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BUT to NGN Converter and calculator

BUT/NGN: 1 BUT = 9.25 NGN. The price of converting 1 Bucket Protocol (BUT) to Nigerian Naira (NGN) is 9.25 NGN today.
BUT
BUT
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BUT to NGN real-time exchange rates, making it easy to convert Bucket Protocol (BUT) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 BUT is currently valued at 9.25 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BUT is currently valued at 9.25 NGN, which means buying 5 BUT would cost 46.27 NGN. Similarly, ₦1 NGN can be converted to 0.1081 BUT, and ₦50 NGN can be converted to 0.5404 BUT, excluding any platform or gas fees.

Convert BUT to NGN

Convert NGN to BUT

Bucket Protocol
Nigerian Naira
1 BUT
9.25  NGN
Exchange 1 BUT for 9.25 NGN
2 BUT
18.51  NGN
Exchange 2 BUT for 18.51 NGN
5 BUT
46.27  NGN
Exchange 5 BUT for 46.27 NGN
10 BUT
92.53  NGN
Exchange 10 BUT for 92.53 NGN
20 BUT
185.06  NGN
Exchange 20 BUT for 185.06 NGN
50 BUT
462.65  NGN
Exchange 50 BUT for 462.65 NGN
100 BUT
925.3  NGN
Exchange 100 BUT for 925.3 NGN
200 BUT
1,850.6  NGN
Exchange 200 BUT for 1,850.6 NGN
500 BUT
4,626.5  NGN
Exchange 500 BUT for 4,626.5 NGN
1000 BUT
9,253  NGN
Exchange 1000 BUT for 9,253 NGN
5000 BUT
46,265.02  NGN
Exchange 5000 BUT for 46,265.02 NGN
10000 BUT
92,530.05  NGN
Exchange 10000 BUT for 92,530.05 NGN
In the table above, you'll find a comprehensive BUT to NGN converter that shows the value of Bucket Protocol in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 BUT to NGN, all the way up to 10000 BUT, providing a clear view of their respective values.
Nigerian Naira
Bucket Protocol
1 NGN
0.1081 BUT
Exchange 1 NGN for 0.1081 BUT
10 NGN
1.08 BUT
Exchange 10 NGN for 1.08 BUT
50 NGN
5.4 BUT
Exchange 50 NGN for 5.4 BUT
100 NGN
10.81 BUT
Exchange 100 NGN for 10.81 BUT
200 NGN
21.61 BUT
Exchange 200 NGN for 21.61 BUT
500 NGN
54.04 BUT
Exchange 500 NGN for 54.04 BUT
1000 NGN
108.07 BUT
Exchange 1000 NGN for 108.07 BUT
2000 NGN
216.15 BUT
Exchange 2000 NGN for 216.15 BUT
5000 NGN
540.36 BUT
Exchange 5000 NGN for 540.36 BUT
10000 NGN
1,080.73 BUT
Exchange 10000 NGN for 1,080.73 BUT
50000 NGN
5,403.65 BUT
Exchange 50000 NGN for 5,403.65 BUT
100000 NGN
10,807.3 BUT
Exchange 100000 NGN for 10,807.3 BUT
In the table above, you'll find a comprehensive NGN to BUT converter that shows the value of Nigerian Naira in Bucket Protocol across commonly used conversion amounts. The list covers conversions from 1 NGN to BUT, all the way up to 100000 NGN, providing a clear view of their respective values.

BUT to NGN chart

BUT/NGN: 1 BUT = 9.25 NGN; 2025/08/07 19:48:07
In the past 1D, Bucket Protocol has changed +3.36% to NGN. Based on the trend and price charts, Bucket Protocol(BUT) has changed +3.36% to NGN while Nigerian Naira(NGN) has changed % to BUT in the last 24 hours.
1D7D1M3M1YAll

BUT to NGN conversion data: Volatility and price changes of Bucket Protocol in NGN

