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SPRED to NGN Converter and calculator

SPRED/NGN: 1 SPRED = 0.5688 NGN. The price of converting 1 SPRED (SPRED) to Nigerian Naira (NGN) is 0.5688 NGN today.
SPRED
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SPRED to NGN real-time exchange rates, making it easy to convert SPRED (SPRED) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SPRED is currently valued at 0.5688 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SPRED is currently valued at 0.5688 NGN, which means buying 5 SPRED would cost 2.84 NGN. Similarly, ₦1 NGN can be converted to 1.76 SPRED, and ₦50 NGN can be converted to 8.79 SPRED, excluding any platform or gas fees.

Convert SPRED to NGN

Convert NGN to SPRED

SPRED
Nigerian Naira
1 SPRED
0.5688  NGN
Exchange 1 SPRED for 0.5688 NGN
2 SPRED
1.14  NGN
Exchange 2 SPRED for 1.14 NGN
5 SPRED
2.84  NGN
Exchange 5 SPRED for 2.84 NGN
10 SPRED
5.69  NGN
Exchange 10 SPRED for 5.69 NGN
20 SPRED
11.38  NGN
Exchange 20 SPRED for 11.38 NGN
50 SPRED
28.44  NGN
Exchange 50 SPRED for 28.44 NGN
100 SPRED
56.88  NGN
Exchange 100 SPRED for 56.88 NGN
200 SPRED
113.77  NGN
Exchange 200 SPRED for 113.77 NGN
500 SPRED
284.42  NGN
Exchange 500 SPRED for 284.42 NGN
1000 SPRED
568.84  NGN
Exchange 1000 SPRED for 568.84 NGN
5000 SPRED
2,844.21  NGN
Exchange 5000 SPRED for 2,844.21 NGN
10000 SPRED
5,688.42  NGN
Exchange 10000 SPRED for 5,688.42 NGN
In the table above, you'll find a comprehensive SPRED to NGN converter that shows the value of SPRED in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SPRED to NGN, all the way up to 10000 SPRED, providing a clear view of their respective values.
Nigerian Naira
SPRED
1 NGN
1.76 SPRED
Exchange 1 NGN for 1.76 SPRED
10 NGN
17.58 SPRED
Exchange 10 NGN for 17.58 SPRED
50 NGN
87.9 SPRED
Exchange 50 NGN for 87.9 SPRED
100 NGN
175.8 SPRED
Exchange 100 NGN for 175.8 SPRED
200 NGN
351.59 SPRED
Exchange 200 NGN for 351.59 SPRED
500 NGN
878.98 SPRED
Exchange 500 NGN for 878.98 SPRED
1000 NGN
1,757.96 SPRED
Exchange 1000 NGN for 1,757.96 SPRED
2000 NGN
3,515.92 SPRED
Exchange 2000 NGN for 3,515.92 SPRED
5000 NGN
8,789.79 SPRED
Exchange 5000 NGN for 8,789.79 SPRED
10000 NGN
17,579.59 SPRED
Exchange 10000 NGN for 17,579.59 SPRED
50000 NGN
87,897.95 SPRED
Exchange 50000 NGN for 87,897.95 SPRED
100000 NGN
175,795.89 SPRED
Exchange 100000 NGN for 175,795.89 SPRED
In the table above, you'll find a comprehensive NGN to SPRED converter that shows the value of Nigerian Naira in SPRED across commonly used conversion amounts. The list covers conversions from 1 NGN to SPRED, all the way up to 100000 NGN, providing a clear view of their respective values.

SPRED to NGN chart

SPRED/NGN: 1 SPRED = 0.5688 NGN; 2025/11/13 10:45:27
In the past 1D, SPRED has changed 0.00% to NGN. Based on the trend and price charts, SPRED(SPRED) has changed 0.00% to NGN while Nigerian Naira(NGN) has changed % to SPRED in the last 24 hours.
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SPRED to NGN conversion data: Volatility and price changes of SPRED in NGN

The highest SPRED price in NGN over the past 7 days was -- NGN while the lowest SPRED price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in SPRED price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SPRED 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 NGN
-- NGN
-- NGN
-- NGN
Low
0 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
--
--
--
--

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SPRED information

SPRED to NGN market statistics

SPRED/NGN:
₦0.5688
SPRED 24h volume:
--
SPRED market cap:
₦568,840,121.69
SPRED circulating supply:
1000.00M SPRED

Current SPRED to NGN exchange rate

SPRED to Nigerian Naira is falling this week.
SPRED's current market price is ₦0.5688 per SPRED, with a total market cap of ₦568,840,121.69 NGN based on a circulating supply of 999,997,600 SPRED. The trading volume of SPRED has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, SPRED's trading volume was ₦--.

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

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How to convert SPRED to NGN

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SPRED to NGN Conversion tables

The exchange rate of SPRED is decreasing.
The exchange rate of 1 SPRED to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 NGN and a low of 0 NGN . One month ago, the value of 1 SPRED was ₦-- NGN , which represents a --% change from its current value. Over the last year, SPRED has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 10:45 am today 24 hours ago 24h change
0.5 SPRED
₦0.2844₦--
0.00%
1 SPRED
₦0.5688₦--
0.00%
5 SPRED
₦2.84₦--
0.00%
10 SPRED
₦5.69₦--
0.00%
50 SPRED
₦28.44₦--
0.00%
100 SPRED
₦56.88₦--
0.00%
500 SPRED
₦284.42₦--
0.00%
1000 SPRED
₦568.84₦--
0.00%

SPRED to NGN FAQ

How much is 1 SPRED in NGN?
Right now, the price of 1 SPRED (SPRED) in Nigerian Naira (NGN) is ₦0.5688.
How much SPRED can I buy for 1 NGN?
Based on the current exchange rate, you can get 1.76 SPRED for 1 NGN.
How do I calculate or convert SPRED to NGN?
You can use our SPRED to NGN calculator at the top of this page to convert any amount of SPRED to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 8.79 SPRED, while 5 SPRED will cost around 2.84NGN.
What is the highest price of SPRED/NGN in history?
The all-time high price of 1 SPRED in NGN is --. It remains to be seen if the value of 1 SPRED/NGN will exceed the current all-time high.
What is the price trend of SPRED in NGN?
Over the past 7 days, the exchange rate of SPRED (SPRED) has gone down by --.   Over the last month, the exchange rate of SPRED (SPRED) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of SPRED to NGN?

There are many factors that affect the relationship between SPRED 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 SPRED/NGN. When there is positive news in the market about the widespread adoption of SPRED or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SPRED/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SPRED/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 SPRED/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 SPRED 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 SPRED currency pairs: SPRED to US Dollar (USD), SPRED to Euro (EUR), SPRED to Pound Sterling (GBP), SPRED to Canadian Dollar (CAD), SPRED to Indian Rupee (INR), SPRED to Pakistani Rupee (PKR), SPRED to Brazilian Real (BRL), SPRED to…
The price of SPRED in the US is $0.0003943 USD. Additionally, SPRED’s price is €0.0003398 EUR in the eurozone, £0.0003002 GBP in the UK, C$0.0005520 CAD in Canada, ₹0.03498 INR in India, ₨0.1107 PKR in Pakistan, R$0.002087 BRL in Brazil, and more.
The most popular SPRED currency pair is the SPRED to Nigerian Naira(NGN). The price of 1 SPRED (SPRED) in Nigerian Naira (NGN) is ₦0.5688.

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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.