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SHIBACHU to NGN Converter and calculator

SHIBACHU/NGN: 1 SHIBACHU = 0.1553 NGN. The price of converting 1 Shibachu (SHIBACHU) to Nigerian Naira (NGN) is 0.1553 NGN today.
SHIBACHU
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHIBACHU to NGN real-time exchange rates, making it easy to convert Shibachu (SHIBACHU) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SHIBACHU is currently valued at 0.1553 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHIBACHU is currently valued at 0.1553 NGN, which means buying 5 SHIBACHU would cost 0.7763 NGN. Similarly, ₦1 NGN can be converted to 6.44 SHIBACHU, and ₦50 NGN can be converted to 32.2 SHIBACHU, excluding any platform or gas fees.

Convert SHIBACHU to NGN

Convert NGN to SHIBACHU

Shibachu
Nigerian Naira
1 SHIBACHU
0.1553  NGN
Exchange 1 SHIBACHU for 0.1553 NGN
2 SHIBACHU
0.3105  NGN
Exchange 2 SHIBACHU for 0.3105 NGN
5 SHIBACHU
0.7763  NGN
Exchange 5 SHIBACHU for 0.7763 NGN
10 SHIBACHU
1.55  NGN
Exchange 10 SHIBACHU for 1.55 NGN
20 SHIBACHU
3.11  NGN
Exchange 20 SHIBACHU for 3.11 NGN
50 SHIBACHU
7.76  NGN
Exchange 50 SHIBACHU for 7.76 NGN
100 SHIBACHU
15.53  NGN
Exchange 100 SHIBACHU for 15.53 NGN
200 SHIBACHU
31.05  NGN
Exchange 200 SHIBACHU for 31.05 NGN
500 SHIBACHU
77.63  NGN
Exchange 500 SHIBACHU for 77.63 NGN
1000 SHIBACHU
155.26  NGN
Exchange 1000 SHIBACHU for 155.26 NGN
5000 SHIBACHU
776.31  NGN
Exchange 5000 SHIBACHU for 776.31 NGN
10000 SHIBACHU
1,552.61  NGN
Exchange 10000 SHIBACHU for 1,552.61 NGN
In the table above, you'll find a comprehensive SHIBACHU to NGN converter that shows the value of Shibachu in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SHIBACHU to NGN, all the way up to 10000 SHIBACHU, providing a clear view of their respective values.
Nigerian Naira
Shibachu
1 NGN
6.44 SHIBACHU
Exchange 1 NGN for 6.44 SHIBACHU
10 NGN
64.41 SHIBACHU
Exchange 10 NGN for 64.41 SHIBACHU
50 NGN
322.04 SHIBACHU
Exchange 50 NGN for 322.04 SHIBACHU
100 NGN
644.08 SHIBACHU
Exchange 100 NGN for 644.08 SHIBACHU
200 NGN
1,288.15 SHIBACHU
Exchange 200 NGN for 1,288.15 SHIBACHU
500 NGN
3,220.38 SHIBACHU
Exchange 500 NGN for 3,220.38 SHIBACHU
1000 NGN
6,440.76 SHIBACHU
Exchange 1000 NGN for 6,440.76 SHIBACHU
2000 NGN
12,881.52 SHIBACHU
Exchange 2000 NGN for 12,881.52 SHIBACHU
5000 NGN
32,203.81 SHIBACHU
Exchange 5000 NGN for 32,203.81 SHIBACHU
10000 NGN
64,407.62 SHIBACHU
Exchange 10000 NGN for 64,407.62 SHIBACHU
50000 NGN
322,038.12 SHIBACHU
Exchange 50000 NGN for 322,038.12 SHIBACHU
100000 NGN
644,076.25 SHIBACHU
Exchange 100000 NGN for 644,076.25 SHIBACHU
In the table above, you'll find a comprehensive NGN to SHIBACHU converter that shows the value of Nigerian Naira in Shibachu across commonly used conversion amounts. The list covers conversions from 1 NGN to SHIBACHU, all the way up to 100000 NGN, providing a clear view of their respective values.

