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FROC to NGN Converter and calculator

FROC/NGN: 1 FROC = 0.005829 NGN. The price of converting 1 Based Froc (FROC) to Nigerian Naira (NGN) is 0.005829 NGN today.
FROC
FROC
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FROC to NGN real-time exchange rates, making it easy to convert Based Froc (FROC) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 FROC is currently valued at 0.005829 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FROC is currently valued at 0.005829 NGN, which means buying 5 FROC would cost 0.02914 NGN. Similarly, ₦1 NGN can be converted to 171.56 FROC, and ₦50 NGN can be converted to 857.81 FROC, excluding any platform or gas fees.

Convert FROC to NGN

Convert NGN to FROC

Based Froc
Nigerian Naira
1 FROC
0.005829  NGN
Exchange 1 FROC for 0.005829 NGN
2 FROC
0.01166  NGN
Exchange 2 FROC for 0.01166 NGN
5 FROC
0.02914  NGN
Exchange 5 FROC for 0.02914 NGN
10 FROC
0.05829  NGN
Exchange 10 FROC for 0.05829 NGN
20 FROC
0.1166  NGN
Exchange 20 FROC for 0.1166 NGN
50 FROC
0.2914  NGN
Exchange 50 FROC for 0.2914 NGN
100 FROC
0.5829  NGN
Exchange 100 FROC for 0.5829 NGN
200 FROC
1.17  NGN
Exchange 200 FROC for 1.17 NGN
500 FROC
2.91  NGN
Exchange 500 FROC for 2.91 NGN
1000 FROC
5.83  NGN
Exchange 1000 FROC for 5.83 NGN
5000 FROC
29.14  NGN
Exchange 5000 FROC for 29.14 NGN
10000 FROC
58.29  NGN
Exchange 10000 FROC for 58.29 NGN
In the table above, you'll find a comprehensive FROC to NGN converter that shows the value of Based Froc in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 FROC to NGN, all the way up to 10000 FROC, providing a clear view of their respective values.
Nigerian Naira
Based Froc
1 NGN
171.56 FROC
Exchange 1 NGN for 171.56 FROC
10 NGN
1,715.62 FROC
Exchange 10 NGN for 1,715.62 FROC
50 NGN
8,578.1 FROC
Exchange 50 NGN for 8,578.1 FROC
100 NGN
17,156.2 FROC
Exchange 100 NGN for 17,156.2 FROC
200 NGN
34,312.4 FROC
Exchange 200 NGN for 34,312.4 FROC
500 NGN
85,781 FROC
Exchange 500 NGN for 85,781 FROC
1000 NGN
171,561.99 FROC
Exchange 1000 NGN for 171,561.99 FROC
2000 NGN
343,123.98 FROC
Exchange 2000 NGN for 343,123.98 FROC
5000 NGN
857,809.96 FROC
Exchange 5000 NGN for 857,809.96 FROC
10000 NGN
1,715,619.92 FROC
Exchange 10000 NGN for 1,715,619.92 FROC
50000 NGN
8,578,099.6 FROC
Exchange 50000 NGN for 8,578,099.6 FROC
100000 NGN
17,156,199.19 FROC
Exchange 100000 NGN for 17,156,199.19 FROC
In the table above, you'll find a comprehensive NGN to FROC converter that shows the value of Nigerian Naira in Based Froc across commonly used conversion amounts. The list covers conversions from 1 NGN to FROC, all the way up to 100000 NGN, providing a clear view of their respective values.

