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XL1 to NGN Converter and calculator

XL1/NGN: 1 XL1 = 0.9893 NGN. The price of converting 1 XL1 (XL1) to Nigerian Naira (NGN) is 0.9893 NGN today.
XL1
XL1
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides XL1 to NGN real-time exchange rates, making it easy to convert XL1 (XL1) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 XL1 is currently valued at 0.9893 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 XL1 is currently valued at 0.9893 NGN, which means buying 5 XL1 would cost 4.95 NGN. Similarly, ₦1 NGN can be converted to 1.01 XL1, and ₦50 NGN can be converted to 5.05 XL1, excluding any platform or gas fees.

Convert XL1 to NGN

Convert NGN to XL1

XL1
Nigerian Naira
1 XL1
0.9893  NGN
Exchange 1 XL1 for 0.9893 NGN
2 XL1
1.98  NGN
Exchange 2 XL1 for 1.98 NGN
5 XL1
4.95  NGN
Exchange 5 XL1 for 4.95 NGN
10 XL1
9.89  NGN
Exchange 10 XL1 for 9.89 NGN
20 XL1
19.79  NGN
Exchange 20 XL1 for 19.79 NGN
50 XL1
49.47  NGN
Exchange 50 XL1 for 49.47 NGN
100 XL1
98.93  NGN
Exchange 100 XL1 for 98.93 NGN
200 XL1
197.86  NGN
Exchange 200 XL1 for 197.86 NGN
500 XL1
494.66  NGN
Exchange 500 XL1 for 494.66 NGN
1000 XL1
989.32  NGN
Exchange 1000 XL1 for 989.32 NGN
5000 XL1
4,946.59  NGN
Exchange 5000 XL1 for 4,946.59 NGN
10000 XL1
9,893.19  NGN
Exchange 10000 XL1 for 9,893.19 NGN
In the table above, you'll find a comprehensive XL1 to NGN converter that shows the value of XL1 in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 XL1 to NGN, all the way up to 10000 XL1, providing a clear view of their respective values.
Nigerian Naira
XL1
1 NGN
1.01 XL1
Exchange 1 NGN for 1.01 XL1
10 NGN
10.11 XL1
Exchange 10 NGN for 10.11 XL1
50 NGN
50.54 XL1
Exchange 50 NGN for 50.54 XL1
100 NGN
101.08 XL1
Exchange 100 NGN for 101.08 XL1
200 NGN
202.16 XL1
Exchange 200 NGN for 202.16 XL1
500 NGN
505.4 XL1
Exchange 500 NGN for 505.4 XL1
1000 NGN
1,010.8 XL1
Exchange 1000 NGN for 1,010.8 XL1
2000 NGN
2,021.59 XL1
Exchange 2000 NGN for 2,021.59 XL1
5000 NGN
5,053.98 XL1
Exchange 5000 NGN for 5,053.98 XL1
10000 NGN
10,107.97 XL1
Exchange 10000 NGN for 10,107.97 XL1
50000 NGN
50,539.83 XL1
Exchange 50000 NGN for 50,539.83 XL1
100000 NGN
101,079.65 XL1
Exchange 100000 NGN for 101,079.65 XL1
In the table above, you'll find a comprehensive NGN to XL1 converter that shows the value of Nigerian Naira in XL1 across commonly used conversion amounts. The list covers conversions from 1 NGN to XL1, all the way up to 100000 NGN, providing a clear view of their respective values.

XL1 to NGN chart

XL1/NGN: 1 XL1 = 0.9893 NGN; 2025/11/17 23:37:24
In the past 1D, XL1 has changed +1.74% to NGN. Based on the trend and price charts, XL1(XL1) has changed +1.74% to NGN while Nigerian Naira(NGN) has changed % to XL1 in the last 24 hours.
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XL1 to NGN conversion data: Volatility and price changes of XL1 in NGN

The highest XL1 price in NGN over the past 7 days was 1.09 NGN while the lowest XL1 price in NGN over the past 7 days was 0.9515 NGN. The relative change between the highs and lows in XL1 price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and XL1 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
1.06 NGN
1.09 NGN
1.79 NGN
5.13 NGN
Low
0.9656 NGN
0.9515 NGN
0.9515 NGN
0.9515 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.74%
-8.88%
-42.62%
-62.64%

