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SMARS to NGN Converter and calculator

SMARS/NGN: 1 SMARS = 0.{5}8393 NGN. The price of converting 1 SafeMars (SMARS) to Nigerian Naira (NGN) is 0.{5}8393 NGN today.
SMARS
SMARS
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SMARS to NGN real-time exchange rates, making it easy to convert SafeMars (SMARS) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SMARS is currently valued at 0.{5}8393 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SMARS is currently valued at 0.{5}8393 NGN, which means buying 5 SMARS would cost 0.{4}4197 NGN. Similarly, ₦1 NGN can be converted to 119,141.68 SMARS, and ₦50 NGN can be converted to 595,708.39 SMARS, excluding any platform or gas fees.

Convert SMARS to NGN

Convert NGN to SMARS

SafeMars
Nigerian Naira
1 SMARS
0.{5}8393  NGN
Exchange 1 SMARS for 0.{5}8393 NGN
2 SMARS
0.{4}1679  NGN
Exchange 2 SMARS for 0.{4}1679 NGN
5 SMARS
0.{4}4197  NGN
Exchange 5 SMARS for 0.{4}4197 NGN
10 SMARS
0.{4}8393  NGN
Exchange 10 SMARS for 0.{4}8393 NGN
20 SMARS
0.0001679  NGN
Exchange 20 SMARS for 0.0001679 NGN
50 SMARS
0.0004197  NGN
Exchange 50 SMARS for 0.0004197 NGN
100 SMARS
0.0008393  NGN
Exchange 100 SMARS for 0.0008393 NGN
200 SMARS
0.001679  NGN
Exchange 200 SMARS for 0.001679 NGN
500 SMARS
0.004197  NGN
Exchange 500 SMARS for 0.004197 NGN
1000 SMARS
0.008393  NGN
Exchange 1000 SMARS for 0.008393 NGN
5000 SMARS
0.04197  NGN
Exchange 5000 SMARS for 0.04197 NGN
10000 SMARS
0.08393  NGN
Exchange 10000 SMARS for 0.08393 NGN
In the table above, you'll find a comprehensive SMARS to NGN converter that shows the value of SafeMars in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SMARS to NGN, all the way up to 10000 SMARS, providing a clear view of their respective values.
Nigerian Naira
SafeMars
1 NGN
119,141.68 SMARS
Exchange 1 NGN for 119,141.68 SMARS
10 NGN
1,191,416.77 SMARS
Exchange 10 NGN for 1,191,416.77 SMARS
50 NGN
5,957,083.85 SMARS
Exchange 50 NGN for 5,957,083.85 SMARS
100 NGN
11,914,167.71 SMARS
Exchange 100 NGN for 11,914,167.71 SMARS
200 NGN
23,828,335.41 SMARS
Exchange 200 NGN for 23,828,335.41 SMARS
500 NGN
59,570,838.53 SMARS
Exchange 500 NGN for 59,570,838.53 SMARS
1000 NGN
119,141,677.07 SMARS
Exchange 1000 NGN for 119,141,677.07 SMARS
2000 NGN
238,283,354.13 SMARS
Exchange 2000 NGN for 238,283,354.13 SMARS
5000 NGN
595,708,385.34 SMARS
Exchange 5000 NGN for 595,708,385.34 SMARS
10000 NGN
1,191,416,770.67 SMARS
Exchange 10000 NGN for 1,191,416,770.67 SMARS
50000 NGN
5,957,083,853.35 SMARS
Exchange 50000 NGN for 5,957,083,853.35 SMARS
100000 NGN
11,914,167,706.7 SMARS
Exchange 100000 NGN for 11,914,167,706.7 SMARS
In the table above, you'll find a comprehensive NGN to SMARS converter that shows the value of Nigerian Naira in SafeMars across commonly used conversion amounts. The list covers conversions from 1 NGN to SMARS, all the way up to 100000 NGN, providing a clear view of their respective values.

