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MACHINA to NGN Converter and calculator

MACHINA/NGN: 1 MACHINA = 0.1751 NGN. The price of converting 1 machinaRL (MACHINA) to Nigerian Naira (NGN) is 0.1751 NGN today.
MACHINA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MACHINA to NGN real-time exchange rates, making it easy to convert machinaRL (MACHINA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MACHINA is currently valued at 0.1751 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MACHINA is currently valued at 0.1751 NGN, which means buying 5 MACHINA would cost 0.8756 NGN. Similarly, ₦1 NGN can be converted to 5.71 MACHINA, and ₦50 NGN can be converted to 28.55 MACHINA, excluding any platform or gas fees.

Convert MACHINA to NGN

Convert NGN to MACHINA

machinaRL
Nigerian Naira
1 MACHINA
0.1751  NGN
Exchange 1 MACHINA for 0.1751 NGN
2 MACHINA
0.3502  NGN
Exchange 2 MACHINA for 0.3502 NGN
5 MACHINA
0.8756  NGN
Exchange 5 MACHINA for 0.8756 NGN
10 MACHINA
1.75  NGN
Exchange 10 MACHINA for 1.75 NGN
20 MACHINA
3.5  NGN
Exchange 20 MACHINA for 3.5 NGN
50 MACHINA
8.76  NGN
Exchange 50 MACHINA for 8.76 NGN
100 MACHINA
17.51  NGN
Exchange 100 MACHINA for 17.51 NGN
200 MACHINA
35.02  NGN
Exchange 200 MACHINA for 35.02 NGN
500 MACHINA
87.56  NGN
Exchange 500 MACHINA for 87.56 NGN
1000 MACHINA
175.12  NGN
Exchange 1000 MACHINA for 175.12 NGN
5000 MACHINA
875.58  NGN
Exchange 5000 MACHINA for 875.58 NGN
10000 MACHINA
1,751.17  NGN
Exchange 10000 MACHINA for 1,751.17 NGN
In the table above, you'll find a comprehensive MACHINA to NGN converter that shows the value of machinaRL in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MACHINA to NGN, all the way up to 10000 MACHINA, providing a clear view of their respective values.
Nigerian Naira
machinaRL
1 NGN
5.71 MACHINA
Exchange 1 NGN for 5.71 MACHINA
10 NGN
57.1 MACHINA
Exchange 10 NGN for 57.1 MACHINA
50 NGN
285.52 MACHINA
Exchange 50 NGN for 285.52 MACHINA
100 NGN
571.05 MACHINA
Exchange 100 NGN for 571.05 MACHINA
200 NGN
1,142.1 MACHINA
Exchange 200 NGN for 1,142.1 MACHINA
500 NGN
2,855.24 MACHINA
Exchange 500 NGN for 2,855.24 MACHINA
1000 NGN
5,710.48 MACHINA
Exchange 1000 NGN for 5,710.48 MACHINA
2000 NGN
11,420.95 MACHINA
Exchange 2000 NGN for 11,420.95 MACHINA
5000 NGN
28,552.39 MACHINA
Exchange 5000 NGN for 28,552.39 MACHINA
10000 NGN
57,104.77 MACHINA
Exchange 10000 NGN for 57,104.77 MACHINA
50000 NGN
285,523.86 MACHINA
Exchange 50000 NGN for 285,523.86 MACHINA
100000 NGN
571,047.73 MACHINA
Exchange 100000 NGN for 571,047.73 MACHINA
In the table above, you'll find a comprehensive NGN to MACHINA converter that shows the value of Nigerian Naira in machinaRL across commonly used conversion amounts. The list covers conversions from 1 NGN to MACHINA, all the way up to 100000 NGN, providing a clear view of their respective values.

