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MDI to NGN Converter and calculator

MDI/NGN: 1 MDI = 0.01159 NGN. The price of converting 1 Medicle (MDI) to Nigerian Naira (NGN) is 0.01159 NGN today.
MDI
MDI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MDI to NGN real-time exchange rates, making it easy to convert Medicle (MDI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MDI is currently valued at 0.01159 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MDI is currently valued at 0.01159 NGN, which means buying 5 MDI would cost 0.05796 NGN. Similarly, ₦1 NGN can be converted to 86.27 MDI, and ₦50 NGN can be converted to 431.36 MDI, excluding any platform or gas fees.

Convert MDI to NGN

Convert NGN to MDI

Medicle
Nigerian Naira
1 MDI
0.01159  NGN
Exchange 1 MDI for 0.01159 NGN
2 MDI
0.02318  NGN
Exchange 2 MDI for 0.02318 NGN
5 MDI
0.05796  NGN
Exchange 5 MDI for 0.05796 NGN
10 MDI
0.1159  NGN
Exchange 10 MDI for 0.1159 NGN
20 MDI
0.2318  NGN
Exchange 20 MDI for 0.2318 NGN
50 MDI
0.5796  NGN
Exchange 50 MDI for 0.5796 NGN
100 MDI
1.16  NGN
Exchange 100 MDI for 1.16 NGN
200 MDI
2.32  NGN
Exchange 200 MDI for 2.32 NGN
500 MDI
5.8  NGN
Exchange 500 MDI for 5.8 NGN
1000 MDI
11.59  NGN
Exchange 1000 MDI for 11.59 NGN
5000 MDI
57.96  NGN
Exchange 5000 MDI for 57.96 NGN
10000 MDI
115.91  NGN
Exchange 10000 MDI for 115.91 NGN
In the table above, you'll find a comprehensive MDI to NGN converter that shows the value of Medicle in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MDI to NGN, all the way up to 10000 MDI, providing a clear view of their respective values.
Nigerian Naira
Medicle
1 NGN
86.27 MDI
Exchange 1 NGN for 86.27 MDI
10 NGN
862.72 MDI
Exchange 10 NGN for 862.72 MDI
50 NGN
4,313.58 MDI
Exchange 50 NGN for 4,313.58 MDI
100 NGN
8,627.17 MDI
Exchange 100 NGN for 8,627.17 MDI
200 NGN
17,254.33 MDI
Exchange 200 NGN for 17,254.33 MDI
500 NGN
43,135.83 MDI
Exchange 500 NGN for 43,135.83 MDI
1000 NGN
86,271.65 MDI
Exchange 1000 NGN for 86,271.65 MDI
2000 NGN
172,543.31 MDI
Exchange 2000 NGN for 172,543.31 MDI
5000 NGN
431,358.27 MDI
Exchange 5000 NGN for 431,358.27 MDI
10000 NGN
862,716.54 MDI
Exchange 10000 NGN for 862,716.54 MDI
50000 NGN
4,313,582.68 MDI
Exchange 50000 NGN for 4,313,582.68 MDI
100000 NGN
8,627,165.37 MDI
Exchange 100000 NGN for 8,627,165.37 MDI
In the table above, you'll find a comprehensive NGN to MDI converter that shows the value of Nigerian Naira in Medicle across commonly used conversion amounts. The list covers conversions from 1 NGN to MDI, all the way up to 100000 NGN, providing a clear view of their respective values.

MDI to NGN chart

MDI/NGN: 1 MDI = 0.01159 NGN; 2025/11/22 16:54:25
In the past 1D, Medicle has changed -0.06% to NGN. Based on the trend and price charts, Medicle(MDI) has changed -0.06% to NGN while Nigerian Naira(NGN) has changed % to MDI in the last 24 hours.
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MDI to NGN conversion data: Volatility and price changes of Medicle in NGN

