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RECON to NGN Converter and calculator

RECON/NGN: 1 RECON = 16.03 NGN. The price of converting 1 RECON (RECON) to Nigerian Naira (NGN) is 16.03 NGN today.
RECON
RECON
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RECON to NGN real-time exchange rates, making it easy to convert RECON (RECON) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 RECON is currently valued at 16.03 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RECON is currently valued at 16.03 NGN, which means buying 5 RECON would cost 80.14 NGN. Similarly, ₦1 NGN can be converted to 0.06239 RECON, and ₦50 NGN can be converted to 0.3119 RECON, excluding any platform or gas fees.

Convert RECON to NGN

Convert NGN to RECON

RECON
Nigerian Naira
1 RECON
16.03  NGN
Exchange 1 RECON for 16.03 NGN
2 RECON
32.06  NGN
Exchange 2 RECON for 32.06 NGN
5 RECON
80.14  NGN
Exchange 5 RECON for 80.14 NGN
10 RECON
160.29  NGN
Exchange 10 RECON for 160.29 NGN
20 RECON
320.57  NGN
Exchange 20 RECON for 320.57 NGN
50 RECON
801.43  NGN
Exchange 50 RECON for 801.43 NGN
100 RECON
1,602.87  NGN
Exchange 100 RECON for 1,602.87 NGN
200 RECON
3,205.73  NGN
Exchange 200 RECON for 3,205.73 NGN
500 RECON
8,014.34  NGN
Exchange 500 RECON for 8,014.34 NGN
1000 RECON
16,028.67  NGN
Exchange 1000 RECON for 16,028.67 NGN
5000 RECON
80,143.36  NGN
Exchange 5000 RECON for 80,143.36 NGN
10000 RECON
160,286.72  NGN
Exchange 10000 RECON for 160,286.72 NGN
In the table above, you'll find a comprehensive RECON to NGN converter that shows the value of RECON in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 RECON to NGN, all the way up to 10000 RECON, providing a clear view of their respective values.
Nigerian Naira
RECON
1 NGN
0.06239 RECON
Exchange 1 NGN for 0.06239 RECON
10 NGN
0.6239 RECON
Exchange 10 NGN for 0.6239 RECON
50 NGN
3.12 RECON
Exchange 50 NGN for 3.12 RECON
100 NGN
6.24 RECON
Exchange 100 NGN for 6.24 RECON
200 NGN
12.48 RECON
Exchange 200 NGN for 12.48 RECON
500 NGN
31.19 RECON
Exchange 500 NGN for 31.19 RECON
1000 NGN
62.39 RECON
Exchange 1000 NGN for 62.39 RECON
2000 NGN
124.78 RECON
Exchange 2000 NGN for 124.78 RECON
5000 NGN
311.94 RECON
Exchange 5000 NGN for 311.94 RECON
10000 NGN
623.88 RECON
Exchange 10000 NGN for 623.88 RECON
50000 NGN
3,119.41 RECON
Exchange 50000 NGN for 3,119.41 RECON
100000 NGN
6,238.82 RECON
Exchange 100000 NGN for 6,238.82 RECON
In the table above, you'll find a comprehensive NGN to RECON converter that shows the value of Nigerian Naira in RECON across commonly used conversion amounts. The list covers conversions from 1 NGN to RECON, all the way up to 100000 NGN, providing a clear view of their respective values.

