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MEMDEX to NGN Converter and calculator

MEMDEX/NGN: 1 MEMDEX = 3.19 NGN. The price of converting 1 Memdex100 (MEMDEX) to Nigerian Naira (NGN) is 3.19 NGN today.
MEMDEX
MEMDEX
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MEMDEX to NGN real-time exchange rates, making it easy to convert Memdex100 (MEMDEX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MEMDEX is currently valued at 3.19 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MEMDEX is currently valued at 3.19 NGN, which means buying 5 MEMDEX would cost 15.97 NGN. Similarly, ₦1 NGN can be converted to 0.3131 MEMDEX, and ₦50 NGN can be converted to 1.57 MEMDEX, excluding any platform or gas fees.

Convert MEMDEX to NGN

Convert NGN to MEMDEX

Memdex100
Nigerian Naira
1 MEMDEX
3.19  NGN
Exchange 1 MEMDEX for 3.19 NGN
2 MEMDEX
6.39  NGN
Exchange 2 MEMDEX for 6.39 NGN
5 MEMDEX
15.97  NGN
Exchange 5 MEMDEX for 15.97 NGN
10 MEMDEX
31.94  NGN
Exchange 10 MEMDEX for 31.94 NGN
20 MEMDEX
63.88  NGN
Exchange 20 MEMDEX for 63.88 NGN
50 MEMDEX
159.69  NGN
Exchange 50 MEMDEX for 159.69 NGN
100 MEMDEX
319.38  NGN
Exchange 100 MEMDEX for 319.38 NGN
200 MEMDEX
638.75  NGN
Exchange 200 MEMDEX for 638.75 NGN
500 MEMDEX
1,596.88  NGN
Exchange 500 MEMDEX for 1,596.88 NGN
1000 MEMDEX
3,193.75  NGN
Exchange 1000 MEMDEX for 3,193.75 NGN
5000 MEMDEX
15,968.77  NGN
Exchange 5000 MEMDEX for 15,968.77 NGN
10000 MEMDEX
31,937.53  NGN
Exchange 10000 MEMDEX for 31,937.53 NGN
In the table above, you'll find a comprehensive MEMDEX to NGN converter that shows the value of Memdex100 in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MEMDEX to NGN, all the way up to 10000 MEMDEX, providing a clear view of their respective values.
Nigerian Naira
Memdex100
1 NGN
0.3131 MEMDEX
Exchange 1 NGN for 0.3131 MEMDEX
10 NGN
3.13 MEMDEX
Exchange 10 NGN for 3.13 MEMDEX
50 NGN
15.66 MEMDEX
Exchange 50 NGN for 15.66 MEMDEX
100 NGN
31.31 MEMDEX
Exchange 100 NGN for 31.31 MEMDEX
200 NGN
62.62 MEMDEX
Exchange 200 NGN for 62.62 MEMDEX
500 NGN
156.56 MEMDEX
Exchange 500 NGN for 156.56 MEMDEX
1000 NGN
313.11 MEMDEX
Exchange 1000 NGN for 313.11 MEMDEX
2000 NGN
626.22 MEMDEX
Exchange 2000 NGN for 626.22 MEMDEX
5000 NGN
1,565.56 MEMDEX
Exchange 5000 NGN for 1,565.56 MEMDEX
10000 NGN
3,131.11 MEMDEX
Exchange 10000 NGN for 3,131.11 MEMDEX
50000 NGN
15,655.56 MEMDEX
Exchange 50000 NGN for 15,655.56 MEMDEX
100000 NGN
31,311.12 MEMDEX
Exchange 100000 NGN for 31,311.12 MEMDEX
In the table above, you'll find a comprehensive NGN to MEMDEX converter that shows the value of Nigerian Naira in Memdex100 across commonly used conversion amounts. The list covers conversions from 1 NGN to MEMDEX, all the way up to 100000 NGN, providing a clear view of their respective values.

