Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Brent Crude to Nigerian Naira (BRENT to NGN)

BRENT to NGN Converter and calculator

BRENT/NGN: 1 BRENT = 0.9039 NGN. The price of converting 1 Brent Crude (BRENT) to Nigerian Naira (NGN) is 0.9039 NGN today.
BRENT
BRENT
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides BRENT to NGN real-time exchange rates, making it easy to convert Brent Crude (BRENT) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 BRENT is currently valued at 0.9039 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BRENT is currently valued at 0.9039 NGN, which means buying 5 BRENT would cost 4.52 NGN. Similarly, ₦1 NGN can be converted to 1.11 BRENT, and ₦50 NGN can be converted to 5.53 BRENT, excluding any platform or gas fees.

Convert BRENT to NGN

Convert NGN to BRENT

Brent Crude
Nigerian Naira
1 BRENT
0.9039  NGN
Exchange 1 BRENT for 0.9039 NGN
2 BRENT
1.81  NGN
Exchange 2 BRENT for 1.81 NGN
5 BRENT
4.52  NGN
Exchange 5 BRENT for 4.52 NGN
10 BRENT
9.04  NGN
Exchange 10 BRENT for 9.04 NGN
20 BRENT
18.08  NGN
Exchange 20 BRENT for 18.08 NGN
50 BRENT
45.19  NGN
Exchange 50 BRENT for 45.19 NGN
100 BRENT
90.39  NGN
Exchange 100 BRENT for 90.39 NGN
200 BRENT
180.78  NGN
Exchange 200 BRENT for 180.78 NGN
500 BRENT
451.95  NGN
Exchange 500 BRENT for 451.95 NGN
1000 BRENT
903.9  NGN
Exchange 1000 BRENT for 903.9 NGN
5000 BRENT
4,519.5  NGN
Exchange 5000 BRENT for 4,519.5 NGN
10000 BRENT
9,038.99  NGN
Exchange 10000 BRENT for 9,038.99 NGN
In the table above, you'll find a comprehensive BRENT to NGN converter that shows the value of Brent Crude in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 BRENT to NGN, all the way up to 10000 BRENT, providing a clear view of their respective values.
Nigerian Naira
Brent Crude
1 NGN
1.11 BRENT
Exchange 1 NGN for 1.11 BRENT
10 NGN
11.06 BRENT
Exchange 10 NGN for 11.06 BRENT
50 NGN
55.32 BRENT
Exchange 50 NGN for 55.32 BRENT
100 NGN
110.63 BRENT
Exchange 100 NGN for 110.63 BRENT
200 NGN
221.26 BRENT
Exchange 200 NGN for 221.26 BRENT
500 NGN
553.16 BRENT
Exchange 500 NGN for 553.16 BRENT
1000 NGN
1,106.32 BRENT
Exchange 1000 NGN for 1,106.32 BRENT
2000 NGN
2,212.64 BRENT
Exchange 2000 NGN for 2,212.64 BRENT
5000 NGN
5,531.59 BRENT
Exchange 5000 NGN for 5,531.59 BRENT
10000 NGN
11,063.18 BRENT
Exchange 10000 NGN for 11,063.18 BRENT
50000 NGN
55,315.91 BRENT
Exchange 50000 NGN for 55,315.91 BRENT
100000 NGN
110,631.82 BRENT
Exchange 100000 NGN for 110,631.82 BRENT
In the table above, you'll find a comprehensive NGN to BRENT converter that shows the value of Nigerian Naira in Brent Crude across commonly used conversion amounts. The list covers conversions from 1 NGN to BRENT, all the way up to 100000 NGN, providing a clear view of their respective values.

BRENT to NGN chart

BRENT/NGN: 1 BRENT = 0.9039 NGN; 2026/05/26 06:55:16
In the past 1D, Brent Crude has changed -1.62% to NGN. Based on the trend and price charts, Brent Crude(BRENT) has changed -1.62% to NGN while Nigerian Naira(NGN) has changed % to BRENT in the last 24 hours.
1D7D1M3M1YAll

BRENT to NGN conversion data: Volatility and price changes of Brent Crude in NGN

The highest Brent Crude price in NGN over the past 7 days was 0.9365 NGN while the lowest Brent Crude price in NGN over the past 7 days was 0.8560 NGN. The relative change between the highs and lows in Brent Crude price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and BRENT 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
0.9347 NGN
0.9365 NGN
7.65 NGN
18.89 NGN
Low
0.9062 NGN
0.8560 NGN
0.8560 NGN
0.02597 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-1.62%
-0.83%
-91.36%
-84.30%

Buy

Sell

Buy BRENT (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of BRENT with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy BRENT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Brent Crude information

BRENT to NGN market statistics

BRENT/NGN:
₦0.9039
BRENT 24h volume:
₦2,165,241.95
BRENT market cap:
--
BRENT circulating supply:
0 BRENT

Current BRENT to NGN exchange rate

Brent Crude to Nigerian Naira is falling this week.
Brent Crude's current market price is ₦0.9039 per BRENT, with a total market cap of ₦0 NGN based on a circulating supply of -- BRENT. The trading volume of Brent Crude has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, BRENT's trading volume was ₦2,165,241.95.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 77093.78 USD
popular info ethereum
ETH to USD
1 ETH to 2095.60 USD
popular info ripple
XRP to USD
1 XRP to 1.34 USD
popular info solana
SOL to USD
1 SOL to 84.28 USD
popular info bitcoin
BTC to EUR
1 BTC to 66285.23 EUR
popular info bitcoin
BTC to GBP
1 BTC to 57195.88 GBP
popular info bitcoin
BTC to CAD
1 BTC to 106489.64 CAD
popular info bitcoin
BTC to BRL
1 BTC to 386370.90 BRL
popular info bitcoin
BTC to INR
1 BTC to 7355556.10 INR
popular info pi-network
PI to INR
1 PI to 14.27 INR

Hot promotions

How to convert BRENT to NGN

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
Convert BRENT to NGN
Choose from cryptocurrencies to trade on Bitget.

