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MVRS to NGN Converter and calculator

MVRS/NGN: 1 MVRS = 0.1500 NGN. The price of converting 1 Magaverse (MVRS) to Nigerian Naira (NGN) is 0.1500 NGN today.
MVRS
MVRS
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MVRS to NGN real-time exchange rates, making it easy to convert Magaverse (MVRS) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MVRS is currently valued at 0.1500 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MVRS is currently valued at 0.1500 NGN, which means buying 5 MVRS would cost 0.7501 NGN. Similarly, ₦1 NGN can be converted to 6.67 MVRS, and ₦50 NGN can be converted to 33.33 MVRS, excluding any platform or gas fees.

Convert MVRS to NGN

Convert NGN to MVRS

Magaverse
Nigerian Naira
1 MVRS
0.1500  NGN
Exchange 1 MVRS for 0.1500 NGN
2 MVRS
0.3000  NGN
Exchange 2 MVRS for 0.3000 NGN
5 MVRS
0.7501  NGN
Exchange 5 MVRS for 0.7501 NGN
10 MVRS
1.5  NGN
Exchange 10 MVRS for 1.5 NGN
20 MVRS
3  NGN
Exchange 20 MVRS for 3 NGN
50 MVRS
7.5  NGN
Exchange 50 MVRS for 7.5 NGN
100 MVRS
15  NGN
Exchange 100 MVRS for 15 NGN
200 MVRS
30  NGN
Exchange 200 MVRS for 30 NGN
500 MVRS
75.01  NGN
Exchange 500 MVRS for 75.01 NGN
1000 MVRS
150.02  NGN
Exchange 1000 MVRS for 150.02 NGN
5000 MVRS
750.08  NGN
Exchange 5000 MVRS for 750.08 NGN
10000 MVRS
1,500.16  NGN
Exchange 10000 MVRS for 1,500.16 NGN
In the table above, you'll find a comprehensive MVRS to NGN converter that shows the value of Magaverse in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MVRS to NGN, all the way up to 10000 MVRS, providing a clear view of their respective values.
Nigerian Naira
Magaverse
1 NGN
6.67 MVRS
Exchange 1 NGN for 6.67 MVRS
10 NGN
66.66 MVRS
Exchange 10 NGN for 66.66 MVRS
50 NGN
333.3 MVRS
Exchange 50 NGN for 333.3 MVRS
100 NGN
666.6 MVRS
Exchange 100 NGN for 666.6 MVRS
200 NGN
1,333.19 MVRS
Exchange 200 NGN for 1,333.19 MVRS
500 NGN
3,332.98 MVRS
Exchange 500 NGN for 3,332.98 MVRS
1000 NGN
6,665.95 MVRS
Exchange 1000 NGN for 6,665.95 MVRS
2000 NGN
13,331.91 MVRS
Exchange 2000 NGN for 13,331.91 MVRS
5000 NGN
33,329.77 MVRS
Exchange 5000 NGN for 33,329.77 MVRS
10000 NGN
66,659.55 MVRS
Exchange 10000 NGN for 66,659.55 MVRS
50000 NGN
333,297.74 MVRS
Exchange 50000 NGN for 333,297.74 MVRS
100000 NGN
666,595.48 MVRS
Exchange 100000 NGN for 666,595.48 MVRS
In the table above, you'll find a comprehensive NGN to MVRS converter that shows the value of Nigerian Naira in Magaverse across commonly used conversion amounts. The list covers conversions from 1 NGN to MVRS, all the way up to 100000 NGN, providing a clear view of their respective values.

MVRS to NGN chart

MVRS/NGN: 1 MVRS = 0.1500 NGN; 2025/08/03 07:10:52
In the past 1D, Magaverse has changed +1.78% to NGN. Based on the trend and price charts, Magaverse(MVRS) has changed +1.78% to NGN while Nigerian Naira(NGN) has changed % to MVRS in the last 24 hours.
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MVRS to NGN conversion data: Volatility and price changes of Magaverse in NGN

