Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

FRXETH to NGN Converter and calculator

FRXETH/NGN: 1 FRXETH = 2,926,161.43 NGN. The price of converting 1 Frax Finance - Frax Ether (FRXETH) to Nigerian Naira (NGN) is 2,926,161.43 NGN today.
FRXETH
FRXETH
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides FRXETH to NGN real-time exchange rates, making it easy to convert Frax Finance - Frax Ether (FRXETH) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 FRXETH is currently valued at 2926161.43 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FRXETH is currently valued at 2926161.43 NGN, which means buying 5 FRXETH would cost 14630807.14 NGN. Similarly, ₦1 NGN can be converted to 0.{6}3417 FRXETH, and ₦50 NGN can be converted to 0.{5}1709 FRXETH, excluding any platform or gas fees.

Convert FRXETH to NGN

Convert NGN to FRXETH

Frax Finance - Frax Ether
Nigerian Naira
1 FRXETH
2,926,161.43  NGN
2 FRXETH
5,852,322.86  NGN
5 FRXETH
14,630,807.14  NGN
10 FRXETH
29,261,614.28  NGN
20 FRXETH
58,523,228.56  NGN
50 FRXETH
146,308,071.4  NGN
100 FRXETH
292,616,142.79  NGN
200 FRXETH
585,232,285.59  NGN
500 FRXETH
1,463,080,713.96  NGN
1000 FRXETH
2,926,161,427.93  NGN
5000 FRXETH
14,630,807,139.65  NGN
10000 FRXETH
29,261,614,279.29  NGN
In the table above, you'll find a comprehensive FRXETH to NGN converter that shows the value of Frax Finance - Frax Ether in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 FRXETH to NGN, all the way up to 10000 FRXETH, providing a clear view of their respective values.
Nigerian Naira
Frax Finance - Frax Ether
10 NGN
0.{5}3417 FRXETH
50 NGN
0.{4}1709 FRXETH
100 NGN
0.{4}3417 FRXETH
200 NGN
0.{4}6835 FRXETH
500 NGN
0.0001709 FRXETH
1000 NGN
0.0003417 FRXETH
2000 NGN
0.0006835 FRXETH
5000 NGN
0.001709 FRXETH
10000 NGN
0.003417 FRXETH
50000 NGN
0.01709 FRXETH
100000 NGN
0.03417 FRXETH
In the table above, you'll find a comprehensive NGN to FRXETH converter that shows the value of Nigerian Naira in Frax Finance - Frax Ether across commonly used conversion amounts. The list covers conversions from 1 NGN to FRXETH, all the way up to 100000 NGN, providing a clear view of their respective values.

FRXETH to NGN chart

FRXETH/NGN: 1 FRXETH = 2,926,161.43 NGN; 2025/04/29 11:35:30
In the past 1D, Frax Finance - Frax Ether has changed +0.53% to NGN. Based on the trend and price charts, Frax Finance - Frax Ether(FRXETH) has changed +0.53% to NGN while Nigerian Naira(NGN) has changed % to FRXETH in the last 24 hours.
1D7D1M3M1YAll

FRXETH to NGN conversion data: Volatility and price changes of Frax Finance - Frax Ether in NGN

The highest Frax Finance - Frax Ether price in NGN over the past 7 days was 2,945,994.44 NGN while the lowest Frax Finance - Frax Ether price in NGN over the past 7 days was 2,784,697.05 NGN. The relative change between the highs and lows in Frax Finance - Frax Ether price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and FRXETH to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
2,938,338.55 NGN
2,945,994.44 NGN
3,102,552.16 NGN
5,438,257.09 NGN
Low
2,805,312.35 NGN
2,784,697.05 NGN
2,222,760.96 NGN
2,222,760.96 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.53%
+12.20%
-0.27%
-41.65%

Frax Finance - Frax Ether information

FRXETH to NGN market statistics

FRXETH/NGN:
₦2,926,161.43
FRXETH 24h volume:
₦590,241,967.84
FRXETH market cap:
--
FRXETH circulating supply:
0 FRXETH

Current FRXETH to NGN exchange rate

Frax Finance - Frax Ether to Nigerian Naira is rising this week.
Frax Finance - Frax Ether's current market price is ₦2,926,161.43 per FRXETH, with a total market cap of ₦0 NGN based on a circulating supply of -- FRXETH. The trading volume of Frax Finance - Frax Ether has changed by -83.38% (₦-2,960,192,438.25 NGN) in the last 24 hours. Last trading day, FRXETH's trading volume was ₦3,550,434,406.08.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 94932.59 USD
popular info ethereum
ETH to USD
1 ETH to 1793.57 USD
popular info ripple
XRP to USD
1 XRP to 2.29 USD
popular info solana
SOL to USD
1 SOL to 147.34 USD
popular info bitcoin
BTC to EUR
1 BTC to 83303.34 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70715.28 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131253.79 CAD
popular info bitcoin
BTC to BRL
1 BTC to 538751.92 BRL
popular info bitcoin
BTC to INR
1 BTC to 8087648.76 INR
popular info pi-network
PI to INR
1 PI to 51.90 INR

