Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Somali to Nigerian Naira (Somali to NGN)

Somali to NGN Converter and calculator

Somali/NGN: 1 Somali = 141.37 NGN. The price of converting 1 Somali (Somali) to Nigerian Naira (NGN) is 141.37 NGN today.
Somali
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides Somali to NGN real-time exchange rates, making it easy to convert Somali (Somali) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 Somali is currently valued at 141.37 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Somali is currently valued at 141.37 NGN, which means buying 5 Somali would cost 706.83 NGN. Similarly, ₦1 NGN can be converted to 0.007074 Somali, and ₦50 NGN can be converted to 0.03537 Somali, excluding any platform or gas fees.

Convert Somali to NGN

Convert NGN to Somali

Somali
Nigerian Naira
1 Somali
141.37  NGN
Exchange 1 Somali for 141.37 NGN
2 Somali
282.73  NGN
Exchange 2 Somali for 282.73 NGN
5 Somali
706.83  NGN
Exchange 5 Somali for 706.83 NGN
10 Somali
1,413.66  NGN
Exchange 10 Somali for 1,413.66 NGN
20 Somali
2,827.32  NGN
Exchange 20 Somali for 2,827.32 NGN
50 Somali
7,068.29  NGN
Exchange 50 Somali for 7,068.29 NGN
100 Somali
14,136.58  NGN
Exchange 100 Somali for 14,136.58 NGN
200 Somali
28,273.16  NGN
Exchange 200 Somali for 28,273.16 NGN
500 Somali
70,682.9  NGN
Exchange 500 Somali for 70,682.9 NGN
1000 Somali
141,365.8  NGN
Exchange 1000 Somali for 141,365.8 NGN
5000 Somali
706,829.02  NGN
Exchange 5000 Somali for 706,829.02 NGN
10000 Somali
1,413,658.04  NGN
Exchange 10000 Somali for 1,413,658.04 NGN
In the table above, you'll find a comprehensive Somali to NGN converter that shows the value of Somali in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 Somali to NGN, all the way up to 10000 Somali, providing a clear view of their respective values.
Nigerian Naira
Somali
1 NGN
0.007074 Somali
Exchange 1 NGN for 0.007074 Somali
10 NGN
0.07074 Somali
Exchange 10 NGN for 0.07074 Somali
50 NGN
0.3537 Somali
Exchange 50 NGN for 0.3537 Somali
100 NGN
0.7074 Somali
Exchange 100 NGN for 0.7074 Somali
200 NGN
1.41 Somali
Exchange 200 NGN for 1.41 Somali
500 NGN
3.54 Somali
Exchange 500 NGN for 3.54 Somali
1000 NGN
7.07 Somali
Exchange 1000 NGN for 7.07 Somali
2000 NGN
14.15 Somali
Exchange 2000 NGN for 14.15 Somali
5000 NGN
35.37 Somali
Exchange 5000 NGN for 35.37 Somali
10000 NGN
70.74 Somali
Exchange 10000 NGN for 70.74 Somali
50000 NGN
353.69 Somali
Exchange 50000 NGN for 353.69 Somali
100000 NGN
707.38 Somali
Exchange 100000 NGN for 707.38 Somali
In the table above, you'll find a comprehensive NGN to Somali converter that shows the value of Nigerian Naira in Somali across commonly used conversion amounts. The list covers conversions from 1 NGN to Somali, all the way up to 100000 NGN, providing a clear view of their respective values.

Somali to NGN chart

Somali/NGN: 1 Somali = 141.37 NGN; 2025/12/25 15:41:04
In the past 1D, Somali has changed 0.00% to NGN. Based on the trend and price charts, Somali(Somali) has changed 0.00% to NGN while Nigerian Naira(NGN) has changed % to Somali in the last 24 hours.
1D7D1M3M1YAll

Somali to NGN conversion data: Volatility and price changes of Somali in NGN

The highest Somali price in NGN over the past 7 days was -- NGN while the lowest Somali price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Somali price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and Somali 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 NGN
-- NGN
-- NGN
-- NGN
Low
0 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
--
--
--
--

Buy

Sell

Buy Somali (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of Somali with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy Somali with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Somali information

Somali to NGN market statistics

Somali/NGN:
₦141.37
Somali 24h volume:
--
Somali market cap:
₦282,731,598.31
Somali circulating supply:
2.00M Somali

Current Somali to NGN exchange rate

Somali to Nigerian Naira is falling this week.
Somali's current market price is ₦141.37 per Somali, with a total market cap of ₦282,731,598.31 NGN based on a circulating supply of 2,000,000 Somali. The trading volume of Somali has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, Somali's trading volume was ₦--.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 86920.12 USD
popular info ethereum
ETH to USD
1 ETH to 2920.43 USD
popular info ripple
XRP to USD
1 XRP to 1.86 USD
popular info solana
SOL to USD
1 SOL to 122.84 USD
popular info bitcoin
BTC to EUR
1 BTC to 73812.57 EUR
popular info bitcoin
BTC to GBP
1 BTC to 64399.12 GBP
popular info bitcoin
BTC to CAD
1 BTC to 118871.96 CAD
popular info bitcoin
BTC to BRL
1 BTC to 479903.37 BRL
popular info bitcoin
BTC to INR
1 BTC to 7808043.07 INR
popular info pi-network
PI to INR
1 PI to 18.43 INR

Hot promotions

How to convert Somali to NGN

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert Somali to NGN
Choose from cryptocurrencies to trade on Bitget.

