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BYTE to NGN Converter and calculator

BYTE/NGN: 1 BYTE = 0.003417 NGN. The price of converting 1 Byte (BYTE) to Nigerian Naira (NGN) is 0.003417 NGN today.
BYTE
BYTE
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BYTE to NGN real-time exchange rates, making it easy to convert Byte (BYTE) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 BYTE is currently valued at 0.003417 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BYTE is currently valued at 0.003417 NGN, which means buying 5 BYTE would cost 0.01708 NGN. Similarly, ₦1 NGN can be converted to 292.69 BYTE, and ₦50 NGN can be converted to 1,463.43 BYTE, excluding any platform or gas fees.

Convert BYTE to NGN

Convert NGN to BYTE

Byte
Nigerian Naira
1 BYTE
0.003417  NGN
Exchange 1 BYTE for 0.003417 NGN
2 BYTE
0.006833  NGN
Exchange 2 BYTE for 0.006833 NGN
5 BYTE
0.01708  NGN
Exchange 5 BYTE for 0.01708 NGN
10 BYTE
0.03417  NGN
Exchange 10 BYTE for 0.03417 NGN
20 BYTE
0.06833  NGN
Exchange 20 BYTE for 0.06833 NGN
50 BYTE
0.1708  NGN
Exchange 50 BYTE for 0.1708 NGN
100 BYTE
0.3417  NGN
Exchange 100 BYTE for 0.3417 NGN
200 BYTE
0.6833  NGN
Exchange 200 BYTE for 0.6833 NGN
500 BYTE
1.71  NGN
Exchange 500 BYTE for 1.71 NGN
1000 BYTE
3.42  NGN
Exchange 1000 BYTE for 3.42 NGN
5000 BYTE
17.08  NGN
Exchange 5000 BYTE for 17.08 NGN
10000 BYTE
34.17  NGN
Exchange 10000 BYTE for 34.17 NGN
In the table above, you'll find a comprehensive BYTE to NGN converter that shows the value of Byte in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 BYTE to NGN, all the way up to 10000 BYTE, providing a clear view of their respective values.
Nigerian Naira
Byte
1 NGN
292.69 BYTE
Exchange 1 NGN for 292.69 BYTE
10 NGN
2,926.86 BYTE
Exchange 10 NGN for 2,926.86 BYTE
50 NGN
14,634.29 BYTE
Exchange 50 NGN for 14,634.29 BYTE
100 NGN
29,268.59 BYTE
Exchange 100 NGN for 29,268.59 BYTE
200 NGN
58,537.17 BYTE
Exchange 200 NGN for 58,537.17 BYTE
500 NGN
146,342.93 BYTE
Exchange 500 NGN for 146,342.93 BYTE
1000 NGN
292,685.86 BYTE
Exchange 1000 NGN for 292,685.86 BYTE
2000 NGN
585,371.71 BYTE
Exchange 2000 NGN for 585,371.71 BYTE
5000 NGN
1,463,429.28 BYTE
Exchange 5000 NGN for 1,463,429.28 BYTE
10000 NGN
2,926,858.56 BYTE
Exchange 10000 NGN for 2,926,858.56 BYTE
50000 NGN
14,634,292.81 BYTE
Exchange 50000 NGN for 14,634,292.81 BYTE
100000 NGN
29,268,585.62 BYTE
Exchange 100000 NGN for 29,268,585.62 BYTE
In the table above, you'll find a comprehensive NGN to BYTE converter that shows the value of Nigerian Naira in Byte across commonly used conversion amounts. The list covers conversions from 1 NGN to BYTE, all the way up to 100000 NGN, providing a clear view of their respective values.

