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KOBAN to NGN Converter and calculator

KOBAN/NGN: 1 KOBAN = 5.56 NGN. The price of converting 1 KOBAN (KOBAN) to Nigerian Naira (NGN) is 5.56 NGN today.
KOBAN
KOBAN
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides KOBAN to NGN real-time exchange rates, making it easy to convert KOBAN (KOBAN) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 KOBAN is currently valued at 5.56 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 KOBAN is currently valued at 5.56 NGN, which means buying 5 KOBAN would cost 27.8 NGN. Similarly, ₦1 NGN can be converted to 0.1798 KOBAN, and ₦50 NGN can be converted to 0.8992 KOBAN, excluding any platform or gas fees.

Convert KOBAN to NGN

Convert NGN to KOBAN

KOBAN
Nigerian Naira
1 KOBAN
5.56  NGN
Exchange 1 KOBAN for 5.56 NGN
2 KOBAN
11.12  NGN
Exchange 2 KOBAN for 11.12 NGN
5 KOBAN
27.8  NGN
Exchange 5 KOBAN for 27.8 NGN
10 KOBAN
55.61  NGN
Exchange 10 KOBAN for 55.61 NGN
20 KOBAN
111.21  NGN
Exchange 20 KOBAN for 111.21 NGN
50 KOBAN
278.04  NGN
Exchange 50 KOBAN for 278.04 NGN
100 KOBAN
556.07  NGN
Exchange 100 KOBAN for 556.07 NGN
200 KOBAN
1,112.14  NGN
Exchange 200 KOBAN for 1,112.14 NGN
500 KOBAN
2,780.36  NGN
Exchange 500 KOBAN for 2,780.36 NGN
1000 KOBAN
5,560.71  NGN
Exchange 1000 KOBAN for 5,560.71 NGN
5000 KOBAN
27,803.57  NGN
Exchange 5000 KOBAN for 27,803.57 NGN
10000 KOBAN
55,607.14  NGN
Exchange 10000 KOBAN for 55,607.14 NGN
In the table above, you'll find a comprehensive KOBAN to NGN converter that shows the value of KOBAN in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 KOBAN to NGN, all the way up to 10000 KOBAN, providing a clear view of their respective values.
Nigerian Naira
KOBAN
1 NGN
0.1798 KOBAN
Exchange 1 NGN for 0.1798 KOBAN
10 NGN
1.8 KOBAN
Exchange 10 NGN for 1.8 KOBAN
50 NGN
8.99 KOBAN
Exchange 50 NGN for 8.99 KOBAN
100 NGN
17.98 KOBAN
Exchange 100 NGN for 17.98 KOBAN
200 NGN
35.97 KOBAN
Exchange 200 NGN for 35.97 KOBAN
500 NGN
89.92 KOBAN
Exchange 500 NGN for 89.92 KOBAN
1000 NGN
179.83 KOBAN
Exchange 1000 NGN for 179.83 KOBAN
2000 NGN
359.67 KOBAN
Exchange 2000 NGN for 359.67 KOBAN
5000 NGN
899.17 KOBAN
Exchange 5000 NGN for 899.17 KOBAN
10000 NGN
1,798.33 KOBAN
Exchange 10000 NGN for 1,798.33 KOBAN
50000 NGN
8,991.65 KOBAN
Exchange 50000 NGN for 8,991.65 KOBAN
100000 NGN
17,983.3 KOBAN
Exchange 100000 NGN for 17,983.3 KOBAN
In the table above, you'll find a comprehensive NGN to KOBAN converter that shows the value of Nigerian Naira in KOBAN across commonly used conversion amounts. The list covers conversions from 1 NGN to KOBAN, all the way up to 100000 NGN, providing a clear view of their respective values.

