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KIBSHI to NGN Converter and calculator

KIBSHI/NGN: 1 KIBSHI = 0.005343 NGN. The price of converting 1 KiboShib (KIBSHI) to Nigerian Naira (NGN) is 0.005343 NGN today.
KIBSHI
KIBSHI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides KIBSHI to NGN real-time exchange rates, making it easy to convert KiboShib (KIBSHI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 KIBSHI is currently valued at 0.005343 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 KIBSHI is currently valued at 0.005343 NGN, which means buying 5 KIBSHI would cost 0.02672 NGN. Similarly, ₦1 NGN can be converted to 187.15 KIBSHI, and ₦50 NGN can be converted to 935.77 KIBSHI, excluding any platform or gas fees.

Convert KIBSHI to NGN

Convert NGN to KIBSHI

KiboShib
Nigerian Naira
1 KIBSHI
0.005343  NGN
Exchange 1 KIBSHI for 0.005343 NGN
2 KIBSHI
0.01069  NGN
Exchange 2 KIBSHI for 0.01069 NGN
5 KIBSHI
0.02672  NGN
Exchange 5 KIBSHI for 0.02672 NGN
10 KIBSHI
0.05343  NGN
Exchange 10 KIBSHI for 0.05343 NGN
20 KIBSHI
0.1069  NGN
Exchange 20 KIBSHI for 0.1069 NGN
50 KIBSHI
0.2672  NGN
Exchange 50 KIBSHI for 0.2672 NGN
100 KIBSHI
0.5343  NGN
Exchange 100 KIBSHI for 0.5343 NGN
200 KIBSHI
1.07  NGN
Exchange 200 KIBSHI for 1.07 NGN
500 KIBSHI
2.67  NGN
Exchange 500 KIBSHI for 2.67 NGN
1000 KIBSHI
5.34  NGN
Exchange 1000 KIBSHI for 5.34 NGN
5000 KIBSHI
26.72  NGN
Exchange 5000 KIBSHI for 26.72 NGN
10000 KIBSHI
53.43  NGN
Exchange 10000 KIBSHI for 53.43 NGN
In the table above, you'll find a comprehensive KIBSHI to NGN converter that shows the value of KiboShib in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 KIBSHI to NGN, all the way up to 10000 KIBSHI, providing a clear view of their respective values.
Nigerian Naira
KiboShib
1 NGN
187.15 KIBSHI
Exchange 1 NGN for 187.15 KIBSHI
10 NGN
1,871.55 KIBSHI
Exchange 10 NGN for 1,871.55 KIBSHI
50 NGN
9,357.73 KIBSHI
Exchange 50 NGN for 9,357.73 KIBSHI
100 NGN
18,715.46 KIBSHI
Exchange 100 NGN for 18,715.46 KIBSHI
200 NGN
37,430.91 KIBSHI
Exchange 200 NGN for 37,430.91 KIBSHI
500 NGN
93,577.28 KIBSHI
Exchange 500 NGN for 93,577.28 KIBSHI
1000 NGN
187,154.56 KIBSHI
Exchange 1000 NGN for 187,154.56 KIBSHI
2000 NGN
374,309.12 KIBSHI
Exchange 2000 NGN for 374,309.12 KIBSHI
5000 NGN
935,772.79 KIBSHI
Exchange 5000 NGN for 935,772.79 KIBSHI
10000 NGN
1,871,545.59 KIBSHI
Exchange 10000 NGN for 1,871,545.59 KIBSHI
50000 NGN
9,357,727.94 KIBSHI
Exchange 50000 NGN for 9,357,727.94 KIBSHI
100000 NGN
18,715,455.89 KIBSHI
Exchange 100000 NGN for 18,715,455.89 KIBSHI
In the table above, you'll find a comprehensive NGN to KIBSHI converter that shows the value of Nigerian Naira in KiboShib across commonly used conversion amounts. The list covers conversions from 1 NGN to KIBSHI, all the way up to 100000 NGN, providing a clear view of their respective values.

