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ABRA to NGN Converter and calculator

ABRA/NGN: 1 ABRA = 20.58 NGN. The price of converting 1 Cadabra Finance (ABRA) to Nigerian Naira (NGN) is 20.58 NGN today.
ABRA
ABRA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ABRA to NGN real-time exchange rates, making it easy to convert Cadabra Finance (ABRA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 ABRA is currently valued at 20.58 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ABRA is currently valued at 20.58 NGN, which means buying 5 ABRA would cost 102.88 NGN. Similarly, ₦1 NGN can be converted to 0.04860 ABRA, and ₦50 NGN can be converted to 0.2430 ABRA, excluding any platform or gas fees.

Convert ABRA to NGN

Convert NGN to ABRA

Cadabra Finance
Nigerian Naira
1 ABRA
20.58  NGN
Exchange 1 ABRA for 20.58 NGN
2 ABRA
41.15  NGN
Exchange 2 ABRA for 41.15 NGN
5 ABRA
102.88  NGN
Exchange 5 ABRA for 102.88 NGN
10 ABRA
205.76  NGN
Exchange 10 ABRA for 205.76 NGN
20 ABRA
411.53  NGN
Exchange 20 ABRA for 411.53 NGN
50 ABRA
1,028.82  NGN
Exchange 50 ABRA for 1,028.82 NGN
100 ABRA
2,057.64  NGN
Exchange 100 ABRA for 2,057.64 NGN
200 ABRA
4,115.27  NGN
Exchange 200 ABRA for 4,115.27 NGN
500 ABRA
10,288.19  NGN
Exchange 500 ABRA for 10,288.19 NGN
1000 ABRA
20,576.37  NGN
Exchange 1000 ABRA for 20,576.37 NGN
5000 ABRA
102,881.87  NGN
Exchange 5000 ABRA for 102,881.87 NGN
10000 ABRA
205,763.74  NGN
Exchange 10000 ABRA for 205,763.74 NGN
In the table above, you'll find a comprehensive ABRA to NGN converter that shows the value of Cadabra Finance in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 ABRA to NGN, all the way up to 10000 ABRA, providing a clear view of their respective values.
Nigerian Naira
Cadabra Finance
1 NGN
0.04860 ABRA
Exchange 1 NGN for 0.04860 ABRA
10 NGN
0.4860 ABRA
Exchange 10 NGN for 0.4860 ABRA
50 NGN
2.43 ABRA
Exchange 50 NGN for 2.43 ABRA
100 NGN
4.86 ABRA
Exchange 100 NGN for 4.86 ABRA
200 NGN
9.72 ABRA
Exchange 200 NGN for 9.72 ABRA
500 NGN
24.3 ABRA
Exchange 500 NGN for 24.3 ABRA
1000 NGN
48.6 ABRA
Exchange 1000 NGN for 48.6 ABRA
2000 NGN
97.2 ABRA
Exchange 2000 NGN for 97.2 ABRA
5000 NGN
243 ABRA
Exchange 5000 NGN for 243 ABRA
10000 NGN
485.99 ABRA
Exchange 10000 NGN for 485.99 ABRA
50000 NGN
2,429.97 ABRA
Exchange 50000 NGN for 2,429.97 ABRA
100000 NGN
4,859.94 ABRA
Exchange 100000 NGN for 4,859.94 ABRA
In the table above, you'll find a comprehensive NGN to ABRA converter that shows the value of Nigerian Naira in Cadabra Finance across commonly used conversion amounts. The list covers conversions from 1 NGN to ABRA, all the way up to 100000 NGN, providing a clear view of their respective values.

