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Omax Coin to Nigerian Naira (OMAX to NGN)

OMAX to NGN Converter and calculator

OMAX/NGN: 1 OMAX = 0.06800 NGN. The price of converting 1 Omax Coin (OMAX) to Nigerian Naira (NGN) is 0.06800 NGN today.
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NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OMAX to NGN real-time exchange rates, making it easy to convert Omax Coin (OMAX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 OMAX is currently valued at 0.06800 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OMAX is currently valued at 0.06800 NGN, which means buying 5 OMAX would cost 0.3400 NGN. Similarly, ₦1 NGN can be converted to 14.7 OMAX, and ₦50 NGN can be converted to 73.52 OMAX, excluding any platform or gas fees.

Convert OMAX to NGN

Convert NGN to OMAX

Omax Coin
Nigerian Naira
1 OMAX
0.06800  NGN
Exchange 1 OMAX for 0.06800 NGN
2 OMAX
0.1360  NGN
Exchange 2 OMAX for 0.1360 NGN
5 OMAX
0.3400  NGN
Exchange 5 OMAX for 0.3400 NGN
10 OMAX
0.6800  NGN
Exchange 10 OMAX for 0.6800 NGN
20 OMAX
1.36  NGN
Exchange 20 OMAX for 1.36 NGN
50 OMAX
3.4  NGN
Exchange 50 OMAX for 3.4 NGN
100 OMAX
6.8  NGN
Exchange 100 OMAX for 6.8 NGN
200 OMAX
13.6  NGN
Exchange 200 OMAX for 13.6 NGN
500 OMAX
34  NGN
Exchange 500 OMAX for 34 NGN
1000 OMAX
68  NGN
Exchange 1000 OMAX for 68 NGN
5000 OMAX
340.02  NGN
Exchange 5000 OMAX for 340.02 NGN
10000 OMAX
680.04  NGN
Exchange 10000 OMAX for 680.04 NGN
In the table above, you'll find a comprehensive OMAX to NGN converter that shows the value of Omax Coin in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 OMAX to NGN, all the way up to 10000 OMAX, providing a clear view of their respective values.
Nigerian Naira
Omax Coin
1 NGN
14.7 OMAX
Exchange 1 NGN for 14.7 OMAX
10 NGN
147.05 OMAX
Exchange 10 NGN for 147.05 OMAX
50 NGN
735.25 OMAX
Exchange 50 NGN for 735.25 OMAX
100 NGN
1,470.5 OMAX
Exchange 100 NGN for 1,470.5 OMAX
200 NGN
2,940.99 OMAX
Exchange 200 NGN for 2,940.99 OMAX
500 NGN
7,352.48 OMAX
Exchange 500 NGN for 7,352.48 OMAX
1000 NGN
14,704.97 OMAX
Exchange 1000 NGN for 14,704.97 OMAX
2000 NGN
29,409.93 OMAX
Exchange 2000 NGN for 29,409.93 OMAX
5000 NGN
73,524.83 OMAX
Exchange 5000 NGN for 73,524.83 OMAX
10000 NGN
147,049.67 OMAX
Exchange 10000 NGN for 147,049.67 OMAX
50000 NGN
735,248.35 OMAX
Exchange 50000 NGN for 735,248.35 OMAX
100000 NGN
1,470,496.69 OMAX
Exchange 100000 NGN for 1,470,496.69 OMAX
In the table above, you'll find a comprehensive NGN to OMAX converter that shows the value of Nigerian Naira in Omax Coin across commonly used conversion amounts. The list covers conversions from 1 NGN to OMAX, all the way up to 100000 NGN, providing a clear view of their respective values.

