Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

IDV to NGN Converter and calculator

IDV/NGN: 1 IDV = 0.1740 NGN. The price of converting 1 Idavoll DAO (IDV) to Nigerian Naira (NGN) is 0.1740 NGN today.
IDV
IDV
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides IDV to NGN real-time exchange rates, making it easy to convert Idavoll DAO (IDV) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 IDV is currently valued at 0.17 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IDV is currently valued at 0.17 NGN, which means buying 5 IDV would cost 0.87 NGN. Similarly, ₦1 NGN can be converted to 5.75 IDV, and ₦50 NGN can be converted to 28.74 IDV, excluding any platform or gas fees.

Convert IDV to NGN

Convert NGN to IDV

Idavoll DAO
Nigerian Naira
10000 IDV
1,739.98  NGN
In the table above, you'll find a comprehensive IDV to NGN converter that shows the value of Idavoll DAO in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 IDV to NGN, all the way up to 10000 IDV, providing a clear view of their respective values.
Nigerian Naira
Idavoll DAO
10000 NGN
57,471.84 IDV
50000 NGN
287,359.18 IDV
100000 NGN
574,718.37 IDV
In the table above, you'll find a comprehensive NGN to IDV converter that shows the value of Nigerian Naira in Idavoll DAO across commonly used conversion amounts. The list covers conversions from 1 NGN to IDV, all the way up to 100000 NGN, providing a clear view of their respective values.

IDV to NGN chart

IDV/NGN: 1 IDV = 0.1740 NGN; 2025/04/26 20:09:11
In the past 1D, Idavoll DAO has changed -4.01% to NGN. Based on the trend and price charts, Idavoll DAO(IDV) has changed -4.01% to NGN while Nigerian Naira(NGN) has changed % to IDV in the last 24 hours.
1D7D1M3M1YAll

IDV to NGN conversion data: Volatility and price changes of Idavoll DAO in NGN

The highest Idavoll DAO price in NGN over the past 7 days was 0.2348 NGN while the lowest Idavoll DAO price in NGN over the past 7 days was 0.1538 NGN. The relative change between the highs and lows in Idavoll DAO price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and IDV 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
0.1815 NGN
0.2348 NGN
0.2526 NGN
0.3018 NGN
Low
0.1738 NGN
0.1538 NGN
0.1021 NGN
0.1021 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-4.01%
+5.32%
+48.56%
-14.24%

Idavoll DAO information

IDV to NGN market statistics

IDV/NGN:
₦0.1740
IDV 24h volume:
₦26,797,145.28
IDV market cap:
₦160,822,822.85
IDV circulating supply:
924.28M IDV

Current IDV to NGN exchange rate

Idavoll DAO to Nigerian Naira is rising this week.
Idavoll DAO's current market price is ₦0.1740 per IDV, with a total market cap of ₦160,822,822.85 NGN based on a circulating supply of 924,278,340 IDV. The trading volume of Idavoll DAO has changed by +5.18% (₦1,318,882.28 NGN) in the last 24 hours. Last trading day, IDV's trading volume was ₦25,478,263.

More info about Idavoll DAO 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 Idavoll DAO currency pair is the IDV to NGN, with for Idavoll DAO's currency code being IDV. 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 94377.00 USD
popular info ethereum
ETH to USD
1 ETH to 1806.87 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 149.38 USD
popular info bitcoin
BTC to EUR
1 BTC to 82778.07 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70886.56 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131051.90 CAD
popular info bitcoin
BTC to BRL
1 BTC to 537042.88 BRL
popular info bitcoin
BTC to INR
1 BTC to 8058351.83 INR
popular info pi-network
PI to INR
1 PI to 55.52 INR