Popular Brent Crude Converter

popular info New Taiwan dollar
BRENT to TWD
1 BRENT to NT$0.02077 TWD
popular info Chinese Yuan
BRENT to CNY
1 BRENT to ¥0.004477 CNY
popular info United States Dollar
BRENT to USD
1 BRENT to $0.0006593 USD
popular info Australian Dollar
BRENT to AUD
1 BRENT to AU$0.0009210 AUD
popular info Euro
BRENT to EUR
1 BRENT to €0.0005669 EUR
popular info Canadian Dollar
BRENT to CAD
1 BRENT to C$0.0009107 CAD
popular info Nigerian Naira
BRENT to NGN
1 BRENT to ₦0.9039 NGN
popular info South Korean Won
BRENT to KRW
1 BRENT to ₩0.9937 KRW
popular info Japanese Yen
BRENT to JPY
1 BRENT to ¥0.1048 JPY
popular info Pound Sterling
BRENT to GBP
1 BRENT to £0.0004892 GBP
popular info Brazilian Real
BRENT to BRL
1 BRENT to R$0.003304 BRL

Popular cryptocurrencies to NGN

other assets NEAR Protocol
NEAR to NGN
1 NEAR to ₦3,793 NGN
other assets Yooldo
ESPORTS to NGN
1 ESPORTS to ₦59.47 NGN
other assets Marlin
POND to NGN
1 POND to ₦3.55 NGN
other assets Worldcoin
WLD to NGN
1 WLD to ₦485.26 NGN
other assets Toncoin
TON to NGN
1 TON to ₦2,599.94 NGN
other assets NEXPACE
NXPC to NGN
1 NXPC to ₦508.45 NGN
other assets Celestia
TIA to NGN
1 TIA to ₦643.68 NGN
other assets Artificial Superintelligence Alliance
FET to NGN
1 FET to ₦328.41 NGN
other assets BNB
BNB to NGN
1 BNB to ₦902,693.8 NGN
other assets Keeta
KTA to NGN
1 KTA to ₦293.69 NGN

BRENT to NGN Conversion tables

The exchange rate of Brent Crude is decreasing.
The exchange rate of 1 BRENT to Nigerian Naira has changed by -0.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.62%, reaching a high of 0.9347 NGN and a low of 0.9062 NGN . One month ago, the value of 1 BRENT was ₦10.48 NGN , which represents a -91.36% change from its current value. Over the last year, Brent Crude has changed by
+
0.9062NGN
, resulting in a change of -84.30% in its value.
24 hours ago1 month ago1 year ago
Amount 06:55 am today 24 hours ago 24h change
0.5 BRENT
₦0.4519₦0.4594
-1.62%
1 BRENT
₦0.9039₦0.9188
-1.62%
5 BRENT
₦4.52₦4.59
-1.62%
10 BRENT
₦9.04₦9.19
-1.62%
50 BRENT
₦45.19₦45.94
-1.62%
100 BRENT
₦90.39₦91.88
-1.62%
500 BRENT
₦451.95₦459.41
-1.62%
1000 BRENT
₦903.9₦918.83
-1.62%

BRENT to NGN FAQ

How much is 1 Brent Crude in NGN?
Right now, the price of 1 Brent Crude (BRENT) in Nigerian Naira (NGN) is ₦0.9039.
How much BRENT can I buy for 1 NGN?
Based on the current exchange rate, you can get 1.11 BRENT for 1 NGN.
How do I calculate or convert BRENT to NGN?
You can use our BRENT to NGN calculator at the top of this page to convert any amount of BRENT to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 5.53 BRENT, while 5 BRENT will cost around 4.52NGN.
What is the highest price of BRENT/NGN in history?
The all-time high price of 1 BRENT in NGN is ₦18.89. It remains to be seen if the value of 1 BRENT/NGN will exceed the current all-time high.
What is the price trend of Brent Crude in NGN?
Over the past 7 days, the exchange rate of Brent Crude (BRENT) has gone down by 0.83%.   Over the last month, the exchange rate of Brent Crude (BRENT) has gone down by 91.36% against Nigerian Naira (NGN).

What factors influence the conversion rate of BRENT to NGN?

There are many factors that affect the relationship between Brent Crude 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 BRENT/NGN. When there is positive news in the market about the widespread adoption of BRENT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BRENT/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BRENT/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 BRENT/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 Brent Crude 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 Brent Crude currency pairs: BRENT to US Dollar (USD), BRENT to Euro (EUR), BRENT to Pound Sterling (GBP), BRENT to Canadian Dollar (CAD), BRENT to Indian Rupee (INR), BRENT to Pakistani Rupee (PKR), BRENT to Brazilian Real (BRL), BRENT to…
The price of Brent Crude in the US is $0.0006593 USD. Additionally, Brent Crude’s price is €0.0005669 EUR in the eurozone, £0.0004892 GBP in the UK, C$0.0009107 CAD in Canada, ₹0.06291 INR in India, ₨0.1836 PKR in Pakistan, R$0.003304 BRL in Brazil, and more.
The most popular Brent Crude currency pair is the BRENT to Nigerian Naira(NGN). The price of 1 Brent Crude (BRENT) in Nigerian Naira (NGN) is ₦0.9039.

Popular fiat

Popular areas

Latest coin listings on Bitget

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.
share