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Shichō to NGN Converter and calculator

Shichō/NGN: 1 Shichō = 0.3483 NGN. The price of converting 1 Shichō (Shichō) to Nigerian Naira (NGN) is 0.3483 NGN today.
Shichō
Shichō
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides Shichō to NGN real-time exchange rates, making it easy to convert Shichō (Shichō) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 Shichō is currently valued at 0.3483 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Shichō is currently valued at 0.3483 NGN, which means buying 5 Shichō would cost 1.74 NGN. Similarly, ₦1 NGN can be converted to 2.87 Shichō, and ₦50 NGN can be converted to 14.36 Shichō, excluding any platform or gas fees.

Convert Shichō to NGN

Convert NGN to Shichō

Shichō
Nigerian Naira
1 Shichō
0.3483  NGN
Exchange 1 Shichō for 0.3483 NGN
2 Shichō
0.6966  NGN
Exchange 2 Shichō for 0.6966 NGN
5 Shichō
1.74  NGN
Exchange 5 Shichō for 1.74 NGN
10 Shichō
3.48  NGN
Exchange 10 Shichō for 3.48 NGN
20 Shichō
6.97  NGN
Exchange 20 Shichō for 6.97 NGN
50 Shichō
17.41  NGN
Exchange 50 Shichō for 17.41 NGN
100 Shichō
34.83  NGN
Exchange 100 Shichō for 34.83 NGN
200 Shichō
69.66  NGN
Exchange 200 Shichō for 69.66 NGN
500 Shichō
174.15  NGN
Exchange 500 Shichō for 174.15 NGN
1000 Shichō
348.3  NGN
Exchange 1000 Shichō for 348.3 NGN
5000 Shichō
1,741.5  NGN
Exchange 5000 Shichō for 1,741.5 NGN
10000 Shichō
3,482.99  NGN
Exchange 10000 Shichō for 3,482.99 NGN
In the table above, you'll find a comprehensive Shichō to NGN converter that shows the value of Shichō in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 Shichō to NGN, all the way up to 10000 Shichō, providing a clear view of their respective values.
Nigerian Naira
Shichō
1 NGN
2.87 Shichō
Exchange 1 NGN for 2.87 Shichō
10 NGN
28.71 Shichō
Exchange 10 NGN for 28.71 Shichō
50 NGN
143.55 Shichō
Exchange 50 NGN for 143.55 Shichō
100 NGN
287.11 Shichō
Exchange 100 NGN for 287.11 Shichō
200 NGN
574.22 Shichō
Exchange 200 NGN for 574.22 Shichō
500 NGN
1,435.55 Shichō
Exchange 500 NGN for 1,435.55 Shichō
1000 NGN
2,871.1 Shichō
Exchange 1000 NGN for 2,871.1 Shichō
2000 NGN
5,742.19 Shichō
Exchange 2000 NGN for 5,742.19 Shichō
5000 NGN
14,355.48 Shichō
Exchange 5000 NGN for 14,355.48 Shichō
10000 NGN
28,710.96 Shichō
Exchange 10000 NGN for 28,710.96 Shichō
50000 NGN
143,554.81 Shichō
Exchange 50000 NGN for 143,554.81 Shichō
100000 NGN
287,109.62 Shichō
Exchange 100000 NGN for 287,109.62 Shichō
In the table above, you'll find a comprehensive NGN to Shichō converter that shows the value of Nigerian Naira in Shichō across commonly used conversion amounts. The list covers conversions from 1 NGN to Shichō, all the way up to 100000 NGN, providing a clear view of their respective values.

