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PAXE to NGN Converter and calculator

PAXE/NGN: 1 PAXE = 0.3888 NGN. The price of converting 1 Paxe (PAXE) to Nigerian Naira (NGN) is 0.3888 NGN today.
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NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PAXE to NGN real-time exchange rates, making it easy to convert Paxe (PAXE) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 PAXE is currently valued at 0.3888 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PAXE is currently valued at 0.3888 NGN, which means buying 5 PAXE would cost 1.94 NGN. Similarly, ₦1 NGN can be converted to 2.57 PAXE, and ₦50 NGN can be converted to 12.86 PAXE, excluding any platform or gas fees.

Convert PAXE to NGN

Convert NGN to PAXE

Paxe
Nigerian Naira
1 PAXE
0.3888  NGN
Exchange 1 PAXE for 0.3888 NGN
2 PAXE
0.7777  NGN
Exchange 2 PAXE for 0.7777 NGN
5 PAXE
1.94  NGN
Exchange 5 PAXE for 1.94 NGN
10 PAXE
3.89  NGN
Exchange 10 PAXE for 3.89 NGN
20 PAXE
7.78  NGN
Exchange 20 PAXE for 7.78 NGN
50 PAXE
19.44  NGN
Exchange 50 PAXE for 19.44 NGN
100 PAXE
38.88  NGN
Exchange 100 PAXE for 38.88 NGN
200 PAXE
77.77  NGN
Exchange 200 PAXE for 77.77 NGN
500 PAXE
194.42  NGN
Exchange 500 PAXE for 194.42 NGN
1000 PAXE
388.84  NGN
Exchange 1000 PAXE for 388.84 NGN
5000 PAXE
1,944.2  NGN
Exchange 5000 PAXE for 1,944.2 NGN
10000 PAXE
3,888.39  NGN
Exchange 10000 PAXE for 3,888.39 NGN
In the table above, you'll find a comprehensive PAXE to NGN converter that shows the value of Paxe in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 PAXE to NGN, all the way up to 10000 PAXE, providing a clear view of their respective values.
Nigerian Naira
Paxe
1 NGN
2.57 PAXE
Exchange 1 NGN for 2.57 PAXE
10 NGN
25.72 PAXE
Exchange 10 NGN for 25.72 PAXE
50 NGN
128.59 PAXE
Exchange 50 NGN for 128.59 PAXE
100 NGN
257.18 PAXE
Exchange 100 NGN for 257.18 PAXE
200 NGN
514.35 PAXE
Exchange 200 NGN for 514.35 PAXE
500 NGN
1,285.88 PAXE
Exchange 500 NGN for 1,285.88 PAXE
1000 NGN
2,571.76 PAXE
Exchange 1000 NGN for 2,571.76 PAXE
2000 NGN
5,143.51 PAXE
Exchange 2000 NGN for 5,143.51 PAXE
5000 NGN
12,858.78 PAXE
Exchange 5000 NGN for 12,858.78 PAXE
10000 NGN
25,717.57 PAXE
Exchange 10000 NGN for 25,717.57 PAXE
50000 NGN
128,587.83 PAXE
Exchange 50000 NGN for 128,587.83 PAXE
100000 NGN
257,175.66 PAXE
Exchange 100000 NGN for 257,175.66 PAXE
In the table above, you'll find a comprehensive NGN to PAXE converter that shows the value of Nigerian Naira in Paxe across commonly used conversion amounts. The list covers conversions from 1 NGN to PAXE, all the way up to 100000 NGN, providing a clear view of their respective values.

