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LUNC to NGN Converter and calculator

LUNC/NGN: 1 LUNC = 0.1012 NGN. The price of converting 1 Terra Classic (LUNC) to Nigerian Naira (NGN) is 0.1012 NGN today.
LUNC
LUNC
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LUNC to NGN real-time exchange rates, making it easy to convert Terra Classic (LUNC) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 LUNC is currently valued at 0.10 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LUNC is currently valued at 0.10 NGN, which means buying 5 LUNC would cost 0.51 NGN. Similarly, ₦1 NGN can be converted to 9.88 LUNC, and ₦50 NGN can be converted to 49.39 LUNC, excluding any platform or gas fees.

Convert LUNC to NGN

Convert NGN to LUNC

Terra Classic
Nigerian Naira
1000 LUNC
101.24  NGN
10000 LUNC
1,012.41  NGN
In the table above, you'll find a comprehensive LUNC to NGN converter that shows the value of Terra Classic in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 LUNC to NGN, all the way up to 10000 LUNC, providing a clear view of their respective values.
Nigerian Naira
Terra Classic
5000 NGN
49,387.26 LUNC
10000 NGN
98,774.52 LUNC
50000 NGN
493,872.58 LUNC
100000 NGN
987,745.17 LUNC
In the table above, you'll find a comprehensive NGN to LUNC converter that shows the value of Nigerian Naira in Terra Classic across commonly used conversion amounts. The list covers conversions from 1 NGN to LUNC, all the way up to 100000 NGN, providing a clear view of their respective values.

LUNC to NGN chart

LUNC/NGN: 1 LUNC = 0.1012 NGN; 2025/04/27 21:05:41
In the past 1D, Terra Classic has changed -3.49% to NGN. Based on the trend and price charts, Terra Classic(LUNC) has changed -3.49% to NGN while Nigerian Naira(NGN) has changed % to LUNC in the last 24 hours.
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LUNC to NGN conversion data: Volatility and price changes of Terra Classic in NGN

The highest Terra Classic price in NGN over the past 7 days was 0.1061 NGN while the lowest Terra Classic price in NGN over the past 7 days was 0.09636 NGN. The relative change between the highs and lows in Terra Classic price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and LUNC 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
0.1056 NGN
0.1061 NGN
0.1061 NGN
0.1337 NGN
Low
0.1007 NGN
0.09636 NGN
0.08246 NGN
0.07923 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-3.49%
+2.64%
+1.78%
-17.91%

Terra Classic information

LUNC to NGN market statistics

LUNC/NGN:
₦0.1012
LUNC 24h volume:
₦16,930,305,872.99
LUNC market cap:
₦550,207,197,704.5
LUNC circulating supply:
5.43T LUNC

Current LUNC to NGN exchange rate

Terra Classic to Nigerian Naira is rising this week.
Terra Classic's current market price is ₦0.1012 per LUNC, with a total market cap of ₦550,207,197,704.5 NGN based on a circulating supply of 5,434,645,000,000 LUNC. The trading volume of Terra Classic has changed by -12.34% (₦-2,384,158,120.95 NGN) in the last 24 hours. Last trading day, LUNC's trading volume was ₦19,314,463,993.93.

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

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How to convert LUNC to NGN

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Buy LUNC (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of LUNC with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy LUNC with USDT via Bitget spot market.
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LUNC to NGN Conversion tables

The exchange rate of Terra Classic is increasing.
The exchange rate of 1 LUNC to Nigerian Naira has changed by +2.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.49%, reaching a high of 0.1056 NGN and a low of 0.1007 NGN . One month ago, the value of 1 LUNC was ₦0.09947 NGN , which represents a +1.78% change from its current value. Over the last year, Terra Classic has changed by
-
0.06959NGN
, resulting in a change of -40.74% in its value.
24 hours ago1 month ago1 year ago
Amount21:05 today24 hours ago24h change
0.5 LUNC₦0.05062₦0.05245
-3.49%
1 LUNC₦0.1012₦0.1049
-3.49%
5 LUNC₦0.5062₦0.5245
-3.49%
10 LUNC₦1.01₦1.05
-3.49%
50 LUNC₦5.06₦5.25
-3.49%
100 LUNC₦10.12₦10.49
-3.49%
500 LUNC₦50.62₦52.45
-3.49%
1000 LUNC₦101.24₦104.9
-3.49%

LUNC to NGN FAQ

How much is 1 Terra Classic in NGN?
Right now, the price of 1 Terra Classic (LUNC) in Nigerian Naira (NGN) is ₦0.1012.
How much LUNC can I buy for 1 NGN?
Based on the current exchange rate, you can get 9.88 LUNC for 1 NGN.
How do I calculate or convert LUNC to NGN?
You can use our LUNC to NGN calculator at the top of this page to convert any amount of LUNC to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 49.39 LUNC, while 5 LUNC will cost around 0.5062NGN.
What is the highest price of LUNC/NGN in history?
The all-time high price of 1 LUNC in NGN is ₦191,521.34. It remains to be seen if the value of 1 LUNC/NGN will exceed the current all-time high.
What is the price trend of Terra Classic in NGN?
Over the past 7 days, the exchange rate of Terra Classic (LUNC) has gone up by 2.64%.   Over the last month, the exchange rate of Terra Classic (LUNC) has gone up by 1.78% against Nigerian Naira (NGN).

What factors influence the conversion rate of LUNC to NGN?

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

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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.