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IDEA to NGN Converter and calculator

IDEA/NGN: 1 IDEA = 0.05027 NGN. The price of converting 1 Ideaology (IDEA) to Nigerian Naira (NGN) is 0.05027 NGN today.
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IDEA
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides IDEA to NGN real-time exchange rates, making it easy to convert Ideaology (IDEA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 IDEA is currently valued at 0.05027 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IDEA is currently valued at 0.05027 NGN, which means buying 5 IDEA would cost 0.2514 NGN. Similarly, ₦1 NGN can be converted to 19.89 IDEA, and ₦50 NGN can be converted to 99.46 IDEA, excluding any platform or gas fees.

Convert IDEA to NGN

Convert NGN to IDEA

Ideaology
Nigerian Naira
1 IDEA
0.05027  NGN
Exchange 1 IDEA for 0.05027 NGN
2 IDEA
0.1005  NGN
Exchange 2 IDEA for 0.1005 NGN
5 IDEA
0.2514  NGN
Exchange 5 IDEA for 0.2514 NGN
10 IDEA
0.5027  NGN
Exchange 10 IDEA for 0.5027 NGN
20 IDEA
1.01  NGN
Exchange 20 IDEA for 1.01 NGN
50 IDEA
2.51  NGN
Exchange 50 IDEA for 2.51 NGN
100 IDEA
5.03  NGN
Exchange 100 IDEA for 5.03 NGN
200 IDEA
10.05  NGN
Exchange 200 IDEA for 10.05 NGN
500 IDEA
25.14  NGN
Exchange 500 IDEA for 25.14 NGN
1000 IDEA
50.27  NGN
Exchange 1000 IDEA for 50.27 NGN
5000 IDEA
251.35  NGN
Exchange 5000 IDEA for 251.35 NGN
10000 IDEA
502.7  NGN
Exchange 10000 IDEA for 502.7 NGN
In the table above, you'll find a comprehensive IDEA to NGN converter that shows the value of Ideaology in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 IDEA to NGN, all the way up to 10000 IDEA, providing a clear view of their respective values.
Nigerian Naira
Ideaology
1 NGN
19.89 IDEA
Exchange 1 NGN for 19.89 IDEA
10 NGN
198.93 IDEA
Exchange 10 NGN for 198.93 IDEA
50 NGN
994.63 IDEA
Exchange 50 NGN for 994.63 IDEA
100 NGN
1,989.25 IDEA
Exchange 100 NGN for 1,989.25 IDEA
200 NGN
3,978.51 IDEA
Exchange 200 NGN for 3,978.51 IDEA
500 NGN
9,946.27 IDEA
Exchange 500 NGN for 9,946.27 IDEA
1000 NGN
19,892.53 IDEA
Exchange 1000 NGN for 19,892.53 IDEA
2000 NGN
39,785.07 IDEA
Exchange 2000 NGN for 39,785.07 IDEA
5000 NGN
99,462.67 IDEA
Exchange 5000 NGN for 99,462.67 IDEA
10000 NGN
198,925.34 IDEA
Exchange 10000 NGN for 198,925.34 IDEA
50000 NGN
994,626.69 IDEA
Exchange 50000 NGN for 994,626.69 IDEA
100000 NGN
1,989,253.39 IDEA
Exchange 100000 NGN for 1,989,253.39 IDEA
In the table above, you'll find a comprehensive NGN to IDEA converter that shows the value of Nigerian Naira in Ideaology across commonly used conversion amounts. The list covers conversions from 1 NGN to IDEA, all the way up to 100000 NGN, providing a clear view of their respective values.

IDEA to NGN chart

IDEA/NGN: 1 IDEA = 0.05027 NGN; 2025/11/14 01:49:42
In the past 1D, Ideaology has changed +1.83% to NGN. Based on the trend and price charts, Ideaology(IDEA) has changed +1.83% to NGN while Nigerian Naira(NGN) has changed % to IDEA in the last 24 hours.
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IDEA to NGN conversion data: Volatility and price changes of Ideaology in NGN

