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ShellMates to Nigerian Naira (ShellMates to NGN)

ShellMates to NGN Converter and calculator

ShellMates/NGN: 1 ShellMates = 0.0008982 NGN. The price of converting 1 ShellMates (ShellMates) to Nigerian Naira (NGN) is 0.0008982 NGN today.
ShellMates
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ShellMates to NGN real-time exchange rates, making it easy to convert ShellMates (ShellMates) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 ShellMates is currently valued at 0.0008982 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ShellMates is currently valued at 0.0008982 NGN, which means buying 5 ShellMates would cost 0.004491 NGN. Similarly, ₦1 NGN can be converted to 1,113.29 ShellMates, and ₦50 NGN can be converted to 5,566.43 ShellMates, excluding any platform or gas fees.

Convert ShellMates to NGN

Convert NGN to ShellMates

ShellMates
Nigerian Naira
1 ShellMates
0.0008982  NGN
Exchange 1 ShellMates for 0.0008982 NGN
2 ShellMates
0.001796  NGN
Exchange 2 ShellMates for 0.001796 NGN
5 ShellMates
0.004491  NGN
Exchange 5 ShellMates for 0.004491 NGN
10 ShellMates
0.008982  NGN
Exchange 10 ShellMates for 0.008982 NGN
20 ShellMates
0.01796  NGN
Exchange 20 ShellMates for 0.01796 NGN
50 ShellMates
0.04491  NGN
Exchange 50 ShellMates for 0.04491 NGN
100 ShellMates
0.08982  NGN
Exchange 100 ShellMates for 0.08982 NGN
200 ShellMates
0.1796  NGN
Exchange 200 ShellMates for 0.1796 NGN
500 ShellMates
0.4491  NGN
Exchange 500 ShellMates for 0.4491 NGN
1000 ShellMates
0.8982  NGN
Exchange 1000 ShellMates for 0.8982 NGN
5000 ShellMates
4.49  NGN
Exchange 5000 ShellMates for 4.49 NGN
10000 ShellMates
8.98  NGN
Exchange 10000 ShellMates for 8.98 NGN
In the table above, you'll find a comprehensive ShellMates to NGN converter that shows the value of ShellMates in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 ShellMates to NGN, all the way up to 10000 ShellMates, providing a clear view of their respective values.
Nigerian Naira
ShellMates
1 NGN
1,113.29 ShellMates
Exchange 1 NGN for 1,113.29 ShellMates
10 NGN
11,132.86 ShellMates
Exchange 10 NGN for 11,132.86 ShellMates
50 NGN
55,664.32 ShellMates
Exchange 50 NGN for 55,664.32 ShellMates
100 NGN
111,328.64 ShellMates
Exchange 100 NGN for 111,328.64 ShellMates
200 NGN
222,657.28 ShellMates
Exchange 200 NGN for 222,657.28 ShellMates
500 NGN
556,643.19 ShellMates
Exchange 500 NGN for 556,643.19 ShellMates
1000 NGN
1,113,286.39 ShellMates
Exchange 1000 NGN for 1,113,286.39 ShellMates
2000 NGN
2,226,572.78 ShellMates
Exchange 2000 NGN for 2,226,572.78 ShellMates
5000 NGN
5,566,431.94 ShellMates
Exchange 5000 NGN for 5,566,431.94 ShellMates
10000 NGN
11,132,863.88 ShellMates
Exchange 10000 NGN for 11,132,863.88 ShellMates
50000 NGN
55,664,319.41 ShellMates
Exchange 50000 NGN for 55,664,319.41 ShellMates
100000 NGN
111,328,638.82 ShellMates
Exchange 100000 NGN for 111,328,638.82 ShellMates
In the table above, you'll find a comprehensive NGN to ShellMates converter that shows the value of Nigerian Naira in ShellMates across commonly used conversion amounts. The list covers conversions from 1 NGN to ShellMates, all the way up to 100000 NGN, providing a clear view of their respective values.

