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GOBI to NGN Converter and calculator

GOBI/NGN: 1 GOBI = 0.03989 NGN. The price of converting 1 GOBI (GOBI) to Nigerian Naira (NGN) is 0.03989 NGN today.
GOBI
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NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GOBI to NGN real-time exchange rates, making it easy to convert GOBI (GOBI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 GOBI is currently valued at 0.03989 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GOBI is currently valued at 0.03989 NGN, which means buying 5 GOBI would cost 0.1994 NGN. Similarly, ₦1 NGN can be converted to 25.07 GOBI, and ₦50 NGN can be converted to 125.35 GOBI, excluding any platform or gas fees.

Convert GOBI to NGN

Convert NGN to GOBI

GOBI
Nigerian Naira
1 GOBI
0.03989  NGN
Exchange 1 GOBI for 0.03989 NGN
2 GOBI
0.07978  NGN
Exchange 2 GOBI for 0.07978 NGN
5 GOBI
0.1994  NGN
Exchange 5 GOBI for 0.1994 NGN
10 GOBI
0.3989  NGN
Exchange 10 GOBI for 0.3989 NGN
20 GOBI
0.7978  NGN
Exchange 20 GOBI for 0.7978 NGN
50 GOBI
1.99  NGN
Exchange 50 GOBI for 1.99 NGN
100 GOBI
3.99  NGN
Exchange 100 GOBI for 3.99 NGN
200 GOBI
7.98  NGN
Exchange 200 GOBI for 7.98 NGN
500 GOBI
19.94  NGN
Exchange 500 GOBI for 19.94 NGN
1000 GOBI
39.89  NGN
Exchange 1000 GOBI for 39.89 NGN
5000 GOBI
199.45  NGN
Exchange 5000 GOBI for 199.45 NGN
10000 GOBI
398.9  NGN
Exchange 10000 GOBI for 398.9 NGN
In the table above, you'll find a comprehensive GOBI to NGN converter that shows the value of GOBI in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 GOBI to NGN, all the way up to 10000 GOBI, providing a clear view of their respective values.
Nigerian Naira
GOBI
1 NGN
25.07 GOBI
Exchange 1 NGN for 25.07 GOBI
10 NGN
250.69 GOBI
Exchange 10 NGN for 250.69 GOBI
50 NGN
1,253.46 GOBI
Exchange 50 NGN for 1,253.46 GOBI
100 NGN
2,506.92 GOBI
Exchange 100 NGN for 2,506.92 GOBI
200 NGN
5,013.84 GOBI
Exchange 200 NGN for 5,013.84 GOBI
500 NGN
12,534.61 GOBI
Exchange 500 NGN for 12,534.61 GOBI
1000 NGN
25,069.22 GOBI
Exchange 1000 NGN for 25,069.22 GOBI
2000 NGN
50,138.44 GOBI
Exchange 2000 NGN for 50,138.44 GOBI
5000 NGN
125,346.09 GOBI
Exchange 5000 NGN for 125,346.09 GOBI
10000 NGN
250,692.18 GOBI
Exchange 10000 NGN for 250,692.18 GOBI
50000 NGN
1,253,460.91 GOBI
Exchange 50000 NGN for 1,253,460.91 GOBI
100000 NGN
2,506,921.81 GOBI
Exchange 100000 NGN for 2,506,921.81 GOBI
In the table above, you'll find a comprehensive NGN to GOBI converter that shows the value of Nigerian Naira in GOBI across commonly used conversion amounts. The list covers conversions from 1 NGN to GOBI, all the way up to 100000 NGN, providing a clear view of their respective values.