SMARS to NGN chart

SMARS/NGN: 1 SMARS = 0.{5}8393 NGN; 2025/12/09 15:26:47
In the past 1D, SafeMars has changed -10.23% to NGN. Based on the trend and price charts, SafeMars(SMARS) has changed -10.23% to NGN while Nigerian Naira(NGN) has changed % to SMARS in the last 24 hours.
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SMARS to NGN conversion data: Volatility and price changes of SafeMars in NGN

The highest SafeMars price in NGN over the past 7 days was 0.{5}9973 NGN while the lowest SafeMars price in NGN over the past 7 days was 0.{5}8050 NGN. The relative change between the highs and lows in SafeMars price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SMARS 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.{5}9410 NGN
0.{5}9973 NGN
0.{4}1423 NGN
0.{4}1447 NGN
Low
0.{5}8355 NGN
0.{5}8050 NGN
0.{5}7800 NGN
0.{5}7800 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-10.23%
+7.50%
-9.15%
+1.23%

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SafeMars information

SMARS to NGN market statistics

SMARS/NGN:
₦0.{5}8393
SMARS 24h volume:
₦79,648,411.27
SMARS market cap:
--
SMARS circulating supply:
0 SMARS

Current SMARS to NGN exchange rate

SafeMars to Nigerian Naira is rising this week.
SafeMars's current market price is ₦0.{5}8393 per SMARS, with a total market cap of ₦0 NGN based on a circulating supply of -- SMARS. The trading volume of SafeMars has changed by -0.89% (₦-717,101.47 NGN) in the last 24 hours. Last trading day, SMARS's trading volume was ₦80,365,512.74.

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

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How to convert SMARS to NGN

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SMARS to NGN Conversion tables

The exchange rate of SafeMars is decreasing.
The exchange rate of 1 SMARS to Nigerian Naira has changed by +7.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.23%, reaching a high of 0.{5}9410 NGN and a low of 0.{5}8355 NGN . One month ago, the value of 1 SMARS was ₦0.{5}9244 NGN , which represents a -9.15% change from its current value. Over the last year, SafeMars has changed by
+
0.{7}6226NGN
, resulting in a change of +8.25% in its value.
24 hours ago1 month ago1 year ago
Amount 15:26 today 24 hours ago 24h change
0.5 SMARS
₦0.{5}4197₦0.{5}4678
-10.23%
1 SMARS
₦0.{5}8393₦0.{5}9356
-10.23%
5 SMARS
₦0.{4}4197₦0.{4}4678
-10.23%
10 SMARS
₦0.{4}8393₦0.{4}9356
-10.23%
50 SMARS
₦0.0004197₦0.0004678
-10.23%
100 SMARS
₦0.0008393₦0.0009356
-10.23%
500 SMARS
₦0.004197₦0.004678
-10.23%
1000 SMARS
₦0.008393₦0.009356
-10.23%

SMARS to NGN FAQ

How much is 1 SafeMars in NGN?
Right now, the price of 1 SafeMars (SMARS) in Nigerian Naira (NGN) is ₦0.{5}8393.
How much SMARS can I buy for 1 NGN?
Based on the current exchange rate, you can get 119,141.68 SMARS for 1 NGN.
How do I calculate or convert SMARS to NGN?
You can use our SMARS to NGN calculator at the top of this page to convert any amount of SMARS to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 595,708.39 SMARS, while 5 SMARS will cost around 0.{4}4197NGN.
What is the highest price of SMARS/NGN in history?
The all-time high price of 1 SMARS in NGN is ₦0.0001598. It remains to be seen if the value of 1 SMARS/NGN will exceed the current all-time high.
What is the price trend of SafeMars in NGN?
Over the past 7 days, the exchange rate of SafeMars (SMARS) has gone up by 7.50%.   Over the last month, the exchange rate of SafeMars (SMARS) has gone down by 9.15% against Nigerian Naira (NGN).

What factors influence the conversion rate of SMARS to NGN?

There are many factors that affect the relationship between SafeMars 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 SMARS/NGN. When there is positive news in the market about the widespread adoption of SMARS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SMARS/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SMARS/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 SMARS/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 SafeMars 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 SafeMars currency pairs: SMARS to US Dollar (USD), SMARS to Euro (EUR), SMARS to Pound Sterling (GBP), SMARS to Canadian Dollar (CAD), SMARS to Indian Rupee (INR), SMARS to Pakistani Rupee (PKR), SMARS to Brazilian Real (BRL), SMARS to…
The price of SafeMars in the US is $0.{8}5777 USD. Additionally, SafeMars’s price is €0.{8}4965 EUR in the eurozone, £0.{8}4339 GBP in the UK, C$0.{8}7997 CAD in Canada, ₹0.{6}5192 INR in India, ₨0.{5}1621 PKR in Pakistan, R$0.{7}3163 BRL in Brazil, and more.
The most popular SafeMars currency pair is the SMARS to Nigerian Naira(NGN). The price of 1 SafeMars (SMARS) in Nigerian Naira (NGN) is ₦0.{5}8393.

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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.