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MAG7.SSI to NGN Converter and calculator

MAG7.SSI/NGN: 1 MAG7.SSI = 1,539.78 NGN. The price of converting 1 MAG7.ssi (MAG7.SSI) to Nigerian Naira (NGN) is 1,539.78 NGN today.
MAG7.SSI
MAG7.SSI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG7.SSI to NGN real-time exchange rates, making it easy to convert MAG7.ssi (MAG7.SSI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MAG7.SSI is currently valued at 1,539.78 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG7.SSI is currently valued at 1,539.78 NGN, which means buying 5 MAG7.SSI would cost 7,698.89 NGN. Similarly, ₦1 NGN can be converted to 0.0006494 MAG7.SSI, and ₦50 NGN can be converted to 0.003247 MAG7.SSI, excluding any platform or gas fees.

Convert MAG7.SSI to NGN

Convert NGN to MAG7.SSI

MAG7.ssi
Nigerian Naira
1 MAG7.SSI
1,539.78  NGN
Exchange 1 MAG7.SSI for 1,539.78 NGN
2 MAG7.SSI
3,079.55  NGN
Exchange 2 MAG7.SSI for 3,079.55 NGN
5 MAG7.SSI
7,698.89  NGN
Exchange 5 MAG7.SSI for 7,698.89 NGN
10 MAG7.SSI
15,397.77  NGN
Exchange 10 MAG7.SSI for 15,397.77 NGN
20 MAG7.SSI
30,795.55  NGN
Exchange 20 MAG7.SSI for 30,795.55 NGN
50 MAG7.SSI
76,988.87  NGN
Exchange 50 MAG7.SSI for 76,988.87 NGN
100 MAG7.SSI
153,977.73  NGN
Exchange 100 MAG7.SSI for 153,977.73 NGN
200 MAG7.SSI
307,955.47  NGN
Exchange 200 MAG7.SSI for 307,955.47 NGN
500 MAG7.SSI
769,888.67  NGN
Exchange 500 MAG7.SSI for 769,888.67 NGN
1000 MAG7.SSI
1,539,777.34  NGN
Exchange 1000 MAG7.SSI for 1,539,777.34 NGN
5000 MAG7.SSI
7,698,886.7  NGN
Exchange 5000 MAG7.SSI for 7,698,886.7 NGN
10000 MAG7.SSI
15,397,773.39  NGN
Exchange 10000 MAG7.SSI for 15,397,773.39 NGN
In the table above, you'll find a comprehensive MAG7.SSI to NGN converter that shows the value of MAG7.ssi in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MAG7.SSI to NGN, all the way up to 10000 MAG7.SSI, providing a clear view of their respective values.
Nigerian Naira
MAG7.ssi
1 NGN
0.0006494 MAG7.SSI
Exchange 1 NGN for 0.0006494 MAG7.SSI
10 NGN
0.006494 MAG7.SSI
Exchange 10 NGN for 0.006494 MAG7.SSI
50 NGN
0.03247 MAG7.SSI
Exchange 50 NGN for 0.03247 MAG7.SSI
100 NGN
0.06494 MAG7.SSI
Exchange 100 NGN for 0.06494 MAG7.SSI
200 NGN
0.1299 MAG7.SSI
Exchange 200 NGN for 0.1299 MAG7.SSI
500 NGN
0.3247 MAG7.SSI
Exchange 500 NGN for 0.3247 MAG7.SSI
1000 NGN
0.6494 MAG7.SSI
Exchange 1000 NGN for 0.6494 MAG7.SSI
2000 NGN
1.3 MAG7.SSI
Exchange 2000 NGN for 1.3 MAG7.SSI
5000 NGN
3.25 MAG7.SSI
Exchange 5000 NGN for 3.25 MAG7.SSI
10000 NGN
6.49 MAG7.SSI
Exchange 10000 NGN for 6.49 MAG7.SSI
50000 NGN
32.47 MAG7.SSI
Exchange 50000 NGN for 32.47 MAG7.SSI
100000 NGN
64.94 MAG7.SSI
Exchange 100000 NGN for 64.94 MAG7.SSI
In the table above, you'll find a comprehensive NGN to MAG7.SSI converter that shows the value of Nigerian Naira in MAG7.ssi across commonly used conversion amounts. The list covers conversions from 1 NGN to MAG7.SSI, all the way up to 100000 NGN, providing a clear view of their respective values.

