Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info SWAP315

SWAP315 to Nigerian Naira Converter and calculator

Convert 1SWAP315 (S315) to Nigerian Naira (NGN) equals ₦ 419.11 | Bitget
S315
S315
swap
NGN
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of SWAP315(S315) to Nigerian Naira(NGN). This is the real-time data. The current conversion shows 1 S315 at a value of 1 S315 for 419.11 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular SWAP315 currency pair is the S315 to NGN, with for SWAP315's currency code being S315. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

S315 to NGN conversion rate trend

1D7D1M3M1YAll
In the past 1D, SWAP315 has changed -1.04% to NGN. Based on the trend and price charts, SWAP315(S315) has changed -1.04% to NGN while Nigerian Naira(NGN) has changed % to S315 in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₦419.11
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/07 05:27:44(UTC+0)

How to buy SWAP315

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy SWAP315 (S315)
Use a variety of payment options to buy SWAP315 on Bitget. We'll show you how.

Buy S315 (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading does not currently support direct buying of S315 with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy S315 with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
A
ALEDXCHANGEGolden merchantVerified Merchant
2171 tradesCompletion rate 97.00%
1524.5 NGN
Amount1 USDT
Limit1200 - 71514 NGN
Bank Transfer
Buy
B
BillionsXchangeVerified Merchant
111 tradesCompletion rate 98.00%
1524.9 NGN
Amount778 USDT
Limit800000 - 1186372.2 NGN
Bank Transfer
Buy
N
Nuhu1813Verified Merchant
1502 tradesCompletion rate 98.00%
1525 NGN
Amount7 USDT
Limit1200 - 10675 NGN
Bank Transfer
Buy
K
KITAN33Golden merchantVerified Merchant
813 tradesCompletion rate 97.00%
1525 NGN
Amount50.42 USDT
Limit30000 - 122638.08 NGN
Bank Transfer
Buy
i
inu620Golden merchantVerified Merchant
1695 tradesCompletion rate 99.00%
1525 NGN
Amount25.95 USDT
Limit10000 - 344573 NGN
Bank Transfer
Buy

Sell S315 (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading currently does not support direct selling of S315 to NGN. However, you can first exchange S315 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
V
Value Desk Verified Merchant
80 tradesCompletion rate 96.00%
1523.5 NGN
Amount95250.7 USDT
Limit2000000 - 75000000 NGN
Bank Transfer
Sell
S
Sylvic Worl111Verified Merchant
437 tradesCompletion rate 99.00%
1523.3 NGN
Amount2622.71 USDT
Limit700000 - 8378332.79 NGN
Bank Transfer
Sell
T
THANKS EXCHANGE Verified Merchant
686 tradesCompletion rate 99.00%
1523.3 NGN
Amount98067.54 USDT
Limit200000 - 75000000 NGN
Bank Transfer
Sell
m
major- banks Verified Merchant
69 tradesCompletion rate 73.00%
1523.22 NGN
Amount4767 USDT
Limit500000 - 8377710 NGN
Bank Transfer
Sell
T
Trust HubVerified Merchant
447 tradesCompletion rate 98.00%
1523.2 NGN
Amount96880.51 USDT
Limit700000 - 75000000 NGN
Bank Transfer
Sell

What factors influence the conversion rate of SWAP315 to Nigerian Naira?

SWAP315 to Nigerian Naira is falling this week.
SWAP315's current market price is ₦ 419.11 per S315, with a total market cap of ₦ 0 NGN based on a circulating supply of -- S315. The trading volume of SWAP315 has changed by +8.03% (₦ 8,055,381.34 NGN) in the last 24 hours. Last trading day, S315's trading volume was ₦ 100,366,077.04.
Market cap
$0
24h volume
$71.45K
Circulating supply
0 S315

Conversion tables

The exchange rate of SWAP315 is increasing.
1 S315 is currently valued at ₦ 419.11 NGN , which means buying 5 S315 will cost ₦ 2,095.55 NGN . Similarly, ₦1 NGN can be traded for 0.002386 S315, and ₦50 NGN can be converted to 0.1193 S315, excluding any platform or gas fees.
The exchange rate of 1 S315 to Nigerian Naira has changed by -30.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.04%, reaching a high of 466.4 NGN and a low of 391.88 NGN . One month ago, the value of 1 S315 was ₦ -7.67 NGN , which represents a --% change from its current value. Over the last year, SWAP315 has changed by
+
426.78NGN
, resulting in a change of --% in its value.

S315 to NGN

Amount
05:27 am today
0.5 S315
209.56
1 S315
419.11
5 S315
2,095.55
10 S315
4,191.11
50 S315
20,955.55
100 S315
41,911.1
500 S315
209,555.48
1000 S315
419,110.97

NGN to S315

Amount05:27 am today
0.5NGN0.001193  S315
1NGN0.002386  S315
5NGN0.01193  S315
10NGN0.02386  S315
50NGN0.1193  S315
100NGN0.2386  S315
500NGN1.19  S315
1000NGN2.39  S315
Buy SWAP315 for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy SWAP315 now

Today vs. 24 hours ago

Amount05:27 am today24 hours ago24h change
0.5 S315$0.1381$0.1396
-1.04%
1 S315$0.2762$0.2791
-1.04%
5 S315$1.38$1.4
-1.04%
10 S315$2.76$2.79
-1.04%
50 S315$13.81$13.96
-1.04%
100 S315$27.62$27.91
-1.04%
500 S315$138.09$139.57
-1.04%
1000 S315$276.19$279.13
-1.04%

Today vs. 1 month ago

Amount05:27 am today1 month ago1M change
0.5 S315$0.1381$-0.002526
--
1 S315$0.2762$-0.005053
--
5 S315$1.38$-0.02526
--
10 S315$2.76$-0.05053
--
50 S315$13.81$-0.2526
--
100 S315$27.62$-0.5053
--
500 S315$138.09$-2.5264
--
1000 S315$276.19$-5.05277
--
Buy SWAP315 for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy SWAP315 now

Today vs. 1 year ago

Amount05:27 am today1 year ago1Y change
0.5 S315$0.1381$-0.002526
--
1 S315$0.2762$-0.005053
--
5 S315$1.38$-0.02526
--
10 S315$2.76$-0.05053
--
50 S315$13.81$-0.2526
--
100 S315$27.62$-0.5053
--
500 S315$138.09$-2.5264
--
1000 S315$276.19$-5.05277
--

SWAP315 price prediction

What will the price of S315 be in 2025?

Based on S315's historical price performance prediction model, the price of S315 is projected to reach $0.3259 in 2025.

What will the price of S315 be in 2030?

In 2030, the S315 price is expected to change by -5.00%. By the end of 2030, the S315 price is projected to reach $0.4050, with a cumulative ROI of +46.63%.
Buy SWAP315 for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy SWAP315 now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy SWAP315 for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy SWAP315 now
Buy SWAP315 for 1 NGN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy SWAP315 now

Latest coin listings on Bitget

New listings

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 SWAP315 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 SWAP315 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 SWAP315 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 SWAP315 for 1 NGN

A welcome pack worth 1000 USDT for new Bitgetters!

Buy SWAP315 now
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.