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ABI to NGN Converter and calculator

ABI/NGN: 1 ABI = 0.01895 NGN. The price of converting 1 Abi (ABI) to Nigerian Naira (NGN) is 0.01895 NGN today.
ABI
ABI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ABI to NGN real-time exchange rates, making it easy to convert Abi (ABI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 ABI is currently valued at 0.01895 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ABI is currently valued at 0.01895 NGN, which means buying 5 ABI would cost 0.09474 NGN. Similarly, ₦1 NGN can be converted to 52.78 ABI, and ₦50 NGN can be converted to 263.88 ABI, excluding any platform or gas fees.

Convert ABI to NGN

Convert NGN to ABI

Abi
Nigerian Naira
1 ABI
0.01895  NGN
Exchange 1 ABI for 0.01895 NGN
2 ABI
0.03790  NGN
Exchange 2 ABI for 0.03790 NGN
5 ABI
0.09474  NGN
Exchange 5 ABI for 0.09474 NGN
10 ABI
0.1895  NGN
Exchange 10 ABI for 0.1895 NGN
20 ABI
0.3790  NGN
Exchange 20 ABI for 0.3790 NGN
50 ABI
0.9474  NGN
Exchange 50 ABI for 0.9474 NGN
100 ABI
1.89  NGN
Exchange 100 ABI for 1.89 NGN
200 ABI
3.79  NGN
Exchange 200 ABI for 3.79 NGN
500 ABI
9.47  NGN
Exchange 500 ABI for 9.47 NGN
1000 ABI
18.95  NGN
Exchange 1000 ABI for 18.95 NGN
5000 ABI
94.74  NGN
Exchange 5000 ABI for 94.74 NGN
10000 ABI
189.48  NGN
Exchange 10000 ABI for 189.48 NGN
In the table above, you'll find a comprehensive ABI to NGN converter that shows the value of Abi in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 ABI to NGN, all the way up to 10000 ABI, providing a clear view of their respective values.
Nigerian Naira
Abi
1 NGN
52.78 ABI
Exchange 1 NGN for 52.78 ABI
10 NGN
527.76 ABI
Exchange 10 NGN for 527.76 ABI
50 NGN
2,638.8 ABI
Exchange 50 NGN for 2,638.8 ABI
100 NGN
5,277.61 ABI
Exchange 100 NGN for 5,277.61 ABI
200 NGN
10,555.22 ABI
Exchange 200 NGN for 10,555.22 ABI
500 NGN
26,388.04 ABI
Exchange 500 NGN for 26,388.04 ABI
1000 NGN
52,776.08 ABI
Exchange 1000 NGN for 52,776.08 ABI
2000 NGN
105,552.16 ABI
Exchange 2000 NGN for 105,552.16 ABI
5000 NGN
263,880.39 ABI
Exchange 5000 NGN for 263,880.39 ABI
10000 NGN
527,760.79 ABI
Exchange 10000 NGN for 527,760.79 ABI
50000 NGN
2,638,803.94 ABI
Exchange 50000 NGN for 2,638,803.94 ABI
100000 NGN
5,277,607.88 ABI
Exchange 100000 NGN for 5,277,607.88 ABI
In the table above, you'll find a comprehensive NGN to ABI converter that shows the value of Nigerian Naira in Abi across commonly used conversion amounts. The list covers conversions from 1 NGN to ABI, all the way up to 100000 NGN, providing a clear view of their respective values.