MAG7.SSI to NGN chart

MAG7.SSI/NGN: 1 MAG7.SSI = 1,539.78 NGN; 2025/09/11 07:24:41
In the past 1D, MAG7.ssi has changed +0.02% to NGN. Based on the trend and price charts, MAG7.ssi(MAG7.SSI) has changed +0.02% to NGN while Nigerian Naira(NGN) has changed % to MAG7.SSI in the last 24 hours.
1D7D1M3M1YAll

MAG7.SSI to NGN conversion data: Volatility and price changes of MAG7.ssi in NGN

The highest MAG7.ssi price in NGN over the past 7 days was -- NGN while the lowest MAG7.ssi price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in MAG7.ssi price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG7.SSI 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
1,551.65 NGN
-- NGN
-- NGN
-- NGN
Low
1,508.01 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.02%
--
--
--

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MAG7.ssi information

MAG7.SSI to NGN market statistics

MAG7.SSI/NGN:
₦1,539.78
MAG7.SSI 24h volume:
₦880,431,622.2
MAG7.SSI market cap:
₦261,925,796,535.35
MAG7.SSI circulating supply:
170.11M MAG7.SSI

Current MAG7.SSI to NGN exchange rate

MAG7.ssi to Nigerian Naira is falling this week.
MAG7.ssi's current market price is ₦1,539.78 per MAG7.SSI, with a total market cap of ₦261,925,796,535.35 NGN based on a circulating supply of 170,106,270 MAG7.SSI. The trading volume of MAG7.ssi has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, MAG7.SSI's trading volume was ₦--.

More info about MAG7.ssi 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 MAG7.ssi currency pair is the MAG7.SSI to NGN, with for MAG7.ssi's currency code being MAG7.SSI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

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How to convert MAG7.SSI to NGN

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Popular MAG7.ssi Converter

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1 MAG7.SSI to ¥7.27 CNY
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1 MAG7.SSI to $1.02 USD
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1 MAG7.SSI to €0.8729 EUR
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1 MAG7.SSI to C$1.42 CAD
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1 MAG7.SSI to ₦1,539.78 NGN
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1 MAG7.SSI to ₩1,421.25 KRW
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1 MAG7.SSI to ¥150.75 JPY
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1 MAG7.SSI to £0.7548 GBP
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MAG7.SSI to BRL
1 MAG7.SSI to R$5.52 BRL

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MAG7.SSI to NGN Conversion tables

The exchange rate of MAG7.ssi is decreasing.
The exchange rate of 1 MAG7.SSI to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 1,551.65 NGN and a low of 1,508.01 NGN . One month ago, the value of 1 MAG7.SSI was ₦-- NGN , which represents a --% change from its current value. Over the last year, MAG7.ssi has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 07:24 am today 24 hours ago 24h change
0.5 MAG7.SSI
₦769.89₦--
+0.02%
1 MAG7.SSI
₦1,539.78₦--
+0.02%
5 MAG7.SSI
₦7,698.89₦--
+0.02%
10 MAG7.SSI
₦15,397.77₦--
+0.02%
50 MAG7.SSI
₦76,988.87₦--
+0.02%
100 MAG7.SSI
₦153,977.73₦--
+0.02%
500 MAG7.SSI
₦769,888.67₦--
+0.02%
1000 MAG7.SSI
₦1,539,777.34₦--
+0.02%

MAG7.SSI to NGN FAQ

How much is 1 MAG7.ssi in NGN?
Right now, the price of 1 MAG7.ssi (MAG7.SSI) in Nigerian Naira (NGN) is ₦1,539.78.
How much MAG7.SSI can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.0006494 MAG7.SSI for 1 NGN.
How do I calculate or convert MAG7.SSI to NGN?
You can use our MAG7.SSI to NGN calculator at the top of this page to convert any amount of MAG7.SSI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.003247 MAG7.SSI, while 5 MAG7.SSI will cost around 7,698.89NGN.
What is the highest price of MAG7.SSI/NGN in history?
The all-time high price of 1 MAG7.SSI in NGN is --. It remains to be seen if the value of 1 MAG7.SSI/NGN will exceed the current all-time high.
What is the price trend of MAG7.ssi in NGN?
Over the past 7 days, the exchange rate of MAG7.ssi (MAG7.SSI) has gone down by --.   Over the last month, the exchange rate of MAG7.ssi (MAG7.SSI) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of MAG7.SSI to NGN?

There are many factors that affect the relationship between MAG7.ssi 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 MAG7.SSI/NGN. When there is positive news in the market about the widespread adoption of MAG7.SSI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAG7.SSI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG7.SSI/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 MAG7.SSI/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 MAG7.ssi 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 MAG7.ssi currency pairs: MAG7.SSI to US Dollar (USD), MAG7.SSI to Euro (EUR), MAG7.SSI to Pound Sterling (GBP), MAG7.SSI to Canadian Dollar (CAD), MAG7.SSI to Indian Rupee (INR), MAG7.SSI to Pakistani Rupee (PKR), MAG7.SSI to Brazilian Real (BRL), MAG7.SSI to…
The price of MAG7.ssi in the US is $1.02 USD. Additionally, MAG7.ssi’s price is €0.8729 EUR in the eurozone, £0.7548 GBP in the UK, C$1.42 CAD in Canada, ₹90.07 INR in India, ₨289.82 PKR in Pakistan, R$5.52 BRL in Brazil, and more.
The most popular MAG7.ssi currency pair is the MAG7.SSI to Nigerian Naira(NGN). The price of 1 MAG7.ssi (MAG7.SSI) in Nigerian Naira (NGN) is ₦1,539.78.

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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.