Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security

PENG to NGN Converter and calculator

PENG/NGN: 1 PENG = 24.53 NGN. The price of converting 1 Peng (PENG) to Nigerian Naira (NGN) is 24.53 NGN today.
PENG
PENG
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides PENG to NGN real-time exchange rates, making it easy to convert Peng (PENG) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 PENG is currently valued at 24.53 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PENG is currently valued at 24.53 NGN, which means buying 5 PENG would cost 122.65 NGN. Similarly, ₦1 NGN can be converted to 0.04077 PENG, and ₦50 NGN can be converted to 0.2038 PENG, excluding any platform or gas fees.

Convert PENG to NGN

Convert NGN to PENG

Peng
Nigerian Naira
1 PENG
24.53  NGN
Exchange 1 PENG for 24.53 NGN
2 PENG
49.06  NGN
Exchange 2 PENG for 49.06 NGN
5 PENG
122.65  NGN
Exchange 5 PENG for 122.65 NGN
10 PENG
245.31  NGN
Exchange 10 PENG for 245.31 NGN
20 PENG
490.61  NGN
Exchange 20 PENG for 490.61 NGN
50 PENG
1,226.53  NGN
Exchange 50 PENG for 1,226.53 NGN
100 PENG
2,453.05  NGN
Exchange 100 PENG for 2,453.05 NGN
200 PENG
4,906.11  NGN
Exchange 200 PENG for 4,906.11 NGN
500 PENG
12,265.27  NGN
Exchange 500 PENG for 12,265.27 NGN
1000 PENG
24,530.54  NGN
Exchange 1000 PENG for 24,530.54 NGN
5000 PENG
122,652.69  NGN
Exchange 5000 PENG for 122,652.69 NGN
10000 PENG
245,305.39  NGN
Exchange 10000 PENG for 245,305.39 NGN
In the table above, you'll find a comprehensive PENG to NGN converter that shows the value of Peng in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 PENG to NGN, all the way up to 10000 PENG, providing a clear view of their respective values.
Nigerian Naira
Peng
1 NGN
0.04077 PENG
Exchange 1 NGN for 0.04077 PENG
10 NGN
0.4077 PENG
Exchange 10 NGN for 0.4077 PENG
50 NGN
2.04 PENG
Exchange 50 NGN for 2.04 PENG
100 NGN
4.08 PENG
Exchange 100 NGN for 4.08 PENG
200 NGN
8.15 PENG
Exchange 200 NGN for 8.15 PENG
500 NGN
20.38 PENG
Exchange 500 NGN for 20.38 PENG
1000 NGN
40.77 PENG
Exchange 1000 NGN for 40.77 PENG
2000 NGN
81.53 PENG
Exchange 2000 NGN for 81.53 PENG
5000 NGN
203.83 PENG
Exchange 5000 NGN for 203.83 PENG
10000 NGN
407.66 PENG
Exchange 10000 NGN for 407.66 PENG
50000 NGN
2,038.28 PENG
Exchange 50000 NGN for 2,038.28 PENG
100000 NGN
4,076.55 PENG
Exchange 100000 NGN for 4,076.55 PENG
In the table above, you'll find a comprehensive NGN to PENG converter that shows the value of Nigerian Naira in Peng across commonly used conversion amounts. The list covers conversions from 1 NGN to PENG, all the way up to 100000 NGN, providing a clear view of their respective values.

PENG to NGN chart

PENG/NGN: 1 PENG = 24.53 NGN; 2025/08/14 12:56:44
In the past 1D, Peng has changed -1.70% to NGN. Based on the trend and price charts, Peng(PENG) has changed -1.70% to NGN while Nigerian Naira(NGN) has changed % to PENG in the last 24 hours.
1D7D1M3M1YAll

PENG to NGN conversion data: Volatility and price changes of Peng in NGN

The highest Peng price in NGN over the past 7 days was 26.25 NGN while the lowest Peng price in NGN over the past 7 days was 22.77 NGN. The relative change between the highs and lows in Peng price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PENG 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
26.02 NGN
26.25 NGN
38.77 NGN
45.23 NGN
Low
24.67 NGN
22.77 NGN
22.25 NGN
20.83 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-1.70%
-1.05%
-4.69%
-39.66%

Buy

Sell

Buy PENG (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of PENG with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy PENG with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Peng information

PENG to NGN market statistics

PENG/NGN:
₦24.53
PENG 24h volume:
₦318,649,662.71
PENG market cap:
₦2,453,053,354.82
PENG circulating supply:
100.00M PENG

Current PENG to NGN exchange rate

Peng to Nigerian Naira is falling this week.
Peng's current market price is ₦24.53 per PENG, with a total market cap of ₦2,453,053,354.82 NGN based on a circulating supply of 99,999,976 PENG. The trading volume of Peng has changed by +4.19% (₦12,810,677.57 NGN) in the last 24 hours. Last trading day, PENG's trading volume was ₦305,838,985.13.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 122942.63 USD
popular info ethereum
ETH to USD
1 ETH to 4755.78 USD
popular info ripple
XRP to USD
1 XRP to 3.27 USD
popular info solana
SOL to USD
1 SOL to 200.95 USD
popular info bitcoin
BTC to EUR
1 BTC to 105202.00 EUR
popular info bitcoin
BTC to GBP
1 BTC to 90498.07 GBP
popular info bitcoin
BTC to CAD
1 BTC to 169353.47 CAD
popular info bitcoin
BTC to BRL
1 BTC to 662955.81 BRL
popular info bitcoin
BTC to INR
1 BTC to 10766220.91 INR
popular info pi-network
PI to INR
1 PI to 34.84 INR

Hot promotions

How to convert PENG to NGN

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert PENG to NGN
Choose from cryptocurrencies to trade on Bitget.

