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SHAN to NGN Converter and calculator

SHAN/NGN: 1 SHAN = 0.3687 NGN. The price of converting 1 Shanum (SHAN) to Nigerian Naira (NGN) is 0.3687 NGN today.
SHAN
SHAN
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHAN to NGN real-time exchange rates, making it easy to convert Shanum (SHAN) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SHAN is currently valued at 0.3687 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHAN is currently valued at 0.3687 NGN, which means buying 5 SHAN would cost 1.84 NGN. Similarly, ₦1 NGN can be converted to 2.71 SHAN, and ₦50 NGN can be converted to 13.56 SHAN, excluding any platform or gas fees.

Convert SHAN to NGN

Convert NGN to SHAN

Shanum
Nigerian Naira
1 SHAN
0.3687  NGN
Exchange 1 SHAN for 0.3687 NGN
2 SHAN
0.7373  NGN
Exchange 2 SHAN for 0.7373 NGN
5 SHAN
1.84  NGN
Exchange 5 SHAN for 1.84 NGN
10 SHAN
3.69  NGN
Exchange 10 SHAN for 3.69 NGN
20 SHAN
7.37  NGN
Exchange 20 SHAN for 7.37 NGN
50 SHAN
18.43  NGN
Exchange 50 SHAN for 18.43 NGN
100 SHAN
36.87  NGN
Exchange 100 SHAN for 36.87 NGN
200 SHAN
73.73  NGN
Exchange 200 SHAN for 73.73 NGN
500 SHAN
184.33  NGN
Exchange 500 SHAN for 184.33 NGN
1000 SHAN
368.66  NGN
Exchange 1000 SHAN for 368.66 NGN
5000 SHAN
1,843.31  NGN
Exchange 5000 SHAN for 1,843.31 NGN
10000 SHAN
3,686.62  NGN
Exchange 10000 SHAN for 3,686.62 NGN
In the table above, you'll find a comprehensive SHAN to NGN converter that shows the value of Shanum in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SHAN to NGN, all the way up to 10000 SHAN, providing a clear view of their respective values.
Nigerian Naira
Shanum
1 NGN
2.71 SHAN
Exchange 1 NGN for 2.71 SHAN
10 NGN
27.13 SHAN
Exchange 10 NGN for 27.13 SHAN
50 NGN
135.63 SHAN
Exchange 50 NGN for 135.63 SHAN
100 NGN
271.25 SHAN
Exchange 100 NGN for 271.25 SHAN
200 NGN
542.5 SHAN
Exchange 200 NGN for 542.5 SHAN
500 NGN
1,356.25 SHAN
Exchange 500 NGN for 1,356.25 SHAN
1000 NGN
2,712.51 SHAN
Exchange 1000 NGN for 2,712.51 SHAN
2000 NGN
5,425.02 SHAN
Exchange 2000 NGN for 5,425.02 SHAN
5000 NGN
13,562.54 SHAN
Exchange 5000 NGN for 13,562.54 SHAN
10000 NGN
27,125.08 SHAN
Exchange 10000 NGN for 27,125.08 SHAN
50000 NGN
135,625.42 SHAN
Exchange 50000 NGN for 135,625.42 SHAN
100000 NGN
271,250.84 SHAN
Exchange 100000 NGN for 271,250.84 SHAN
In the table above, you'll find a comprehensive NGN to SHAN converter that shows the value of Nigerian Naira in Shanum across commonly used conversion amounts. The list covers conversions from 1 NGN to SHAN, all the way up to 100000 NGN, providing a clear view of their respective values.

