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Elsa to Nigerian Naira (ELSA to NGN)

ELSA to NGN Converter and calculator

ELSA/NGN: 1 ELSA = 93.65 NGN. The price of converting 1 Elsa (ELSA) to Nigerian Naira (NGN) is 93.65 NGN today.
ELSA
ELSA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELSA to NGN real-time exchange rates, making it easy to convert Elsa (ELSA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 ELSA is currently valued at 93.65 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELSA is currently valued at 93.65 NGN, which means buying 5 ELSA would cost 468.23 NGN. Similarly, ₦1 NGN can be converted to 0.01068 ELSA, and ₦50 NGN can be converted to 0.05339 ELSA, excluding any platform or gas fees.

Convert ELSA to NGN

Convert NGN to ELSA

Elsa
Nigerian Naira
1 ELSA
93.65  NGN
Exchange 1 ELSA for 93.65 NGN
2 ELSA
187.29  NGN
Exchange 2 ELSA for 187.29 NGN
5 ELSA
468.23  NGN
Exchange 5 ELSA for 468.23 NGN
10 ELSA
936.47  NGN
Exchange 10 ELSA for 936.47 NGN
20 ELSA
1,872.94  NGN
Exchange 20 ELSA for 1,872.94 NGN
50 ELSA
4,682.35  NGN
Exchange 50 ELSA for 4,682.35 NGN
100 ELSA
9,364.7  NGN
Exchange 100 ELSA for 9,364.7 NGN
200 ELSA
18,729.4  NGN
Exchange 200 ELSA for 18,729.4 NGN
500 ELSA
46,823.5  NGN
Exchange 500 ELSA for 46,823.5 NGN
1000 ELSA
93,647  NGN
Exchange 1000 ELSA for 93,647 NGN
5000 ELSA
468,234.99  NGN
Exchange 5000 ELSA for 468,234.99 NGN
10000 ELSA
936,469.99  NGN
Exchange 10000 ELSA for 936,469.99 NGN
In the table above, you'll find a comprehensive ELSA to NGN converter that shows the value of Elsa in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 ELSA to NGN, all the way up to 10000 ELSA, providing a clear view of their respective values.
Nigerian Naira
Elsa
1 NGN
0.01068 ELSA
Exchange 1 NGN for 0.01068 ELSA
10 NGN
0.1068 ELSA
Exchange 10 NGN for 0.1068 ELSA
50 NGN
0.5339 ELSA
Exchange 50 NGN for 0.5339 ELSA
100 NGN
1.07 ELSA
Exchange 100 NGN for 1.07 ELSA
200 NGN
2.14 ELSA
Exchange 200 NGN for 2.14 ELSA
500 NGN
5.34 ELSA
Exchange 500 NGN for 5.34 ELSA
1000 NGN
10.68 ELSA
Exchange 1000 NGN for 10.68 ELSA
2000 NGN
21.36 ELSA
Exchange 2000 NGN for 21.36 ELSA
5000 NGN
53.39 ELSA
Exchange 5000 NGN for 53.39 ELSA
10000 NGN
106.78 ELSA
Exchange 10000 NGN for 106.78 ELSA
50000 NGN
533.92 ELSA
Exchange 50000 NGN for 533.92 ELSA
100000 NGN
1,067.84 ELSA
Exchange 100000 NGN for 1,067.84 ELSA
In the table above, you'll find a comprehensive NGN to ELSA converter that shows the value of Nigerian Naira in Elsa across commonly used conversion amounts. The list covers conversions from 1 NGN to ELSA, all the way up to 100000 NGN, providing a clear view of their respective values.

ELSA to NGN chart

ELSA/NGN: 1 ELSA = 93.65 NGN; 2026/02/23 02:59:44
In the past 1D, Elsa has changed -0.07% to NGN. Based on the trend and price charts, Elsa(ELSA) has changed -0.07% to NGN while Nigerian Naira(NGN) has changed % to ELSA in the last 24 hours.
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ELSA to NGN conversion data: Volatility and price changes of Elsa in NGN

The highest Elsa price in NGN over the past 7 days was -- NGN while the lowest Elsa price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in Elsa price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ELSA 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
102.7 NGN
-- NGN
-- NGN
-- NGN
Low
91.45 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.07%
--
--
--

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Elsa information

ELSA to NGN market statistics

ELSA/NGN:
₦93.65
ELSA 24h volume:
₦1,094,077,430.07
ELSA market cap:
₦93,647,001,774.89
ELSA circulating supply:
1.00B ELSA

Current ELSA to NGN exchange rate

Elsa to Nigerian Naira is falling this week.
Elsa's current market price is ₦93.65 per ELSA, with a total market cap of ₦93,647,001,774.89 NGN based on a circulating supply of 1,000,000,000 ELSA. The trading volume of Elsa has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, ELSA's trading volume was ₦--.

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

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How to convert ELSA to NGN

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ELSA to NGN Conversion tables

The exchange rate of Elsa is decreasing.
The exchange rate of 1 ELSA to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.07%, reaching a high of 102.7 NGN and a low of 91.45 NGN . One month ago, the value of 1 ELSA was ₦-- NGN , which represents a --% change from its current value. Over the last year, Elsa has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 02:59 am today 24 hours ago 24h change
0.5 ELSA
₦46.82₦--
-0.07%
1 ELSA
₦93.65₦--
-0.07%
5 ELSA
₦468.23₦--
-0.07%
10 ELSA
₦936.47₦--
-0.07%
50 ELSA
₦4,682.35₦--
-0.07%
100 ELSA
₦9,364.7₦--
-0.07%
500 ELSA
₦46,823.5₦--
-0.07%
1000 ELSA
₦93,647₦--
-0.07%

ELSA to NGN FAQ

How much is 1 Elsa in NGN?
Right now, the price of 1 Elsa (ELSA) in Nigerian Naira (NGN) is ₦93.65.
How much ELSA can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.01068 ELSA for 1 NGN.
How do I calculate or convert ELSA to NGN?
You can use our ELSA to NGN calculator at the top of this page to convert any amount of ELSA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.05339 ELSA, while 5 ELSA will cost around 468.23NGN.
What is the highest price of ELSA/NGN in history?
The all-time high price of 1 ELSA in NGN is --. It remains to be seen if the value of 1 ELSA/NGN will exceed the current all-time high.
What is the price trend of Elsa in NGN?
Over the past 7 days, the exchange rate of Elsa (ELSA) has gone down by --.   Over the last month, the exchange rate of Elsa (ELSA) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of ELSA to NGN?

There are many factors that affect the relationship between Elsa 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 ELSA/NGN. When there is positive news in the market about the widespread adoption of ELSA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELSA/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELSA/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 ELSA/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 Elsa 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 Elsa currency pairs: ELSA to US Dollar (USD), ELSA to Euro (EUR), ELSA to Pound Sterling (GBP), ELSA to Canadian Dollar (CAD), ELSA to Indian Rupee (INR), ELSA to Pakistani Rupee (PKR), ELSA to Brazilian Real (BRL), ELSA to…
The price of Elsa in the US is $0.06992 USD. Additionally, Elsa’s price is €0.05911 EUR in the eurozone, £0.05170 GBP in the UK, C$0.09555 CAD in Canada, ₹6.35 INR in India, ₨19.44 PKR in Pakistan, R$0.3627 BRL in Brazil, and more.
The most popular Elsa currency pair is the ELSA to Nigerian Naira(NGN). The price of 1 Elsa (ELSA) in Nigerian Naira (NGN) is ₦93.65.

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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.
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