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REL to NGN Converter and calculator

REL/NGN: 1 REL = 0.01904 NGN. The price of converting 1 REL coin (REL) to Nigerian Naira (NGN) is 0.01904 NGN today.
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REL
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides REL to NGN real-time exchange rates, making it easy to convert REL coin (REL) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 REL is currently valued at 0.01904 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 REL is currently valued at 0.01904 NGN, which means buying 5 REL would cost 0.09522 NGN. Similarly, ₦1 NGN can be converted to 52.51 REL, and ₦50 NGN can be converted to 262.54 REL, excluding any platform or gas fees.

Convert REL to NGN

Convert NGN to REL

REL coin
Nigerian Naira
1 REL
0.01904  NGN
Exchange 1 REL for 0.01904 NGN
2 REL
0.03809  NGN
Exchange 2 REL for 0.03809 NGN
5 REL
0.09522  NGN
Exchange 5 REL for 0.09522 NGN
10 REL
0.1904  NGN
Exchange 10 REL for 0.1904 NGN
20 REL
0.3809  NGN
Exchange 20 REL for 0.3809 NGN
50 REL
0.9522  NGN
Exchange 50 REL for 0.9522 NGN
100 REL
1.9  NGN
Exchange 100 REL for 1.9 NGN
200 REL
3.81  NGN
Exchange 200 REL for 3.81 NGN
500 REL
9.52  NGN
Exchange 500 REL for 9.52 NGN
1000 REL
19.04  NGN
Exchange 1000 REL for 19.04 NGN
5000 REL
95.22  NGN
Exchange 5000 REL for 95.22 NGN
10000 REL
190.45  NGN
Exchange 10000 REL for 190.45 NGN
In the table above, you'll find a comprehensive REL to NGN converter that shows the value of REL coin in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 REL to NGN, all the way up to 10000 REL, providing a clear view of their respective values.
Nigerian Naira
REL coin
1 NGN
52.51 REL
Exchange 1 NGN for 52.51 REL
10 NGN
525.08 REL
Exchange 10 NGN for 525.08 REL
50 NGN
2,625.38 REL
Exchange 50 NGN for 2,625.38 REL
100 NGN
5,250.76 REL
Exchange 100 NGN for 5,250.76 REL
200 NGN
10,501.52 REL
Exchange 200 NGN for 10,501.52 REL
500 NGN
26,253.81 REL
Exchange 500 NGN for 26,253.81 REL
1000 NGN
52,507.62 REL
Exchange 1000 NGN for 52,507.62 REL
2000 NGN
105,015.23 REL
Exchange 2000 NGN for 105,015.23 REL
5000 NGN
262,538.08 REL
Exchange 5000 NGN for 262,538.08 REL
10000 NGN
525,076.16 REL
Exchange 10000 NGN for 525,076.16 REL
50000 NGN
2,625,380.8 REL
Exchange 50000 NGN for 2,625,380.8 REL
100000 NGN
5,250,761.59 REL
Exchange 100000 NGN for 5,250,761.59 REL
In the table above, you'll find a comprehensive NGN to REL converter that shows the value of Nigerian Naira in REL coin across commonly used conversion amounts. The list covers conversions from 1 NGN to REL, all the way up to 100000 NGN, providing a clear view of their respective values.

REL to NGN chart

REL/NGN: 1 REL = 0.01904 NGN; 2025/12/24 23:24:47
In the past 1D, REL coin has changed 0.00% to NGN. Based on the trend and price charts, REL coin(REL) has changed 0.00% to NGN while Nigerian Naira(NGN) has changed % to REL in the last 24 hours.
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REL to NGN conversion data: Volatility and price changes of REL coin in NGN

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

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

REL to NGN market statistics

REL/NGN:
₦0.01904
REL 24h volume:
--
REL market cap:
₦19,044,856.21
REL circulating supply:
1.00B REL

Current REL to NGN exchange rate

REL coin to Nigerian Naira is falling this week.
REL coin's current market price is ₦0.01904 per REL, with a total market cap of ₦19,044,856.21 NGN based on a circulating supply of 1,000,000,000 REL. The trading volume of REL coin has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, REL's trading volume was ₦--.

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

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How to convert REL to NGN

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REL to NGN Conversion tables

The exchange rate of REL coin is decreasing.
The exchange rate of 1 REL to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 NGN and a low of 0 NGN . One month ago, the value of 1 REL was ₦-- NGN , which represents a --% change from its current value. Over the last year, REL coin has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 23:24 today 24 hours ago 24h change
0.5 REL
₦0.009522₦--
0.00%
1 REL
₦0.01904₦--
0.00%
5 REL
₦0.09522₦--
0.00%
10 REL
₦0.1904₦--
0.00%
50 REL
₦0.9522₦--
0.00%
100 REL
₦1.9₦--
0.00%
500 REL
₦9.52₦--
0.00%
1000 REL
₦19.04₦--
0.00%

REL to NGN FAQ

How much is 1 REL coin in NGN?
Right now, the price of 1 REL coin (REL) in Nigerian Naira (NGN) is ₦0.01904.
How much REL can I buy for 1 NGN?
Based on the current exchange rate, you can get 52.51 REL for 1 NGN.
How do I calculate or convert REL to NGN?
You can use our REL to NGN calculator at the top of this page to convert any amount of REL to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 262.54 REL, while 5 REL will cost around 0.09522NGN.
What is the highest price of REL/NGN in history?
The all-time high price of 1 REL in NGN is --. It remains to be seen if the value of 1 REL/NGN will exceed the current all-time high.
What is the price trend of REL coin in NGN?
Over the past 7 days, the exchange rate of REL coin (REL) has gone down by --.   Over the last month, the exchange rate of REL coin (REL) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of REL to NGN?

There are many factors that affect the relationship between REL 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 REL/NGN. When there is positive news in the market about the widespread adoption of REL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of REL/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in REL/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 REL/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 REL 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 REL coin currency pairs: REL to US Dollar (USD), REL to Euro (EUR), REL to Pound Sterling (GBP), REL to Canadian Dollar (CAD), REL to Indian Rupee (INR), REL to Pakistani Rupee (PKR), REL to Brazilian Real (BRL), REL to…
The price of REL coin in the US is $0.{4}1313 USD. Additionally, REL coin’s price is €0.{4}1115 EUR in the eurozone, £0.{5}9728 GBP in the UK, C$0.{4}1796 CAD in Canada, ₹0.001179 INR in India, ₨0.003678 PKR in Pakistan, R$0.{4}7249 BRL in Brazil, and more.
The most popular REL coin currency pair is the REL to Nigerian Naira(NGN). The price of 1 REL coin (REL) in Nigerian Naira (NGN) is ₦0.01904.

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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.