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SPIKE to NGN Converter and calculator

SPIKE/NGN: 1 SPIKE = 0.05674 NGN. The price of converting 1 Spike (SPIKE) to Nigerian Naira (NGN) is 0.05674 NGN today.
SPIKE
SPIKE
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SPIKE to NGN real-time exchange rates, making it easy to convert Spike (SPIKE) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SPIKE is currently valued at 0.05674 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SPIKE is currently valued at 0.05674 NGN, which means buying 5 SPIKE would cost 0.2837 NGN. Similarly, ₦1 NGN can be converted to 17.63 SPIKE, and ₦50 NGN can be converted to 88.13 SPIKE, excluding any platform or gas fees.

Convert SPIKE to NGN

Convert NGN to SPIKE

Spike
Nigerian Naira
1 SPIKE
0.05674  NGN
Exchange 1 SPIKE for 0.05674 NGN
2 SPIKE
0.1135  NGN
Exchange 2 SPIKE for 0.1135 NGN
5 SPIKE
0.2837  NGN
Exchange 5 SPIKE for 0.2837 NGN
10 SPIKE
0.5674  NGN
Exchange 10 SPIKE for 0.5674 NGN
20 SPIKE
1.13  NGN
Exchange 20 SPIKE for 1.13 NGN
50 SPIKE
2.84  NGN
Exchange 50 SPIKE for 2.84 NGN
100 SPIKE
5.67  NGN
Exchange 100 SPIKE for 5.67 NGN
200 SPIKE
11.35  NGN
Exchange 200 SPIKE for 11.35 NGN
500 SPIKE
28.37  NGN
Exchange 500 SPIKE for 28.37 NGN
1000 SPIKE
56.74  NGN
Exchange 1000 SPIKE for 56.74 NGN
5000 SPIKE
283.68  NGN
Exchange 5000 SPIKE for 283.68 NGN
10000 SPIKE
567.36  NGN
Exchange 10000 SPIKE for 567.36 NGN
In the table above, you'll find a comprehensive SPIKE to NGN converter that shows the value of Spike in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SPIKE to NGN, all the way up to 10000 SPIKE, providing a clear view of their respective values.
Nigerian Naira
Spike
1 NGN
17.63 SPIKE
Exchange 1 NGN for 17.63 SPIKE
10 NGN
176.26 SPIKE
Exchange 10 NGN for 176.26 SPIKE
50 NGN
881.28 SPIKE
Exchange 50 NGN for 881.28 SPIKE
100 NGN
1,762.55 SPIKE
Exchange 100 NGN for 1,762.55 SPIKE
200 NGN
3,525.11 SPIKE
Exchange 200 NGN for 3,525.11 SPIKE
500 NGN
8,812.76 SPIKE
Exchange 500 NGN for 8,812.76 SPIKE
1000 NGN
17,625.53 SPIKE
Exchange 1000 NGN for 17,625.53 SPIKE
2000 NGN
35,251.06 SPIKE
Exchange 2000 NGN for 35,251.06 SPIKE
5000 NGN
88,127.65 SPIKE
Exchange 5000 NGN for 88,127.65 SPIKE
10000 NGN
176,255.29 SPIKE
Exchange 10000 NGN for 176,255.29 SPIKE
50000 NGN
881,276.47 SPIKE
Exchange 50000 NGN for 881,276.47 SPIKE
100000 NGN
1,762,552.93 SPIKE
Exchange 100000 NGN for 1,762,552.93 SPIKE
In the table above, you'll find a comprehensive NGN to SPIKE converter that shows the value of Nigerian Naira in Spike across commonly used conversion amounts. The list covers conversions from 1 NGN to SPIKE, all the way up to 100000 NGN, providing a clear view of their respective values.

