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tem welz to Nigerian Naira (WELZ to NGN)

WELZ to NGN Converter and calculator

WELZ/NGN: 1 WELZ = 0.2361 NGN. The price of converting 1 tem welz (WELZ) to Nigerian Naira (NGN) is 0.2361 NGN today.
WELZ
WELZ
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WELZ to NGN real-time exchange rates, making it easy to convert tem welz (WELZ) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 WELZ is currently valued at 0.2361 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WELZ is currently valued at 0.2361 NGN, which means buying 5 WELZ would cost 1.18 NGN. Similarly, ₦1 NGN can be converted to 4.24 WELZ, and ₦50 NGN can be converted to 21.18 WELZ, excluding any platform or gas fees.

Convert WELZ to NGN

Convert NGN to WELZ

tem welz
Nigerian Naira
1 WELZ
0.2361  NGN
Exchange 1 WELZ for 0.2361 NGN
2 WELZ
0.4721  NGN
Exchange 2 WELZ for 0.4721 NGN
5 WELZ
1.18  NGN
Exchange 5 WELZ for 1.18 NGN
10 WELZ
2.36  NGN
Exchange 10 WELZ for 2.36 NGN
20 WELZ
4.72  NGN
Exchange 20 WELZ for 4.72 NGN
50 WELZ
11.8  NGN
Exchange 50 WELZ for 11.8 NGN
100 WELZ
23.61  NGN
Exchange 100 WELZ for 23.61 NGN
200 WELZ
47.21  NGN
Exchange 200 WELZ for 47.21 NGN
500 WELZ
118.03  NGN
Exchange 500 WELZ for 118.03 NGN
1000 WELZ
236.06  NGN
Exchange 1000 WELZ for 236.06 NGN
5000 WELZ
1,180.32  NGN
Exchange 5000 WELZ for 1,180.32 NGN
10000 WELZ
2,360.64  NGN
Exchange 10000 WELZ for 2,360.64 NGN
In the table above, you'll find a comprehensive WELZ to NGN converter that shows the value of tem welz in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 WELZ to NGN, all the way up to 10000 WELZ, providing a clear view of their respective values.
Nigerian Naira
tem welz
1 NGN
4.24 WELZ
Exchange 1 NGN for 4.24 WELZ
10 NGN
42.36 WELZ
Exchange 10 NGN for 42.36 WELZ
50 NGN
211.81 WELZ
Exchange 50 NGN for 211.81 WELZ
100 NGN
423.61 WELZ
Exchange 100 NGN for 423.61 WELZ
200 NGN
847.23 WELZ
Exchange 200 NGN for 847.23 WELZ
500 NGN
2,118.07 WELZ
Exchange 500 NGN for 2,118.07 WELZ
1000 NGN
4,236.14 WELZ
Exchange 1000 NGN for 4,236.14 WELZ
2000 NGN
8,472.28 WELZ
Exchange 2000 NGN for 8,472.28 WELZ
5000 NGN
21,180.71 WELZ
Exchange 5000 NGN for 21,180.71 WELZ
10000 NGN
42,361.42 WELZ
Exchange 10000 NGN for 42,361.42 WELZ
50000 NGN
211,807.08 WELZ
Exchange 50000 NGN for 211,807.08 WELZ
100000 NGN
423,614.15 WELZ
Exchange 100000 NGN for 423,614.15 WELZ
In the table above, you'll find a comprehensive NGN to WELZ converter that shows the value of Nigerian Naira in tem welz across commonly used conversion amounts. The list covers conversions from 1 NGN to WELZ, all the way up to 100000 NGN, providing a clear view of their respective values.

