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$MBAG to NGN Converter and calculator

$MBAG/NGN: 1 $MBAG = 0.01154 NGN. The price of converting 1 MoonBag ($MBAG) to Nigerian Naira (NGN) is 0.01154 NGN today.
$MBAG
$MBAG
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $MBAG to NGN real-time exchange rates, making it easy to convert MoonBag ($MBAG) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 $MBAG is currently valued at 0.01154 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $MBAG is currently valued at 0.01154 NGN, which means buying 5 $MBAG would cost 0.05770 NGN. Similarly, ₦1 NGN can be converted to 86.66 $MBAG, and ₦50 NGN can be converted to 433.28 $MBAG, excluding any platform or gas fees.

Convert $MBAG to NGN

Convert NGN to $MBAG

MoonBag
Nigerian Naira
1 $MBAG
0.01154  NGN
Exchange 1 $MBAG for 0.01154 NGN
2 $MBAG
0.02308  NGN
Exchange 2 $MBAG for 0.02308 NGN
5 $MBAG
0.05770  NGN
Exchange 5 $MBAG for 0.05770 NGN
10 $MBAG
0.1154  NGN
Exchange 10 $MBAG for 0.1154 NGN
20 $MBAG
0.2308  NGN
Exchange 20 $MBAG for 0.2308 NGN
50 $MBAG
0.5770  NGN
Exchange 50 $MBAG for 0.5770 NGN
100 $MBAG
1.15  NGN
Exchange 100 $MBAG for 1.15 NGN
200 $MBAG
2.31  NGN
Exchange 200 $MBAG for 2.31 NGN
500 $MBAG
5.77  NGN
Exchange 500 $MBAG for 5.77 NGN
1000 $MBAG
11.54  NGN
Exchange 1000 $MBAG for 11.54 NGN
5000 $MBAG
57.7  NGN
Exchange 5000 $MBAG for 57.7 NGN
10000 $MBAG
115.4  NGN
Exchange 10000 $MBAG for 115.4 NGN
In the table above, you'll find a comprehensive $MBAG to NGN converter that shows the value of MoonBag in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 $MBAG to NGN, all the way up to 10000 $MBAG, providing a clear view of their respective values.
Nigerian Naira
MoonBag
1 NGN
86.66 $MBAG
Exchange 1 NGN for 86.66 $MBAG
10 NGN
866.55 $MBAG
Exchange 10 NGN for 866.55 $MBAG
50 NGN
4,332.76 $MBAG
Exchange 50 NGN for 4,332.76 $MBAG
100 NGN
8,665.51 $MBAG
Exchange 100 NGN for 8,665.51 $MBAG
200 NGN
17,331.03 $MBAG
Exchange 200 NGN for 17,331.03 $MBAG
500 NGN
43,327.57 $MBAG
Exchange 500 NGN for 43,327.57 $MBAG
1000 NGN
86,655.14 $MBAG
Exchange 1000 NGN for 86,655.14 $MBAG
2000 NGN
173,310.28 $MBAG
Exchange 2000 NGN for 173,310.28 $MBAG
5000 NGN
433,275.7 $MBAG
Exchange 5000 NGN for 433,275.7 $MBAG
10000 NGN
866,551.4 $MBAG
Exchange 10000 NGN for 866,551.4 $MBAG
50000 NGN
4,332,757.01 $MBAG
Exchange 50000 NGN for 4,332,757.01 $MBAG
100000 NGN
8,665,514.02 $MBAG
Exchange 100000 NGN for 8,665,514.02 $MBAG
In the table above, you'll find a comprehensive NGN to $MBAG converter that shows the value of Nigerian Naira in MoonBag across commonly used conversion amounts. The list covers conversions from 1 NGN to $MBAG, all the way up to 100000 NGN, providing a clear view of their respective values.

$MBAG to NGN chart

$MBAG/NGN: 1 $MBAG = 0.01154 NGN; 2025/08/14 18:41:52
In the past 1D, MoonBag has changed -3.06% to NGN. Based on the trend and price charts, MoonBag($MBAG) has changed -3.06% to NGN while Nigerian Naira(NGN) has changed % to $MBAG in the last 24 hours.
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$MBAG to NGN conversion data: Volatility and price changes of MoonBag in NGN