Shichō to NGN chart

Shichō/NGN: 1 Shichō = 0.3483 NGN; 2025/09/12 20:41:24
In the past 1D, Shichō has changed +2.20% to NGN. Based on the trend and price charts, Shichō(Shichō) has changed +2.20% to NGN while Nigerian Naira(NGN) has changed % to Shichō in the last 24 hours.
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Shichō to NGN conversion data: Volatility and price changes of Shichō in NGN

The highest Shichō price in NGN over the past 7 days was -- NGN while the lowest Shichō price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Shichō price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and Shichō 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
0.3523 NGN
-- NGN
-- NGN
-- NGN
Low
0.1090 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+2.20%
--
--
--

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Bitget P2P trading does not currently support direct buying of Shichō with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy Shichō with USDT via Bitget spot market.
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Shichō information

Shichō to NGN market statistics

Shichō/NGN:
₦0.3483
Shichō 24h volume:
₦3,488,372,594.05
Shichō market cap:
₦348,298,059
Shichō circulating supply:
1000.00M Shichō

Current Shichō to NGN exchange rate

Shichō to Nigerian Naira is falling this week.
Shichō's current market price is ₦0.3483 per Shichō, with a total market cap of ₦348,298,059 NGN based on a circulating supply of 999,997,250 Shichō. The trading volume of Shichō has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, Shichō's trading volume was ₦--.

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

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Shichō to NGN Conversion tables

The exchange rate of Shichō is decreasing.
The exchange rate of 1 Shichō to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.20%, reaching a high of 0.3523 NGN and a low of 0.1090 NGN . One month ago, the value of 1 Shichō was ₦-- NGN , which represents a --% change from its current value. Over the last year, Shichō has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 20:41 today 24 hours ago 24h change
0.5 Shichō
₦0.1741₦--
+2.20%
1 Shichō
₦0.3483₦--
+2.20%
5 Shichō
₦1.74₦--
+2.20%
10 Shichō
₦3.48₦--
+2.20%
50 Shichō
₦17.41₦--
+2.20%
100 Shichō
₦34.83₦--
+2.20%
500 Shichō
₦174.15₦--
+2.20%
1000 Shichō
₦348.3₦--
+2.20%

Shichō to NGN FAQ

How much is 1 Shichō in NGN?
Right now, the price of 1 Shichō (Shichō) in Nigerian Naira (NGN) is ₦0.3483.
How much Shichō can I buy for 1 NGN?
Based on the current exchange rate, you can get 2.87 Shichō for 1 NGN.
How do I calculate or convert Shichō to NGN?
You can use our Shichō to NGN calculator at the top of this page to convert any amount of Shichō to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 14.36 Shichō, while 5 Shichō will cost around 1.74NGN.
What is the highest price of Shichō/NGN in history?
The all-time high price of 1 Shichō in NGN is --. It remains to be seen if the value of 1 Shichō/NGN will exceed the current all-time high.
What is the price trend of Shichō in NGN?
Over the past 7 days, the exchange rate of Shichō (Shichō) has gone down by --.   Over the last month, the exchange rate of Shichō (Shichō) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of Shichō to NGN?

There are many factors that affect the relationship between Shichō 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 Shichō/NGN. When there is positive news in the market about the widespread adoption of Shichō or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Shichō/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Shichō/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 Shichō/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 Shichō 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 Shichō currency pairs: Shichō to US Dollar (USD), Shichō to Euro (EUR), Shichō to Pound Sterling (GBP), Shichō to Canadian Dollar (CAD), Shichō to Indian Rupee (INR), Shichō to Pakistani Rupee (PKR), Shichō to Brazilian Real (BRL), Shichō to…
The price of Shichō in the US is $0.0002315 USD. Additionally, Shichō’s price is €0.0001972 EUR in the eurozone, £0.0001706 GBP in the UK, C$0.0003205 CAD in Canada, ₹0.02044 INR in India, ₨0.06519 PKR in Pakistan, R$0.001239 BRL in Brazil, and more.
The most popular Shichō currency pair is the Shichō to Nigerian Naira(NGN). The price of 1 Shichō (Shichō) in Nigerian Naira (NGN) is ₦0.3483.

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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.