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CHANEL to NGN Converter and calculator

CHANEL/NGN: 1 CHANEL = 24,354.37 NGN. The price of converting 1 Chanel (CHANEL) to Nigerian Naira (NGN) is 24,354.37 NGN today.
CHANEL
CHANEL
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides CHANEL to NGN real-time exchange rates, making it easy to convert Chanel (CHANEL) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 CHANEL is currently valued at 24,354.37 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 CHANEL is currently valued at 24,354.37 NGN, which means buying 5 CHANEL would cost 121,771.84 NGN. Similarly, ₦1 NGN can be converted to 0.{4}4106 CHANEL, and ₦50 NGN can be converted to 0.0002053 CHANEL, excluding any platform or gas fees.

Convert CHANEL to NGN

Convert NGN to CHANEL

Chanel
Nigerian Naira
1 CHANEL
24,354.37  NGN
Exchange 1 CHANEL for 24,354.37 NGN
2 CHANEL
48,708.74  NGN
Exchange 2 CHANEL for 48,708.74 NGN
5 CHANEL
121,771.84  NGN
Exchange 5 CHANEL for 121,771.84 NGN
10 CHANEL
243,543.68  NGN
Exchange 10 CHANEL for 243,543.68 NGN
20 CHANEL
487,087.36  NGN
Exchange 20 CHANEL for 487,087.36 NGN
50 CHANEL
1,217,718.41  NGN
Exchange 50 CHANEL for 1,217,718.41 NGN
100 CHANEL
2,435,436.82  NGN
Exchange 100 CHANEL for 2,435,436.82 NGN
200 CHANEL
4,870,873.65  NGN
Exchange 200 CHANEL for 4,870,873.65 NGN
500 CHANEL
12,177,184.12  NGN
Exchange 500 CHANEL for 12,177,184.12 NGN
1000 CHANEL
24,354,368.23  NGN
Exchange 1000 CHANEL for 24,354,368.23 NGN
5000 CHANEL
121,771,841.17  NGN
Exchange 5000 CHANEL for 121,771,841.17 NGN
10000 CHANEL
243,543,682.34  NGN
Exchange 10000 CHANEL for 243,543,682.34 NGN
In the table above, you'll find a comprehensive CHANEL to NGN converter that shows the value of Chanel in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 CHANEL to NGN, all the way up to 10000 CHANEL, providing a clear view of their respective values.
Nigerian Naira
Chanel
1 NGN
0.{4}4106 CHANEL
Exchange 1 NGN for 0.{4}4106 CHANEL
10 NGN
0.0004106 CHANEL
Exchange 10 NGN for 0.0004106 CHANEL
50 NGN
0.002053 CHANEL
Exchange 50 NGN for 0.002053 CHANEL
100 NGN
0.004106 CHANEL
Exchange 100 NGN for 0.004106 CHANEL
200 NGN
0.008212 CHANEL
Exchange 200 NGN for 0.008212 CHANEL
500 NGN
0.02053 CHANEL
Exchange 500 NGN for 0.02053 CHANEL
1000 NGN
0.04106 CHANEL
Exchange 1000 NGN for 0.04106 CHANEL
2000 NGN
0.08212 CHANEL
Exchange 2000 NGN for 0.08212 CHANEL
5000 NGN
0.2053 CHANEL
Exchange 5000 NGN for 0.2053 CHANEL
10000 NGN
0.4106 CHANEL
Exchange 10000 NGN for 0.4106 CHANEL
50000 NGN
2.05 CHANEL
Exchange 50000 NGN for 2.05 CHANEL
100000 NGN
4.11 CHANEL
Exchange 100000 NGN for 4.11 CHANEL
In the table above, you'll find a comprehensive NGN to CHANEL converter that shows the value of Nigerian Naira in Chanel across commonly used conversion amounts. The list covers conversions from 1 NGN to CHANEL, all the way up to 100000 NGN, providing a clear view of their respective values.

