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DFY to NGN Converter and calculator

DFY/NGN: 1 DFY = 0.05569 NGN. The price of converting 1 Defi For You (DFY) to Nigerian Naira (NGN) is 0.05569 NGN today.
DFY
DFY
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DFY to NGN real-time exchange rates, making it easy to convert Defi For You (DFY) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 DFY is currently valued at 0.05569 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DFY is currently valued at 0.05569 NGN, which means buying 5 DFY would cost 0.2784 NGN. Similarly, ₦1 NGN can be converted to 17.96 DFY, and ₦50 NGN can be converted to 89.78 DFY, excluding any platform or gas fees.

Convert DFY to NGN

Convert NGN to DFY

Defi For You
Nigerian Naira
1 DFY
0.05569  NGN
Exchange 1 DFY for 0.05569 NGN
2 DFY
0.1114  NGN
Exchange 2 DFY for 0.1114 NGN
5 DFY
0.2784  NGN
Exchange 5 DFY for 0.2784 NGN
10 DFY
0.5569  NGN
Exchange 10 DFY for 0.5569 NGN
20 DFY
1.11  NGN
Exchange 20 DFY for 1.11 NGN
50 DFY
2.78  NGN
Exchange 50 DFY for 2.78 NGN
100 DFY
5.57  NGN
Exchange 100 DFY for 5.57 NGN
200 DFY
11.14  NGN
Exchange 200 DFY for 11.14 NGN
500 DFY
27.84  NGN
Exchange 500 DFY for 27.84 NGN
1000 DFY
55.69  NGN
Exchange 1000 DFY for 55.69 NGN
5000 DFY
278.44  NGN
Exchange 5000 DFY for 278.44 NGN
10000 DFY
556.89  NGN
Exchange 10000 DFY for 556.89 NGN
In the table above, you'll find a comprehensive DFY to NGN converter that shows the value of Defi For You in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 DFY to NGN, all the way up to 10000 DFY, providing a clear view of their respective values.
Nigerian Naira
Defi For You
1 NGN
17.96 DFY
Exchange 1 NGN for 17.96 DFY
10 NGN
179.57 DFY
Exchange 10 NGN for 179.57 DFY
50 NGN
897.85 DFY
Exchange 50 NGN for 897.85 DFY
100 NGN
1,795.7 DFY
Exchange 100 NGN for 1,795.7 DFY
200 NGN
3,591.4 DFY
Exchange 200 NGN for 3,591.4 DFY
500 NGN
8,978.5 DFY
Exchange 500 NGN for 8,978.5 DFY
1000 NGN
17,957 DFY
Exchange 1000 NGN for 17,957 DFY
2000 NGN
35,913.99 DFY
Exchange 2000 NGN for 35,913.99 DFY
5000 NGN
89,784.99 DFY
Exchange 5000 NGN for 89,784.99 DFY
10000 NGN
179,569.97 DFY
Exchange 10000 NGN for 179,569.97 DFY
50000 NGN
897,849.87 DFY
Exchange 50000 NGN for 897,849.87 DFY
100000 NGN
1,795,699.75 DFY
Exchange 100000 NGN for 1,795,699.75 DFY
In the table above, you'll find a comprehensive NGN to DFY converter that shows the value of Nigerian Naira in Defi For You across commonly used conversion amounts. The list covers conversions from 1 NGN to DFY, all the way up to 100000 NGN, providing a clear view of their respective values.

DFY to NGN chart

DFY/NGN: 1 DFY = 0.05569 NGN; 2025/11/19 00:56:23
In the past 1D, Defi For You has changed -6.23% to NGN. Based on the trend and price charts, Defi For You(DFY) has changed -6.23% to NGN while Nigerian Naira(NGN) has changed % to DFY in the last 24 hours.
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DFY to NGN conversion data: Volatility and price changes of Defi For You in NGN

The highest Defi For You price in NGN over the past 7 days was 0.3309 NGN while the lowest Defi For You price in NGN over the past 7 days was 0.04651 NGN. The relative change between the highs and lows in Defi For You price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and DFY 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
0.08615 NGN
0.3309 NGN
0.3530 NGN
0.3688 NGN
Low
0.04697 NGN
0.04651 NGN
0.04651 NGN
0.04651 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-6.23%
-81.38%
-79.56%
-83.71%