The highest Medicle price in NGN over the past 7 days was 0.01304 NGN while the lowest Medicle price in NGN over the past 7 days was 0.009582 NGN. The relative change between the highs and lows in Medicle price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MDI 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
0.01212 NGN
0.01304 NGN
0.01599 NGN
0.04329 NGN
Low
0.01101 NGN
0.009582 NGN
0.007799 NGN
0.007799 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.06%
+20.76%
+15.57%
-69.47%

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Bitget P2P trading does not currently support direct buying of MDI with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy MDI with USDT via Bitget spot market.
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Medicle information

MDI to NGN market statistics

MDI/NGN:
₦0.01159
MDI 24h volume:
₦7.97
MDI market cap:
--
MDI circulating supply:
0 MDI

Current MDI to NGN exchange rate

Medicle to Nigerian Naira is rising this week.
Medicle's current market price is ₦0.01159 per MDI, with a total market cap of ₦0 NGN based on a circulating supply of -- MDI. The trading volume of Medicle has changed by -99.94% (₦-12,849.25 NGN) in the last 24 hours. Last trading day, MDI's trading volume was ₦12,857.22.

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

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How to convert MDI to NGN

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MDI to NGN Conversion tables

The exchange rate of Medicle is increasing.
The exchange rate of 1 MDI to Nigerian Naira has changed by +20.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.06%, reaching a high of 0.01212 NGN and a low of 0.01101 NGN . One month ago, the value of 1 MDI was ₦0.01003 NGN , which represents a +15.57% change from its current value. Over the last year, Medicle has changed by
-
14.61NGN
, resulting in a change of -99.92% in its value.
24 hours ago1 month ago1 year ago
Amount 16:54 today 24 hours ago 24h change
0.5 MDI
₦0.005796₦0.005799
-0.06%
1 MDI
₦0.01159₦0.01160
-0.06%
5 MDI
₦0.05796₦0.05799
-0.06%
10 MDI
₦0.1159₦0.1160
-0.06%
50 MDI
₦0.5796₦0.5799
-0.06%
100 MDI
₦1.16₦1.16
-0.06%
500 MDI
₦5.8₦5.8
-0.06%
1000 MDI
₦11.59₦11.6
-0.06%

MDI to NGN FAQ

How much is 1 Medicle in NGN?
Right now, the price of 1 Medicle (MDI) in Nigerian Naira (NGN) is ₦0.01159.
How much MDI can I buy for 1 NGN?
Based on the current exchange rate, you can get 86.27 MDI for 1 NGN.
How do I calculate or convert MDI to NGN?
You can use our MDI to NGN calculator at the top of this page to convert any amount of MDI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 431.36 MDI, while 5 MDI will cost around 0.05796NGN.
What is the highest price of MDI/NGN in history?
The all-time high price of 1 MDI in NGN is ₦1,063.37. It remains to be seen if the value of 1 MDI/NGN will exceed the current all-time high.
What is the price trend of Medicle in NGN?
Over the past 7 days, the exchange rate of Medicle (MDI) has gone up by 20.76%.   Over the last month, the exchange rate of Medicle (MDI) has gone up by 15.57% against Nigerian Naira (NGN).

What factors influence the conversion rate of MDI to NGN?

There are many factors that affect the relationship between Medicle 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 MDI/NGN. When there is positive news in the market about the widespread adoption of MDI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MDI/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MDI/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 MDI/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 Medicle 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 Medicle currency pairs: MDI to US Dollar (USD), MDI to Euro (EUR), MDI to Pound Sterling (GBP), MDI to Canadian Dollar (CAD), MDI to Indian Rupee (INR), MDI to Pakistani Rupee (PKR), MDI to Brazilian Real (BRL), MDI to…
The price of Medicle in the US is $0.{5}7975 USD. Additionally, Medicle’s price is €0.{5}6922 EUR in the eurozone, £0.{5}6087 GBP in the UK, C$0.{4}1125 CAD in Canada, ₹0.0007149 INR in India, ₨0.002251 PKR in Pakistan, R$0.{4}4310 BRL in Brazil, and more.
The most popular Medicle currency pair is the MDI to Nigerian Naira(NGN). The price of 1 Medicle (MDI) in Nigerian Naira (NGN) is ₦0.01159.

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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.