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Contest to Nigerian Naira (CONTEST to NGN)

CONTEST to NGN Converter and calculator

CONTEST/NGN: 1 CONTEST = 0.004384 NGN. The price of converting 1 Contest (CONTEST) to Nigerian Naira (NGN) is 0.004384 NGN today.
CONTEST
CONTEST
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides CONTEST to NGN real-time exchange rates, making it easy to convert Contest (CONTEST) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 CONTEST is currently valued at 0.004384 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 CONTEST is currently valued at 0.004384 NGN, which means buying 5 CONTEST would cost 0.02192 NGN. Similarly, ₦1 NGN can be converted to 228.1 CONTEST, and ₦50 NGN can be converted to 1,140.5 CONTEST, excluding any platform or gas fees.

Convert CONTEST to NGN

Convert NGN to CONTEST

Contest
Nigerian Naira
1 CONTEST
0.004384  NGN
Exchange 1 CONTEST for 0.004384 NGN
2 CONTEST
0.008768  NGN
Exchange 2 CONTEST for 0.008768 NGN
5 CONTEST
0.02192  NGN
Exchange 5 CONTEST for 0.02192 NGN
10 CONTEST
0.04384  NGN
Exchange 10 CONTEST for 0.04384 NGN
20 CONTEST
0.08768  NGN
Exchange 20 CONTEST for 0.08768 NGN
50 CONTEST
0.2192  NGN
Exchange 50 CONTEST for 0.2192 NGN
100 CONTEST
0.4384  NGN
Exchange 100 CONTEST for 0.4384 NGN
200 CONTEST
0.8768  NGN
Exchange 200 CONTEST for 0.8768 NGN
500 CONTEST
2.19  NGN
Exchange 500 CONTEST for 2.19 NGN
1000 CONTEST
4.38  NGN
Exchange 1000 CONTEST for 4.38 NGN
5000 CONTEST
21.92  NGN
Exchange 5000 CONTEST for 21.92 NGN
10000 CONTEST
43.84  NGN
Exchange 10000 CONTEST for 43.84 NGN
In the table above, you'll find a comprehensive CONTEST to NGN converter that shows the value of Contest in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 CONTEST to NGN, all the way up to 10000 CONTEST, providing a clear view of their respective values.
Nigerian Naira
Contest
1 NGN
228.1 CONTEST
Exchange 1 NGN for 228.1 CONTEST
10 NGN
2,281 CONTEST
Exchange 10 NGN for 2,281 CONTEST
50 NGN
11,404.98 CONTEST
Exchange 50 NGN for 11,404.98 CONTEST
100 NGN
22,809.96 CONTEST
Exchange 100 NGN for 22,809.96 CONTEST
200 NGN
45,619.91 CONTEST
Exchange 200 NGN for 45,619.91 CONTEST
500 NGN
114,049.79 CONTEST
Exchange 500 NGN for 114,049.79 CONTEST
1000 NGN
228,099.57 CONTEST
Exchange 1000 NGN for 228,099.57 CONTEST
2000 NGN
456,199.14 CONTEST
Exchange 2000 NGN for 456,199.14 CONTEST
5000 NGN
1,140,497.86 CONTEST
Exchange 5000 NGN for 1,140,497.86 CONTEST
10000 NGN
2,280,995.72 CONTEST
Exchange 10000 NGN for 2,280,995.72 CONTEST
50000 NGN
11,404,978.6 CONTEST
Exchange 50000 NGN for 11,404,978.6 CONTEST
100000 NGN
22,809,957.21 CONTEST
Exchange 100000 NGN for 22,809,957.21 CONTEST
In the table above, you'll find a comprehensive NGN to CONTEST converter that shows the value of Nigerian Naira in Contest across commonly used conversion amounts. The list covers conversions from 1 NGN to CONTEST, all the way up to 100000 NGN, providing a clear view of their respective values.

