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PLN to NGN Converter and calculator

PLN/NGN: 1 PLN = 53.57 NGN. The price of converting 1 Plearn (PLN) to Nigerian Naira (NGN) is 53.57 NGN today.
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PLN
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PLN to NGN real-time exchange rates, making it easy to convert Plearn (PLN) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 PLN is currently valued at 53.57 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PLN is currently valued at 53.57 NGN, which means buying 5 PLN would cost 267.83 NGN. Similarly, ₦1 NGN can be converted to 0.01867 PLN, and ₦50 NGN can be converted to 0.09334 PLN, excluding any platform or gas fees.

Convert PLN to NGN

Convert NGN to PLN

Plearn
Nigerian Naira
100 PLN
5,356.53  NGN
200 PLN
10,713.05  NGN
500 PLN
26,782.63  NGN
1000 PLN
53,565.26  NGN
5000 PLN
267,826.28  NGN
10000 PLN
535,652.56  NGN
In the table above, you'll find a comprehensive PLN to NGN converter that shows the value of Plearn in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 PLN to NGN, all the way up to 10000 PLN, providing a clear view of their respective values.
Nigerian Naira
Plearn
100000 NGN
1,866.88 PLN
In the table above, you'll find a comprehensive NGN to PLN converter that shows the value of Nigerian Naira in Plearn across commonly used conversion amounts. The list covers conversions from 1 NGN to PLN, all the way up to 100000 NGN, providing a clear view of their respective values.

PLN to NGN chart

PLN/NGN: 1 PLN = 53.57 NGN; 2025/04/29 10:59:50
In the past 1D, Plearn has changed -1.27% to NGN. Based on the trend and price charts, Plearn(PLN) has changed -1.27% to NGN while Nigerian Naira(NGN) has changed % to PLN in the last 24 hours.
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PLN to NGN conversion data: Volatility and price changes of Plearn in NGN

The highest Plearn price in NGN over the past 7 days was 55.19 NGN while the lowest Plearn price in NGN over the past 7 days was 48.61 NGN. The relative change between the highs and lows in Plearn price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PLN to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
54.5 NGN
55.19 NGN
68.36 NGN
120.89 NGN
Low
52.04 NGN
48.61 NGN
45.68 NGN
45.68 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-1.27%
+7.95%
-9.85%
-40.36%

Plearn information

PLN to NGN market statistics

PLN/NGN:
₦53.57
PLN 24h volume:
₦379,904,330.35
PLN market cap:
₦4,610,024,133.53
PLN circulating supply:
86.06M PLN

Current PLN to NGN exchange rate

Plearn to Nigerian Naira is rising this week.
Plearn's current market price is ₦53.57 per PLN, with a total market cap of ₦4,610,024,133.53 NGN based on a circulating supply of 86,063,704 PLN. The trading volume of Plearn has changed by -35.90% (₦-212,739,621.44 NGN) in the last 24 hours. Last trading day, PLN's trading volume was ₦592,643,951.79.

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

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How to convert PLN to NGN

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PLN to NGN Conversion tables

The exchange rate of Plearn is decreasing.
The exchange rate of 1 PLN to Nigerian Naira has changed by +7.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.27%, reaching a high of 54.5 NGN and a low of 52.04 NGN . One month ago, the value of 1 PLN was ₦59.42 NGN , which represents a -9.85% change from its current value. Over the last year, Plearn has changed by
-
98.87NGN
, resulting in a change of -64.85% in its value.
24 hours ago1 month ago1 year ago
Amount10:59 am today24 hours ago24h change
0.5 PLN₦26.78₦27.13
-1.27%
1 PLN₦53.57₦54.25
-1.27%
5 PLN₦267.83₦271.26
-1.27%
10 PLN₦535.65₦542.52
-1.27%
50 PLN₦2,678.26₦2,712.62
-1.27%
100 PLN₦5,356.53₦5,425.24
-1.27%
500 PLN₦26,782.63₦27,126.22
-1.27%
1000 PLN₦53,565.26₦54,252.45
-1.27%

PLN to NGN FAQ

How much is 1 Plearn in NGN?
Right now, the price of 1 Plearn (PLN) in Nigerian Naira (NGN) is ₦53.57.
How much PLN can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.01867 PLN for 1 NGN.
How do I calculate or convert PLN to NGN?
You can use our PLN to NGN calculator at the top of this page to convert any amount of PLN to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.09334 PLN, while 5 PLN will cost around 267.83NGN.
What is the highest price of PLN/NGN in history?
The all-time high price of 1 PLN in NGN is ₦218.35. It remains to be seen if the value of 1 PLN/NGN will exceed the current all-time high.
What is the price trend of Plearn in NGN?
Over the past 7 days, the exchange rate of Plearn (PLN) has gone up by 7.95%.   Over the last month, the exchange rate of Plearn (PLN) has gone down by 9.85% against Nigerian Naira (NGN).

What factors influence the conversion rate of PLN to NGN?

There are many factors that affect the relationship between Plearn 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 PLN/NGN. When there is positive news in the market about the widespread adoption of PLN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PLN/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PLN/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 PLN/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 Plearn and adjust their investment strategies accordingly in the evolving market.

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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.