SPIKE to NGN chart

SPIKE/NGN: 1 SPIKE = 0.05674 NGN; 2025/08/14 20:03:54
In the past 1D, Spike has changed -2.45% to NGN. Based on the trend and price charts, Spike(SPIKE) has changed -2.45% to NGN while Nigerian Naira(NGN) has changed % to SPIKE in the last 24 hours.
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SPIKE to NGN conversion data: Volatility and price changes of Spike in NGN

The highest Spike price in NGN over the past 7 days was 0.05915 NGN while the lowest Spike price in NGN over the past 7 days was 0.04789 NGN. The relative change between the highs and lows in Spike price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SPIKE 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
0.05915 NGN
0.05915 NGN
0.06146 NGN
0.06822 NGN
Low
0.05674 NGN
0.04789 NGN
0.04503 NGN
0.03932 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-2.45%
+18.47%
+11.41%
-18.38%

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Spike information

SPIKE to NGN market statistics

SPIKE/NGN:
₦0.05674
SPIKE 24h volume:
--
SPIKE market cap:
₦54,350,992.33
SPIKE circulating supply:
957.97M SPIKE

Current SPIKE to NGN exchange rate

Spike to Nigerian Naira is rising this week.
Spike's current market price is ₦0.05674 per SPIKE, with a total market cap of ₦54,350,992.33 NGN based on a circulating supply of 957,965,000 SPIKE. The trading volume of Spike has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, SPIKE's trading volume was ₦0.

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

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How to convert SPIKE to NGN

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SPIKE to NGN Conversion tables

The exchange rate of Spike is increasing.
The exchange rate of 1 SPIKE to Nigerian Naira has changed by +18.47% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.45%, reaching a high of 0.05915 NGN and a low of 0.05674 NGN . One month ago, the value of 1 SPIKE was ₦0.05092 NGN , which represents a +11.41% change from its current value. Over the last year, Spike has changed by
-
0.1434NGN
, resulting in a change of -71.65% in its value.
24 hours ago1 month ago1 year ago
Amount 20:03 today 24 hours ago 24h change
0.5 SPIKE
₦0.02837₦0.02908
-2.45%
1 SPIKE
₦0.05674₦0.05816
-2.45%
5 SPIKE
₦0.2837₦0.2908
-2.45%
10 SPIKE
₦0.5674₦0.5816
-2.45%
50 SPIKE
₦2.84₦2.91
-2.45%
100 SPIKE
₦5.67₦5.82
-2.45%
500 SPIKE
₦28.37₦29.08
-2.45%
1000 SPIKE
₦56.74₦58.16
-2.45%

SPIKE to NGN FAQ

How much is 1 Spike in NGN?
Right now, the price of 1 Spike (SPIKE) in Nigerian Naira (NGN) is ₦0.05674.
How much SPIKE can I buy for 1 NGN?
Based on the current exchange rate, you can get 17.63 SPIKE for 1 NGN.
How do I calculate or convert SPIKE to NGN?
You can use our SPIKE to NGN calculator at the top of this page to convert any amount of SPIKE to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 88.13 SPIKE, while 5 SPIKE will cost around 0.2837NGN.
What is the highest price of SPIKE/NGN in history?
The all-time high price of 1 SPIKE in NGN is ₦73.3. It remains to be seen if the value of 1 SPIKE/NGN will exceed the current all-time high.
What is the price trend of Spike in NGN?
Over the past 7 days, the exchange rate of Spike (SPIKE) has gone up by 18.47%.   Over the last month, the exchange rate of Spike (SPIKE) has gone up by 11.41% against Nigerian Naira (NGN).

What factors influence the conversion rate of SPIKE to NGN?

There are many factors that affect the relationship between Spike 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 SPIKE/NGN. When there is positive news in the market about the widespread adoption of SPIKE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SPIKE/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SPIKE/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 SPIKE/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 Spike 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 Spike currency pairs: SPIKE to US Dollar (USD), SPIKE to Euro (EUR), SPIKE to Pound Sterling (GBP), SPIKE to Canadian Dollar (CAD), SPIKE to Indian Rupee (INR), SPIKE to Pakistani Rupee (PKR), SPIKE to Brazilian Real (BRL), SPIKE to…
The price of Spike in the US is $0.{4}3701 USD. Additionally, Spike’s price is €0.{4}3179 EUR in the eurozone, £0.{4}2735 GBP in the UK, C$0.{4}5112 CAD in Canada, ₹0.003243 INR in India, ₨0.01045 PKR in Pakistan, R$0.0002002 BRL in Brazil, and more.
The most popular Spike currency pair is the SPIKE to Nigerian Naira(NGN). The price of 1 Spike (SPIKE) in Nigerian Naira (NGN) is ₦0.05674.

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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.