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Sombrero to NGN Converter and calculator

Sombrero/NGN: 1 Sombrero = 0.{9}2434 NGN. The price of converting 1 Sombrero (Sombrero) to Nigerian Naira (NGN) is 0.{9}2434 NGN today.
Sombrero
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides Sombrero to NGN real-time exchange rates, making it easy to convert Sombrero (Sombrero) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 Sombrero is currently valued at 0.{9}2434 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Sombrero is currently valued at 0.{9}2434 NGN, which means buying 5 Sombrero would cost 0.{8}1217 NGN. Similarly, ₦1 NGN can be converted to 4,107,796,613.79 Sombrero, and ₦50 NGN can be converted to 20,538,983,068.96 Sombrero, excluding any platform or gas fees.

Convert Sombrero to NGN

Convert NGN to Sombrero

Sombrero
Nigerian Naira
1 Sombrero
0.{9}2434  NGN
Exchange 1 Sombrero for 0.{9}2434 NGN
2 Sombrero
0.{9}4869  NGN
Exchange 2 Sombrero for 0.{9}4869 NGN
5 Sombrero
0.{8}1217  NGN
Exchange 5 Sombrero for 0.{8}1217 NGN
10 Sombrero
0.{8}2434  NGN
Exchange 10 Sombrero for 0.{8}2434 NGN
20 Sombrero
0.{8}4869  NGN
Exchange 20 Sombrero for 0.{8}4869 NGN
50 Sombrero
0.{7}1217  NGN
Exchange 50 Sombrero for 0.{7}1217 NGN
100 Sombrero
0.{7}2434  NGN
Exchange 100 Sombrero for 0.{7}2434 NGN
200 Sombrero
0.{7}4869  NGN
Exchange 200 Sombrero for 0.{7}4869 NGN
500 Sombrero
0.{6}1217  NGN
Exchange 500 Sombrero for 0.{6}1217 NGN
1000 Sombrero
0.{6}2434  NGN
Exchange 1000 Sombrero for 0.{6}2434 NGN
5000 Sombrero
0.{5}1217  NGN
Exchange 5000 Sombrero for 0.{5}1217 NGN
10000 Sombrero
0.{5}2434  NGN
Exchange 10000 Sombrero for 0.{5}2434 NGN
In the table above, you'll find a comprehensive Sombrero to NGN converter that shows the value of Sombrero in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 Sombrero to NGN, all the way up to 10000 Sombrero, providing a clear view of their respective values.
Nigerian Naira
Sombrero
1 NGN
4,107,796,613.79 Sombrero
Exchange 1 NGN for 4,107,796,613.79 Sombrero
10 NGN
41,077,966,137.91 Sombrero
Exchange 10 NGN for 41,077,966,137.91 Sombrero
50 NGN
205,389,830,689.57 Sombrero
Exchange 50 NGN for 205,389,830,689.57 Sombrero
100 NGN
410,779,661,379.13 Sombrero
Exchange 100 NGN for 410,779,661,379.13 Sombrero
200 NGN
821,559,322,758.26 Sombrero
Exchange 200 NGN for 821,559,322,758.26 Sombrero
500 NGN
2,053,898,306,895.66 Sombrero
Exchange 500 NGN for 2,053,898,306,895.66 Sombrero
1000 NGN
4,107,796,613,791.32 Sombrero
Exchange 1000 NGN for 4,107,796,613,791.32 Sombrero
2000 NGN
8,215,593,227,582.64 Sombrero
Exchange 2000 NGN for 8,215,593,227,582.64 Sombrero
5000 NGN
20,538,983,068,956.6 Sombrero
Exchange 5000 NGN for 20,538,983,068,956.6 Sombrero
10000 NGN
41,077,966,137,913.2 Sombrero
Exchange 10000 NGN for 41,077,966,137,913.2 Sombrero
50000 NGN
205,389,830,689,566 Sombrero
Exchange 50000 NGN for 205,389,830,689,566 Sombrero
100000 NGN
410,779,661,379,132 Sombrero
Exchange 100000 NGN for 410,779,661,379,132 Sombrero
In the table above, you'll find a comprehensive NGN to Sombrero converter that shows the value of Nigerian Naira in Sombrero across commonly used conversion amounts. The list covers conversions from 1 NGN to Sombrero, all the way up to 100000 NGN, providing a clear view of their respective values.