CONTEST to NGN chart

CONTEST/NGN: 1 CONTEST = 0.004384 NGN; 2026/01/10 19:45:28
In the past 1D, Contest has changed 0.00% to NGN. Based on the trend and price charts, Contest(CONTEST) has changed 0.00% to NGN while Nigerian Naira(NGN) has changed % to CONTEST in the last 24 hours.
1D7D1M3M1YAll

CONTEST to NGN conversion data: Volatility and price changes of Contest in NGN

The highest Contest price in NGN over the past 7 days was -- NGN while the lowest Contest price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Contest price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and CONTEST 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 NGN
-- NGN
-- NGN
-- NGN
Low
0 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
--
--
--
--

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Buy CONTEST (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of CONTEST with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy CONTEST with USDT via Bitget spot market.
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Contest information

CONTEST to NGN market statistics

CONTEST/NGN:
₦0.004384
CONTEST 24h volume:
--
CONTEST market cap:
₦4,383,247.3
CONTEST circulating supply:
999.82M CONTEST

Current CONTEST to NGN exchange rate

Contest to Nigerian Naira is falling this week.
Contest's current market price is ₦0.004384 per CONTEST, with a total market cap of ₦4,383,247.3 NGN based on a circulating supply of 999,816,800 CONTEST. The trading volume of Contest has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, CONTEST's trading volume was ₦--.

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

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How to convert CONTEST to NGN

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CONTEST to NGN Conversion tables

The exchange rate of Contest is decreasing.
The exchange rate of 1 CONTEST to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 NGN and a low of 0 NGN . One month ago, the value of 1 CONTEST was ₦-- NGN , which represents a --% change from its current value. Over the last year, Contest has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 19:45 today 24 hours ago 24h change
0.5 CONTEST
₦0.002192₦--
0.00%
1 CONTEST
₦0.004384₦--
0.00%
5 CONTEST
₦0.02192₦--
0.00%
10 CONTEST
₦0.04384₦--
0.00%
50 CONTEST
₦0.2192₦--
0.00%
100 CONTEST
₦0.4384₦--
0.00%
500 CONTEST
₦2.19₦--
0.00%
1000 CONTEST
₦4.38₦--
0.00%

CONTEST to NGN FAQ

How much is 1 Contest in NGN?
Right now, the price of 1 Contest (CONTEST) in Nigerian Naira (NGN) is ₦0.004384.
How much CONTEST can I buy for 1 NGN?
Based on the current exchange rate, you can get 228.1 CONTEST for 1 NGN.
How do I calculate or convert CONTEST to NGN?
You can use our CONTEST to NGN calculator at the top of this page to convert any amount of CONTEST to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 1,140.5 CONTEST, while 5 CONTEST will cost around 0.02192NGN.
What is the highest price of CONTEST/NGN in history?
The all-time high price of 1 CONTEST in NGN is --. It remains to be seen if the value of 1 CONTEST/NGN will exceed the current all-time high.
What is the price trend of Contest in NGN?
Over the past 7 days, the exchange rate of Contest (CONTEST) has gone down by --.   Over the last month, the exchange rate of Contest (CONTEST) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of CONTEST to NGN?

There are many factors that affect the relationship between Contest 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 CONTEST/NGN. When there is positive news in the market about the widespread adoption of CONTEST or major technological breakthroughs, it tends to trigger market optimism and drive the rise of CONTEST/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in CONTEST/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 CONTEST/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 Contest 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 Contest currency pairs: CONTEST to US Dollar (USD), CONTEST to Euro (EUR), CONTEST to Pound Sterling (GBP), CONTEST to Canadian Dollar (CAD), CONTEST to Indian Rupee (INR), CONTEST to Pakistani Rupee (PKR), CONTEST to Brazilian Real (BRL), CONTEST to…
The price of Contest in the US is $0.₹0.00027693067 USD. Additionally, Contest’s price is €0.{5}2636 EUR in the eurozone, £0.{5}2287 GBP in the UK, C$0.{5}4269 CAD in Canada, {5} INR in India, ₨0.0008588 PKR in Pakistan, R$0.{4}1648 BRL in Brazil, and more.
The most popular Contest currency pair is the CONTEST to Nigerian Naira(NGN). The price of 1 Contest (CONTEST) in Nigerian Naira (NGN) is ₦0.004384.

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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.
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