Hot promotions

How to convert FRXETH to NGN

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert FRXETH to NGN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy FRXETH (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of FRXETH with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy FRXETH with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Frax Finance - Frax Ether Converter

popular info New Taiwan dollar
FRXETH to TWD
1 FRXETH to NT$58,803.12 TWD
popular info Chinese Yuan
FRXETH to CNY
1 FRXETH to ¥13,277.96 CNY
popular info United States Dollar
FRXETH to USD
1 FRXETH to $1,824.6 USD
popular info Euro
FRXETH to EUR
1 FRXETH to €1,601.08 EUR
popular info Canadian Dollar
FRXETH to CAD
1 FRXETH to C$2,522.69 CAD
popular info Nigerian Naira
FRXETH to NGN
1 FRXETH to ₦2,923,059.61 NGN
popular info South Korean Won
FRXETH to KRW
1 FRXETH to ₩2,615,104.08 KRW
popular info Japanese Yen
FRXETH to JPY
1 FRXETH to ¥259,831.23 JPY
popular info Pound Sterling
FRXETH to GBP
1 FRXETH to £1,359.14 GBP
popular info Brazilian Real
FRXETH to BRL
1 FRXETH to R$10,354.77 BRL

Popular cryptocurrencies to NGN

other assets Virtuals Protocol
VIRTUAL to NGN
1 VIRTUAL to ₦2,317.49 NGN
other assets Sign
SIGN to NGN
1 SIGN to ₦166.76 NGN
other assets TokenFi
TOKEN to NGN
1 TOKEN to ₦35.42 NGN
other assets Pi
PI to NGN
1 PI to ₦926.43 NGN
other assets Bitcoin
BTC to NGN
1 BTC to ₦152,714,820.39 NGN
other assets MilkyWay
MILK to NGN
1 MILK to ₦231.73 NGN
other assets FLOKI
FLOKI to NGN
1 FLOKI to ₦0.1340 NGN
other assets Cookie DAO
COOKIE to NGN
1 COOKIE to ₦258.61 NGN
other assets Ethereum
ETH to NGN
1 ETH to ₦2,941,457 NGN
other assets Solayer
LAYER to NGN
1 LAYER to ₦4,998.19 NGN

FRXETH to NGN Conversion tables

The exchange rate of Frax Finance - Frax Ether is decreasing.
The exchange rate of 1 FRXETH to Nigerian Naira has changed by +12.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.53%, reaching a high of 2,938,338.55 NGN and a low of 2,805,312.35 NGN . One month ago, the value of 1 FRXETH was ₦2,933,998.54 NGN , which represents a -0.27% change from its current value. Over the last year, Frax Finance - Frax Ether has changed by
-
2,156,656.65NGN
, resulting in a change of -42.43% in its value.
24 hours ago1 month ago1 year ago
Amount11:35 am today24 hours ago24h change
0.5 FRXETH₦1,463,080.71₦1,455,328.6
+0.53%
1 FRXETH₦2,926,161.43₦2,910,657.21
+0.53%
5 FRXETH₦14,630,807.14₦14,553,286.04
+0.53%
10 FRXETH₦29,261,614.28₦29,106,572.08
+0.53%
50 FRXETH₦146,308,071.4₦145,532,860.39
+0.53%
100 FRXETH₦292,616,142.79₦291,065,720.78
+0.53%
500 FRXETH₦1,463,080,713.96₦1,455,328,603.89
+0.53%
1000 FRXETH₦2,926,161,427.93₦2,910,657,207.78
+0.53%

FRXETH to NGN FAQ

How much is 1 Frax Finance - Frax Ether in NGN?
Right now, the price of 1 Frax Finance - Frax Ether (FRXETH) in Nigerian Naira (NGN) is ₦2,926,161.43.
How much FRXETH can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.{6}3417 FRXETH for 1 NGN.
How do I calculate or convert FRXETH to NGN?
You can use our FRXETH to NGN calculator at the top of this page to convert any amount of FRXETH to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.{5}1709 FRXETH, while 5 FRXETH will cost around 14,630,807.14NGN.
What is the highest price of FRXETH/NGN in history?
The all-time high price of 1 FRXETH in NGN is ₦6,534,768.99. It remains to be seen if the value of 1 FRXETH/NGN will exceed the current all-time high.
What is the price trend of Frax Finance - Frax Ether in NGN?
Over the past 7 days, the exchange rate of Frax Finance - Frax Ether (FRXETH) has gone up by 12.20%.   Over the last month, the exchange rate of Frax Finance - Frax Ether (FRXETH) has gone down by 0.27% against Nigerian Naira (NGN).

What factors influence the conversion rate of FRXETH to NGN?

There are many factors that affect the relationship between Frax Finance - Frax Ether 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 FRXETH/NGN. When there is positive news in the market about the widespread adoption of FRXETH or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FRXETH/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FRXETH/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 FRXETH/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 Frax Finance - Frax Ether and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.