Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

SHIB to NGN Converter and calculator

SHIB/NGN: 1 SHIB = 0.01247 NGN. The price of converting 1 Shiba Inu coin (SHIB) to Nigerian Naira (NGN) is 0.01247 NGN today.
SHIB
SHIB
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides SHIB to NGN real-time exchange rates, making it easy to convert Shiba Inu coin (SHIB) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SHIB is currently valued at 0.01247 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHIB is currently valued at 0.01247 NGN, which means buying 5 SHIB would cost 0.06233 NGN. Similarly, ₦1 NGN can be converted to 80.22 SHIB, and ₦50 NGN can be converted to 401.12 SHIB, excluding any platform or gas fees.
Bitget Pre-market:you can sell or buy the currencies that will be listed in advance.  Trade Now >>
New users can get a welcome gift package worth 6200U, Claim it now>>

Convert SHIB to NGN

Convert NGN to SHIB

Shiba Inu coin
Nigerian Naira
1 SHIB
0.01247  NGN
Exchange 1 SHIB for 0.01247 NGN
2 SHIB
0.02493  NGN
Exchange 2 SHIB for 0.02493 NGN
5 SHIB
0.06233  NGN
Exchange 5 SHIB for 0.06233 NGN
10 SHIB
0.1247  NGN
Exchange 10 SHIB for 0.1247 NGN
20 SHIB
0.2493  NGN
Exchange 20 SHIB for 0.2493 NGN
50 SHIB
0.6233  NGN
Exchange 50 SHIB for 0.6233 NGN
100 SHIB
1.25  NGN
Exchange 100 SHIB for 1.25 NGN
200 SHIB
2.49  NGN
Exchange 200 SHIB for 2.49 NGN
500 SHIB
6.23  NGN
Exchange 500 SHIB for 6.23 NGN
1000 SHIB
12.47  NGN
Exchange 1000 SHIB for 12.47 NGN
5000 SHIB
62.33  NGN
Exchange 5000 SHIB for 62.33 NGN
10000 SHIB
124.65  NGN
Exchange 10000 SHIB for 124.65 NGN
In the table above, you'll find a comprehensive SHIB to NGN converter that shows the value of Shiba Inu coin in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SHIB to NGN, all the way up to 10000 SHIB, providing a clear view of their respective values.
Nigerian Naira
Shiba Inu coin
1 NGN
80.22 SHIB
Exchange 1 NGN for 80.22 SHIB
10 NGN
802.23 SHIB
Exchange 10 NGN for 802.23 SHIB
50 NGN
4,011.17 SHIB
Exchange 50 NGN for 4,011.17 SHIB
100 NGN
8,022.34 SHIB
Exchange 100 NGN for 8,022.34 SHIB
200 NGN
16,044.67 SHIB
Exchange 200 NGN for 16,044.67 SHIB
500 NGN
40,111.68 SHIB
Exchange 500 NGN for 40,111.68 SHIB
1000 NGN
80,223.36 SHIB
Exchange 1000 NGN for 80,223.36 SHIB
2000 NGN
160,446.72 SHIB
Exchange 2000 NGN for 160,446.72 SHIB
5000 NGN
401,116.79 SHIB
Exchange 5000 NGN for 401,116.79 SHIB
10000 NGN
802,233.58 SHIB
Exchange 10000 NGN for 802,233.58 SHIB
50000 NGN
4,011,167.89 SHIB
Exchange 50000 NGN for 4,011,167.89 SHIB
100000 NGN
8,022,335.79 SHIB
Exchange 100000 NGN for 8,022,335.79 SHIB
In the table above, you'll find a comprehensive NGN to SHIB converter that shows the value of Nigerian Naira in Shiba Inu coin across commonly used conversion amounts. The list covers conversions from 1 NGN to SHIB, all the way up to 100000 NGN, providing a clear view of their respective values.

