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MDC to NGN Converter and calculator

MDC/NGN: 1 MDC = 1,004.8 NGN. The price of converting 1 Meta Dollar Coin (MDC) to Nigerian Naira (NGN) is 1,004.8 NGN today.
MDC
MDC
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MDC to NGN real-time exchange rates, making it easy to convert Meta Dollar Coin (MDC) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MDC is currently valued at 1,004.8 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MDC is currently valued at 1,004.8 NGN, which means buying 5 MDC would cost 5,024 NGN. Similarly, ₦1 NGN can be converted to 0.0009952 MDC, and ₦50 NGN can be converted to 0.004976 MDC, excluding any platform or gas fees.

Convert MDC to NGN

Convert NGN to MDC

Meta Dollar Coin
Nigerian Naira
1 MDC
1,004.8  NGN
Exchange 1 MDC for 1,004.8 NGN
2 MDC
2,009.6  NGN
Exchange 2 MDC for 2,009.6 NGN
5 MDC
5,024  NGN
Exchange 5 MDC for 5,024 NGN
10 MDC
10,048  NGN
Exchange 10 MDC for 10,048 NGN
20 MDC
20,096  NGN
Exchange 20 MDC for 20,096 NGN
50 MDC
50,240  NGN
Exchange 50 MDC for 50,240 NGN
100 MDC
100,480  NGN
Exchange 100 MDC for 100,480 NGN
200 MDC
200,960.01  NGN
Exchange 200 MDC for 200,960.01 NGN
500 MDC
502,400.02  NGN
Exchange 500 MDC for 502,400.02 NGN
1000 MDC
1,004,800.04  NGN
Exchange 1000 MDC for 1,004,800.04 NGN
5000 MDC
5,024,000.2  NGN
Exchange 5000 MDC for 5,024,000.2 NGN
10000 MDC
10,048,000.4  NGN
Exchange 10000 MDC for 10,048,000.4 NGN
In the table above, you'll find a comprehensive MDC to NGN converter that shows the value of Meta Dollar Coin in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MDC to NGN, all the way up to 10000 MDC, providing a clear view of their respective values.
Nigerian Naira
Meta Dollar Coin
1 NGN
0.0009952 MDC
Exchange 1 NGN for 0.0009952 MDC
10 NGN
0.009952 MDC
Exchange 10 NGN for 0.009952 MDC
50 NGN
0.04976 MDC
Exchange 50 NGN for 0.04976 MDC
100 NGN
0.09952 MDC
Exchange 100 NGN for 0.09952 MDC
200 NGN
0.1990 MDC
Exchange 200 NGN for 0.1990 MDC
500 NGN
0.4976 MDC
Exchange 500 NGN for 0.4976 MDC
1000 NGN
0.9952 MDC
Exchange 1000 NGN for 0.9952 MDC
2000 NGN
1.99 MDC
Exchange 2000 NGN for 1.99 MDC
5000 NGN
4.98 MDC
Exchange 5000 NGN for 4.98 MDC
10000 NGN
9.95 MDC
Exchange 10000 NGN for 9.95 MDC
50000 NGN
49.76 MDC
Exchange 50000 NGN for 49.76 MDC
100000 NGN
99.52 MDC
Exchange 100000 NGN for 99.52 MDC
In the table above, you'll find a comprehensive NGN to MDC converter that shows the value of Nigerian Naira in Meta Dollar Coin across commonly used conversion amounts. The list covers conversions from 1 NGN to MDC, all the way up to 100000 NGN, providing a clear view of their respective values.

MDC to NGN chart

MDC/NGN: 1 MDC = 1,004.8 NGN; 2025/10/16 14:26:32
In the past 1D, Meta Dollar Coin has changed -0.38% to NGN. Based on the trend and price charts, Meta Dollar Coin(MDC) has changed -0.38% to NGN while Nigerian Naira(NGN) has changed % to MDC in the last 24 hours.
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MDC to NGN conversion data: Volatility and price changes of Meta Dollar Coin in NGN

