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TheHobby to NGN Converter and calculator

TheHobby/NGN: 1 TheHobby = 0.05086 NGN. The price of converting 1 TheHobby (TheHobby) to Nigerian Naira (NGN) is 0.05086 NGN today.
TheHobby
TheHobby
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides TheHobby to NGN real-time exchange rates, making it easy to convert TheHobby (TheHobby) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 TheHobby is currently valued at 0.05086 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 TheHobby is currently valued at 0.05086 NGN, which means buying 5 TheHobby would cost 0.2543 NGN. Similarly, ₦1 NGN can be converted to 19.66 TheHobby, and ₦50 NGN can be converted to 98.31 TheHobby, excluding any platform or gas fees.

Convert TheHobby to NGN

Convert NGN to TheHobby

TheHobby
Nigerian Naira
1 TheHobby
0.05086  NGN
Exchange 1 TheHobby for 0.05086 NGN
2 TheHobby
0.1017  NGN
Exchange 2 TheHobby for 0.1017 NGN
5 TheHobby
0.2543  NGN
Exchange 5 TheHobby for 0.2543 NGN
10 TheHobby
0.5086  NGN
Exchange 10 TheHobby for 0.5086 NGN
20 TheHobby
1.02  NGN
Exchange 20 TheHobby for 1.02 NGN
50 TheHobby
2.54  NGN
Exchange 50 TheHobby for 2.54 NGN
100 TheHobby
5.09  NGN
Exchange 100 TheHobby for 5.09 NGN
200 TheHobby
10.17  NGN
Exchange 200 TheHobby for 10.17 NGN
500 TheHobby
25.43  NGN
Exchange 500 TheHobby for 25.43 NGN
1000 TheHobby
50.86  NGN
Exchange 1000 TheHobby for 50.86 NGN
5000 TheHobby
254.31  NGN
Exchange 5000 TheHobby for 254.31 NGN
10000 TheHobby
508.61  NGN
Exchange 10000 TheHobby for 508.61 NGN
In the table above, you'll find a comprehensive TheHobby to NGN converter that shows the value of TheHobby in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 TheHobby to NGN, all the way up to 10000 TheHobby, providing a clear view of their respective values.
Nigerian Naira
TheHobby
1 NGN
19.66 TheHobby
Exchange 1 NGN for 19.66 TheHobby
10 NGN
196.61 TheHobby
Exchange 10 NGN for 196.61 TheHobby
50 NGN
983.07 TheHobby
Exchange 50 NGN for 983.07 TheHobby
100 NGN
1,966.14 TheHobby
Exchange 100 NGN for 1,966.14 TheHobby
200 NGN
3,932.28 TheHobby
Exchange 200 NGN for 3,932.28 TheHobby
500 NGN
9,830.69 TheHobby
Exchange 500 NGN for 9,830.69 TheHobby
1000 NGN
19,661.38 TheHobby
Exchange 1000 NGN for 19,661.38 TheHobby
2000 NGN
39,322.76 TheHobby
Exchange 2000 NGN for 39,322.76 TheHobby
5000 NGN
98,306.9 TheHobby
Exchange 5000 NGN for 98,306.9 TheHobby
10000 NGN
196,613.8 TheHobby
Exchange 10000 NGN for 196,613.8 TheHobby
50000 NGN
983,069.01 TheHobby
Exchange 50000 NGN for 983,069.01 TheHobby
100000 NGN
1,966,138.03 TheHobby
Exchange 100000 NGN for 1,966,138.03 TheHobby
In the table above, you'll find a comprehensive NGN to TheHobby converter that shows the value of Nigerian Naira in TheHobby across commonly used conversion amounts. The list covers conversions from 1 NGN to TheHobby, all the way up to 100000 NGN, providing a clear view of their respective values.