BYTE to NGN chart

BYTE/NGN: 1 BYTE = 0.003417 NGN; 2025/11/10 06:54:46
In the past 1D, Byte has changed +0.25% to NGN. Based on the trend and price charts, Byte(BYTE) has changed +0.25% to NGN while Nigerian Naira(NGN) has changed % to BYTE in the last 24 hours.
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BYTE to NGN conversion data: Volatility and price changes of Byte in NGN

The highest Byte price in NGN over the past 7 days was 0.004152 NGN while the lowest Byte price in NGN over the past 7 days was 0.003009 NGN. The relative change between the highs and lows in Byte price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and BYTE 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
0.003430 NGN
0.004152 NGN
0.005637 NGN
0.009483 NGN
Low
0.003331 NGN
0.003009 NGN
0.003009 NGN
0.003009 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.25%
-20.17%
-34.44%
-60.59%

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

BYTE to NGN market statistics

BYTE/NGN:
₦0.003417
BYTE 24h volume:
₦71,653,252.23
BYTE market cap:
₦3,295,229,305.14
BYTE circulating supply:
964.47B BYTE

Current BYTE to NGN exchange rate

Byte to Nigerian Naira is falling this week.
Byte's current market price is ₦0.003417 per BYTE, with a total market cap of ₦3,295,229,305.14 NGN based on a circulating supply of 964,467,000,000 BYTE. The trading volume of Byte has changed by +5.42% (₦3,685,355.31 NGN) in the last 24 hours. Last trading day, BYTE's trading volume was ₦67,967,896.92.

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

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How to convert BYTE to NGN

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BYTE to NGN Conversion tables

The exchange rate of Byte is decreasing.
The exchange rate of 1 BYTE to Nigerian Naira has changed by -20.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.25%, reaching a high of 0.003430 NGN and a low of 0.003331 NGN . One month ago, the value of 1 BYTE was ₦0.005191 NGN , which represents a -34.44% change from its current value. Over the last year, Byte has changed by
-
0.02165NGN
, resulting in a change of -86.50% in its value.
24 hours ago1 month ago1 year ago
Amount 06:54 am today 24 hours ago 24h change
0.5 BYTE
₦0.001708₦0.001704
+0.25%
1 BYTE
₦0.003417₦0.003408
+0.25%
5 BYTE
₦0.01708₦0.01704
+0.25%
10 BYTE
₦0.03417₦0.03408
+0.25%
50 BYTE
₦0.1708₦0.1704
+0.25%
100 BYTE
₦0.3417₦0.3408
+0.25%
500 BYTE
₦1.71₦1.7
+0.25%
1000 BYTE
₦3.42₦3.41
+0.25%

BYTE to NGN FAQ

How much is 1 Byte in NGN?
Right now, the price of 1 Byte (BYTE) in Nigerian Naira (NGN) is ₦0.003417.
How much BYTE can I buy for 1 NGN?
Based on the current exchange rate, you can get 292.69 BYTE for 1 NGN.
How do I calculate or convert BYTE to NGN?
You can use our BYTE to NGN calculator at the top of this page to convert any amount of BYTE to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 1,463.43 BYTE, while 5 BYTE will cost around 0.01708NGN.
What is the highest price of BYTE/NGN in history?
The all-time high price of 1 BYTE in NGN is ₦0.09198. It remains to be seen if the value of 1 BYTE/NGN will exceed the current all-time high.
What is the price trend of Byte in NGN?
Over the past 7 days, the exchange rate of Byte (BYTE) has gone down by 20.17%.   Over the last month, the exchange rate of Byte (BYTE) has gone down by 34.44% against Nigerian Naira (NGN).

What factors influence the conversion rate of BYTE to NGN?

There are many factors that affect the relationship between Byte 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 BYTE/NGN. When there is positive news in the market about the widespread adoption of BYTE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BYTE/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BYTE/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 BYTE/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 Byte 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 Byte currency pairs: BYTE to US Dollar (USD), BYTE to Euro (EUR), BYTE to Pound Sterling (GBP), BYTE to Canadian Dollar (CAD), BYTE to Indian Rupee (INR), BYTE to Pakistani Rupee (PKR), BYTE to Brazilian Real (BRL), BYTE to…
The price of Byte in the US is $0.{5}2381 USD. Additionally, Byte’s price is €0.{5}2059 EUR in the eurozone, £0.{5}1810 GBP in the UK, C$0.{5}3339 CAD in Canada, ₹0.0002111 INR in India, ₨0.0006721 PKR in Pakistan, R$0.{4}1269 BRL in Brazil, and more.
The most popular Byte currency pair is the BYTE to Nigerian Naira(NGN). The price of 1 Byte (BYTE) in Nigerian Naira (NGN) is ₦0.003417.

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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.