Hot promotions

How to convert IDV 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 IDV to NGN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy IDV (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of IDV with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy IDV 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 Idavoll DAO Converter

popular info New Taiwan dollar
IDV to TWD
1 IDV to NT$0.003521 TWD
popular info Chinese Yuan
IDV to CNY
1 IDV to ¥0.0007885 CNY
popular info United States Dollar
IDV to USD
1 IDV to $0.0001082 USD
popular info Euro
IDV to EUR
1 IDV to €0.{4}9486 EUR
popular info Canadian Dollar
IDV to CAD
1 IDV to C$0.0001502 CAD
popular info Nigerian Naira
IDV to NGN
1 IDV to ₦0.1740 NGN
popular info South Korean Won
IDV to KRW
1 IDV to ₩0.1556 KRW
popular info Japanese Yen
IDV to JPY
1 IDV to ¥0.01554 JPY
popular info Pound Sterling
IDV to GBP
1 IDV to £0.{4}8123 GBP
popular info Brazilian Real
IDV to BRL
1 IDV to R$0.0006154 BRL

Popular cryptocurrencies to NGN

other assets OFFICIAL TRUMP
TRUMP to NGN
1 TRUMP to ₦24,993.57 NGN
other assets Alpaca Finance
ALPACA to NGN
1 ALPACA to ₦458.76 NGN
other assets Turbo
TURBO to NGN
1 TURBO to ₦8.49 NGN
other assets TRON
TRX to NGN
1 TRX to ₦406.68 NGN
other assets Brett (Based)
BRETT to NGN
1 BRETT to ₦111.71 NGN
other assets Bonk
BONK to NGN
1 BONK to ₦0.02990 NGN
other assets Virtuals Protocol
VIRTUAL to NGN
1 VIRTUAL to ₦1,722.54 NGN
other assets EthereumPoW
ETHW to NGN
1 ETHW to ₦3,438.99 NGN
other assets NEM
XEM to NGN
1 XEM to ₦41.43 NGN
other assets BitTorrent [New]
BTT to NGN
1 BTT to ₦0.001235 NGN

IDV to NGN Conversion tables

The exchange rate of Idavoll DAO is increasing.
The exchange rate of 1 IDV to Nigerian Naira has changed by +5.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.01%, reaching a high of 0.1815 NGN and a low of 0.1738 NGN . One month ago, the value of 1 IDV was ₦0.1171 NGN , which represents a +48.56% change from its current value. Over the last year, Idavoll DAO has changed by
-
1.75NGN
, resulting in a change of -90.96% in its value.
24 hours ago1 month ago1 year ago
Amount20:09 today24 hours ago24h change
0.5 IDV₦0.08700₦0.09064
-4.01%
1 IDV₦0.1740₦0.1813
-4.01%
5 IDV₦0.8700₦0.9064
-4.01%
10 IDV₦1.74₦1.81
-4.01%
50 IDV₦8.7₦9.06
-4.01%
100 IDV₦17.4₦18.13
-4.01%
500 IDV₦87₦90.64
-4.01%
1000 IDV₦174₦181.27
-4.01%

IDV to NGN FAQ

How much is 1 Idavoll DAO in NGN?
Right now, the price of 1 Idavoll DAO (IDV) in Nigerian Naira (NGN) is ₦0.1740.
How much IDV can I buy for 1 NGN?
Based on the current exchange rate, you can get 5.75 IDV for 1 NGN.
How do I calculate or convert IDV to NGN?
You can use our IDV to NGN calculator at the top of this page to convert any amount of IDV to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 28.74 IDV, while 5 IDV will cost around 0.8700NGN.
What is the highest price of IDV/NGN in history?
The all-time high price of 1 IDV in NGN is ₦700.4. It remains to be seen if the value of 1 IDV/NGN will exceed the current all-time high.
What is the price trend of Idavoll DAO in NGN?
Over the past 7 days, the exchange rate of Idavoll DAO (IDV) has gone up by 5.32%.   Over the last month, the exchange rate of Idavoll DAO (IDV) has gone up by 48.56% against Nigerian Naira (NGN).

What factors influence the conversion rate of IDV to NGN?

There are many factors that affect the relationship between Idavoll DAO 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 IDV/NGN. When there is positive news in the market about the widespread adoption of IDV or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IDV/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IDV/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 IDV/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 Idavoll DAO 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.