Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

THL to NGN Converter and calculator

THL/NGN: 1 THL = 235.44 NGN. The price of converting 1 Thala (THL) to Nigerian Naira (NGN) is 235.44 NGN today.
THL
THL
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides THL to NGN real-time exchange rates, making it easy to convert Thala (THL) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 THL is currently valued at 235.44 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 THL is currently valued at 235.44 NGN, which means buying 5 THL would cost 1177.18 NGN. Similarly, ₦1 NGN can be converted to 0.004247 THL, and ₦50 NGN can be converted to 0.02124 THL, excluding any platform or gas fees.

Convert THL to NGN

Convert NGN to THL

Thala
Nigerian Naira
50 THL
11,771.78  NGN
100 THL
23,543.56  NGN
200 THL
47,087.12  NGN
500 THL
117,717.79  NGN
1000 THL
235,435.59  NGN
5000 THL
1,177,177.94  NGN
10000 THL
2,354,355.87  NGN
In the table above, you'll find a comprehensive THL to NGN converter that shows the value of Thala in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 THL to NGN, all the way up to 10000 THL, providing a clear view of their respective values.
In the table above, you'll find a comprehensive NGN to THL converter that shows the value of Nigerian Naira in Thala across commonly used conversion amounts. The list covers conversions from 1 NGN to THL, all the way up to 100000 NGN, providing a clear view of their respective values.

THL to NGN chart

THL/NGN: 1 THL = 235.44 NGN; 2025/05/02 00:24:41
In the past 1D, Thala has changed -2.54% to NGN. Based on the trend and price charts, Thala(THL) has changed -2.54% to NGN while Nigerian Naira(NGN) has changed % to THL in the last 24 hours.
1D7D1M3M1YAll

THL to NGN conversion data: Volatility and price changes of Thala in NGN

The highest Thala price in NGN over the past 7 days was 252.16 NGN while the lowest Thala price in NGN over the past 7 days was 203.32 NGN. The relative change between the highs and lows in Thala price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and THL 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
253.19 NGN
252.16 NGN
253.19 NGN
387.55 NGN
Low
234.23 NGN
203.32 NGN
150.57 NGN
150.57 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-2.54%
+21.98%
+24.13%
-35.03%

Thala information

THL to NGN market statistics

THL/NGN:
₦235.44
THL 24h volume:
₦156,003,314.82
THL market cap:
₦11,539,964,015.14
THL circulating supply:
49.02M THL

Current THL to NGN exchange rate

Thala to Nigerian Naira is rising this week.
Thala's current market price is ₦235.44 per THL, with a total market cap of ₦11,539,964,015.14 NGN based on a circulating supply of 49,015,380 THL. The trading volume of Thala has changed by +32.18% (₦37,981,355.02 NGN) in the last 24 hours. Last trading day, THL's trading volume was ₦118,021,959.8.

More info about Thala 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 Thala currency pair is the THL to NGN, with for Thala's currency code being THL. 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 96858.31 USD
popular info ethereum
ETH to USD
1 ETH to 1853.22 USD
popular info ripple
XRP to USD
1 XRP to 2.23 USD
popular info solana
SOL to USD
1 SOL to 150.41 USD
popular info bitcoin
BTC to EUR
1 BTC to 85738.98 EUR
popular info bitcoin
BTC to GBP
1 BTC to 72914.94 GBP
popular info bitcoin
BTC to CAD
1 BTC to 134139.07 CAD
popular info bitcoin
BTC to BRL
1 BTC to 549942.11 BRL
popular info bitcoin
BTC to INR
1 BTC to 8203588.91 INR
popular info pi-network
PI to INR
1 PI to 51.30 INR

Hot promotions

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

Buy

Sell

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

popular info New Taiwan dollar
THL to TWD
1 THL to NT$4.71 TWD
popular info Chinese Yuan
THL to CNY
1 THL to ¥1.07 CNY
popular info United States Dollar
THL to USD
1 THL to $0.1466 USD
popular info Euro
THL to EUR
1 THL to €0.1297 EUR
popular info Canadian Dollar
THL to CAD
1 THL to C$0.2030 CAD
popular info Nigerian Naira
THL to NGN
1 THL to ₦235.44 NGN
popular info South Korean Won
THL to KRW
1 THL to ₩210.48 KRW
popular info Japanese Yen
THL to JPY
1 THL to ¥21.33 JPY
popular info Pound Sterling
THL to GBP
1 THL to £0.1103 GBP
popular info Brazilian Real
THL to BRL
1 THL to R$0.8322 BRL

Popular cryptocurrencies to NGN

other assets Bitcoin
BTC to NGN
1 BTC to ₦155,194,645.95 NGN
other assets Ethereum
ETH to NGN
1 ETH to ₦2,949,790.62 NGN
other assets CreatorBid
BID to NGN
1 BID to ₦94.73 NGN
other assets Solana
SOL to NGN
1 SOL to ₦242,377.65 NGN
other assets Sui
SUI to NGN
1 SUI to ₦5,697.73 NGN
other assets Virtuals Protocol
VIRTUAL to NGN
1 VIRTUAL to ₦2,595.56 NGN
other assets Movement
MOVE to NGN
1 MOVE to ₦330.39 NGN
other assets Sonic (prev. FTM)
S to NGN
1 S to ₦912.87 NGN
other assets Chainlink
LINK to NGN
1 LINK to ₦23,659.92 NGN
other assets Dogecoin
DOGE to NGN
1 DOGE to ₦289.63 NGN

THL to NGN Conversion tables

The exchange rate of Thala is increasing.
The exchange rate of 1 THL to Nigerian Naira has changed by +21.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.54%, reaching a high of 253.19 NGN and a low of 234.23 NGN . One month ago, the value of 1 THL was ₦189.09 NGN , which represents a +24.13% change from its current value. Over the last year, Thala has changed by
-
1,483.36NGN
, resulting in a change of -86.15% in its value.
24 hours ago1 month ago1 year ago
Amount00:24 am today24 hours ago24h change
0.5 THL₦117.72₦120.82
-2.54%
1 THL₦235.44₦241.64
-2.54%
5 THL₦1,177.18₦1,208.22
-2.54%
10 THL₦2,354.36₦2,416.43
-2.54%
50 THL₦11,771.78₦12,082.17
-2.54%
100 THL₦23,543.56₦24,164.35
-2.54%
500 THL₦117,717.79₦120,821.74
-2.54%
1000 THL₦235,435.59₦241,643.49
-2.54%

THL to NGN FAQ

How much is 1 Thala in NGN?
Right now, the price of 1 Thala (THL) in Nigerian Naira (NGN) is ₦235.44.
How much THL can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.004247 THL for 1 NGN.
How do I calculate or convert THL to NGN?
You can use our THL to NGN calculator at the top of this page to convert any amount of THL to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.02124 THL, while 5 THL will cost around 1,177.18NGN.
What is the highest price of THL/NGN in history?
The all-time high price of 1 THL in NGN is ₦5,084.75. It remains to be seen if the value of 1 THL/NGN will exceed the current all-time high.
What is the price trend of Thala in NGN?
Over the past 7 days, the exchange rate of Thala (THL) has gone up by 21.98%.   Over the last month, the exchange rate of Thala (THL) has gone up by 24.13% against Nigerian Naira (NGN).

What factors influence the conversion rate of THL to NGN?

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