OMAX to NGN chart

OMAX/NGN: 1 OMAX = 0.06800 NGN; 2025/12/25 20:24:03
In the past 1D, Omax Coin has changed +2.71% to NGN. Based on the trend and price charts, Omax Coin(OMAX) has changed +2.71% to NGN while Nigerian Naira(NGN) has changed % to OMAX in the last 24 hours.
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OMAX to NGN conversion data: Volatility and price changes of in NGN

The highest price in NGN over the past 7 days was 0.07746 NGN while the lowest price in NGN over the past 7 days was 0.05941 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 OMAX 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
0.07041 NGN
0.07746 NGN
0.1185 NGN
0.2342 NGN
Low
0.06530 NGN
0.05941 NGN
0.05554 NGN
0.05554 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+2.71%
+5.31%
-18.48%
-65.69%

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

OMAX to NGN market statistics

OMAX/NGN:
₦0.06800
OMAX 24h volume:
₦320,018,343.8
OMAX market cap:
₦589,460,485.57
OMAX circulating supply:
8.67B OMAX

Current OMAX to NGN exchange rate

Omax Coin to Nigerian Naira is rising this week.
Omax Coin's current market price is ₦0.06800 per OMAX, with a total market cap of ₦589,460,485.57 NGN based on a circulating supply of 8,667,997,000 OMAX. The trading volume of Omax Coin has changed by -1.97% (₦-6,439,711.60 NGN) in the last 24 hours. Last trading day, OMAX's trading volume was ₦326,458,055.41.

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

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How to convert OMAX to NGN

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OMAX to NGN Conversion tables

The exchange rate of Omax Coin is decreasing.
The exchange rate of 1 OMAX to Nigerian Naira has changed by +5.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.71%, reaching a high of 0.07041 NGN and a low of 0.06530 NGN . One month ago, the value of 1 OMAX was ₦0.08342 NGN , which represents a -18.48% change from its current value. Over the last year, Omax Coin has changed by
-
0.8913NGN
, resulting in a change of -92.91% in its value.
24 hours ago1 month ago1 year ago
Amount 20:24 today 24 hours ago 24h change
0.5 OMAX
₦0.03400₦0.03311
+2.71%
1 OMAX
₦0.06800₦0.06621
+2.71%
5 OMAX
₦0.3400₦0.3311
+2.71%
10 OMAX
₦0.6800₦0.6621
+2.71%
50 OMAX
₦3.4₦3.31
+2.71%
100 OMAX
₦6.8₦6.62
+2.71%
500 OMAX
₦34₦33.11
+2.71%
1000 OMAX
₦68₦66.21
+2.71%

OMAX to NGN FAQ

How much is 1 Omax Coin in NGN?
Right now, the price of 1 Omax Coin (OMAX) in Nigerian Naira (NGN) is ₦0.06800.
How much OMAX can I buy for 1 NGN?
Based on the current exchange rate, you can get 14.7 OMAX for 1 NGN.
How do I calculate or convert OMAX to NGN?
You can use our OMAX to NGN calculator at the top of this page to convert any amount of OMAX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 73.52 OMAX, while 5 OMAX will cost around 0.3400NGN.
What is the highest price of OMAX/NGN in history?
The all-time high price of 1 OMAX in NGN is ₦87.38. It remains to be seen if the value of 1 OMAX/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 Omax Coin (OMAX) has gone up by 5.31%.   Over the last month, the exchange rate of Omax Coin (OMAX) has gone down by 18.48% against Nigerian Naira (NGN).

What factors influence the conversion rate of OMAX to NGN?

There are many factors that affect the relationship between Omax 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 OMAX/NGN. When there is positive news in the market about the widespread adoption of OMAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OMAX/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OMAX/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 OMAX/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 Omax 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 Omax Coin currency pairs: OMAX to US Dollar (USD), OMAX to Euro (EUR), OMAX to Pound Sterling (GBP), OMAX to Canadian Dollar (CAD), OMAX to Indian Rupee (INR), OMAX to Pakistani Rupee (PKR), OMAX to Brazilian Real (BRL), OMAX to…
The price of Omax Coin in the US is $0.C$0.{4}64124688 USD. Additionally, Omax Coin’s price is €0.{4}3981 EUR in the eurozone, £0.{4}3474 GBP in the UK, {4} CAD in Canada, ₹0.004211 INR in India, ₨0.01313 PKR in Pakistan, R$0.0002588 BRL in Brazil, and more.
The most popular Omax Coin currency pair is the OMAX to Nigerian Naira(NGN). The price of 1 Omax Coin (OMAX) in Nigerian Naira (NGN) is ₦0.06800.

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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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