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LAB to NGN Converter and calculator

LAB/NGN: 1 LAB = 0.04821 NGN. The price of converting 1 HAIRDAO LABORATORY (LAB) to Nigerian Naira (NGN) is 0.04821 NGN today.
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LAB
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LAB to NGN real-time exchange rates, making it easy to convert HAIRDAO LABORATORY (LAB) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 LAB is currently valued at 0.04821 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LAB is currently valued at 0.04821 NGN, which means buying 5 LAB would cost 0.2411 NGN. Similarly, ₦1 NGN can be converted to 20.74 LAB, and ₦50 NGN can be converted to 103.71 LAB, excluding any platform or gas fees.

Convert LAB to NGN

Convert NGN to LAB

HAIRDAO LABORATORY
Nigerian Naira
1 LAB
0.04821  NGN
Exchange 1 LAB for 0.04821 NGN
2 LAB
0.09642  NGN
Exchange 2 LAB for 0.09642 NGN
5 LAB
0.2411  NGN
Exchange 5 LAB for 0.2411 NGN
10 LAB
0.4821  NGN
Exchange 10 LAB for 0.4821 NGN
20 LAB
0.9642  NGN
Exchange 20 LAB for 0.9642 NGN
50 LAB
2.41  NGN
Exchange 50 LAB for 2.41 NGN
100 LAB
4.82  NGN
Exchange 100 LAB for 4.82 NGN
200 LAB
9.64  NGN
Exchange 200 LAB for 9.64 NGN
500 LAB
24.11  NGN
Exchange 500 LAB for 24.11 NGN
1000 LAB
48.21  NGN
Exchange 1000 LAB for 48.21 NGN
5000 LAB
241.06  NGN
Exchange 5000 LAB for 241.06 NGN
10000 LAB
482.12  NGN
Exchange 10000 LAB for 482.12 NGN
In the table above, you'll find a comprehensive LAB to NGN converter that shows the value of HAIRDAO LABORATORY in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 LAB to NGN, all the way up to 10000 LAB, providing a clear view of their respective values.
Nigerian Naira
HAIRDAO LABORATORY
1 NGN
20.74 LAB
Exchange 1 NGN for 20.74 LAB
10 NGN
207.42 LAB
Exchange 10 NGN for 207.42 LAB
50 NGN
1,037.08 LAB
Exchange 50 NGN for 1,037.08 LAB
100 NGN
2,074.16 LAB
Exchange 100 NGN for 2,074.16 LAB
200 NGN
4,148.33 LAB
Exchange 200 NGN for 4,148.33 LAB
500 NGN
10,370.82 LAB
Exchange 500 NGN for 10,370.82 LAB
1000 NGN
20,741.65 LAB
Exchange 1000 NGN for 20,741.65 LAB
2000 NGN
41,483.29 LAB
Exchange 2000 NGN for 41,483.29 LAB
5000 NGN
103,708.23 LAB
Exchange 5000 NGN for 103,708.23 LAB
10000 NGN
207,416.45 LAB
Exchange 10000 NGN for 207,416.45 LAB
50000 NGN
1,037,082.27 LAB
Exchange 50000 NGN for 1,037,082.27 LAB
100000 NGN
2,074,164.54 LAB
Exchange 100000 NGN for 2,074,164.54 LAB
In the table above, you'll find a comprehensive NGN to LAB converter that shows the value of Nigerian Naira in HAIRDAO LABORATORY across commonly used conversion amounts. The list covers conversions from 1 NGN to LAB, all the way up to 100000 NGN, providing a clear view of their respective values.

