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OREX to NGN Converter and calculator

OREX/NGN: 1 OREX = 0.09741 NGN. The price of converting 1 OREx (OREX) to Nigerian Naira (NGN) is 0.09741 NGN today.
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OREX
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OREX to NGN real-time exchange rates, making it easy to convert OREx (OREX) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 OREX is currently valued at 0.09741 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OREX is currently valued at 0.09741 NGN, which means buying 5 OREX would cost 0.4870 NGN. Similarly, ₦1 NGN can be converted to 10.27 OREX, and ₦50 NGN can be converted to 51.33 OREX, excluding any platform or gas fees.

Convert OREX to NGN

Convert NGN to OREX

OREx
Nigerian Naira
1 OREX
0.09741  NGN
Exchange 1 OREX for 0.09741 NGN
2 OREX
0.1948  NGN
Exchange 2 OREX for 0.1948 NGN
5 OREX
0.4870  NGN
Exchange 5 OREX for 0.4870 NGN
10 OREX
0.9741  NGN
Exchange 10 OREX for 0.9741 NGN
20 OREX
1.95  NGN
Exchange 20 OREX for 1.95 NGN
50 OREX
4.87  NGN
Exchange 50 OREX for 4.87 NGN
100 OREX
9.74  NGN
Exchange 100 OREX for 9.74 NGN
200 OREX
19.48  NGN
Exchange 200 OREX for 19.48 NGN
500 OREX
48.7  NGN
Exchange 500 OREX for 48.7 NGN
1000 OREX
97.41  NGN
Exchange 1000 OREX for 97.41 NGN
5000 OREX
487.04  NGN
Exchange 5000 OREX for 487.04 NGN
10000 OREX
974.08  NGN
Exchange 10000 OREX for 974.08 NGN
In the table above, you'll find a comprehensive OREX to NGN converter that shows the value of OREx in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 OREX to NGN, all the way up to 10000 OREX, providing a clear view of their respective values.
Nigerian Naira
OREx
1 NGN
10.27 OREX
Exchange 1 NGN for 10.27 OREX
10 NGN
102.66 OREX
Exchange 10 NGN for 102.66 OREX
50 NGN
513.31 OREX
Exchange 50 NGN for 513.31 OREX
100 NGN
1,026.61 OREX
Exchange 100 NGN for 1,026.61 OREX
200 NGN
2,053.22 OREX
Exchange 200 NGN for 2,053.22 OREX
500 NGN
5,133.05 OREX
Exchange 500 NGN for 5,133.05 OREX
1000 NGN
10,266.1 OREX
Exchange 1000 NGN for 10,266.1 OREX
2000 NGN
20,532.21 OREX
Exchange 2000 NGN for 20,532.21 OREX
5000 NGN
51,330.52 OREX
Exchange 5000 NGN for 51,330.52 OREX
10000 NGN
102,661.05 OREX
Exchange 10000 NGN for 102,661.05 OREX
50000 NGN
513,305.24 OREX
Exchange 50000 NGN for 513,305.24 OREX
100000 NGN
1,026,610.48 OREX
Exchange 100000 NGN for 1,026,610.48 OREX
In the table above, you'll find a comprehensive NGN to OREX converter that shows the value of Nigerian Naira in OREx across commonly used conversion amounts. The list covers conversions from 1 NGN to OREX, all the way up to 100000 NGN, providing a clear view of their respective values.

OREX to NGN chart

OREX/NGN: 1 OREX = 0.09741 NGN; 2025/12/07 14:27:34
In the past 1D, OREx has changed +0.08% to NGN. Based on the trend and price charts, OREx(OREX) has changed +0.08% to NGN while Nigerian Naira(NGN) has changed % to OREX in the last 24 hours.
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OREX to NGN conversion data: Volatility and price changes of OREx in NGN

The highest OREx price in NGN over the past 7 days was -- NGN while the lowest OREx price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in OREx price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and OREX 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
0.1211 NGN
-- NGN
-- NGN
-- NGN
Low
0.08913 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.08%
--
--
--

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OREx information

OREX to NGN market statistics

OREX/NGN:
₦0.09741
OREX 24h volume:
₦5,425,237.64
OREX market cap:
₦86,945,731.73
OREX circulating supply:
892.59M OREX

Current OREX to NGN exchange rate

OREx to Nigerian Naira is falling this week.
OREx's current market price is ₦0.09741 per OREX, with a total market cap of ₦86,945,731.73 NGN based on a circulating supply of 892,594,000 OREX. The trading volume of OREx has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, OREX's trading volume was ₦--.

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

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How to convert OREX to NGN

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OREX to NGN Conversion tables

The exchange rate of OREx is decreasing.
The exchange rate of 1 OREX to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.08%, reaching a high of 0.1211 NGN and a low of 0.08913 NGN . One month ago, the value of 1 OREX was ₦-- NGN , which represents a --% change from its current value. Over the last year, OREx has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 14:27 today 24 hours ago 24h change
0.5 OREX
₦0.04870₦--
+0.08%
1 OREX
₦0.09741₦--
+0.08%
5 OREX
₦0.4870₦--
+0.08%
10 OREX
₦0.9741₦--
+0.08%
50 OREX
₦4.87₦--
+0.08%
100 OREX
₦9.74₦--
+0.08%
500 OREX
₦48.7₦--
+0.08%
1000 OREX
₦97.41₦--
+0.08%

OREX to NGN FAQ

How much is 1 OREx in NGN?
Right now, the price of 1 OREx (OREX) in Nigerian Naira (NGN) is ₦0.09741.
How much OREX can I buy for 1 NGN?
Based on the current exchange rate, you can get 10.27 OREX for 1 NGN.
How do I calculate or convert OREX to NGN?
You can use our OREX to NGN calculator at the top of this page to convert any amount of OREX to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 51.33 OREX, while 5 OREX will cost around 0.4870NGN.
What is the highest price of OREX/NGN in history?
The all-time high price of 1 OREX in NGN is --. It remains to be seen if the value of 1 OREX/NGN will exceed the current all-time high.
What is the price trend of OREx in NGN?
Over the past 7 days, the exchange rate of OREx (OREX) has gone down by --.   Over the last month, the exchange rate of OREx (OREX) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of OREX to NGN?

There are many factors that affect the relationship between OREx 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 OREX/NGN. When there is positive news in the market about the widespread adoption of OREX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OREX/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OREX/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 OREX/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 OREx 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 OREx currency pairs: OREX to US Dollar (USD), OREX to Euro (EUR), OREX to Pound Sterling (GBP), OREX to Canadian Dollar (CAD), OREX to Indian Rupee (INR), OREX to Pakistani Rupee (PKR), OREX to Brazilian Real (BRL), OREX to…
The price of OREx in the US is $0.{4}6714 USD. Additionally, OREx’s price is €0.{4}5766 EUR in the eurozone, £0.{4}5031 GBP in the UK, C$0.{4}9284 CAD in Canada, ₹0.006040 INR in India, ₨0.01882 PKR in Pakistan, R$0.0003652 BRL in Brazil, and more.
The most popular OREx currency pair is the OREX to Nigerian Naira(NGN). The price of 1 OREx (OREX) in Nigerian Naira (NGN) is ₦0.09741.

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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.