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ENCS to NGN Converter and calculator

ENCS/NGN: 1 ENCS = 44.59 NGN. The price of converting 1 ENCOINS (ENCS) to Nigerian Naira (NGN) is 44.59 NGN today.
ENCS
ENCS
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ENCS to NGN real-time exchange rates, making it easy to convert ENCOINS (ENCS) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 ENCS is currently valued at 44.59 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ENCS is currently valued at 44.59 NGN, which means buying 5 ENCS would cost 222.94 NGN. Similarly, ₦1 NGN can be converted to 0.02243 ENCS, and ₦50 NGN can be converted to 0.1121 ENCS, excluding any platform or gas fees.

Convert ENCS to NGN

Convert NGN to ENCS

ENCOINS
Nigerian Naira
1 ENCS
44.59  NGN
Exchange 1 ENCS for 44.59 NGN
2 ENCS
89.18  NGN
Exchange 2 ENCS for 89.18 NGN
5 ENCS
222.94  NGN
Exchange 5 ENCS for 222.94 NGN
10 ENCS
445.88  NGN
Exchange 10 ENCS for 445.88 NGN
20 ENCS
891.76  NGN
Exchange 20 ENCS for 891.76 NGN
50 ENCS
2,229.4  NGN
Exchange 50 ENCS for 2,229.4 NGN
100 ENCS
4,458.79  NGN
Exchange 100 ENCS for 4,458.79 NGN
200 ENCS
8,917.59  NGN
Exchange 200 ENCS for 8,917.59 NGN
500 ENCS
22,293.97  NGN
Exchange 500 ENCS for 22,293.97 NGN
1000 ENCS
44,587.94  NGN
Exchange 1000 ENCS for 44,587.94 NGN
5000 ENCS
222,939.71  NGN
Exchange 5000 ENCS for 222,939.71 NGN
10000 ENCS
445,879.41  NGN
Exchange 10000 ENCS for 445,879.41 NGN
In the table above, you'll find a comprehensive ENCS to NGN converter that shows the value of ENCOINS in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 ENCS to NGN, all the way up to 10000 ENCS, providing a clear view of their respective values.
Nigerian Naira
ENCOINS
1 NGN
0.02243 ENCS
Exchange 1 NGN for 0.02243 ENCS
10 NGN
0.2243 ENCS
Exchange 10 NGN for 0.2243 ENCS
50 NGN
1.12 ENCS
Exchange 50 NGN for 1.12 ENCS
100 NGN
2.24 ENCS
Exchange 100 NGN for 2.24 ENCS
200 NGN
4.49 ENCS
Exchange 200 NGN for 4.49 ENCS
500 NGN
11.21 ENCS
Exchange 500 NGN for 11.21 ENCS
1000 NGN
22.43 ENCS
Exchange 1000 NGN for 22.43 ENCS
2000 NGN
44.86 ENCS
Exchange 2000 NGN for 44.86 ENCS
5000 NGN
112.14 ENCS
Exchange 5000 NGN for 112.14 ENCS
10000 NGN
224.28 ENCS
Exchange 10000 NGN for 224.28 ENCS
50000 NGN
1,121.38 ENCS
Exchange 50000 NGN for 1,121.38 ENCS
100000 NGN
2,242.76 ENCS
Exchange 100000 NGN for 2,242.76 ENCS
In the table above, you'll find a comprehensive NGN to ENCS converter that shows the value of Nigerian Naira in ENCOINS across commonly used conversion amounts. The list covers conversions from 1 NGN to ENCS, all the way up to 100000 NGN, providing a clear view of their respective values.

