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USDB to NGN Converter and calculator

USDB/NGN: 1 USDB = 161.26 NGN. The price of converting 1 USD Bancor (USDB) to Nigerian Naira (NGN) is 161.26 NGN today.
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NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides USDB to NGN real-time exchange rates, making it easy to convert USD Bancor (USDB) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 USDB is currently valued at 161.26 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 USDB is currently valued at 161.26 NGN, which means buying 5 USDB would cost 806.3 NGN. Similarly, ₦1 NGN can be converted to 0.006201 USDB, and ₦50 NGN can be converted to 0.03101 USDB, excluding any platform or gas fees.

Convert USDB to NGN

Convert NGN to USDB

USD Bancor
Nigerian Naira
1 USDB
161.26  NGN
Exchange 1 USDB for 161.26 NGN
2 USDB
322.52  NGN
Exchange 2 USDB for 322.52 NGN
5 USDB
806.3  NGN
Exchange 5 USDB for 806.3 NGN
10 USDB
1,612.6  NGN
Exchange 10 USDB for 1,612.6 NGN
20 USDB
3,225.2  NGN
Exchange 20 USDB for 3,225.2 NGN
50 USDB
8,063  NGN
Exchange 50 USDB for 8,063 NGN
100 USDB
16,126  NGN
Exchange 100 USDB for 16,126 NGN
200 USDB
32,252  NGN
Exchange 200 USDB for 32,252 NGN
500 USDB
80,630.01  NGN
Exchange 500 USDB for 80,630.01 NGN
1000 USDB
161,260.02  NGN
Exchange 1000 USDB for 161,260.02 NGN
5000 USDB
806,300.09  NGN
Exchange 5000 USDB for 806,300.09 NGN
10000 USDB
1,612,600.18  NGN
Exchange 10000 USDB for 1,612,600.18 NGN
In the table above, you'll find a comprehensive USDB to NGN converter that shows the value of USD Bancor in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 USDB to NGN, all the way up to 10000 USDB, providing a clear view of their respective values.
Nigerian Naira
USD Bancor
1 NGN
0.006201 USDB
Exchange 1 NGN for 0.006201 USDB
10 NGN
0.06201 USDB
Exchange 10 NGN for 0.06201 USDB
50 NGN
0.3101 USDB
Exchange 50 NGN for 0.3101 USDB
100 NGN
0.6201 USDB
Exchange 100 NGN for 0.6201 USDB
200 NGN
1.24 USDB
Exchange 200 NGN for 1.24 USDB
500 NGN
3.1 USDB
Exchange 500 NGN for 3.1 USDB
1000 NGN
6.2 USDB
Exchange 1000 NGN for 6.2 USDB
2000 NGN
12.4 USDB
Exchange 2000 NGN for 12.4 USDB
5000 NGN
31.01 USDB
Exchange 5000 NGN for 31.01 USDB
10000 NGN
62.01 USDB
Exchange 10000 NGN for 62.01 USDB
50000 NGN
310.06 USDB
Exchange 50000 NGN for 310.06 USDB
100000 NGN
620.12 USDB
Exchange 100000 NGN for 620.12 USDB
In the table above, you'll find a comprehensive NGN to USDB converter that shows the value of Nigerian Naira in USD Bancor across commonly used conversion amounts. The list covers conversions from 1 NGN to USDB, all the way up to 100000 NGN, providing a clear view of their respective values.

USDB to NGN chart

USDB/NGN: 1 USDB = 161.26 NGN; 2025/11/26 21:08:35
In the past 1D, USD Bancor has changed +0.42% to NGN. Based on the trend and price charts, USD Bancor(USDB) has changed +0.42% to NGN while Nigerian Naira(NGN) has changed % to USDB in the last 24 hours.
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USDB to NGN conversion data: Volatility and price changes of USD Bancor in NGN

