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GainX to Nigerian Naira (GNX to NGN)

GNX to NGN Converter and calculator

GNX/NGN: 1 GNX = 1,649.72 NGN. The price of converting 1 GainX (GNX) to Nigerian Naira (NGN) is 1,649.72 NGN today.
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GNX
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GNX to NGN real-time exchange rates, making it easy to convert GainX (GNX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 GNX is currently valued at 1,649.72 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GNX is currently valued at 1,649.72 NGN, which means buying 5 GNX would cost 8,248.61 NGN. Similarly, ₦1 NGN can be converted to 0.0006062 GNX, and ₦50 NGN can be converted to 0.003031 GNX, excluding any platform or gas fees.

Convert GNX to NGN

Convert NGN to GNX

GainX
Nigerian Naira
1 GNX
1,649.72  NGN
Exchange 1 GNX for 1,649.72 NGN
2 GNX
3,299.45  NGN
Exchange 2 GNX for 3,299.45 NGN
5 GNX
8,248.61  NGN
Exchange 5 GNX for 8,248.61 NGN
10 GNX
16,497.23  NGN
Exchange 10 GNX for 16,497.23 NGN
20 GNX
32,994.46  NGN
Exchange 20 GNX for 32,994.46 NGN
50 GNX
82,486.14  NGN
Exchange 50 GNX for 82,486.14 NGN
100 GNX
164,972.28  NGN
Exchange 100 GNX for 164,972.28 NGN
200 GNX
329,944.57  NGN
Exchange 200 GNX for 329,944.57 NGN
500 GNX
824,861.42  NGN
Exchange 500 GNX for 824,861.42 NGN
1000 GNX
1,649,722.84  NGN
Exchange 1000 GNX for 1,649,722.84 NGN
5000 GNX
8,248,614.21  NGN
Exchange 5000 GNX for 8,248,614.21 NGN
10000 GNX
16,497,228.42  NGN
Exchange 10000 GNX for 16,497,228.42 NGN
In the table above, you'll find a comprehensive GNX to NGN converter that shows the value of GainX in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 GNX to NGN, all the way up to 10000 GNX, providing a clear view of their respective values.
Nigerian Naira
GainX
1 NGN
0.0006062 GNX
Exchange 1 NGN for 0.0006062 GNX
10 NGN
0.006062 GNX
Exchange 10 NGN for 0.006062 GNX
50 NGN
0.03031 GNX
Exchange 50 NGN for 0.03031 GNX
100 NGN
0.06062 GNX
Exchange 100 NGN for 0.06062 GNX
200 NGN
0.1212 GNX
Exchange 200 NGN for 0.1212 GNX
500 NGN
0.3031 GNX
Exchange 500 NGN for 0.3031 GNX
1000 NGN
0.6062 GNX
Exchange 1000 NGN for 0.6062 GNX
2000 NGN
1.21 GNX
Exchange 2000 NGN for 1.21 GNX
5000 NGN
3.03 GNX
Exchange 5000 NGN for 3.03 GNX
10000 NGN
6.06 GNX
Exchange 10000 NGN for 6.06 GNX
50000 NGN
30.31 GNX
Exchange 50000 NGN for 30.31 GNX
100000 NGN
60.62 GNX
Exchange 100000 NGN for 60.62 GNX
In the table above, you'll find a comprehensive NGN to GNX converter that shows the value of Nigerian Naira in GainX across commonly used conversion amounts. The list covers conversions from 1 NGN to GNX, all the way up to 100000 NGN, providing a clear view of their respective values.

