Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

SHPING to NGN Converter and calculator

SHPING/NGN: 1 SHPING = 9.92 NGN. The price of converting 1 SHPING (SHPING) to Nigerian Naira (NGN) is 9.92 NGN today.
SHPING
SHPING
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides SHPING to NGN real-time exchange rates, making it easy to convert SHPING (SHPING) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SHPING is currently valued at 9.92 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHPING is currently valued at 9.92 NGN, which means buying 5 SHPING would cost 49.61 NGN. Similarly, ₦1 NGN can be converted to 0.1008 SHPING, and ₦50 NGN can be converted to 0.5040 SHPING, excluding any platform or gas fees.

Convert SHPING to NGN

Convert NGN to SHPING

SHPING
Nigerian Naira
20 SHPING
198.42  NGN
50 SHPING
496.06  NGN
100 SHPING
992.12  NGN
200 SHPING
1,984.23  NGN
500 SHPING
4,960.58  NGN
1000 SHPING
9,921.15  NGN
5000 SHPING
49,605.77  NGN
10000 SHPING
99,211.54  NGN
In the table above, you'll find a comprehensive SHPING to NGN converter that shows the value of SHPING in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SHPING to NGN, all the way up to 10000 SHPING, providing a clear view of their respective values.
Nigerian Naira
SHPING
10000 NGN
1,007.95 SHPING
50000 NGN
5,039.74 SHPING
100000 NGN
10,079.47 SHPING
In the table above, you'll find a comprehensive NGN to SHPING converter that shows the value of Nigerian Naira in SHPING across commonly used conversion amounts. The list covers conversions from 1 NGN to SHPING, all the way up to 100000 NGN, providing a clear view of their respective values.

SHPING to NGN chart

SHPING/NGN: 1 SHPING = 9.92 NGN; 2025/05/03 21:48:12
In the past 1D, SHPING has changed -3.16% to NGN. Based on the trend and price charts, SHPING(SHPING) has changed -3.16% to NGN while Nigerian Naira(NGN) has changed % to SHPING in the last 24 hours.
1D7D1M3M1YAll

SHPING to NGN conversion data: Volatility and price changes of SHPING in NGN

The highest SHPING price in NGN over the past 7 days was 11.41 NGN while the lowest SHPING price in NGN over the past 7 days was 9.58 NGN. The relative change between the highs and lows in SHPING price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SHPING 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
10.29 NGN
11.41 NGN
11.86 NGN
16.65 NGN
Low
9.9 NGN
9.58 NGN
6.95 NGN
6.69 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-3.16%
-11.21%
+31.44%
-24.90%

SHPING information

SHPING to NGN market statistics

SHPING/NGN:
₦9.92
SHPING 24h volume:
₦222,256,427.71
SHPING market cap:
₦22,687,609,430.86
SHPING circulating supply:
2.29B SHPING

Current SHPING to NGN exchange rate

SHPING to Nigerian Naira is falling this week.
SHPING's current market price is ₦9.92 per SHPING, with a total market cap of ₦22,687,609,430.86 NGN based on a circulating supply of 2,286,791,400 SHPING. The trading volume of SHPING has changed by -23.18% (₦-67,070,644.59 NGN) in the last 24 hours. Last trading day, SHPING's trading volume was ₦289,327,072.3.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 96264.37 USD
popular info ethereum
ETH to USD
1 ETH to 1827.35 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 147.01 USD
popular info bitcoin
BTC to EUR
1 BTC to 85165.09 EUR
popular info bitcoin
BTC to GBP
1 BTC to 72554.46 GBP
popular info bitcoin
BTC to CAD
1 BTC to 133037.36 CAD
popular info bitcoin
BTC to BRL
1 BTC to 544827.45 BRL
popular info bitcoin
BTC to INR
1 BTC to 8146901.77 INR
popular info pi-network
PI to INR
1 PI to 49.75 INR

