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MDI to NGN Converter and calculator

MDI/NGN: 1 MDI = 0.009520 NGN. The price of converting 1 Medicle (MDI) to Nigerian Naira (NGN) is 0.009520 NGN today.
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MDI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MDI to NGN real-time exchange rates, making it easy to convert Medicle (MDI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MDI is currently valued at 0.009520 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MDI is currently valued at 0.009520 NGN, which means buying 5 MDI would cost 0.04760 NGN. Similarly, ₦1 NGN can be converted to 105.04 MDI, and ₦50 NGN can be converted to 525.21 MDI, excluding any platform or gas fees.

Convert MDI to NGN

Convert NGN to MDI

Medicle
Nigerian Naira
1 MDI
0.009520  NGN
Exchange 1 MDI for 0.009520 NGN
2 MDI
0.01904  NGN
Exchange 2 MDI for 0.01904 NGN
5 MDI
0.04760  NGN
Exchange 5 MDI for 0.04760 NGN
10 MDI
0.09520  NGN
Exchange 10 MDI for 0.09520 NGN
20 MDI
0.1904  NGN
Exchange 20 MDI for 0.1904 NGN
50 MDI
0.4760  NGN
Exchange 50 MDI for 0.4760 NGN
100 MDI
0.9520  NGN
Exchange 100 MDI for 0.9520 NGN
200 MDI
1.9  NGN
Exchange 200 MDI for 1.9 NGN
500 MDI
4.76  NGN
Exchange 500 MDI for 4.76 NGN
1000 MDI
9.52  NGN
Exchange 1000 MDI for 9.52 NGN
5000 MDI
47.6  NGN
Exchange 5000 MDI for 47.6 NGN
10000 MDI
95.2  NGN
Exchange 10000 MDI for 95.2 NGN
In the table above, you'll find a comprehensive MDI to NGN converter that shows the value of Medicle in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MDI to NGN, all the way up to 10000 MDI, providing a clear view of their respective values.
Nigerian Naira
Medicle
1 NGN
105.04 MDI
Exchange 1 NGN for 105.04 MDI
10 NGN
1,050.42 MDI
Exchange 10 NGN for 1,050.42 MDI
50 NGN
5,252.09 MDI
Exchange 50 NGN for 5,252.09 MDI
100 NGN
10,504.18 MDI
Exchange 100 NGN for 10,504.18 MDI
200 NGN
21,008.36 MDI
Exchange 200 NGN for 21,008.36 MDI
500 NGN
52,520.91 MDI
Exchange 500 NGN for 52,520.91 MDI
1000 NGN
105,041.82 MDI
Exchange 1000 NGN for 105,041.82 MDI
2000 NGN
210,083.64 MDI
Exchange 2000 NGN for 210,083.64 MDI
5000 NGN
525,209.11 MDI
Exchange 5000 NGN for 525,209.11 MDI
10000 NGN
1,050,418.21 MDI
Exchange 10000 NGN for 1,050,418.21 MDI
50000 NGN
5,252,091.07 MDI
Exchange 50000 NGN for 5,252,091.07 MDI
100000 NGN
10,504,182.13 MDI
Exchange 100000 NGN for 10,504,182.13 MDI
In the table above, you'll find a comprehensive NGN to MDI converter that shows the value of Nigerian Naira in Medicle across commonly used conversion amounts. The list covers conversions from 1 NGN to MDI, all the way up to 100000 NGN, providing a clear view of their respective values.