ABI to NGN chart

ABI/NGN: 1 ABI = 0.01895 NGN; 2025/08/15 19:07:40
In the past 1D, Abi has changed -9.36% to NGN. Based on the trend and price charts, Abi(ABI) has changed -9.36% to NGN while Nigerian Naira(NGN) has changed % to ABI in the last 24 hours.
1D7D1M3M1YAll

ABI to NGN conversion data: Volatility and price changes of Abi in NGN

The highest Abi price in NGN over the past 7 days was 0.02203 NGN while the lowest Abi price in NGN over the past 7 days was 0.01848 NGN. The relative change between the highs and lows in Abi price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ABI 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
0.02090 NGN
0.02203 NGN
0.03507 NGN
0.04813 NGN
Low
0.01895 NGN
0.01848 NGN
0.01786 NGN
0.01786 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-9.36%
-6.53%
-37.40%
-28.88%

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Bitget P2P trading does not currently support direct buying of ABI with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy ABI with USDT via Bitget spot market.
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Abi information

ABI to NGN market statistics

ABI/NGN:
₦0.01895
ABI 24h volume:
--
ABI market cap:
--
ABI circulating supply:
0 ABI

Current ABI to NGN exchange rate

Abi to Nigerian Naira is falling this week.
Abi's current market price is ₦0.01895 per ABI, with a total market cap of ₦0 NGN based on a circulating supply of -- ABI. The trading volume of Abi has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, ABI's trading volume was ₦0.

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

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ABI to NGN Conversion tables

The exchange rate of Abi is decreasing.
The exchange rate of 1 ABI to Nigerian Naira has changed by -6.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.36%, reaching a high of 0.02090 NGN and a low of 0.01895 NGN . One month ago, the value of 1 ABI was ₦0.03027 NGN , which represents a -37.40% change from its current value. Over the last year, Abi has changed by
-
46.68NGN
, resulting in a change of -99.96% in its value.
24 hours ago1 month ago1 year ago
Amount 19:07 today 24 hours ago 24h change
0.5 ABI
₦0.009474₦0.01045
-9.36%
1 ABI
₦0.01895₦0.02090
-9.36%
5 ABI
₦0.09474₦0.1045
-9.36%
10 ABI
₦0.1895₦0.2090
-9.36%
50 ABI
₦0.9474₦1.05
-9.36%
100 ABI
₦1.89₦2.09
-9.36%
500 ABI
₦9.47₦10.45
-9.36%
1000 ABI
₦18.95₦20.9
-9.36%

ABI to NGN FAQ

How much is 1 Abi in NGN?
Right now, the price of 1 Abi (ABI) in Nigerian Naira (NGN) is ₦0.01895.
How much ABI can I buy for 1 NGN?
Based on the current exchange rate, you can get 52.78 ABI for 1 NGN.
How do I calculate or convert ABI to NGN?
You can use our ABI to NGN calculator at the top of this page to convert any amount of ABI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 263.88 ABI, while 5 ABI will cost around 0.09474NGN.
What is the highest price of ABI/NGN in history?
The all-time high price of 1 ABI in NGN is ₦210.98. It remains to be seen if the value of 1 ABI/NGN will exceed the current all-time high.
What is the price trend of Abi in NGN?
Over the past 7 days, the exchange rate of Abi (ABI) has gone down by 6.53%.   Over the last month, the exchange rate of Abi (ABI) has gone down by 37.40% against Nigerian Naira (NGN).

What factors influence the conversion rate of ABI to NGN?

There are many factors that affect the relationship between Abi 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 ABI/NGN. When there is positive news in the market about the widespread adoption of ABI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ABI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ABI/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 ABI/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 Abi 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 Abi currency pairs: ABI to US Dollar (USD), ABI to Euro (EUR), ABI to Pound Sterling (GBP), ABI to Canadian Dollar (CAD), ABI to Indian Rupee (INR), ABI to Pakistani Rupee (PKR), ABI to Brazilian Real (BRL), ABI to…
The price of Abi in the US is $0.{4}1235 USD. Additionally, Abi’s price is €0.{4}1055 EUR in the eurozone, £0.{5}9104 GBP in the UK, C$0.{4}1705 CAD in Canada, ₹0.001080 INR in India, ₨0.003502 PKR in Pakistan, R$0.{4}6663 BRL in Brazil, and more.
The most popular Abi currency pair is the ABI to Nigerian Naira(NGN). The price of 1 Abi (ABI) in Nigerian Naira (NGN) is ₦0.01895.

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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.