Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

KARRAT to NGN Converter and calculator

KARRAT/NGN: 1 KARRAT = 134.89 NGN. The price of converting 1 KARRAT (KARRAT) to Nigerian Naira (NGN) is 134.89 NGN today.
KARRAT
KARRAT
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides KARRAT to NGN real-time exchange rates, making it easy to convert KARRAT (KARRAT) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 KARRAT is currently valued at 134.89 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 KARRAT is currently valued at 134.89 NGN, which means buying 5 KARRAT would cost 674.45 NGN. Similarly, ₦1 NGN can be converted to 0.007413 KARRAT, and ₦50 NGN can be converted to 0.03707 KARRAT, excluding any platform or gas fees.

Convert KARRAT to NGN

Convert NGN to KARRAT

KARRAT
Nigerian Naira
10 KARRAT
1,348.89  NGN
20 KARRAT
2,697.78  NGN
50 KARRAT
6,744.46  NGN
100 KARRAT
13,488.91  NGN
200 KARRAT
26,977.82  NGN
500 KARRAT
67,444.55  NGN
1000 KARRAT
134,889.11  NGN
5000 KARRAT
674,445.53  NGN
10000 KARRAT
1,348,891.07  NGN
In the table above, you'll find a comprehensive KARRAT to NGN converter that shows the value of KARRAT in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 KARRAT to NGN, all the way up to 10000 KARRAT, providing a clear view of their respective values.
Nigerian Naira
KARRAT
50000 NGN
370.67 KARRAT
100000 NGN
741.35 KARRAT
In the table above, you'll find a comprehensive NGN to KARRAT converter that shows the value of Nigerian Naira in KARRAT across commonly used conversion amounts. The list covers conversions from 1 NGN to KARRAT, all the way up to 100000 NGN, providing a clear view of their respective values.

KARRAT to NGN chart

KARRAT/NGN: 1 KARRAT = 134.89 NGN; 2025/05/03 03:44:33
In the past 1D, KARRAT has changed +0.32% to NGN. Based on the trend and price charts, KARRAT(KARRAT) has changed +0.32% to NGN while Nigerian Naira(NGN) has changed % to KARRAT in the last 24 hours.
1D7D1M3M1YAll

KARRAT to NGN conversion data: Volatility and price changes of KARRAT in NGN

The highest KARRAT price in NGN over the past 7 days was 143.05 NGN while the lowest KARRAT price in NGN over the past 7 days was 110.29 NGN. The relative change between the highs and lows in KARRAT price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and KARRAT 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
138.06 NGN
143.05 NGN
152.39 NGN
424.71 NGN
Low
125.45 NGN
110.29 NGN
87.11 NGN
87.11 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.32%
+9.64%
+5.47%
-55.29%

KARRAT information

KARRAT to NGN market statistics

KARRAT/NGN:
₦134.89
KARRAT 24h volume:
₦2,223,071,540.73
KARRAT market cap:
₦41,179,038,569.49
KARRAT circulating supply:
305.28M KARRAT

Current KARRAT to NGN exchange rate

KARRAT to Nigerian Naira is rising this week.
KARRAT's current market price is ₦134.89 per KARRAT, with a total market cap of ₦41,179,038,569.49 NGN based on a circulating supply of 305,280,670 KARRAT. The trading volume of KARRAT has changed by -8.88% (₦-216,644,329.57 NGN) in the last 24 hours. Last trading day, KARRAT's trading volume was ₦2,439,715,870.3.

More info about KARRAT 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 KARRAT currency pair is the KARRAT to NGN, with for KARRAT's currency code being KARRAT. 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 97061.30 USD
popular info ethereum
ETH to USD
1 ETH to 1846.04 USD
popular info ripple
XRP to USD
1 XRP to 2.21 USD
popular info solana
SOL to USD
1 SOL to 147.54 USD
popular info bitcoin
BTC to EUR
1 BTC to 85870.13 EUR
popular info bitcoin
BTC to GBP
1 BTC to 73125.98 GBP
popular info bitcoin
BTC to CAD
1 BTC to 134138.72 CAD
popular info bitcoin
BTC to BRL
1 BTC to 549337.84 BRL
popular info bitcoin
BTC to INR
1 BTC to 8214346.35 INR
popular info pi-network
PI to INR
1 PI to 50.41 INR

