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PALU to NGN Converter and calculator

PALU/NGN: 1 PALU = 0.09435 NGN. The price of converting 1 Binance's Palu (PALU) to Nigerian Naira (NGN) is 0.09435 NGN today.
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PALU
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PALU to NGN real-time exchange rates, making it easy to convert Binance's Palu (PALU) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 PALU is currently valued at 0.09435 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PALU is currently valued at 0.09435 NGN, which means buying 5 PALU would cost 0.4717 NGN. Similarly, ₦1 NGN can be converted to 10.6 PALU, and ₦50 NGN can be converted to 53 PALU, excluding any platform or gas fees.

Convert PALU to NGN

Convert NGN to PALU

Binance's Palu
Nigerian Naira
1 PALU
0.09435  NGN
Exchange 1 PALU for 0.09435 NGN
2 PALU
0.1887  NGN
Exchange 2 PALU for 0.1887 NGN
5 PALU
0.4717  NGN
Exchange 5 PALU for 0.4717 NGN
10 PALU
0.9435  NGN
Exchange 10 PALU for 0.9435 NGN
20 PALU
1.89  NGN
Exchange 20 PALU for 1.89 NGN
50 PALU
4.72  NGN
Exchange 50 PALU for 4.72 NGN
100 PALU
9.43  NGN
Exchange 100 PALU for 9.43 NGN
200 PALU
18.87  NGN
Exchange 200 PALU for 18.87 NGN
500 PALU
47.17  NGN
Exchange 500 PALU for 47.17 NGN
1000 PALU
94.35  NGN
Exchange 1000 PALU for 94.35 NGN
5000 PALU
471.73  NGN
Exchange 5000 PALU for 471.73 NGN
10000 PALU
943.47  NGN
Exchange 10000 PALU for 943.47 NGN
In the table above, you'll find a comprehensive PALU to NGN converter that shows the value of Binance's Palu in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 PALU to NGN, all the way up to 10000 PALU, providing a clear view of their respective values.
Nigerian Naira
Binance's Palu
1 NGN
10.6 PALU
Exchange 1 NGN for 10.6 PALU
10 NGN
105.99 PALU
Exchange 10 NGN for 105.99 PALU
50 NGN
529.96 PALU
Exchange 50 NGN for 529.96 PALU
100 NGN
1,059.92 PALU
Exchange 100 NGN for 1,059.92 PALU
200 NGN
2,119.84 PALU
Exchange 200 NGN for 2,119.84 PALU
500 NGN
5,299.59 PALU
Exchange 500 NGN for 5,299.59 PALU
1000 NGN
10,599.18 PALU
Exchange 1000 NGN for 10,599.18 PALU
2000 NGN
21,198.35 PALU
Exchange 2000 NGN for 21,198.35 PALU
5000 NGN
52,995.88 PALU
Exchange 5000 NGN for 52,995.88 PALU
10000 NGN
105,991.75 PALU
Exchange 10000 NGN for 105,991.75 PALU
50000 NGN
529,958.76 PALU
Exchange 50000 NGN for 529,958.76 PALU
100000 NGN
1,059,917.52 PALU
Exchange 100000 NGN for 1,059,917.52 PALU
In the table above, you'll find a comprehensive NGN to PALU converter that shows the value of Nigerian Naira in Binance's Palu across commonly used conversion amounts. The list covers conversions from 1 NGN to PALU, all the way up to 100000 NGN, providing a clear view of their respective values.

