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Daimon to Nigerian Naira (DAIMON to NGN)

DAIMON to NGN Converter and calculator

DAIMON/NGN: 1 DAIMON = 0.008835 NGN. The price of converting 1 Daimon (DAIMON) to Nigerian Naira (NGN) is 0.008835 NGN today.
DAIMON
DAIMON
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DAIMON to NGN real-time exchange rates, making it easy to convert Daimon (DAIMON) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 DAIMON is currently valued at 0.008835 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DAIMON is currently valued at 0.008835 NGN, which means buying 5 DAIMON would cost 0.04417 NGN. Similarly, ₦1 NGN can be converted to 113.19 DAIMON, and ₦50 NGN can be converted to 565.96 DAIMON, excluding any platform or gas fees.

Convert DAIMON to NGN

Convert NGN to DAIMON

Daimon
Nigerian Naira
1 DAIMON
0.008835  NGN
Exchange 1 DAIMON for 0.008835 NGN
2 DAIMON
0.01767  NGN
Exchange 2 DAIMON for 0.01767 NGN
5 DAIMON
0.04417  NGN
Exchange 5 DAIMON for 0.04417 NGN
10 DAIMON
0.08835  NGN
Exchange 10 DAIMON for 0.08835 NGN
20 DAIMON
0.1767  NGN
Exchange 20 DAIMON for 0.1767 NGN
50 DAIMON
0.4417  NGN
Exchange 50 DAIMON for 0.4417 NGN
100 DAIMON
0.8835  NGN
Exchange 100 DAIMON for 0.8835 NGN
200 DAIMON
1.77  NGN
Exchange 200 DAIMON for 1.77 NGN
500 DAIMON
4.42  NGN
Exchange 500 DAIMON for 4.42 NGN
1000 DAIMON
8.83  NGN
Exchange 1000 DAIMON for 8.83 NGN
5000 DAIMON
44.17  NGN
Exchange 5000 DAIMON for 44.17 NGN
10000 DAIMON
88.35  NGN
Exchange 10000 DAIMON for 88.35 NGN
In the table above, you'll find a comprehensive DAIMON to NGN converter that shows the value of Daimon in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 DAIMON to NGN, all the way up to 10000 DAIMON, providing a clear view of their respective values.
Nigerian Naira
Daimon
1 NGN
113.19 DAIMON
Exchange 1 NGN for 113.19 DAIMON
10 NGN
1,131.92 DAIMON
Exchange 10 NGN for 1,131.92 DAIMON
50 NGN
5,659.59 DAIMON
Exchange 50 NGN for 5,659.59 DAIMON
100 NGN
11,319.18 DAIMON
Exchange 100 NGN for 11,319.18 DAIMON
200 NGN
22,638.37 DAIMON
Exchange 200 NGN for 22,638.37 DAIMON
500 NGN
56,595.91 DAIMON
Exchange 500 NGN for 56,595.91 DAIMON
1000 NGN
113,191.83 DAIMON
Exchange 1000 NGN for 113,191.83 DAIMON
2000 NGN
226,383.66 DAIMON
Exchange 2000 NGN for 226,383.66 DAIMON
5000 NGN
565,959.14 DAIMON
Exchange 5000 NGN for 565,959.14 DAIMON
10000 NGN
1,131,918.28 DAIMON
Exchange 10000 NGN for 1,131,918.28 DAIMON
50000 NGN
5,659,591.42 DAIMON
Exchange 50000 NGN for 5,659,591.42 DAIMON
100000 NGN
11,319,182.84 DAIMON
Exchange 100000 NGN for 11,319,182.84 DAIMON
In the table above, you'll find a comprehensive NGN to DAIMON converter that shows the value of Nigerian Naira in Daimon across commonly used conversion amounts. The list covers conversions from 1 NGN to DAIMON, all the way up to 100000 NGN, providing a clear view of their respective values.

