Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

SHIDO to NGN Converter and calculator

SHIDO/NGN: 1 SHIDO = 0.3017 NGN. The price of converting 1 Shido ETH (SHIDO) to Nigerian Naira (NGN) is 0.3017 NGN today.
SHIDO
SHIDO
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides SHIDO to NGN real-time exchange rates, making it easy to convert Shido ETH (SHIDO) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SHIDO is currently valued at 0.30 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHIDO is currently valued at 0.30 NGN, which means buying 5 SHIDO would cost 1.51 NGN. Similarly, ₦1 NGN can be converted to 3.31 SHIDO, and ₦50 NGN can be converted to 16.57 SHIDO, excluding any platform or gas fees.

Convert SHIDO to NGN

Convert NGN to SHIDO

Shido ETH
Nigerian Naira
500 SHIDO
150.87  NGN
1000 SHIDO
301.74  NGN
5000 SHIDO
1,508.72  NGN
10000 SHIDO
3,017.44  NGN
In the table above, you'll find a comprehensive SHIDO to NGN converter that shows the value of Shido ETH in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SHIDO to NGN, all the way up to 10000 SHIDO, providing a clear view of their respective values.
Nigerian Naira
Shido ETH
1000 NGN
3,314.07 SHIDO
2000 NGN
6,628.14 SHIDO
5000 NGN
16,570.35 SHIDO
10000 NGN
33,140.71 SHIDO
50000 NGN
165,703.54 SHIDO
100000 NGN
331,407.09 SHIDO
In the table above, you'll find a comprehensive NGN to SHIDO converter that shows the value of Nigerian Naira in Shido ETH across commonly used conversion amounts. The list covers conversions from 1 NGN to SHIDO, all the way up to 100000 NGN, providing a clear view of their respective values.

SHIDO to NGN chart

SHIDO/NGN: 1 SHIDO = 0.3017 NGN; 2025/04/26 19:10:43
In the past 1D, Shido ETH has changed +2.48% to NGN. Based on the trend and price charts, Shido ETH(SHIDO) has changed +2.48% to NGN while Nigerian Naira(NGN) has changed % to SHIDO in the last 24 hours.
1D7D1M3M1YAll

SHIDO to NGN conversion data: Volatility and price changes of Shido ETH in NGN

The highest Shido ETH price in NGN over the past 7 days was 0.3036 NGN while the lowest Shido ETH price in NGN over the past 7 days was 0.2611 NGN. The relative change between the highs and lows in Shido ETH price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SHIDO 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
0.3027 NGN
0.3036 NGN
0.3801 NGN
0.9218 NGN
Low
0.2932 NGN
0.2611 NGN
0.2560 NGN
0.2560 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+2.48%
+9.24%
-22.39%
-66.93%

Shido ETH information

SHIDO to NGN market statistics

SHIDO/NGN:
₦0.3017
SHIDO 24h volume:
--
SHIDO market cap:
₦5,377,278,710.62
SHIDO circulating supply:
17.82B SHIDO

Current SHIDO to NGN exchange rate

Shido ETH to Nigerian Naira is rising this week.
Shido ETH's current market price is ₦0.3017 per SHIDO, with a total market cap of ₦5,377,278,710.62 NGN based on a circulating supply of 17,820,684,000 SHIDO. The trading volume of Shido ETH has changed by -100.00% (₦-- NGN) in the last 24 hours. Last trading day, SHIDO's trading volume was ₦--.