CHANEL to NGN chart

CHANEL/NGN: 1 CHANEL = 24,354.37 NGN; 2025/09/20 05:01:10
In the past 1D, Chanel has changed +0.51% to NGN. Based on the trend and price charts, Chanel(CHANEL) has changed +0.51% to NGN while Nigerian Naira(NGN) has changed % to CHANEL in the last 24 hours.
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CHANEL to NGN conversion data: Volatility and price changes of Chanel in NGN

The highest Chanel price in NGN over the past 7 days was 24,451.64 NGN while the lowest Chanel price in NGN over the past 7 days was 23,434.24 NGN. The relative change between the highs and lows in Chanel price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and CHANEL 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
24,451.64 NGN
24,451.64 NGN
24,451.64 NGN
24,451.64 NGN
Low
24,233.62 NGN
23,434.24 NGN
20,001.42 NGN
10,234.77 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.51%
+3.10%
+21.19%
+138.14%

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Chanel information

CHANEL to NGN market statistics

CHANEL/NGN:
₦24,354.37
CHANEL 24h volume:
₦1,282,485.13
CHANEL market cap:
--
CHANEL circulating supply:
0 CHANEL

Current CHANEL to NGN exchange rate

Chanel to Nigerian Naira is rising this week.
Chanel's current market price is ₦24,354.37 per CHANEL, with a total market cap of ₦0 NGN based on a circulating supply of -- CHANEL. The trading volume of Chanel has changed by +81.05% (₦574,143.88 NGN) in the last 24 hours. Last trading day, CHANEL's trading volume was ₦708,341.25.

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

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CHANEL to NGN Conversion tables

The exchange rate of Chanel is increasing.
The exchange rate of 1 CHANEL to Nigerian Naira has changed by +3.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.51%, reaching a high of 24,451.64 NGN and a low of 24,233.62 NGN . One month ago, the value of 1 CHANEL was ₦20,091.86 NGN , which represents a +21.19% change from its current value. Over the last year, Chanel has changed by
+
9,435.99NGN
, resulting in a change of +74.34% in its value.
24 hours ago1 month ago1 year ago
Amount 05:01 am today 24 hours ago 24h change
0.5 CHANEL
₦12,177.18₦12,115.44
+0.51%
1 CHANEL
₦24,354.37₦24,230.88
+0.51%
5 CHANEL
₦121,771.84₦121,154.38
+0.51%
10 CHANEL
₦243,543.68₦242,308.76
+0.51%
50 CHANEL
₦1,217,718.41₦1,211,543.81
+0.51%
100 CHANEL
₦2,435,436.82₦2,423,087.63
+0.51%
500 CHANEL
₦12,177,184.12₦12,115,438.14
+0.51%
1000 CHANEL
₦24,354,368.23₦24,230,876.28
+0.51%

CHANEL to NGN FAQ

How much is 1 Chanel in NGN?
Right now, the price of 1 Chanel (CHANEL) in Nigerian Naira (NGN) is ₦24,354.37.
How much CHANEL can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.{4}4106 CHANEL for 1 NGN.
How do I calculate or convert CHANEL to NGN?
You can use our CHANEL to NGN calculator at the top of this page to convert any amount of CHANEL to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.0002053 CHANEL, while 5 CHANEL will cost around 121,771.84NGN.
What is the highest price of CHANEL/NGN in history?
The all-time high price of 1 CHANEL in NGN is ₦24,451.64. It remains to be seen if the value of 1 CHANEL/NGN will exceed the current all-time high.
What is the price trend of Chanel in NGN?
Over the past 7 days, the exchange rate of Chanel (CHANEL) has gone up by 3.10%.   Over the last month, the exchange rate of Chanel (CHANEL) has gone up by 21.19% against Nigerian Naira (NGN).

What factors influence the conversion rate of CHANEL to NGN?

There are many factors that affect the relationship between Chanel 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 CHANEL/NGN. When there is positive news in the market about the widespread adoption of CHANEL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of CHANEL/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in CHANEL/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 CHANEL/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 Chanel 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 Chanel currency pairs: CHANEL to US Dollar (USD), CHANEL to Euro (EUR), CHANEL to Pound Sterling (GBP), CHANEL to Canadian Dollar (CAD), CHANEL to Indian Rupee (INR), CHANEL to Pakistani Rupee (PKR), CHANEL to Brazilian Real (BRL), CHANEL to…
The price of Chanel in the US is $16.29 USD. Additionally, Chanel’s price is €13.87 EUR in the eurozone, £12.09 GBP in the UK, C$22.45 CAD in Canada, ₹1,435.49 INR in India, ₨4,625.44 PKR in Pakistan, R$86.75 BRL in Brazil, and more.
The most popular Chanel currency pair is the CHANEL to Nigerian Naira(NGN). The price of 1 Chanel (CHANEL) in Nigerian Naira (NGN) is ₦24,354.37.

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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.