PAXE to NGN chart

PAXE/NGN: 1 PAXE = 0.3888 NGN; 2025/11/16 01:09:40
In the past 1D, Paxe has changed +0.13% to NGN. Based on the trend and price charts, Paxe(PAXE) has changed +0.13% to NGN while Nigerian Naira(NGN) has changed % to PAXE in the last 24 hours.
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PAXE to NGN conversion data: Volatility and price changes of Paxe in NGN

The highest Paxe price in NGN over the past 7 days was 0.4051 NGN while the lowest Paxe price in NGN over the past 7 days was 0.3883 NGN. The relative change between the highs and lows in Paxe price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PAXE 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
0.4049 NGN
0.4051 NGN
0.4657 NGN
0.5223 NGN
Low
0.3883 NGN
0.3883 NGN
0.3761 NGN
0.3761 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.13%
-2.10%
-15.28%
-15.86%

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Paxe information

PAXE to NGN market statistics

PAXE/NGN:
₦0.3888
PAXE 24h volume:
--
PAXE market cap:
₦1,166,517.77
PAXE circulating supply:
3.00M PAXE

Current PAXE to NGN exchange rate

Paxe to Nigerian Naira is falling this week.
Paxe's current market price is ₦0.3888 per PAXE, with a total market cap of ₦1,166,517.77 NGN based on a circulating supply of 3,000,000 PAXE. The trading volume of Paxe has changed by -100.00% (₦-- NGN) in the last 24 hours. Last trading day, PAXE's trading volume was ₦--.

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

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How to convert PAXE to NGN

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PAXE to NGN Conversion tables

The exchange rate of Paxe is decreasing.
The exchange rate of 1 PAXE to Nigerian Naira has changed by -2.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.13%, reaching a high of 0.4049 NGN and a low of 0.3883 NGN . One month ago, the value of 1 PAXE was ₦0.4590 NGN , which represents a -15.28% change from its current value. Over the last year, Paxe has changed by
-
957.5NGN
, resulting in a change of -99.96% in its value.
24 hours ago1 month ago1 year ago
Amount 01:09 am today 24 hours ago 24h change
0.5 PAXE
₦0.1944₦0.1942
+0.13%
1 PAXE
₦0.3888₦0.3883
+0.13%
5 PAXE
₦1.94₦1.94
+0.13%
10 PAXE
₦3.89₦3.88
+0.13%
50 PAXE
₦19.44₦19.42
+0.13%
100 PAXE
₦38.88₦38.83
+0.13%
500 PAXE
₦194.42₦194.17
+0.13%
1000 PAXE
₦388.84₦388.34
+0.13%

PAXE to NGN FAQ

How much is 1 Paxe in NGN?
Right now, the price of 1 Paxe (PAXE) in Nigerian Naira (NGN) is ₦0.3888.
How much PAXE can I buy for 1 NGN?
Based on the current exchange rate, you can get 2.57 PAXE for 1 NGN.
How do I calculate or convert PAXE to NGN?
You can use our PAXE to NGN calculator at the top of this page to convert any amount of PAXE to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 12.86 PAXE, while 5 PAXE will cost around 1.94NGN.
What is the highest price of PAXE/NGN in history?
The all-time high price of 1 PAXE in NGN is ₦15,685.94. It remains to be seen if the value of 1 PAXE/NGN will exceed the current all-time high.
What is the price trend of Paxe in NGN?
Over the past 7 days, the exchange rate of Paxe (PAXE) has gone down by 2.10%.   Over the last month, the exchange rate of Paxe (PAXE) has gone down by 15.28% against Nigerian Naira (NGN).

What factors influence the conversion rate of PAXE to NGN?

There are many factors that affect the relationship between Paxe 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 PAXE/NGN. When there is positive news in the market about the widespread adoption of PAXE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PAXE/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PAXE/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 PAXE/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 Paxe 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 Paxe currency pairs: PAXE to US Dollar (USD), PAXE to Euro (EUR), PAXE to Pound Sterling (GBP), PAXE to Canadian Dollar (CAD), PAXE to Indian Rupee (INR), PAXE to Pakistani Rupee (PKR), PAXE to Brazilian Real (BRL), PAXE to…
The price of Paxe in the US is $0.0002698 USD. Additionally, Paxe’s price is €0.0002321 EUR in the eurozone, £0.0002050 GBP in the UK, C$0.0003786 CAD in Canada, ₹0.02393 INR in India, ₨0.07623 PKR in Pakistan, R$0.001429 BRL in Brazil, and more.
The most popular Paxe currency pair is the PAXE to Nigerian Naira(NGN). The price of 1 Paxe (PAXE) in Nigerian Naira (NGN) is ₦0.3888.

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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.