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Rayls to NGN Converter and calculator

Rayls/NGN: 1 Rayls = 0.1440 NGN. The price of converting 1 @RaylsLabs (Rayls) to Nigerian Naira (NGN) is 0.1440 NGN today.
Rayls
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides Rayls to NGN real-time exchange rates, making it easy to convert @RaylsLabs (Rayls) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 Rayls is currently valued at 0.1440 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Rayls is currently valued at 0.1440 NGN, which means buying 5 Rayls would cost 0.7198 NGN. Similarly, ₦1 NGN can be converted to 6.95 Rayls, and ₦50 NGN can be converted to 34.73 Rayls, excluding any platform or gas fees.

Convert Rayls to NGN

Convert NGN to Rayls

@RaylsLabs
Nigerian Naira
1 Rayls
0.1440  NGN
Exchange 1 Rayls for 0.1440 NGN
2 Rayls
0.2879  NGN
Exchange 2 Rayls for 0.2879 NGN
5 Rayls
0.7198  NGN
Exchange 5 Rayls for 0.7198 NGN
10 Rayls
1.44  NGN
Exchange 10 Rayls for 1.44 NGN
20 Rayls
2.88  NGN
Exchange 20 Rayls for 2.88 NGN
50 Rayls
7.2  NGN
Exchange 50 Rayls for 7.2 NGN
100 Rayls
14.4  NGN
Exchange 100 Rayls for 14.4 NGN
200 Rayls
28.79  NGN
Exchange 200 Rayls for 28.79 NGN
500 Rayls
71.98  NGN
Exchange 500 Rayls for 71.98 NGN
1000 Rayls
143.95  NGN
Exchange 1000 Rayls for 143.95 NGN
5000 Rayls
719.75  NGN
Exchange 5000 Rayls for 719.75 NGN
10000 Rayls
1,439.5  NGN
Exchange 10000 Rayls for 1,439.5 NGN
In the table above, you'll find a comprehensive Rayls to NGN converter that shows the value of @RaylsLabs in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 Rayls to NGN, all the way up to 10000 Rayls, providing a clear view of their respective values.
Nigerian Naira
@RaylsLabs
1 NGN
6.95 Rayls
Exchange 1 NGN for 6.95 Rayls
10 NGN
69.47 Rayls
Exchange 10 NGN for 69.47 Rayls
50 NGN
347.34 Rayls
Exchange 50 NGN for 347.34 Rayls
100 NGN
694.68 Rayls
Exchange 100 NGN for 694.68 Rayls
200 NGN
1,389.37 Rayls
Exchange 200 NGN for 1,389.37 Rayls
500 NGN
3,473.42 Rayls
Exchange 500 NGN for 3,473.42 Rayls
1000 NGN
6,946.84 Rayls
Exchange 1000 NGN for 6,946.84 Rayls
2000 NGN
13,893.68 Rayls
Exchange 2000 NGN for 13,893.68 Rayls
5000 NGN
34,734.21 Rayls
Exchange 5000 NGN for 34,734.21 Rayls
10000 NGN
69,468.42 Rayls
Exchange 10000 NGN for 69,468.42 Rayls
50000 NGN
347,342.12 Rayls
Exchange 50000 NGN for 347,342.12 Rayls
100000 NGN
694,684.25 Rayls
Exchange 100000 NGN for 694,684.25 Rayls
In the table above, you'll find a comprehensive NGN to Rayls converter that shows the value of Nigerian Naira in @RaylsLabs across commonly used conversion amounts. The list covers conversions from 1 NGN to Rayls, all the way up to 100000 NGN, providing a clear view of their respective values.