More info about Shido ETH 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 Shido ETH currency pair is the SHIDO to NGN, with for Shido ETH's currency code being SHIDO. 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 SHIDO 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 SHIDO to NGN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

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

popular info New Taiwan dollar
SHIDO to TWD
1 SHIDO to NT$0.006105 TWD
popular info Chinese Yuan
SHIDO to CNY
1 SHIDO to ¥0.001367 CNY
popular info United States Dollar
SHIDO to USD
1 SHIDO to $0.0001876 USD
popular info Euro
SHIDO to EUR
1 SHIDO to €0.0001645 EUR
popular info Canadian Dollar
SHIDO to CAD
1 SHIDO to C$0.0002604 CAD
popular info Nigerian Naira
SHIDO to NGN
1 SHIDO to ₦0.3017 NGN
popular info South Korean Won
SHIDO to KRW
1 SHIDO to ₩0.2698 KRW
popular info Japanese Yen
SHIDO to JPY
1 SHIDO to ¥0.02695 JPY
popular info Pound Sterling
SHIDO to GBP
1 SHIDO to £0.0001409 GBP
popular info Brazilian Real
SHIDO to BRL
1 SHIDO to R$0.001067 BRL

Popular cryptocurrencies to NGN

other assets OFFICIAL TRUMP
TRUMP to NGN
1 TRUMP to ₦25,074.07 NGN
other assets Alpaca Finance
ALPACA to NGN
1 ALPACA to ₦481.32 NGN
other assets Turbo
TURBO to NGN
1 TURBO to ₦8.9 NGN
other assets Bonk
BONK to NGN
1 BONK to ₦0.03009 NGN
other assets Virtuals Protocol
VIRTUAL to NGN
1 VIRTUAL to ₦1,717.67 NGN
other assets TRON
TRX to NGN
1 TRX to ₦405.67 NGN
other assets Brett (Based)
BRETT to NGN
1 BRETT to ₦112.12 NGN
other assets Worldcoin
WLD to NGN
1 WLD to ₦1,855.77 NGN
other assets Pepe
PEPE to NGN
1 PEPE to ₦0.01467 NGN
other assets NEM
XEM to NGN
1 XEM to ₦40.66 NGN

SHIDO to NGN Conversion tables

The exchange rate of Shido ETH is decreasing.
The exchange rate of 1 SHIDO to Nigerian Naira has changed by +9.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.48%, reaching a high of 0.3027 NGN and a low of 0.2932 NGN . One month ago, the value of 1 SHIDO was ₦0.3884 NGN , which represents a -22.39% change from its current value. Over the last year, Shido ETH has changed by
-
1.52NGN
, resulting in a change of -83.51% in its value.
24 hours ago1 month ago1 year ago
Amount19:10 today24 hours ago24h change
0.5 SHIDO₦0.1509₦0.1472
+2.48%
1 SHIDO₦0.3017₦0.2945
+2.48%
5 SHIDO₦1.51₦1.47
+2.48%
10 SHIDO₦3.02₦2.94
+2.48%
50 SHIDO₦15.09₦14.72
+2.48%
100 SHIDO₦30.17₦29.45
+2.48%
500 SHIDO₦150.87₦147.23
+2.48%
1000 SHIDO₦301.74₦294.47
+2.48%

SHIDO to NGN FAQ

How much is 1 Shido ETH in NGN?
Right now, the price of 1 Shido ETH (SHIDO) in Nigerian Naira (NGN) is ₦0.3017.
How much SHIDO can I buy for 1 NGN?
Based on the current exchange rate, you can get 3.31 SHIDO for 1 NGN.
How do I calculate or convert SHIDO to NGN?
You can use our SHIDO to NGN calculator at the top of this page to convert any amount of SHIDO to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 16.57 SHIDO, while 5 SHIDO will cost around 1.51NGN.
What is the highest price of SHIDO/NGN in history?
The all-time high price of 1 SHIDO in NGN is ₦74.5. It remains to be seen if the value of 1 SHIDO/NGN will exceed the current all-time high.
What is the price trend of Shido ETH in NGN?
Over the past 7 days, the exchange rate of Shido ETH (SHIDO) has gone up by 9.24%.   Over the last month, the exchange rate of Shido ETH (SHIDO) has gone down by 22.39% against Nigerian Naira (NGN).

What factors influence the conversion rate of SHIDO to NGN?

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