Hot promotions

How to convert KARRAT 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 KARRAT to NGN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy KARRAT (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of KARRAT with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy KARRAT 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 KARRAT Converter

popular info New Taiwan dollar
KARRAT to TWD
1 KARRAT to NT$2.58 TWD
popular info Chinese Yuan
KARRAT to CNY
1 KARRAT to ¥0.6093 CNY
popular info United States Dollar
KARRAT to USD
1 KARRAT to $0.08411 USD
popular info Euro
KARRAT to EUR
1 KARRAT to €0.07441 EUR
popular info Canadian Dollar
KARRAT to CAD
1 KARRAT to C$0.1162 CAD
popular info Nigerian Naira
KARRAT to NGN
1 KARRAT to ₦134.89 NGN
popular info South Korean Won
KARRAT to KRW
1 KARRAT to ₩117.74 KRW
popular info Japanese Yen
KARRAT to JPY
1 KARRAT to ¥12.19 JPY
popular info Pound Sterling
KARRAT to GBP
1 KARRAT to £0.06337 GBP
popular info Brazilian Real
KARRAT to BRL
1 KARRAT to R$0.4760 BRL

Popular cryptocurrencies to NGN

other assets Hacken Token
HAI to NGN
1 HAI to ₦32 NGN
other assets StakeStone
STO to NGN
1 STO to ₦319.64 NGN
other assets Turbo
TURBO to NGN
1 TURBO to ₦8.7 NGN
other assets Pundi X (New)
PUNDIX to NGN
1 PUNDIX to ₦1,028.01 NGN
other assets Highstreet
HIGH to NGN
1 HIGH to ₦1,033.78 NGN
other assets Aergo
AERGO to NGN
1 AERGO to ₦303.9 NGN
other assets Bitcoin Cash
BCH to NGN
1 BCH to ₦591,894.77 NGN
other assets BNB
BNB to NGN
1 BNB to ₦961,235.63 NGN
other assets Virtuals Protocol
VIRTUAL to NGN
1 VIRTUAL to ₦2,828.66 NGN
other assets Render
RENDER to NGN
1 RENDER to ₦7,653.57 NGN

KARRAT to NGN Conversion tables

The exchange rate of KARRAT is increasing.
The exchange rate of 1 KARRAT to Nigerian Naira has changed by +9.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.32%, reaching a high of 138.06 NGN and a low of 125.45 NGN . One month ago, the value of 1 KARRAT was ₦127.89 NGN , which represents a +5.47% change from its current value. Over the last year, KARRAT has changed by
-
869.75NGN
, resulting in a change of -86.57% in its value.
24 hours ago1 month ago1 year ago
Amount03:44 am today24 hours ago24h change
0.5 KARRAT₦67.44₦67.23
+0.32%
1 KARRAT₦134.89₦134.45
+0.32%
5 KARRAT₦674.45₦672.26
+0.32%
10 KARRAT₦1,348.89₦1,344.53
+0.32%
50 KARRAT₦6,744.46₦6,722.63
+0.32%
100 KARRAT₦13,488.91₦13,445.26
+0.32%
500 KARRAT₦67,444.55₦67,226.31
+0.32%
1000 KARRAT₦134,889.11₦134,452.62
+0.32%

KARRAT to NGN FAQ

How much is 1 KARRAT in NGN?
Right now, the price of 1 KARRAT (KARRAT) in Nigerian Naira (NGN) is ₦134.89.
How much KARRAT can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.007413 KARRAT for 1 NGN.
How do I calculate or convert KARRAT to NGN?
You can use our KARRAT to NGN calculator at the top of this page to convert any amount of KARRAT to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.03707 KARRAT, while 5 KARRAT will cost around 674.45NGN.
What is the highest price of KARRAT/NGN in history?
The all-time high price of 1 KARRAT in NGN is ₦2,036.19. It remains to be seen if the value of 1 KARRAT/NGN will exceed the current all-time high.
What is the price trend of KARRAT in NGN?
Over the past 7 days, the exchange rate of KARRAT (KARRAT) has gone up by 9.64%.   Over the last month, the exchange rate of KARRAT (KARRAT) has gone up by 5.47% against Nigerian Naira (NGN).

What factors influence the conversion rate of KARRAT to NGN?

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