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base info Bonded Cronos

Bonded Cronos to Nigerian Naira Converter and calculator

Convert 1Bonded Cronos (BCRO) to Nigerian Naira (NGN) equals ₦ 235.19 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Bonded Cronos(BCRO) to Nigerian Naira(NGN). This is the real-time data. The current conversion shows 1 BCRO at a value of 1 BCRO for 235.19 NGN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NGN 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Bonded Cronos currency pair is the BCRO to NGN, with for Bonded Cronos's currency code being BCRO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

BCRO to NGN conversion rate trend

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In the past 1D, Bonded Cronos has changed +0.12% to NGN. Based on the trend and price charts, Bonded Cronos(BCRO) has changed +0.12% to NGN while Nigerian Naira(NGN) has changed % to BCRO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₦235.19
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/08 07:44:26(UTC+0)

How to buy Bonded Cronos

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Bonded Cronos (BCRO)
Use a variety of payment options to buy Bonded Cronos on Bitget. We'll show you how.

Buy BCRO (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading does not currently support direct buying of BCRO with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy BCRO with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
T
Timmy_AsapVerified Merchant
4045 tradesCompletion rate 100.00%
1522.22 NGN
Amount5 USDT
Limit1500 - 1500 NGN
Bank Transfer
Buy
A
AbbyTrade_04Verified Merchant
609 tradesCompletion rate 92.00%
1529 NGN
Amount360.58 USDT
Limit15290 - 45870 NGN
Bank Transfer
Buy
c
crown001__exchangeVerified Merchant
329 tradesCompletion rate 89.00%
1529.99 NGN
Amount43.16 USDT
Limit66000 - 66000 NGN
Bank Transfer
Buy
H
Hayourdele01Verified Merchant
122 tradesCompletion rate 100.00%
1530 NGN
Amount519.56 USDT
Limit200000 - 794900 NGN
Bank Transfer
Buy
P
PushPayGolden merchantVerified Merchant
1074 tradesCompletion rate 99.00%
1530.99 NGN
Amount40.3 USDT
Limit10000 - 331688.98 NGN
Bank Transfer
Buy

Sell BCRO (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading currently does not support direct selling of BCRO to NGN. However, you can first exchange BCRO for USDT in the Bitget spot market, and then sell USDT to NGN in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
i
iPay_fastVerified Merchant
29 tradesCompletion rate 97.00%
1530.51 NGN
Amount100000 USDT
Limit1000000 - 75000000 NGN
Bank Transfer
Sell
B
Brevado_GlobalVerified Merchant
193 tradesCompletion rate 95.00%
1530.51 NGN
Amount50000 USDT
Limit500000 - 75000000 NGN
Bank Transfer
Sell
d
dbest1221Verified Merchant
241 tradesCompletion rate 96.00%
1530.5 NGN
Amount100000 USDT
Limit500000 - 75000000 NGN
Bank Transfer
Sell
V
VicolaVerified Merchant
229 tradesCompletion rate 100.00%
1530.3 NGN
Amount223.37 USDT
Limit1550 - 14900 NGN
Bank Transfer
Sell
Y
YourbrotherVerified Merchant
349 tradesCompletion rate 99.00%
1530.15 NGN
Amount97 USDT
Limit100000 - 555444.45 NGN
Bank Transfer
Sell

What factors influence the conversion rate of Bonded Cronos to Nigerian Naira?

Bonded Cronos to Nigerian Naira is falling this week.
Bonded Cronos's current market price is ₦ 235.19 per BCRO, with a total market cap of ₦ 0 NGN based on a circulating supply of -- BCRO. The trading volume of Bonded Cronos has changed by +443.27% (₦ 265,343.26 NGN) in the last 24 hours. Last trading day, BCRO's trading volume was ₦ 59,860.75.
Market cap
$0
24h volume
$214.30248096
Circulating supply
0 BCRO

Conversion tables

The exchange rate of Bonded Cronos is increasing.
1 BCRO is currently valued at ₦ 235.19 NGN , which means buying 5 BCRO will cost ₦ 1,175.94 NGN . Similarly, ₦1 NGN can be traded for 0.004252 BCRO, and ₦50 NGN can be converted to 0.2126 BCRO, excluding any platform or gas fees.
The exchange rate of 1 BCRO to Nigerian Naira has changed by -1.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.12%, reaching a high of 157.29 NGN and a low of 157.04 NGN . One month ago, the value of 1 BCRO was ₦ 214.37 NGN , which represents a +15.26% change from its current value. Over the last year, Bonded Cronos has changed by
+
27.03NGN
, resulting in a change of +20.76% in its value.

BCRO to NGN

Amount
07:44 am today
0.5 BCRO
117.59
1 BCRO
235.19
5 BCRO
1,175.94
10 BCRO
2,351.88
50 BCRO
11,759.38
100 BCRO
23,518.77
500 BCRO
117,593.84
1000 BCRO
235,187.69

NGN to BCRO

Amount07:44 am today
0.5NGN0.002126  BCRO
1NGN0.004252  BCRO
5NGN0.02126  BCRO
10NGN0.04252  BCRO
50NGN0.2126  BCRO
100NGN0.4252  BCRO
500NGN2.13  BCRO
1000NGN4.25  BCRO
Buy Bonded Cronos for 1 NGN
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Today vs. 24 hours ago

Amount07:44 am today24 hours ago24h change
0.5 BCRO$0.07749$0.07743
+0.12%
1 BCRO$0.1550$0.1549
+0.12%
5 BCRO$0.7749$0.7743
+0.12%
10 BCRO$1.55$1.55
+0.12%
50 BCRO$7.75$7.74
+0.12%
100 BCRO$15.5$15.49
+0.12%
500 BCRO$77.49$77.43
+0.12%
1000 BCRO$154.98$154.86
+0.12%

Today vs. 1 month ago

Amount07:44 am today1 month ago1M change
0.5 BCRO$0.07749$0.07063
+15.26%
1 BCRO$0.1550$0.1413
+15.26%
5 BCRO$0.7749$0.7063
+15.26%
10 BCRO$1.55$1.41
+15.26%
50 BCRO$7.75$7.06
+15.26%
100 BCRO$15.5$14.13
+15.26%
500 BCRO$77.49$70.63
+15.26%
1000 BCRO$154.98$141.26
+15.26%
Buy Bonded Cronos for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bonded Cronos now

Today vs. 1 year ago

Amount07:44 am today1 year ago1Y change
0.5 BCRO$0.07749$0.06859
+20.76%
1 BCRO$0.1550$0.1372
+20.76%
5 BCRO$0.7749$0.6859
+20.76%
10 BCRO$1.55$1.37
+20.76%
50 BCRO$7.75$6.86
+20.76%
100 BCRO$15.5$13.72
+20.76%
500 BCRO$77.49$68.59
+20.76%
1000 BCRO$154.98$137.17
+20.76%

Bonded Cronos price prediction

What will the price of BCRO be in 2025?

Based on BCRO's historical price performance prediction model, the price of BCRO is projected to reach $0.1347 in 2025.

What will the price of BCRO be in 2030?

In 2030, the BCRO price is expected to change by -8.00%. By the end of 2030, the BCRO price is projected to reach $0.1482, with a cumulative ROI of -4.35%.
Buy Bonded Cronos for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Bonded Cronos for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Bonded Cronos for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Bonded Cronos and NGN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Bonded Cronos and NGN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Bonded Cronos in NGN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Bonded Cronos for 1 NGN

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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.