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OTOME to Nigerian Naira (OTOME to NGN)

OTOME to NGN Converter and calculator

OTOME/NGN: 1 OTOME = 0.2487 NGN. The price of converting 1 OTOME (OTOME) to Nigerian Naira (NGN) is 0.2487 NGN today.
OTOME
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OTOME to NGN real-time exchange rates, making it easy to convert OTOME (OTOME) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 OTOME is currently valued at 0.2487 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OTOME is currently valued at 0.2487 NGN, which means buying 5 OTOME would cost 1.24 NGN. Similarly, ₦1 NGN can be converted to 4.02 OTOME, and ₦50 NGN can be converted to 20.1 OTOME, excluding any platform or gas fees.

Convert OTOME to NGN

Convert NGN to OTOME

OTOME
Nigerian Naira
1 OTOME
0.2487  NGN
Exchange 1 OTOME for 0.2487 NGN
2 OTOME
0.4974  NGN
Exchange 2 OTOME for 0.4974 NGN
5 OTOME
1.24  NGN
Exchange 5 OTOME for 1.24 NGN
10 OTOME
2.49  NGN
Exchange 10 OTOME for 2.49 NGN
20 OTOME
4.97  NGN
Exchange 20 OTOME for 4.97 NGN
50 OTOME
12.44  NGN
Exchange 50 OTOME for 12.44 NGN
100 OTOME
24.87  NGN
Exchange 100 OTOME for 24.87 NGN
200 OTOME
49.74  NGN
Exchange 200 OTOME for 49.74 NGN
500 OTOME
124.36  NGN
Exchange 500 OTOME for 124.36 NGN
1000 OTOME
248.71  NGN
Exchange 1000 OTOME for 248.71 NGN
5000 OTOME
1,243.57  NGN
Exchange 5000 OTOME for 1,243.57 NGN
10000 OTOME
2,487.14  NGN
Exchange 10000 OTOME for 2,487.14 NGN
In the table above, you'll find a comprehensive OTOME to NGN converter that shows the value of OTOME in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 OTOME to NGN, all the way up to 10000 OTOME, providing a clear view of their respective values.
Nigerian Naira
OTOME
1 NGN
4.02 OTOME
Exchange 1 NGN for 4.02 OTOME
10 NGN
40.21 OTOME
Exchange 10 NGN for 40.21 OTOME
50 NGN
201.03 OTOME
Exchange 50 NGN for 201.03 OTOME
100 NGN
402.07 OTOME
Exchange 100 NGN for 402.07 OTOME
200 NGN
804.14 OTOME
Exchange 200 NGN for 804.14 OTOME
500 NGN
2,010.34 OTOME
Exchange 500 NGN for 2,010.34 OTOME
1000 NGN
4,020.69 OTOME
Exchange 1000 NGN for 4,020.69 OTOME
2000 NGN
8,041.38 OTOME
Exchange 2000 NGN for 8,041.38 OTOME
5000 NGN
20,103.44 OTOME
Exchange 5000 NGN for 20,103.44 OTOME
10000 NGN
40,206.88 OTOME
Exchange 10000 NGN for 40,206.88 OTOME
50000 NGN
201,034.39 OTOME
Exchange 50000 NGN for 201,034.39 OTOME
100000 NGN
402,068.78 OTOME
Exchange 100000 NGN for 402,068.78 OTOME
In the table above, you'll find a comprehensive NGN to OTOME converter that shows the value of Nigerian Naira in OTOME across commonly used conversion amounts. The list covers conversions from 1 NGN to OTOME, all the way up to 100000 NGN, providing a clear view of their respective values.

