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DEFX to NGN Converter and calculator

DEFX/NGN: 1 DEFX = 30.37 NGN. The price of converting 1 DeFinity (DEFX) to Nigerian Naira (NGN) is 30.37 NGN today.
DEFX
DEFX
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DEFX to NGN real-time exchange rates, making it easy to convert DeFinity (DEFX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 DEFX is currently valued at 30.37 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DEFX is currently valued at 30.37 NGN, which means buying 5 DEFX would cost 151.85 NGN. Similarly, ₦1 NGN can be converted to 0.03293 DEFX, and ₦50 NGN can be converted to 0.1646 DEFX, excluding any platform or gas fees.

Convert DEFX to NGN

Convert NGN to DEFX

DeFinity
Nigerian Naira
1 DEFX
30.37  NGN
Exchange 1 DEFX for 30.37 NGN
2 DEFX
60.74  NGN
Exchange 2 DEFX for 60.74 NGN
5 DEFX
151.85  NGN
Exchange 5 DEFX for 151.85 NGN
10 DEFX
303.69  NGN
Exchange 10 DEFX for 303.69 NGN
20 DEFX
607.38  NGN
Exchange 20 DEFX for 607.38 NGN
50 DEFX
1,518.46  NGN
Exchange 50 DEFX for 1,518.46 NGN
100 DEFX
3,036.91  NGN
Exchange 100 DEFX for 3,036.91 NGN
200 DEFX
6,073.82  NGN
Exchange 200 DEFX for 6,073.82 NGN
500 DEFX
15,184.55  NGN
Exchange 500 DEFX for 15,184.55 NGN
1000 DEFX
30,369.1  NGN
Exchange 1000 DEFX for 30,369.1 NGN
5000 DEFX
151,845.52  NGN
Exchange 5000 DEFX for 151,845.52 NGN
10000 DEFX
303,691.04  NGN
Exchange 10000 DEFX for 303,691.04 NGN
In the table above, you'll find a comprehensive DEFX to NGN converter that shows the value of DeFinity in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 DEFX to NGN, all the way up to 10000 DEFX, providing a clear view of their respective values.
Nigerian Naira
DeFinity
1 NGN
0.03293 DEFX
Exchange 1 NGN for 0.03293 DEFX
10 NGN
0.3293 DEFX
Exchange 10 NGN for 0.3293 DEFX
50 NGN
1.65 DEFX
Exchange 50 NGN for 1.65 DEFX
100 NGN
3.29 DEFX
Exchange 100 NGN for 3.29 DEFX
200 NGN
6.59 DEFX
Exchange 200 NGN for 6.59 DEFX
500 NGN
16.46 DEFX
Exchange 500 NGN for 16.46 DEFX
1000 NGN
32.93 DEFX
Exchange 1000 NGN for 32.93 DEFX
2000 NGN
65.86 DEFX
Exchange 2000 NGN for 65.86 DEFX
5000 NGN
164.64 DEFX
Exchange 5000 NGN for 164.64 DEFX
10000 NGN
329.28 DEFX
Exchange 10000 NGN for 329.28 DEFX
50000 NGN
1,646.41 DEFX
Exchange 50000 NGN for 1,646.41 DEFX
100000 NGN
3,292.82 DEFX
Exchange 100000 NGN for 3,292.82 DEFX
In the table above, you'll find a comprehensive NGN to DEFX converter that shows the value of Nigerian Naira in DeFinity across commonly used conversion amounts. The list covers conversions from 1 NGN to DEFX, all the way up to 100000 NGN, providing a clear view of their respective values.