TheHobby to NGN chart

TheHobby/NGN: 1 TheHobby = 0.05086 NGN; 2025/09/15 21:19:26
In the past 1D, TheHobby has changed -0.79% to NGN. Based on the trend and price charts, TheHobby(TheHobby) has changed -0.79% to NGN while Nigerian Naira(NGN) has changed % to TheHobby in the last 24 hours.
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TheHobby to NGN conversion data: Volatility and price changes of TheHobby in NGN

The highest TheHobby price in NGN over the past 7 days was -- NGN while the lowest TheHobby price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in TheHobby price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and TheHobby 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
0.2840 NGN
-- NGN
-- NGN
-- NGN
Low
0.04516 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.79%
--
--
--

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

TheHobby to NGN market statistics

TheHobby/NGN:
₦0.05086
TheHobby 24h volume:
₦202,658,820.97
TheHobby market cap:
₦50,860,517.71
TheHobby circulating supply:
999.99M TheHobby

Current TheHobby to NGN exchange rate

TheHobby to Nigerian Naira is falling this week.
TheHobby's current market price is ₦0.05086 per TheHobby, with a total market cap of ₦50,860,517.71 NGN based on a circulating supply of 999,988,000 TheHobby. The trading volume of TheHobby has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, TheHobby's trading volume was ₦--.

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

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How to convert TheHobby to NGN

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TheHobby to NGN Conversion tables

The exchange rate of TheHobby is decreasing.
The exchange rate of 1 TheHobby to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.79%, reaching a high of 0.2840 NGN and a low of 0.04516 NGN . One month ago, the value of 1 TheHobby was ₦-- NGN , which represents a --% change from its current value. Over the last year, TheHobby has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 21:19 today 24 hours ago 24h change
0.5 TheHobby
₦0.02543₦--
-0.79%
1 TheHobby
₦0.05086₦--
-0.79%
5 TheHobby
₦0.2543₦--
-0.79%
10 TheHobby
₦0.5086₦--
-0.79%
50 TheHobby
₦2.54₦--
-0.79%
100 TheHobby
₦5.09₦--
-0.79%
500 TheHobby
₦25.43₦--
-0.79%
1000 TheHobby
₦50.86₦--
-0.79%

TheHobby to NGN FAQ

How much is 1 TheHobby in NGN?
Right now, the price of 1 TheHobby (TheHobby) in Nigerian Naira (NGN) is ₦0.05086.
How much TheHobby can I buy for 1 NGN?
Based on the current exchange rate, you can get 19.66 TheHobby for 1 NGN.
How do I calculate or convert TheHobby to NGN?
You can use our TheHobby to NGN calculator at the top of this page to convert any amount of TheHobby to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 98.31 TheHobby, while 5 TheHobby will cost around 0.2543NGN.
What is the highest price of TheHobby/NGN in history?
The all-time high price of 1 TheHobby in NGN is --. It remains to be seen if the value of 1 TheHobby/NGN will exceed the current all-time high.
What is the price trend of TheHobby in NGN?
Over the past 7 days, the exchange rate of TheHobby (TheHobby) has gone down by --.   Over the last month, the exchange rate of TheHobby (TheHobby) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of TheHobby to NGN?

There are many factors that affect the relationship between TheHobby 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 TheHobby/NGN. When there is positive news in the market about the widespread adoption of TheHobby or major technological breakthroughs, it tends to trigger market optimism and drive the rise of TheHobby/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in TheHobby/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 TheHobby/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 TheHobby 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 TheHobby currency pairs: TheHobby to US Dollar (USD), TheHobby to Euro (EUR), TheHobby to Pound Sterling (GBP), TheHobby to Canadian Dollar (CAD), TheHobby to Indian Rupee (INR), TheHobby to Pakistani Rupee (PKR), TheHobby to Brazilian Real (BRL), TheHobby to…
The price of TheHobby in the US is $0.{4}3393 USD. Additionally, TheHobby’s price is €0.{4}2882 EUR in the eurozone, £0.{4}2493 GBP in the UK, C$0.{4}4672 CAD in Canada, ₹0.002990 INR in India, ₨0.009617 PKR in Pakistan, R$0.0001804 BRL in Brazil, and more.
The most popular TheHobby currency pair is the TheHobby to Nigerian Naira(NGN). The price of 1 TheHobby (TheHobby) in Nigerian Naira (NGN) is ₦0.05086.

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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.