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LOOP to NGN Converter and calculator

LOOP/NGN: 1 LOOP = 0.02863 NGN. The price of converting 1 Solana Money Loop (LOOP) to Nigerian Naira (NGN) is 0.02863 NGN today.
LOOP
LOOP
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LOOP to NGN real-time exchange rates, making it easy to convert Solana Money Loop (LOOP) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 LOOP is currently valued at 0.02863 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOOP is currently valued at 0.02863 NGN, which means buying 5 LOOP would cost 0.1431 NGN. Similarly, ₦1 NGN can be converted to 34.93 LOOP, and ₦50 NGN can be converted to 174.66 LOOP, excluding any platform or gas fees.

Convert LOOP to NGN

Convert NGN to LOOP

Solana Money Loop
Nigerian Naira
1 LOOP
0.02863  NGN
Exchange 1 LOOP for 0.02863 NGN
2 LOOP
0.05725  NGN
Exchange 2 LOOP for 0.05725 NGN
5 LOOP
0.1431  NGN
Exchange 5 LOOP for 0.1431 NGN
10 LOOP
0.2863  NGN
Exchange 10 LOOP for 0.2863 NGN
20 LOOP
0.5725  NGN
Exchange 20 LOOP for 0.5725 NGN
50 LOOP
1.43  NGN
Exchange 50 LOOP for 1.43 NGN
100 LOOP
2.86  NGN
Exchange 100 LOOP for 2.86 NGN
200 LOOP
5.73  NGN
Exchange 200 LOOP for 5.73 NGN
500 LOOP
14.31  NGN
Exchange 500 LOOP for 14.31 NGN
1000 LOOP
28.63  NGN
Exchange 1000 LOOP for 28.63 NGN
5000 LOOP
143.13  NGN
Exchange 5000 LOOP for 143.13 NGN
10000 LOOP
286.27  NGN
Exchange 10000 LOOP for 286.27 NGN
In the table above, you'll find a comprehensive LOOP to NGN converter that shows the value of Solana Money Loop in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 LOOP to NGN, all the way up to 10000 LOOP, providing a clear view of their respective values.
Nigerian Naira
Solana Money Loop
1 NGN
34.93 LOOP
Exchange 1 NGN for 34.93 LOOP
10 NGN
349.32 LOOP
Exchange 10 NGN for 349.32 LOOP
50 NGN
1,746.61 LOOP
Exchange 50 NGN for 1,746.61 LOOP
100 NGN
3,493.21 LOOP
Exchange 100 NGN for 3,493.21 LOOP
200 NGN
6,986.42 LOOP
Exchange 200 NGN for 6,986.42 LOOP
500 NGN
17,466.05 LOOP
Exchange 500 NGN for 17,466.05 LOOP
1000 NGN
34,932.1 LOOP
Exchange 1000 NGN for 34,932.1 LOOP
2000 NGN
69,864.2 LOOP
Exchange 2000 NGN for 69,864.2 LOOP
5000 NGN
174,660.51 LOOP
Exchange 5000 NGN for 174,660.51 LOOP
10000 NGN
349,321.01 LOOP
Exchange 10000 NGN for 349,321.01 LOOP
50000 NGN
1,746,605.07 LOOP
Exchange 50000 NGN for 1,746,605.07 LOOP
100000 NGN
3,493,210.13 LOOP
Exchange 100000 NGN for 3,493,210.13 LOOP
In the table above, you'll find a comprehensive NGN to LOOP converter that shows the value of Nigerian Naira in Solana Money Loop across commonly used conversion amounts. The list covers conversions from 1 NGN to LOOP, all the way up to 100000 NGN, providing a clear view of their respective values.

LOOP to NGN chart

LOOP/NGN: 1 LOOP = 0.02863 NGN; 2025/11/28 15:38:36
In the past 1D, Solana Money Loop has changed +9.38% to NGN. Based on the trend and price charts, Solana Money Loop(LOOP) has changed +9.38% to NGN while Nigerian Naira(NGN) has changed % to LOOP in the last 24 hours.
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LOOP to NGN conversion data: Volatility and price changes of Solana Money Loop in NGN

