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RWT TOKEN to Nigerian Naira (RWT to NGN)

RWT to NGN Converter and calculator

RWT/NGN: 1 RWT = 0.004688 NGN. The price of converting 1 RWT TOKEN (RWT) to Nigerian Naira (NGN) is 0.004688 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 RWT to NGN real-time exchange rates, making it easy to convert RWT TOKEN (RWT) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 RWT is currently valued at 0.004688 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RWT is currently valued at 0.004688 NGN, which means buying 5 RWT would cost 0.02344 NGN. Similarly, ₦1 NGN can be converted to 213.29 RWT, and ₦50 NGN can be converted to 1,066.45 RWT, excluding any platform or gas fees.

Convert RWT to NGN

Convert NGN to RWT

RWT TOKEN
Nigerian Naira
1 RWT
0.004688  NGN
Exchange 1 RWT for 0.004688 NGN
2 RWT
0.009377  NGN
Exchange 2 RWT for 0.009377 NGN
5 RWT
0.02344  NGN
Exchange 5 RWT for 0.02344 NGN
10 RWT
0.04688  NGN
Exchange 10 RWT for 0.04688 NGN
20 RWT
0.09377  NGN
Exchange 20 RWT for 0.09377 NGN
50 RWT
0.2344  NGN
Exchange 50 RWT for 0.2344 NGN
100 RWT
0.4688  NGN
Exchange 100 RWT for 0.4688 NGN
200 RWT
0.9377  NGN
Exchange 200 RWT for 0.9377 NGN
500 RWT
2.34  NGN
Exchange 500 RWT for 2.34 NGN
1000 RWT
4.69  NGN
Exchange 1000 RWT for 4.69 NGN
5000 RWT
23.44  NGN
Exchange 5000 RWT for 23.44 NGN
10000 RWT
46.88  NGN
Exchange 10000 RWT for 46.88 NGN
In the table above, you'll find a comprehensive RWT to NGN converter that shows the value of RWT TOKEN in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 RWT to NGN, all the way up to 10000 RWT, providing a clear view of their respective values.
Nigerian Naira
RWT TOKEN
1 NGN
213.29 RWT
Exchange 1 NGN for 213.29 RWT
10 NGN
2,132.91 RWT
Exchange 10 NGN for 2,132.91 RWT
50 NGN
10,664.53 RWT
Exchange 50 NGN for 10,664.53 RWT
100 NGN
21,329.07 RWT
Exchange 100 NGN for 21,329.07 RWT
200 NGN
42,658.14 RWT
Exchange 200 NGN for 42,658.14 RWT
500 NGN
106,645.34 RWT
Exchange 500 NGN for 106,645.34 RWT
1000 NGN
213,290.68 RWT
Exchange 1000 NGN for 213,290.68 RWT
2000 NGN
426,581.37 RWT
Exchange 2000 NGN for 426,581.37 RWT
5000 NGN
1,066,453.41 RWT
Exchange 5000 NGN for 1,066,453.41 RWT
10000 NGN
2,132,906.83 RWT
Exchange 10000 NGN for 2,132,906.83 RWT
50000 NGN
10,664,534.15 RWT
Exchange 50000 NGN for 10,664,534.15 RWT
100000 NGN
21,329,068.3 RWT
Exchange 100000 NGN for 21,329,068.3 RWT
In the table above, you'll find a comprehensive NGN to RWT converter that shows the value of Nigerian Naira in RWT TOKEN across commonly used conversion amounts. The list covers conversions from 1 NGN to RWT, all the way up to 100000 NGN, providing a clear view of their respective values.

RWT to NGN chart

RWT/NGN: 1 RWT = 0.004688 NGN; 2026/01/01 14:13:00
In the past 1D, RWT TOKEN has changed +0.93% to NGN. Based on the trend and price charts, RWT TOKEN(RWT) has changed +0.93% to NGN while Nigerian Naira(NGN) has changed % to RWT in the last 24 hours.
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RWT to NGN conversion data: Volatility and price changes of RWT TOKEN in NGN