The highest Bucket Protocol price in NGN over the past 7 days was 16.01 NGN while the lowest Bucket Protocol price in NGN over the past 7 days was 8.46 NGN. The relative change between the highs and lows in Bucket Protocol price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and BUT 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
9.5 NGN
16.01 NGN
23.84 NGN
97.3 NGN
Low
8.52 NGN
8.46 NGN
8.46 NGN
3.71 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+3.36%
-43.53%
-49.21%
-65.46%

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

BUT to NGN market statistics

BUT/NGN:
₦9.25
BUT 24h volume:
--
BUT market cap:
--
BUT circulating supply:
0 BUT

Current BUT to NGN exchange rate

Bucket Protocol to Nigerian Naira is falling this week.
Bucket Protocol's current market price is ₦9.25 per BUT, with a total market cap of ₦0 NGN based on a circulating supply of -- BUT. The trading volume of Bucket Protocol has changed by -100.00% (₦-- NGN) in the last 24 hours. Last trading day, BUT's trading volume was ₦--.

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

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How to convert BUT to NGN

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BUT to NGN Conversion tables

The exchange rate of Bucket Protocol is decreasing.
The exchange rate of 1 BUT to Nigerian Naira has changed by -43.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.36%, reaching a high of 9.5 NGN and a low of 8.52 NGN . One month ago, the value of 1 BUT was ₦18.22 NGN , which represents a -49.21% change from its current value. Over the last year, Bucket Protocol has changed by
+
9.25NGN
, resulting in a change of -54.69% in its value.
24 hours ago1 month ago1 year ago
Amount 19:48 today 24 hours ago 24h change
0.5 BUT
₦4.63₦4.48
+3.36%
1 BUT
₦9.25₦8.95
+3.36%
5 BUT
₦46.27₦44.76
+3.36%
10 BUT
₦92.53₦89.52
+3.36%
50 BUT
₦462.65₦447.62
+3.36%
100 BUT
₦925.3₦895.25
+3.36%
500 BUT
₦4,626.5₦4,476.24
+3.36%
1000 BUT
₦9,253₦8,952.47
+3.36%

BUT to NGN FAQ

How much is 1 Bucket Protocol in NGN?
Right now, the price of 1 Bucket Protocol (BUT) in Nigerian Naira (NGN) is ₦9.25.
How much BUT can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.1081 BUT for 1 NGN.
How do I calculate or convert BUT to NGN?
You can use our BUT to NGN calculator at the top of this page to convert any amount of BUT to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.5404 BUT, while 5 BUT will cost around 46.27NGN.
What is the highest price of BUT/NGN in history?
The all-time high price of 1 BUT in NGN is ₦185.4. It remains to be seen if the value of 1 BUT/NGN will exceed the current all-time high.
What is the price trend of Bucket Protocol in NGN?
Over the past 7 days, the exchange rate of Bucket Protocol (BUT) has gone down by 43.53%.   Over the last month, the exchange rate of Bucket Protocol (BUT) has gone down by 49.21% against Nigerian Naira (NGN).

What factors influence the conversion rate of BUT to NGN?

There are many factors that affect the relationship between Bucket Protocol 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 BUT/NGN. When there is positive news in the market about the widespread adoption of BUT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BUT/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BUT/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 BUT/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 Bucket Protocol 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 Bucket Protocol currency pairs: BUT to US Dollar (USD), BUT to Euro (EUR), BUT to Pound Sterling (GBP), BUT to Canadian Dollar (CAD), BUT to Indian Rupee (INR), BUT to Pakistani Rupee (PKR), BUT to Brazilian Real (BRL), BUT to…
The price of Bucket Protocol in the US is $0.006046 USD. Additionally, Bucket Protocol’s price is €0.005200 EUR in the eurozone, £0.004509 GBP in the UK, C$0.008322 CAD in Canada, ₹0.5289 INR in India, ₨1.71 PKR in Pakistan, R$0.03295 BRL in Brazil, and more.
The most popular Bucket Protocol currency pair is the BUT to Nigerian Naira(NGN). The price of 1 Bucket Protocol (BUT) in Nigerian Naira (NGN) is ₦9.25.

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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.