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CATEX to NGN Converter and calculator

CATEX/NGN: 1 CATEX = 0.{4}7516 NGN. The price of converting 1 CATEX (CATEX) to Nigerian Naira (NGN) is 0.{4}7516 NGN today.
CATEX
CATEX
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides CATEX to NGN real-time exchange rates, making it easy to convert CATEX (CATEX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 CATEX is currently valued at 0.{4}7516 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 CATEX is currently valued at 0.{4}7516 NGN, which means buying 5 CATEX would cost 0.0003758 NGN. Similarly, ₦1 NGN can be converted to 13,305.25 CATEX, and ₦50 NGN can be converted to 66,526.23 CATEX, excluding any platform or gas fees.

Convert CATEX to NGN

Convert NGN to CATEX

CATEX
Nigerian Naira
1 CATEX
0.{4}7516  NGN
2 CATEX
0.0001503  NGN
5 CATEX
0.0003758  NGN
10 CATEX
0.0007516  NGN
20 CATEX
0.001503  NGN
50 CATEX
0.003758  NGN
100 CATEX
0.007516  NGN
200 CATEX
0.01503  NGN
500 CATEX
0.03758  NGN
1000 CATEX
0.07516  NGN
5000 CATEX
0.3758  NGN
10000 CATEX
0.7516  NGN
In the table above, you'll find a comprehensive CATEX to NGN converter that shows the value of CATEX in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 CATEX to NGN, all the way up to 10000 CATEX, providing a clear view of their respective values.
Nigerian Naira
CATEX
10 NGN
133,052.45 CATEX
50 NGN
665,262.25 CATEX
100 NGN
1,330,524.51 CATEX
200 NGN
2,661,049.02 CATEX
500 NGN
6,652,622.54 CATEX
1000 NGN
13,305,245.09 CATEX
2000 NGN
26,610,490.18 CATEX
5000 NGN
66,526,225.45 CATEX
10000 NGN
133,052,450.9 CATEX
50000 NGN
665,262,254.5 CATEX
100000 NGN
1,330,524,509 CATEX
In the table above, you'll find a comprehensive NGN to CATEX converter that shows the value of Nigerian Naira in CATEX across commonly used conversion amounts. The list covers conversions from 1 NGN to CATEX, all the way up to 100000 NGN, providing a clear view of their respective values.

CATEX to NGN chart

CATEX/NGN: 1 CATEX = 0.{4}7516 NGN; 2025/06/26 14:53:30
In the past 1D, CATEX has changed +455.38% to NGN. Based on the trend and price charts, CATEX(CATEX) has changed +455.38% to NGN while Nigerian Naira(NGN) has changed % to CATEX in the last 24 hours.
1D7D1M3M1YAll

CATEX to NGN conversion data: Volatility and price changes of CATEX in NGN

The highest CATEX price in NGN over the past 7 days was 0.0004100 NGN while the lowest CATEX price in NGN over the past 7 days was 0.{4}6924 NGN. The relative change between the highs and lows in CATEX price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and CATEX 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
0.0004100 NGN
0.0004100 NGN
0.0004569 NGN
0.0006863 NGN
Low
0.{4}7301 NGN
0.{4}6924 NGN
0.{4}5795 NGN
0.{4}3440 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+455.38%
+483.94%
-6.17%
-38.29%

CATEX information

CATEX to NGN market statistics

CATEX/NGN:
₦0.{4}7516
CATEX 24h volume:
--
CATEX market cap:
--
CATEX circulating supply:
0 CATEX

Current CATEX to NGN exchange rate

CATEX to Nigerian Naira is rising this week.
CATEX's current market price is ₦0.{4}7516 per CATEX, with a total market cap of ₦0 NGN based on a circulating supply of -- CATEX. The trading volume of CATEX has changed by -100.00% (₦-- NGN) in the last 24 hours. Last trading day, CATEX's trading volume was ₦--.

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

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How to convert CATEX to NGN

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Bitget P2P trading does not currently support direct buying of CATEX with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy CATEX with USDT via Bitget spot market.
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CATEX to NGN Conversion tables

The exchange rate of CATEX is decreasing.
The exchange rate of 1 CATEX to Nigerian Naira has changed by +483.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by +455.38%, reaching a high of 0.0004100 NGN and a low of 0.{4}7301 NGN . One month ago, the value of 1 CATEX was ₦0.0001021 NGN , which represents a -6.17% change from its current value. Over the last year, CATEX has changed by
-
0.006662NGN
, resulting in a change of -94.20% in its value.
24 hours ago1 month ago1 year ago
Amount 14:53 today 24 hours ago 24h change
0.5 CATEX
₦0.{4}3758₦-0.0001305
+455.38%
1 CATEX
₦0.{4}7516₦-0.0002610
+455.38%
5 CATEX
₦0.0003758₦-0.001305
+455.38%
10 CATEX
₦0.0007516₦-0.002610
+455.38%
50 CATEX
₦0.003758₦-0.01305
+455.38%
100 CATEX
₦0.007516₦-0.02610
+455.38%
500 CATEX
₦0.03758₦-0.1305
+455.38%
1000 CATEX
₦0.07516₦-0.2610
+455.38%

CATEX to NGN FAQ

How much is 1 CATEX in NGN?
Right now, the price of 1 CATEX (CATEX) in Nigerian Naira (NGN) is ₦0.{4}7516.
How much CATEX can I buy for 1 NGN?
Based on the current exchange rate, you can get 13,305.25 CATEX for 1 NGN.
How do I calculate or convert CATEX to NGN?
You can use our CATEX to NGN calculator at the top of this page to convert any amount of CATEX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 66,526.23 CATEX, while 5 CATEX will cost around 0.0003758NGN.
What is the highest price of CATEX/NGN in history?
The all-time high price of 1 CATEX in NGN is ₦0.02111. It remains to be seen if the value of 1 CATEX/NGN will exceed the current all-time high.
What is the price trend of CATEX in NGN?
Over the past 7 days, the exchange rate of CATEX (CATEX) has gone up by 483.94%.   Over the last month, the exchange rate of CATEX (CATEX) has gone down by 6.17% against Nigerian Naira (NGN).

What factors influence the conversion rate of CATEX to NGN?

There are many factors that affect the relationship between CATEX 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 CATEX/NGN. When there is positive news in the market about the widespread adoption of CATEX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of CATEX/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in CATEX/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 CATEX/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 CATEX 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 CATEX currency pairs: CATEX to US Dollar (USD), CATEX to Euro (EUR), CATEX to Pound Sterling (GBP), CATEX to Canadian Dollar (CAD), CATEX to Indian Rupee (INR), CATEX to Pakistani Rupee (PKR), CATEX to Brazilian Real (BRL), CATEX to…
The price of CATEX in the US is $0.{7}4855 USD. Additionally, CATEX’s price is €0.{7}4152 EUR in the eurozone, £0.{7}3542 GBP in the UK, C$0.{7}6647 CAD in Canada, ₹0.{5}4163 INR in India, ₨0.{4}1378 PKR in Pakistan, R$0.{6}2698 BRL in Brazil, and more.
The most popular CATEX currency pair is the CATEX to Nigerian Naira(NGN). The price of 1 CATEX (CATEX) in Nigerian Naira (NGN) is ₦0.{4}7516.

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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.