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HUGS to NGN Converter and calculator

HUGS/NGN: 1 HUGS = 0.04419 NGN. The price of converting 1 Milk & Mocha Token (HUGS) to Nigerian Naira (NGN) is 0.04419 NGN today.
HUGS
HUGS
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides HUGS to NGN real-time exchange rates, making it easy to convert Milk & Mocha Token (HUGS) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 HUGS is currently valued at 0.04419 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 HUGS is currently valued at 0.04419 NGN, which means buying 5 HUGS would cost 0.2209 NGN. Similarly, ₦1 NGN can be converted to 22.63 HUGS, and ₦50 NGN can be converted to 113.16 HUGS, excluding any platform or gas fees.

Convert HUGS to NGN

Convert NGN to HUGS

Milk & Mocha Token
Nigerian Naira
1 HUGS
0.04419  NGN
Exchange 1 HUGS for 0.04419 NGN
2 HUGS
0.08837  NGN
Exchange 2 HUGS for 0.08837 NGN
5 HUGS
0.2209  NGN
Exchange 5 HUGS for 0.2209 NGN
10 HUGS
0.4419  NGN
Exchange 10 HUGS for 0.4419 NGN
20 HUGS
0.8837  NGN
Exchange 20 HUGS for 0.8837 NGN
50 HUGS
2.21  NGN
Exchange 50 HUGS for 2.21 NGN
100 HUGS
4.42  NGN
Exchange 100 HUGS for 4.42 NGN
200 HUGS
8.84  NGN
Exchange 200 HUGS for 8.84 NGN
500 HUGS
22.09  NGN
Exchange 500 HUGS for 22.09 NGN
1000 HUGS
44.19  NGN
Exchange 1000 HUGS for 44.19 NGN
5000 HUGS
220.93  NGN
Exchange 5000 HUGS for 220.93 NGN
10000 HUGS
441.86  NGN
Exchange 10000 HUGS for 441.86 NGN
In the table above, you'll find a comprehensive HUGS to NGN converter that shows the value of Milk & Mocha Token in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 HUGS to NGN, all the way up to 10000 HUGS, providing a clear view of their respective values.
Nigerian Naira
Milk & Mocha Token
1 NGN
22.63 HUGS
Exchange 1 NGN for 22.63 HUGS
10 NGN
226.32 HUGS
Exchange 10 NGN for 226.32 HUGS
50 NGN
1,131.58 HUGS
Exchange 50 NGN for 1,131.58 HUGS
100 NGN
2,263.16 HUGS
Exchange 100 NGN for 2,263.16 HUGS
200 NGN
4,526.32 HUGS
Exchange 200 NGN for 4,526.32 HUGS
500 NGN
11,315.8 HUGS
Exchange 500 NGN for 11,315.8 HUGS
1000 NGN
22,631.59 HUGS
Exchange 1000 NGN for 22,631.59 HUGS
2000 NGN
45,263.19 HUGS
Exchange 2000 NGN for 45,263.19 HUGS
5000 NGN
113,157.97 HUGS
Exchange 5000 NGN for 113,157.97 HUGS
10000 NGN
226,315.95 HUGS
Exchange 10000 NGN for 226,315.95 HUGS
50000 NGN
1,131,579.74 HUGS
Exchange 50000 NGN for 1,131,579.74 HUGS
100000 NGN
2,263,159.47 HUGS
Exchange 100000 NGN for 2,263,159.47 HUGS
In the table above, you'll find a comprehensive NGN to HUGS converter that shows the value of Nigerian Naira in Milk & Mocha Token across commonly used conversion amounts. The list covers conversions from 1 NGN to HUGS, all the way up to 100000 NGN, providing a clear view of their respective values.