SHIB to NGN chart

SHIB/NGN: 1 SHIB = 0.01247 NGN; 2025/12/05 05:28:47
In the past 1D, Shiba Inu coin has changed -2.82% to NGN. Based on the trend and price charts, Shiba Inu coin(SHIB) has changed -2.82% to NGN while Nigerian Naira(NGN) has changed % to SHIB in the last 24 hours.
1D7D1M3M1YAll

SHIB to NGN conversion data: Volatility and price changes of Shiba Inu in NGN

The highest Shiba Inu price in NGN over the past 7 days was 0.01372 NGN while the lowest Shiba Inu price in NGN over the past 7 days was 0.01141 NGN. The relative change between the highs and lows in Shiba Inu price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SHIB 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
0.01287 NGN
0.01372 NGN
0.01496 NGN
0.02149 NGN
Low
0.01244 NGN
0.01141 NGN
0.01099 NGN
0.01080 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-2.82%
-1.23%
-5.39%
-30.33%

Buy

Sell

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

Shiba Inu coin information

SHIB to NGN market statistics

SHIB/NGN:
₦0.01247
SHIB 24h volume:
₦182,770,615,189.38
SHIB market cap:
₦7,345,047,361,805.16
SHIB circulating supply:
589.24T SHIB

Current SHIB to NGN exchange rate

Shiba Inu coin to Nigerian Naira is falling this week.
Shiba Inu coin's current market price is ₦0.01247 per SHIB, with a total market cap of ₦7,345,047,361,805.16 NGN based on a circulating supply of 589,244,350,000,000 SHIB. The trading volume of Shiba Inu coin has changed by -50.59% (₦-187,104,815,486.03 NGN) in the last 24 hours. Last trading day, SHIB's trading volume was ₦369,875,430,675.41.

More info about Shiba Inu coin 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 Shiba Inu coin currency pair is the SHIB to NGN, with for Shiba Inu coin's currency code being SHIB. 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 93524.40 USD
popular info ethereum
ETH to USD
1 ETH to 3190.96 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 144.17 USD
popular info bitcoin
BTC to EUR
1 BTC to 80253.29 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70124.60 GBP
popular info bitcoin
BTC to CAD
1 BTC to 130503.95 CAD
popular info bitcoin
BTC to BRL
1 BTC to 496642.62 BRL
popular info bitcoin
BTC to INR
1 BTC to 8403728.49 INR
popular info pi-network
PI to INR
1 PI to 20.84 INR

Hot promotions

How to convert SHIB 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 SHIB to NGN
Choose from cryptocurrencies to trade on Bitget.

Popular Shiba Inu coin Converter

popular info New Taiwan dollar
SHIB to TWD
1 SHIB to NT$0.0002694 TWD
popular info Chinese Yuan
SHIB to CNY
1 SHIB to ¥0.{4}6078 CNY
popular info United States Dollar
SHIB to USD
1 SHIB to $0.{5}8595 USD
popular info Australian Dollar
SHIB to AUD
1 SHIB to AU$0.{4}1299 AUD
popular info Euro
SHIB to EUR
1 SHIB to €0.{5}7376 EUR
popular info Canadian Dollar
SHIB to CAD
1 SHIB to C$0.{4}1199 CAD
popular info Nigerian Naira
SHIB to NGN
1 SHIB to ₦0.01247 NGN
popular info South Korean Won
SHIB to KRW
1 SHIB to ₩0.01266 KRW
popular info Japanese Yen
SHIB to JPY
1 SHIB to ¥0.001332 JPY
popular info Pound Sterling
SHIB to GBP
1 SHIB to £0.{5}6445 GBP
popular info Brazilian Real
SHIB to BRL
1 SHIB to R$0.{4}4564 BRL