MDI to NGN chart

MDI/NGN: 1 MDI = 0.009520 NGN; 2025/11/15 19:40:50
In the past 1D, Medicle has changed -14.97% to NGN. Based on the trend and price charts, Medicle(MDI) has changed -14.97% to NGN while Nigerian Naira(NGN) has changed % to MDI in the last 24 hours.
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MDI to NGN conversion data: Volatility and price changes of Medicle in NGN

The highest Medicle price in NGN over the past 7 days was 0.01282 NGN while the lowest Medicle price in NGN over the past 7 days was 0.008818 NGN. The relative change between the highs and lows in Medicle price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MDI 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
0.01120 NGN
0.01282 NGN
0.01585 NGN
0.04292 NGN
Low
0.009519 NGN
0.008818 NGN
0.007733 NGN
0.007733 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-14.97%
-6.94%
-3.07%
-72.98%

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

MDI to NGN market statistics

MDI/NGN:
₦0.009520
MDI 24h volume:
₦16.59
MDI market cap:
--
MDI circulating supply:
0 MDI

Current MDI to NGN exchange rate

Medicle to Nigerian Naira is falling this week.
Medicle's current market price is ₦0.009520 per MDI, with a total market cap of ₦0 NGN based on a circulating supply of -- MDI. The trading volume of Medicle has changed by +103.86% (₦8.45 NGN) in the last 24 hours. Last trading day, MDI's trading volume was ₦8.14.

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

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How to convert MDI to NGN

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MDI to NGN Conversion tables

The exchange rate of Medicle is decreasing.
The exchange rate of 1 MDI to Nigerian Naira has changed by -6.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -14.97%, reaching a high of 0.01120 NGN and a low of 0.009519 NGN . One month ago, the value of 1 MDI was ₦0.009822 NGN , which represents a -3.07% change from its current value. Over the last year, Medicle has changed by
-
27.01NGN
, resulting in a change of -99.96% in its value.
24 hours ago1 month ago1 year ago
Amount 19:40 today 24 hours ago 24h change
0.5 MDI
₦0.004760₦0.005598
-14.97%
1 MDI
₦0.009520₦0.01120
-14.97%
5 MDI
₦0.04760₦0.05598
-14.97%
10 MDI
₦0.09520₦0.1120
-14.97%
50 MDI
₦0.4760₦0.5598
-14.97%
100 MDI
₦0.9520₦1.12
-14.97%
500 MDI
₦4.76₦5.6
-14.97%
1000 MDI
₦9.52₦11.2
-14.97%

MDI to NGN FAQ

How much is 1 Medicle in NGN?
Right now, the price of 1 Medicle (MDI) in Nigerian Naira (NGN) is ₦0.009520.
How much MDI can I buy for 1 NGN?
Based on the current exchange rate, you can get 105.04 MDI for 1 NGN.
How do I calculate or convert MDI to NGN?
You can use our MDI to NGN calculator at the top of this page to convert any amount of MDI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 525.21 MDI, while 5 MDI will cost around 0.04760NGN.
What is the highest price of MDI/NGN in history?
The all-time high price of 1 MDI in NGN is ₦1,054.43. It remains to be seen if the value of 1 MDI/NGN will exceed the current all-time high.
What is the price trend of Medicle in NGN?
Over the past 7 days, the exchange rate of Medicle (MDI) has gone down by 6.94%.   Over the last month, the exchange rate of Medicle (MDI) has gone down by 3.07% against Nigerian Naira (NGN).

What factors influence the conversion rate of MDI to NGN?

There are many factors that affect the relationship between Medicle 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 MDI/NGN. When there is positive news in the market about the widespread adoption of MDI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MDI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MDI/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 MDI/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 Medicle 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 Medicle currency pairs: MDI to US Dollar (USD), MDI to Euro (EUR), MDI to Pound Sterling (GBP), MDI to Canadian Dollar (CAD), MDI to Indian Rupee (INR), MDI to Pakistani Rupee (PKR), MDI to Brazilian Real (BRL), MDI to…
The price of Medicle in the US is $0.{5}6605 USD. Additionally, Medicle’s price is €0.{5}5683 EUR in the eurozone, £0.{5}5019 GBP in the UK, C$0.{5}9269 CAD in Canada, ₹0.0005858 INR in India, ₨0.001866 PKR in Pakistan, R$0.{4}3499 BRL in Brazil, and more.
The most popular Medicle currency pair is the MDI to Nigerian Naira(NGN). The price of 1 Medicle (MDI) in Nigerian Naira (NGN) is ₦0.009520.

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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.