacy. These designs serve not just as monetary instruments but also as a reminder of the nation's past and its cultural richness.
Economic Role and Value
The Ruble plays a crucial role in the Belarusian economy, facilitating trade and investment within the country. Over the years, the government and the National Bank of Belarus have implemented various reforms to stabilize the currency and control inflation. These efforts have been critical in building confidence in the Ruble and ensuring its functionality as a reliable medium of exchange.
Monetary Reforms and Redenomination
Belarus has undergone several redenominations of its currency, a response to historical periods of high inflation. The most recent redenomination in 2016 aimed to simplify transactions and restore public confidence in the national currency. This move was also part of broader economic reforms intended to stabilize and modernize the Belarusian economy.
Bitget crypto-to-fiat exchange data shows that the most popular SophiaVerse currency pair is the SOPH to NGN, with for SophiaVerse's currency code being SOPH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.
SOPH to NGN conversion rate trend
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In the past 1D, SophiaVerse has changed +2.69% to NGN. Based on the trend and price charts, SophiaVerse(SOPH) has changed +2.69% to NGN while Belarusian Ruble(NGN) has changed % to SOPH in the last 24 hours.
SOPH to NGN market statistics
SOPH/NGN:
₦ 5.93
SOPH 24h volume:
₦ 41,088,420.4
SOPH market cap:
--
SOPH circulating supply:
0 SOPH
More info about SophiaVerse on Bitget
Current SOPH to NGN exchange rate
SophiaVerse to Belarusian Ruble is rising this week.SophiaVerse's current market price is ₦ 5.93 per SOPH, with a total market cap of ₦ 0 NGN based on a circulating supply of -- SOPH. The trading volume of SophiaVerse has changed by -58.94% (₦ -58,991,277.18 NGN) in the last 24 hours. Last trading day, SOPH's trading volume was ₦ 100,079,697.58.
SOPH to NGN Conversion tables
The exchange rate of SophiaVerse is decreasing.1 SOPH is currently valued at ₦ 5.93 NGN , which means buying 5 SOPH will cost ₦ 29.64 NGN . Similarly, ₦1 NGN can be traded for 0.1687 SOPH, and ₦50 NGN can be converted to 8.43 SOPH, excluding any platform or gas fees.
The exchange rate of 1 SOPH to Belarusian Ruble has changed by +3.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.69%, reaching a high of 5.98 NGN and a low of 5.76 NGN . One month ago, the value of 1 SOPH was ₦ 7.53 NGN , which represents a -21.33% change from its current value. Over the last year, SophiaVerse has changed by , resulting in a change of -94.13% in its value.
-₦
94.87NGNSOPH to NGN
Amount
03:52 am today
0.5 SOPH
₦2.96
1 SOPH
₦5.93
5 SOPH
₦29.64
10 SOPH
₦59.28
50 SOPH
₦296.42
100 SOPH
₦592.84
500 SOPH
₦2,964.19
1000 SOPH
₦5,928.39
NGN to SOPH
Amount03:52 am today
0.5NGN0.08434 SOPH
1NGN0.1687 SOPH
5NGN0.8434 SOPH
10NGN1.69 SOPH
50NGN8.43 SOPH
100NGN16.87 SOPH
500NGN84.34 SOPH
1000NGN168.68 SOPH
SOPH to NGN Today vs. 24 hours ago
| Amount | 03:52 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOPH | ₦2.96 | ₦2.89 | +2.69% |
| 1 SOPH | ₦5.93 | ₦5.77 | +2.69% |
| 5 SOPH | ₦29.64 | ₦28.87 | +2.69% |
| 10 SOPH | ₦59.28 | ₦57.74 | +2.69% |
| 50 SOPH | ₦296.42 | ₦288.68 | +2.69% |
| 100 SOPH | ₦592.84 | ₦577.36 | +2.69% |
| 500 SOPH | ₦2,964.19 | ₦2,886.79 | +2.69% |
| 1000 SOPH | ₦5,928.39 | ₦5,773.58 | +2.69% |
SOPH to NGN Today vs. 1 month ago
| Amount | 03:52 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOPH | ₦2.96 | ₦3.77 | -21.33% |
| 1 SOPH | ₦5.93 | ₦7.53 | -21.33% |
