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COCONUT to NGN Converter and calculator

COCONUT/NGN: 1 COCONUT = 0.03362 NGN. The price of converting 1 Coconut (COCONUT) to Nigerian Naira (NGN) is 0.03362 NGN today.
COCONUT
COCONUT
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides COCONUT to NGN real-time exchange rates, making it easy to convert Coconut (COCONUT) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 COCONUT is currently valued at 0.03362 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 COCONUT is currently valued at 0.03362 NGN, which means buying 5 COCONUT would cost 0.1681 NGN. Similarly, ₦1 NGN can be converted to 29.74 COCONUT, and ₦50 NGN can be converted to 148.71 COCONUT, excluding any platform or gas fees.

Convert COCONUT to NGN

Convert NGN to COCONUT

Coconut
Nigerian Naira
1 COCONUT
0.03362  NGN
2 COCONUT
0.06725  NGN
5 COCONUT
0.1681  NGN
10 COCONUT
0.3362  NGN
20 COCONUT
0.6725  NGN
100 COCONUT
3.36  NGN
200 COCONUT
6.72  NGN
500 COCONUT
16.81  NGN
1000 COCONUT
33.62  NGN
5000 COCONUT
168.12  NGN
10000 COCONUT
336.23  NGN
In the table above, you'll find a comprehensive COCONUT to NGN converter that shows the value of Coconut in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 COCONUT to NGN, all the way up to 10000 COCONUT, providing a clear view of their respective values.
Nigerian Naira
Coconut
50 NGN
1,487.07 COCONUT
100 NGN
2,974.14 COCONUT
200 NGN
5,948.28 COCONUT
500 NGN
14,870.69 COCONUT
1000 NGN
29,741.38 COCONUT
2000 NGN
59,482.77 COCONUT
5000 NGN
148,706.92 COCONUT
10000 NGN
297,413.84 COCONUT
50000 NGN
1,487,069.21 COCONUT
100000 NGN
2,974,138.42 COCONUT
In the table above, you'll find a comprehensive NGN to COCONUT converter that shows the value of Nigerian Naira in Coconut across commonly used conversion amounts. The list covers conversions from 1 NGN to COCONUT, all the way up to 100000 NGN, providing a clear view of their respective values.

COCONUT to NGN chart

COCONUT/NGN: 1 COCONUT = 0.03362 NGN; 2025/06/13 17:07:06
In the past 1D, Coconut has changed -9.97% to NGN. Based on the trend and price charts, Coconut(COCONUT) has changed -9.97% to NGN while Nigerian Naira(NGN) has changed % to COCONUT in the last 24 hours.
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COCONUT to NGN conversion data: Volatility and price changes of Coconut in NGN

The highest Coconut price in NGN over the past 7 days was 0.03481 NGN while the lowest Coconut price in NGN over the past 7 days was 0.03252 NGN. The relative change between the highs and lows in Coconut price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and COCONUT 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
0.03481 NGN
0.03481 NGN
0.03785 NGN
0.03785 NGN
Low
0.03252 NGN
0.03252 NGN
0.03135 NGN
0.02338 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-9.97%
-12.58%
+18.58%
+5.85%

Coconut information

COCONUT to NGN market statistics

COCONUT/NGN:
₦0.03362
COCONUT 24h volume:
--
COCONUT market cap:
--
COCONUT circulating supply:
0 COCONUT

Current COCONUT to NGN exchange rate

Coconut to Nigerian Naira is rising this week.
Coconut's current market price is ₦0.03362 per COCONUT, with a total market cap of ₦0 NGN based on a circulating supply of -- COCONUT. The trading volume of Coconut has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, COCONUT's trading volume was ₦0.

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

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How to convert COCONUT to NGN

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1 COCONUT to $0.{4}2169 USD
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1 COCONUT to R$0.0001204 BRL

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COCONUT to NGN Conversion tables

The exchange rate of Coconut is increasing.
The exchange rate of 1 COCONUT to Nigerian Naira has changed by -12.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.97%, reaching a high of 0.03481 NGN and a low of 0.03252 NGN . One month ago, the value of 1 COCONUT was ₦0.02829 NGN , which represents a +18.58% change from its current value. Over the last year, Coconut has changed by
-
13.59NGN
, resulting in a change of -99.75% in its value.
24 hours ago1 month ago1 year ago
Amount 17:07 today 24 hours ago 24h change
0.5 COCONUT
₦0.01681₦0.01870
-9.97%
1 COCONUT
₦0.03362₦0.03740
-9.97%
5 COCONUT
₦0.1681₦0.1870
-9.97%
10 COCONUT
₦0.3362₦0.3740
-9.97%
50 COCONUT
₦1.68₦1.87
-9.97%
100 COCONUT
₦3.36₦3.74
-9.97%
500 COCONUT
₦16.81₦18.7
-9.97%
1000 COCONUT
₦33.62₦37.4
-9.97%

COCONUT to NGN FAQ

How much is 1 Coconut in NGN?
Right now, the price of 1 Coconut (COCONUT) in Nigerian Naira (NGN) is ₦0.03362.
How much COCONUT can I buy for 1 NGN?
Based on the current exchange rate, you can get 29.74 COCONUT for 1 NGN.
How do I calculate or convert COCONUT to NGN?
You can use our COCONUT to NGN calculator at the top of this page to convert any amount of COCONUT to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 148.71 COCONUT, while 5 COCONUT will cost around 0.1681NGN.
What is the highest price of COCONUT/NGN in history?
The all-time high price of 1 COCONUT in NGN is ₦21.07. It remains to be seen if the value of 1 COCONUT/NGN will exceed the current all-time high.
What is the price trend of Coconut in NGN?
Over the past 7 days, the exchange rate of Coconut (COCONUT) has gone down by 12.58%.   Over the last month, the exchange rate of Coconut (COCONUT) has gone up by 18.58% against Nigerian Naira (NGN).

What factors influence the conversion rate of COCONUT to NGN?

There are many factors that affect the relationship between Coconut 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 COCONUT/NGN. When there is positive news in the market about the widespread adoption of COCONUT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of COCONUT/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in COCONUT/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 COCONUT/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 Coconut 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 Coconut currency pairs: COCONUT to US Dollar (USD), COCONUT to Euro (EUR), COCONUT to Pound Sterling (GBP), COCONUT to Canadian Dollar (CAD), COCONUT to Indian Rupee (INR), COCONUT to Pakistani Rupee (PKR), COCONUT to Brazilian Real (BRL), COCONUT to…
The price of Coconut in the US is $0.{4}2169 USD. Additionally, Coconut’s price is €0.{4}1879 EUR in the eurozone, £0.{4}1598 GBP in the UK, C$0.{4}2948 CAD in Canada, ₹0.001868 INR in India, ₨0.006130 PKR in Pakistan, R$0.0001204 BRL in Brazil, and more.
The most popular Coconut currency pair is the COCONUT to Nigerian Naira(NGN). The price of 1 Coconut (COCONUT) in Nigerian Naira (NGN) is ₦0.03362.

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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.