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SHIA to NGN Converter and calculator

SHIA/NGN: 1 SHIA = 0.2327 NGN. The price of converting 1 Shiba Saga (SHIA) to Nigerian Naira (NGN) is 0.2327 NGN today.
SHIA
SHIA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHIA to NGN real-time exchange rates, making it easy to convert Shiba Saga (SHIA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SHIA is currently valued at 0.2327 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHIA is currently valued at 0.2327 NGN, which means buying 5 SHIA would cost 1.16 NGN. Similarly, ₦1 NGN can be converted to 4.3 SHIA, and ₦50 NGN can be converted to 21.48 SHIA, excluding any platform or gas fees.

Convert SHIA to NGN

Convert NGN to SHIA

Shiba Saga
Nigerian Naira
1000 SHIA
232.73  NGN
5000 SHIA
1,163.65  NGN
10000 SHIA
2,327.3  NGN
In the table above, you'll find a comprehensive SHIA to NGN converter that shows the value of Shiba Saga in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SHIA to NGN, all the way up to 10000 SHIA, providing a clear view of their respective values.
Nigerian Naira
Shiba Saga
5000 NGN
21,484.14 SHIA
10000 NGN
42,968.28 SHIA
50000 NGN
214,841.39 SHIA
100000 NGN
429,682.79 SHIA
In the table above, you'll find a comprehensive NGN to SHIA converter that shows the value of Nigerian Naira in Shiba Saga across commonly used conversion amounts. The list covers conversions from 1 NGN to SHIA, all the way up to 100000 NGN, providing a clear view of their respective values.

SHIA to NGN chart

SHIA/NGN: 1 SHIA = 0.2327 NGN; 2025/06/22 15:41:07
In the past 1D, Shiba Saga has changed -15.49% to NGN. Based on the trend and price charts, Shiba Saga(SHIA) has changed -15.49% to NGN while Nigerian Naira(NGN) has changed % to SHIA in the last 24 hours.
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SHIA to NGN conversion data: Volatility and price changes of Shiba Saga in NGN

The highest Shiba Saga price in NGN over the past 7 days was 0.2980 NGN while the lowest Shiba Saga price in NGN over the past 7 days was 0.2327 NGN. The relative change between the highs and lows in Shiba Saga price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SHIA 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
0.2605 NGN
0.2980 NGN
0.3542 NGN
0.4332 NGN
Low
0.2327 NGN
0.2327 NGN
0.1745 NGN
0.1079 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-15.49%
-17.23%
+30.14%
-42.41%

Shiba Saga information

SHIA to NGN market statistics

SHIA/NGN:
₦0.2327
SHIA 24h volume:
--
SHIA market cap:
₦12,552,708.95
SHIA circulating supply:
53.94M SHIA

Current SHIA to NGN exchange rate

Shiba Saga to Nigerian Naira is falling this week.
Shiba Saga's current market price is ₦0.2327 per SHIA, with a total market cap of ₦12,552,708.95 NGN based on a circulating supply of 53,936,830 SHIA. The trading volume of Shiba Saga has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, SHIA's trading volume was ₦0.

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

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How to convert SHIA to NGN

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SHIA to NGN Conversion tables

The exchange rate of Shiba Saga is increasing.
The exchange rate of 1 SHIA to Nigerian Naira has changed by -17.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by -15.49%, reaching a high of 0.2605 NGN and a low of 0.2327 NGN . One month ago, the value of 1 SHIA was ₦0.1788 NGN , which represents a +30.14% change from its current value. Over the last year, Shiba Saga has changed by
-
1.02NGN
, resulting in a change of -81.44% in its value.
24 hours ago1 month ago1 year ago
Amount 15:41 today 24 hours ago 24h change
0.5 SHIA
₦0.1164₦0.1377
-15.49%
1 SHIA
₦0.2327₦0.2754
-15.49%
5 SHIA
₦1.16₦1.38
-15.49%
10 SHIA
₦2.33₦2.75
-15.49%
50 SHIA
₦11.64₦13.77
-15.49%
100 SHIA
₦23.27₦27.54
-15.49%
500 SHIA
₦116.36₦137.69
-15.49%
1000 SHIA
₦232.73₦275.38
-15.49%

SHIA to NGN FAQ

How much is 1 Shiba Saga in NGN?
Right now, the price of 1 Shiba Saga (SHIA) in Nigerian Naira (NGN) is ₦0.2327.
How much SHIA can I buy for 1 NGN?
Based on the current exchange rate, you can get 4.3 SHIA for 1 NGN.
How do I calculate or convert SHIA to NGN?
You can use our SHIA to NGN calculator at the top of this page to convert any amount of SHIA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 21.48 SHIA, while 5 SHIA will cost around 1.16NGN.
What is the highest price of SHIA/NGN in history?
The all-time high price of 1 SHIA in NGN is ₦1,216.98. It remains to be seen if the value of 1 SHIA/NGN will exceed the current all-time high.
What is the price trend of Shiba Saga in NGN?
Over the past 7 days, the exchange rate of Shiba Saga (SHIA) has gone down by 17.23%.   Over the last month, the exchange rate of Shiba Saga (SHIA) has gone up by 30.14% against Nigerian Naira (NGN).

What factors influence the conversion rate of SHIA to NGN?

There are many factors that affect the relationship between Shiba Saga 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 SHIA/NGN. When there is positive news in the market about the widespread adoption of SHIA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHIA/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHIA/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 SHIA/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 Shiba Saga 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 Shiba Saga currency pairs: SHIA to US Dollar (USD), SHIA to Euro (EUR), SHIA to Pound Sterling (GBP), SHIA to Canadian Dollar (CAD), SHIA to Indian Rupee (INR), SHIA to Pakistani Rupee (PKR), SHIA to Brazilian Real (BRL), SHIA to…
The price of Shiba Saga in the US is $0.0001501 USD. Additionally, Shiba Saga’s price is €0.0001303 EUR in the eurozone, £0.0001116 GBP in the UK, C$0.0002062 CAD in Canada, ₹0.01300 INR in India, ₨0.04263 PKR in Pakistan, R$0.0008277 BRL in Brazil, and more.
The most popular Shiba Saga currency pair is the SHIA to Nigerian Naira(NGN). The price of 1 Shiba Saga (SHIA) in Nigerian Naira (NGN) is ₦0.2327.

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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.