ShellMates to NGN chart

ShellMates/NGN: 1 ShellMates = 0.0008982 NGN; 2026/02/03 15:00:07
In the past 1D, ShellMates has changed -0.11% to NGN. Based on the trend and price charts, ShellMates(ShellMates) has changed -0.11% to NGN while Nigerian Naira(NGN) has changed % to ShellMates in the last 24 hours.
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ShellMates to NGN conversion data: Volatility and price changes of ShellMates in NGN

The highest ShellMates price in NGN over the past 7 days was -- NGN while the lowest ShellMates price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in ShellMates price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ShellMates 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
0.001086 NGN
-- NGN
-- NGN
-- NGN
Low
0.0008953 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.11%
--
--
--

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

ShellMates to NGN market statistics

ShellMates/NGN:
₦0.0008982
ShellMates 24h volume:
₦13,282,983.98
ShellMates market cap:
₦89,824,142.88
ShellMates circulating supply:
100.00B ShellMates

Current ShellMates to NGN exchange rate

ShellMates to Nigerian Naira is falling this week.
ShellMates's current market price is ₦0.0008982 per ShellMates, with a total market cap of ₦89,824,142.88 NGN based on a circulating supply of 100,000,000,000 ShellMates. The trading volume of ShellMates has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, ShellMates's trading volume was ₦--.

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

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How to convert ShellMates to NGN

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ShellMates to NGN Conversion tables

The exchange rate of ShellMates is decreasing.
The exchange rate of 1 ShellMates to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.11%, reaching a high of 0.001086 NGN and a low of 0.0008953 NGN . One month ago, the value of 1 ShellMates was ₦-- NGN , which represents a --% change from its current value. Over the last year, ShellMates has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 15:00 today 24 hours ago 24h change
0.5 ShellMates
₦0.0004491₦--
-0.11%
1 ShellMates
₦0.0008982₦--
-0.11%
5 ShellMates
₦0.004491₦--
-0.11%
10 ShellMates
₦0.008982₦--
-0.11%
50 ShellMates
₦0.04491₦--
-0.11%
100 ShellMates
₦0.08982₦--
-0.11%
500 ShellMates
₦0.4491₦--
-0.11%
1000 ShellMates
₦0.8982₦--
-0.11%

ShellMates to NGN FAQ

How much is 1 ShellMates in NGN?
Right now, the price of 1 ShellMates (ShellMates) in Nigerian Naira (NGN) is ₦0.0008982.
How much ShellMates can I buy for 1 NGN?
Based on the current exchange rate, you can get 1,113.29 ShellMates for 1 NGN.
How do I calculate or convert ShellMates to NGN?
You can use our ShellMates to NGN calculator at the top of this page to convert any amount of ShellMates to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 5,566.43 ShellMates, while 5 ShellMates will cost around 0.004491NGN.
What is the highest price of ShellMates/NGN in history?
The all-time high price of 1 ShellMates in NGN is --. It remains to be seen if the value of 1 ShellMates/NGN will exceed the current all-time high.
What is the price trend of ShellMates in NGN?
Over the past 7 days, the exchange rate of ShellMates (ShellMates) has gone down by --.   Over the last month, the exchange rate of ShellMates (ShellMates) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of ShellMates to NGN?

There are many factors that affect the relationship between ShellMates 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 ShellMates/NGN. When there is positive news in the market about the widespread adoption of ShellMates or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ShellMates/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ShellMates/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 ShellMates/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 ShellMates 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 ShellMates currency pairs: ShellMates to US Dollar (USD), ShellMates to Euro (EUR), ShellMates to Pound Sterling (GBP), ShellMates to Canadian Dollar (CAD), ShellMates to Indian Rupee (INR), ShellMates to Pakistani Rupee (PKR), ShellMates to Brazilian Real (BRL), ShellMates to…
The price of ShellMates in the US is $0.₨0.00018196462 USD. Additionally, ShellMates’s price is €0.{6}5447 EUR in the eurozone, £0.{6}4720 GBP in the UK, C$0.{6}8815 CAD in Canada, ₹0.{4}5917 INR in India, {6} PKR in Pakistan, R$0.{5}3401 BRL in Brazil, and more.
The most popular ShellMates currency pair is the ShellMates to Nigerian Naira(NGN). The price of 1 ShellMates (ShellMates) in Nigerian Naira (NGN) is ₦0.0008982.

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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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