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DDM to NGN Converter and calculator

DDM/NGN: 1 DDM = 1,584.18 NGN. The price of converting 1 Deutsche Mark (DDM) to Nigerian Naira (NGN) is 1,584.18 NGN today.
DDM
DDM
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DDM to NGN real-time exchange rates, making it easy to convert Deutsche Mark (DDM) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 DDM is currently valued at 1,584.18 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DDM is currently valued at 1,584.18 NGN, which means buying 5 DDM would cost 7,920.91 NGN. Similarly, ₦1 NGN can be converted to 0.0006312 DDM, and ₦50 NGN can be converted to 0.003156 DDM, excluding any platform or gas fees.

Convert DDM to NGN

Convert NGN to DDM

Deutsche Mark
Nigerian Naira
1 DDM
1,584.18  NGN
Exchange 1 DDM for 1,584.18 NGN
2 DDM
3,168.36  NGN
Exchange 2 DDM for 3,168.36 NGN
5 DDM
7,920.91  NGN
Exchange 5 DDM for 7,920.91 NGN
10 DDM
15,841.81  NGN
Exchange 10 DDM for 15,841.81 NGN
20 DDM
31,683.62  NGN
Exchange 20 DDM for 31,683.62 NGN
50 DDM
79,209.05  NGN
Exchange 50 DDM for 79,209.05 NGN
100 DDM
158,418.11  NGN
Exchange 100 DDM for 158,418.11 NGN
200 DDM
316,836.21  NGN
Exchange 200 DDM for 316,836.21 NGN
500 DDM
792,090.54  NGN
Exchange 500 DDM for 792,090.54 NGN
1000 DDM
1,584,181.07  NGN
Exchange 1000 DDM for 1,584,181.07 NGN
5000 DDM
7,920,905.37  NGN
Exchange 5000 DDM for 7,920,905.37 NGN
10000 DDM
15,841,810.74  NGN
Exchange 10000 DDM for 15,841,810.74 NGN
In the table above, you'll find a comprehensive DDM to NGN converter that shows the value of Deutsche Mark in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 DDM to NGN, all the way up to 10000 DDM, providing a clear view of their respective values.
Nigerian Naira
Deutsche Mark
1 NGN
0.0006312 DDM
Exchange 1 NGN for 0.0006312 DDM
10 NGN
0.006312 DDM
Exchange 10 NGN for 0.006312 DDM
50 NGN
0.03156 DDM
Exchange 50 NGN for 0.03156 DDM
100 NGN
0.06312 DDM
Exchange 100 NGN for 0.06312 DDM
200 NGN
0.1262 DDM
Exchange 200 NGN for 0.1262 DDM
500 NGN
0.3156 DDM
Exchange 500 NGN for 0.3156 DDM
1000 NGN
0.6312 DDM
Exchange 1000 NGN for 0.6312 DDM
2000 NGN
1.26 DDM
Exchange 2000 NGN for 1.26 DDM
5000 NGN
3.16 DDM
Exchange 5000 NGN for 3.16 DDM
10000 NGN
6.31 DDM
Exchange 10000 NGN for 6.31 DDM
50000 NGN
31.56 DDM
Exchange 50000 NGN for 31.56 DDM
100000 NGN
63.12 DDM
Exchange 100000 NGN for 63.12 DDM
In the table above, you'll find a comprehensive NGN to DDM converter that shows the value of Nigerian Naira in Deutsche Mark across commonly used conversion amounts. The list covers conversions from 1 NGN to DDM, all the way up to 100000 NGN, providing a clear view of their respective values.

