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Bin to NGN Converter and calculator

Bin/NGN: 1 Bin = 0.03606 NGN. The price of converting 1 Binor (Bin) to Nigerian Naira (NGN) is 0.03606 NGN today.
Bin
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides Bin to NGN real-time exchange rates, making it easy to convert Binor (Bin) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 Bin is currently valued at 0.03606 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Bin is currently valued at 0.03606 NGN, which means buying 5 Bin would cost 0.1803 NGN. Similarly, ₦1 NGN can be converted to 27.73 Bin, and ₦50 NGN can be converted to 138.66 Bin, excluding any platform or gas fees.

Convert Bin to NGN

Convert NGN to Bin

Binor
Nigerian Naira
1 Bin
0.03606  NGN
Exchange 1 Bin for 0.03606 NGN
2 Bin
0.07212  NGN
Exchange 2 Bin for 0.07212 NGN
5 Bin
0.1803  NGN
Exchange 5 Bin for 0.1803 NGN
10 Bin
0.3606  NGN
Exchange 10 Bin for 0.3606 NGN
20 Bin
0.7212  NGN
Exchange 20 Bin for 0.7212 NGN
50 Bin
1.8  NGN
Exchange 50 Bin for 1.8 NGN
100 Bin
3.61  NGN
Exchange 100 Bin for 3.61 NGN
200 Bin
7.21  NGN
Exchange 200 Bin for 7.21 NGN
500 Bin
18.03  NGN
Exchange 500 Bin for 18.03 NGN
1000 Bin
36.06  NGN
Exchange 1000 Bin for 36.06 NGN
5000 Bin
180.3  NGN
Exchange 5000 Bin for 180.3 NGN
10000 Bin
360.61  NGN
Exchange 10000 Bin for 360.61 NGN
In the table above, you'll find a comprehensive Bin to NGN converter that shows the value of Binor in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 Bin to NGN, all the way up to 10000 Bin, providing a clear view of their respective values.
Nigerian Naira
Binor
1 NGN
27.73 Bin
Exchange 1 NGN for 27.73 Bin
10 NGN
277.31 Bin
Exchange 10 NGN for 277.31 Bin
50 NGN
1,386.55 Bin
Exchange 50 NGN for 1,386.55 Bin
100 NGN
2,773.11 Bin
Exchange 100 NGN for 2,773.11 Bin
200 NGN
5,546.22 Bin
Exchange 200 NGN for 5,546.22 Bin
500 NGN
13,865.54 Bin
Exchange 500 NGN for 13,865.54 Bin
1000 NGN
27,731.08 Bin
Exchange 1000 NGN for 27,731.08 Bin
2000 NGN
55,462.16 Bin
Exchange 2000 NGN for 55,462.16 Bin
5000 NGN
138,655.39 Bin
Exchange 5000 NGN for 138,655.39 Bin
10000 NGN
277,310.78 Bin
Exchange 10000 NGN for 277,310.78 Bin
50000 NGN
1,386,553.88 Bin
Exchange 50000 NGN for 1,386,553.88 Bin
100000 NGN
2,773,107.76 Bin
Exchange 100000 NGN for 2,773,107.76 Bin
In the table above, you'll find a comprehensive NGN to Bin converter that shows the value of Nigerian Naira in Binor across commonly used conversion amounts. The list covers conversions from 1 NGN to Bin, all the way up to 100000 NGN, providing a clear view of their respective values.

Bin to NGN chart

Bin/NGN: 1 Bin = 0.03606 NGN; 2025/12/04 16:17:19
In the past 1D, Binor has changed 0.00% to NGN. Based on the trend and price charts, Binor(Bin) has changed 0.00% to NGN while Nigerian Naira(NGN) has changed % to Bin in the last 24 hours.
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Bin to NGN conversion data: Volatility and price changes of Binor in NGN

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

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

Bin to NGN market statistics

Bin/NGN:
₦0.03606
Bin 24h volume:
--
Bin market cap:
₦36,060,623.85
Bin circulating supply:
1.00B Bin

Current Bin to NGN exchange rate

Binor to Nigerian Naira is falling this week.
Binor's current market price is ₦0.03606 per Bin, with a total market cap of ₦36,060,623.85 NGN based on a circulating supply of 1,000,000,000 Bin. The trading volume of Binor has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, Bin's trading volume was ₦--.

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

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How to convert Bin to NGN

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Bin to NGN Conversion tables

The exchange rate of Binor is decreasing.
The exchange rate of 1 Bin to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 NGN and a low of 0 NGN . One month ago, the value of 1 Bin was ₦-- NGN , which represents a --% change from its current value. Over the last year, Binor has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 16:17 today 24 hours ago 24h change
0.5 Bin
₦0.01803₦--
0.00%
1 Bin
₦0.03606₦--
0.00%
5 Bin
₦0.1803₦--
0.00%
10 Bin
₦0.3606₦--
0.00%
50 Bin
₦1.8₦--
0.00%
100 Bin
₦3.61₦--
0.00%
500 Bin
₦18.03₦--
0.00%
1000 Bin
₦36.06₦--
0.00%

Bin to NGN FAQ

How much is 1 Binor in NGN?
Right now, the price of 1 Binor (Bin) in Nigerian Naira (NGN) is ₦0.03606.
How much Bin can I buy for 1 NGN?
Based on the current exchange rate, you can get 27.73 Bin for 1 NGN.
How do I calculate or convert Bin to NGN?
You can use our Bin to NGN calculator at the top of this page to convert any amount of Bin to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 138.66 Bin, while 5 Bin will cost around 0.1803NGN.
What is the highest price of Bin/NGN in history?
The all-time high price of 1 Bin in NGN is --. It remains to be seen if the value of 1 Bin/NGN will exceed the current all-time high.
What is the price trend of Binor in NGN?
Over the past 7 days, the exchange rate of Binor (Bin) has gone down by --.   Over the last month, the exchange rate of Binor (Bin) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of Bin to NGN?

There are many factors that affect the relationship between Binor 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 Bin/NGN. When there is positive news in the market about the widespread adoption of Bin or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Bin/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Bin/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 Bin/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 Binor 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 Binor currency pairs: Bin to US Dollar (USD), Bin to Euro (EUR), Bin to Pound Sterling (GBP), Bin to Canadian Dollar (CAD), Bin to Indian Rupee (INR), Bin to Pakistani Rupee (PKR), Bin to Brazilian Real (BRL), Bin to…
The price of Binor in the US is $0.{4}2490 USD. Additionally, Binor’s price is €0.{4}2135 EUR in the eurozone, £0.{4}1866 GBP in the UK, C$0.{4}3478 CAD in Canada, ₹0.002238 INR in India, ₨0.007036 PKR in Pakistan, R$0.0001318 BRL in Brazil, and more.
The most popular Binor currency pair is the Bin to Nigerian Naira(NGN). The price of 1 Binor (Bin) in Nigerian Naira (NGN) is ₦0.03606.

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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.