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WELF to NGN Converter and calculator

WELF/NGN: 1 WELF = 492.05 NGN. The price of converting 1 WELF (WELF) to Nigerian Naira (NGN) is 492.05 NGN today.
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NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WELF to NGN real-time exchange rates, making it easy to convert WELF (WELF) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 WELF is currently valued at 492.05 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WELF is currently valued at 492.05 NGN, which means buying 5 WELF would cost 2,460.23 NGN. Similarly, ₦1 NGN can be converted to 0.002032 WELF, and ₦50 NGN can be converted to 0.01016 WELF, excluding any platform or gas fees.

Convert WELF to NGN

Convert NGN to WELF

WELF
Nigerian Naira
1 WELF
492.05  NGN
Exchange 1 WELF for 492.05 NGN
2 WELF
984.09  NGN
Exchange 2 WELF for 984.09 NGN
5 WELF
2,460.23  NGN
Exchange 5 WELF for 2,460.23 NGN
10 WELF
4,920.45  NGN
Exchange 10 WELF for 4,920.45 NGN
20 WELF
9,840.91  NGN
Exchange 20 WELF for 9,840.91 NGN
50 WELF
24,602.27  NGN
Exchange 50 WELF for 24,602.27 NGN
100 WELF
49,204.55  NGN
Exchange 100 WELF for 49,204.55 NGN
200 WELF
98,409.1  NGN
Exchange 200 WELF for 98,409.1 NGN
500 WELF
246,022.74  NGN
Exchange 500 WELF for 246,022.74 NGN
1000 WELF
492,045.48  NGN
Exchange 1000 WELF for 492,045.48 NGN
5000 WELF
2,460,227.42  NGN
Exchange 5000 WELF for 2,460,227.42 NGN
10000 WELF
4,920,454.83  NGN
Exchange 10000 WELF for 4,920,454.83 NGN
In the table above, you'll find a comprehensive WELF to NGN converter that shows the value of WELF in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 WELF to NGN, all the way up to 10000 WELF, providing a clear view of their respective values.
Nigerian Naira
WELF
1 NGN
0.002032 WELF
Exchange 1 NGN for 0.002032 WELF
10 NGN
0.02032 WELF
Exchange 10 NGN for 0.02032 WELF
50 NGN
0.1016 WELF
Exchange 50 NGN for 0.1016 WELF
100 NGN
0.2032 WELF
Exchange 100 NGN for 0.2032 WELF
200 NGN
0.4065 WELF
Exchange 200 NGN for 0.4065 WELF
500 NGN
1.02 WELF
Exchange 500 NGN for 1.02 WELF
1000 NGN
2.03 WELF
Exchange 1000 NGN for 2.03 WELF
2000 NGN
4.06 WELF
Exchange 2000 NGN for 4.06 WELF
5000 NGN
10.16 WELF
Exchange 5000 NGN for 10.16 WELF
10000 NGN
20.32 WELF
Exchange 10000 NGN for 20.32 WELF
50000 NGN
101.62 WELF
Exchange 50000 NGN for 101.62 WELF
100000 NGN
203.23 WELF
Exchange 100000 NGN for 203.23 WELF
In the table above, you'll find a comprehensive NGN to WELF converter that shows the value of Nigerian Naira in WELF across commonly used conversion amounts. The list covers conversions from 1 NGN to WELF, all the way up to 100000 NGN, providing a clear view of their respective values.