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Bitget P2P trading does not currently support direct buying of DFY with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy DFY with USDT via Bitget spot market.
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Defi For You information

DFY to NGN market statistics

DFY/NGN:
₦0.05569
DFY 24h volume:
₦19,461,358.18
DFY market cap:
--
DFY circulating supply:
0 DFY

Current DFY to NGN exchange rate

Defi For You to Nigerian Naira is falling this week.
Defi For You's current market price is ₦0.05569 per DFY, with a total market cap of ₦0 NGN based on a circulating supply of -- DFY. The trading volume of Defi For You has changed by +0.94% (₦180,316.3 NGN) in the last 24 hours. Last trading day, DFY's trading volume was ₦19,281,041.88.

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

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How to convert DFY to NGN

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1 DFY to C$0.{4}5383 CAD
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1 DFY to ₦0.05569 NGN
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DFY to NGN Conversion tables

The exchange rate of Defi For You is decreasing.
The exchange rate of 1 DFY to Nigerian Naira has changed by -81.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.23%, reaching a high of 0.08615 NGN and a low of 0.04697 NGN . One month ago, the value of 1 DFY was ₦0.2646 NGN , which represents a -79.56% change from its current value. Over the last year, Defi For You has changed by
-
0.2570NGN
, resulting in a change of -82.07% in its value.
24 hours ago1 month ago1 year ago
Amount 00:56 am today 24 hours ago 24h change
0.5 DFY
₦0.02784₦0.02963
-6.23%
1 DFY
₦0.05569₦0.05926
-6.23%
5 DFY
₦0.2784₦0.2963
-6.23%
10 DFY
₦0.5569₦0.5926
-6.23%
50 DFY
₦2.78₦2.96
-6.23%
100 DFY
₦5.57₦5.93
-6.23%
500 DFY
₦27.84₦29.63
-6.23%
1000 DFY
₦55.69₦59.26
-6.23%

DFY to NGN FAQ

How much is 1 Defi For You in NGN?
Right now, the price of 1 Defi For You (DFY) in Nigerian Naira (NGN) is ₦0.05569.
How much DFY can I buy for 1 NGN?
Based on the current exchange rate, you can get 17.96 DFY for 1 NGN.
How do I calculate or convert DFY to NGN?
You can use our DFY to NGN calculator at the top of this page to convert any amount of DFY to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 89.78 DFY, while 5 DFY will cost around 0.2784NGN.
What is the highest price of DFY/NGN in history?
The all-time high price of 1 DFY in NGN is ₦405.2. It remains to be seen if the value of 1 DFY/NGN will exceed the current all-time high.
What is the price trend of Defi For You in NGN?
Over the past 7 days, the exchange rate of Defi For You (DFY) has gone down by 81.38%.   Over the last month, the exchange rate of Defi For You (DFY) has gone down by 79.56% against Nigerian Naira (NGN).

What factors influence the conversion rate of DFY to NGN?

There are many factors that affect the relationship between Defi For You 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 DFY/NGN. When there is positive news in the market about the widespread adoption of DFY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DFY/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DFY/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 DFY/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 Defi For You 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 Defi For You currency pairs: DFY to US Dollar (USD), DFY to Euro (EUR), DFY to Pound Sterling (GBP), DFY to Canadian Dollar (CAD), DFY to Indian Rupee (INR), DFY to Pakistani Rupee (PKR), DFY to Brazilian Real (BRL), DFY to…
The price of Defi For You in the US is $0.{4}3849 USD. Additionally, Defi For You’s price is €0.{4}3323 EUR in the eurozone, £0.{4}2927 GBP in the UK, C$0.{4}5383 CAD in Canada, ₹0.003408 INR in India, ₨0.01084 PKR in Pakistan, R$0.0002048 BRL in Brazil, and more.
The most popular Defi For You currency pair is the DFY to Nigerian Naira(NGN). The price of 1 Defi For You (DFY) in Nigerian Naira (NGN) is ₦0.05569.

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