The highest Solana Money Loop price in NGN over the past 7 days was 0.03766 NGN while the lowest Solana Money Loop price in NGN over the past 7 days was 0.01996 NGN. The relative change between the highs and lows in Solana Money Loop price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and LOOP 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
0.03086 NGN
0.03766 NGN
0.3465 NGN
1.22 NGN
Low
0.02267 NGN
0.01996 NGN
0.01996 NGN
0.007523 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+9.38%
+0.68%
-88.38%
-90.06%

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Solana Money Loop information

LOOP to NGN market statistics

LOOP/NGN:
₦0.02863
LOOP 24h volume:
₦803,355.47
LOOP market cap:
--
LOOP circulating supply:
0 LOOP

Current LOOP to NGN exchange rate

Solana Money Loop to Nigerian Naira is rising this week.
Solana Money Loop's current market price is ₦0.02863 per LOOP, with a total market cap of ₦0 NGN based on a circulating supply of -- LOOP. The trading volume of Solana Money Loop has changed by +0.81% (₦6,441.46 NGN) in the last 24 hours. Last trading day, LOOP's trading volume was ₦796,914.02.

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

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How to convert LOOP to NGN

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LOOP to NGN Conversion tables

The exchange rate of Solana Money Loop is decreasing.
The exchange rate of 1 LOOP to Nigerian Naira has changed by +0.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.38%, reaching a high of 0.03086 NGN and a low of 0.02267 NGN . One month ago, the value of 1 LOOP was ₦0.2634 NGN , which represents a -88.38% change from its current value. Over the last year, Solana Money Loop has changed by
+
0.03086NGN
, resulting in a change of -89.42% in its value.
24 hours ago1 month ago1 year ago
Amount 15:38 today 24 hours ago 24h change
0.5 LOOP
₦0.01431₦0.01299
+9.38%
1 LOOP
₦0.02863₦0.02598
+9.38%
5 LOOP
₦0.1431₦0.1299
+9.38%
10 LOOP
₦0.2863₦0.2598
+9.38%
50 LOOP
₦1.43₦1.3
+9.38%
100 LOOP
₦2.86₦2.6
+9.38%
500 LOOP
₦14.31₦12.99
+9.38%
1000 LOOP
₦28.63₦25.98
+9.38%

LOOP to NGN FAQ

How much is 1 Solana Money Loop in NGN?
Right now, the price of 1 Solana Money Loop (LOOP) in Nigerian Naira (NGN) is ₦0.02863.
How much LOOP can I buy for 1 NGN?
Based on the current exchange rate, you can get 34.93 LOOP for 1 NGN.
How do I calculate or convert LOOP to NGN?
You can use our LOOP to NGN calculator at the top of this page to convert any amount of LOOP to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 174.66 LOOP, while 5 LOOP will cost around 0.1431NGN.
What is the highest price of LOOP/NGN in history?
The all-time high price of 1 LOOP in NGN is ₦1.22. It remains to be seen if the value of 1 LOOP/NGN will exceed the current all-time high.
What is the price trend of Solana Money Loop in NGN?
Over the past 7 days, the exchange rate of Solana Money Loop (LOOP) has gone up by 0.68%.   Over the last month, the exchange rate of Solana Money Loop (LOOP) has gone down by 88.38% against Nigerian Naira (NGN).

What factors influence the conversion rate of LOOP to NGN?

There are many factors that affect the relationship between Solana Money Loop 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 LOOP/NGN. When there is positive news in the market about the widespread adoption of LOOP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LOOP/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LOOP/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 LOOP/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 Solana Money Loop 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 Solana Money Loop currency pairs: LOOP to US Dollar (USD), LOOP to Euro (EUR), LOOP to Pound Sterling (GBP), LOOP to Canadian Dollar (CAD), LOOP to Indian Rupee (INR), LOOP to Pakistani Rupee (PKR), LOOP to Brazilian Real (BRL), LOOP to…
The price of Solana Money Loop in the US is $0.{4}1980 USD. Additionally, Solana Money Loop’s price is €0.{4}1711 EUR in the eurozone, £0.{4}1497 GBP in the UK, C$0.{4}2771 CAD in Canada, ₹0.001771 INR in India, ₨0.005593 PKR in Pakistan, R$0.0001058 BRL in Brazil, and more.
The most popular Solana Money Loop currency pair is the LOOP to Nigerian Naira(NGN). The price of 1 Solana Money Loop (LOOP) in Nigerian Naira (NGN) is ₦0.02863.

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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.