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Immunefi to Nigerian Naira (IMU to NGN)

IMU to NGN Converter and calculator

IMU/NGN: 1 IMU = 9.81 NGN. The price of converting 1 Immunefi (IMU) to Nigerian Naira (NGN) is 9.81 NGN today.
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IMU
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides IMU to NGN real-time exchange rates, making it easy to convert Immunefi (IMU) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 IMU is currently valued at 9.81 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IMU is currently valued at 9.81 NGN, which means buying 5 IMU would cost 49.03 NGN. Similarly, ₦1 NGN can be converted to 0.1020 IMU, and ₦50 NGN can be converted to 0.5099 IMU, excluding any platform or gas fees.

Convert IMU to NGN

Convert NGN to IMU

Immunefi
Nigerian Naira
1 IMU
9.81  NGN
Exchange 1 IMU for 9.81 NGN
2 IMU
19.61  NGN
Exchange 2 IMU for 19.61 NGN
5 IMU
49.03  NGN
Exchange 5 IMU for 49.03 NGN
10 IMU
98.06  NGN
Exchange 10 IMU for 98.06 NGN
20 IMU
196.12  NGN
Exchange 20 IMU for 196.12 NGN
50 IMU
490.3  NGN
Exchange 50 IMU for 490.3 NGN
100 IMU
980.6  NGN
Exchange 100 IMU for 980.6 NGN
200 IMU
1,961.21  NGN
Exchange 200 IMU for 1,961.21 NGN
500 IMU
4,903.02  NGN
Exchange 500 IMU for 4,903.02 NGN
1000 IMU
9,806.05  NGN
Exchange 1000 IMU for 9,806.05 NGN
5000 IMU
49,030.25  NGN
Exchange 5000 IMU for 49,030.25 NGN
10000 IMU
98,060.5  NGN
Exchange 10000 IMU for 98,060.5 NGN
In the table above, you'll find a comprehensive IMU to NGN converter that shows the value of Immunefi in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 IMU to NGN, all the way up to 10000 IMU, providing a clear view of their respective values.
Nigerian Naira
Immunefi
1 NGN
0.1020 IMU
Exchange 1 NGN for 0.1020 IMU
10 NGN
1.02 IMU
Exchange 10 NGN for 1.02 IMU
50 NGN
5.1 IMU
Exchange 50 NGN for 5.1 IMU
100 NGN
10.2 IMU
Exchange 100 NGN for 10.2 IMU
200 NGN
20.4 IMU
Exchange 200 NGN for 20.4 IMU
500 NGN
50.99 IMU
Exchange 500 NGN for 50.99 IMU
1000 NGN
101.98 IMU
Exchange 1000 NGN for 101.98 IMU
2000 NGN
203.96 IMU
Exchange 2000 NGN for 203.96 IMU
5000 NGN
509.89 IMU
Exchange 5000 NGN for 509.89 IMU
10000 NGN
1,019.78 IMU
Exchange 10000 NGN for 1,019.78 IMU
50000 NGN
5,098.89 IMU
Exchange 50000 NGN for 5,098.89 IMU
100000 NGN
10,197.79 IMU
Exchange 100000 NGN for 10,197.79 IMU
In the table above, you'll find a comprehensive NGN to IMU converter that shows the value of Nigerian Naira in Immunefi across commonly used conversion amounts. The list covers conversions from 1 NGN to IMU, all the way up to 100000 NGN, providing a clear view of their respective values.

