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Wrapped Somnia to Nigerian Naira (WSOMI to NGN)

WSOMI to NGN Converter and calculator

WSOMI/NGN: 1 WSOMI = 268.64 NGN. The price of converting 1 Wrapped Somnia (WSOMI) to Nigerian Naira (NGN) is 268.64 NGN today.
WSOMI
WSOMI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WSOMI to NGN real-time exchange rates, making it easy to convert Wrapped Somnia (WSOMI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 WSOMI is currently valued at 268.64 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WSOMI is currently valued at 268.64 NGN, which means buying 5 WSOMI would cost 1,343.19 NGN. Similarly, ₦1 NGN can be converted to 0.003722 WSOMI, and ₦50 NGN can be converted to 0.01861 WSOMI, excluding any platform or gas fees.

Convert WSOMI to NGN

Convert NGN to WSOMI

Wrapped Somnia
Nigerian Naira
1 WSOMI
268.64  NGN
Exchange 1 WSOMI for 268.64 NGN
2 WSOMI
537.28  NGN
Exchange 2 WSOMI for 537.28 NGN
5 WSOMI
1,343.19  NGN
Exchange 5 WSOMI for 1,343.19 NGN
10 WSOMI
2,686.38  NGN
Exchange 10 WSOMI for 2,686.38 NGN
20 WSOMI
5,372.77  NGN
Exchange 20 WSOMI for 5,372.77 NGN
50 WSOMI
13,431.92  NGN
Exchange 50 WSOMI for 13,431.92 NGN
100 WSOMI
26,863.83  NGN
Exchange 100 WSOMI for 26,863.83 NGN
200 WSOMI
53,727.67  NGN
Exchange 200 WSOMI for 53,727.67 NGN
500 WSOMI
134,319.17  NGN
Exchange 500 WSOMI for 134,319.17 NGN
1000 WSOMI
268,638.34  NGN
Exchange 1000 WSOMI for 268,638.34 NGN
5000 WSOMI
1,343,191.72  NGN
Exchange 5000 WSOMI for 1,343,191.72 NGN
10000 WSOMI
2,686,383.45  NGN
Exchange 10000 WSOMI for 2,686,383.45 NGN
In the table above, you'll find a comprehensive WSOMI to NGN converter that shows the value of Wrapped Somnia in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 WSOMI to NGN, all the way up to 10000 WSOMI, providing a clear view of their respective values.
Nigerian Naira
Wrapped Somnia
1 NGN
0.003722 WSOMI
Exchange 1 NGN for 0.003722 WSOMI
10 NGN
0.03722 WSOMI
Exchange 10 NGN for 0.03722 WSOMI
50 NGN
0.1861 WSOMI
Exchange 50 NGN for 0.1861 WSOMI
100 NGN
0.3722 WSOMI
Exchange 100 NGN for 0.3722 WSOMI
200 NGN
0.7445 WSOMI
Exchange 200 NGN for 0.7445 WSOMI
500 NGN
1.86 WSOMI
Exchange 500 NGN for 1.86 WSOMI
1000 NGN
3.72 WSOMI
Exchange 1000 NGN for 3.72 WSOMI
2000 NGN
7.44 WSOMI
Exchange 2000 NGN for 7.44 WSOMI
5000 NGN
18.61 WSOMI
Exchange 5000 NGN for 18.61 WSOMI
10000 NGN
37.22 WSOMI
Exchange 10000 NGN for 37.22 WSOMI
50000 NGN
186.12 WSOMI
Exchange 50000 NGN for 186.12 WSOMI
100000 NGN
372.25 WSOMI
Exchange 100000 NGN for 372.25 WSOMI
In the table above, you'll find a comprehensive NGN to WSOMI converter that shows the value of Nigerian Naira in Wrapped Somnia across commonly used conversion amounts. The list covers conversions from 1 NGN to WSOMI, all the way up to 100000 NGN, providing a clear view of their respective values.