HUGS to NGN chart

HUGS/NGN: 1 HUGS = 0.04419 NGN; 2025/12/03 21:24:37
In the past 1D, Milk & Mocha Token has changed -0.80% to NGN. Based on the trend and price charts, Milk & Mocha Token(HUGS) has changed -0.80% to NGN while Nigerian Naira(NGN) has changed % to HUGS in the last 24 hours.
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HUGS to NGN conversion data: Volatility and price changes of Milk & Mocha Token in NGN

The highest Milk & Mocha Token price in NGN over the past 7 days was -- NGN while the lowest Milk & Mocha Token price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Milk & Mocha Token price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and HUGS 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
2.16 NGN
-- NGN
-- NGN
-- NGN
Low
0 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.80%
--
--
--

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Milk & Mocha Token information

HUGS to NGN market statistics

HUGS/NGN:
₦0.04419
HUGS 24h volume:
₦11,819,370,429.16
HUGS market cap:
₦44,186,013.66
HUGS circulating supply:
1000.00M HUGS

Current HUGS to NGN exchange rate

Milk & Mocha Token to Nigerian Naira is falling this week.
Milk & Mocha Token's current market price is ₦0.04419 per HUGS, with a total market cap of ₦44,186,013.66 NGN based on a circulating supply of 999,999,940 HUGS. The trading volume of Milk & Mocha Token has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, HUGS's trading volume was ₦--.

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

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HUGS to NGN Conversion tables

The exchange rate of Milk & Mocha Token is decreasing.
The exchange rate of 1 HUGS to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.80%, reaching a high of 2.16 NGN and a low of 0 NGN . One month ago, the value of 1 HUGS was ₦-- NGN , which represents a --% change from its current value. Over the last year, Milk & Mocha Token has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 21:24 today 24 hours ago 24h change
0.5 HUGS
₦0.02209₦--
-0.80%
1 HUGS
₦0.04419₦--
-0.80%
5 HUGS
₦0.2209₦--
-0.80%
10 HUGS
₦0.4419₦--
-0.80%
50 HUGS
₦2.21₦--
-0.80%
100 HUGS
₦4.42₦--
-0.80%
500 HUGS
₦22.09₦--
-0.80%
1000 HUGS
₦44.19₦--
-0.80%

HUGS to NGN FAQ

How much is 1 Milk & Mocha Token in NGN?
Right now, the price of 1 Milk & Mocha Token (HUGS) in Nigerian Naira (NGN) is ₦0.04419.
How much HUGS can I buy for 1 NGN?
Based on the current exchange rate, you can get 22.63 HUGS for 1 NGN.
How do I calculate or convert HUGS to NGN?
You can use our HUGS to NGN calculator at the top of this page to convert any amount of HUGS to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 113.16 HUGS, while 5 HUGS will cost around 0.2209NGN.
What is the highest price of HUGS/NGN in history?
The all-time high price of 1 HUGS in NGN is --. It remains to be seen if the value of 1 HUGS/NGN will exceed the current all-time high.
What is the price trend of Milk & Mocha Token in NGN?
Over the past 7 days, the exchange rate of Milk & Mocha Token (HUGS) has gone down by --.   Over the last month, the exchange rate of Milk & Mocha Token (HUGS) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of HUGS to NGN?

There are many factors that affect the relationship between Milk & Mocha Token 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 HUGS/NGN. When there is positive news in the market about the widespread adoption of HUGS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of HUGS/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in HUGS/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 HUGS/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 Milk & Mocha Token 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 Milk & Mocha Token currency pairs: HUGS to US Dollar (USD), HUGS to Euro (EUR), HUGS to Pound Sterling (GBP), HUGS to Canadian Dollar (CAD), HUGS to Indian Rupee (INR), HUGS to Pakistani Rupee (PKR), HUGS to Brazilian Real (BRL), HUGS to…
The price of Milk & Mocha Token in the US is $0.{4}3051 USD. Additionally, Milk & Mocha Token’s price is €0.{4}2614 EUR in the eurozone, £0.{4}2286 GBP in the UK, C$0.{4}4256 CAD in Canada, ₹0.002750 INR in India, ₨0.008558 PKR in Pakistan, R$0.0001621 BRL in Brazil, and more.
The most popular Milk & Mocha Token currency pair is the HUGS to Nigerian Naira(NGN). The price of 1 Milk & Mocha Token (HUGS) in Nigerian Naira (NGN) is ₦0.04419.

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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.