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DFT to NGN Converter and calculator

DFT/NGN: 1 DFT = 0.7293 NGN. The price of converting 1 DraftCoin (DFT) to Nigerian Naira (NGN) is 0.7293 NGN today.
DFT
DFT
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DFT to NGN real-time exchange rates, making it easy to convert DraftCoin (DFT) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 DFT is currently valued at 0.7293 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DFT is currently valued at 0.7293 NGN, which means buying 5 DFT would cost 3.65 NGN. Similarly, ₦1 NGN can be converted to 1.37 DFT, and ₦50 NGN can be converted to 6.86 DFT, excluding any platform or gas fees.

Convert DFT to NGN

Convert NGN to DFT

DraftCoin
Nigerian Naira
1 DFT
0.7293  NGN
Exchange 1 DFT for 0.7293 NGN
2 DFT
1.46  NGN
Exchange 2 DFT for 1.46 NGN
5 DFT
3.65  NGN
Exchange 5 DFT for 3.65 NGN
10 DFT
7.29  NGN
Exchange 10 DFT for 7.29 NGN
20 DFT
14.59  NGN
Exchange 20 DFT for 14.59 NGN
50 DFT
36.46  NGN
Exchange 50 DFT for 36.46 NGN
100 DFT
72.93  NGN
Exchange 100 DFT for 72.93 NGN
200 DFT
145.86  NGN
Exchange 200 DFT for 145.86 NGN
500 DFT
364.64  NGN
Exchange 500 DFT for 364.64 NGN
1000 DFT
729.28  NGN
Exchange 1000 DFT for 729.28 NGN
5000 DFT
3,646.41  NGN
Exchange 5000 DFT for 3,646.41 NGN
10000 DFT
7,292.83  NGN
Exchange 10000 DFT for 7,292.83 NGN
In the table above, you'll find a comprehensive DFT to NGN converter that shows the value of DraftCoin in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 DFT to NGN, all the way up to 10000 DFT, providing a clear view of their respective values.
Nigerian Naira
DraftCoin
1 NGN
1.37 DFT
Exchange 1 NGN for 1.37 DFT
10 NGN
13.71 DFT
Exchange 10 NGN for 13.71 DFT
50 NGN
68.56 DFT
Exchange 50 NGN for 68.56 DFT
100 NGN
137.12 DFT
Exchange 100 NGN for 137.12 DFT
200 NGN
274.24 DFT
Exchange 200 NGN for 274.24 DFT
500 NGN
685.61 DFT
Exchange 500 NGN for 685.61 DFT
1000 NGN
1,371.21 DFT
Exchange 1000 NGN for 1,371.21 DFT
2000 NGN
2,742.42 DFT
Exchange 2000 NGN for 2,742.42 DFT
5000 NGN
6,856.05 DFT
Exchange 5000 NGN for 6,856.05 DFT
10000 NGN
13,712.11 DFT
Exchange 10000 NGN for 13,712.11 DFT
50000 NGN
68,560.53 DFT
Exchange 50000 NGN for 68,560.53 DFT
100000 NGN
137,121.06 DFT
Exchange 100000 NGN for 137,121.06 DFT
In the table above, you'll find a comprehensive NGN to DFT converter that shows the value of Nigerian Naira in DraftCoin across commonly used conversion amounts. The list covers conversions from 1 NGN to DFT, all the way up to 100000 NGN, providing a clear view of their respective values.

DFT to NGN chart

DFT/NGN: 1 DFT = 0.7293 NGN; 2025/10/04 02:55:00
In the past 1D, DraftCoin has changed +0.90% to NGN. Based on the trend and price charts, DraftCoin(DFT) has changed +0.90% to NGN while Nigerian Naira(NGN) has changed % to DFT in the last 24 hours.
1D7D1M3M1YAll

DFT to NGN conversion data: Volatility and price changes of DraftCoin in NGN

The highest DraftCoin price in NGN over the past 7 days was 0.7900 NGN while the lowest DraftCoin price in NGN over the past 7 days was 0.7076 NGN. The relative change between the highs and lows in DraftCoin price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and DFT 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
0.7293 NGN
0.7900 NGN
1.38 NGN
1.78 NGN
Low
0.7076 NGN
0.7076 NGN
0.7076 NGN
0.7076 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.90%
-7.69%
-47.22%
-52.88%