KIBSHI to NGN chart

KIBSHI/NGN: 1 KIBSHI = 0.005343 NGN; 2025/11/19 19:16:05
In the past 1D, KiboShib has changed -1.56% to NGN. Based on the trend and price charts, KiboShib(KIBSHI) has changed -1.56% to NGN while Nigerian Naira(NGN) has changed % to KIBSHI in the last 24 hours.
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KIBSHI to NGN conversion data: Volatility and price changes of KiboShib in NGN

The highest KiboShib price in NGN over the past 7 days was 0.008367 NGN while the lowest KiboShib price in NGN over the past 7 days was 0.004963 NGN. The relative change between the highs and lows in KiboShib price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and KIBSHI 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
0.005609 NGN
0.008367 NGN
0.009429 NGN
0.03931 NGN
Low
0.005287 NGN
0.004963 NGN
0.004963 NGN
0.004963 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-1.56%
-35.00%
-28.27%
-73.02%

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KiboShib information

KIBSHI to NGN market statistics

KIBSHI/NGN:
₦0.005343
KIBSHI 24h volume:
₦93,978,285.04
KIBSHI market cap:
₦5,343,177,390.48
KIBSHI circulating supply:
1.00T KIBSHI

Current KIBSHI to NGN exchange rate

KiboShib to Nigerian Naira is falling this week.
KiboShib's current market price is ₦0.005343 per KIBSHI, with a total market cap of ₦5,343,177,390.48 NGN based on a circulating supply of 1,000,000,000,000 KIBSHI. The trading volume of KiboShib has changed by +6.08% (₦5,382,629.08 NGN) in the last 24 hours. Last trading day, KIBSHI's trading volume was ₦88,595,655.97.

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

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How to convert KIBSHI to NGN

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KIBSHI to NGN Conversion tables

The exchange rate of KiboShib is decreasing.
The exchange rate of 1 KIBSHI to Nigerian Naira has changed by -35.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.56%, reaching a high of 0.005609 NGN and a low of 0.005287 NGN . One month ago, the value of 1 KIBSHI was ₦0.007442 NGN , which represents a -28.27% change from its current value. Over the last year, KiboShib has changed by
-
0.04952NGN
, resulting in a change of -90.29% in its value.
24 hours ago1 month ago1 year ago
Amount 19:16 today 24 hours ago 24h change
0.5 KIBSHI
₦0.002672₦0.002714
-1.56%
1 KIBSHI
₦0.005343₦0.005427
-1.56%
5 KIBSHI
₦0.02672₦0.02714
-1.56%
10 KIBSHI
₦0.05343₦0.05427
-1.56%
50 KIBSHI
₦0.2672₦0.2714
-1.56%
100 KIBSHI
₦0.5343₦0.5427
-1.56%
500 KIBSHI
₦2.67₦2.71
-1.56%
1000 KIBSHI
₦5.34₦5.43
-1.56%

KIBSHI to NGN FAQ

How much is 1 KiboShib in NGN?
Right now, the price of 1 KiboShib (KIBSHI) in Nigerian Naira (NGN) is ₦0.005343.
How much KIBSHI can I buy for 1 NGN?
Based on the current exchange rate, you can get 187.15 KIBSHI for 1 NGN.
How do I calculate or convert KIBSHI to NGN?
You can use our KIBSHI to NGN calculator at the top of this page to convert any amount of KIBSHI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 935.77 KIBSHI, while 5 KIBSHI will cost around 0.02672NGN.
What is the highest price of KIBSHI/NGN in history?
The all-time high price of 1 KIBSHI in NGN is ₦0.06905. It remains to be seen if the value of 1 KIBSHI/NGN will exceed the current all-time high.
What is the price trend of KiboShib in NGN?
Over the past 7 days, the exchange rate of KiboShib (KIBSHI) has gone down by 35.00%.   Over the last month, the exchange rate of KiboShib (KIBSHI) has gone down by 28.27% against Nigerian Naira (NGN).

What factors influence the conversion rate of KIBSHI to NGN?

There are many factors that affect the relationship between KiboShib 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 KIBSHI/NGN. When there is positive news in the market about the widespread adoption of KIBSHI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of KIBSHI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in KIBSHI/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 KIBSHI/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 KiboShib 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 KiboShib currency pairs: KIBSHI to US Dollar (USD), KIBSHI to Euro (EUR), KIBSHI to Pound Sterling (GBP), KIBSHI to Canadian Dollar (CAD), KIBSHI to Indian Rupee (INR), KIBSHI to Pakistani Rupee (PKR), KIBSHI to Brazilian Real (BRL), KIBSHI to…
The price of KiboShib in the US is $0.{5}3680 USD. Additionally, KiboShib’s price is €0.{5}3190 EUR in the eurozone, £0.{5}2816 GBP in the UK, C$0.{5}5169 CAD in Canada, ₹0.0003257 INR in India, ₨0.001040 PKR in Pakistan, R$0.{4}1964 BRL in Brazil, and more.
The most popular KiboShib currency pair is the KIBSHI to Nigerian Naira(NGN). The price of 1 KiboShib (KIBSHI) in Nigerian Naira (NGN) is ₦0.005343.

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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.