ABRA to NGN chart

ABRA/NGN: 1 ABRA = 20.58 NGN; 2025/08/15 21:58:42
In the past 1D, Cadabra Finance has changed -1.89% to NGN. Based on the trend and price charts, Cadabra Finance(ABRA) has changed -1.89% to NGN while Nigerian Naira(NGN) has changed % to ABRA in the last 24 hours.
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ABRA to NGN conversion data: Volatility and price changes of Cadabra Finance in NGN

The highest Cadabra Finance price in NGN over the past 7 days was 21.36 NGN while the lowest Cadabra Finance price in NGN over the past 7 days was 20.58 NGN. The relative change between the highs and lows in Cadabra Finance price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ABRA 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
20.97 NGN
21.36 NGN
22.54 NGN
514.04 NGN
Low
20.58 NGN
20.58 NGN
20.58 NGN
20.58 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-1.89%
-3.28%
-7.22%
-95.21%

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Cadabra Finance information

ABRA to NGN market statistics

ABRA/NGN:
₦20.58
ABRA 24h volume:
--
ABRA market cap:
--
ABRA circulating supply:
0 ABRA

Current ABRA to NGN exchange rate

Cadabra Finance to Nigerian Naira is falling this week.
Cadabra Finance's current market price is ₦20.58 per ABRA, with a total market cap of ₦0 NGN based on a circulating supply of -- ABRA. The trading volume of Cadabra Finance has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, ABRA's trading volume was ₦0.

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

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How to convert ABRA to NGN

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ABRA to NGN Conversion tables

The exchange rate of Cadabra Finance is decreasing.
The exchange rate of 1 ABRA to Nigerian Naira has changed by -3.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.89%, reaching a high of 20.97 NGN and a low of 20.58 NGN . One month ago, the value of 1 ABRA was ₦22.18 NGN , which represents a -7.22% change from its current value. Over the last year, Cadabra Finance has changed by
-
444.72NGN
, resulting in a change of -95.58% in its value.
24 hours ago1 month ago1 year ago
Amount 21:58 today 24 hours ago 24h change
0.5 ABRA
₦10.29₦10.49
-1.89%
1 ABRA
₦20.58₦20.97
-1.89%
5 ABRA
₦102.88₦104.86
-1.89%
10 ABRA
₦205.76₦209.73
-1.89%
50 ABRA
₦1,028.82₦1,048.65
-1.89%
100 ABRA
₦2,057.64₦2,097.3
-1.89%
500 ABRA
₦10,288.19₦10,486.5
-1.89%
1000 ABRA
₦20,576.37₦20,973
-1.89%

ABRA to NGN FAQ

How much is 1 Cadabra Finance in NGN?
Right now, the price of 1 Cadabra Finance (ABRA) in Nigerian Naira (NGN) is ₦20.58.
How much ABRA can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.04860 ABRA for 1 NGN.
How do I calculate or convert ABRA to NGN?
You can use our ABRA to NGN calculator at the top of this page to convert any amount of ABRA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.2430 ABRA, while 5 ABRA will cost around 102.88NGN.
What is the highest price of ABRA/NGN in history?
The all-time high price of 1 ABRA in NGN is ₦1,826.16. It remains to be seen if the value of 1 ABRA/NGN will exceed the current all-time high.
What is the price trend of Cadabra Finance in NGN?
Over the past 7 days, the exchange rate of Cadabra Finance (ABRA) has gone down by 3.28%.   Over the last month, the exchange rate of Cadabra Finance (ABRA) has gone down by 7.22% against Nigerian Naira (NGN).

What factors influence the conversion rate of ABRA to NGN?

There are many factors that affect the relationship between Cadabra Finance 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 ABRA/NGN. When there is positive news in the market about the widespread adoption of ABRA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ABRA/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ABRA/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 ABRA/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 Cadabra Finance 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 Cadabra Finance currency pairs: ABRA to US Dollar (USD), ABRA to Euro (EUR), ABRA to Pound Sterling (GBP), ABRA to Canadian Dollar (CAD), ABRA to Indian Rupee (INR), ABRA to Pakistani Rupee (PKR), ABRA to Brazilian Real (BRL), ABRA to…
The price of Cadabra Finance in the US is $0.01342 USD. Additionally, Cadabra Finance’s price is €0.01147 EUR in the eurozone, £0.009903 GBP in the UK, C$0.01855 CAD in Canada, ₹1.17 INR in India, ₨3.79 PKR in Pakistan, R$0.07249 BRL in Brazil, and more.
The most popular Cadabra Finance currency pair is the ABRA to Nigerian Naira(NGN). The price of 1 Cadabra Finance (ABRA) in Nigerian Naira (NGN) is ₦20.58.

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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.