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Bitget P2P trading does not currently support direct buying of XL1 with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy XL1 with USDT via Bitget spot market.
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XL1 information

XL1 to NGN market statistics

XL1/NGN:
₦0.9893
XL1 24h volume:
₦8,632,987,872.31
XL1 market cap:
₦5,677,934,193.99
XL1 circulating supply:
5.74B XL1

Current XL1 to NGN exchange rate

XL1 to Nigerian Naira is falling this week.
XL1's current market price is ₦0.9893 per XL1, with a total market cap of ₦5,677,934,193.99 NGN based on a circulating supply of 5,739,236,000 XL1. The trading volume of XL1 has changed by +9.46% (₦746,258,140.67 NGN) in the last 24 hours. Last trading day, XL1's trading volume was ₦7,886,729,731.65.

More info about XL1 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 XL1 currency pair is the XL1 to NGN, with for XL1's currency code being XL1. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

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How to convert XL1 to NGN

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XL1 to NGN Conversion tables

The exchange rate of XL1 is decreasing.
The exchange rate of 1 XL1 to Nigerian Naira has changed by -8.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.74%, reaching a high of 1.06 NGN and a low of 0.9656 NGN . One month ago, the value of 1 XL1 was ₦1.72 NGN , which represents a -42.62% change from its current value. Over the last year, XL1 has changed by
+
0.9898NGN
, resulting in a change of -62.64% in its value.
24 hours ago1 month ago1 year ago
Amount 23:37 today 24 hours ago 24h change
0.5 XL1
₦0.4947₦0.4862
+1.74%
1 XL1
₦0.9893₦0.9724
+1.74%
5 XL1
₦4.95₦4.86
+1.74%
10 XL1
₦9.89₦9.72
+1.74%
50 XL1
₦49.47₦48.62
+1.74%
100 XL1
₦98.93₦97.24
+1.74%
500 XL1
₦494.66₦486.19
+1.74%
1000 XL1
₦989.32₦972.38
+1.74%

XL1 to NGN FAQ

How much is 1 XL1 in NGN?
Right now, the price of 1 XL1 (XL1) in Nigerian Naira (NGN) is ₦0.9893.
How much XL1 can I buy for 1 NGN?
Based on the current exchange rate, you can get 1.01 XL1 for 1 NGN.
How do I calculate or convert XL1 to NGN?
You can use our XL1 to NGN calculator at the top of this page to convert any amount of XL1 to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 5.05 XL1, while 5 XL1 will cost around 4.95NGN.
What is the highest price of XL1/NGN in history?
The all-time high price of 1 XL1 in NGN is ₦5.13. It remains to be seen if the value of 1 XL1/NGN will exceed the current all-time high.
What is the price trend of XL1 in NGN?
Over the past 7 days, the exchange rate of XL1 (XL1) has gone down by 8.88%.   Over the last month, the exchange rate of XL1 (XL1) has gone down by 42.62% against Nigerian Naira (NGN).

What factors influence the conversion rate of XL1 to NGN?

There are many factors that affect the relationship between XL1 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 XL1/NGN. When there is positive news in the market about the widespread adoption of XL1 or major technological breakthroughs, it tends to trigger market optimism and drive the rise of XL1/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in XL1/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 XL1/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 XL1 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 XL1 currency pairs: XL1 to US Dollar (USD), XL1 to Euro (EUR), XL1 to Pound Sterling (GBP), XL1 to Canadian Dollar (CAD), XL1 to Indian Rupee (INR), XL1 to Pakistani Rupee (PKR), XL1 to Brazilian Real (BRL), XL1 to…
The price of XL1 in the US is $0.0006846 USD. Additionally, XL1’s price is €0.0005906 EUR in the eurozone, £0.0005203 GBP in the UK, C$0.0009622 CAD in Canada, ₹0.06068 INR in India, ₨0.1930 PKR in Pakistan, R$0.003648 BRL in Brazil, and more.
The most popular XL1 currency pair is the XL1 to Nigerian Naira(NGN). The price of 1 XL1 (XL1) in Nigerian Naira (NGN) is ₦0.9893.

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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.