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DMC to NGN Converter and calculator

DMC/NGN: 1 DMC = 0.04705 NGN. The price of converting 1 Digital Money Coin (DMC) to Nigerian Naira (NGN) is 0.04705 NGN today.
DMC
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DMC to NGN real-time exchange rates, making it easy to convert Digital Money Coin (DMC) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 DMC is currently valued at 0.04705 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DMC is currently valued at 0.04705 NGN, which means buying 5 DMC would cost 0.2352 NGN. Similarly, ₦1 NGN can be converted to 21.26 DMC, and ₦50 NGN can be converted to 106.28 DMC, excluding any platform or gas fees.

Convert DMC to NGN

Convert NGN to DMC

Digital Money Coin
Nigerian Naira
1 DMC
0.04705  NGN
Exchange 1 DMC for 0.04705 NGN
2 DMC
0.09409  NGN
Exchange 2 DMC for 0.09409 NGN
5 DMC
0.2352  NGN
Exchange 5 DMC for 0.2352 NGN
10 DMC
0.4705  NGN
Exchange 10 DMC for 0.4705 NGN
20 DMC
0.9409  NGN
Exchange 20 DMC for 0.9409 NGN
50 DMC
2.35  NGN
Exchange 50 DMC for 2.35 NGN
100 DMC
4.7  NGN
Exchange 100 DMC for 4.7 NGN
200 DMC
9.41  NGN
Exchange 200 DMC for 9.41 NGN
500 DMC
23.52  NGN
Exchange 500 DMC for 23.52 NGN
1000 DMC
47.05  NGN
Exchange 1000 DMC for 47.05 NGN
5000 DMC
235.23  NGN
Exchange 5000 DMC for 235.23 NGN
10000 DMC
470.46  NGN
Exchange 10000 DMC for 470.46 NGN
In the table above, you'll find a comprehensive DMC to NGN converter that shows the value of Digital Money Coin in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 DMC to NGN, all the way up to 10000 DMC, providing a clear view of their respective values.
Nigerian Naira
Digital Money Coin
1 NGN
21.26 DMC
Exchange 1 NGN for 21.26 DMC
10 NGN
212.56 DMC
Exchange 10 NGN for 212.56 DMC
50 NGN
1,062.78 DMC
Exchange 50 NGN for 1,062.78 DMC
100 NGN
2,125.57 DMC
Exchange 100 NGN for 2,125.57 DMC
200 NGN
4,251.14 DMC
Exchange 200 NGN for 4,251.14 DMC
500 NGN
10,627.84 DMC
Exchange 500 NGN for 10,627.84 DMC
1000 NGN
21,255.69 DMC
Exchange 1000 NGN for 21,255.69 DMC
2000 NGN
42,511.37 DMC
Exchange 2000 NGN for 42,511.37 DMC
5000 NGN
106,278.43 DMC
Exchange 5000 NGN for 106,278.43 DMC
10000 NGN
212,556.85 DMC
Exchange 10000 NGN for 212,556.85 DMC
50000 NGN
1,062,784.27 DMC
Exchange 50000 NGN for 1,062,784.27 DMC
100000 NGN
2,125,568.54 DMC
Exchange 100000 NGN for 2,125,568.54 DMC
In the table above, you'll find a comprehensive NGN to DMC converter that shows the value of Nigerian Naira in Digital Money Coin across commonly used conversion amounts. The list covers conversions from 1 NGN to DMC, all the way up to 100000 NGN, providing a clear view of their respective values.