RECON to NGN chart

RECON/NGN: 1 RECON = 16.03 NGN; 2025/08/16 05:08:11
In the past 1D, RECON has changed +11.50% to NGN. Based on the trend and price charts, RECON(RECON) has changed +11.50% to NGN while Nigerian Naira(NGN) has changed % to RECON in the last 24 hours.
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RECON to NGN conversion data: Volatility and price changes of RECON in NGN

The highest RECON price in NGN over the past 7 days was 18.85 NGN while the lowest RECON price in NGN over the past 7 days was 15.08 NGN. The relative change between the highs and lows in RECON price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and RECON 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
18.85 NGN
18.85 NGN
18.85 NGN
18.85 NGN
Low
15.08 NGN
15.08 NGN
15.08 NGN
15.08 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+11.50%
+3.51%
+11.42%
+11.60%

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RECON information

RECON to NGN market statistics

RECON/NGN:
₦16.03
RECON 24h volume:
₦67,539,536.54
RECON market cap:
--
RECON circulating supply:
0 RECON

Current RECON to NGN exchange rate

RECON to Nigerian Naira is rising this week.
RECON's current market price is ₦16.03 per RECON, with a total market cap of ₦0 NGN based on a circulating supply of -- RECON. The trading volume of RECON has changed by +8.76% (₦5,438,955.21 NGN) in the last 24 hours. Last trading day, RECON's trading volume was ₦62,100,581.32.

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

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How to convert RECON to NGN

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1 RECON to $0.01046 USD
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1 RECON to C$0.01445 CAD
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1 RECON to ₦16.03 NGN
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1 RECON to ¥1.54 JPY
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RECON to NGN Conversion tables

The exchange rate of RECON is increasing.
The exchange rate of 1 RECON to Nigerian Naira has changed by +3.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.50%, reaching a high of 18.85 NGN and a low of 15.08 NGN . One month ago, the value of 1 RECON was ₦0 NGN , which represents a +11.42% change from its current value. Over the last year, RECON has changed by
+
16.03NGN
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount 05:08 am today 24 hours ago 24h change
0.5 RECON
₦8.01₦0
+11.50%
1 RECON
₦16.03₦0
+11.50%
5 RECON
₦80.14₦0
+11.50%
10 RECON
₦160.29₦0
+11.50%
50 RECON
₦801.43₦0
+11.50%
100 RECON
₦1,602.87₦0
+11.50%
500 RECON
₦8,014.34₦0
+11.50%
1000 RECON
₦16,028.67₦0
+11.50%

RECON to NGN FAQ

How much is 1 RECON in NGN?
Right now, the price of 1 RECON (RECON) in Nigerian Naira (NGN) is ₦16.03.
How much RECON can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.06239 RECON for 1 NGN.
How do I calculate or convert RECON to NGN?
You can use our RECON to NGN calculator at the top of this page to convert any amount of RECON to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.3119 RECON, while 5 RECON will cost around 80.14NGN.
What is the highest price of RECON/NGN in history?
The all-time high price of 1 RECON in NGN is ₦18.85. It remains to be seen if the value of 1 RECON/NGN will exceed the current all-time high.
What is the price trend of RECON in NGN?
Over the past 7 days, the exchange rate of RECON (RECON) has gone up by 3.51%.   Over the last month, the exchange rate of RECON (RECON) has gone up by 11.42% against Nigerian Naira (NGN).

What factors influence the conversion rate of RECON to NGN?

There are many factors that affect the relationship between RECON 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 RECON/NGN. When there is positive news in the market about the widespread adoption of RECON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RECON/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RECON/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 RECON/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 RECON 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 RECON currency pairs: RECON to US Dollar (USD), RECON to Euro (EUR), RECON to Pound Sterling (GBP), RECON to Canadian Dollar (CAD), RECON to Indian Rupee (INR), RECON to Pakistani Rupee (PKR), RECON to Brazilian Real (BRL), RECON to…
The price of RECON in the US is $0.01046 USD. Additionally, RECON’s price is €0.008934 EUR in the eurozone, £0.007711 GBP in the UK, C$0.01445 CAD in Canada, ₹0.9152 INR in India, ₨2.95 PKR in Pakistan, R$0.05648 BRL in Brazil, and more.
The most popular RECON currency pair is the RECON to Nigerian Naira(NGN). The price of 1 RECON (RECON) in Nigerian Naira (NGN) is ₦16.03.

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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.