DDM to NGN chart

DDM/NGN: 1 DDM = 1,584.18 NGN; 2025/08/15 22:03:25
In the past 1D, Deutsche Mark has changed +0.00% to NGN. Based on the trend and price charts, Deutsche Mark(DDM) has changed +0.00% to NGN while Nigerian Naira(NGN) has changed % to DDM in the last 24 hours.
1D7D1M3M1YAll

DDM to NGN conversion data: Volatility and price changes of Deutsche Mark in NGN

The highest Deutsche Mark price in NGN over the past 7 days was 1,590.45 NGN while the lowest Deutsche Mark price in NGN over the past 7 days was 1,580.59 NGN. The relative change between the highs and lows in Deutsche Mark price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and DDM 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
1,590.45 NGN
1,590.45 NGN
1,595.54 NGN
1,597.35 NGN
Low
1,581.58 NGN
1,580.59 NGN
1,579.7 NGN
1,579.7 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.00%
+0.01%
-0.09%
-0.02%

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Deutsche Mark information

DDM to NGN market statistics

DDM/NGN:
₦1,584.18
DDM 24h volume:
--
DDM market cap:
--
DDM circulating supply:
0 DDM

Current DDM to NGN exchange rate

Deutsche Mark to Nigerian Naira is rising this week.
Deutsche Mark's current market price is ₦1,584.18 per DDM, with a total market cap of ₦0 NGN based on a circulating supply of -- DDM. The trading volume of Deutsche Mark has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, DDM's trading volume was ₦0.

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

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How to convert DDM to NGN

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DDM to NGN Conversion tables

The exchange rate of Deutsche Mark is decreasing.
The exchange rate of 1 DDM to Nigerian Naira has changed by +0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 1,590.45 NGN and a low of 1,581.58 NGN . One month ago, the value of 1 DDM was ₦1,585.63 NGN , which represents a -0.09% change from its current value. Over the last year, Deutsche Mark has changed by
+
51.46NGN
, resulting in a change of -0.07% in its value.
24 hours ago1 month ago1 year ago
Amount 22:03 today 24 hours ago 24h change
0.5 DDM
₦792.09₦792.07
+0.00%
1 DDM
₦1,584.18₦1,584.14
+0.00%
5 DDM
₦7,920.91₦7,920.69
+0.00%
10 DDM
₦15,841.81₦15,841.39
+0.00%
50 DDM
₦79,209.05₦79,206.93
+0.00%
100 DDM
₦158,418.11₦158,413.86
+0.00%
500 DDM
₦792,090.54₦792,069.31
+0.00%
1000 DDM
₦1,584,181.07₦1,584,138.62
+0.00%

DDM to NGN FAQ

How much is 1 Deutsche Mark in NGN?
Right now, the price of 1 Deutsche Mark (DDM) in Nigerian Naira (NGN) is ₦1,584.18.
How much DDM can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.0006312 DDM for 1 NGN.
How do I calculate or convert DDM to NGN?
You can use our DDM to NGN calculator at the top of this page to convert any amount of DDM to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.003156 DDM, while 5 DDM will cost around 7,920.91NGN.
What is the highest price of DDM/NGN in history?
The all-time high price of 1 DDM in NGN is ₦1,597.35. It remains to be seen if the value of 1 DDM/NGN will exceed the current all-time high.
What is the price trend of Deutsche Mark in NGN?
Over the past 7 days, the exchange rate of Deutsche Mark (DDM) has gone up by 0.01%.   Over the last month, the exchange rate of Deutsche Mark (DDM) has gone down by 0.09% against Nigerian Naira (NGN).

What factors influence the conversion rate of DDM to NGN?

There are many factors that affect the relationship between Deutsche Mark 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 DDM/NGN. When there is positive news in the market about the widespread adoption of DDM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DDM/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DDM/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 DDM/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 Deutsche Mark 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 Deutsche Mark currency pairs: DDM to US Dollar (USD), DDM to Euro (EUR), DDM to Pound Sterling (GBP), DDM to Canadian Dollar (CAD), DDM to Indian Rupee (INR), DDM to Pakistani Rupee (PKR), DDM to Brazilian Real (BRL), DDM to…
The price of Deutsche Mark in the US is $1.03 USD. Additionally, Deutsche Mark’s price is €0.8831 EUR in the eurozone, £0.7625 GBP in the UK, C$1.43 CAD in Canada, ₹90.45 INR in India, ₨291.73 PKR in Pakistan, R$5.58 BRL in Brazil, and more.
The most popular Deutsche Mark currency pair is the DDM to Nigerian Naira(NGN). The price of 1 Deutsche Mark (DDM) in Nigerian Naira (NGN) is ₦1,584.18.

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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.