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Republica to NGN Converter and calculator

Republica/NGN: 1 Republica = 0.02275 NGN. The price of converting 1 Republican Rep (Republica) to Nigerian Naira (NGN) is 0.02275 NGN today.
Republica
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides Republica to NGN real-time exchange rates, making it easy to convert Republican Rep (Republica) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 Republica is currently valued at 0.02275 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Republica is currently valued at 0.02275 NGN, which means buying 5 Republica would cost 0.1137 NGN. Similarly, ₦1 NGN can be converted to 43.96 Republica, and ₦50 NGN can be converted to 219.81 Republica, excluding any platform or gas fees.

Convert Republica to NGN

Convert NGN to Republica

Republican Rep
Nigerian Naira
1 Republica
0.02275  NGN
Exchange 1 Republica for 0.02275 NGN
2 Republica
0.04549  NGN
Exchange 2 Republica for 0.04549 NGN
5 Republica
0.1137  NGN
Exchange 5 Republica for 0.1137 NGN
10 Republica
0.2275  NGN
Exchange 10 Republica for 0.2275 NGN
20 Republica
0.4549  NGN
Exchange 20 Republica for 0.4549 NGN
50 Republica
1.14  NGN
Exchange 50 Republica for 1.14 NGN
100 Republica
2.27  NGN
Exchange 100 Republica for 2.27 NGN
200 Republica
4.55  NGN
Exchange 200 Republica for 4.55 NGN
500 Republica
11.37  NGN
Exchange 500 Republica for 11.37 NGN
1000 Republica
22.75  NGN
Exchange 1000 Republica for 22.75 NGN
5000 Republica
113.73  NGN
Exchange 5000 Republica for 113.73 NGN
10000 Republica
227.47  NGN
Exchange 10000 Republica for 227.47 NGN
In the table above, you'll find a comprehensive Republica to NGN converter that shows the value of Republican Rep in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 Republica to NGN, all the way up to 10000 Republica, providing a clear view of their respective values.
Nigerian Naira
Republican Rep
1 NGN
43.96 Republica
Exchange 1 NGN for 43.96 Republica
10 NGN
439.62 Republica
Exchange 10 NGN for 439.62 Republica
50 NGN
2,198.1 Republica
Exchange 50 NGN for 2,198.1 Republica
100 NGN
4,396.21 Republica
Exchange 100 NGN for 4,396.21 Republica
200 NGN
8,792.42 Republica
Exchange 200 NGN for 8,792.42 Republica
500 NGN
21,981.04 Republica
Exchange 500 NGN for 21,981.04 Republica
1000 NGN
43,962.09 Republica
Exchange 1000 NGN for 43,962.09 Republica
2000 NGN
87,924.18 Republica
Exchange 2000 NGN for 87,924.18 Republica
5000 NGN
219,810.44 Republica
Exchange 5000 NGN for 219,810.44 Republica
10000 NGN
439,620.88 Republica
Exchange 10000 NGN for 439,620.88 Republica
50000 NGN
2,198,104.4 Republica
Exchange 50000 NGN for 2,198,104.4 Republica
100000 NGN
4,396,208.8 Republica
Exchange 100000 NGN for 4,396,208.8 Republica
In the table above, you'll find a comprehensive NGN to Republica converter that shows the value of Nigerian Naira in Republican Rep across commonly used conversion amounts. The list covers conversions from 1 NGN to Republica, all the way up to 100000 NGN, providing a clear view of their respective values.

Republica to NGN chart

Republica/NGN: 1 Republica = 0.02275 NGN; 2025/09/10 14:16:52
In the past 1D, Republican Rep has changed 0.00% to NGN. Based on the trend and price charts, Republican Rep(Republica) has changed 0.00% to NGN while Nigerian Naira(NGN) has changed % to Republica in the last 24 hours.
1D7D1M3M1YAll

Republica to NGN conversion data: Volatility and price changes of Republican Rep in NGN

The highest Republican Rep price in NGN over the past 7 days was -- NGN while the lowest Republican Rep price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Republican Rep price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and Republica 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 NGN
-- NGN
-- NGN
-- NGN
Low
0 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
--
--
--
--

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Republican Rep information

Republica to NGN market statistics

Republica/NGN:
₦0.02275
Republica 24h volume:
--
Republica market cap:
₦227,468,723.69
Republica circulating supply:
10.00B Republica

Current Republica to NGN exchange rate

Republican Rep to Nigerian Naira is falling this week.
Republican Rep's current market price is ₦0.02275 per Republica, with a total market cap of ₦227,468,723.69 NGN based on a circulating supply of 10,000,000,000 Republica. The trading volume of Republican Rep has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, Republica's trading volume was ₦--.

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

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How to convert Republica to NGN

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Republica to NGN Conversion tables

The exchange rate of Republican Rep is decreasing.
The exchange rate of 1 Republica to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 NGN and a low of 0 NGN . One month ago, the value of 1 Republica was ₦-- NGN , which represents a --% change from its current value. Over the last year, Republican Rep has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 14:16 today 24 hours ago 24h change
0.5 Republica
₦0.01137₦--
0.00%
1 Republica
₦0.02275₦--
0.00%
5 Republica
₦0.1137₦--
0.00%
10 Republica
₦0.2275₦--
0.00%
50 Republica
₦1.14₦--
0.00%
100 Republica
₦2.27₦--
0.00%
500 Republica
₦11.37₦--
0.00%
1000 Republica
₦22.75₦--
0.00%

Republica to NGN FAQ

How much is 1 Republican Rep in NGN?
Right now, the price of 1 Republican Rep (Republica) in Nigerian Naira (NGN) is ₦0.02275.
How much Republica can I buy for 1 NGN?
Based on the current exchange rate, you can get 43.96 Republica for 1 NGN.
How do I calculate or convert Republica to NGN?
You can use our Republica to NGN calculator at the top of this page to convert any amount of Republica to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 219.81 Republica, while 5 Republica will cost around 0.1137NGN.
What is the highest price of Republica/NGN in history?
The all-time high price of 1 Republica in NGN is --. It remains to be seen if the value of 1 Republica/NGN will exceed the current all-time high.
What is the price trend of Republican Rep in NGN?
Over the past 7 days, the exchange rate of Republican Rep (Republica) has gone down by --.   Over the last month, the exchange rate of Republican Rep (Republica) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of Republica to NGN?

There are many factors that affect the relationship between Republican Rep 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 Republica/NGN. When there is positive news in the market about the widespread adoption of Republica or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Republica/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Republica/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 Republica/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 Republican Rep 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 Republican Rep currency pairs: Republica to US Dollar (USD), Republica to Euro (EUR), Republica to Pound Sterling (GBP), Republica to Canadian Dollar (CAD), Republica to Indian Rupee (INR), Republica to Pakistani Rupee (PKR), Republica to Brazilian Real (BRL), Republica to…
The price of Republican Rep in the US is $0.{4}1508 USD. Additionally, Republican Rep’s price is €0.{4}1289 EUR in the eurozone, £0.{4}1115 GBP in the UK, C$0.{4}2090 CAD in Canada, ₹0.001329 INR in India, ₨0.004281 PKR in Pakistan, R$0.{4}8192 BRL in Brazil, and more.
The most popular Republican Rep currency pair is the Republica to Nigerian Naira(NGN). The price of 1 Republican Rep (Republica) in Nigerian Naira (NGN) is ₦0.02275.

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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.