ENCS to NGN chart

ENCS/NGN: 1 ENCS = 44.59 NGN; 2025/10/23 06:34:14
In the past 1D, ENCOINS has changed -28.24% to NGN. Based on the trend and price charts, ENCOINS(ENCS) has changed -28.24% to NGN while Nigerian Naira(NGN) has changed % to ENCS in the last 24 hours.
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ENCS to NGN conversion data: Volatility and price changes of ENCOINS in NGN

The highest ENCOINS price in NGN over the past 7 days was 63.78 NGN while the lowest ENCOINS price in NGN over the past 7 days was 44.59 NGN. The relative change between the highs and lows in ENCOINS price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ENCS 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
62.14 NGN
63.78 NGN
80.5 NGN
141.15 NGN
Low
44.59 NGN
44.59 NGN
44.59 NGN
44.59 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-28.24%
-30.27%
-41.65%
-64.81%

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ENCOINS information

ENCS to NGN market statistics

ENCS/NGN:
₦44.59
ENCS 24h volume:
--
ENCS market cap:
--
ENCS circulating supply:
0 ENCS

Current ENCS to NGN exchange rate

ENCOINS to Nigerian Naira is falling this week.
ENCOINS's current market price is ₦44.59 per ENCS, with a total market cap of ₦0 NGN based on a circulating supply of -- ENCS. The trading volume of ENCOINS has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, ENCS's trading volume was ₦0.

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

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How to convert ENCS to NGN

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ENCS to NGN Conversion tables

The exchange rate of ENCOINS is decreasing.
The exchange rate of 1 ENCS to Nigerian Naira has changed by -30.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -28.24%, reaching a high of 62.14 NGN and a low of 44.59 NGN . One month ago, the value of 1 ENCS was ₦76.41 NGN , which represents a -41.65% change from its current value. Over the last year, ENCOINS has changed by
-
183.76NGN
, resulting in a change of -80.47% in its value.
24 hours ago1 month ago1 year ago
Amount 06:34 am today 24 hours ago 24h change
0.5 ENCS
₦22.29₦31.07
-28.24%
1 ENCS
₦44.59₦62.14
-28.24%
5 ENCS
₦222.94₦310.68
-28.24%
10 ENCS
₦445.88₦621.36
-28.24%
50 ENCS
₦2,229.4₦3,106.79
-28.24%
100 ENCS
₦4,458.79₦6,213.58
-28.24%
500 ENCS
₦22,293.97₦31,067.88
-28.24%
1000 ENCS
₦44,587.94₦62,135.76
-28.24%

ENCS to NGN FAQ

How much is 1 ENCOINS in NGN?
Right now, the price of 1 ENCOINS (ENCS) in Nigerian Naira (NGN) is ₦44.59.
How much ENCS can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.02243 ENCS for 1 NGN.
How do I calculate or convert ENCS to NGN?
You can use our ENCS to NGN calculator at the top of this page to convert any amount of ENCS to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.1121 ENCS, while 5 ENCS will cost around 222.94NGN.
What is the highest price of ENCS/NGN in history?
The all-time high price of 1 ENCS in NGN is ₦4,767.61. It remains to be seen if the value of 1 ENCS/NGN will exceed the current all-time high.
What is the price trend of ENCOINS in NGN?
Over the past 7 days, the exchange rate of ENCOINS (ENCS) has gone down by 30.27%.   Over the last month, the exchange rate of ENCOINS (ENCS) has gone down by 41.65% against Nigerian Naira (NGN).

What factors influence the conversion rate of ENCS to NGN?

There are many factors that affect the relationship between ENCOINS 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 ENCS/NGN. When there is positive news in the market about the widespread adoption of ENCS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ENCS/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ENCS/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 ENCS/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 ENCOINS 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 ENCOINS currency pairs: ENCS to US Dollar (USD), ENCS to Euro (EUR), ENCS to Pound Sterling (GBP), ENCS to Canadian Dollar (CAD), ENCS to Indian Rupee (INR), ENCS to Pakistani Rupee (PKR), ENCS to Brazilian Real (BRL), ENCS to…
The price of ENCOINS in the US is $0.03048 USD. Additionally, ENCOINS’s price is €0.02628 EUR in the eurozone, £0.02285 GBP in the UK, C$0.04267 CAD in Canada, ₹2.68 INR in India, ₨8.62 PKR in Pakistan, R$0.1646 BRL in Brazil, and more.
The most popular ENCOINS currency pair is the ENCS to Nigerian Naira(NGN). The price of 1 ENCOINS (ENCS) in Nigerian Naira (NGN) is ₦44.59.

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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.