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AFR to NGN Converter and calculator

AFR/NGN: 1 AFR = 0.8053 NGN. The price of converting 1 Afreum (AFR) to Nigerian Naira (NGN) is 0.8053 NGN today.
AFR
AFR
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides AFR to NGN real-time exchange rates, making it easy to convert Afreum (AFR) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 AFR is currently valued at 0.8053 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 AFR is currently valued at 0.8053 NGN, which means buying 5 AFR would cost 4.03 NGN. Similarly, ₦1 NGN can be converted to 1.24 AFR, and ₦50 NGN can be converted to 6.21 AFR, excluding any platform or gas fees.

Convert AFR to NGN

Convert NGN to AFR

Afreum
Nigerian Naira
5000 AFR
4,026.39  NGN
10000 AFR
8,052.78  NGN
In the table above, you'll find a comprehensive AFR to NGN converter that shows the value of Afreum in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 AFR to NGN, all the way up to 10000 AFR, providing a clear view of their respective values.
Nigerian Naira
Afreum
10000 NGN
12,418.07 AFR
50000 NGN
62,090.34 AFR
100000 NGN
124,180.67 AFR
In the table above, you'll find a comprehensive NGN to AFR converter that shows the value of Nigerian Naira in Afreum across commonly used conversion amounts. The list covers conversions from 1 NGN to AFR, all the way up to 100000 NGN, providing a clear view of their respective values.

AFR to NGN chart

AFR/NGN: 1 AFR = 0.8053 NGN; 2025/06/17 02:26:38
In the past 1D, Afreum has changed +0.46% to NGN. Based on the trend and price charts, Afreum(AFR) has changed +0.46% to NGN while Nigerian Naira(NGN) has changed % to AFR in the last 24 hours.
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AFR to NGN conversion data: Volatility and price changes of Afreum in NGN

The highest Afreum price in NGN over the past 7 days was 0.8225 NGN while the lowest Afreum price in NGN over the past 7 days was 0.7308 NGN. The relative change between the highs and lows in Afreum price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and AFR 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
0.8154 NGN
0.8225 NGN
1.64 NGN
1.64 NGN
Low
0.7406 NGN
0.7308 NGN
0.6514 NGN
0.6514 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.46%
-1.91%
-48.11%
-47.15%

Afreum information

AFR to NGN market statistics

AFR/NGN:
₦0.8053
AFR 24h volume:
--
AFR market cap:
--
AFR circulating supply:
0 AFR

Current AFR to NGN exchange rate

Afreum to Nigerian Naira is falling this week.
Afreum's current market price is ₦0.8053 per AFR, with a total market cap of ₦0 NGN based on a circulating supply of -- AFR. The trading volume of Afreum has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, AFR's trading volume was ₦0.

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

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How to convert AFR to NGN

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AFR to NGN Conversion tables

The exchange rate of Afreum is decreasing.
The exchange rate of 1 AFR to Nigerian Naira has changed by -1.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.46%, reaching a high of 0.8154 NGN and a low of 0.7406 NGN . One month ago, the value of 1 AFR was ₦1.55 NGN , which represents a -48.11% change from its current value. Over the last year, Afreum has changed by
-
1.06NGN
, resulting in a change of -56.73% in its value.
24 hours ago1 month ago1 year ago
Amount 02:26 am today 24 hours ago 24h change
0.5 AFR
₦0.4026₦0.4008
+0.46%
1 AFR
₦0.8053₦0.8016
+0.46%
5 AFR
₦4.03₦4.01
+0.46%
10 AFR
₦8.05₦8.02
+0.46%
50 AFR
₦40.26₦40.08
+0.46%
100 AFR
₦80.53₦80.16
+0.46%
500 AFR
₦402.64₦400.79
+0.46%
1000 AFR
₦805.28₦801.58
+0.46%

AFR to NGN FAQ

How much is 1 Afreum in NGN?
Right now, the price of 1 Afreum (AFR) in Nigerian Naira (NGN) is ₦0.8053.
How much AFR can I buy for 1 NGN?
Based on the current exchange rate, you can get 1.24 AFR for 1 NGN.
How do I calculate or convert AFR to NGN?
You can use our AFR to NGN calculator at the top of this page to convert any amount of AFR to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 6.21 AFR, while 5 AFR will cost around 4.03NGN.
What is the highest price of AFR/NGN in history?
The all-time high price of 1 AFR in NGN is ₦3.07. It remains to be seen if the value of 1 AFR/NGN will exceed the current all-time high.
What is the price trend of Afreum in NGN?
Over the past 7 days, the exchange rate of Afreum (AFR) has gone down by 1.91%.   Over the last month, the exchange rate of Afreum (AFR) has gone down by 48.11% against Nigerian Naira (NGN).

What factors influence the conversion rate of AFR to NGN?

There are many factors that affect the relationship between Afreum 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 AFR/NGN. When there is positive news in the market about the widespread adoption of AFR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of AFR/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in AFR/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 AFR/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 Afreum 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 Afreum currency pairs: AFR to US Dollar (USD), AFR to Euro (EUR), AFR to Pound Sterling (GBP), AFR to Canadian Dollar (CAD), AFR to Indian Rupee (INR), AFR to Pakistani Rupee (PKR), AFR to Brazilian Real (BRL), AFR to…
The price of Afreum in the US is $0.0005219 USD. Additionally, Afreum’s price is €0.0004518 EUR in the eurozone, £0.0003848 GBP in the UK, C$0.0007086 CAD in Canada, ₹0.04494 INR in India, ₨0.1477 PKR in Pakistan, R$0.002866 BRL in Brazil, and more.
The most popular Afreum currency pair is the AFR to Nigerian Naira(NGN). The price of 1 Afreum (AFR) in Nigerian Naira (NGN) is ₦0.8053.

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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.