| 5 SOPH | ₦29.64 | ₦37.67 | -21.33% |
| 10 SOPH | ₦59.28 | ₦75.33 | -21.33% |
| 50 SOPH | ₦296.42 | ₦376.66 | -21.33% |
| 100 SOPH | ₦592.84 | ₦753.31 | -21.33% |
| 500 SOPH | ₦2,964.19 | ₦3,766.56 | -21.33% |
| 1000 SOPH | ₦5,928.39 | ₦7,533.12 | -21.33% |
SOPH to NGN Today vs. 1 year ago
| Amount | 03:52 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOPH | ₦2.96 | ₦50.4 | -94.13% |
| 1 SOPH | ₦5.93 | ₦100.79 | -94.13% |
| 5 SOPH | ₦29.64 | ₦503.97 | -94.13% |
| 10 SOPH | ₦59.28 | ₦1,007.94 | -94.13% |
| 50 SOPH | ₦296.42 | ₦5,039.72 | -94.13% |
| 100 SOPH | ₦592.84 | ₦10,079.44 | -94.13% |
| 500 SOPH | ₦2,964.19 | ₦50,397.2 | -94.13% |
| 1000 SOPH | ₦5,928.39 | ₦100,794.4 | -94.13% |
How to convert SOPH to NGN
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Learn moreBuy SOPH (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of SOPH with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy SOPH with USDT via Bitget spot market.
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Sell SOPH (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading currently does not support direct selling of SOPH to NGN. However, you can first exchange SOPH for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of SOPH to NGN?
There are many factors that affect the relationship between SophiaVerse 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 SOPH/NGN. When there is positive news in the market about the widespread adoption of SOPH or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOPH/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOPH/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.
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 SOPH/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 SophiaVerse and adjust their investment strategies accordingly in the evolving market.
SophiaVerse price prediction
What will the price of SOPH be in 2026?
Based on SOPH's historical price performance prediction model, the price of SOPH is projected to reach $0.004949 in 2026.
What will the price of SOPH be in 2031?
In 2031, the SOPH price is expected to change by +37.00%. By the end of 2031, the SOPH price is projected to reach $0.009250, with a cumulative ROI of +156.24%.
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Popular SophiaVerse Converter
Check out these popular currency conversions of SophiaVerse to several fiat currencies.
SOPH to TWD
1 SOPH to NT$ 0.1201 TWD
SOPH to CNY
1 SOPH to ¥ 0.02707 CNY
SOPH to USD
1 SOPH to $ 0.003694 USD
SOPH to EUR
1 SOPH to € 0.003263 EUR
SOPH to CAD
1 SOPH to $ 0.005153 CAD
SOPH to KRW
1 SOPH to ₩ 5.28 KRW
SOPH to JPY
1 SOPH to ¥ 0.5272 JPY
SOPH to GBP
1 SOPH to £ 0.002788 GBP
SOPH to BYN
1 SOPH to Br 0.01210 BYN
SOPH to BRL
1 SOPH to R$ 0.02176 BRL
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Explore other cryptocurrencies based on your interest in SophiaVerse.
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1 PROS to ₦ 59.37 NGN
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1 GFI to ₦ 1,192.85 NGN
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1 GAS to ₦ 6,029.71 NGN
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1 SNT to ₦ 41.82 NGN
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1 MOVE to ₦ 428.63 NGN
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1 CSPR to ₦ 14.63 NGN
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between SophiaVerse and NGN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as SophiaVerse and NGN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of SophiaVerse in NGN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
