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Buddy The Elf to Nigerian Naira (ELF to NGN)

ELF to NGN Converter and calculator

ELF/NGN: 1 ELF = 0.01211 NGN. The price of converting 1 Buddy The Elf (ELF) to Nigerian Naira (NGN) is 0.01211 NGN today.
ELF
ELF
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELF to NGN real-time exchange rates, making it easy to convert Buddy The Elf (ELF) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 ELF is currently valued at 0.01211 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELF is currently valued at 0.01211 NGN, which means buying 5 ELF would cost 0.06056 NGN. Similarly, ₦1 NGN can be converted to 82.57 ELF, and ₦50 NGN can be converted to 412.84 ELF, excluding any platform or gas fees.

Convert ELF to NGN

Convert NGN to ELF

Buddy The Elf
Nigerian Naira
1 ELF
0.01211  NGN
Exchange 1 ELF for 0.01211 NGN
2 ELF
0.02422  NGN
Exchange 2 ELF for 0.02422 NGN
5 ELF
0.06056  NGN
Exchange 5 ELF for 0.06056 NGN
10 ELF
0.1211  NGN
Exchange 10 ELF for 0.1211 NGN
20 ELF
0.2422  NGN
Exchange 20 ELF for 0.2422 NGN
50 ELF
0.6056  NGN
Exchange 50 ELF for 0.6056 NGN
100 ELF
1.21  NGN
Exchange 100 ELF for 1.21 NGN
200 ELF
2.42  NGN
Exchange 200 ELF for 2.42 NGN
500 ELF
6.06  NGN
Exchange 500 ELF for 6.06 NGN
1000 ELF
12.11  NGN
Exchange 1000 ELF for 12.11 NGN
5000 ELF
60.56  NGN
Exchange 5000 ELF for 60.56 NGN
10000 ELF
121.11  NGN
Exchange 10000 ELF for 121.11 NGN
In the table above, you'll find a comprehensive ELF to NGN converter that shows the value of Buddy The Elf in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 ELF to NGN, all the way up to 10000 ELF, providing a clear view of their respective values.
Nigerian Naira
Buddy The Elf
1 NGN
82.57 ELF
Exchange 1 NGN for 82.57 ELF
10 NGN
825.68 ELF
Exchange 10 NGN for 825.68 ELF
50 NGN
4,128.4 ELF
Exchange 50 NGN for 4,128.4 ELF
100 NGN
8,256.79 ELF
Exchange 100 NGN for 8,256.79 ELF
200 NGN
16,513.58 ELF
Exchange 200 NGN for 16,513.58 ELF
500 NGN
41,283.95 ELF
Exchange 500 NGN for 41,283.95 ELF
1000 NGN
82,567.91 ELF
Exchange 1000 NGN for 82,567.91 ELF
2000 NGN
165,135.82 ELF
Exchange 2000 NGN for 165,135.82 ELF
5000 NGN
412,839.54 ELF
Exchange 5000 NGN for 412,839.54 ELF
10000 NGN
825,679.09 ELF
Exchange 10000 NGN for 825,679.09 ELF
50000 NGN
4,128,395.43 ELF
Exchange 50000 NGN for 4,128,395.43 ELF
100000 NGN
8,256,790.85 ELF
Exchange 100000 NGN for 8,256,790.85 ELF
In the table above, you'll find a comprehensive NGN to ELF converter that shows the value of Nigerian Naira in Buddy The Elf across commonly used conversion amounts. The list covers conversions from 1 NGN to ELF, all the way up to 100000 NGN, providing a clear view of their respective values.