GNX to NGN chart

GNX/NGN: 1 GNX = 1,649.72 NGN; 2025/12/30 03:36:12
In the past 1D, GainX has changed +159.05% to NGN. Based on the trend and price charts, GainX(GNX) has changed +159.05% to NGN while Nigerian Naira(NGN) has changed % to GNX in the last 24 hours.
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GNX to NGN conversion data: Volatility and price changes of GainX in NGN

The highest GainX price in NGN over the past 7 days was 1,654.5 NGN while the lowest GainX price in NGN over the past 7 days was 621.23 NGN. The relative change between the highs and lows in GainX price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and GNX 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
1,654.5 NGN
1,654.5 NGN
1,654.5 NGN
1,654.5 NGN
Low
621.23 NGN
621.23 NGN
621.23 NGN
621.23 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+159.05%
+165.52%
+165.56%
+159.35%

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GainX information

GNX to NGN market statistics

GNX/NGN:
₦1,649.72
GNX 24h volume:
--
GNX market cap:
--
GNX circulating supply:
0 GNX

Current GNX to NGN exchange rate

GainX to Nigerian Naira is rising this week.
GainX's current market price is ₦1,649.72 per GNX, with a total market cap of ₦0 NGN based on a circulating supply of -- GNX. The trading volume of GainX has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, GNX's trading volume was ₦0.

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

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How to convert GNX to NGN

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GNX to NGN Conversion tables

The exchange rate of GainX is increasing.
The exchange rate of 1 GNX to Nigerian Naira has changed by +165.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +159.05%, reaching a high of 1,654.5 NGN and a low of 621.23 NGN . One month ago, the value of 1 GNX was ₦-0.12 NGN , which represents a +165.56% change from its current value. Over the last year, GainX has changed by
+
194.45NGN
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount 03:36 am today 24 hours ago 24h change
0.5 GNX
₦824.86₦-0.05899
+159.05%
1 GNX
₦1,649.72₦-0.1180
+159.05%
5 GNX
₦8,248.61₦-0.5899
+159.05%
10 GNX
₦16,497.23₦-1.1798
+159.05%
50 GNX
₦82,486.14₦-5.8989
+159.05%
100 GNX
₦164,972.28₦-11.7977
+159.05%
500 GNX
₦824,861.42₦-58.9886
+159.05%
1000 GNX
₦1,649,722.84₦-117.9773
+159.05%

GNX to NGN FAQ

How much is 1 GainX in NGN?
Right now, the price of 1 GainX (GNX) in Nigerian Naira (NGN) is ₦1,649.72.
How much GNX can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.0006062 GNX for 1 NGN.
How do I calculate or convert GNX to NGN?
You can use our GNX to NGN calculator at the top of this page to convert any amount of GNX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.003031 GNX, while 5 GNX will cost around 8,248.61NGN.
What is the highest price of GNX/NGN in history?
The all-time high price of 1 GNX in NGN is ₦1,654.5. It remains to be seen if the value of 1 GNX/NGN will exceed the current all-time high.
What is the price trend of GainX in NGN?
Over the past 7 days, the exchange rate of GainX (GNX) has gone up by 165.52%.   Over the last month, the exchange rate of GainX (GNX) has gone up by 165.56% against Nigerian Naira (NGN).

What factors influence the conversion rate of GNX to NGN?

There are many factors that affect the relationship between GainX 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 GNX/NGN. When there is positive news in the market about the widespread adoption of GNX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GNX/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GNX/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 GNX/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 GainX 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 GainX currency pairs: GNX to US Dollar (USD), GNX to Euro (EUR), GNX to Pound Sterling (GBP), GNX to Canadian Dollar (CAD), GNX to Indian Rupee (INR), GNX to Pakistani Rupee (PKR), GNX to Brazilian Real (BRL), GNX to…
The price of GainX in the US is $1.13 USD. Additionally, GainX’s price is €0.9627 EUR in the eurozone, £0.8391 GBP in the UK, C$1.55 CAD in Canada, ₹101.9 INR in India, ₨317.61 PKR in Pakistan, R$6.31 BRL in Brazil, and more.
The most popular GainX currency pair is the GNX to Nigerian Naira(NGN). The price of 1 GainX (GNX) in Nigerian Naira (NGN) is ₦1,649.72.

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