The highest MoonBag price in NGN over the past 7 days was 0.01212 NGN while the lowest MoonBag price in NGN over the past 7 days was 0.01026 NGN. The relative change between the highs and lows in MoonBag price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and $MBAG 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
0.01212 NGN
0.01212 NGN
0.01554 NGN
0.1442 NGN
Low
0.01154 NGN
0.01026 NGN
0.008994 NGN
0.006779 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-3.06%
+13.29%
-16.95%
+43.40%

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Buy $MBAG (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of $MBAG with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy $MBAG with USDT via Bitget spot market.
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MoonBag information

$MBAG to NGN market statistics

$MBAG/NGN:
₦0.01154
$MBAG 24h volume:
₦1,107,307.82
$MBAG market cap:
₦340,976,000.45
$MBAG circulating supply:
29.55B $MBAG

Current $MBAG to NGN exchange rate

MoonBag to Nigerian Naira is rising this week.
MoonBag's current market price is ₦0.01154 per $MBAG, with a total market cap of ₦340,976,000.45 NGN based on a circulating supply of 29,547,323,000 $MBAG. The trading volume of MoonBag has changed by -44.20% (₦-877,011.67 NGN) in the last 24 hours. Last trading day, $MBAG's trading volume was ₦1,984,319.49.

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

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How to convert $MBAG to NGN

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1 $MBAG to ₦0.01154 NGN
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$MBAG to NGN Conversion tables

The exchange rate of MoonBag is decreasing.
The exchange rate of 1 $MBAG to Nigerian Naira has changed by +13.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.06%, reaching a high of 0.01212 NGN and a low of 0.01154 NGN . One month ago, the value of 1 $MBAG was ₦0.01390 NGN , which represents a -16.95% change from its current value. Over the last year, MoonBag has changed by
-
0.04316NGN
, resulting in a change of -78.90% in its value.
24 hours ago1 month ago1 year ago
Amount 18:41 today 24 hours ago 24h change
0.5 $MBAG
₦0.005770₦0.005952
-3.06%
1 $MBAG
₦0.01154₦0.01190
-3.06%
5 $MBAG
₦0.05770₦0.05952
-3.06%
10 $MBAG
₦0.1154₦0.1190
-3.06%
50 $MBAG
₦0.5770₦0.5952
-3.06%
100 $MBAG
₦1.15₦1.19
-3.06%
500 $MBAG
₦5.77₦5.95
-3.06%
1000 $MBAG
₦11.54₦11.9
-3.06%

$MBAG to NGN FAQ

How much is 1 MoonBag in NGN?
Right now, the price of 1 MoonBag ($MBAG) in Nigerian Naira (NGN) is ₦0.01154.
How much $MBAG can I buy for 1 NGN?
Based on the current exchange rate, you can get 86.66 $MBAG for 1 NGN.
How do I calculate or convert $MBAG to NGN?
You can use our $MBAG to NGN calculator at the top of this page to convert any amount of $MBAG to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 433.28 $MBAG, while 5 $MBAG will cost around 0.05770NGN.
What is the highest price of $MBAG/NGN in history?
The all-time high price of 1 $MBAG in NGN is ₦0.2846. It remains to be seen if the value of 1 $MBAG/NGN will exceed the current all-time high.
What is the price trend of MoonBag in NGN?
Over the past 7 days, the exchange rate of MoonBag ($MBAG) has gone up by 13.29%.   Over the last month, the exchange rate of MoonBag ($MBAG) has gone down by 16.95% against Nigerian Naira (NGN).

What factors influence the conversion rate of $MBAG to NGN?

There are many factors that affect the relationship between MoonBag 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 $MBAG/NGN. When there is positive news in the market about the widespread adoption of $MBAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of $MBAG/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in $MBAG/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 $MBAG/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 MoonBag 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 MoonBag currency pairs: $MBAG to US Dollar (USD), $MBAG to Euro (EUR), $MBAG to Pound Sterling (GBP), $MBAG to Canadian Dollar (CAD), $MBAG to Indian Rupee (INR), $MBAG to Pakistani Rupee (PKR), $MBAG to Brazilian Real (BRL), $MBAG to…
The price of MoonBag in the US is $0.{5}7534 USD. Additionally, MoonBag’s price is €0.{5}6470 EUR in the eurozone, £0.{5}5566 GBP in the UK, C$0.{4}1040 CAD in Canada, ₹0.0006604 INR in India, ₨0.002138 PKR in Pakistan, R$0.{4}4075 BRL in Brazil, and more.
The most popular MoonBag currency pair is the $MBAG to Nigerian Naira(NGN). The price of 1 MoonBag ($MBAG) in Nigerian Naira (NGN) is ₦0.01154.

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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.