MEMDEX to NGN chart

MEMDEX/NGN: 1 MEMDEX = 3.19 NGN; 2025/08/14 20:21:01
In the past 1D, Memdex100 has changed -2.11% to NGN. Based on the trend and price charts, Memdex100(MEMDEX) has changed -2.11% to NGN while Nigerian Naira(NGN) has changed % to MEMDEX in the last 24 hours.
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MEMDEX to NGN conversion data: Volatility and price changes of Memdex100 in NGN

The highest Memdex100 price in NGN over the past 7 days was 3.7 NGN while the lowest Memdex100 price in NGN over the past 7 days was 3.03 NGN. The relative change between the highs and lows in Memdex100 price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MEMDEX 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
3.45 NGN
3.7 NGN
4.24 NGN
11.89 NGN
Low
3.16 NGN
3.03 NGN
3.03 NGN
2.69 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-2.11%
-2.31%
-2.36%
-11.56%

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Memdex100 information

MEMDEX to NGN market statistics

MEMDEX/NGN:
₦3.19
MEMDEX 24h volume:
₦408,013,318.54
MEMDEX market cap:
--
MEMDEX circulating supply:
0 MEMDEX

Current MEMDEX to NGN exchange rate

Memdex100 to Nigerian Naira is falling this week.
Memdex100's current market price is ₦3.19 per MEMDEX, with a total market cap of ₦0 NGN based on a circulating supply of -- MEMDEX. The trading volume of Memdex100 has changed by -12.49% (₦-58,251,381.51 NGN) in the last 24 hours. Last trading day, MEMDEX's trading volume was ₦466,264,700.05.

More info about Memdex100 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 Memdex100 currency pair is the MEMDEX to NGN, with for Memdex100's currency code being MEMDEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

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How to convert MEMDEX to NGN

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MEMDEX to NGN Conversion tables

The exchange rate of Memdex100 is decreasing.
The exchange rate of 1 MEMDEX to Nigerian Naira has changed by -2.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.11%, reaching a high of 3.45 NGN and a low of 3.16 NGN . One month ago, the value of 1 MEMDEX was ₦3.27 NGN , which represents a -2.36% change from its current value. Over the last year, Memdex100 has changed by
+
3.28NGN
, resulting in a change of -7.14% in its value.
24 hours ago1 month ago1 year ago
Amount 20:21 today 24 hours ago 24h change
0.5 MEMDEX
₦1.6₦1.63
-2.11%
1 MEMDEX
₦3.19₦3.26
-2.11%
5 MEMDEX
₦15.97₦16.32
-2.11%
10 MEMDEX
₦31.94₦32.65
-2.11%
50 MEMDEX
₦159.69₦163.23
-2.11%
100 MEMDEX
₦319.38₦326.45
-2.11%
500 MEMDEX
₦1,596.88₦1,632.26
-2.11%
1000 MEMDEX
₦3,193.75₦3,264.52
-2.11%

MEMDEX to NGN FAQ

How much is 1 Memdex100 in NGN?
Right now, the price of 1 Memdex100 (MEMDEX) in Nigerian Naira (NGN) is ₦3.19.
How much MEMDEX can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.3131 MEMDEX for 1 NGN.
How do I calculate or convert MEMDEX to NGN?
You can use our MEMDEX to NGN calculator at the top of this page to convert any amount of MEMDEX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 1.57 MEMDEX, while 5 MEMDEX will cost around 15.97NGN.
What is the highest price of MEMDEX/NGN in history?
The all-time high price of 1 MEMDEX in NGN is ₦145.26. It remains to be seen if the value of 1 MEMDEX/NGN will exceed the current all-time high.
What is the price trend of Memdex100 in NGN?
Over the past 7 days, the exchange rate of Memdex100 (MEMDEX) has gone down by 2.31%.   Over the last month, the exchange rate of Memdex100 (MEMDEX) has gone down by 2.36% against Nigerian Naira (NGN).

What factors influence the conversion rate of MEMDEX to NGN?

There are many factors that affect the relationship between Memdex100 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 MEMDEX/NGN. When there is positive news in the market about the widespread adoption of MEMDEX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MEMDEX/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MEMDEX/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 MEMDEX/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 Memdex100 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 Memdex100 currency pairs: MEMDEX to US Dollar (USD), MEMDEX to Euro (EUR), MEMDEX to Pound Sterling (GBP), MEMDEX to Canadian Dollar (CAD), MEMDEX to Indian Rupee (INR), MEMDEX to Pakistani Rupee (PKR), MEMDEX to Brazilian Real (BRL), MEMDEX to…
The price of Memdex100 in the US is $0.002083 USD. Additionally, Memdex100’s price is €0.001789 EUR in the eurozone, £0.001539 GBP in the UK, C$0.002878 CAD in Canada, ₹0.1826 INR in India, ₨0.5880 PKR in Pakistan, R$0.01127 BRL in Brazil, and more.
The most popular Memdex100 currency pair is the MEMDEX to Nigerian Naira(NGN). The price of 1 Memdex100 (MEMDEX) in Nigerian Naira (NGN) is ₦3.19.

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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.