DEFX to NGN chart

DEFX/NGN: 1 DEFX = 30.37 NGN; 2025/12/03 20:16:36
In the past 1D, DeFinity has changed +23.00% to NGN. Based on the trend and price charts, DeFinity(DEFX) has changed +23.00% to NGN while Nigerian Naira(NGN) has changed % to DEFX in the last 24 hours.
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DEFX to NGN conversion data: Volatility and price changes of DeFinity in NGN

The highest DeFinity price in NGN over the past 7 days was 30.76 NGN while the lowest DeFinity price in NGN over the past 7 days was 22.14 NGN. The relative change between the highs and lows in DeFinity price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and DEFX 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
30.6 NGN
30.76 NGN
30.76 NGN
37.39 NGN
Low
24.47 NGN
22.14 NGN
19.48 NGN
17.96 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+23.00%
+22.37%
+22.89%
-7.26%

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DeFinity information

DEFX to NGN market statistics

DEFX/NGN:
₦30.37
DEFX 24h volume:
--
DEFX market cap:
--
DEFX circulating supply:
0 DEFX

Current DEFX to NGN exchange rate

DeFinity to Nigerian Naira is rising this week.
DeFinity's current market price is ₦30.37 per DEFX, with a total market cap of ₦0 NGN based on a circulating supply of -- DEFX. The trading volume of DeFinity has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, DEFX's trading volume was ₦0.

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

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How to convert DEFX to NGN

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DEFX to NGN Conversion tables

The exchange rate of DeFinity is increasing.
The exchange rate of 1 DEFX to Nigerian Naira has changed by +22.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by +23.00%, reaching a high of 30.6 NGN and a low of 24.47 NGN . One month ago, the value of 1 DEFX was ₦24.67 NGN , which represents a +22.89% change from its current value. Over the last year, DeFinity has changed by
-
34.9NGN
, resulting in a change of -53.28% in its value.
24 hours ago1 month ago1 year ago
Amount 20:16 today 24 hours ago 24h change
0.5 DEFX
₦15.18₦12.32
+23.00%
1 DEFX
₦30.37₦24.65
+23.00%
5 DEFX
₦151.85₦123.23
+23.00%
10 DEFX
₦303.69₦246.47
+23.00%
50 DEFX
₦1,518.46₦1,232.34
+23.00%
100 DEFX
₦3,036.91₦2,464.69
+23.00%
500 DEFX
₦15,184.55₦12,323.44
+23.00%
1000 DEFX
₦30,369.1₦24,646.88
+23.00%

DEFX to NGN FAQ

How much is 1 DeFinity in NGN?
Right now, the price of 1 DeFinity (DEFX) in Nigerian Naira (NGN) is ₦30.37.
How much DEFX can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.03293 DEFX for 1 NGN.
How do I calculate or convert DEFX to NGN?
You can use our DEFX to NGN calculator at the top of this page to convert any amount of DEFX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.1646 DEFX, while 5 DEFX will cost around 151.85NGN.
What is the highest price of DEFX/NGN in history?
The all-time high price of 1 DEFX in NGN is ₦2,595.56. It remains to be seen if the value of 1 DEFX/NGN will exceed the current all-time high.
What is the price trend of DeFinity in NGN?
Over the past 7 days, the exchange rate of DeFinity (DEFX) has gone up by 22.37%.   Over the last month, the exchange rate of DeFinity (DEFX) has gone up by 22.89% against Nigerian Naira (NGN).

What factors influence the conversion rate of DEFX to NGN?

There are many factors that affect the relationship between DeFinity 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 DEFX/NGN. When there is positive news in the market about the widespread adoption of DEFX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DEFX/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DEFX/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 DEFX/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 DeFinity 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 DeFinity currency pairs: DEFX to US Dollar (USD), DEFX to Euro (EUR), DEFX to Pound Sterling (GBP), DEFX to Canadian Dollar (CAD), DEFX to Indian Rupee (INR), DEFX to Pakistani Rupee (PKR), DEFX to Brazilian Real (BRL), DEFX to…
The price of DeFinity in the US is $0.02097 USD. Additionally, DeFinity’s price is €0.01796 EUR in the eurozone, £0.01571 GBP in the UK, C$0.02925 CAD in Canada, ₹1.89 INR in India, ₨5.88 PKR in Pakistan, R$0.1114 BRL in Brazil, and more.
The most popular DeFinity currency pair is the DEFX to Nigerian Naira(NGN). The price of 1 DeFinity (DEFX) in Nigerian Naira (NGN) is ₦30.37.

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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.