The highest Ideaology price in NGN over the past 7 days was 0.07207 NGN while the lowest Ideaology price in NGN over the past 7 days was 0.04511 NGN. The relative change between the highs and lows in Ideaology price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and IDEA 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
0.05879 NGN
0.07207 NGN
0.08124 NGN
0.1562 NGN
Low
0.04699 NGN
0.04511 NGN
0.01736 NGN
0.01736 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.83%
-2.46%
-7.94%
-46.88%

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Ideaology information

IDEA to NGN market statistics

IDEA/NGN:
₦0.05027
IDEA 24h volume:
₦56,285,115.93
IDEA market cap:
₦251,350,590.17
IDEA circulating supply:
5.00B IDEA

Current IDEA to NGN exchange rate

Ideaology to Nigerian Naira is falling this week.
Ideaology's current market price is ₦0.05027 per IDEA, with a total market cap of ₦251,350,590.17 NGN based on a circulating supply of 5,000,000,000 IDEA. The trading volume of Ideaology has changed by +533.35% (₦47,398,230.44 NGN) in the last 24 hours. Last trading day, IDEA's trading volume was ₦8,886,885.49.

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

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How to convert IDEA to NGN

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IDEA to NGN Conversion tables

The exchange rate of Ideaology is decreasing.
The exchange rate of 1 IDEA to Nigerian Naira has changed by -2.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.83%, reaching a high of 0.05879 NGN and a low of 0.04699 NGN . One month ago, the value of 1 IDEA was ₦0.05460 NGN , which represents a -7.94% change from its current value. Over the last year, Ideaology has changed by
-
0.7891NGN
, resulting in a change of -94.01% in its value.
24 hours ago1 month ago1 year ago
Amount 01:49 am today 24 hours ago 24h change
0.5 IDEA
₦0.02514₦0.02468
+1.83%
1 IDEA
₦0.05027₦0.04937
+1.83%
5 IDEA
₦0.2514₦0.2468
+1.83%
10 IDEA
₦0.5027₦0.4937
+1.83%
50 IDEA
₦2.51₦2.47
+1.83%
100 IDEA
₦5.03₦4.94
+1.83%
500 IDEA
₦25.14₦24.68
+1.83%
1000 IDEA
₦50.27₦49.37
+1.83%

IDEA to NGN FAQ

How much is 1 Ideaology in NGN?
Right now, the price of 1 Ideaology (IDEA) in Nigerian Naira (NGN) is ₦0.05027.
How much IDEA can I buy for 1 NGN?
Based on the current exchange rate, you can get 19.89 IDEA for 1 NGN.
How do I calculate or convert IDEA to NGN?
You can use our IDEA to NGN calculator at the top of this page to convert any amount of IDEA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 99.46 IDEA, while 5 IDEA will cost around 0.2514NGN.
What is the highest price of IDEA/NGN in history?
The all-time high price of 1 IDEA in NGN is ₦4,991.96. It remains to be seen if the value of 1 IDEA/NGN will exceed the current all-time high.
What is the price trend of Ideaology in NGN?
Over the past 7 days, the exchange rate of Ideaology (IDEA) has gone down by 2.46%.   Over the last month, the exchange rate of Ideaology (IDEA) has gone down by 7.94% against Nigerian Naira (NGN).

What factors influence the conversion rate of IDEA to NGN?

There are many factors that affect the relationship between Ideaology 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 IDEA/NGN. When there is positive news in the market about the widespread adoption of IDEA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IDEA/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IDEA/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 IDEA/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 Ideaology 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 Ideaology currency pairs: IDEA to US Dollar (USD), IDEA to Euro (EUR), IDEA to Pound Sterling (GBP), IDEA to Canadian Dollar (CAD), IDEA to Indian Rupee (INR), IDEA to Pakistani Rupee (PKR), IDEA to Brazilian Real (BRL), IDEA to…
The price of Ideaology in the US is $0.{4}3488 USD. Additionally, Ideaology’s price is €0.{4}2997 EUR in the eurozone, £0.{4}2643 GBP in the UK, C$0.{4}4894 CAD in Canada, ₹0.003098 INR in India, ₨0.009828 PKR in Pakistan, R$0.0001848 BRL in Brazil, and more.
The most popular Ideaology currency pair is the IDEA to Nigerian Naira(NGN). The price of 1 Ideaology (IDEA) in Nigerian Naira (NGN) is ₦0.05027.

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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.