Popular Peng Converter

popular info New Taiwan dollar
PENG to TWD
1 PENG to NT$0.4798 TWD
popular info Chinese Yuan
PENG to CNY
1 PENG to ¥0.1148 CNY
popular info United States Dollar
PENG to USD
1 PENG to $0.01600 USD
popular info Euro
PENG to EUR
1 PENG to €0.01369 EUR
popular info Canadian Dollar
PENG to CAD
1 PENG to C$0.02204 CAD
popular info Nigerian Naira
PENG to NGN
1 PENG to ₦24.53 NGN
popular info South Korean Won
PENG to KRW
1 PENG to ₩22.19 KRW
popular info Japanese Yen
PENG to JPY
1 PENG to ¥2.35 JPY
popular info Pound Sterling
PENG to GBP
1 PENG to £0.01178 GBP
popular info Brazilian Real
PENG to BRL
1 PENG to R$0.08626 BRL

Popular cryptocurrencies to NGN

other assets Cardano
ADA to NGN
1 ADA to ₦1,434.13 NGN
other assets just mooncoin
MOON to NGN
1 MOON to ₦0.6888 NGN
other assets Bitcoin
BTC to NGN
1 BTC to ₦183,542,291.09 NGN
other assets SKALE
SKL to NGN
1 SKL to ₦65.68 NGN
other assets Useless Coin
USELESS to NGN
1 USELESS to ₦423.61 NGN
other assets MIA
MIA to NGN
1 MIA to ₦131.98 NGN
other assets Gari Network
GARI to NGN
1 GARI to ₦16.59 NGN
other assets XRP
XRP to NGN
1 XRP to ₦4,802.99 NGN
other assets MYX Finance
MYX to NGN
1 MYX to ₦2,290.23 NGN
other assets Arbitrum
ARB to NGN
1 ARB to ₦822.98 NGN

PENG to NGN Conversion tables

The exchange rate of Peng is decreasing.
The exchange rate of 1 PENG to Nigerian Naira has changed by -1.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.70%, reaching a high of 26.02 NGN and a low of 24.67 NGN . One month ago, the value of 1 PENG was ₦25.79 NGN , which represents a -4.69% change from its current value. Over the last year, Peng has changed by
-
188.94NGN
, resulting in a change of -88.09% in its value.
24 hours ago1 month ago1 year ago
Amount 12:56 today 24 hours ago 24h change
0.5 PENG
₦12.27₦12.49
-1.70%
1 PENG
₦24.53₦24.97
-1.70%
5 PENG
₦122.65₦124.87
-1.70%
10 PENG
₦245.31₦249.73
-1.70%
50 PENG
₦1,226.53₦1,248.67
-1.70%
100 PENG
₦2,453.05₦2,497.35
-1.70%
500 PENG
₦12,265.27₦12,486.75
-1.70%
1000 PENG
₦24,530.54₦24,973.5
-1.70%

PENG to NGN FAQ

How much is 1 Peng in NGN?
Right now, the price of 1 Peng (PENG) in Nigerian Naira (NGN) is ₦24.53.
How much PENG can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.04077 PENG for 1 NGN.
How do I calculate or convert PENG to NGN?
You can use our PENG to NGN calculator at the top of this page to convert any amount of PENG to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.2038 PENG, while 5 PENG will cost around 122.65NGN.
What is the highest price of PENG/NGN in history?
The all-time high price of 1 PENG in NGN is ₦3,289.36. It remains to be seen if the value of 1 PENG/NGN will exceed the current all-time high.
What is the price trend of Peng in NGN?
Over the past 7 days, the exchange rate of Peng (PENG) has gone down by 1.05%.   Over the last month, the exchange rate of Peng (PENG) has gone down by 4.69% against Nigerian Naira (NGN).

What factors influence the conversion rate of PENG to NGN?

There are many factors that affect the relationship between Peng 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 PENG/NGN. When there is positive news in the market about the widespread adoption of PENG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PENG/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PENG/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 PENG/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 Peng 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 Peng currency pairs: PENG to US Dollar (USD), PENG to Euro (EUR), PENG to Pound Sterling (GBP), PENG to Canadian Dollar (CAD), PENG to Indian Rupee (INR), PENG to Pakistani Rupee (PKR), PENG to Brazilian Real (BRL), PENG to…
The price of Peng in the US is $0.01600 USD. Additionally, Peng’s price is €0.01369 EUR in the eurozone, £0.01178 GBP in the UK, C$0.02204 CAD in Canada, ₹1.4 INR in India, ₨4.54 PKR in Pakistan, R$0.08626 BRL in Brazil, and more.
The most popular Peng currency pair is the PENG to Nigerian Naira(NGN). The price of 1 Peng (PENG) in Nigerian Naira (NGN) is ₦24.53.

Popular fiat

Popular areas

Purchase other cryptocurrencies with similar market cap

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.