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NCAT to Nigerian Naira Converter and calculator

Convert 1NCAT (NCAT) to Nigerian Naira (NGN) equals ₦ 0 | 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 NCAT(NCAT) to Nigerian Naira(NGN). This is the real-time data. The current conversion shows 1 NCAT at a value of 1 NCAT for 0 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 NCAT currency pair is the NCAT to NGN, with for NCAT's currency code being NCAT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

NCAT to NGN conversion rate trend

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In the past 1D, NCAT has changed +0.00% to NGN. Based on the trend and price charts, NCAT(NCAT) has changed +0.00% to NGN while Nigerian Naira(NGN) has changed % to NCAT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₦0
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/11 10:15:11(UTC+0)

How to buy NCAT

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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 NCAT (NCAT)
Use a variety of payment options to buy NCAT on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of NCAT with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy NCAT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
D
Dadysalahu20Verified Merchant
1800 tradesCompletion rate 100.00%
1405 NGN
Amount70 USDT
Limit14050 - 14050 NGN
Bank Transfer
Buy
B
Bobszn001Golden merchantVerified Merchant
2226 tradesCompletion rate 99.00%
1521 NGN
Amount5 USDT
Limit1500 - 1500 NGN
Bank Transfer
Buy
T
Timmy_AsapVerified Merchant
3725 tradesCompletion rate 100.00%
1522.22 NGN
Amount5 USDT
Limit1500 - 1500 NGN
Bank Transfer
Buy
T
TheBullTraderVerified Merchant
1460 tradesCompletion rate 98.00%
1537.6 NGN
Amount45 USDT
Limit23000 - 23000 NGN
Bank Transfer
Buy
c
crown001__exchangeVerified Merchant
413 tradesCompletion rate 88.00%
1550 NGN
Amount12.51 USDT
Limit19390 - 19390 NGN
Bank Transfer
Buy

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

Bitget P2P trading currently does not support direct selling of NCAT to NGN. However, you can first exchange NCAT 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
Y
Yanki Verified Merchant
18 tradesCompletion rate 50.00%
1551.03 NGN
Amount100000 USDT
Limit2000000 - 75000000 NGN
Bank Transfer
Sell
B
BastomyVerified Merchant
8 tradesCompletion rate 100.00%
1551 NGN
Amount65 USDT
Limit100000 - 100815 NGN
Bank Transfer
Sell
S
Sylvic Worl111Verified Merchant
440 tradesCompletion rate 100.00%
1551 NGN
Amount614.13 USDT
Limit700000 - 8549313.63 NGN
Bank Transfer
Sell
S
Sylvic Worl111Verified Merchant
440 tradesCompletion rate 100.00%
1550.7 NGN
Amount7819.18 USDT
Limit700000 - 14750615.06 NGN
Bank Transfer
Sell
F
Fastpayer01Verified Merchant
645 tradesCompletion rate 99.00%
1550.51 NGN
Amount97678.77 USDT
Limit500000 - 75000000 NGN
Bank Transfer
Sell

What factors influence the conversion rate of NCAT to Nigerian Naira?

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

Conversion tables

The exchange rate of NCAT is decreasing.
1 NCAT is currently valued at ₦ 0 NGN , which means buying 5 NCAT will cost ₦ 0 NGN . Similarly, ₦1 NGN can be traded for Infinity NCAT, and ₦50 NGN can be converted to Infinity NCAT, excluding any platform or gas fees.
The exchange rate of 1 NCAT to Nigerian Naira has changed by -0.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.001826 NGN and a low of 0.001826 NGN . One month ago, the value of 1 NCAT was ₦ 0.0008730 NGN , which represents a -32.34% change from its current value. Over the last year, NCAT has changed by
+
0.001826NGN
, resulting in a change of 0.00% in its value.

NCAT to NGN

Amount
10:15 am today
0.5 NCAT
0
1 NCAT
0
5 NCAT
0
10 NCAT
0
50 NCAT
0
100 NCAT
0
500 NCAT
0
1000 NCAT
0

NGN to NCAT

Amount10:15 am today
0.5NGNInfinity  NCAT
1NGNInfinity  NCAT
5NGNInfinity  NCAT
10NGNInfinity  NCAT
50NGNInfinity  NCAT
100NGNInfinity  NCAT
500NGNInfinity  NCAT
1000NGNInfinity  NCAT
Buy NCAT for 1 NGN
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Today vs. 24 hours ago

Amount10:15 am today24 hours ago24h change
0.5 NCAT$0.00$0.00
+0.00%
1 NCAT$0.00$0.00
+0.00%
5 NCAT$0.00$0.00
+0.00%
10 NCAT$0.00$0.00
+0.00%
50 NCAT$0.00$0.00
+0.00%
100 NCAT$0.00$0.00
+0.00%
500 NCAT$0.00$0.00
+0.00%
1000 NCAT$0.00$0.00
+0.00%

Today vs. 1 month ago

Amount10:15 am today1 month ago1M change
0.5 NCAT$0.00$0.{6}3105
-32.34%
1 NCAT$0.00$0.{6}6209
-32.34%
5 NCAT$0.00$0.{5}3105
-32.34%
10 NCAT$0.00$0.{5}6209
-32.34%
50 NCAT$0.00$0.{4}3105
-32.34%
100 NCAT$0.00$0.{4}6209
-32.34%
500 NCAT$0.00$0.0003105
-32.34%
1000 NCAT$0.00$0.0006209
-32.34%
Buy NCAT for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount10:15 am today1 year ago1Y change
0.5 NCAT$0.00$-0.{6}6495
0.00%
1 NCAT$0.00$-0.{5}1299
0.00%
5 NCAT$0.00$-0.{5}6495
0.00%
10 NCAT$0.00$-0.{4}1299
0.00%
50 NCAT$0.00$-0.{4}6495
0.00%
100 NCAT$0.00$-0.0001299
0.00%
500 NCAT$0.00$-0.0006495
0.00%
1000 NCAT$0.00$-0.001299
0.00%

NCAT price prediction

What will the price of NCAT be in 2025?

Based on NCAT's historical price performance prediction model, the price of NCAT is projected to reach $0.00 in 2025.

What will the price of NCAT be in 2030?

In 2030, the NCAT price is expected to change by +48.00%. By the end of 2030, the NCAT price is projected to reach $0.00, with a cumulative ROI of 0.00%.
Buy NCAT for 1 NGN
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Buy NCAT for 1 NGN
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Buy NCAT 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 NCAT 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 NCAT 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 NCAT 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 NCAT 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.