OTOME to NGN chart

OTOME/NGN: 1 OTOME = 0.2487 NGN; 2026/02/17 03:18:46
In the past 1D, OTOME has changed +435.88% to NGN. Based on the trend and price charts, OTOME(OTOME) has changed +435.88% to NGN while Nigerian Naira(NGN) has changed % to OTOME in the last 24 hours.
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OTOME to NGN conversion data: Volatility and price changes of OTOME in NGN

The highest OTOME price in NGN over the past 7 days was -- NGN while the lowest OTOME price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in OTOME price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and OTOME 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
0.3156 NGN
-- NGN
-- NGN
-- NGN
Low
0.0005693 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+435.88%
--
--
--

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

OTOME to NGN market statistics

OTOME/NGN:
₦0.2487
OTOME 24h volume:
₦5,613,391,915.48
OTOME market cap:
₦2,487,136,664.63
OTOME circulating supply:
10.00B OTOME

Current OTOME to NGN exchange rate

OTOME to Nigerian Naira is falling this week.
OTOME's current market price is ₦0.2487 per OTOME, with a total market cap of ₦2,487,136,664.63 NGN based on a circulating supply of 10,000,000,000 OTOME. The trading volume of OTOME has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, OTOME's trading volume was ₦--.

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

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How to convert OTOME to NGN

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OTOME to NGN Conversion tables

The exchange rate of OTOME is decreasing.
The exchange rate of 1 OTOME to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +435.88%, reaching a high of 0.3156 NGN and a low of 0.0005693 NGN . One month ago, the value of 1 OTOME was ₦-- NGN , which represents a --% change from its current value. Over the last year, OTOME has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 03:18 am today 24 hours ago 24h change
0.5 OTOME
₦0.1244₦--
+435.88%
1 OTOME
₦0.2487₦--
+435.88%
5 OTOME
₦1.24₦--
+435.88%
10 OTOME
₦2.49₦--
+435.88%
50 OTOME
₦12.44₦--
+435.88%
100 OTOME
₦24.87₦--
+435.88%
500 OTOME
₦124.36₦--
+435.88%
1000 OTOME
₦248.71₦--
+435.88%

OTOME to NGN FAQ

How much is 1 OTOME in NGN?
Right now, the price of 1 OTOME (OTOME) in Nigerian Naira (NGN) is ₦0.2487.
How much OTOME can I buy for 1 NGN?
Based on the current exchange rate, you can get 4.02 OTOME for 1 NGN.
How do I calculate or convert OTOME to NGN?
You can use our OTOME to NGN calculator at the top of this page to convert any amount of OTOME to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 20.1 OTOME, while 5 OTOME will cost around 1.24NGN.
What is the highest price of OTOME/NGN in history?
The all-time high price of 1 OTOME in NGN is --. It remains to be seen if the value of 1 OTOME/NGN will exceed the current all-time high.
What is the price trend of OTOME in NGN?
Over the past 7 days, the exchange rate of OTOME (OTOME) has gone down by --.   Over the last month, the exchange rate of OTOME (OTOME) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of OTOME to NGN?

There are many factors that affect the relationship between OTOME 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 OTOME/NGN. When there is positive news in the market about the widespread adoption of OTOME or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OTOME/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OTOME/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 OTOME/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 OTOME 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 OTOME currency pairs: OTOME to US Dollar (USD), OTOME to Euro (EUR), OTOME to Pound Sterling (GBP), OTOME to Canadian Dollar (CAD), OTOME to Indian Rupee (INR), OTOME to Pakistani Rupee (PKR), OTOME to Brazilian Real (BRL), OTOME to…
The price of OTOME in the US is $0.0001837 USD. Additionally, OTOME’s price is €0.0001551 EUR in the eurozone, £0.0001349 GBP in the UK, C$0.0002506 CAD in Canada, ₹0.01667 INR in India, ₨0.05143 PKR in Pakistan, R$0.0009628 BRL in Brazil, and more.
The most popular OTOME currency pair is the OTOME to Nigerian Naira(NGN). The price of 1 OTOME (OTOME) in Nigerian Naira (NGN) is ₦0.2487.

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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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