Sombrero to NGN chart

Sombrero/NGN: 1 Sombrero = 0.{9}2434 NGN; 2025/10/09 17:57:19
In the past 1D, Sombrero has changed -0.06% to NGN. Based on the trend and price charts, Sombrero(Sombrero) has changed -0.06% to NGN while Nigerian Naira(NGN) has changed % to Sombrero in the last 24 hours.
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Sombrero to NGN conversion data: Volatility and price changes of Sombrero in NGN

The highest Sombrero price in NGN over the past 7 days was -- NGN while the lowest Sombrero price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Sombrero price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and Sombrero 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.{9}2578 NGN
-- NGN
-- NGN
-- NGN
Low
0.{9}2434 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.06%
--
--
--

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

Sombrero to NGN market statistics

Sombrero/NGN:
₦0.{9}2434
Sombrero 24h volume:
₦279.83
Sombrero market cap:
₦0.2434
Sombrero circulating supply:
1.00B Sombrero

Current Sombrero to NGN exchange rate

Sombrero to Nigerian Naira is falling this week.
Sombrero's current market price is ₦0.{9}2434 per Sombrero, with a total market cap of ₦0.2434 NGN based on a circulating supply of 1,000,000,000 Sombrero. The trading volume of Sombrero has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, Sombrero's trading volume was ₦--.

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

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How to convert Sombrero to NGN

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Sombrero to NGN Conversion tables

The exchange rate of Sombrero is decreasing.
The exchange rate of 1 Sombrero to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.06%, reaching a high of 0.{9}2578 NGN and a low of 0.{9}2434 NGN . One month ago, the value of 1 Sombrero was ₦-- NGN , which represents a --% change from its current value. Over the last year, Sombrero has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 17:57 today 24 hours ago 24h change
0.5 Sombrero
₦0.{9}1217₦--
-0.06%
1 Sombrero
₦0.{9}2434₦--
-0.06%
5 Sombrero
₦0.{8}1217₦--
-0.06%
10 Sombrero
₦0.{8}2434₦--
-0.06%
50 Sombrero
₦0.{7}1217₦--
-0.06%
100 Sombrero
₦0.{7}2434₦--
-0.06%
500 Sombrero
₦0.{6}1217₦--
-0.06%
1000 Sombrero
₦0.{6}2434₦--
-0.06%

Sombrero to NGN FAQ

How much is 1 Sombrero in NGN?
Right now, the price of 1 Sombrero (Sombrero) in Nigerian Naira (NGN) is ₦0.{9}2434.
How much Sombrero can I buy for 1 NGN?
Based on the current exchange rate, you can get 4,107,796,613.79 Sombrero for 1 NGN.
How do I calculate or convert Sombrero to NGN?
You can use our Sombrero to NGN calculator at the top of this page to convert any amount of Sombrero to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 20,538,983,068.96 Sombrero, while 5 Sombrero will cost around 0.{8}1217NGN.
What is the highest price of Sombrero/NGN in history?
The all-time high price of 1 Sombrero in NGN is --. It remains to be seen if the value of 1 Sombrero/NGN will exceed the current all-time high.
What is the price trend of Sombrero in NGN?
Over the past 7 days, the exchange rate of Sombrero (Sombrero) has gone down by --.   Over the last month, the exchange rate of Sombrero (Sombrero) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of Sombrero to NGN?

There are many factors that affect the relationship between Sombrero 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 Sombrero/NGN. When there is positive news in the market about the widespread adoption of Sombrero or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Sombrero/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Sombrero/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 Sombrero/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 Sombrero 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 Sombrero currency pairs: Sombrero to US Dollar (USD), Sombrero to Euro (EUR), Sombrero to Pound Sterling (GBP), Sombrero to Canadian Dollar (CAD), Sombrero to Indian Rupee (INR), Sombrero to Pakistani Rupee (PKR), Sombrero to Brazilian Real (BRL), Sombrero to…
The price of Sombrero in the US is $0.{12}1647 USD. Additionally, Sombrero’s price is €0.{12}1425 EUR in the eurozone, £0.{12}1239 GBP in the UK, C$0.{12}2309 CAD in Canada, ₹0.{10}1464 INR in India, ₨0.{10}4669 PKR in Pakistan, R$0.{12}8843 BRL in Brazil, and more.
The most popular Sombrero currency pair is the Sombrero to Nigerian Naira(NGN). The price of 1 Sombrero (Sombrero) in Nigerian Naira (NGN) is ₦0.{9}2434.

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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.