GOBI to NGN chart

GOBI/NGN: 1 GOBI = 0.03989 NGN; 2025/11/17 13:13:03
In the past 1D, GOBI has changed +3.09% to NGN. Based on the trend and price charts, GOBI(GOBI) has changed +3.09% to NGN while Nigerian Naira(NGN) has changed % to GOBI in the last 24 hours.
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GOBI to NGN conversion data: Volatility and price changes of GOBI in NGN

The highest GOBI price in NGN over the past 7 days was 0.04879 NGN while the lowest GOBI price in NGN over the past 7 days was 0.03809 NGN. The relative change between the highs and lows in GOBI price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and GOBI 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
0.03989 NGN
0.04879 NGN
0.05949 NGN
0.1114 NGN
Low
0.03809 NGN
0.03809 NGN
0.03621 NGN
0.03621 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+3.09%
-17.16%
-24.74%
-49.26%

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GOBI information

GOBI to NGN market statistics

GOBI/NGN:
₦0.03989
GOBI 24h volume:
--
GOBI market cap:
--
GOBI circulating supply:
0 GOBI

Current GOBI to NGN exchange rate

GOBI to Nigerian Naira is falling this week.
GOBI's current market price is ₦0.03989 per GOBI, with a total market cap of ₦0 NGN based on a circulating supply of -- GOBI. The trading volume of GOBI has changed by -100.00% (₦-- NGN) in the last 24 hours. Last trading day, GOBI's trading volume was ₦--.

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

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How to convert GOBI to NGN

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GOBI to NGN Conversion tables

The exchange rate of GOBI is decreasing.
The exchange rate of 1 GOBI to Nigerian Naira has changed by -17.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.09%, reaching a high of 0.03989 NGN and a low of 0.03809 NGN . One month ago, the value of 1 GOBI was ₦0.05300 NGN , which represents a -24.74% change from its current value. Over the last year, GOBI has changed by
+
0.03989NGN
, resulting in a change of -51.60% in its value.
24 hours ago1 month ago1 year ago
Amount 13:13 today 24 hours ago 24h change
0.5 GOBI
₦0.01994₦0.01935
+3.09%
1 GOBI
₦0.03989₦0.03870
+3.09%
5 GOBI
₦0.1994₦0.1935
+3.09%
10 GOBI
₦0.3989₦0.3870
+3.09%
50 GOBI
₦1.99₦1.93
+3.09%
100 GOBI
₦3.99₦3.87
+3.09%
500 GOBI
₦19.94₦19.35
+3.09%
1000 GOBI
₦39.89₦38.7
+3.09%

GOBI to NGN FAQ

How much is 1 GOBI in NGN?
Right now, the price of 1 GOBI (GOBI) in Nigerian Naira (NGN) is ₦0.03989.
How much GOBI can I buy for 1 NGN?
Based on the current exchange rate, you can get 25.07 GOBI for 1 NGN.
How do I calculate or convert GOBI to NGN?
You can use our GOBI to NGN calculator at the top of this page to convert any amount of GOBI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 125.35 GOBI, while 5 GOBI will cost around 0.1994NGN.
What is the highest price of GOBI/NGN in history?
The all-time high price of 1 GOBI in NGN is ₦4.55. It remains to be seen if the value of 1 GOBI/NGN will exceed the current all-time high.
What is the price trend of GOBI in NGN?
Over the past 7 days, the exchange rate of GOBI (GOBI) has gone down by 17.16%.   Over the last month, the exchange rate of GOBI (GOBI) has gone down by 24.74% against Nigerian Naira (NGN).

What factors influence the conversion rate of GOBI to NGN?

There are many factors that affect the relationship between GOBI 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 GOBI/NGN. When there is positive news in the market about the widespread adoption of GOBI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GOBI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GOBI/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 GOBI/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 GOBI 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 GOBI currency pairs: GOBI to US Dollar (USD), GOBI to Euro (EUR), GOBI to Pound Sterling (GBP), GOBI to Canadian Dollar (CAD), GOBI to Indian Rupee (INR), GOBI to Pakistani Rupee (PKR), GOBI to Brazilian Real (BRL), GOBI to…
The price of GOBI in the US is $0.{4}2763 USD. Additionally, GOBI’s price is €0.{4}2380 EUR in the eurozone, £0.{4}2098 GBP in the UK, C$0.{4}3874 CAD in Canada, ₹0.002448 INR in India, ₨0.007818 PKR in Pakistan, R$0.0001463 BRL in Brazil, and more.
The most popular GOBI currency pair is the GOBI to Nigerian Naira(NGN). The price of 1 GOBI (GOBI) in Nigerian Naira (NGN) is ₦0.03989.

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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.