The highest Meta Dollar Coin price in NGN over the past 7 days was 1,204.41 NGN while the lowest Meta Dollar Coin price in NGN over the past 7 days was 878.02 NGN. The relative change between the highs and lows in Meta Dollar Coin price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MDC 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
1,121.93 NGN
1,204.41 NGN
1,204.41 NGN
1,204.41 NGN
Low
981.92 NGN
878.02 NGN
663.67 NGN
663.67 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.38%
+7.15%
+6.42%
+37.93%

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Meta Dollar Coin information

MDC to NGN market statistics

MDC/NGN:
₦1,004.8
MDC 24h volume:
₦2,220,311.44
MDC market cap:
--
MDC circulating supply:
0 MDC

Current MDC to NGN exchange rate

Meta Dollar Coin to Nigerian Naira is rising this week.
Meta Dollar Coin's current market price is ₦1,004.8 per MDC, with a total market cap of ₦0 NGN based on a circulating supply of -- MDC. The trading volume of Meta Dollar Coin has changed by -38.49% (₦-1,389,587.14 NGN) in the last 24 hours. Last trading day, MDC's trading volume was ₦3,609,898.58.

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

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How to convert MDC to NGN

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MDC to NGN Conversion tables

The exchange rate of Meta Dollar Coin is increasing.
The exchange rate of 1 MDC to Nigerian Naira has changed by +7.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.38%, reaching a high of 1,121.93 NGN and a low of 981.92 NGN . One month ago, the value of 1 MDC was ₦-44.02 NGN , which represents a +6.42% change from its current value. Over the last year, Meta Dollar Coin has changed by
+
1,048.82NGN
, resulting in a change of +37.93% in its value.
24 hours ago1 month ago1 year ago
Amount 14:26 today 24 hours ago 24h change
0.5 MDC
₦502.4₦504.39
-0.38%
1 MDC
₦1,004.8₦1,008.78
-0.38%
5 MDC
₦5,024₦5,043.91
-0.38%
10 MDC
₦10,048₦10,087.82
-0.38%
50 MDC
₦50,240₦50,439.09
-0.38%
100 MDC
₦100,480₦100,878.18
-0.38%
500 MDC
₦502,400.02₦504,390.89
-0.38%
1000 MDC
₦1,004,800.04₦1,008,781.79
-0.38%

MDC to NGN FAQ

How much is 1 Meta Dollar Coin in NGN?
Right now, the price of 1 Meta Dollar Coin (MDC) in Nigerian Naira (NGN) is ₦1,004.8.
How much MDC can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.0009952 MDC for 1 NGN.
How do I calculate or convert MDC to NGN?
You can use our MDC to NGN calculator at the top of this page to convert any amount of MDC to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.004976 MDC, while 5 MDC will cost around 5,024NGN.
What is the highest price of MDC/NGN in history?
The all-time high price of 1 MDC in NGN is ₦1,204.41. It remains to be seen if the value of 1 MDC/NGN will exceed the current all-time high.
What is the price trend of Meta Dollar Coin in NGN?
Over the past 7 days, the exchange rate of Meta Dollar Coin (MDC) has gone up by 7.15%.   Over the last month, the exchange rate of Meta Dollar Coin (MDC) has gone up by 6.42% against Nigerian Naira (NGN).

What factors influence the conversion rate of MDC to NGN?

There are many factors that affect the relationship between Meta Dollar Coin 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 MDC/NGN. When there is positive news in the market about the widespread adoption of MDC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MDC/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MDC/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 MDC/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 Meta Dollar Coin 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 Meta Dollar Coin currency pairs: MDC to US Dollar (USD), MDC to Euro (EUR), MDC to Pound Sterling (GBP), MDC to Canadian Dollar (CAD), MDC to Indian Rupee (INR), MDC to Pakistani Rupee (PKR), MDC to Brazilian Real (BRL), MDC to…
The price of Meta Dollar Coin in the US is $0.6839 USD. Additionally, Meta Dollar Coin’s price is €0.5867 EUR in the eurozone, £0.5083 GBP in the UK, C$0.9604 CAD in Canada, ₹60.17 INR in India, ₨193.7 PKR in Pakistan, R$3.72 BRL in Brazil, and more.
The most popular Meta Dollar Coin currency pair is the MDC to Nigerian Naira(NGN). The price of 1 Meta Dollar Coin (MDC) in Nigerian Naira (NGN) is ₦1,004.8.

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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.