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scared to NGN Converter and calculator

scared/NGN: 1 scared = 0.2454 NGN. The price of converting 1 scared money (scared) to Nigerian Naira (NGN) is 0.2454 NGN today.
scared
scared
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides scared to NGN real-time exchange rates, making it easy to convert scared money (scared) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 scared is currently valued at 0.2454 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 scared is currently valued at 0.2454 NGN, which means buying 5 scared would cost 1.23 NGN. Similarly, ₦1 NGN can be converted to 4.07 scared, and ₦50 NGN can be converted to 20.37 scared, excluding any platform or gas fees.

Convert scared to NGN

Convert NGN to scared

scared money
Nigerian Naira
1 scared
0.2454  NGN
Exchange 1 scared for 0.2454 NGN
2 scared
0.4908  NGN
Exchange 2 scared for 0.4908 NGN
5 scared
1.23  NGN
Exchange 5 scared for 1.23 NGN
10 scared
2.45  NGN
Exchange 10 scared for 2.45 NGN
20 scared
4.91  NGN
Exchange 20 scared for 4.91 NGN
50 scared
12.27  NGN
Exchange 50 scared for 12.27 NGN
100 scared
24.54  NGN
Exchange 100 scared for 24.54 NGN
200 scared
49.08  NGN
Exchange 200 scared for 49.08 NGN
500 scared
122.7  NGN
Exchange 500 scared for 122.7 NGN
1000 scared
245.4  NGN
Exchange 1000 scared for 245.4 NGN
5000 scared
1,227.01  NGN
Exchange 5000 scared for 1,227.01 NGN
10000 scared
2,454.02  NGN
Exchange 10000 scared for 2,454.02 NGN
In the table above, you'll find a comprehensive scared to NGN converter that shows the value of scared money in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 scared to NGN, all the way up to 10000 scared, providing a clear view of their respective values.
Nigerian Naira
scared money
1 NGN
4.07 scared
Exchange 1 NGN for 4.07 scared
10 NGN
40.75 scared
Exchange 10 NGN for 40.75 scared
50 NGN
203.75 scared
Exchange 50 NGN for 203.75 scared
100 NGN
407.49 scared
Exchange 100 NGN for 407.49 scared
200 NGN
814.99 scared
Exchange 200 NGN for 814.99 scared
500 NGN
2,037.47 scared
Exchange 500 NGN for 2,037.47 scared
1000 NGN
4,074.94 scared
Exchange 1000 NGN for 4,074.94 scared
2000 NGN
8,149.88 scared
Exchange 2000 NGN for 8,149.88 scared
5000 NGN
20,374.69 scared
Exchange 5000 NGN for 20,374.69 scared
10000 NGN
40,749.38 scared
Exchange 10000 NGN for 40,749.38 scared
50000 NGN
203,746.91 scared
Exchange 50000 NGN for 203,746.91 scared
100000 NGN
407,493.81 scared
Exchange 100000 NGN for 407,493.81 scared
In the table above, you'll find a comprehensive NGN to scared converter that shows the value of Nigerian Naira in scared money across commonly used conversion amounts. The list covers conversions from 1 NGN to scared, all the way up to 100000 NGN, providing a clear view of their respective values.

scared to NGN chart

scared/NGN: 1 scared = 0.2454 NGN; 2025/09/14 23:44:37
In the past 1D, scared money has changed +1.58% to NGN. Based on the trend and price charts, scared money(scared) has changed +1.58% to NGN while Nigerian Naira(NGN) has changed % to scared in the last 24 hours.
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scared to NGN conversion data: Volatility and price changes of scared money in NGN

The highest scared money price in NGN over the past 7 days was -- NGN while the lowest scared money price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in scared money price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and scared 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
0.2469 NGN
-- NGN
-- NGN
-- NGN
Low
0.09496 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.58%
--
--
--

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Buy scared (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of scared with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy scared with USDT via Bitget spot market.
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scared money information

scared to NGN market statistics

scared/NGN:
₦0.2454
scared 24h volume:
₦5,089,888,271.5
scared market cap:
₦245,401,268.06
scared circulating supply:
1000.00M scared

Current scared to NGN exchange rate

scared money to Nigerian Naira is falling this week.
scared money's current market price is ₦0.2454 per scared, with a total market cap of ₦245,401,268.06 NGN based on a circulating supply of 999,995,000 scared. The trading volume of scared money has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, scared's trading volume was ₦--.

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

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How to convert scared to NGN

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scared to NGN Conversion tables

The exchange rate of scared money is decreasing.
The exchange rate of 1 scared to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.58%, reaching a high of 0.2469 NGN and a low of 0.09496 NGN . One month ago, the value of 1 scared was ₦-- NGN , which represents a --% change from its current value. Over the last year, scared money has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 23:44 today 24 hours ago 24h change
0.5 scared
₦0.1227₦--
+1.58%
1 scared
₦0.2454₦--
+1.58%
5 scared
₦1.23₦--
+1.58%
10 scared
₦2.45₦--
+1.58%
50 scared
₦12.27₦--
+1.58%
100 scared
₦24.54₦--
+1.58%
500 scared
₦122.7₦--
+1.58%
1000 scared
₦245.4₦--
+1.58%

scared to NGN FAQ

How much is 1 scared money in NGN?
Right now, the price of 1 scared money (scared) in Nigerian Naira (NGN) is ₦0.2454.
How much scared can I buy for 1 NGN?
Based on the current exchange rate, you can get 4.07 scared for 1 NGN.
How do I calculate or convert scared to NGN?
You can use our scared to NGN calculator at the top of this page to convert any amount of scared to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 20.37 scared, while 5 scared will cost around 1.23NGN.
What is the highest price of scared/NGN in history?
The all-time high price of 1 scared in NGN is --. It remains to be seen if the value of 1 scared/NGN will exceed the current all-time high.
What is the price trend of scared money in NGN?
Over the past 7 days, the exchange rate of scared money (scared) has gone down by --.   Over the last month, the exchange rate of scared money (scared) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of scared to NGN?

There are many factors that affect the relationship between scared money 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 scared/NGN. When there is positive news in the market about the widespread adoption of scared or major technological breakthroughs, it tends to trigger market optimism and drive the rise of scared/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in scared/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 scared/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 scared money 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 scared money currency pairs: scared to US Dollar (USD), scared to Euro (EUR), scared to Pound Sterling (GBP), scared to Canadian Dollar (CAD), scared to Indian Rupee (INR), scared to Pakistani Rupee (PKR), scared to Brazilian Real (BRL), scared to…
The price of scared money in the US is $0.0001634 USD. Additionally, scared money’s price is €0.0001392 EUR in the eurozone, £0.0001205 GBP in the UK, C$0.0002261 CAD in Canada, ₹0.01442 INR in India, ₨0.04640 PKR in Pakistan, R$0.0008735 BRL in Brazil, and more.
The most popular scared money currency pair is the scared to Nigerian Naira(NGN). The price of 1 scared money (scared) in Nigerian Naira (NGN) is ₦0.2454.

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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.