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DEGEN to NGN Converter and calculator

DEGEN/NGN: 1 DEGEN = 0.002217 NGN. The price of converting 1 Degen (SOL) (DEGEN) to Nigerian Naira (NGN) is 0.002217 NGN today.
DEGEN
DEGEN
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DEGEN to NGN real-time exchange rates, making it easy to convert Degen (SOL) (DEGEN) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 DEGEN is currently valued at 0.002217 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DEGEN is currently valued at 0.002217 NGN, which means buying 5 DEGEN would cost 0.01108 NGN. Similarly, ₦1 NGN can be converted to 451.09 DEGEN, and ₦50 NGN can be converted to 2,255.43 DEGEN, excluding any platform or gas fees.

Convert DEGEN to NGN

Convert NGN to DEGEN

Degen (SOL)
Nigerian Naira
1 DEGEN
0.002217  NGN
Exchange 1 DEGEN for 0.002217 NGN
2 DEGEN
0.004434  NGN
Exchange 2 DEGEN for 0.004434 NGN
5 DEGEN
0.01108  NGN
Exchange 5 DEGEN for 0.01108 NGN
10 DEGEN
0.02217  NGN
Exchange 10 DEGEN for 0.02217 NGN
20 DEGEN
0.04434  NGN
Exchange 20 DEGEN for 0.04434 NGN
50 DEGEN
0.1108  NGN
Exchange 50 DEGEN for 0.1108 NGN
100 DEGEN
0.2217  NGN
Exchange 100 DEGEN for 0.2217 NGN
200 DEGEN
0.4434  NGN
Exchange 200 DEGEN for 0.4434 NGN
500 DEGEN
1.11  NGN
Exchange 500 DEGEN for 1.11 NGN
1000 DEGEN
2.22  NGN
Exchange 1000 DEGEN for 2.22 NGN
5000 DEGEN
11.08  NGN
Exchange 5000 DEGEN for 11.08 NGN
10000 DEGEN
22.17  NGN
Exchange 10000 DEGEN for 22.17 NGN
In the table above, you'll find a comprehensive DEGEN to NGN converter that shows the value of Degen (SOL) in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 DEGEN to NGN, all the way up to 10000 DEGEN, providing a clear view of their respective values.
Nigerian Naira
Degen (SOL)
1 NGN
451.09 DEGEN
Exchange 1 NGN for 451.09 DEGEN
10 NGN
4,510.85 DEGEN
Exchange 10 NGN for 4,510.85 DEGEN
50 NGN
22,554.25 DEGEN
Exchange 50 NGN for 22,554.25 DEGEN
100 NGN
45,108.51 DEGEN
Exchange 100 NGN for 45,108.51 DEGEN
200 NGN
90,217.02 DEGEN
Exchange 200 NGN for 90,217.02 DEGEN
500 NGN
225,542.54 DEGEN
Exchange 500 NGN for 225,542.54 DEGEN
1000 NGN
451,085.09 DEGEN
Exchange 1000 NGN for 451,085.09 DEGEN
2000 NGN
902,170.18 DEGEN
Exchange 2000 NGN for 902,170.18 DEGEN
5000 NGN
2,255,425.45 DEGEN
Exchange 5000 NGN for 2,255,425.45 DEGEN
10000 NGN
4,510,850.89 DEGEN
Exchange 10000 NGN for 4,510,850.89 DEGEN
50000 NGN
22,554,254.46 DEGEN
Exchange 50000 NGN for 22,554,254.46 DEGEN
100000 NGN
45,108,508.91 DEGEN
Exchange 100000 NGN for 45,108,508.91 DEGEN
In the table above, you'll find a comprehensive NGN to DEGEN converter that shows the value of Nigerian Naira in Degen (SOL) across commonly used conversion amounts. The list covers conversions from 1 NGN to DEGEN, all the way up to 100000 NGN, providing a clear view of their respective values.