Popular cryptocurrencies to NGN

other assets Codatta
XNY to NGN
1 XNY to ₦9.48 NGN
other assets Terra Classic
LUNC to NGN
1 LUNC to ₦0.04920 NGN
other assets 1
1 to NGN
1 1 to ₦0.5106 NGN
other assets Boba Network
BOBA to NGN
1 BOBA to ₦83.03 NGN
other assets Echelon Prime
PRIME to NGN
1 PRIME to ₦1,910.33 NGN
other assets Aerodrome Finance
AERO to NGN
1 AERO to ₦1,008.21 NGN
other assets Lombard
BARD to NGN
1 BARD to ₦1,196.81 NGN
other assets Manchester City Fan Token
CITY to NGN
1 CITY to ₦955.64 NGN
other assets PumpBTC (Governance token)
PUMP to NGN
1 PUMP to ₦47.54 NGN
other assets dogwifhat
WIF to NGN
1 WIF to ₦554.89 NGN

SHIB to NGN Conversion tables

The exchange rate of Shiba Inu coin is decreasing.
The exchange rate of 1 SHIB to Nigerian Naira has changed by -1.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.82%, reaching a high of 0.01287 NGN and a low of 0.01244 NGN . One month ago, the value of 1 SHIB was ₦0.01318 NGN , which represents a -5.39% change from its current value. Over the last year, Shiba Inu coin has changed by
-
0.03486NGN
, resulting in a change of -73.65% in its value.
24 hours ago1 month ago1 year ago
Amount 05:28 am today 24 hours ago 24h change
0.5 SHIB
₦0.006233₦0.006413
-2.82%
1 SHIB
₦0.01247₦0.01283
-2.82%
5 SHIB
₦0.06233₦0.06413
-2.82%
10 SHIB
₦0.1247₦0.1283
-2.82%
50 SHIB
₦0.6233₦0.6413
-2.82%
100 SHIB
₦1.25₦1.28
-2.82%
500 SHIB
₦6.23₦6.41
-2.82%
1000 SHIB
₦12.47₦12.83
-2.82%

SHIB to NGN FAQ

How much is 1 Shiba Inu coin in NGN?
Right now, the price of 1 Shiba Inu coin (SHIB) in Nigerian Naira (NGN) is ₦0.01247.
How much SHIB can I buy for 1 NGN?
Based on the current exchange rate, you can get 80.22 SHIB for 1 NGN.
How do I calculate or convert SHIB to NGN?
You can use our SHIB to NGN calculator at the top of this page to convert any amount of SHIB to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 401.12 SHIB, while 5 SHIB will cost around 0.06233NGN.
What is the highest price of SHIB/NGN in history?
The all-time high price of 1 SHIB in NGN is ₦0.1283. It remains to be seen if the value of 1 SHIB/NGN will exceed the current all-time high.
What is the price trend of Shiba Inu in NGN?
Over the past 7 days, the exchange rate of Shiba Inu coin (SHIB) has gone down by 1.23%.   Over the last month, the exchange rate of Shiba Inu coin (SHIB) has gone down by 5.39% against Nigerian Naira (NGN).

What factors influence the conversion rate of SHIB to NGN?

There are many factors that affect the relationship between Shiba Inu coin 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 SHIB/NGN. When there is positive news in the market about the widespread adoption of SHIB or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHIB/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHIB/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 SHIB/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 Shiba Inu 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 Shiba Inu coin currency pairs: SHIB to US Dollar (USD), SHIB to Euro (EUR), SHIB to Pound Sterling (GBP), SHIB to Canadian Dollar (CAD), SHIB to Indian Rupee (INR), SHIB to Pakistani Rupee (PKR), SHIB to Brazilian Real (BRL), SHIB to…
The price of Shiba Inu coin in the US is $0.{5}8595 USD. Additionally, Shiba Inu coin’s price is €0.{5}7376 EUR in the eurozone, £0.{5}6445 GBP in the UK, C$0.{4}1199 CAD in Canada, ₹0.0007723 INR in India, ₨0.002434 PKR in Pakistan, R$0.{4}4564 BRL in Brazil, and more.
The most popular Shiba Inu coin currency pair is the SHIB to Nigerian Naira(NGN). The price of 1 Shiba Inu coin (SHIB) in Nigerian Naira (NGN) is ₦0.01247.

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.