The highest Magaverse price in NGN over the past 7 days was 0.2195 NGN while the lowest Magaverse price in NGN over the past 7 days was 0.1477 NGN. The relative change between the highs and lows in Magaverse price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MVRS 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
0.1835 NGN
0.2195 NGN
0.2895 NGN
0.3590 NGN
Low
0.1742 NGN
0.1477 NGN
0.1477 NGN
0.1425 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.78%
-11.94%
-24.06%
-27.15%

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Magaverse information

MVRS to NGN market statistics

MVRS/NGN:
₦0.1500
MVRS 24h volume:
₦173,219,142.08
MVRS market cap:
₦150,016,012.02
MVRS circulating supply:
1.00B MVRS

Current MVRS to NGN exchange rate

Magaverse to Nigerian Naira is falling this week.
Magaverse's current market price is ₦0.1500 per MVRS, with a total market cap of ₦150,016,012.02 NGN based on a circulating supply of 1,000,000,000 MVRS. The trading volume of Magaverse has changed by +62.84% (₦66,847,273.42 NGN) in the last 24 hours. Last trading day, MVRS's trading volume was ₦106,371,868.66.

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

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How to convert MVRS to NGN

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MVRS to NGN Conversion tables

The exchange rate of Magaverse is decreasing.
The exchange rate of 1 MVRS to Nigerian Naira has changed by -11.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.78%, reaching a high of 0.1835 NGN and a low of 0.1742 NGN . One month ago, the value of 1 MVRS was ₦0.2080 NGN , which represents a -24.06% change from its current value. Over the last year, Magaverse has changed by
+
0.1829NGN
, resulting in a change of -99.09% in its value.
24 hours ago1 month ago1 year ago
Amount 07:10 am today 24 hours ago 24h change
0.5 MVRS
₦0.07501₦0.07341
+1.78%
1 MVRS
₦0.1500₦0.1468
+1.78%
5 MVRS
₦0.7501₦0.7341
+1.78%
10 MVRS
₦1.5₦1.47
+1.78%
50 MVRS
₦7.5₦7.34
+1.78%
100 MVRS
₦15₦14.68
+1.78%
500 MVRS
₦75.01₦73.41
+1.78%
1000 MVRS
₦150.02₦146.82
+1.78%

MVRS to NGN FAQ

How much is 1 Magaverse in NGN?
Right now, the price of 1 Magaverse (MVRS) in Nigerian Naira (NGN) is ₦0.1500.
How much MVRS can I buy for 1 NGN?
Based on the current exchange rate, you can get 6.67 MVRS for 1 NGN.
How do I calculate or convert MVRS to NGN?
You can use our MVRS to NGN calculator at the top of this page to convert any amount of MVRS to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 33.33 MVRS, while 5 MVRS will cost around 0.7501NGN.
What is the highest price of MVRS/NGN in history?
The all-time high price of 1 MVRS in NGN is ₦128.77. It remains to be seen if the value of 1 MVRS/NGN will exceed the current all-time high.
What is the price trend of Magaverse in NGN?
Over the past 7 days, the exchange rate of Magaverse (MVRS) has gone down by 11.94%.   Over the last month, the exchange rate of Magaverse (MVRS) has gone down by 24.06% against Nigerian Naira (NGN).

What factors influence the conversion rate of MVRS to NGN?

There are many factors that affect the relationship between Magaverse 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 MVRS/NGN. When there is positive news in the market about the widespread adoption of MVRS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MVRS/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MVRS/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 MVRS/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 Magaverse 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 Magaverse currency pairs: MVRS to US Dollar (USD), MVRS to Euro (EUR), MVRS to Pound Sterling (GBP), MVRS to Canadian Dollar (CAD), MVRS to Indian Rupee (INR), MVRS to Pakistani Rupee (PKR), MVRS to Brazilian Real (BRL), MVRS to…
The price of Magaverse in the US is $0.{4}9780 USD. Additionally, Magaverse’s price is €0.{4}8438 EUR in the eurozone, £0.{4}7362 GBP in the UK, C$0.0001350 CAD in Canada, ₹0.008525 INR in India, ₨0.02770 PKR in Pakistan, R$0.0005420 BRL in Brazil, and more.
The most popular Magaverse currency pair is the MVRS to Nigerian Naira(NGN). The price of 1 Magaverse (MVRS) in Nigerian Naira (NGN) is ₦0.1500.

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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.