WELF to NGN chart

WELF/NGN: 1 WELF = 492.05 NGN; 2025/11/22 12:21:50
In the past 1D, WELF has changed +0.64% to NGN. Based on the trend and price charts, WELF(WELF) has changed +0.64% to NGN while Nigerian Naira(NGN) has changed % to WELF in the last 24 hours.
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WELF to NGN conversion data: Volatility and price changes of WELF in NGN

The highest WELF price in NGN over the past 7 days was 653.78 NGN while the lowest WELF price in NGN over the past 7 days was 476.37 NGN. The relative change between the highs and lows in WELF price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and WELF 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
514.63 NGN
653.78 NGN
1,026.87 NGN
1,173.11 NGN
Low
476.37 NGN
476.37 NGN
476.37 NGN
363.24 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.64%
-23.08%
-21.33%
-50.02%

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WELF information

WELF to NGN market statistics

WELF/NGN:
₦492.05
WELF 24h volume:
₦62,704,048.36
WELF market cap:
₦6,226,307,638.24
WELF circulating supply:
12.65M WELF

Current WELF to NGN exchange rate

WELF to Nigerian Naira is falling this week.
WELF's current market price is ₦492.05 per WELF, with a total market cap of ₦6,226,307,638.24 NGN based on a circulating supply of 12,653,927 WELF. The trading volume of WELF has changed by -75.69% (₦-195,195,086.92 NGN) in the last 24 hours. Last trading day, WELF's trading volume was ₦257,899,135.27.

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

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How to convert WELF to NGN

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WELF to NGN Conversion tables

The exchange rate of WELF is decreasing.
The exchange rate of 1 WELF to Nigerian Naira has changed by -23.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.64%, reaching a high of 514.63 NGN and a low of 476.37 NGN . One month ago, the value of 1 WELF was ₦625.44 NGN , which represents a -21.33% change from its current value. Over the last year, WELF has changed by
+
491.93NGN
, resulting in a change of -50.63% in its value.
24 hours ago1 month ago1 year ago
Amount 12:21 today 24 hours ago 24h change
0.5 WELF
₦246.02₦244.45
+0.64%
1 WELF
₦492.05₦488.9
+0.64%
5 WELF
₦2,460.23₦2,444.52
+0.64%
10 WELF
₦4,920.45₦4,889.04
+0.64%
50 WELF
₦24,602.27₦24,445.19
+0.64%
100 WELF
₦49,204.55₦48,890.39
+0.64%
500 WELF
₦246,022.74₦244,451.93
+0.64%
1000 WELF
₦492,045.48₦488,903.85
+0.64%

WELF to NGN FAQ

How much is 1 WELF in NGN?
Right now, the price of 1 WELF (WELF) in Nigerian Naira (NGN) is ₦492.05.
How much WELF can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.002032 WELF for 1 NGN.
How do I calculate or convert WELF to NGN?
You can use our WELF to NGN calculator at the top of this page to convert any amount of WELF to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.01016 WELF, while 5 WELF will cost around 2,460.23NGN.
What is the highest price of WELF/NGN in history?
The all-time high price of 1 WELF in NGN is ₦7,301.45. It remains to be seen if the value of 1 WELF/NGN will exceed the current all-time high.
What is the price trend of WELF in NGN?
Over the past 7 days, the exchange rate of WELF (WELF) has gone down by 23.08%.   Over the last month, the exchange rate of WELF (WELF) has gone down by 21.33% against Nigerian Naira (NGN).

What factors influence the conversion rate of WELF to NGN?

There are many factors that affect the relationship between WELF 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 WELF/NGN. When there is positive news in the market about the widespread adoption of WELF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WELF/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WELF/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 WELF/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 WELF 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 WELF currency pairs: WELF to US Dollar (USD), WELF to Euro (EUR), WELF to Pound Sterling (GBP), WELF to Canadian Dollar (CAD), WELF to Indian Rupee (INR), WELF to Pakistani Rupee (PKR), WELF to Brazilian Real (BRL), WELF to…
The price of WELF in the US is $0.3385 USD. Additionally, WELF’s price is €0.2938 EUR in the eurozone, £0.2583 GBP in the UK, C$0.4773 CAD in Canada, ₹30.35 INR in India, ₨95.55 PKR in Pakistan, R$1.83 BRL in Brazil, and more.
The most popular WELF currency pair is the WELF to Nigerian Naira(NGN). The price of 1 WELF (WELF) in Nigerian Naira (NGN) is ₦492.05.

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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.