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FHE to NGN Converter and calculator

FHE/NGN: 1 FHE = 48.08 NGN. The price of converting 1 Mind Network (FHE) to Nigerian Naira (NGN) is 48.08 NGN today.
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FHE
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FHE to NGN real-time exchange rates, making it easy to convert Mind Network (FHE) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 FHE is currently valued at 48.08 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FHE is currently valued at 48.08 NGN, which means buying 5 FHE would cost 240.42 NGN. Similarly, ₦1 NGN can be converted to 0.02080 FHE, and ₦50 NGN can be converted to 0.1040 FHE, excluding any platform or gas fees.

Convert FHE to NGN

Convert NGN to FHE

Mind Network
Nigerian Naira
1 FHE
48.08  NGN
Exchange 1 FHE for 48.08 NGN
2 FHE
96.17  NGN
Exchange 2 FHE for 96.17 NGN
5 FHE
240.42  NGN
Exchange 5 FHE for 240.42 NGN
10 FHE
480.84  NGN
Exchange 10 FHE for 480.84 NGN
20 FHE
961.68  NGN
Exchange 20 FHE for 961.68 NGN
50 FHE
2,404.2  NGN
Exchange 50 FHE for 2,404.2 NGN
100 FHE
4,808.39  NGN
Exchange 100 FHE for 4,808.39 NGN
200 FHE
9,616.79  NGN
Exchange 200 FHE for 9,616.79 NGN
500 FHE
24,041.97  NGN
Exchange 500 FHE for 24,041.97 NGN
1000 FHE
48,083.93  NGN
Exchange 1000 FHE for 48,083.93 NGN
5000 FHE
240,419.65  NGN
Exchange 5000 FHE for 240,419.65 NGN
10000 FHE
480,839.31  NGN
Exchange 10000 FHE for 480,839.31 NGN
In the table above, you'll find a comprehensive FHE to NGN converter that shows the value of Mind Network in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 FHE to NGN, all the way up to 10000 FHE, providing a clear view of their respective values.
Nigerian Naira
Mind Network
1 NGN
0.02080 FHE
Exchange 1 NGN for 0.02080 FHE
10 NGN
0.2080 FHE
Exchange 10 NGN for 0.2080 FHE
50 NGN
1.04 FHE
Exchange 50 NGN for 1.04 FHE
100 NGN
2.08 FHE
Exchange 100 NGN for 2.08 FHE
200 NGN
4.16 FHE
Exchange 200 NGN for 4.16 FHE
500 NGN
10.4 FHE
Exchange 500 NGN for 10.4 FHE
1000 NGN
20.8 FHE
Exchange 1000 NGN for 20.8 FHE
2000 NGN
41.59 FHE
Exchange 2000 NGN for 41.59 FHE
5000 NGN
103.98 FHE
Exchange 5000 NGN for 103.98 FHE
10000 NGN
207.97 FHE
Exchange 10000 NGN for 207.97 FHE
50000 NGN
1,039.85 FHE
Exchange 50000 NGN for 1,039.85 FHE
100000 NGN
2,079.7 FHE
Exchange 100000 NGN for 2,079.7 FHE
In the table above, you'll find a comprehensive NGN to FHE converter that shows the value of Nigerian Naira in Mind Network across commonly used conversion amounts. The list covers conversions from 1 NGN to FHE, all the way up to 100000 NGN, providing a clear view of their respective values.

FHE to NGN chart

FHE/NGN: 1 FHE = 48.08 NGN; 2025/11/12 02:43:00
In the past 1D, Mind Network has changed -6.79% to NGN. Based on the trend and price charts, Mind Network(FHE) has changed -6.79% to NGN while Nigerian Naira(NGN) has changed % to FHE in the last 24 hours.
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FHE to NGN conversion data: Volatility and price changes of Mind Network in NGN