IMU to NGN chart

IMU/NGN: 1 IMU = 9.81 NGN; 2026/01/28 14:58:54
In the past 1D, Immunefi has changed -0.19% to NGN. Based on the trend and price charts, Immunefi(IMU) has changed -0.19% to NGN while Nigerian Naira(NGN) has changed % to IMU in the last 24 hours.
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IMU to NGN conversion data: Volatility and price changes of Immunefi in NGN

The highest Immunefi price in NGN over the past 7 days was 17.8 NGN while the lowest Immunefi price in NGN over the past 7 days was 8.09 NGN. The relative change between the highs and lows in Immunefi price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and IMU 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
11.04 NGN
17.8 NGN
17.8 NGN
17.8 NGN
Low
9.68 NGN
8.09 NGN
8.09 NGN
8.09 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.19%
+4.06%
+11.14%
-1.04%

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Immunefi information

IMU to NGN market statistics

IMU/NGN:
₦9.81
IMU 24h volume:
₦22,350,302,095.01
IMU market cap:
₦8,221,356,377.25
IMU circulating supply:
838.40M IMU

Current IMU to NGN exchange rate

Immunefi to Nigerian Naira is rising this week.
Immunefi's current market price is ₦9.81 per IMU, with a total market cap of ₦8,221,356,377.25 NGN based on a circulating supply of 838,396,350 IMU. The trading volume of Immunefi has changed by -55.38% (₦-27,734,632,952.34 NGN) in the last 24 hours. Last trading day, IMU's trading volume was ₦50,084,935,047.36.

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

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How to convert IMU to NGN

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IMU to NGN Conversion tables

The exchange rate of Immunefi is increasing.
The exchange rate of 1 IMU to Nigerian Naira has changed by +4.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.19%, reaching a high of 11.04 NGN and a low of 9.68 NGN . One month ago, the value of 1 IMU was ₦-0.01 NGN , which represents a +11.14% change from its current value. Over the last year, Immunefi has changed by
+
9.82NGN
, resulting in a change of -28.12% in its value.
24 hours ago1 month ago1 year ago
Amount 14:58 today 24 hours ago 24h change
0.5 IMU
₦4.9₦4.91
-0.19%
1 IMU
₦9.81₦9.82
-0.19%
5 IMU
₦49.03₦49.12
-0.19%
10 IMU
₦98.06₦98.24
-0.19%
50 IMU
₦490.3₦491.21
-0.19%
100 IMU
₦980.6₦982.43
-0.19%
500 IMU
₦4,903.02₦4,912.15
-0.19%
1000 IMU
₦9,806.05₦9,824.3
-0.19%

IMU to NGN FAQ

How much is 1 Immunefi in NGN?
Right now, the price of 1 Immunefi (IMU) in Nigerian Naira (NGN) is ₦9.81.
How much IMU can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.1020 IMU for 1 NGN.
How do I calculate or convert IMU to NGN?
You can use our IMU to NGN calculator at the top of this page to convert any amount of IMU to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.5099 IMU, while 5 IMU will cost around 49.03NGN.
What is the highest price of IMU/NGN in history?
The all-time high price of 1 IMU in NGN is ₦17.8. It remains to be seen if the value of 1 IMU/NGN will exceed the current all-time high.
What is the price trend of Immunefi in NGN?
Over the past 7 days, the exchange rate of Immunefi (IMU) has gone up by 4.06%.   Over the last month, the exchange rate of Immunefi (IMU) has gone up by 11.14% against Nigerian Naira (NGN).

What factors influence the conversion rate of IMU to NGN?

There are many factors that affect the relationship between Immunefi 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 IMU/NGN. When there is positive news in the market about the widespread adoption of IMU or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IMU/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IMU/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 IMU/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 Immunefi 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 Immunefi currency pairs: IMU to US Dollar (USD), IMU to Euro (EUR), IMU to Pound Sterling (GBP), IMU to Canadian Dollar (CAD), IMU to Indian Rupee (INR), IMU to Pakistani Rupee (PKR), IMU to Brazilian Real (BRL), IMU to…
The price of Immunefi in the US is $0.007028 USD. Additionally, Immunefi’s price is €0.005874 EUR in the eurozone, £0.005100 GBP in the UK, C$0.009523 CAD in Canada, ₹0.6464 INR in India, ₨1.97 PKR in Pakistan, R$0.03645 BRL in Brazil, and more.
The most popular Immunefi currency pair is the IMU to Nigerian Naira(NGN). The price of 1 Immunefi (IMU) in Nigerian Naira (NGN) is ₦9.81.

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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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