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STP to NGN Converter and calculator

STP/NGN: 1 STP = 158.41 NGN. The price of converting 1 STPAY (STP) to Nigerian Naira (NGN) is 158.41 NGN today.
STP
STP
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides STP to NGN real-time exchange rates, making it easy to convert STPAY (STP) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 STP is currently valued at 158.41 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 STP is currently valued at 158.41 NGN, which means buying 5 STP would cost 792.03 NGN. Similarly, ₦1 NGN can be converted to 0.006313 STP, and ₦50 NGN can be converted to 0.03156 STP, excluding any platform or gas fees.

Convert STP to NGN

Convert NGN to STP

STPAY
Nigerian Naira
100 STP
15,840.61  NGN
200 STP
31,681.22  NGN
500 STP
79,203.04  NGN
1000 STP
158,406.08  NGN
5000 STP
792,030.41  NGN
10000 STP
1,584,060.83  NGN
In the table above, you'll find a comprehensive STP to NGN converter that shows the value of STPAY in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 STP to NGN, all the way up to 10000 STP, providing a clear view of their respective values.
In the table above, you'll find a comprehensive NGN to STP converter that shows the value of Nigerian Naira in STPAY across commonly used conversion amounts. The list covers conversions from 1 NGN to STP, all the way up to 100000 NGN, providing a clear view of their respective values.

STP to NGN chart

STP/NGN: 1 STP = 158.41 NGN; 2025/06/13 03:16:21
In the past 1D, STPAY has changed -4.51% to NGN. Based on the trend and price charts, STPAY(STP) has changed -4.51% to NGN while Nigerian Naira(NGN) has changed % to STP in the last 24 hours.
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STP to NGN conversion data: Volatility and price changes of STPAY in NGN

The highest STPAY price in NGN over the past 7 days was 168.49 NGN while the lowest STPAY price in NGN over the past 7 days was 155.51 NGN. The relative change between the highs and lows in STPAY price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and STP 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
165.73 NGN
168.49 NGN
170.97 NGN
170.97 NGN
Low
155.51 NGN
155.51 NGN
152.12 NGN
112.68 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-4.51%
+2.46%
+0.98%
+22.51%

STPAY information

STP to NGN market statistics

STP/NGN:
₦158.41
STP 24h volume:
--
STP market cap:
--
STP circulating supply:
0 STP

Current STP to NGN exchange rate

STPAY to Nigerian Naira is rising this week.
STPAY's current market price is ₦158.41 per STP, with a total market cap of ₦0 NGN based on a circulating supply of -- STP. The trading volume of STPAY has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, STP's trading volume was ₦0.

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

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How to convert STP to NGN

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STP to NGN Conversion tables

The exchange rate of STPAY is increasing.
The exchange rate of 1 STP to Nigerian Naira has changed by +2.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.51%, reaching a high of 165.73 NGN and a low of 155.51 NGN . One month ago, the value of 1 STP was ₦156.87 NGN , which represents a +0.98% change from its current value. Over the last year, STPAY has changed by
+
55.85NGN
, resulting in a change of +54.54% in its value.
24 hours ago1 month ago1 year ago
Amount 03:16 am today 24 hours ago 24h change
0.5 STP
₦79.2₦82.94
-4.51%
1 STP
₦158.41₦165.88
-4.51%
5 STP
₦792.03₦829.38
-4.51%
10 STP
₦1,584.06₦1,658.76
-4.51%
50 STP
₦7,920.3₦8,293.82
-4.51%
100 STP
₦15,840.61₦16,587.64
-4.51%
500 STP
₦79,203.04₦82,938.22
-4.51%
1000 STP
₦158,406.08₦165,876.43
-4.51%

STP to NGN FAQ

How much is 1 STPAY in NGN?
Right now, the price of 1 STPAY (STP) in Nigerian Naira (NGN) is ₦158.41.
How much STP can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.006313 STP for 1 NGN.
How do I calculate or convert STP to NGN?
You can use our STP to NGN calculator at the top of this page to convert any amount of STP to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.03156 STP, while 5 STP will cost around 792.03NGN.
What is the highest price of STP/NGN in history?
The all-time high price of 1 STP in NGN is ₦100,767.32. It remains to be seen if the value of 1 STP/NGN will exceed the current all-time high.
What is the price trend of STPAY in NGN?
Over the past 7 days, the exchange rate of STPAY (STP) has gone up by 2.46%.   Over the last month, the exchange rate of STPAY (STP) has gone up by 0.98% against Nigerian Naira (NGN).

What factors influence the conversion rate of STP to NGN?

There are many factors that affect the relationship between STPAY 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 STP/NGN. When there is positive news in the market about the widespread adoption of STP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of STP/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in STP/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 STP/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 STPAY 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 STPAY currency pairs: STP to US Dollar (USD), STP to Euro (EUR), STP to Pound Sterling (GBP), STP to Canadian Dollar (CAD), STP to Indian Rupee (INR), STP to Pakistani Rupee (PKR), STP to Brazilian Real (BRL), STP to…
The price of STPAY in the US is $0.1027 USD. Additionally, STPAY’s price is €0.08892 EUR in the eurozone, £0.07573 GBP in the UK, C$0.1399 CAD in Canada, ₹8.85 INR in India, ₨29.03 PKR in Pakistan, R$0.5686 BRL in Brazil, and more.
The most popular STPAY currency pair is the STP to Nigerian Naira(NGN). The price of 1 STPAY (STP) in Nigerian Naira (NGN) is ₦158.41.

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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.