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HIBS to NGN Converter and calculator

HIBS/NGN: 1 HIBS = 0.005440 NGN. The price of converting 1 Hiblocks (HIBS) to Nigerian Naira (NGN) is 0.005440 NGN today.
HIBS
HIBS
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides HIBS to NGN real-time exchange rates, making it easy to convert Hiblocks (HIBS) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 HIBS is currently valued at 0.005440 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 HIBS is currently valued at 0.005440 NGN, which means buying 5 HIBS would cost 0.02720 NGN. Similarly, ₦1 NGN can be converted to 183.83 HIBS, and ₦50 NGN can be converted to 919.15 HIBS, excluding any platform or gas fees.

Convert HIBS to NGN

Convert NGN to HIBS

Hiblocks
Nigerian Naira
In the table above, you'll find a comprehensive HIBS to NGN converter that shows the value of Hiblocks in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 HIBS to NGN, all the way up to 10000 HIBS, providing a clear view of their respective values.
Nigerian Naira
Hiblocks
1000 NGN
183,829.26 HIBS
2000 NGN
367,658.52 HIBS
5000 NGN
919,146.31 HIBS
10000 NGN
1,838,292.62 HIBS
50000 NGN
9,191,463.08 HIBS
100000 NGN
18,382,926.15 HIBS
In the table above, you'll find a comprehensive NGN to HIBS converter that shows the value of Nigerian Naira in Hiblocks across commonly used conversion amounts. The list covers conversions from 1 NGN to HIBS, all the way up to 100000 NGN, providing a clear view of their respective values.

HIBS to NGN chart

HIBS/NGN: 1 HIBS = 0.005440 NGN; 2025/06/24 01:07:48
In the past 1D, Hiblocks has changed +2.70% to NGN. Based on the trend and price charts, Hiblocks(HIBS) has changed +2.70% to NGN while Nigerian Naira(NGN) has changed % to HIBS in the last 24 hours.
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HIBS to NGN conversion data: Volatility and price changes of Hiblocks in NGN

The highest Hiblocks price in NGN over the past 7 days was 0.005599 NGN while the lowest Hiblocks price in NGN over the past 7 days was 0.005243 NGN. The relative change between the highs and lows in Hiblocks price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and HIBS 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
0.005445 NGN
0.005599 NGN
0.007496 NGN
0.02158 NGN
Low
0.005243 NGN
0.005243 NGN
0.005273 NGN
0.005243 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+2.70%
-2.45%
-27.44%
-16.89%

Hiblocks information

HIBS to NGN market statistics

HIBS/NGN:
₦0.005440
HIBS 24h volume:
₦90,071,532.14
HIBS market cap:
₦54,868,546.33
HIBS circulating supply:
10.09B HIBS

Current HIBS to NGN exchange rate

Hiblocks to Nigerian Naira is falling this week.
Hiblocks's current market price is ₦0.005440 per HIBS, with a total market cap of ₦54,868,546.33 NGN based on a circulating supply of 10,086,445,000 HIBS. The trading volume of Hiblocks has changed by +0.82% (₦730,984.36 NGN) in the last 24 hours. Last trading day, HIBS's trading volume was ₦89,340,547.78.

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

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How to convert HIBS to NGN

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

The exchange rate of Hiblocks is decreasing.
The exchange rate of 1 HIBS to Nigerian Naira has changed by -2.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.70%, reaching a high of 0.005445 NGN and a low of 0.005243 NGN . One month ago, the value of 1 HIBS was ₦0.007496 NGN , which represents a -27.44% change from its current value. Over the last year, Hiblocks has changed by
-
0.1744NGN
, resulting in a change of -96.98% in its value.
24 hours ago1 month ago1 year ago
Amount 01:07 am today 24 hours ago 24h change
0.5 HIBS
₦0.002720₦0.002648
+2.70%
1 HIBS
₦0.005440₦0.005297
+2.70%
5 HIBS
₦0.02720₦0.02648
+2.70%
10 HIBS
₦0.05440₦0.05297
+2.70%
50 HIBS
₦0.2720₦0.2648
+2.70%
100 HIBS
₦0.5440₦0.5297
+2.70%
500 HIBS
₦2.72₦2.65
+2.70%
1000 HIBS
₦5.44₦5.3
+2.70%

HIBS to NGN FAQ

How much is 1 Hiblocks in NGN?
Right now, the price of 1 Hiblocks (HIBS) in Nigerian Naira (NGN) is ₦0.005440.
How much HIBS can I buy for 1 NGN?
Based on the current exchange rate, you can get 183.83 HIBS for 1 NGN.
How do I calculate or convert HIBS to NGN?
You can use our HIBS to NGN calculator at the top of this page to convert any amount of HIBS to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 919.15 HIBS, while 5 HIBS will cost around 0.02720NGN.
What is the highest price of HIBS/NGN in history?
The all-time high price of 1 HIBS in NGN is ₦39.68. It remains to be seen if the value of 1 HIBS/NGN will exceed the current all-time high.
What is the price trend of Hiblocks in NGN?
Over the past 7 days, the exchange rate of Hiblocks (HIBS) has gone down by 2.45%.   Over the last month, the exchange rate of Hiblocks (HIBS) has gone down by 27.44% against Nigerian Naira (NGN).

What factors influence the conversion rate of HIBS to NGN?

There are many factors that affect the relationship between Hiblocks 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 HIBS/NGN. When there is positive news in the market about the widespread adoption of HIBS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of HIBS/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in HIBS/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 HIBS/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 Hiblocks 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 Hiblocks currency pairs: HIBS to US Dollar (USD), HIBS to Euro (EUR), HIBS to Pound Sterling (GBP), HIBS to Canadian Dollar (CAD), HIBS to Indian Rupee (INR), HIBS to Pakistani Rupee (PKR), HIBS to Brazilian Real (BRL), HIBS to…
The price of Hiblocks in the US is $0.{5}3508 USD. Additionally, Hiblocks’s price is €0.{5}3026 EUR in the eurozone, £0.{5}2591 GBP in the UK, C$0.{5}4817 CAD in Canada, ₹0.0003030 INR in India, ₨0.0009949 PKR in Pakistan, R$0.{4}1927 BRL in Brazil, and more.
The most popular Hiblocks currency pair is the HIBS to Nigerian Naira(NGN). The price of 1 Hiblocks (HIBS) in Nigerian Naira (NGN) is ₦0.005440.

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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.