KOBAN to NGN chart

KOBAN/NGN: 1 KOBAN = 5.56 NGN; 2025/08/14 19:20:34
In the past 1D, KOBAN has changed +18.62% to NGN. Based on the trend and price charts, KOBAN(KOBAN) has changed +18.62% to NGN while Nigerian Naira(NGN) has changed % to KOBAN in the last 24 hours.
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KOBAN to NGN conversion data: Volatility and price changes of KOBAN in NGN

The highest KOBAN price in NGN over the past 7 days was 8.53 NGN while the lowest KOBAN price in NGN over the past 7 days was 4.59 NGN. The relative change between the highs and lows in KOBAN price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and KOBAN 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
6.21 NGN
8.53 NGN
41.05 NGN
41.05 NGN
Low
4.84 NGN
4.59 NGN
2.4 NGN
2.4 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+18.62%
-25.84%
+82.04%
+74.10%

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KOBAN information

KOBAN to NGN market statistics

KOBAN/NGN:
₦5.56
KOBAN 24h volume:
₦45,515,634.79
KOBAN market cap:
₦2,758,125,081.69
KOBAN circulating supply:
496.00M KOBAN

Current KOBAN to NGN exchange rate

KOBAN to Nigerian Naira is falling this week.
KOBAN's current market price is ₦5.56 per KOBAN, with a total market cap of ₦2,758,125,081.69 NGN based on a circulating supply of 496,001,950 KOBAN. The trading volume of KOBAN has changed by +0.53% (₦239,645.81 NGN) in the last 24 hours. Last trading day, KOBAN's trading volume was ₦45,275,988.98.

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

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How to convert KOBAN to NGN

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KOBAN to NGN Conversion tables

The exchange rate of KOBAN is increasing.
The exchange rate of 1 KOBAN to Nigerian Naira has changed by -25.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +18.62%, reaching a high of 6.21 NGN and a low of 4.84 NGN . One month ago, the value of 1 KOBAN was ₦2.94 NGN , which represents a +82.04% change from its current value. Over the last year, KOBAN has changed by
+
5.82NGN
, resulting in a change of +73.76% in its value.
24 hours ago1 month ago1 year ago
Amount 19:20 today 24 hours ago 24h change
0.5 KOBAN
₦2.78₦2.32
+18.62%
1 KOBAN
₦5.56₦4.65
+18.62%
5 KOBAN
₦27.8₦23.24
+18.62%
10 KOBAN
₦55.61₦46.47
+18.62%
50 KOBAN
₦278.04₦232.35
+18.62%
100 KOBAN
₦556.07₦464.71
+18.62%
500 KOBAN
₦2,780.36₦2,323.54
+18.62%
1000 KOBAN
₦5,560.71₦4,647.07
+18.62%

KOBAN to NGN FAQ

How much is 1 KOBAN in NGN?
Right now, the price of 1 KOBAN (KOBAN) in Nigerian Naira (NGN) is ₦5.56.
How much KOBAN can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.1798 KOBAN for 1 NGN.
How do I calculate or convert KOBAN to NGN?
You can use our KOBAN to NGN calculator at the top of this page to convert any amount of KOBAN to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.8992 KOBAN, while 5 KOBAN will cost around 27.8NGN.
What is the highest price of KOBAN/NGN in history?
The all-time high price of 1 KOBAN in NGN is ₦41.05. It remains to be seen if the value of 1 KOBAN/NGN will exceed the current all-time high.
What is the price trend of KOBAN in NGN?
Over the past 7 days, the exchange rate of KOBAN (KOBAN) has gone down by 25.84%.   Over the last month, the exchange rate of KOBAN (KOBAN) has gone up by 82.04% against Nigerian Naira (NGN).

What factors influence the conversion rate of KOBAN to NGN?

There are many factors that affect the relationship between KOBAN 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 KOBAN/NGN. When there is positive news in the market about the widespread adoption of KOBAN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of KOBAN/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in KOBAN/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 KOBAN/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 KOBAN 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 KOBAN currency pairs: KOBAN to US Dollar (USD), KOBAN to Euro (EUR), KOBAN to Pound Sterling (GBP), KOBAN to Canadian Dollar (CAD), KOBAN to Indian Rupee (INR), KOBAN to Pakistani Rupee (PKR), KOBAN to Brazilian Real (BRL), KOBAN to…
The price of KOBAN in the US is $0.003627 USD. Additionally, KOBAN’s price is €0.003116 EUR in the eurozone, £0.002680 GBP in the UK, C$0.005011 CAD in Canada, ₹0.3179 INR in India, ₨1.02 PKR in Pakistan, R$0.01962 BRL in Brazil, and more.
The most popular KOBAN currency pair is the KOBAN to Nigerian Naira(NGN). The price of 1 KOBAN (KOBAN) in Nigerian Naira (NGN) is ₦5.56.

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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.