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MEY to NGN Converter and calculator

MEY/NGN: 1 MEY = 39.05 NGN. The price of converting 1 Mey Network (MEY) to Nigerian Naira (NGN) is 39.05 NGN today.
MEY
MEY
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MEY to NGN real-time exchange rates, making it easy to convert Mey Network (MEY) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MEY is currently valued at 39.05 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MEY is currently valued at 39.05 NGN, which means buying 5 MEY would cost 195.24 NGN. Similarly, ₦1 NGN can be converted to 0.02561 MEY, and ₦50 NGN can be converted to 0.1280 MEY, excluding any platform or gas fees.

Convert MEY to NGN

Convert NGN to MEY

Mey Network
Nigerian Naira
1 MEY
39.05  NGN
Exchange 1 MEY for 39.05 NGN
2 MEY
78.1  NGN
Exchange 2 MEY for 78.1 NGN
5 MEY
195.24  NGN
Exchange 5 MEY for 195.24 NGN
10 MEY
390.48  NGN
Exchange 10 MEY for 390.48 NGN
20 MEY
780.96  NGN
Exchange 20 MEY for 780.96 NGN
50 MEY
1,952.4  NGN
Exchange 50 MEY for 1,952.4 NGN
100 MEY
3,904.81  NGN
Exchange 100 MEY for 3,904.81 NGN
200 MEY
7,809.61  NGN
Exchange 200 MEY for 7,809.61 NGN
500 MEY
19,524.03  NGN
Exchange 500 MEY for 19,524.03 NGN
1000 MEY
39,048.06  NGN
Exchange 1000 MEY for 39,048.06 NGN
5000 MEY
195,240.32  NGN
Exchange 5000 MEY for 195,240.32 NGN
10000 MEY
390,480.64  NGN
Exchange 10000 MEY for 390,480.64 NGN
In the table above, you'll find a comprehensive MEY to NGN converter that shows the value of Mey Network in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MEY to NGN, all the way up to 10000 MEY, providing a clear view of their respective values.
Nigerian Naira
Mey Network
1 NGN
0.02561 MEY
Exchange 1 NGN for 0.02561 MEY
10 NGN
0.2561 MEY
Exchange 10 NGN for 0.2561 MEY
50 NGN
1.28 MEY
Exchange 50 NGN for 1.28 MEY
100 NGN
2.56 MEY
Exchange 100 NGN for 2.56 MEY
200 NGN
5.12 MEY
Exchange 200 NGN for 5.12 MEY
500 NGN
12.8 MEY
Exchange 500 NGN for 12.8 MEY
1000 NGN
25.61 MEY
Exchange 1000 NGN for 25.61 MEY
2000 NGN
51.22 MEY
Exchange 2000 NGN for 51.22 MEY
5000 NGN
128.05 MEY
Exchange 5000 NGN for 128.05 MEY
10000 NGN
256.09 MEY
Exchange 10000 NGN for 256.09 MEY
50000 NGN
1,280.47 MEY
Exchange 50000 NGN for 1,280.47 MEY
100000 NGN
2,560.95 MEY
Exchange 100000 NGN for 2,560.95 MEY
In the table above, you'll find a comprehensive NGN to MEY converter that shows the value of Nigerian Naira in Mey Network across commonly used conversion amounts. The list covers conversions from 1 NGN to MEY, all the way up to 100000 NGN, providing a clear view of their respective values.

MEY to NGN chart

MEY/NGN: 1 MEY = 39.05 NGN; 2025/08/14 20:41:04
In the past 1D, Mey Network has changed -0.85% to NGN. Based on the trend and price charts, Mey Network(MEY) has changed -0.85% to NGN while Nigerian Naira(NGN) has changed % to MEY in the last 24 hours.
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MEY to NGN conversion data: Volatility and price changes of Mey Network in NGN

