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IOTA to NGN Converter and calculator

IOTA/NGN: 1 IOTA = 179.33 NGN. The price of converting 1 IOTA (IOTA) to Nigerian Naira (NGN) is 179.33 NGN today.
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IOTA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides IOTA to NGN real-time exchange rates, making it easy to convert IOTA (IOTA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 IOTA is currently valued at 179.33 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IOTA is currently valued at 179.33 NGN, which means buying 5 IOTA would cost 896.63 NGN. Similarly, ₦1 NGN can be converted to 0.005576 IOTA, and ₦50 NGN can be converted to 0.02788 IOTA, excluding any platform or gas fees.

Convert IOTA to NGN

Convert NGN to IOTA

IOTA
Nigerian Naira
1 IOTA
179.33  NGN
Exchange 1 IOTA for 179.33 NGN
2 IOTA
358.65  NGN
Exchange 2 IOTA for 358.65 NGN
5 IOTA
896.63  NGN
Exchange 5 IOTA for 896.63 NGN
10 IOTA
1,793.25  NGN
Exchange 10 IOTA for 1,793.25 NGN
20 IOTA
3,586.5  NGN
Exchange 20 IOTA for 3,586.5 NGN
50 IOTA
8,966.26  NGN
Exchange 50 IOTA for 8,966.26 NGN
100 IOTA
17,932.51  NGN
Exchange 100 IOTA for 17,932.51 NGN
200 IOTA
35,865.03  NGN
Exchange 200 IOTA for 35,865.03 NGN
500 IOTA
89,662.56  NGN
Exchange 500 IOTA for 89,662.56 NGN
1000 IOTA
179,325.13  NGN
Exchange 1000 IOTA for 179,325.13 NGN
5000 IOTA
896,625.63  NGN
Exchange 5000 IOTA for 896,625.63 NGN
10000 IOTA
1,793,251.26  NGN
Exchange 10000 IOTA for 1,793,251.26 NGN
In the table above, you'll find a comprehensive IOTA to NGN converter that shows the value of IOTA in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 IOTA to NGN, all the way up to 10000 IOTA, providing a clear view of their respective values.
Nigerian Naira
IOTA
1 NGN
0.005576 IOTA
Exchange 1 NGN for 0.005576 IOTA
10 NGN
0.05576 IOTA
Exchange 10 NGN for 0.05576 IOTA
50 NGN
0.2788 IOTA
Exchange 50 NGN for 0.2788 IOTA
100 NGN
0.5576 IOTA
Exchange 100 NGN for 0.5576 IOTA
200 NGN
1.12 IOTA
Exchange 200 NGN for 1.12 IOTA
500 NGN
2.79 IOTA
Exchange 500 NGN for 2.79 IOTA
1000 NGN
5.58 IOTA
Exchange 1000 NGN for 5.58 IOTA
2000 NGN
11.15 IOTA
Exchange 2000 NGN for 11.15 IOTA
5000 NGN
27.88 IOTA
Exchange 5000 NGN for 27.88 IOTA
10000 NGN
55.76 IOTA
Exchange 10000 NGN for 55.76 IOTA
50000 NGN
278.82 IOTA
Exchange 50000 NGN for 278.82 IOTA
100000 NGN
557.65 IOTA
Exchange 100000 NGN for 557.65 IOTA
In the table above, you'll find a comprehensive NGN to IOTA converter that shows the value of Nigerian Naira in IOTA across commonly used conversion amounts. The list covers conversions from 1 NGN to IOTA, all the way up to 100000 NGN, providing a clear view of their respective values.