MACHINA to NGN chart

MACHINA/NGN: 1 MACHINA = 0.1751 NGN; 2025/09/29 05:24:58
In the past 1D, machinaRL has changed +0.88% to NGN. Based on the trend and price charts, machinaRL(MACHINA) has changed +0.88% to NGN while Nigerian Naira(NGN) has changed % to MACHINA in the last 24 hours.
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MACHINA to NGN conversion data: Volatility and price changes of machinaRL in NGN

The highest machinaRL price in NGN over the past 7 days was -- NGN while the lowest machinaRL price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in machinaRL price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MACHINA 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
0.2425 NGN
-- NGN
-- NGN
-- NGN
Low
0.1751 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.88%
--
--
--

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

MACHINA to NGN market statistics

MACHINA/NGN:
₦0.1751
MACHINA 24h volume:
₦15,759,065,496.37
MACHINA market cap:
₦175,115,884.45
MACHINA circulating supply:
1000.00M MACHINA

Current MACHINA to NGN exchange rate

machinaRL to Nigerian Naira is falling this week.
machinaRL's current market price is ₦0.1751 per MACHINA, with a total market cap of ₦175,115,884.45 NGN based on a circulating supply of 999,995,260 MACHINA. The trading volume of machinaRL has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, MACHINA's trading volume was ₦--.

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

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How to convert MACHINA to NGN

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MACHINA to NGN Conversion tables

The exchange rate of machinaRL is decreasing.
The exchange rate of 1 MACHINA to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.88%, reaching a high of 0.2425 NGN and a low of 0.1751 NGN . One month ago, the value of 1 MACHINA was ₦-- NGN , which represents a --% change from its current value. Over the last year, machinaRL has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 05:24 am today 24 hours ago 24h change
0.5 MACHINA
₦0.08756₦--
+0.88%
1 MACHINA
₦0.1751₦--
+0.88%
5 MACHINA
₦0.8756₦--
+0.88%
10 MACHINA
₦1.75₦--
+0.88%
50 MACHINA
₦8.76₦--
+0.88%
100 MACHINA
₦17.51₦--
+0.88%
500 MACHINA
₦87.56₦--
+0.88%
1000 MACHINA
₦175.12₦--
+0.88%

MACHINA to NGN FAQ

How much is 1 machinaRL in NGN?
Right now, the price of 1 machinaRL (MACHINA) in Nigerian Naira (NGN) is ₦0.1751.
How much MACHINA can I buy for 1 NGN?
Based on the current exchange rate, you can get 5.71 MACHINA for 1 NGN.
How do I calculate or convert MACHINA to NGN?
You can use our MACHINA to NGN calculator at the top of this page to convert any amount of MACHINA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 28.55 MACHINA, while 5 MACHINA will cost around 0.8756NGN.
What is the highest price of MACHINA/NGN in history?
The all-time high price of 1 MACHINA in NGN is --. It remains to be seen if the value of 1 MACHINA/NGN will exceed the current all-time high.
What is the price trend of machinaRL in NGN?
Over the past 7 days, the exchange rate of machinaRL (MACHINA) has gone down by --.   Over the last month, the exchange rate of machinaRL (MACHINA) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of MACHINA to NGN?

There are many factors that affect the relationship between machinaRL 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 MACHINA/NGN. When there is positive news in the market about the widespread adoption of MACHINA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MACHINA/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MACHINA/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 MACHINA/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 machinaRL 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 machinaRL currency pairs: MACHINA to US Dollar (USD), MACHINA to Euro (EUR), MACHINA to Pound Sterling (GBP), MACHINA to Canadian Dollar (CAD), MACHINA to Indian Rupee (INR), MACHINA to Pakistani Rupee (PKR), MACHINA to Brazilian Real (BRL), MACHINA to…
The price of machinaRL in the US is $0.0001180 USD. Additionally, machinaRL’s price is €0.0001006 EUR in the eurozone, £0.{4}8786 GBP in the UK, C$0.0001643 CAD in Canada, ₹0.01047 INR in India, ₨0.03327 PKR in Pakistan, R$0.0006314 BRL in Brazil, and more.
The most popular machinaRL currency pair is the MACHINA to Nigerian Naira(NGN). The price of 1 machinaRL (MACHINA) in Nigerian Naira (NGN) is ₦0.1751.

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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.