LAB to NGN chart

LAB/NGN: 1 LAB = 0.04821 NGN; 2025/11/20 19:46:02
In the past 1D, HAIRDAO LABORATORY has changed 0.00% to NGN. Based on the trend and price charts, HAIRDAO LABORATORY(LAB) has changed 0.00% to NGN while Nigerian Naira(NGN) has changed % to LAB in the last 24 hours.
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LAB to NGN conversion data: Volatility and price changes of HAIRDAO LABORATORY in NGN

The highest HAIRDAO LABORATORY price in NGN over the past 7 days was -- NGN while the lowest HAIRDAO LABORATORY price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in HAIRDAO LABORATORY price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and LAB 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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Bitget P2P trading does not currently support direct buying of LAB with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy LAB with USDT via Bitget spot market.
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HAIRDAO LABORATORY information

LAB to NGN market statistics

LAB/NGN:
₦0.04821
LAB 24h volume:
--
LAB market cap:
₦48,205,911.69
LAB circulating supply:
999.87M LAB

Current LAB to NGN exchange rate

HAIRDAO LABORATORY to Nigerian Naira is falling this week.
HAIRDAO LABORATORY's current market price is ₦0.04821 per LAB, with a total market cap of ₦48,205,911.69 NGN based on a circulating supply of 999,869,950 LAB. The trading volume of HAIRDAO LABORATORY has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, LAB's trading volume was ₦--.

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

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How to convert LAB to NGN

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LAB to NGN Conversion tables

The exchange rate of HAIRDAO LABORATORY is decreasing.
The exchange rate of 1 LAB 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 LAB was ₦-- NGN , which represents a --% change from its current value. Over the last year, HAIRDAO LABORATORY has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 19:46 today 24 hours ago 24h change
0.5 LAB
₦0.02411₦--
0.00%
1 LAB
₦0.04821₦--
0.00%
5 LAB
₦0.2411₦--
0.00%
10 LAB
₦0.4821₦--
0.00%
50 LAB
₦2.41₦--
0.00%
100 LAB
₦4.82₦--
0.00%
500 LAB
₦24.11₦--
0.00%
1000 LAB
₦48.21₦--
0.00%

LAB to NGN FAQ

How much is 1 HAIRDAO LABORATORY in NGN?
Right now, the price of 1 HAIRDAO LABORATORY (LAB) in Nigerian Naira (NGN) is ₦0.04821.
How much LAB can I buy for 1 NGN?
Based on the current exchange rate, you can get 20.74 LAB for 1 NGN.
How do I calculate or convert LAB to NGN?
You can use our LAB to NGN calculator at the top of this page to convert any amount of LAB to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 103.71 LAB, while 5 LAB will cost around 0.2411NGN.
What is the highest price of LAB/NGN in history?
The all-time high price of 1 LAB in NGN is --. It remains to be seen if the value of 1 LAB/NGN will exceed the current all-time high.
What is the price trend of HAIRDAO LABORATORY in NGN?
Over the past 7 days, the exchange rate of HAIRDAO LABORATORY (LAB) has gone down by --.   Over the last month, the exchange rate of HAIRDAO LABORATORY (LAB) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of LAB to NGN?

There are many factors that affect the relationship between HAIRDAO LABORATORY 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 LAB/NGN. When there is positive news in the market about the widespread adoption of LAB or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LAB/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LAB/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 LAB/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 HAIRDAO LABORATORY 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 HAIRDAO LABORATORY currency pairs: LAB to US Dollar (USD), LAB to Euro (EUR), LAB to Pound Sterling (GBP), LAB to Canadian Dollar (CAD), LAB to Indian Rupee (INR), LAB to Pakistani Rupee (PKR), LAB to Brazilian Real (BRL), LAB to…
The price of HAIRDAO LABORATORY in the US is $0.{4}3313 USD. Additionally, HAIRDAO LABORATORY’s price is €0.{4}2873 EUR in the eurozone, £0.{4}2533 GBP in the UK, C$0.{4}4668 CAD in Canada, ₹0.002939 INR in India, ₨0.009364 PKR in Pakistan, R$0.0001767 BRL in Brazil, and more.
The most popular HAIRDAO LABORATORY currency pair is the LAB to Nigerian Naira(NGN). The price of 1 HAIRDAO LABORATORY (LAB) in Nigerian Naira (NGN) is ₦0.04821.

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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.