Hot promotions

How to convert SHPING to NGN

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert SHPING to NGN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy SHPING (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of SHPING with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy SHPING with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular SHPING Converter

popular info New Taiwan dollar
SHPING to TWD
1 SHPING to NT$0.1900 TWD
popular info Chinese Yuan
SHPING to CNY
1 SHPING to ¥0.04485 CNY
popular info United States Dollar
SHPING to USD
1 SHPING to $0.006186 USD
popular info Euro
SHPING to EUR
1 SHPING to €0.005473 EUR
popular info Canadian Dollar
SHPING to CAD
1 SHPING to C$0.008550 CAD
popular info Nigerian Naira
SHPING to NGN
1 SHPING to ₦9.92 NGN
popular info South Korean Won
SHPING to KRW
1 SHPING to ₩8.66 KRW
popular info Japanese Yen
SHPING to JPY
1 SHPING to ¥0.8964 JPY
popular info Pound Sterling
SHPING to GBP
1 SHPING to £0.004663 GBP
popular info Brazilian Real
SHPING to BRL
1 SHPING to R$0.03501 BRL

Popular cryptocurrencies to NGN

other assets New XAI gork
gork to NGN
1 gork to ₦70.21 NGN
other assets Aergo
AERGO to NGN
1 AERGO to ₦338.35 NGN
other assets OFFICIAL TRUMP
TRUMP to NGN
1 TRUMP to ₦18,171.89 NGN
other assets Sign
SIGN to NGN
1 SIGN to ₦149.92 NGN
other assets ArbDoge AI
AIDOGE to NGN
1 AIDOGE to ₦0.{6}2815 NGN
other assets Flare
FLR to NGN
1 FLR to ₦30.5 NGN
other assets Biswap
BSW to NGN
1 BSW to ₦67.59 NGN
other assets Bubblemaps
BMT to NGN
1 BMT to ₦234.92 NGN
other assets AVA (Travala)
AVA to NGN
1 AVA to ₦1,100.96 NGN
other assets Onyxcoin
XCN to NGN
1 XCN to ₦27.11 NGN

SHPING to NGN Conversion tables

The exchange rate of SHPING is increasing.
The exchange rate of 1 SHPING to Nigerian Naira has changed by -11.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.16%, reaching a high of 10.29 NGN and a low of 9.9 NGN . One month ago, the value of 1 SHPING was ₦7.55 NGN , which represents a +31.44% change from its current value. Over the last year, SHPING has changed by
-
3.54NGN
, resulting in a change of -26.29% in its value.
24 hours ago1 month ago1 year ago
Amount21:48 today24 hours ago24h change
0.5 SHPING₦4.96₦5.12
-3.16%
1 SHPING₦9.92₦10.24
-3.16%
5 SHPING₦49.61₦51.22
-3.16%
10 SHPING₦99.21₦102.44
-3.16%
50 SHPING₦496.06₦512.21
-3.16%
100 SHPING₦992.12₦1,024.43
-3.16%
500 SHPING₦4,960.58₦5,122.14
-3.16%
1000 SHPING₦9,921.15₦10,244.28
-3.16%

SHPING to NGN FAQ

How much is 1 SHPING in NGN?
Right now, the price of 1 SHPING (SHPING) in Nigerian Naira (NGN) is ₦9.92.
How much SHPING can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.1008 SHPING for 1 NGN.
How do I calculate or convert SHPING to NGN?
You can use our SHPING to NGN calculator at the top of this page to convert any amount of SHPING to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.5040 SHPING, while 5 SHPING will cost around 49.61NGN.
What is the highest price of SHPING/NGN in history?
The all-time high price of 1 SHPING in NGN is ₦158.51. It remains to be seen if the value of 1 SHPING/NGN will exceed the current all-time high.
What is the price trend of SHPING in NGN?
Over the past 7 days, the exchange rate of SHPING (SHPING) has gone down by 11.21%.   Over the last month, the exchange rate of SHPING (SHPING) has gone up by 31.44% against Nigerian Naira (NGN).

What factors influence the conversion rate of SHPING to NGN?

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

Purchase other cryptocurrencies with similar market cap

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.