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Suijak to Nigerian Naira (SUIJAK to NGN)

SUIJAK to NGN Converter and calculator

SUIJAK/NGN: 1 SUIJAK = 0.007655 NGN. The price of converting 1 Suijak (SUIJAK) to Nigerian Naira (NGN) is 0.007655 NGN today.
SUIJAK
SUIJAK
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SUIJAK to NGN real-time exchange rates, making it easy to convert Suijak (SUIJAK) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SUIJAK is currently valued at 0.007655 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SUIJAK is currently valued at 0.007655 NGN, which means buying 5 SUIJAK would cost 0.03828 NGN. Similarly, ₦1 NGN can be converted to 130.63 SUIJAK, and ₦50 NGN can be converted to 653.14 SUIJAK, excluding any platform or gas fees.

Convert SUIJAK to NGN

Convert NGN to SUIJAK

Suijak
Nigerian Naira
1 SUIJAK
0.007655  NGN
Exchange 1 SUIJAK for 0.007655 NGN
2 SUIJAK
0.01531  NGN
Exchange 2 SUIJAK for 0.01531 NGN
5 SUIJAK
0.03828  NGN
Exchange 5 SUIJAK for 0.03828 NGN
10 SUIJAK
0.07655  NGN
Exchange 10 SUIJAK for 0.07655 NGN
20 SUIJAK
0.1531  NGN
Exchange 20 SUIJAK for 0.1531 NGN
50 SUIJAK
0.3828  NGN
Exchange 50 SUIJAK for 0.3828 NGN
100 SUIJAK
0.7655  NGN
Exchange 100 SUIJAK for 0.7655 NGN
200 SUIJAK
1.53  NGN
Exchange 200 SUIJAK for 1.53 NGN
500 SUIJAK
3.83  NGN
Exchange 500 SUIJAK for 3.83 NGN
1000 SUIJAK
7.66  NGN
Exchange 1000 SUIJAK for 7.66 NGN
5000 SUIJAK
38.28  NGN
Exchange 5000 SUIJAK for 38.28 NGN
10000 SUIJAK
76.55  NGN
Exchange 10000 SUIJAK for 76.55 NGN
In the table above, you'll find a comprehensive SUIJAK to NGN converter that shows the value of Suijak in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SUIJAK to NGN, all the way up to 10000 SUIJAK, providing a clear view of their respective values.
Nigerian Naira
Suijak
1 NGN
130.63 SUIJAK
Exchange 1 NGN for 130.63 SUIJAK
10 NGN
1,306.27 SUIJAK
Exchange 10 NGN for 1,306.27 SUIJAK
50 NGN
6,531.35 SUIJAK
Exchange 50 NGN for 6,531.35 SUIJAK
100 NGN
13,062.71 SUIJAK
Exchange 100 NGN for 13,062.71 SUIJAK
200 NGN
26,125.42 SUIJAK
Exchange 200 NGN for 26,125.42 SUIJAK
500 NGN
65,313.55 SUIJAK
Exchange 500 NGN for 65,313.55 SUIJAK
1000 NGN
130,627.09 SUIJAK
Exchange 1000 NGN for 130,627.09 SUIJAK
2000 NGN
261,254.18 SUIJAK
Exchange 2000 NGN for 261,254.18 SUIJAK
5000 NGN
653,135.46 SUIJAK
Exchange 5000 NGN for 653,135.46 SUIJAK
10000 NGN
1,306,270.92 SUIJAK
Exchange 10000 NGN for 1,306,270.92 SUIJAK
50000 NGN
6,531,354.62 SUIJAK
Exchange 50000 NGN for 6,531,354.62 SUIJAK
100000 NGN
13,062,709.24 SUIJAK
Exchange 100000 NGN for 13,062,709.24 SUIJAK
In the table above, you'll find a comprehensive NGN to SUIJAK converter that shows the value of Nigerian Naira in Suijak across commonly used conversion amounts. The list covers conversions from 1 NGN to SUIJAK, all the way up to 100000 NGN, providing a clear view of their respective values.