Rayls to NGN chart

Rayls/NGN: 1 Rayls = 0.1440 NGN; 2025/11/22 20:15:19
In the past 1D, @RaylsLabs has changed -0.37% to NGN. Based on the trend and price charts, @RaylsLabs(Rayls) has changed -0.37% to NGN while Nigerian Naira(NGN) has changed % to Rayls in the last 24 hours.
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Rayls to NGN conversion data: Volatility and price changes of @RaylsLabs in NGN

The highest @RaylsLabs price in NGN over the past 7 days was -- NGN while the lowest @RaylsLabs price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in @RaylsLabs price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and Rayls 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
0.8929 NGN
-- NGN
-- NGN
-- NGN
Low
0.1440 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.37%
--
--
--

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Buy Rayls (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of Rayls with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy Rayls with USDT via Bitget spot market.
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@RaylsLabs information

Rayls to NGN market statistics

Rayls/NGN:
₦0.1440
Rayls 24h volume:
₦68,568,427,966.28
Rayls market cap:
₦143,950,116.4
Rayls circulating supply:
1000.00M Rayls

Current Rayls to NGN exchange rate

@RaylsLabs to Nigerian Naira is falling this week.
@RaylsLabs's current market price is ₦0.1440 per Rayls, with a total market cap of ₦143,950,116.4 NGN based on a circulating supply of 999,998,800 Rayls. The trading volume of @RaylsLabs has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, Rayls's trading volume was ₦--.

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

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How to convert Rayls to NGN

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Rayls to NGN Conversion tables

The exchange rate of @RaylsLabs is decreasing.
The exchange rate of 1 Rayls to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.37%, reaching a high of 0.8929 NGN and a low of 0.1440 NGN . One month ago, the value of 1 Rayls was ₦-- NGN , which represents a --% change from its current value. Over the last year, @RaylsLabs has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 20:15 today 24 hours ago 24h change
0.5 Rayls
₦0.07198₦--
-0.37%
1 Rayls
₦0.1440₦--
-0.37%
5 Rayls
₦0.7198₦--
-0.37%
10 Rayls
₦1.44₦--
-0.37%
50 Rayls
₦7.2₦--
-0.37%
100 Rayls
₦14.4₦--
-0.37%
500 Rayls
₦71.98₦--
-0.37%
1000 Rayls
₦143.95₦--
-0.37%

Rayls to NGN FAQ

How much is 1 @RaylsLabs in NGN?
Right now, the price of 1 @RaylsLabs (Rayls) in Nigerian Naira (NGN) is ₦0.1440.
How much Rayls can I buy for 1 NGN?
Based on the current exchange rate, you can get 6.95 Rayls for 1 NGN.
How do I calculate or convert Rayls to NGN?
You can use our Rayls to NGN calculator at the top of this page to convert any amount of Rayls to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 34.73 Rayls, while 5 Rayls will cost around 0.7198NGN.
What is the highest price of Rayls/NGN in history?
The all-time high price of 1 Rayls in NGN is --. It remains to be seen if the value of 1 Rayls/NGN will exceed the current all-time high.
What is the price trend of @RaylsLabs in NGN?
Over the past 7 days, the exchange rate of @RaylsLabs (Rayls) has gone down by --.   Over the last month, the exchange rate of @RaylsLabs (Rayls) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of Rayls to NGN?

There are many factors that affect the relationship between @RaylsLabs 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 Rayls/NGN. When there is positive news in the market about the widespread adoption of Rayls or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Rayls/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Rayls/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 Rayls/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 @RaylsLabs 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 @RaylsLabs currency pairs: Rayls to US Dollar (USD), Rayls to Euro (EUR), Rayls to Pound Sterling (GBP), Rayls to Canadian Dollar (CAD), Rayls to Indian Rupee (INR), Rayls to Pakistani Rupee (PKR), Rayls to Brazilian Real (BRL), Rayls to…
The price of @RaylsLabs in the US is $0.{4}9904 USD. Additionally, @RaylsLabs’s price is €0.{4}8597 EUR in the eurozone, £0.{4}7560 GBP in the UK, C$0.0001397 CAD in Canada, ₹0.008878 INR in India, ₨0.02795 PKR in Pakistan, R$0.0005352 BRL in Brazil, and more.
The most popular @RaylsLabs currency pair is the Rayls to Nigerian Naira(NGN). The price of 1 @RaylsLabs (Rayls) in Nigerian Naira (NGN) is ₦0.1440.

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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.