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ONDOAI to NGN Converter and calculator

ONDOAI/NGN: 1 ONDOAI = 0.1794 NGN. The price of converting 1 Ondo DeFAI (ONDOAI) to Nigerian Naira (NGN) is 0.1794 NGN today.
ONDOAI
ONDOAI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ONDOAI to NGN real-time exchange rates, making it easy to convert Ondo DeFAI (ONDOAI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 ONDOAI is currently valued at 0.1794 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ONDOAI is currently valued at 0.1794 NGN, which means buying 5 ONDOAI would cost 0.8971 NGN. Similarly, ₦1 NGN can be converted to 5.57 ONDOAI, and ₦50 NGN can be converted to 27.87 ONDOAI, excluding any platform or gas fees.

Convert ONDOAI to NGN

Convert NGN to ONDOAI

Ondo DeFAI
Nigerian Naira
1 ONDOAI
0.1794  NGN
Exchange 1 ONDOAI for 0.1794 NGN
2 ONDOAI
0.3589  NGN
Exchange 2 ONDOAI for 0.3589 NGN
5 ONDOAI
0.8971  NGN
Exchange 5 ONDOAI for 0.8971 NGN
10 ONDOAI
1.79  NGN
Exchange 10 ONDOAI for 1.79 NGN
20 ONDOAI
3.59  NGN
Exchange 20 ONDOAI for 3.59 NGN
50 ONDOAI
8.97  NGN
Exchange 50 ONDOAI for 8.97 NGN
100 ONDOAI
17.94  NGN
Exchange 100 ONDOAI for 17.94 NGN
200 ONDOAI
35.89  NGN
Exchange 200 ONDOAI for 35.89 NGN
500 ONDOAI
89.71  NGN
Exchange 500 ONDOAI for 89.71 NGN
1000 ONDOAI
179.43  NGN
Exchange 1000 ONDOAI for 179.43 NGN
5000 ONDOAI
897.14  NGN
Exchange 5000 ONDOAI for 897.14 NGN
10000 ONDOAI
1,794.29  NGN
Exchange 10000 ONDOAI for 1,794.29 NGN
In the table above, you'll find a comprehensive ONDOAI to NGN converter that shows the value of Ondo DeFAI in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 ONDOAI to NGN, all the way up to 10000 ONDOAI, providing a clear view of their respective values.
Nigerian Naira
Ondo DeFAI
1 NGN
5.57 ONDOAI
Exchange 1 NGN for 5.57 ONDOAI
10 NGN
55.73 ONDOAI
Exchange 10 NGN for 55.73 ONDOAI
50 NGN
278.66 ONDOAI
Exchange 50 NGN for 278.66 ONDOAI
100 NGN
557.32 ONDOAI
Exchange 100 NGN for 557.32 ONDOAI
200 NGN
1,114.65 ONDOAI
Exchange 200 NGN for 1,114.65 ONDOAI
500 NGN
2,786.62 ONDOAI
Exchange 500 NGN for 2,786.62 ONDOAI
1000 NGN
5,573.25 ONDOAI
Exchange 1000 NGN for 5,573.25 ONDOAI
2000 NGN
11,146.5 ONDOAI
Exchange 2000 NGN for 11,146.5 ONDOAI
5000 NGN
27,866.25 ONDOAI
Exchange 5000 NGN for 27,866.25 ONDOAI
10000 NGN
55,732.49 ONDOAI
Exchange 10000 NGN for 55,732.49 ONDOAI
50000 NGN
278,662.46 ONDOAI
Exchange 50000 NGN for 278,662.46 ONDOAI
100000 NGN
557,324.92 ONDOAI
Exchange 100000 NGN for 557,324.92 ONDOAI
In the table above, you'll find a comprehensive NGN to ONDOAI converter that shows the value of Nigerian Naira in Ondo DeFAI across commonly used conversion amounts. The list covers conversions from 1 NGN to ONDOAI, all the way up to 100000 NGN, providing a clear view of their respective values.

ONDOAI to NGN chart

ONDOAI/NGN: 1 ONDOAI = 0.1794 NGN; 2025/09/20 11:47:25
In the past 1D, Ondo DeFAI has changed +0.01% to NGN. Based on the trend and price charts, Ondo DeFAI(ONDOAI) has changed +0.01% to NGN while Nigerian Naira(NGN) has changed % to ONDOAI in the last 24 hours.
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ONDOAI to NGN conversion data: Volatility and price changes of Ondo DeFAI in NGN