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Bitget P2P trading does not currently support direct buying of DFT with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy DFT with USDT via Bitget spot market.
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DraftCoin information

DFT to NGN market statistics

DFT/NGN:
₦0.7293
DFT 24h volume:
--
DFT market cap:
--
DFT circulating supply:
0 DFT

Current DFT to NGN exchange rate

DraftCoin to Nigerian Naira is falling this week.
DraftCoin's current market price is ₦0.7293 per DFT, with a total market cap of ₦0 NGN based on a circulating supply of -- DFT. The trading volume of DraftCoin has changed by -100.00% (₦-- NGN) in the last 24 hours. Last trading day, DFT's trading volume was ₦--.

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

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DFT to NGN Conversion tables

The exchange rate of DraftCoin is decreasing.
The exchange rate of 1 DFT to Nigerian Naira has changed by -7.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.90%, reaching a high of 0.7293 NGN and a low of 0.7076 NGN . One month ago, the value of 1 DFT was ₦1.38 NGN , which represents a -47.22% change from its current value. Over the last year, DraftCoin has changed by
-
0.3360NGN
, resulting in a change of -31.54% in its value.
24 hours ago1 month ago1 year ago
Amount 02:55 am today 24 hours ago 24h change
0.5 DFT
₦0.3646₦0.3614
+0.90%
1 DFT
₦0.7293₦0.7227
+0.90%
5 DFT
₦3.65₦3.61
+0.90%
10 DFT
₦7.29₦7.23
+0.90%
50 DFT
₦36.46₦36.14
+0.90%
100 DFT
₦72.93₦72.27
+0.90%
500 DFT
₦364.64₦361.37
+0.90%
1000 DFT
₦729.28₦722.75
+0.90%

DFT to NGN FAQ

How much is 1 DraftCoin in NGN?
Right now, the price of 1 DraftCoin (DFT) in Nigerian Naira (NGN) is ₦0.7293.
How much DFT can I buy for 1 NGN?
Based on the current exchange rate, you can get 1.37 DFT for 1 NGN.
How do I calculate or convert DFT to NGN?
You can use our DFT to NGN calculator at the top of this page to convert any amount of DFT to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 6.86 DFT, while 5 DFT will cost around 3.65NGN.
What is the highest price of DFT/NGN in history?
The all-time high price of 1 DFT in NGN is ₦10,736.21. It remains to be seen if the value of 1 DFT/NGN will exceed the current all-time high.
What is the price trend of DraftCoin in NGN?
Over the past 7 days, the exchange rate of DraftCoin (DFT) has gone down by 7.69%.   Over the last month, the exchange rate of DraftCoin (DFT) has gone down by 47.22% against Nigerian Naira (NGN).

What factors influence the conversion rate of DFT to NGN?

There are many factors that affect the relationship between DraftCoin 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 DFT/NGN. When there is positive news in the market about the widespread adoption of DFT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DFT/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DFT/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 DFT/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 DraftCoin 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 DraftCoin currency pairs: DFT to US Dollar (USD), DFT to Euro (EUR), DFT to Pound Sterling (GBP), DFT to Canadian Dollar (CAD), DFT to Indian Rupee (INR), DFT to Pakistani Rupee (PKR), DFT to Brazilian Real (BRL), DFT to…
The price of DraftCoin in the US is $0.0004956 USD. Additionally, DraftCoin’s price is €0.0004220 EUR in the eurozone, £0.0003677 GBP in the UK, C$0.0006921 CAD in Canada, ₹0.04398 INR in India, ₨0.1394 PKR in Pakistan, R$0.002645 BRL in Brazil, and more.
The most popular DraftCoin currency pair is the DFT to Nigerian Naira(NGN). The price of 1 DraftCoin (DFT) in Nigerian Naira (NGN) is ₦0.7293.

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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.