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Sidra Token to Nigerian Naira (SDA to NGN)

SDA to NGN Converter and calculator

SDA/NGN: 1 SDA = 0.{4}9281 NGN. The price of converting 1 Sidra Token (SDA) to Nigerian Naira (NGN) is 0.{4}9281 NGN today.
SDA
SDA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SDA to NGN real-time exchange rates, making it easy to convert Sidra Token (SDA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SDA is currently valued at 0.{4}9281 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SDA is currently valued at 0.{4}9281 NGN, which means buying 5 SDA would cost 0.0004641 NGN. Similarly, ₦1 NGN can be converted to 10,774.49 SDA, and ₦50 NGN can be converted to 53,872.45 SDA, excluding any platform or gas fees.

Convert SDA to NGN

Convert NGN to SDA

Sidra Token
Nigerian Naira
1 SDA
0.{4}9281  NGN
Exchange 1 SDA for 0.{4}9281 NGN
2 SDA
0.0001856  NGN
Exchange 2 SDA for 0.0001856 NGN
5 SDA
0.0004641  NGN
Exchange 5 SDA for 0.0004641 NGN
10 SDA
0.0009281  NGN
Exchange 10 SDA for 0.0009281 NGN
20 SDA
0.001856  NGN
Exchange 20 SDA for 0.001856 NGN
50 SDA
0.004641  NGN
Exchange 50 SDA for 0.004641 NGN
100 SDA
0.009281  NGN
Exchange 100 SDA for 0.009281 NGN
200 SDA
0.01856  NGN
Exchange 200 SDA for 0.01856 NGN
500 SDA
0.04641  NGN
Exchange 500 SDA for 0.04641 NGN
1000 SDA
0.09281  NGN
Exchange 1000 SDA for 0.09281 NGN
5000 SDA
0.4641  NGN
Exchange 5000 SDA for 0.4641 NGN
10000 SDA
0.9281  NGN
Exchange 10000 SDA for 0.9281 NGN
In the table above, you'll find a comprehensive SDA to NGN converter that shows the value of Sidra Token in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SDA to NGN, all the way up to 10000 SDA, providing a clear view of their respective values.
Nigerian Naira
Sidra Token
1 NGN
10,774.49 SDA
Exchange 1 NGN for 10,774.49 SDA
10 NGN
107,744.89 SDA
Exchange 10 NGN for 107,744.89 SDA
50 NGN
538,724.46 SDA
Exchange 50 NGN for 538,724.46 SDA
100 NGN
1,077,448.93 SDA
Exchange 100 NGN for 1,077,448.93 SDA
200 NGN
2,154,897.85 SDA
Exchange 200 NGN for 2,154,897.85 SDA
500 NGN
5,387,244.63 SDA
Exchange 500 NGN for 5,387,244.63 SDA
1000 NGN
10,774,489.26 SDA
Exchange 1000 NGN for 10,774,489.26 SDA
2000 NGN
21,548,978.53 SDA
Exchange 2000 NGN for 21,548,978.53 SDA
5000 NGN
53,872,446.32 SDA
Exchange 5000 NGN for 53,872,446.32 SDA
10000 NGN
107,744,892.64 SDA
Exchange 10000 NGN for 107,744,892.64 SDA
50000 NGN
538,724,463.19 SDA
Exchange 50000 NGN for 538,724,463.19 SDA
100000 NGN
1,077,448,926.37 SDA
Exchange 100000 NGN for 1,077,448,926.37 SDA
In the table above, you'll find a comprehensive NGN to SDA converter that shows the value of Nigerian Naira in Sidra Token across commonly used conversion amounts. The list covers conversions from 1 NGN to SDA, all the way up to 100000 NGN, providing a clear view of their respective values.

SDA to NGN chart

SDA/NGN: 1 SDA = 0.{4}9281 NGN; 2026/01/31 19:20:31
In the past 1D, Sidra Token has changed 0.00% to NGN. Based on the trend and price charts, Sidra Token(SDA) has changed 0.00% to NGN while Nigerian Naira(NGN) has changed % to SDA in the last 24 hours.
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SDA to NGN conversion data: Volatility and price changes of Sidra Token in NGN

The highest Sidra Token price in NGN over the past 7 days was -- NGN while the lowest Sidra Token price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Sidra Token price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SDA 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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Sidra Token information

SDA to NGN market statistics

SDA/NGN:
₦0.{4}9281
SDA 24h volume:
--
SDA market cap:
₦92,811.82
SDA circulating supply:
1.00B SDA

Current SDA to NGN exchange rate

Sidra Token to Nigerian Naira is falling this week.
Sidra Token's current market price is ₦0.1,000,000,0009281 per SDA, with a total market cap of ₦92,811.82 NGN based on a circulating supply of {4} SDA. The trading volume of Sidra Token has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, SDA's trading volume was ₦--.

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

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SDA to NGN Conversion tables

The exchange rate of Sidra Token is decreasing.
The exchange rate of 1 SDA 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 SDA was ₦-- NGN , which represents a --% change from its current value. Over the last year, Sidra Token has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 19:20 today 24 hours ago 24h change
0.5 SDA
₦0.{4}4641₦--
0.00%
1 SDA
₦0.{4}9281₦--
0.00%
5 SDA
₦0.0004641₦--
0.00%
10 SDA
₦0.0009281₦--
0.00%
50 SDA
₦0.004641₦--
0.00%
100 SDA
₦0.009281₦--
0.00%
500 SDA
₦0.04641₦--
0.00%
1000 SDA
₦0.09281₦--
0.00%

SDA to NGN FAQ

How much is 1 Sidra Token in NGN?
Right now, the price of 1 Sidra Token (SDA) in Nigerian Naira (NGN) is ₦0.{4}9281.
How much SDA can I buy for 1 NGN?
Based on the current exchange rate, you can get 10,774.49 SDA for 1 NGN.
How do I calculate or convert SDA to NGN?
You can use our SDA to NGN calculator at the top of this page to convert any amount of SDA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 53,872.45 SDA, while 5 SDA will cost around 0.0004641NGN.
What is the highest price of SDA/NGN in history?
The all-time high price of 1 SDA in NGN is --. It remains to be seen if the value of 1 SDA/NGN will exceed the current all-time high.
What is the price trend of Sidra Token in NGN?
Over the past 7 days, the exchange rate of Sidra Token (SDA) has gone down by --.   Over the last month, the exchange rate of Sidra Token (SDA) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of SDA to NGN?

There are many factors that affect the relationship between Sidra Token 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 SDA/NGN. When there is positive news in the market about the widespread adoption of SDA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SDA/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SDA/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 SDA/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 Sidra Token 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 Sidra Token currency pairs: SDA to US Dollar (USD), SDA to Euro (EUR), SDA to Pound Sterling (GBP), SDA to Canadian Dollar (CAD), SDA to Indian Rupee (INR), SDA to Pakistani Rupee (PKR), SDA to Brazilian Real (BRL), SDA to…
The price of Sidra Token in the US is $0.R$0.{6}35206694 USD. Additionally, Sidra Token’s price is €0.{7}5647 EUR in the eurozone, £0.{7}4889 GBP in the UK, C$0.{7}9120 CAD in Canada, ₹0.{5}6137 INR in India, ₨0.{4}1873 PKR in Pakistan, {7} BRL in Brazil, and more.
The most popular Sidra Token currency pair is the SDA to Nigerian Naira(NGN). The price of 1 Sidra Token (SDA) in Nigerian Naira (NGN) is ₦0.{4}9281.

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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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