The highest Mey Network price in NGN over the past 7 days was 40.15 NGN while the lowest Mey Network price in NGN over the past 7 days was 38.66 NGN. The relative change between the highs and lows in Mey Network price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MEY 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
39.64 NGN
40.15 NGN
43.39 NGN
58.57 NGN
Low
38.66 NGN
38.66 NGN
38.31 NGN
33.76 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.85%
-0.30%
-8.20%
-34.67%

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Mey Network information

MEY to NGN market statistics

MEY/NGN:
₦39.05
MEY 24h volume:
₦109,085,866.57
MEY market cap:
₦11,101,727,384.15
MEY circulating supply:
284.31M MEY

Current MEY to NGN exchange rate

Mey Network to Nigerian Naira is falling this week.
Mey Network's current market price is ₦39.05 per MEY, with a total market cap of ₦11,101,727,384.15 NGN based on a circulating supply of 284,309,280 MEY. The trading volume of Mey Network has changed by -58.03% (₦-150,837,329.56 NGN) in the last 24 hours. Last trading day, MEY's trading volume was ₦259,923,196.13.

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

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How to convert MEY to NGN

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MEY to NGN Conversion tables

The exchange rate of Mey Network is decreasing.
The exchange rate of 1 MEY to Nigerian Naira has changed by -0.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.85%, reaching a high of 39.64 NGN and a low of 38.66 NGN . One month ago, the value of 1 MEY was ₦42.54 NGN , which represents a -8.20% change from its current value. Over the last year, Mey Network has changed by
-
2.58NGN
, resulting in a change of -6.19% in its value.
24 hours ago1 month ago1 year ago
Amount 20:41 today 24 hours ago 24h change
0.5 MEY
₦19.52₦19.69
-0.85%
1 MEY
₦39.05₦39.38
-0.85%
5 MEY
₦195.24₦196.92
-0.85%
10 MEY
₦390.48₦393.84
-0.85%
50 MEY
₦1,952.4₦1,969.21
-0.85%
100 MEY
₦3,904.81₦3,938.42
-0.85%
500 MEY
₦19,524.03₦19,692.09
-0.85%
1000 MEY
₦39,048.06₦39,384.17
-0.85%

MEY to NGN FAQ

How much is 1 Mey Network in NGN?
Right now, the price of 1 Mey Network (MEY) in Nigerian Naira (NGN) is ₦39.05.
How much MEY can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.02561 MEY for 1 NGN.
How do I calculate or convert MEY to NGN?
You can use our MEY to NGN calculator at the top of this page to convert any amount of MEY to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.1280 MEY, while 5 MEY will cost around 195.24NGN.
What is the highest price of MEY/NGN in history?
The all-time high price of 1 MEY in NGN is ₦752.2. It remains to be seen if the value of 1 MEY/NGN will exceed the current all-time high.
What is the price trend of Mey Network in NGN?
Over the past 7 days, the exchange rate of Mey Network (MEY) has gone down by 0.30%.   Over the last month, the exchange rate of Mey Network (MEY) has gone down by 8.20% against Nigerian Naira (NGN).

What factors influence the conversion rate of MEY to NGN?

There are many factors that affect the relationship between Mey Network 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 MEY/NGN. When there is positive news in the market about the widespread adoption of MEY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MEY/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MEY/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 MEY/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 Mey Network 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 Mey Network currency pairs: MEY to US Dollar (USD), MEY to Euro (EUR), MEY to Pound Sterling (GBP), MEY to Canadian Dollar (CAD), MEY to Indian Rupee (INR), MEY to Pakistani Rupee (PKR), MEY to Brazilian Real (BRL), MEY to…
The price of Mey Network in the US is $0.02547 USD. Additionally, Mey Network’s price is €0.02188 EUR in the eurozone, £0.01882 GBP in the UK, C$0.03519 CAD in Canada, ₹2.23 INR in India, ₨7.19 PKR in Pakistan, R$0.1378 BRL in Brazil, and more.
The most popular Mey Network currency pair is the MEY to Nigerian Naira(NGN). The price of 1 Mey Network (MEY) in Nigerian Naira (NGN) is ₦39.05.

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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.