FROC to NGN chart

FROC/NGN: 1 FROC = 0.005829 NGN; 2025/12/09 09:39:27
In the past 1D, Based Froc has changed -2.19% to NGN. Based on the trend and price charts, Based Froc(FROC) has changed -2.19% to NGN while Nigerian Naira(NGN) has changed % to FROC in the last 24 hours.
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FROC to NGN conversion data: Volatility and price changes of Based Froc in NGN

The highest Based Froc price in NGN over the past 7 days was 0.006050 NGN while the lowest Based Froc price in NGN over the past 7 days was 0.004955 NGN. The relative change between the highs and lows in Based Froc price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and FROC 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
0.005936 NGN
0.006050 NGN
0.01312 NGN
0.02763 NGN
Low
0.005758 NGN
0.004955 NGN
0.004936 NGN
0.004936 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-2.19%
+14.71%
-31.81%
-48.08%

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Based Froc information

FROC to NGN market statistics

FROC/NGN:
₦0.005829
FROC 24h volume:
₦6,994,926.43
FROC market cap:
--
FROC circulating supply:
0 FROC

Current FROC to NGN exchange rate

Based Froc to Nigerian Naira is rising this week.
Based Froc's current market price is ₦0.005829 per FROC, with a total market cap of ₦0 NGN based on a circulating supply of -- FROC. The trading volume of Based Froc has changed by -10.00% (₦-776,799.56 NGN) in the last 24 hours. Last trading day, FROC's trading volume was ₦7,771,725.99.

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

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How to convert FROC to NGN

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FROC to NGN Conversion tables

The exchange rate of Based Froc is decreasing.
The exchange rate of 1 FROC to Nigerian Naira has changed by +14.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.19%, reaching a high of 0.005936 NGN and a low of 0.005758 NGN . One month ago, the value of 1 FROC was ₦0.008519 NGN , which represents a -31.81% change from its current value. Over the last year, Based Froc has changed by
+
0.005767NGN
, resulting in a change of -80.10% in its value.
24 hours ago1 month ago1 year ago
Amount 09:39 am today 24 hours ago 24h change
0.5 FROC
₦0.002914₦0.002979
-2.19%
1 FROC
₦0.005829₦0.005958
-2.19%
5 FROC
₦0.02914₦0.02979
-2.19%
10 FROC
₦0.05829₦0.05958
-2.19%
50 FROC
₦0.2914₦0.2979
-2.19%
100 FROC
₦0.5829₦0.5958
-2.19%
500 FROC
₦2.91₦2.98
-2.19%
1000 FROC
₦5.83₦5.96
-2.19%

FROC to NGN FAQ

How much is 1 Based Froc in NGN?
Right now, the price of 1 Based Froc (FROC) in Nigerian Naira (NGN) is ₦0.005829.
How much FROC can I buy for 1 NGN?
Based on the current exchange rate, you can get 171.56 FROC for 1 NGN.
How do I calculate or convert FROC to NGN?
You can use our FROC to NGN calculator at the top of this page to convert any amount of FROC to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 857.81 FROC, while 5 FROC will cost around 0.02914NGN.
What is the highest price of FROC/NGN in history?
The all-time high price of 1 FROC in NGN is ₦0.4784. It remains to be seen if the value of 1 FROC/NGN will exceed the current all-time high.
What is the price trend of Based Froc in NGN?
Over the past 7 days, the exchange rate of Based Froc (FROC) has gone up by 14.71%.   Over the last month, the exchange rate of Based Froc (FROC) has gone down by 31.81% against Nigerian Naira (NGN).

What factors influence the conversion rate of FROC to NGN?

There are many factors that affect the relationship between Based Froc 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 FROC/NGN. When there is positive news in the market about the widespread adoption of FROC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FROC/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FROC/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 FROC/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 Based Froc 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 Based Froc currency pairs: FROC to US Dollar (USD), FROC to Euro (EUR), FROC to Pound Sterling (GBP), FROC to Canadian Dollar (CAD), FROC to Indian Rupee (INR), FROC to Pakistani Rupee (PKR), FROC to Brazilian Real (BRL), FROC to…
The price of Based Froc in the US is $0.{5}4013 USD. Additionally, Based Froc’s price is €0.{5}3447 EUR in the eurozone, £0.{5}3010 GBP in the UK, C$0.{5}5560 CAD in Canada, ₹0.0003608 INR in India, ₨0.001126 PKR in Pakistan, R$0.{4}2180 BRL in Brazil, and more.
The most popular Based Froc currency pair is the FROC to Nigerian Naira(NGN). The price of 1 Based Froc (FROC) in Nigerian Naira (NGN) is ₦0.005829.

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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.