The highest Mind Network price in NGN over the past 7 days was 54.8 NGN while the lowest Mind Network price in NGN over the past 7 days was 45.23 NGN. The relative change between the highs and lows in Mind Network price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and FHE 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
54.04 NGN
54.8 NGN
97.04 NGN
218.94 NGN
Low
46.67 NGN
45.23 NGN
43.38 NGN
21.1 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-6.79%
-9.97%
-4.65%
-46.01%

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Mind Network information

FHE to NGN market statistics

FHE/NGN:
₦48.08
FHE 24h volume:
₦6,600,342,158.82
FHE market cap:
₦16,877,460,574.41
FHE circulating supply:
351.00M FHE

Current FHE to NGN exchange rate

Mind Network to Nigerian Naira is falling this week.
Mind Network's current market price is ₦48.08 per FHE, with a total market cap of ₦16,877,460,574.41 NGN based on a circulating supply of 351,000,000 FHE. The trading volume of Mind Network has changed by +1.60% (₦103,705,806.1 NGN) in the last 24 hours. Last trading day, FHE's trading volume was ₦6,496,636,352.72.

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

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How to convert FHE to NGN

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FHE to NGN Conversion tables

The exchange rate of Mind Network is decreasing.
The exchange rate of 1 FHE to Nigerian Naira has changed by -9.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.79%, reaching a high of 54.04 NGN and a low of 46.67 NGN . One month ago, the value of 1 FHE was ₦50.42 NGN , which represents a -4.65% change from its current value. Over the last year, Mind Network has changed by
+
47.92NGN
, resulting in a change of +5.17% in its value.
24 hours ago1 month ago1 year ago
Amount 02:43 am today 24 hours ago 24h change
0.5 FHE
₦24.04₦25.79
-6.79%
1 FHE
₦48.08₦51.57
-6.79%
5 FHE
₦240.42₦257.87
-6.79%
10 FHE
₦480.84₦515.73
-6.79%
50 FHE
₦2,404.2₦2,578.67
-6.79%
100 FHE
₦4,808.39₦5,157.35
-6.79%
500 FHE
₦24,041.97₦25,786.74
-6.79%
1000 FHE
₦48,083.93₦51,573.48
-6.79%

FHE to NGN FAQ

How much is 1 Mind Network in NGN?
Right now, the price of 1 Mind Network (FHE) in Nigerian Naira (NGN) is ₦48.08.
How much FHE can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.02080 FHE for 1 NGN.
How do I calculate or convert FHE to NGN?
You can use our FHE to NGN calculator at the top of this page to convert any amount of FHE to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.1040 FHE, while 5 FHE will cost around 240.42NGN.
What is the highest price of FHE/NGN in history?
The all-time high price of 1 FHE in NGN is ₦218.94. It remains to be seen if the value of 1 FHE/NGN will exceed the current all-time high.
What is the price trend of Mind Network in NGN?
Over the past 7 days, the exchange rate of Mind Network (FHE) has gone down by 9.97%.   Over the last month, the exchange rate of Mind Network (FHE) has gone down by 4.65% against Nigerian Naira (NGN).

What factors influence the conversion rate of FHE to NGN?

There are many factors that affect the relationship between Mind Network 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 FHE/NGN. When there is positive news in the market about the widespread adoption of FHE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FHE/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FHE/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 FHE/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 Mind Network 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 Mind Network currency pairs: FHE to US Dollar (USD), FHE to Euro (EUR), FHE to Pound Sterling (GBP), FHE to Canadian Dollar (CAD), FHE to Indian Rupee (INR), FHE to Pakistani Rupee (PKR), FHE to Brazilian Real (BRL), FHE to…
The price of Mind Network in the US is $0.03348 USD. Additionally, Mind Network’s price is €0.02892 EUR in the eurozone, £0.02548 GBP in the UK, C$0.04693 CAD in Canada, ₹2.96 INR in India, ₨9.46 PKR in Pakistan, R$0.1765 BRL in Brazil, and more.
The most popular Mind Network currency pair is the FHE to Nigerian Naira(NGN). The price of 1 Mind Network (FHE) in Nigerian Naira (NGN) is ₦48.08.

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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.