ELF to NGN chart

ELF/NGN: 1 ELF = 0.01211 NGN; 2026/01/08 12:02:50
In the past 1D, Buddy The Elf has changed +0.00% to NGN. Based on the trend and price charts, Buddy The Elf(ELF) has changed +0.00% to NGN while Nigerian Naira(NGN) has changed % to ELF in the last 24 hours.
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ELF to NGN conversion data: Volatility and price changes of Buddy The Elf in NGN

The highest Buddy The Elf price in NGN over the past 7 days was 0.01211 NGN while the lowest Buddy The Elf price in NGN over the past 7 days was 0.01080 NGN. The relative change between the highs and lows in Buddy The Elf price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ELF 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
0.01211 NGN
0.01211 NGN
0.03533 NGN
0.1583 NGN
Low
0.01168 NGN
0.01080 NGN
0.01019 NGN
0.01019 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.00%
+12.10%
-63.73%
-86.96%

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

ELF to NGN market statistics

ELF/NGN:
₦0.01211
ELF 24h volume:
--
ELF market cap:
--
ELF circulating supply:
0 ELF

Current ELF to NGN exchange rate

Buddy The Elf to Nigerian Naira is rising this week.
Buddy The Elf's current market price is ₦0.01211 per ELF, with a total market cap of ₦0 NGN based on a circulating supply of -- ELF. The trading volume of Buddy The Elf has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, ELF's trading volume was ₦0.

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

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How to convert ELF to NGN

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ELF to NGN Conversion tables

The exchange rate of Buddy The Elf is decreasing.
The exchange rate of 1 ELF to Nigerian Naira has changed by +12.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.01211 NGN and a low of 0.01168 NGN . One month ago, the value of 1 ELF was ₦0.03339 NGN , which represents a -63.73% change from its current value. Over the last year, Buddy The Elf has changed by
-
0.004355NGN
, resulting in a change of -26.45% in its value.
24 hours ago1 month ago1 year ago
Amount 12:02 today 24 hours ago 24h change
0.5 ELF
₦0.006056₦0.006056
+0.00%
1 ELF
₦0.01211₦0.01211
+0.00%
5 ELF
₦0.06056₦0.06056
+0.00%
10 ELF
₦0.1211₦0.1211
+0.00%
50 ELF
₦0.6056₦0.6056
+0.00%
100 ELF
₦1.21₦1.21
+0.00%
500 ELF
₦6.06₦6.06
+0.00%
1000 ELF
₦12.11₦12.11
+0.00%

ELF to NGN FAQ

How much is 1 Buddy The Elf in NGN?
Right now, the price of 1 Buddy The Elf (ELF) in Nigerian Naira (NGN) is ₦0.01211.
How much ELF can I buy for 1 NGN?
Based on the current exchange rate, you can get 82.57 ELF for 1 NGN.
How do I calculate or convert ELF to NGN?
You can use our ELF to NGN calculator at the top of this page to convert any amount of ELF to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 412.84 ELF, while 5 ELF will cost around 0.06056NGN.
What is the highest price of ELF/NGN in history?
The all-time high price of 1 ELF in NGN is ₦4.04. It remains to be seen if the value of 1 ELF/NGN will exceed the current all-time high.
What is the price trend of Buddy The Elf in NGN?
Over the past 7 days, the exchange rate of Buddy The Elf (ELF) has gone up by 12.10%.   Over the last month, the exchange rate of Buddy The Elf (ELF) has gone down by 63.73% against Nigerian Naira (NGN).

What factors influence the conversion rate of ELF to NGN?

There are many factors that affect the relationship between Buddy The Elf 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 ELF/NGN. When there is positive news in the market about the widespread adoption of ELF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELF/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELF/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 ELF/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 Buddy The Elf 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 Buddy The Elf currency pairs: ELF to US Dollar (USD), ELF to Euro (EUR), ELF to Pound Sterling (GBP), ELF to Canadian Dollar (CAD), ELF to Indian Rupee (INR), ELF to Pakistani Rupee (PKR), ELF to Brazilian Real (BRL), ELF to…
The price of Buddy The Elf in the US is $0.₹0.00076368492 USD. Additionally, Buddy The Elf’s price is €0.{5}7270 EUR in the eurozone, £0.{5}6315 GBP in the UK, C$0.{4}1178 CAD in Canada, {5} INR in India, ₨0.002378 PKR in Pakistan, R$0.{4}4584 BRL in Brazil, and more.
The most popular Buddy The Elf currency pair is the ELF to Nigerian Naira(NGN). The price of 1 Buddy The Elf (ELF) in Nigerian Naira (NGN) is ₦0.01211.

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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.
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