IOTA to NGN chart

IOTA/NGN: 1 IOTA = 179.33 NGN; 2025/11/20 01:59:35
In the past 1D, IOTA has changed -3.54% to NGN. Based on the trend and price charts, IOTA(IOTA) has changed -3.54% to NGN while Nigerian Naira(NGN) has changed % to IOTA in the last 24 hours.
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IOTA to NGN conversion data: Volatility and price changes of IOTA in NGN

The highest IOTA price in NGN over the past 7 days was 211.99 NGN while the lowest IOTA price in NGN over the past 7 days was 172.97 NGN. The relative change between the highs and lows in IOTA price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and IOTA 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
189.26 NGN
211.99 NGN
224.5 NGN
310.28 NGN
Low
172.97 NGN
172.97 NGN
170.6 NGN
130.84 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-3.54%
-11.88%
-16.20%
-36.34%

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IOTA information

IOTA to NGN market statistics

IOTA/NGN:
₦179.33
IOTA 24h volume:
₦27,014,351,901.94
IOTA market cap:
₦743,419,751,386.22
IOTA circulating supply:
4.15B IOTA

Current IOTA to NGN exchange rate

IOTA to Nigerian Naira is falling this week.
IOTA's current market price is ₦179.33 per IOTA, with a total market cap of ₦743,419,751,386.22 NGN based on a circulating supply of 4,145,653,200 IOTA. The trading volume of IOTA has changed by +3.26% (₦852,585,795.64 NGN) in the last 24 hours. Last trading day, IOTA's trading volume was ₦26,161,766,106.3.

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

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IOTA to NGN Conversion tables

The exchange rate of IOTA is decreasing.
The exchange rate of 1 IOTA to Nigerian Naira has changed by -11.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.54%, reaching a high of 189.26 NGN and a low of 172.97 NGN . One month ago, the value of 1 IOTA was ₦214.01 NGN , which represents a -16.20% change from its current value. Over the last year, IOTA has changed by
-
75.54NGN
, resulting in a change of -29.62% in its value.
24 hours ago1 month ago1 year ago
Amount 01:59 am today 24 hours ago 24h change
0.5 IOTA
₦89.66₦92.95
-3.54%
1 IOTA
₦179.33₦185.91
-3.54%
5 IOTA
₦896.63₦929.54
-3.54%
10 IOTA
₦1,793.25₦1,859.08
-3.54%
50 IOTA
₦8,966.26₦9,295.41
-3.54%
100 IOTA
₦17,932.51₦18,590.82
-3.54%
500 IOTA
₦89,662.56₦92,954.08
-3.54%
1000 IOTA
₦179,325.13₦185,908.16
-3.54%

IOTA to NGN FAQ

How much is 1 IOTA in NGN?
Right now, the price of 1 IOTA (IOTA) in Nigerian Naira (NGN) is ₦179.33.
How much IOTA can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.005576 IOTA for 1 NGN.
How do I calculate or convert IOTA to NGN?
You can use our IOTA to NGN calculator at the top of this page to convert any amount of IOTA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.02788 IOTA, while 5 IOTA will cost around 896.63NGN.
What is the highest price of IOTA/NGN in history?
The all-time high price of 1 IOTA in NGN is ₦8,262.25. It remains to be seen if the value of 1 IOTA/NGN will exceed the current all-time high.
What is the price trend of IOTA in NGN?
Over the past 7 days, the exchange rate of IOTA (IOTA) has gone down by 11.88%.   Over the last month, the exchange rate of IOTA (IOTA) has gone down by 16.20% against Nigerian Naira (NGN).

What factors influence the conversion rate of IOTA to NGN?

There are many factors that affect the relationship between IOTA 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 IOTA/NGN. When there is positive news in the market about the widespread adoption of IOTA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IOTA/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IOTA/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 IOTA/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 IOTA 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 IOTA currency pairs: IOTA to US Dollar (USD), IOTA to Euro (EUR), IOTA to Pound Sterling (GBP), IOTA to Canadian Dollar (CAD), IOTA to Indian Rupee (INR), IOTA to Pakistani Rupee (PKR), IOTA to Brazilian Real (BRL), IOTA to…
The price of IOTA in the US is $0.1235 USD. Additionally, IOTA’s price is €0.1070 EUR in the eurozone, £0.09457 GBP in the UK, C$0.1735 CAD in Canada, ₹10.93 INR in India, ₨34.81 PKR in Pakistan, R$0.6585 BRL in Brazil, and more.
The most popular IOTA currency pair is the IOTA to Nigerian Naira(NGN). The price of 1 IOTA (IOTA) in Nigerian Naira (NGN) is ₦179.33.

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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.