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Melon Dog to Nigerian Naira (MELON to NGN)

MELON to NGN Converter and calculator

MELON/NGN: 1 MELON = 0.1718 NGN. The price of converting 1 Melon Dog (MELON) to Nigerian Naira (NGN) is 0.1718 NGN today.
MELON
MELON
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MELON to NGN real-time exchange rates, making it easy to convert Melon Dog (MELON) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MELON is currently valued at 0.1718 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MELON is currently valued at 0.1718 NGN, which means buying 5 MELON would cost 0.8592 NGN. Similarly, ₦1 NGN can be converted to 5.82 MELON, and ₦50 NGN can be converted to 29.1 MELON, excluding any platform or gas fees.

Convert MELON to NGN

Convert NGN to MELON

Melon Dog
Nigerian Naira
1 MELON
0.1718  NGN
Exchange 1 MELON for 0.1718 NGN
2 MELON
0.3437  NGN
Exchange 2 MELON for 0.3437 NGN
5 MELON
0.8592  NGN
Exchange 5 MELON for 0.8592 NGN
10 MELON
1.72  NGN
Exchange 10 MELON for 1.72 NGN
20 MELON
3.44  NGN
Exchange 20 MELON for 3.44 NGN
50 MELON
8.59  NGN
Exchange 50 MELON for 8.59 NGN
100 MELON
17.18  NGN
Exchange 100 MELON for 17.18 NGN
200 MELON
34.37  NGN
Exchange 200 MELON for 34.37 NGN
500 MELON
85.92  NGN
Exchange 500 MELON for 85.92 NGN
1000 MELON
171.83  NGN
Exchange 1000 MELON for 171.83 NGN
5000 MELON
859.15  NGN
Exchange 5000 MELON for 859.15 NGN
10000 MELON
1,718.31  NGN
Exchange 10000 MELON for 1,718.31 NGN
In the table above, you'll find a comprehensive MELON to NGN converter that shows the value of Melon Dog in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MELON to NGN, all the way up to 10000 MELON, providing a clear view of their respective values.
Nigerian Naira
Melon Dog
1 NGN
5.82 MELON
Exchange 1 NGN for 5.82 MELON
10 NGN
58.2 MELON
Exchange 10 NGN for 58.2 MELON
50 NGN
290.98 MELON
Exchange 50 NGN for 290.98 MELON
100 NGN
581.97 MELON
Exchange 100 NGN for 581.97 MELON
200 NGN
1,163.94 MELON
Exchange 200 NGN for 1,163.94 MELON
500 NGN
2,909.84 MELON
Exchange 500 NGN for 2,909.84 MELON
1000 NGN
5,819.68 MELON
Exchange 1000 NGN for 5,819.68 MELON
2000 NGN
11,639.36 MELON
Exchange 2000 NGN for 11,639.36 MELON
5000 NGN
29,098.39 MELON
Exchange 5000 NGN for 29,098.39 MELON
10000 NGN
58,196.78 MELON
Exchange 10000 NGN for 58,196.78 MELON
50000 NGN
290,983.92 MELON
Exchange 50000 NGN for 290,983.92 MELON
100000 NGN
581,967.83 MELON
Exchange 100000 NGN for 581,967.83 MELON
In the table above, you'll find a comprehensive NGN to MELON converter that shows the value of Nigerian Naira in Melon Dog across commonly used conversion amounts. The list covers conversions from 1 NGN to MELON, all the way up to 100000 NGN, providing a clear view of their respective values.