DAIMON to NGN chart

DAIMON/NGN: 1 DAIMON = 0.008835 NGN; 2026/02/20 00:56:48
In the past 1D, Daimon has changed +30.98% to NGN. Based on the trend and price charts, Daimon(DAIMON) has changed +30.98% to NGN while Nigerian Naira(NGN) has changed % to DAIMON in the last 24 hours.
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DAIMON to NGN conversion data: Volatility and price changes of in NGN

The highest price in NGN over the past 7 days was -- NGN while the lowest price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and DAIMON 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
0.01159 NGN
-- NGN
-- NGN
-- NGN
Low
0.0002763 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+30.98%
--
--
--

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Bitget P2P trading does not currently support direct buying of DAIMON with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy DAIMON with USDT via Bitget spot market.
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Daimon information

DAIMON to NGN market statistics

DAIMON/NGN:
₦0.008835
DAIMON 24h volume:
₦3,819,803,289.59
DAIMON market cap:
₦883,456,017.45
DAIMON circulating supply:
100.00B DAIMON

Current DAIMON to NGN exchange rate

Daimon to Nigerian Naira is falling this week.
Daimon's current market price is ₦0.008835 per DAIMON, with a total market cap of ₦883,456,017.45 NGN based on a circulating supply of 100,000,000,000 DAIMON. The trading volume of Daimon has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, DAIMON's trading volume was ₦--.

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

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DAIMON to NGN Conversion tables

The exchange rate of Daimon is decreasing.
The exchange rate of 1 DAIMON to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +30.98%, reaching a high of 0.01159 NGN and a low of 0.0002763 NGN . One month ago, the value of 1 DAIMON was ₦-- NGN , which represents a --% change from its current value. Over the last year, Daimon has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 00:56 am today 24 hours ago 24h change
0.5 DAIMON
₦0.004417₦--
+30.98%
1 DAIMON
₦0.008835₦--
+30.98%
5 DAIMON
₦0.04417₦--
+30.98%
10 DAIMON
₦0.08835₦--
+30.98%
50 DAIMON
₦0.4417₦--
+30.98%
100 DAIMON
₦0.8835₦--
+30.98%
500 DAIMON
₦4.42₦--
+30.98%
1000 DAIMON
₦8.83₦--
+30.98%

DAIMON to NGN FAQ

How much is 1 Daimon in NGN?
Right now, the price of 1 Daimon (DAIMON) in Nigerian Naira (NGN) is ₦0.008835.
How much DAIMON can I buy for 1 NGN?
Based on the current exchange rate, you can get 113.19 DAIMON for 1 NGN.
How do I calculate or convert DAIMON to NGN?
You can use our DAIMON to NGN calculator at the top of this page to convert any amount of DAIMON to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 565.96 DAIMON, while 5 DAIMON will cost around 0.04417NGN.
What is the highest price of DAIMON/NGN in history?
The all-time high price of 1 DAIMON in NGN is --. It remains to be seen if the value of 1 DAIMON/NGN will exceed the current all-time high.
What is the price trend of in NGN?
Over the past 7 days, the exchange rate of Daimon (DAIMON) has gone down by --.   Over the last month, the exchange rate of Daimon (DAIMON) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of DAIMON to NGN?

There are many factors that affect the relationship between Daimon 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 DAIMON/NGN. When there is positive news in the market about the widespread adoption of DAIMON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DAIMON/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DAIMON/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 DAIMON/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 Daimon 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 Daimon currency pairs: DAIMON to US Dollar (USD), DAIMON to Euro (EUR), DAIMON to Pound Sterling (GBP), DAIMON to Canadian Dollar (CAD), DAIMON to Indian Rupee (INR), DAIMON to Pakistani Rupee (PKR), DAIMON to Brazilian Real (BRL), DAIMON to…
The price of Daimon in the US is $0.₹0.00059896578 USD. Additionally, Daimon’s price is €0.{5}5586 EUR in the eurozone, £0.{5}4884 GBP in the UK, C$0.{5}9001 CAD in Canada, {5} INR in India, ₨0.001840 PKR in Pakistan, R$0.{4}3428 BRL in Brazil, and more.
The most popular Daimon currency pair is the DAIMON to Nigerian Naira(NGN). The price of 1 Daimon (DAIMON) in Nigerian Naira (NGN) is ₦0.008835.

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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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