Popular Somali Converter

popular info New Taiwan dollar
Somali to TWD
1 Somali to NT$3.06 TWD
popular info Chinese Yuan
Somali to CNY
1 Somali to ¥0.6845 CNY
popular info United States Dollar
Somali to USD
1 Somali to $0.09746 USD
popular info Australian Dollar
Somali to AUD
1 Somali to AU$0.1453 AUD
popular info Euro
Somali to EUR
1 Somali to €0.08276 EUR
popular info Canadian Dollar
Somali to CAD
1 Somali to C$0.1333 CAD
popular info Nigerian Naira
Somali to NGN
1 Somali to ₦141.37 NGN
popular info South Korean Won
Somali to KRW
1 Somali to ₩140.87 KRW
popular info Japanese Yen
Somali to JPY
1 Somali to ¥15.2 JPY
popular info Pound Sterling
Somali to GBP
1 Somali to £0.07221 GBP
popular info Brazilian Real
Somali to BRL
1 Somali to R$0.5381 BRL

Popular cryptocurrencies to NGN

other assets Beefy
BIFI to NGN
1 BIFI to ₦492,761.51 NGN
other assets ZEROBASE
ZBT to NGN
1 ZBT to ₦214.92 NGN
other assets Vision
VSN to NGN
1 VSN to ₦125.26 NGN
other assets OVERTAKE
TAKE to NGN
1 TAKE to ₦459.18 NGN
other assets 0G
0G to NGN
1 0G to ₦1,528.95 NGN
other assets Monad
MON to NGN
1 MON to ₦34.36 NGN
other assets Lava Network
LAVA to NGN
1 LAVA to ₦249.78 NGN
other assets Newton Protocol
NEWT to NGN
1 NEWT to ₦167.41 NGN
other assets Parcl
PRCL to NGN
1 PRCL to ₦40 NGN
other assets Harvest Finance
FARM to NGN
1 FARM to ₦29,971.62 NGN

Somali to NGN Conversion tables

The exchange rate of Somali is decreasing.
The exchange rate of 1 Somali to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 NGN and a low of 0 NGN . One month ago, the value of 1 Somali was ₦-- NGN , which represents a --% change from its current value. Over the last year, Somali has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 15:41 today 24 hours ago 24h change
0.5 Somali
₦70.68₦--
0.00%
1 Somali
₦141.37₦--
0.00%
5 Somali
₦706.83₦--
0.00%
10 Somali
₦1,413.66₦--
0.00%
50 Somali
₦7,068.29₦--
0.00%
100 Somali
₦14,136.58₦--
0.00%
500 Somali
₦70,682.9₦--
0.00%
1000 Somali
₦141,365.8₦--
0.00%

Somali to NGN FAQ

How much is 1 Somali in NGN?
Right now, the price of 1 Somali (Somali) in Nigerian Naira (NGN) is ₦141.37.
How much Somali can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.007074 Somali for 1 NGN.
How do I calculate or convert Somali to NGN?
You can use our Somali to NGN calculator at the top of this page to convert any amount of Somali to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.03537 Somali, while 5 Somali will cost around 706.83NGN.
What is the highest price of Somali/NGN in history?
The all-time high price of 1 Somali in NGN is --. It remains to be seen if the value of 1 Somali/NGN will exceed the current all-time high.
What is the price trend of Somali in NGN?
Over the past 7 days, the exchange rate of Somali (Somali) has gone down by --.   Over the last month, the exchange rate of Somali (Somali) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of Somali to NGN?

There are many factors that affect the relationship between Somali 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 Somali/NGN. When there is positive news in the market about the widespread adoption of Somali or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Somali/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Somali/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 Somali/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 Somali 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 Somali currency pairs: Somali to US Dollar (USD), Somali to Euro (EUR), Somali to Pound Sterling (GBP), Somali to Canadian Dollar (CAD), Somali to Indian Rupee (INR), Somali to Pakistani Rupee (PKR), Somali to Brazilian Real (BRL), Somali to…
The price of Somali in the US is $0.09746 USD. Additionally, Somali’s price is €0.08276 EUR in the eurozone, £0.07221 GBP in the UK, C$0.1333 CAD in Canada, ₹8.75 INR in India, ₨27.3 PKR in Pakistan, R$0.5381 BRL in Brazil, and more.
The most popular Somali currency pair is the Somali to Nigerian Naira(NGN). The price of 1 Somali (Somali) in Nigerian Naira (NGN) is ₦141.37.

Popular fiat

Popular areas

Purchase other cryptocurrencies with similar market cap

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.
share
© 2025 Bitget