WELZ to NGN chart

WELZ/NGN: 1 WELZ = 0.2361 NGN; 2025/12/29 10:09:24
In the past 1D, tem welz has changed +0.23% to NGN. Based on the trend and price charts, tem welz(WELZ) has changed +0.23% to NGN while Nigerian Naira(NGN) has changed % to WELZ in the last 24 hours.
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WELZ to NGN conversion data: Volatility and price changes of tem welz in NGN

The highest tem welz price in NGN over the past 7 days was -- NGN while the lowest tem welz price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in tem welz price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and WELZ 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
0.2665 NGN
-- NGN
-- NGN
-- NGN
Low
0.1188 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.23%
--
--
--

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Bitget P2P trading does not currently support direct buying of WELZ with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy WELZ with USDT via Bitget spot market.
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tem welz information

WELZ to NGN market statistics

WELZ/NGN:
₦0.2361
WELZ 24h volume:
₦1,413,274,848.27
WELZ market cap:
₦236,046,541.32
WELZ circulating supply:
999.93M WELZ

Current WELZ to NGN exchange rate

tem welz to Nigerian Naira is falling this week.
tem welz's current market price is ₦0.2361 per WELZ, with a total market cap of ₦236,046,541.32 NGN based on a circulating supply of 999,926,500 WELZ. The trading volume of tem welz has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, WELZ's trading volume was ₦--.

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

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How to convert WELZ to NGN

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WELZ to NGN Conversion tables

The exchange rate of tem welz is decreasing.
The exchange rate of 1 WELZ to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.23%, reaching a high of 0.2665 NGN and a low of 0.1188 NGN . One month ago, the value of 1 WELZ was ₦-- NGN , which represents a --% change from its current value. Over the last year, tem welz has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 10:09 am today 24 hours ago 24h change
0.5 WELZ
₦0.1180₦--
+0.23%
1 WELZ
₦0.2361₦--
+0.23%
5 WELZ
₦1.18₦--
+0.23%
10 WELZ
₦2.36₦--
+0.23%
50 WELZ
₦11.8₦--
+0.23%
100 WELZ
₦23.61₦--
+0.23%
500 WELZ
₦118.03₦--
+0.23%
1000 WELZ
₦236.06₦--
+0.23%

WELZ to NGN FAQ

How much is 1 tem welz in NGN?
Right now, the price of 1 tem welz (WELZ) in Nigerian Naira (NGN) is ₦0.2361.
How much WELZ can I buy for 1 NGN?
Based on the current exchange rate, you can get 4.24 WELZ for 1 NGN.
How do I calculate or convert WELZ to NGN?
You can use our WELZ to NGN calculator at the top of this page to convert any amount of WELZ to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 21.18 WELZ, while 5 WELZ will cost around 1.18NGN.
What is the highest price of WELZ/NGN in history?
The all-time high price of 1 WELZ in NGN is --. It remains to be seen if the value of 1 WELZ/NGN will exceed the current all-time high.
What is the price trend of tem welz in NGN?
Over the past 7 days, the exchange rate of tem welz (WELZ) has gone down by --.   Over the last month, the exchange rate of tem welz (WELZ) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of WELZ to NGN?

There are many factors that affect the relationship between tem welz 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 WELZ/NGN. When there is positive news in the market about the widespread adoption of WELZ or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WELZ/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WELZ/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 WELZ/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 tem welz 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 tem welz currency pairs: WELZ to US Dollar (USD), WELZ to Euro (EUR), WELZ to Pound Sterling (GBP), WELZ to Canadian Dollar (CAD), WELZ to Indian Rupee (INR), WELZ to Pakistani Rupee (PKR), WELZ to Brazilian Real (BRL), WELZ to…
The price of tem welz in the US is $0.0001627 USD. Additionally, tem welz’s price is €0.0001382 EUR in the eurozone, £0.0001207 GBP in the UK, C$0.0002227 CAD in Canada, ₹0.01463 INR in India, ₨0.04559 PKR in Pakistan, R$0.0009063 BRL in Brazil, and more.
The most popular tem welz currency pair is the WELZ to Nigerian Naira(NGN). The price of 1 tem welz (WELZ) in Nigerian Naira (NGN) is ₦0.2361.

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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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