PALU to NGN chart

PALU/NGN: 1 PALU = 0.09435 NGN; 2025/12/13 11:09:43
In the past 1D, Binance's Palu has changed -4.15% to NGN. Based on the trend and price charts, Binance's Palu(PALU) has changed -4.15% to NGN while Nigerian Naira(NGN) has changed % to PALU in the last 24 hours.
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PALU to NGN conversion data: Volatility and price changes of Binance's Palu in NGN

The highest Binance's Palu price in NGN over the past 7 days was 0.1042 NGN while the lowest Binance's Palu price in NGN over the past 7 days was 0.09193 NGN. The relative change between the highs and lows in Binance's Palu price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PALU 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
0.09920 NGN
0.1042 NGN
0.1287 NGN
5.29 NGN
Low
0.09193 NGN
0.09193 NGN
0.08337 NGN
0.08337 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-4.15%
-8.16%
-27.88%
-68.04%

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Binance's Palu information

PALU to NGN market statistics

PALU/NGN:
₦0.09435
PALU 24h volume:
₦129,379.93
PALU market cap:
--
PALU circulating supply:
0 PALU

Current PALU to NGN exchange rate

Binance's Palu to Nigerian Naira is falling this week.
Binance's Palu's current market price is ₦0.09435 per PALU, with a total market cap of ₦0 NGN based on a circulating supply of -- PALU. The trading volume of Binance's Palu has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, PALU's trading volume was ₦129,379.93.

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

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PALU to NGN Conversion tables

The exchange rate of Binance's Palu is decreasing.
The exchange rate of 1 PALU to Nigerian Naira has changed by -8.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.15%, reaching a high of 0.09920 NGN and a low of 0.09193 NGN . One month ago, the value of 1 PALU was ₦0.1308 NGN , which represents a -27.88% change from its current value. Over the last year, Binance's Palu has changed by
+
0.09435NGN
, resulting in a change of -81.68% in its value.
24 hours ago1 month ago1 year ago
Amount 11:09 am today 24 hours ago 24h change
0.5 PALU
₦0.04717₦0.04922
-4.15%
1 PALU
₦0.09435₦0.09843
-4.15%
5 PALU
₦0.4717₦0.4922
-4.15%
10 PALU
₦0.9435₦0.9843
-4.15%
50 PALU
₦4.72₦4.92
-4.15%
100 PALU
₦9.43₦9.84
-4.15%
500 PALU
₦47.17₦49.22
-4.15%
1000 PALU
₦94.35₦98.43
-4.15%

PALU to NGN FAQ

How much is 1 Binance's Palu in NGN?
Right now, the price of 1 Binance's Palu (PALU) in Nigerian Naira (NGN) is ₦0.09435.
How much PALU can I buy for 1 NGN?
Based on the current exchange rate, you can get 10.6 PALU for 1 NGN.
How do I calculate or convert PALU to NGN?
You can use our PALU to NGN calculator at the top of this page to convert any amount of PALU to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 53 PALU, while 5 PALU will cost around 0.4717NGN.
What is the highest price of PALU/NGN in history?
The all-time high price of 1 PALU in NGN is ₦14.08. It remains to be seen if the value of 1 PALU/NGN will exceed the current all-time high.
What is the price trend of Binance's Palu in NGN?
Over the past 7 days, the exchange rate of Binance's Palu (PALU) has gone down by 8.16%.   Over the last month, the exchange rate of Binance's Palu (PALU) has gone down by 27.88% against Nigerian Naira (NGN).

What factors influence the conversion rate of PALU to NGN?

There are many factors that affect the relationship between Binance's Palu 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 PALU/NGN. When there is positive news in the market about the widespread adoption of PALU or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PALU/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PALU/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 PALU/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 Binance's Palu 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 Binance's Palu currency pairs: PALU to US Dollar (USD), PALU to Euro (EUR), PALU to Pound Sterling (GBP), PALU to Canadian Dollar (CAD), PALU to Indian Rupee (INR), PALU to Pakistani Rupee (PKR), PALU to Brazilian Real (BRL), PALU to…
The price of Binance's Palu in the US is $0.{4}6495 USD. Additionally, Binance's Palu’s price is €0.{4}5534 EUR in the eurozone, £0.{4}4857 GBP in the UK, C$0.{4}8950 CAD in Canada, ₹0.005884 INR in India, ₨0.01817 PKR in Pakistan, R$0.0003520 BRL in Brazil, and more.
The most popular Binance's Palu currency pair is the PALU to Nigerian Naira(NGN). The price of 1 Binance's Palu (PALU) in Nigerian Naira (NGN) is ₦0.09435.

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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.