MELON to NGN chart

MELON/NGN: 1 MELON = 0.1718 NGN; 2026/02/10 15:45:14
In the past 1D, Melon Dog has changed +1.25% to NGN. Based on the trend and price charts, Melon Dog(MELON) has changed +1.25% to NGN while Nigerian Naira(NGN) has changed % to MELON in the last 24 hours.
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MELON to NGN conversion data: Volatility and price changes of Melon Dog in NGN

The highest Melon Dog price in NGN over the past 7 days was 0.4228 NGN while the lowest Melon Dog price in NGN over the past 7 days was 0.1512 NGN. The relative change between the highs and lows in Melon Dog price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MELON 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
0.1787 NGN
0.4228 NGN
0.4228 NGN
0.4228 NGN
Low
0.1697 NGN
0.1512 NGN
0.1512 NGN
0.1512 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.25%
-11.91%
-31.21%
-34.66%

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

MELON to NGN market statistics

MELON/NGN:
₦0.1718
MELON 24h volume:
--
MELON market cap:
--
MELON circulating supply:
0 MELON

Current MELON to NGN exchange rate

Melon Dog to Nigerian Naira is falling this week.
Melon Dog's current market price is ₦0.1718 per MELON, with a total market cap of ₦0 NGN based on a circulating supply of -- MELON. The trading volume of Melon Dog has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, MELON's trading volume was ₦0.

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

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How to convert MELON to NGN

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MELON to NGN Conversion tables

The exchange rate of Melon Dog is decreasing.
The exchange rate of 1 MELON to Nigerian Naira has changed by -11.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.25%, reaching a high of 0.1787 NGN and a low of 0.1697 NGN . One month ago, the value of 1 MELON was ₦0.2498 NGN , which represents a -31.21% change from its current value. Over the last year, Melon Dog has changed by
-
1.51NGN
, resulting in a change of -89.81% in its value.
24 hours ago1 month ago1 year ago
Amount 15:45 today 24 hours ago 24h change
0.5 MELON
₦0.08592₦0.08486
+1.25%
1 MELON
₦0.1718₦0.1697
+1.25%
5 MELON
₦0.8592₦0.8486
+1.25%
10 MELON
₦1.72₦1.7
+1.25%
50 MELON
₦8.59₦8.49
+1.25%
100 MELON
₦17.18₦16.97
+1.25%
500 MELON
₦85.92₦84.86
+1.25%
1000 MELON
₦171.83₦169.72
+1.25%

MELON to NGN FAQ

How much is 1 Melon Dog in NGN?
Right now, the price of 1 Melon Dog (MELON) in Nigerian Naira (NGN) is ₦0.1718.
How much MELON can I buy for 1 NGN?
Based on the current exchange rate, you can get 5.82 MELON for 1 NGN.
How do I calculate or convert MELON to NGN?
You can use our MELON to NGN calculator at the top of this page to convert any amount of MELON to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 29.1 MELON, while 5 MELON will cost around 0.8592NGN.
What is the highest price of MELON/NGN in history?
The all-time high price of 1 MELON in NGN is ₦594.52. It remains to be seen if the value of 1 MELON/NGN will exceed the current all-time high.
What is the price trend of Melon Dog in NGN?
Over the past 7 days, the exchange rate of Melon Dog (MELON) has gone down by 11.91%.   Over the last month, the exchange rate of Melon Dog (MELON) has gone down by 31.21% against Nigerian Naira (NGN).

What factors influence the conversion rate of MELON to NGN?

There are many factors that affect the relationship between Melon Dog 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 MELON/NGN. When there is positive news in the market about the widespread adoption of MELON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MELON/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MELON/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 MELON/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 Melon Dog 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 Melon Dog currency pairs: MELON to US Dollar (USD), MELON to Euro (EUR), MELON to Pound Sterling (GBP), MELON to Canadian Dollar (CAD), MELON to Indian Rupee (INR), MELON to Pakistani Rupee (PKR), MELON to Brazilian Real (BRL), MELON to…
The price of Melon Dog in the US is $0.0001264 USD. Additionally, Melon Dog’s price is €0.0001060 EUR in the eurozone, £0.C$0.00017129234 GBP in the UK, {4} CAD in Canada, ₹0.01144 INR in India, ₨0.03534 PKR in Pakistan, R$0.0006556 BRL in Brazil, and more.
The most popular Melon Dog currency pair is the MELON to Nigerian Naira(NGN). The price of 1 Melon Dog (MELON) in Nigerian Naira (NGN) is ₦0.1718.

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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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