SHIB/NGN: Convert SHIBA INU (SHIB) to Nigerian Naira (NGN)
1 SHIBA INU equals NGN 0.0282 Nigerian Naira
Last update: 4:13 AM, June 19, 2024
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Overview
About SHIBA INU (SHIB)
Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.
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How SHIBA INU (SHIB) and Nigerian Naira (NGN) differ
The SHIBA INU (SHIB) and Nigerian Naira (NGN) are two distinct forms of currency, each with its unique characteristics. SHIBA INU is a decentralized, community-driven cryptocurrency that operates on the Ethereum blockchain, aiming to function without central leadership. It was created under the pseudonym "Ryoshi" and has rapidly grown into a global phenomenon since its launch in 2020. SHIBA INU seeks to establish an entire ecosystem, with plans to develop an algorithmic stablecoin and its own decentralized exchange, ShibaSwap. On the other hand, the Nigerian Naira is a traditional fiat currency, regulated by the Central Bank of Nigeria. Unlike SHIB, the Naira is centralized and its value is determined by the country's economic conditions, government policies, and international exchange rates. While SHIBA INU is a digital asset that can be traded globally, the Nigerian Naira is a physical currency primarily used within Nigeria. These differences highlight the contrasting nature of cryptocurrencies and traditional fiat currencies, providing a diverse range of options for users worldwide.
SHIBA INU Markets
SHIBA INU is falling this week.
The current price of SHIBA INU is NGN 0.0282 per SHIB. With a circulating supply of 589,271,349,448,629.4 SHIB, it means that SHIBA INU has a total market cap of NGN 16,548,083,229,792.08. The amount of SHIBA INU traded has fallen by NGN 142,926,664,357.90 in the last 24 hours, which is a 20.19% decrease. Additionally, in the last day, NGN 707,817,052,357.51 worth of SHIB has been traded.
R$16.5T
R$707.8B
589.3T SHIB
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FAQ
How much is 1 SHIBA INU in NGN?
Right now, 1 SHIBA INU is worth about NGN 0.0282.
How much SHIB could I buy for 1 NGN?
Based on the current rate, you could get 35.48 SHIB for 1 NGN.
How much has the price of SHIBA INU changed?
SHIBA INU price has been on the rise. Since yesterday, the exchange rate of SHIBA INU has increased. Since last month, the exchange rate of SHIBA INU has decreased. Since this time last year, the price of SHIBA INU has increased.
How do I calculate or convert SHIB to NGN?
You can use our SHIB to NGN calculator at the top of this page to convert any amount of SHIB to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 177.42 SHIB. Inversely, 5 SHIB will cost about 0.14 NGN.
How can I buy 1 SHIBA INU on Coinbase?
SHIBA INU is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy SHIBA INU.
Conversion tables
The exchange rate of SHIBA INU is increasing.
The current value of 1 SHIB is NGN 0.03 NGN. In other words, to buy 5 SHIBA INU, it would cost you NGN 0.14 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 35.48 SHIB while NGN 50.00 NGN would convert to 1,774.18 SHIB, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 14.02%. Meanwhile, in the last 24 hours, the rate has changed by 4.48%, which means that the the highest exchange rate of 1 SHIB to Nigerian Naira was 0.00001892 NGN and the lowest 24 hour value was 1 SHIB for 0.0000173 NGN. This time last month, the value of 1 SHIB was NGN 0.04 NGN, which is a 24.05% increase from where it is now. Looking back a year, SHIBA INU has changed by -NGN 0.02 NGN.
SHIB to NGN
Amount | Today at 4:13 am |
---|---|
0.5 SHIB | NGN 0.0141 |
1 SHIB | NGN 0.0282 |
5 SHIB | NGN 0.1409 |
10 SHIB | NGN 0.2818 |
50 SHIB | NGN 1.4091 |
100 SHIB | NGN 2.8182 |
500 SHIB | NGN 14.0910 |
1,000 SHIB | NGN 28.1820 |
NGN to SHIB
Amount | Today at 4:13 am |
---|---|
0.5 NGN | 17.74 SHIB |
1 NGN | 35.48 SHIB |
5 NGN | 177.42 SHIB |
10 NGN | 354.84 SHIB |
50 NGN | 1,774.18 SHIB |
100 NGN | 3,548.36 SHIB |
500 NGN | 17,741.80 SHIB |
1,000 NGN | 35,483.60 SHIB |
Today vs. 24 hours ago
Amount | Today at 4:13 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 SHIB | NGN 0.0141 | NGN 0.0135 | +4.48% |
1 SHIB | NGN 0.0282 | NGN 0.0270 | +4.48% |
5 SHIB | NGN 0.14 | NGN 0.13 | +4.48% |
10 SHIB | NGN 0.28 | NGN 0.27 | +4.48% |
50 SHIB | NGN 1.41 | NGN 1.35 | +4.48% |
100 SHIB | NGN 2.82 | NGN 2.70 | +4.48% |
500 SHIB | NGN 14.09 | NGN 13.49 | +4.48% |
1,000 SHIB | NGN 28.18 | NGN 26.97 | +4.48% |
Today vs. 1 month ago
Amount | Today at 4:13 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 SHIB | NGN 0.0141 | NGN 0.0186 | -24.05% |
1 SHIB | NGN 0.0282 | NGN 0.0371 | -24.05% |
5 SHIB | NGN 0.14 | NGN 0.19 | -24.05% |
10 SHIB | NGN 0.28 | NGN 0.37 | -24.05% |
50 SHIB | NGN 1.41 | NGN 1.86 | -24.05% |
100 SHIB | NGN 2.82 | NGN 3.71 | -24.05% |
500 SHIB | NGN 14.09 | NGN 18.55 | -24.05% |
1,000 SHIB | NGN 28.18 | NGN 37.11 | -24.05% |
Today vs. 1 year ago
Amount | Today at 4:13 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 SHIB | NGN 0.0141 | NGN 0.0054 | +161.20% |
1 SHIB | NGN 0.0282 | NGN 0.0108 | +161.20% |
5 SHIB | NGN 0.14 | NGN 0.0539 | +161.20% |
10 SHIB | NGN 0.28 | NGN 0.11 | +161.20% |
50 SHIB | NGN 1.41 | NGN 0.54 | +161.20% |
100 SHIB | NGN 2.82 | NGN 1.08 | +161.20% |
500 SHIB | NGN 14.09 | NGN 5.39 | +161.20% |
1,000 SHIB | NGN 28.18 | NGN 10.79 | +161.20% |
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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 Coinbase 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 Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.