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SPONGE to NGN Converter and calculator

SPONGE/NGN: 1 SPONGE = 0.04731 NGN. The price of converting 1 Spongebob (SPONGE) to Nigerian Naira (NGN) is 0.04731 NGN today.
SPONGE
SPONGE
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SPONGE to NGN real-time exchange rates, making it easy to convert Spongebob (SPONGE) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SPONGE is currently valued at 0.04731 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SPONGE is currently valued at 0.04731 NGN, which means buying 5 SPONGE would cost 0.2365 NGN. Similarly, ₦1 NGN can be converted to 21.14 SPONGE, and ₦50 NGN can be converted to 105.69 SPONGE, excluding any platform or gas fees.

Convert SPONGE to NGN

Convert NGN to SPONGE

Spongebob
Nigerian Naira
1 SPONGE
0.04731  NGN
Exchange 1 SPONGE for 0.04731 NGN
2 SPONGE
0.09461  NGN
Exchange 2 SPONGE for 0.09461 NGN
5 SPONGE
0.2365  NGN
Exchange 5 SPONGE for 0.2365 NGN
10 SPONGE
0.4731  NGN
Exchange 10 SPONGE for 0.4731 NGN
20 SPONGE
0.9461  NGN
Exchange 20 SPONGE for 0.9461 NGN
50 SPONGE
2.37  NGN
Exchange 50 SPONGE for 2.37 NGN
100 SPONGE
4.73  NGN
Exchange 100 SPONGE for 4.73 NGN
200 SPONGE
9.46  NGN
Exchange 200 SPONGE for 9.46 NGN
500 SPONGE
23.65  NGN
Exchange 500 SPONGE for 23.65 NGN
1000 SPONGE
47.31  NGN
Exchange 1000 SPONGE for 47.31 NGN
5000 SPONGE
236.53  NGN
Exchange 5000 SPONGE for 236.53 NGN
10000 SPONGE
473.07  NGN
Exchange 10000 SPONGE for 473.07 NGN
In the table above, you'll find a comprehensive SPONGE to NGN converter that shows the value of Spongebob in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SPONGE to NGN, all the way up to 10000 SPONGE, providing a clear view of their respective values.
Nigerian Naira
Spongebob
1 NGN
21.14 SPONGE
Exchange 1 NGN for 21.14 SPONGE
10 NGN
211.39 SPONGE
Exchange 10 NGN for 211.39 SPONGE
50 NGN
1,056.94 SPONGE
Exchange 50 NGN for 1,056.94 SPONGE
100 NGN
2,113.87 SPONGE
Exchange 100 NGN for 2,113.87 SPONGE
200 NGN
4,227.74 SPONGE
Exchange 200 NGN for 4,227.74 SPONGE
500 NGN
10,569.35 SPONGE
Exchange 500 NGN for 10,569.35 SPONGE
1000 NGN
21,138.71 SPONGE
Exchange 1000 NGN for 21,138.71 SPONGE
2000 NGN
42,277.42 SPONGE
Exchange 2000 NGN for 42,277.42 SPONGE
5000 NGN
105,693.54 SPONGE
Exchange 5000 NGN for 105,693.54 SPONGE
10000 NGN
211,387.08 SPONGE
Exchange 10000 NGN for 211,387.08 SPONGE
50000 NGN
1,056,935.42 SPONGE
Exchange 50000 NGN for 1,056,935.42 SPONGE
100000 NGN
2,113,870.83 SPONGE
Exchange 100000 NGN for 2,113,870.83 SPONGE
In the table above, you'll find a comprehensive NGN to SPONGE converter that shows the value of Nigerian Naira in Spongebob across commonly used conversion amounts. The list covers conversions from 1 NGN to SPONGE, all the way up to 100000 NGN, providing a clear view of their respective values.