SHAN to NGN chart

SHAN/NGN: 1 SHAN = 0.3687 NGN; 2025/08/03 19:41:21
In the past 1D, Shanum has changed -25.33% to NGN. Based on the trend and price charts, Shanum(SHAN) has changed -25.33% to NGN while Nigerian Naira(NGN) has changed % to SHAN in the last 24 hours.
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SHAN to NGN conversion data: Volatility and price changes of Shanum in NGN

The highest Shanum price in NGN over the past 7 days was 0.3851 NGN while the lowest Shanum price in NGN over the past 7 days was 0.2837 NGN. The relative change between the highs and lows in Shanum price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SHAN 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
0.3801 NGN
0.3851 NGN
0.3929 NGN
0.4325 NGN
Low
0.2837 NGN
0.2837 NGN
0.2837 NGN
0.2624 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-25.33%
-26.13%
-3.71%
-33.87%

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Shanum information

SHAN to NGN market statistics

SHAN/NGN:
₦0.3687
SHAN 24h volume:
--
SHAN market cap:
--
SHAN circulating supply:
0 SHAN

Current SHAN to NGN exchange rate

Shanum to Nigerian Naira is falling this week.
Shanum's current market price is ₦0.3687 per SHAN, with a total market cap of ₦0 NGN based on a circulating supply of -- SHAN. The trading volume of Shanum has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, SHAN's trading volume was ₦0.

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

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How to convert SHAN to NGN

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SHAN to NGN Conversion tables

The exchange rate of Shanum is decreasing.
The exchange rate of 1 SHAN to Nigerian Naira has changed by -26.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by -25.33%, reaching a high of 0.3801 NGN and a low of 0.2837 NGN . One month ago, the value of 1 SHAN was ₦0.3796 NGN , which represents a -3.71% change from its current value. Over the last year, Shanum has changed by
-
2.07NGN
, resulting in a change of -87.93% in its value.
24 hours ago1 month ago1 year ago
Amount 19:41 today 24 hours ago 24h change
0.5 SHAN
₦0.1843₦0.2325
-25.33%
1 SHAN
₦0.3687₦0.4649
-25.33%
5 SHAN
₦1.84₦2.32
-25.33%
10 SHAN
₦3.69₦4.65
-25.33%
50 SHAN
₦18.43₦23.25
-25.33%
100 SHAN
₦36.87₦46.49
-25.33%
500 SHAN
₦184.33₦232.46
-25.33%
1000 SHAN
₦368.66₦464.92
-25.33%

SHAN to NGN FAQ

How much is 1 Shanum in NGN?
Right now, the price of 1 Shanum (SHAN) in Nigerian Naira (NGN) is ₦0.3687.
How much SHAN can I buy for 1 NGN?
Based on the current exchange rate, you can get 2.71 SHAN for 1 NGN.
How do I calculate or convert SHAN to NGN?
You can use our SHAN to NGN calculator at the top of this page to convert any amount of SHAN to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 13.56 SHAN, while 5 SHAN will cost around 1.84NGN.
What is the highest price of SHAN/NGN in history?
The all-time high price of 1 SHAN in NGN is ₦40.77. It remains to be seen if the value of 1 SHAN/NGN will exceed the current all-time high.
What is the price trend of Shanum in NGN?
Over the past 7 days, the exchange rate of Shanum (SHAN) has gone down by 26.13%.   Over the last month, the exchange rate of Shanum (SHAN) has gone down by 3.71% against Nigerian Naira (NGN).

What factors influence the conversion rate of SHAN to NGN?

There are many factors that affect the relationship between Shanum 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 SHAN/NGN. When there is positive news in the market about the widespread adoption of SHAN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHAN/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHAN/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 SHAN/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 Shanum 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 Shanum currency pairs: SHAN to US Dollar (USD), SHAN to Euro (EUR), SHAN to Pound Sterling (GBP), SHAN to Canadian Dollar (CAD), SHAN to Indian Rupee (INR), SHAN to Pakistani Rupee (PKR), SHAN to Brazilian Real (BRL), SHAN to…
The price of Shanum in the US is $0.0002444 USD. Additionally, Shanum’s price is €0.0002109 EUR in the eurozone, £0.0001844 GBP in the UK, C$0.0003373 CAD in Canada, ₹0.02132 INR in India, ₨0.06828 PKR in Pakistan, R$0.001354 BRL in Brazil, and more.
The most popular Shanum currency pair is the SHAN to Nigerian Naira(NGN). The price of 1 Shanum (SHAN) in Nigerian Naira (NGN) is ₦0.3687.

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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.