DMC to NGN chart

DMC/NGN: 1 DMC = 0.04705 NGN; 2025/12/11 16:55:08
In the past 1D, Digital Money Coin has changed -0.70% to NGN. Based on the trend and price charts, Digital Money Coin(DMC) has changed -0.70% to NGN while Nigerian Naira(NGN) has changed % to DMC in the last 24 hours.
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DMC to NGN conversion data: Volatility and price changes of Digital Money Coin in NGN

The highest Digital Money Coin price in NGN over the past 7 days was -- NGN while the lowest Digital Money Coin price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Digital Money Coin price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and DMC 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
0.1994 NGN
-- NGN
-- NGN
-- NGN
Low
0.03658 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.70%
--
--
--

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Buy DMC (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of DMC with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy DMC with USDT via Bitget spot market.
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Digital Money Coin information

DMC to NGN market statistics

DMC/NGN:
₦0.04705
DMC 24h volume:
₦222,404,072.39
DMC market cap:
₦47,045,095.63
DMC circulating supply:
999.98M DMC

Current DMC to NGN exchange rate

Digital Money Coin to Nigerian Naira is falling this week.
Digital Money Coin's current market price is ₦0.04705 per DMC, with a total market cap of ₦47,045,095.63 NGN based on a circulating supply of 999,975,800 DMC. The trading volume of Digital Money Coin has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, DMC's trading volume was ₦--.

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

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DMC to NGN Conversion tables

The exchange rate of Digital Money Coin is decreasing.
The exchange rate of 1 DMC to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.70%, reaching a high of 0.1994 NGN and a low of 0.03658 NGN . One month ago, the value of 1 DMC was ₦-- NGN , which represents a --% change from its current value. Over the last year, Digital Money Coin has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 16:55 today 24 hours ago 24h change
0.5 DMC
₦0.02352₦--
-0.70%
1 DMC
₦0.04705₦--
-0.70%
5 DMC
₦0.2352₦--
-0.70%
10 DMC
₦0.4705₦--
-0.70%
50 DMC
₦2.35₦--
-0.70%
100 DMC
₦4.7₦--
-0.70%
500 DMC
₦23.52₦--
-0.70%
1000 DMC
₦47.05₦--
-0.70%

DMC to NGN FAQ

How much is 1 Digital Money Coin in NGN?
Right now, the price of 1 Digital Money Coin (DMC) in Nigerian Naira (NGN) is ₦0.04705.
How much DMC can I buy for 1 NGN?
Based on the current exchange rate, you can get 21.26 DMC for 1 NGN.
How do I calculate or convert DMC to NGN?
You can use our DMC to NGN calculator at the top of this page to convert any amount of DMC to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 106.28 DMC, while 5 DMC will cost around 0.2352NGN.
What is the highest price of DMC/NGN in history?
The all-time high price of 1 DMC in NGN is --. It remains to be seen if the value of 1 DMC/NGN will exceed the current all-time high.
What is the price trend of Digital Money Coin in NGN?
Over the past 7 days, the exchange rate of Digital Money Coin (DMC) has gone down by --.   Over the last month, the exchange rate of Digital Money Coin (DMC) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of DMC to NGN?

There are many factors that affect the relationship between Digital Money 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 DMC/NGN. When there is positive news in the market about the widespread adoption of DMC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DMC/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DMC/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 DMC/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 Digital Money Coin 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 Digital Money Coin currency pairs: DMC to US Dollar (USD), DMC to Euro (EUR), DMC to Pound Sterling (GBP), DMC to Canadian Dollar (CAD), DMC to Indian Rupee (INR), DMC to Pakistani Rupee (PKR), DMC to Brazilian Real (BRL), DMC to…
The price of Digital Money Coin in the US is $0.{4}3239 USD. Additionally, Digital Money Coin’s price is €0.{4}2762 EUR in the eurozone, £0.{4}2417 GBP in the UK, C$0.{4}4465 CAD in Canada, ₹0.002924 INR in India, ₨0.009109 PKR in Pakistan, R$0.0001759 BRL in Brazil, and more.
The most popular Digital Money Coin currency pair is the DMC to Nigerian Naira(NGN). The price of 1 Digital Money Coin (DMC) in Nigerian Naira (NGN) is ₦0.04705.

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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.