The highest USD Bancor price in NGN over the past 7 days was 164.82 NGN while the lowest USD Bancor price in NGN over the past 7 days was 146.21 NGN. The relative change between the highs and lows in USD Bancor price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and USDB 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
162.02 NGN
164.82 NGN
174.54 NGN
174.82 NGN
Low
159.9 NGN
146.21 NGN
145.68 NGN
144.81 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.42%
+0.22%
+0.04%
+0.18%

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USD Bancor information

USDB to NGN market statistics

USDB/NGN:
₦161.26
USDB 24h volume:
₦8,134.64
USDB market cap:
--
USDB circulating supply:
0 USDB

Current USDB to NGN exchange rate

USD Bancor to Nigerian Naira is rising this week.
USD Bancor's current market price is ₦161.26 per USDB, with a total market cap of ₦0 NGN based on a circulating supply of -- USDB. The trading volume of USD Bancor has changed by +2.75% (₦218.09 NGN) in the last 24 hours. Last trading day, USDB's trading volume was ₦7,916.55.

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

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How to convert USDB to NGN

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USDB to NGN Conversion tables

The exchange rate of USD Bancor is increasing.
The exchange rate of 1 USDB to Nigerian Naira has changed by +0.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.42%, reaching a high of 162.02 NGN and a low of 159.9 NGN . One month ago, the value of 1 USDB was ₦161.19 NGN , which represents a +0.04% change from its current value. Over the last year, USD Bancor has changed by
-
88.3NGN
, resulting in a change of -35.39% in its value.
24 hours ago1 month ago1 year ago
Amount 21:08 today 24 hours ago 24h change
0.5 USDB
₦80.63₦80.29
+0.42%
1 USDB
₦161.26₦160.59
+0.42%
5 USDB
₦806.3₦802.93
+0.42%
10 USDB
₦1,612.6₦1,605.85
+0.42%
50 USDB
₦8,063₦8,029.26
+0.42%
100 USDB
₦16,126₦16,058.52
+0.42%
500 USDB
₦80,630.01₦80,292.6
+0.42%
1000 USDB
₦161,260.02₦160,585.21
+0.42%

USDB to NGN FAQ

How much is 1 USD Bancor in NGN?
Right now, the price of 1 USD Bancor (USDB) in Nigerian Naira (NGN) is ₦161.26.
How much USDB can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.006201 USDB for 1 NGN.
How do I calculate or convert USDB to NGN?
You can use our USDB to NGN calculator at the top of this page to convert any amount of USDB to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.03101 USDB, while 5 USDB will cost around 806.3NGN.
What is the highest price of USDB/NGN in history?
The all-time high price of 1 USDB in NGN is ₦7,754.5. It remains to be seen if the value of 1 USDB/NGN will exceed the current all-time high.
What is the price trend of USD Bancor in NGN?
Over the past 7 days, the exchange rate of USD Bancor (USDB) has gone up by 0.22%.   Over the last month, the exchange rate of USD Bancor (USDB) has gone up by 0.04% against Nigerian Naira (NGN).

What factors influence the conversion rate of USDB to NGN?

There are many factors that affect the relationship between USD Bancor 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 USDB/NGN. When there is positive news in the market about the widespread adoption of USDB or major technological breakthroughs, it tends to trigger market optimism and drive the rise of USDB/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in USDB/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 USDB/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 USD Bancor 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 USD Bancor currency pairs: USDB to US Dollar (USD), USDB to Euro (EUR), USDB to Pound Sterling (GBP), USDB to Canadian Dollar (CAD), USDB to Indian Rupee (INR), USDB to Pakistani Rupee (PKR), USDB to Brazilian Real (BRL), USDB to…
The price of USD Bancor in the US is $0.1114 USD. Additionally, USD Bancor’s price is €0.09611 EUR in the eurozone, £0.08421 GBP in the UK, C$0.1564 CAD in Canada, ₹9.94 INR in India, ₨31.26 PKR in Pakistan, R$0.5947 BRL in Brazil, and more.
The most popular USD Bancor currency pair is the USDB to Nigerian Naira(NGN). The price of 1 USD Bancor (USDB) in Nigerian Naira (NGN) is ₦161.26.

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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.