WSOMI to NGN chart

WSOMI/NGN: 1 WSOMI = 268.64 NGN; 2026/02/18 15:57:31
In the past 1D, Wrapped Somnia has changed +5.27% to NGN. Based on the trend and price charts, Wrapped Somnia(WSOMI) has changed +5.27% to NGN while Nigerian Naira(NGN) has changed % to WSOMI in the last 24 hours.
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WSOMI to NGN conversion data: Volatility and price changes of Wrapped Somnia in NGN

The highest Wrapped Somnia price in NGN over the past 7 days was 286.02 NGN while the lowest Wrapped Somnia price in NGN over the past 7 days was 244.34 NGN. The relative change between the highs and lows in Wrapped Somnia price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and WSOMI 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
268.64 NGN
286.02 NGN
540.12 NGN
540.12 NGN
Low
255.18 NGN
244.34 NGN
210.72 NGN
210.72 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+5.27%
+16.69%
+0.74%
-29.86%

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Wrapped Somnia information

WSOMI to NGN market statistics

WSOMI/NGN:
₦268.64
WSOMI 24h volume:
₦181,084.3
WSOMI market cap:
₦2,351,961,270.5
WSOMI circulating supply:
8.76M WSOMI

Current WSOMI to NGN exchange rate

Wrapped Somnia to Nigerian Naira is rising this week.
Wrapped Somnia's current market price is ₦268.64 per WSOMI, with a total market cap of ₦2,351,961,270.5 NGN based on a circulating supply of 8,755,121 WSOMI. The trading volume of Wrapped Somnia has changed by +7.91% (₦13,273.5 NGN) in the last 24 hours. Last trading day, WSOMI's trading volume was ₦167,810.8.

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

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How to convert WSOMI to NGN

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WSOMI to NGN Conversion tables

The exchange rate of Wrapped Somnia is increasing.
The exchange rate of 1 WSOMI to Nigerian Naira has changed by +16.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.27%, reaching a high of 268.64 NGN and a low of 255.18 NGN . One month ago, the value of 1 WSOMI was ₦266.66 NGN , which represents a +0.74% change from its current value. Over the last year, Wrapped Somnia has changed by
+
268.64NGN
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount 15:57 today 24 hours ago 24h change
0.5 WSOMI
₦134.32₦127.59
+5.27%
1 WSOMI
₦268.64₦255.18
+5.27%
5 WSOMI
₦1,343.19₦1,275.91
+5.27%
10 WSOMI
₦2,686.38₦2,551.82
+5.27%
50 WSOMI
₦13,431.92₦12,759.09
+5.27%
100 WSOMI
₦26,863.83₦25,518.18
+5.27%
500 WSOMI
₦134,319.17₦127,590.89
+5.27%
1000 WSOMI
₦268,638.34₦255,181.79
+5.27%

WSOMI to NGN FAQ

How much is 1 Wrapped Somnia in NGN?
Right now, the price of 1 Wrapped Somnia (WSOMI) in Nigerian Naira (NGN) is ₦268.64.
How much WSOMI can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.003722 WSOMI for 1 NGN.
How do I calculate or convert WSOMI to NGN?
You can use our WSOMI to NGN calculator at the top of this page to convert any amount of WSOMI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.01861 WSOMI, while 5 WSOMI will cost around 1,343.19NGN.
What is the highest price of WSOMI/NGN in history?
The all-time high price of 1 WSOMI in NGN is ₦734.59. It remains to be seen if the value of 1 WSOMI/NGN will exceed the current all-time high.
What is the price trend of Wrapped Somnia in NGN?
Over the past 7 days, the exchange rate of Wrapped Somnia (WSOMI) has gone up by 16.69%.   Over the last month, the exchange rate of Wrapped Somnia (WSOMI) has gone up by 0.74% against Nigerian Naira (NGN).

What factors influence the conversion rate of WSOMI to NGN?

There are many factors that affect the relationship between Wrapped Somnia 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 WSOMI/NGN. When there is positive news in the market about the widespread adoption of WSOMI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WSOMI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WSOMI/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 WSOMI/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 Wrapped Somnia 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 Wrapped Somnia currency pairs: WSOMI to US Dollar (USD), WSOMI to Euro (EUR), WSOMI to Pound Sterling (GBP), WSOMI to Canadian Dollar (CAD), WSOMI to Indian Rupee (INR), WSOMI to Pakistani Rupee (PKR), WSOMI to Brazilian Real (BRL), WSOMI to…
The price of Wrapped Somnia in the US is $0.2004 USD. Additionally, Wrapped Somnia’s price is €0.1696 EUR in the eurozone, £0.1481 GBP in the UK, C$0.2741 CAD in Canada, ₹18.18 INR in India, ₨55.99 PKR in Pakistan, R$1.05 BRL in Brazil, and more.
The most popular Wrapped Somnia currency pair is the WSOMI to Nigerian Naira(NGN). The price of 1 Wrapped Somnia (WSOMI) in Nigerian Naira (NGN) is ₦268.64.

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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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