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CDX to NGN Converter and calculator

CDX/NGN: 1 CDX = 0.2143 NGN. The price of converting 1 CodeXchain (CDX) to Nigerian Naira (NGN) is 0.2143 NGN today.
CDX
CDX
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides CDX to NGN real-time exchange rates, making it easy to convert CodeXchain (CDX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 CDX is currently valued at 0.2143 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 CDX is currently valued at 0.2143 NGN, which means buying 5 CDX would cost 1.07 NGN. Similarly, ₦1 NGN can be converted to 4.67 CDX, and ₦50 NGN can be converted to 23.33 CDX, excluding any platform or gas fees.

Convert CDX to NGN

Convert NGN to CDX

CodeXchain
Nigerian Naira
5000 CDX
1,071.64  NGN
10000 CDX
2,143.27  NGN
In the table above, you'll find a comprehensive CDX to NGN converter that shows the value of CodeXchain in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 CDX to NGN, all the way up to 10000 CDX, providing a clear view of their respective values.
Nigerian Naira
CodeXchain
10000 NGN
46,657.67 CDX
50000 NGN
233,288.35 CDX
100000 NGN
466,576.7 CDX
In the table above, you'll find a comprehensive NGN to CDX converter that shows the value of Nigerian Naira in CodeXchain across commonly used conversion amounts. The list covers conversions from 1 NGN to CDX, all the way up to 100000 NGN, providing a clear view of their respective values.

CDX to NGN chart

CDX/NGN: 1 CDX = 0.2143 NGN; 2025/06/14 06:48:41
In the past 1D, CodeXchain has changed +0.74% to NGN. Based on the trend and price charts, CodeXchain(CDX) has changed +0.74% to NGN while Nigerian Naira(NGN) has changed % to CDX in the last 24 hours.
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CDX to NGN conversion data: Volatility and price changes of CodeXchain in NGN

The highest CodeXchain price in NGN over the past 7 days was 0.5966 NGN while the lowest CodeXchain price in NGN over the past 7 days was 0.1213 NGN. The relative change between the highs and lows in CodeXchain price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and CDX 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
0.2177 NGN
0.5966 NGN
1.46 NGN
2.12 NGN
Low
0.2111 NGN
0.1213 NGN
0.1213 NGN
0.1213 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.74%
-48.57%
-84.02%
-84.29%

CodeXchain information

CDX to NGN market statistics

CDX/NGN:
₦0.2143
CDX 24h volume:
--
CDX market cap:
--
CDX circulating supply:
0 CDX

Current CDX to NGN exchange rate

CodeXchain to Nigerian Naira is falling this week.
CodeXchain's current market price is ₦0.2143 per CDX, with a total market cap of ₦0 NGN based on a circulating supply of -- CDX. The trading volume of CodeXchain has changed by -100.00% (₦-- NGN) in the last 24 hours. Last trading day, CDX's trading volume was ₦--.

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

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How to convert CDX to NGN

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CDX to NGN Conversion tables

The exchange rate of CodeXchain is decreasing.
The exchange rate of 1 CDX to Nigerian Naira has changed by -48.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.74%, reaching a high of 0.2177 NGN and a low of 0.2111 NGN . One month ago, the value of 1 CDX was ₦1.34 NGN , which represents a -84.02% change from its current value. Over the last year, CodeXchain has changed by
-
8.52NGN
, resulting in a change of -97.54% in its value.
24 hours ago1 month ago1 year ago
Amount 06:48 am today 24 hours ago 24h change
0.5 CDX
₦0.1072₦0.1064
+0.74%
1 CDX
₦0.2143₦0.2128
+0.74%
5 CDX
₦1.07₦1.06
+0.74%
10 CDX
₦2.14₦2.13
+0.74%
50 CDX
₦10.72₦10.64
+0.74%
100 CDX
₦21.43₦21.28
+0.74%
500 CDX
₦107.16₦106.38
+0.74%
1000 CDX
₦214.33₦212.76
+0.74%

CDX to NGN FAQ

How much is 1 CodeXchain in NGN?
Right now, the price of 1 CodeXchain (CDX) in Nigerian Naira (NGN) is ₦0.2143.
How much CDX can I buy for 1 NGN?
Based on the current exchange rate, you can get 4.67 CDX for 1 NGN.
How do I calculate or convert CDX to NGN?
You can use our CDX to NGN calculator at the top of this page to convert any amount of CDX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 23.33 CDX, while 5 CDX will cost around 1.07NGN.
What is the highest price of CDX/NGN in history?
The all-time high price of 1 CDX in NGN is ₦175.85. It remains to be seen if the value of 1 CDX/NGN will exceed the current all-time high.
What is the price trend of CodeXchain in NGN?
Over the past 7 days, the exchange rate of CodeXchain (CDX) has gone down by 48.57%.   Over the last month, the exchange rate of CodeXchain (CDX) has gone down by 84.02% against Nigerian Naira (NGN).

What factors influence the conversion rate of CDX to NGN?

There are many factors that affect the relationship between CodeXchain 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 CDX/NGN. When there is positive news in the market about the widespread adoption of CDX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of CDX/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in CDX/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 CDX/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 CodeXchain 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 CodeXchain currency pairs: CDX to US Dollar (USD), CDX to Euro (EUR), CDX to Pound Sterling (GBP), CDX to Canadian Dollar (CAD), CDX to Indian Rupee (INR), CDX to Pakistani Rupee (PKR), CDX to Brazilian Real (BRL), CDX to…
The price of CodeXchain in the US is $0.0001390 USD. Additionally, CodeXchain’s price is €0.0001203 EUR in the eurozone, £0.0001024 GBP in the UK, C$0.0001888 CAD in Canada, ₹0.01197 INR in India, ₨0.03932 PKR in Pakistan, R$0.0007710 BRL in Brazil, and more.
The most popular CodeXchain currency pair is the CDX to Nigerian Naira(NGN). The price of 1 CodeXchain (CDX) in Nigerian Naira (NGN) is ₦0.2143.

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