SUIJAK to NGN chart

SUIJAK/NGN: 1 SUIJAK = 0.007655 NGN; 2025/12/30 14:10:28
In the past 1D, Suijak has changed -13.99% to NGN. Based on the trend and price charts, Suijak(SUIJAK) has changed -13.99% to NGN while Nigerian Naira(NGN) has changed % to SUIJAK in the last 24 hours.
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SUIJAK to NGN conversion data: Volatility and price changes of Suijak in NGN

The highest Suijak price in NGN over the past 7 days was 0.01041 NGN while the lowest Suijak price in NGN over the past 7 days was 0.007655 NGN. The relative change between the highs and lows in Suijak price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SUIJAK 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
0.008900 NGN
0.01041 NGN
0.01359 NGN
0.04014 NGN
Low
0.007655 NGN
0.007655 NGN
0.007655 NGN
0.007655 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-13.99%
-26.79%
-31.11%
-63.54%

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Suijak information

SUIJAK to NGN market statistics

SUIJAK/NGN:
₦0.007655
SUIJAK 24h volume:
--
SUIJAK market cap:
--
SUIJAK circulating supply:
0 SUIJAK

Current SUIJAK to NGN exchange rate

Suijak to Nigerian Naira is falling this week.
Suijak's current market price is ₦0.007655 per SUIJAK, with a total market cap of ₦0 NGN based on a circulating supply of -- SUIJAK. The trading volume of Suijak has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, SUIJAK's trading volume was ₦0.

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

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How to convert SUIJAK to NGN

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SUIJAK to NGN Conversion tables

The exchange rate of Suijak is decreasing.
The exchange rate of 1 SUIJAK to Nigerian Naira has changed by -26.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -13.99%, reaching a high of 0.008900 NGN and a low of 0.007655 NGN . One month ago, the value of 1 SUIJAK was ₦0.01111 NGN , which represents a -31.11% change from its current value. Over the last year, Suijak has changed by
-
0.1298NGN
, resulting in a change of -94.43% in its value.
24 hours ago1 month ago1 year ago
Amount 14:10 today 24 hours ago 24h change
0.5 SUIJAK
₦0.003828₦0.004450
-13.99%
1 SUIJAK
₦0.007655₦0.008900
-13.99%
5 SUIJAK
₦0.03828₦0.04450
-13.99%
10 SUIJAK
₦0.07655₦0.08900
-13.99%
50 SUIJAK
₦0.3828₦0.4450
-13.99%
100 SUIJAK
₦0.7655₦0.8900
-13.99%
500 SUIJAK
₦3.83₦4.45
-13.99%
1000 SUIJAK
₦7.66₦8.9
-13.99%

SUIJAK to NGN FAQ

How much is 1 Suijak in NGN?
Right now, the price of 1 Suijak (SUIJAK) in Nigerian Naira (NGN) is ₦0.007655.
How much SUIJAK can I buy for 1 NGN?
Based on the current exchange rate, you can get 130.63 SUIJAK for 1 NGN.
How do I calculate or convert SUIJAK to NGN?
You can use our SUIJAK to NGN calculator at the top of this page to convert any amount of SUIJAK to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 653.14 SUIJAK, while 5 SUIJAK will cost around 0.03828NGN.
What is the highest price of SUIJAK/NGN in history?
The all-time high price of 1 SUIJAK in NGN is ₦1.66. It remains to be seen if the value of 1 SUIJAK/NGN will exceed the current all-time high.
What is the price trend of Suijak in NGN?
Over the past 7 days, the exchange rate of Suijak (SUIJAK) has gone down by 26.79%.   Over the last month, the exchange rate of Suijak (SUIJAK) has gone down by 31.11% against Nigerian Naira (NGN).

What factors influence the conversion rate of SUIJAK to NGN?

There are many factors that affect the relationship between Suijak 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 SUIJAK/NGN. When there is positive news in the market about the widespread adoption of SUIJAK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SUIJAK/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SUIJAK/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 SUIJAK/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 Suijak 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 Suijak currency pairs: SUIJAK to US Dollar (USD), SUIJAK to Euro (EUR), SUIJAK to Pound Sterling (GBP), SUIJAK to Canadian Dollar (CAD), SUIJAK to Indian Rupee (INR), SUIJAK to Pakistani Rupee (PKR), SUIJAK to Brazilian Real (BRL), SUIJAK to…
The price of Suijak in the US is $0.₹0.00047465290 USD. Additionally, Suijak’s price is €0.{5}4493 EUR in the eurozone, £0.{5}3912 GBP in the UK, C$0.{5}7241 CAD in Canada, {5} INR in India, ₨0.001481 PKR in Pakistan, R$0.{4}2948 BRL in Brazil, and more.
The most popular Suijak currency pair is the SUIJAK to Nigerian Naira(NGN). The price of 1 Suijak (SUIJAK) in Nigerian Naira (NGN) is ₦0.007655.

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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.
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