The highest RWT TOKEN price in NGN over the past 7 days was 0.007669 NGN while the lowest RWT TOKEN price in NGN over the past 7 days was 0.004543 NGN. The relative change between the highs and lows in RWT TOKEN price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and RWT 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
0.004721 NGN
0.007669 NGN
0.05205 NGN
0.08227 NGN
Low
0.004626 NGN
0.004543 NGN
0.004543 NGN
0.004543 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.93%
-38.95%
-90.08%
-61.97%

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Buy RWT (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of RWT with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy RWT with USDT via Bitget spot market.
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RWT TOKEN information

RWT to NGN market statistics

RWT/NGN:
₦0.004688
RWT 24h volume:
₦34,083,143.65
RWT market cap:
--
RWT circulating supply:
0 RWT

Current RWT to NGN exchange rate

RWT TOKEN to Nigerian Naira is falling this week.
RWT TOKEN's current market price is ₦0.004688 per RWT, with a total market cap of ₦0 NGN based on a circulating supply of -- RWT. The trading volume of RWT TOKEN has changed by -20.48% (₦-8,778,221.99 NGN) in the last 24 hours. Last trading day, RWT's trading volume was ₦42,861,365.65.

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

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How to convert RWT to NGN

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RWT to NGN Conversion tables

The exchange rate of RWT TOKEN is decreasing.
The exchange rate of 1 RWT to Nigerian Naira has changed by -38.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.93%, reaching a high of 0.004721 NGN and a low of 0.004626 NGN . One month ago, the value of 1 RWT was ₦0.04716 NGN , which represents a -90.08% change from its current value. Over the last year, RWT TOKEN has changed by
-
0.09754NGN
, resulting in a change of -95.42% in its value.
24 hours ago1 month ago1 year ago
Amount 14:13 today 24 hours ago 24h change
0.5 RWT
₦0.002344₦0.002323
+0.93%
1 RWT
₦0.004688₦0.004645
+0.93%
5 RWT
₦0.02344₦0.02323
+0.93%
10 RWT
₦0.04688₦0.04645
+0.93%
50 RWT
₦0.2344₦0.2323
+0.93%
100 RWT
₦0.4688₦0.4645
+0.93%
500 RWT
₦2.34₦2.32
+0.93%
1000 RWT
₦4.69₦4.65
+0.93%

RWT to NGN FAQ

How much is 1 RWT TOKEN in NGN?
Right now, the price of 1 RWT TOKEN (RWT) in Nigerian Naira (NGN) is ₦0.004688.
How much RWT can I buy for 1 NGN?
Based on the current exchange rate, you can get 213.29 RWT for 1 NGN.
How do I calculate or convert RWT to NGN?
You can use our RWT to NGN calculator at the top of this page to convert any amount of RWT to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 1,066.45 RWT, while 5 RWT will cost around 0.02344NGN.
What is the highest price of RWT/NGN in history?
The all-time high price of 1 RWT in NGN is ₦0.5140. It remains to be seen if the value of 1 RWT/NGN will exceed the current all-time high.
What is the price trend of RWT TOKEN in NGN?
Over the past 7 days, the exchange rate of RWT TOKEN (RWT) has gone down by 38.95%.   Over the last month, the exchange rate of RWT TOKEN (RWT) has gone down by 90.08% against Nigerian Naira (NGN).

What factors influence the conversion rate of RWT to NGN?

There are many factors that affect the relationship between RWT TOKEN 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 RWT/NGN. When there is positive news in the market about the widespread adoption of RWT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RWT/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RWT/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 RWT/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 RWT TOKEN 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 RWT TOKEN currency pairs: RWT to US Dollar (USD), RWT to Euro (EUR), RWT to Pound Sterling (GBP), RWT to Canadian Dollar (CAD), RWT to Indian Rupee (INR), RWT to Pakistani Rupee (PKR), RWT to Brazilian Real (BRL), RWT to…
The price of RWT TOKEN in the US is $0.₹0.00029173242 USD. Additionally, RWT TOKEN’s price is €0.{5}2763 EUR in the eurozone, £0.{5}2411 GBP in the UK, C$0.{5}4450 CAD in Canada, {5} INR in India, ₨0.0009085 PKR in Pakistan, R$0.{4}1788 BRL in Brazil, and more.
The most popular RWT TOKEN currency pair is the RWT to Nigerian Naira(NGN). The price of 1 RWT TOKEN (RWT) in Nigerian Naira (NGN) is ₦0.004688.

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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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