DEGEN to NGN chart

DEGEN/NGN: 1 DEGEN = 0.002217 NGN; 2025/11/22 13:19:12
In the past 1D, Degen (SOL) has changed -0.71% to NGN. Based on the trend and price charts, Degen (SOL)(DEGEN) has changed -0.71% to NGN while Nigerian Naira(NGN) has changed % to DEGEN in the last 24 hours.
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DEGEN to NGN conversion data: Volatility and price changes of Degen (SOL) in NGN

The highest Degen (SOL) price in NGN over the past 7 days was 0.002326 NGN while the lowest Degen (SOL) price in NGN over the past 7 days was 0.002208 NGN. The relative change between the highs and lows in Degen (SOL) price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and DEGEN 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
0.002255 NGN
0.002326 NGN
0.002903 NGN
0.004265 NGN
Low
0.002208 NGN
0.002208 NGN
0.002208 NGN
0.002199 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.71%
-3.57%
-22.80%
-26.36%

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Degen (SOL) information

DEGEN to NGN market statistics

DEGEN/NGN:
₦0.002217
DEGEN 24h volume:
₦91,227.92
DEGEN market cap:
--
DEGEN circulating supply:
0 DEGEN

Current DEGEN to NGN exchange rate

Degen (SOL) to Nigerian Naira is falling this week.
Degen (SOL)'s current market price is ₦0.002217 per DEGEN, with a total market cap of ₦0 NGN based on a circulating supply of -- DEGEN. The trading volume of Degen (SOL) has changed by -19.26% (₦-21,755.67 NGN) in the last 24 hours. Last trading day, DEGEN's trading volume was ₦112,983.59.

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

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DEGEN to NGN Conversion tables

The exchange rate of Degen (SOL) is decreasing.
The exchange rate of 1 DEGEN to Nigerian Naira has changed by -3.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.71%, reaching a high of 0.002255 NGN and a low of 0.002208 NGN . One month ago, the value of 1 DEGEN was ₦0.002871 NGN , which represents a -22.80% change from its current value. Over the last year, Degen (SOL) has changed by
-
0.004641NGN
, resulting in a change of -67.67% in its value.
24 hours ago1 month ago1 year ago
Amount 13:19 today 24 hours ago 24h change
0.5 DEGEN
₦0.001108₦0.001116
-0.71%
1 DEGEN
₦0.002217₦0.002233
-0.71%
5 DEGEN
₦0.01108₦0.01116
-0.71%
10 DEGEN
₦0.02217₦0.02233
-0.71%
50 DEGEN
₦0.1108₦0.1116
-0.71%
100 DEGEN
₦0.2217₦0.2233
-0.71%
500 DEGEN
₦1.11₦1.12
-0.71%
1000 DEGEN
₦2.22₦2.23
-0.71%

DEGEN to NGN FAQ

How much is 1 Degen (SOL) in NGN?
Right now, the price of 1 Degen (SOL) (DEGEN) in Nigerian Naira (NGN) is ₦0.002217.
How much DEGEN can I buy for 1 NGN?
Based on the current exchange rate, you can get 451.09 DEGEN for 1 NGN.
How do I calculate or convert DEGEN to NGN?
You can use our DEGEN to NGN calculator at the top of this page to convert any amount of DEGEN to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 2,255.43 DEGEN, while 5 DEGEN will cost around 0.01108NGN.
What is the highest price of DEGEN/NGN in history?
The all-time high price of 1 DEGEN in NGN is ₦0.5781. It remains to be seen if the value of 1 DEGEN/NGN will exceed the current all-time high.
What is the price trend of Degen (SOL) in NGN?
Over the past 7 days, the exchange rate of Degen (SOL) (DEGEN) has gone down by 3.57%.   Over the last month, the exchange rate of Degen (SOL) (DEGEN) has gone down by 22.80% against Nigerian Naira (NGN).

What factors influence the conversion rate of DEGEN to NGN?

There are many factors that affect the relationship between Degen (SOL) 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 DEGEN/NGN. When there is positive news in the market about the widespread adoption of DEGEN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DEGEN/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DEGEN/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 DEGEN/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 Degen (SOL) 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 Degen (SOL) currency pairs: DEGEN to US Dollar (USD), DEGEN to Euro (EUR), DEGEN to Pound Sterling (GBP), DEGEN to Canadian Dollar (CAD), DEGEN to Indian Rupee (INR), DEGEN to Pakistani Rupee (PKR), DEGEN to Brazilian Real (BRL), DEGEN to…
The price of Degen (SOL) in the US is $0.{5}1525 USD. Additionally, Degen (SOL)’s price is €0.{5}1324 EUR in the eurozone, £0.{5}1164 GBP in the UK, C$0.{5}2151 CAD in Canada, ₹0.0001367 INR in India, ₨0.0004305 PKR in Pakistan, R$0.{5}8242 BRL in Brazil, and more.
The most popular Degen (SOL) currency pair is the DEGEN to Nigerian Naira(NGN). The price of 1 Degen (SOL) (DEGEN) in Nigerian Naira (NGN) is ₦0.002217.

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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.