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Ronin to Nigerian Naira (RON to NGN)

RON to NGN Converter and calculator

RON/NGN: 1 RON = 190.96 NGN. The price of converting 1 Ronin (RON) to Nigerian Naira (NGN) is 190.96 NGN today.
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RON
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RON to NGN real-time exchange rates, making it easy to convert Ronin (RON) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 RON is currently valued at 190.96 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RON is currently valued at 190.96 NGN, which means buying 5 RON would cost 954.82 NGN. Similarly, ₦1 NGN can be converted to 0.005237 RON, and ₦50 NGN can be converted to 0.02618 RON, excluding any platform or gas fees.

Convert RON to NGN

Convert NGN to RON

Ronin
Nigerian Naira
1 RON
190.96  NGN
Exchange 1 RON for 190.96 NGN
2 RON
381.93  NGN
Exchange 2 RON for 381.93 NGN
5 RON
954.82  NGN
Exchange 5 RON for 954.82 NGN
10 RON
1,909.63  NGN
Exchange 10 RON for 1,909.63 NGN
20 RON
3,819.27  NGN
Exchange 20 RON for 3,819.27 NGN
50 RON
9,548.17  NGN
Exchange 50 RON for 9,548.17 NGN
100 RON
19,096.34  NGN
Exchange 100 RON for 19,096.34 NGN
200 RON
38,192.69  NGN
Exchange 200 RON for 38,192.69 NGN
500 RON
95,481.72  NGN
Exchange 500 RON for 95,481.72 NGN
1000 RON
190,963.44  NGN
Exchange 1000 RON for 190,963.44 NGN
5000 RON
954,817.22  NGN
Exchange 5000 RON for 954,817.22 NGN
10000 RON
1,909,634.44  NGN
Exchange 10000 RON for 1,909,634.44 NGN
In the table above, you'll find a comprehensive RON to NGN converter that shows the value of Ronin in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 RON to NGN, all the way up to 10000 RON, providing a clear view of their respective values.
Nigerian Naira
Ronin
1 NGN
0.005237 RON
Exchange 1 NGN for 0.005237 RON
10 NGN
0.05237 RON
Exchange 10 NGN for 0.05237 RON
50 NGN
0.2618 RON
Exchange 50 NGN for 0.2618 RON
100 NGN
0.5237 RON
Exchange 100 NGN for 0.5237 RON
200 NGN
1.05 RON
Exchange 200 NGN for 1.05 RON
500 NGN
2.62 RON
Exchange 500 NGN for 2.62 RON
1000 NGN
5.24 RON
Exchange 1000 NGN for 5.24 RON
2000 NGN
10.47 RON
Exchange 2000 NGN for 10.47 RON
5000 NGN
26.18 RON
Exchange 5000 NGN for 26.18 RON
10000 NGN
52.37 RON
Exchange 10000 NGN for 52.37 RON
50000 NGN
261.83 RON
Exchange 50000 NGN for 261.83 RON
100000 NGN
523.66 RON
Exchange 100000 NGN for 523.66 RON
In the table above, you'll find a comprehensive NGN to RON converter that shows the value of Nigerian Naira in Ronin across commonly used conversion amounts. The list covers conversions from 1 NGN to RON, all the way up to 100000 NGN, providing a clear view of their respective values.

RON to NGN chart

RON/NGN: 1 RON = 190.96 NGN; 2025/12/27 11:19:14
In the past 1D, Ronin has changed +2.24% to NGN. Based on the trend and price charts, Ronin(RON) has changed +2.24% to NGN while Nigerian Naira(NGN) has changed % to RON in the last 24 hours.
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RON to NGN conversion data: Volatility and price changes of in NGN

The highest price in NGN over the past 7 days was 213.89 NGN while the lowest price in NGN over the past 7 days was 187.05 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 RON 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
194.16 NGN
213.89 NGN
291.38 NGN
720.18 NGN
Low
187.48 NGN
187.05 NGN
187.05 NGN
187.05 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+2.24%
-7.28%
-20.85%
-70.84%

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

RON to NGN market statistics

RON/NGN:
₦190.96
RON 24h volume:
--
RON market cap:
--
RON circulating supply:
-- RON

Current RON to NGN exchange rate

Ronin to Nigerian Naira is falling this week.
Ronin's current market price is ₦190.96 per RON, with a total market cap of ₦-- NGN based on a circulating supply of -- RON. The trading volume of Ronin has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, RON's trading volume was ₦--.

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

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How to convert RON to NGN

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RON to NGN Conversion tables

The exchange rate of Ronin is decreasing.
The exchange rate of 1 RON to Nigerian Naira has changed by -7.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.24%, reaching a high of 194.16 NGN and a low of 187.48 NGN . One month ago, the value of 1 RON was ₦241.61 NGN , which represents a -20.85% change from its current value. Over the last year, Ronin has changed by
-
2,621.39NGN
, resulting in a change of -93.17% in its value.
24 hours ago1 month ago1 year ago
Amount 11:19 am today 24 hours ago 24h change
0.5 RON
₦95.48₦93.38
+2.24%
1 RON
₦190.96₦186.76
+2.24%
5 RON
₦954.82₦933.78
+2.24%
10 RON
₦1,909.63₦1,867.55
+2.24%
50 RON
₦9,548.17₦9,337.76
+2.24%
100 RON
₦19,096.34₦18,675.53
+2.24%
500 RON
₦95,481.72₦93,377.64
+2.24%
1000 RON
₦190,963.44₦186,755.28
+2.24%

RON to NGN FAQ

How much is 1 Ronin in NGN?
Right now, the price of 1 Ronin (RON) in Nigerian Naira (NGN) is ₦190.96.
How much RON can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.005237 RON for 1 NGN.
How do I calculate or convert RON to NGN?
You can use our RON to NGN calculator at the top of this page to convert any amount of RON to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.02618 RON, while 5 RON will cost around 954.82NGN.
What is the highest price of RON/NGN in history?
The all-time high price of 1 RON in NGN is ₦7,255.45. It remains to be seen if the value of 1 RON/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 Ronin (RON) has gone down by 7.28%.   Over the last month, the exchange rate of Ronin (RON) has gone down by 20.85% against Nigerian Naira (NGN).

What factors influence the conversion rate of RON to NGN?

There are many factors that affect the relationship between Ronin 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 RON/NGN. When there is positive news in the market about the widespread adoption of RON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RON/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RON/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 RON/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 Ronin 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 Ronin currency pairs: RON to US Dollar (USD), RON to Euro (EUR), RON to Pound Sterling (GBP), RON to Canadian Dollar (CAD), RON to Indian Rupee (INR), RON to Pakistani Rupee (PKR), RON to Brazilian Real (BRL), RON to…
The price of Ronin in the US is $0.1316 USD. Additionally, Ronin’s price is €0.1118 EUR in the eurozone, £0.09748 GBP in the UK, C$0.1801 CAD in Canada, ₹11.82 INR in India, ₨36.87 PKR in Pakistan, R$0.7296 BRL in Brazil, and more.
The most popular Ronin currency pair is the RON to Nigerian Naira(NGN). The price of 1 Ronin (RON) in Nigerian Naira (NGN) is ₦190.96.

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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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