SPONGE to NGN chart

SPONGE/NGN: 1 SPONGE = 0.04731 NGN; 2025/08/15 16:52:11
In the past 1D, Spongebob has changed +0.00% to NGN. Based on the trend and price charts, Spongebob(SPONGE) has changed +0.00% to NGN while Nigerian Naira(NGN) has changed % to SPONGE in the last 24 hours.
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SPONGE to NGN conversion data: Volatility and price changes of Spongebob in NGN

The highest Spongebob price in NGN over the past 7 days was 0.04760 NGN while the lowest Spongebob price in NGN over the past 7 days was 0.04448 NGN. The relative change between the highs and lows in Spongebob price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SPONGE 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
0.04731 NGN
0.04760 NGN
0.05808 NGN
0.06938 NGN
Low
0.04731 NGN
0.04448 NGN
0.04431 NGN
0.04170 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.00%
+6.36%
+0.97%
-3.42%

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

SPONGE to NGN market statistics

SPONGE/NGN:
₦0.04731
SPONGE 24h volume:
--
SPONGE market cap:
--
SPONGE circulating supply:
0 SPONGE

Current SPONGE to NGN exchange rate

Spongebob to Nigerian Naira is rising this week.
Spongebob's current market price is ₦0.04731 per SPONGE, with a total market cap of ₦0 NGN based on a circulating supply of -- SPONGE. The trading volume of Spongebob has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, SPONGE's trading volume was ₦0.

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

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SPONGE to NGN Conversion tables

The exchange rate of Spongebob is increasing.
The exchange rate of 1 SPONGE to Nigerian Naira has changed by +6.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.04731 NGN and a low of 0.04731 NGN . One month ago, the value of 1 SPONGE was ₦0.04685 NGN , which represents a +0.97% change from its current value. Over the last year, Spongebob has changed by
+
0.04731NGN
, resulting in a change of +0.77% in its value.
24 hours ago1 month ago1 year ago
Amount 16:52 today 24 hours ago 24h change
0.5 SPONGE
₦0.02365₦0.02365
+0.00%
1 SPONGE
₦0.04731₦0.04731
+0.00%
5 SPONGE
₦0.2365₦0.2365
+0.00%
10 SPONGE
₦0.4731₦0.4731
+0.00%
50 SPONGE
₦2.37₦2.37
+0.00%
100 SPONGE
₦4.73₦4.73
+0.00%
500 SPONGE
₦23.65₦23.65
+0.00%
1000 SPONGE
₦47.31₦47.31
+0.00%

SPONGE to NGN FAQ

How much is 1 Spongebob in NGN?
Right now, the price of 1 Spongebob (SPONGE) in Nigerian Naira (NGN) is ₦0.04731.
How much SPONGE can I buy for 1 NGN?
Based on the current exchange rate, you can get 21.14 SPONGE for 1 NGN.
How do I calculate or convert SPONGE to NGN?
You can use our SPONGE to NGN calculator at the top of this page to convert any amount of SPONGE to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 105.69 SPONGE, while 5 SPONGE will cost around 0.2365NGN.
What is the highest price of SPONGE/NGN in history?
The all-time high price of 1 SPONGE in NGN is ₦3.16. It remains to be seen if the value of 1 SPONGE/NGN will exceed the current all-time high.
What is the price trend of Spongebob in NGN?
Over the past 7 days, the exchange rate of Spongebob (SPONGE) has gone up by 6.36%.   Over the last month, the exchange rate of Spongebob (SPONGE) has gone up by 0.97% against Nigerian Naira (NGN).

What factors influence the conversion rate of SPONGE to NGN?

There are many factors that affect the relationship between Spongebob 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 SPONGE/NGN. When there is positive news in the market about the widespread adoption of SPONGE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SPONGE/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SPONGE/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 SPONGE/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 Spongebob 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 Spongebob currency pairs: SPONGE to US Dollar (USD), SPONGE to Euro (EUR), SPONGE to Pound Sterling (GBP), SPONGE to Canadian Dollar (CAD), SPONGE to Indian Rupee (INR), SPONGE to Pakistani Rupee (PKR), SPONGE to Brazilian Real (BRL), SPONGE to…
The price of Spongebob in the US is $0.{4}3091 USD. Additionally, Spongebob’s price is €0.{4}2640 EUR in the eurozone, £0.{4}2279 GBP in the UK, C$0.{4}4269 CAD in Canada, ₹0.002705 INR in India, ₨0.008767 PKR in Pakistan, R$0.0001668 BRL in Brazil, and more.
The most popular Spongebob currency pair is the SPONGE to Nigerian Naira(NGN). The price of 1 Spongebob (SPONGE) in Nigerian Naira (NGN) is ₦0.04731.

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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.