The highest Ondo DeFAI price in NGN over the past 7 days was 0.2841 NGN while the lowest Ondo DeFAI price in NGN over the past 7 days was 0.02840 NGN. The relative change between the highs and lows in Ondo DeFAI price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ONDOAI 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
0.1795 NGN
0.2841 NGN
0.6442 NGN
2.19 NGN
Low
0.1794 NGN
0.02840 NGN
0.02840 NGN
0.02840 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.01%
+118.08%
-67.29%
-86.90%

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Ondo DeFAI information

ONDOAI to NGN market statistics

ONDOAI/NGN:
₦0.1794
ONDOAI 24h volume:
₦39,068.34
ONDOAI market cap:
₦179,428,538.78
ONDOAI circulating supply:
1.00B ONDOAI

Current ONDOAI to NGN exchange rate

Ondo DeFAI to Nigerian Naira is rising this week.
Ondo DeFAI's current market price is ₦0.1794 per ONDOAI, with a total market cap of ₦179,428,538.78 NGN based on a circulating supply of 1,000,000,000 ONDOAI. The trading volume of Ondo DeFAI has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, ONDOAI's trading volume was ₦39,068.34.

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

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How to convert ONDOAI to NGN

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1 ONDOAI to C$0.0001654 CAD
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1 ONDOAI to ₦0.1794 NGN
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1 ONDOAI to £0.{4}8909 GBP
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ONDOAI to NGN Conversion tables

The exchange rate of Ondo DeFAI is decreasing.
The exchange rate of 1 ONDOAI to Nigerian Naira has changed by +118.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 0.1795 NGN and a low of 0.1794 NGN . One month ago, the value of 1 ONDOAI was ₦0.5486 NGN , which represents a -67.29% change from its current value. Over the last year, Ondo DeFAI has changed by
+
0.1794NGN
, resulting in a change of -80.06% in its value.
24 hours ago1 month ago1 year ago
Amount 11:47 am today 24 hours ago 24h change
0.5 ONDOAI
₦0.08971₦0.08970
+0.01%
1 ONDOAI
₦0.1794₦0.1794
+0.01%
5 ONDOAI
₦0.8971₦0.8970
+0.01%
10 ONDOAI
₦1.79₦1.79
+0.01%
50 ONDOAI
₦8.97₦8.97
+0.01%
100 ONDOAI
₦17.94₦17.94
+0.01%
500 ONDOAI
₦89.71₦89.7
+0.01%
1000 ONDOAI
₦179.43₦179.4
+0.01%

ONDOAI to NGN FAQ

How much is 1 Ondo DeFAI in NGN?
Right now, the price of 1 Ondo DeFAI (ONDOAI) in Nigerian Naira (NGN) is ₦0.1794.
How much ONDOAI can I buy for 1 NGN?
Based on the current exchange rate, you can get 5.57 ONDOAI for 1 NGN.
How do I calculate or convert ONDOAI to NGN?
You can use our ONDOAI to NGN calculator at the top of this page to convert any amount of ONDOAI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 27.87 ONDOAI, while 5 ONDOAI will cost around 0.8971NGN.
What is the highest price of ONDOAI/NGN in history?
The all-time high price of 1 ONDOAI in NGN is ₦14.37. It remains to be seen if the value of 1 ONDOAI/NGN will exceed the current all-time high.
What is the price trend of Ondo DeFAI in NGN?
Over the past 7 days, the exchange rate of Ondo DeFAI (ONDOAI) has gone up by 118.08%.   Over the last month, the exchange rate of Ondo DeFAI (ONDOAI) has gone down by 67.29% against Nigerian Naira (NGN).

What factors influence the conversion rate of ONDOAI to NGN?

There are many factors that affect the relationship between Ondo DeFAI 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 ONDOAI/NGN. When there is positive news in the market about the widespread adoption of ONDOAI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ONDOAI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ONDOAI/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 ONDOAI/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 Ondo DeFAI 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 Ondo DeFAI currency pairs: ONDOAI to US Dollar (USD), ONDOAI to Euro (EUR), ONDOAI to Pound Sterling (GBP), ONDOAI to Canadian Dollar (CAD), ONDOAI to Indian Rupee (INR), ONDOAI to Pakistani Rupee (PKR), ONDOAI to Brazilian Real (BRL), ONDOAI to…
The price of Ondo DeFAI in the US is $0.0001200 USD. Additionally, Ondo DeFAI’s price is €0.0001022 EUR in the eurozone, £0.{4}8909 GBP in the UK, C$0.0001654 CAD in Canada, ₹0.01058 INR in India, ₨0.03408 PKR in Pakistan, R$0.0006391 BRL in Brazil, and more.
The most popular Ondo DeFAI currency pair is the ONDOAI to Nigerian Naira(NGN). The price of 1 Ondo DeFAI (ONDOAI) in Nigerian Naira (NGN) is ₦0.1794.

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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.