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MYRA to NGN Converter and calculator

MYRA/NGN: 1 MYRA = 0.2146 NGN. The price of converting 1 Myra (MYRA) to Nigerian Naira (NGN) is 0.2146 NGN today.
MYRA
MYRA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MYRA to NGN real-time exchange rates, making it easy to convert Myra (MYRA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MYRA is currently valued at 0.21 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MYRA is currently valued at 0.21 NGN, which means buying 5 MYRA would cost 1.07 NGN. Similarly, ₦1 NGN can be converted to 4.66 MYRA, and ₦50 NGN can be converted to 23.3 MYRA, excluding any platform or gas fees.

Convert MYRA to NGN

Convert NGN to MYRA

Myra
Nigerian Naira
1000 MYRA
214.58  NGN
5000 MYRA
1,072.91  NGN
10000 MYRA
2,145.83  NGN
In the table above, you'll find a comprehensive MYRA to NGN converter that shows the value of Myra in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MYRA to NGN, all the way up to 10000 MYRA, providing a clear view of their respective values.
Nigerian Naira
Myra
5000 NGN
23,301.04 MYRA
10000 NGN
46,602.08 MYRA
50000 NGN
233,010.39 MYRA
100000 NGN
466,020.78 MYRA
In the table above, you'll find a comprehensive NGN to MYRA converter that shows the value of Nigerian Naira in Myra across commonly used conversion amounts. The list covers conversions from 1 NGN to MYRA, all the way up to 100000 NGN, providing a clear view of their respective values.

MYRA to NGN chart

MYRA/NGN: 1 MYRA = 0.2146 NGN; 2025/05/15 12:36:53
In the past 1D, Myra has changed -2.01% to NGN. Based on the trend and price charts, Myra(MYRA) has changed -2.01% to NGN while Nigerian Naira(NGN) has changed % to MYRA in the last 24 hours.
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MYRA to NGN conversion data: Volatility and price changes of Myra in NGN

The highest Myra price in NGN over the past 7 days was 0.2433 NGN while the lowest Myra price in NGN over the past 7 days was 0.2125 NGN. The relative change between the highs and lows in Myra price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MYRA to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.2245 NGN
0.2433 NGN
0.2433 NGN
0.2466 NGN
Low
0.2125 NGN
0.2125 NGN
0.1514 NGN
0.1068 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-2.01%
+7.38%
+33.67%
-10.49%

Myra information

MYRA to NGN market statistics

MYRA/NGN:
₦0.2146
MYRA 24h volume:
₦2,421,296.6
MYRA market cap:
--
MYRA circulating supply:
0 MYRA

Current MYRA to NGN exchange rate

Myra to Nigerian Naira is rising this week.
Myra's current market price is ₦0.2146 per MYRA, with a total market cap of ₦0 NGN based on a circulating supply of -- MYRA. The trading volume of Myra has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, MYRA's trading volume was ₦2,421,296.6.

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

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How to convert MYRA to NGN

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MYRA to NGN Conversion tables

The exchange rate of Myra is increasing.
The exchange rate of 1 MYRA to Nigerian Naira has changed by +7.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.01%, reaching a high of 0.2245 NGN and a low of 0.2125 NGN . One month ago, the value of 1 MYRA was ₦0.1605 NGN , which represents a +33.67% change from its current value. Over the last year, Myra has changed by
-
2.85NGN
, resulting in a change of -93.01% in its value.
24 hours ago1 month ago1 year ago
Amount12:36 today24 hours ago24h change
0.5 MYRA₦0.1073₦0.1095
-2.01%
1 MYRA₦0.2146₦0.2190
-2.01%
5 MYRA₦1.07₦1.09
-2.01%
10 MYRA₦2.15₦2.19
-2.01%
50 MYRA₦10.73₦10.95
-2.01%
100 MYRA₦21.46₦21.9
-2.01%
500 MYRA₦107.29₦109.49
-2.01%
1000 MYRA₦214.58₦218.98
-2.01%

MYRA to NGN FAQ

How much is 1 Myra in NGN?
Right now, the price of 1 Myra (MYRA) in Nigerian Naira (NGN) is ₦0.2146.
How much MYRA can I buy for 1 NGN?
Based on the current exchange rate, you can get 4.66 MYRA for 1 NGN.
How do I calculate or convert MYRA to NGN?
You can use our MYRA to NGN calculator at the top of this page to convert any amount of MYRA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 23.3 MYRA, while 5 MYRA will cost around 1.07NGN.
What is the highest price of MYRA/NGN in history?
The all-time high price of 1 MYRA in NGN is ₦32.15. It remains to be seen if the value of 1 MYRA/NGN will exceed the current all-time high.
What is the price trend of Myra in NGN?
Over the past 7 days, the exchange rate of Myra (MYRA) has gone up by 7.38%.   Over the last month, the exchange rate of Myra (MYRA) has gone up by 33.67% against Nigerian Naira (NGN).

What factors influence the conversion rate of MYRA to NGN?

There are many factors that affect the relationship between Myra 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 MYRA/NGN. When there is positive news in the market about the widespread adoption of MYRA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MYRA/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MYRA/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 MYRA/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 Myra and adjust their investment strategies accordingly in the evolving market.

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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.