SHIBACHU to NGN chart

SHIBACHU/NGN: 1 SHIBACHU = 0.1553 NGN; 2025/09/12 01:37:35
In the past 1D, Shibachu has changed -0.94% to NGN. Based on the trend and price charts, Shibachu(SHIBACHU) has changed -0.94% to NGN while Nigerian Naira(NGN) has changed % to SHIBACHU in the last 24 hours.
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SHIBACHU to NGN conversion data: Volatility and price changes of Shibachu in NGN

The highest Shibachu price in NGN over the past 7 days was -- NGN while the lowest Shibachu price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Shibachu price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SHIBACHU 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
0.1553 NGN
-- NGN
-- NGN
-- NGN
Low
0.1215 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.94%
--
--
--

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Shibachu information

SHIBACHU to NGN market statistics

SHIBACHU/NGN:
₦0.1553
SHIBACHU 24h volume:
₦25,168,661,533.67
SHIBACHU market cap:
₦93,232.61
SHIBACHU circulating supply:
600.49K SHIBACHU

Current SHIBACHU to NGN exchange rate

Shibachu to Nigerian Naira is falling this week.
Shibachu's current market price is ₦0.1553 per SHIBACHU, with a total market cap of ₦93,232.61 NGN based on a circulating supply of 600,489.06 SHIBACHU. The trading volume of Shibachu has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, SHIBACHU's trading volume was ₦--.

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

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How to convert SHIBACHU to NGN

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SHIBACHU to NGN Conversion tables

The exchange rate of Shibachu is decreasing.
The exchange rate of 1 SHIBACHU to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.94%, reaching a high of 0.1553 NGN and a low of 0.1215 NGN . One month ago, the value of 1 SHIBACHU was ₦-- NGN , which represents a --% change from its current value. Over the last year, Shibachu has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 01:37 am today 24 hours ago 24h change
0.5 SHIBACHU
₦0.07763₦--
-0.94%
1 SHIBACHU
₦0.1553₦--
-0.94%
5 SHIBACHU
₦0.7763₦--
-0.94%
10 SHIBACHU
₦1.55₦--
-0.94%
50 SHIBACHU
₦7.76₦--
-0.94%
100 SHIBACHU
₦15.53₦--
-0.94%
500 SHIBACHU
₦77.63₦--
-0.94%
1000 SHIBACHU
₦155.26₦--
-0.94%

SHIBACHU to NGN FAQ

How much is 1 Shibachu in NGN?
Right now, the price of 1 Shibachu (SHIBACHU) in Nigerian Naira (NGN) is ₦0.1553.
How much SHIBACHU can I buy for 1 NGN?
Based on the current exchange rate, you can get 6.44 SHIBACHU for 1 NGN.
How do I calculate or convert SHIBACHU to NGN?
You can use our SHIBACHU to NGN calculator at the top of this page to convert any amount of SHIBACHU to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 32.2 SHIBACHU, while 5 SHIBACHU will cost around 0.7763NGN.
What is the highest price of SHIBACHU/NGN in history?
The all-time high price of 1 SHIBACHU in NGN is --. It remains to be seen if the value of 1 SHIBACHU/NGN will exceed the current all-time high.
What is the price trend of Shibachu in NGN?
Over the past 7 days, the exchange rate of Shibachu (SHIBACHU) has gone down by --.   Over the last month, the exchange rate of Shibachu (SHIBACHU) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of SHIBACHU to NGN?

There are many factors that affect the relationship between Shibachu 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 SHIBACHU/NGN. When there is positive news in the market about the widespread adoption of SHIBACHU or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHIBACHU/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHIBACHU/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 SHIBACHU/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 Shibachu 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 Shibachu currency pairs: SHIBACHU to US Dollar (USD), SHIBACHU to Euro (EUR), SHIBACHU to Pound Sterling (GBP), SHIBACHU to Canadian Dollar (CAD), SHIBACHU to Indian Rupee (INR), SHIBACHU to Pakistani Rupee (PKR), SHIBACHU to Brazilian Real (BRL), SHIBACHU to…
The price of Shibachu in the US is $0.0001034 USD. Additionally, Shibachu’s price is €0.{4}8820 EUR in the eurozone, £0.{4}7625 GBP in the UK, C$0.0001432 CAD in Canada, ₹0.009136 INR in India, ₨0.02924 PKR in Pakistan, R$0.0005575 BRL in Brazil, and more.
The most popular Shibachu currency pair is the SHIBACHU to Nigerian Naira(NGN). The price of 1 Shibachu (SHIBACHU) in Nigerian Naira (NGN) is ₦0.1553.

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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.