Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

FEI to NGN Converter and calculator

FEI/NGN: 1 FEI = 1,593.44 NGN. The price of converting 1 Fei USD (FEI) to Nigerian Naira (NGN) is 1,593.44 NGN today.
FEI
FEI
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides FEI to NGN real-time exchange rates, making it easy to convert Fei USD (FEI) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 FEI is currently valued at 1593.44 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FEI is currently valued at 1593.44 NGN, which means buying 5 FEI would cost 7967.21 NGN. Similarly, ₦1 NGN can be converted to 0.0006276 FEI, and ₦50 NGN can be converted to 0.003138 FEI, excluding any platform or gas fees.

Convert FEI to NGN

Convert NGN to FEI

Fei USD
Nigerian Naira
10 FEI
15,934.41  NGN
20 FEI
31,868.83  NGN
50 FEI
79,672.07  NGN
100 FEI
159,344.14  NGN
200 FEI
318,688.27  NGN
500 FEI
796,720.68  NGN
1000 FEI
1,593,441.36  NGN
5000 FEI
7,967,206.78  NGN
10000 FEI
15,934,413.57  NGN
In the table above, you'll find a comprehensive FEI to NGN converter that shows the value of Fei USD in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 FEI to NGN, all the way up to 10000 FEI, providing a clear view of their respective values.
Nigerian Naira
Fei USD
In the table above, you'll find a comprehensive NGN to FEI converter that shows the value of Nigerian Naira in Fei USD across commonly used conversion amounts. The list covers conversions from 1 NGN to FEI, all the way up to 100000 NGN, providing a clear view of their respective values.

FEI to NGN chart

FEI/NGN: 1 FEI = 1,593.44 NGN; 2025/04/29 11:19:35
In the past 1D, Fei USD has changed -0.19% to NGN. Based on the trend and price charts, Fei USD(FEI) has changed -0.19% to NGN while Nigerian Naira(NGN) has changed % to FEI in the last 24 hours.
1D7D1M3M1YAll

FEI to NGN conversion data: Volatility and price changes of Fei USD in NGN

The highest Fei USD price in NGN over the past 7 days was 1,598.8 NGN while the lowest Fei USD price in NGN over the past 7 days was 1,584.64 NGN. The relative change between the highs and lows in Fei USD price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and FEI 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
1,597.93 NGN
1,598.8 NGN
1,603.13 NGN
1,617.75 NGN
Low
1,588.24 NGN
1,584.64 NGN
1,518.07 NGN
1,518.07 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.19%
-0.15%
+3.55%
+2.25%

Fei USD information

FEI to NGN market statistics

FEI/NGN:
₦1,593.44
FEI 24h volume:
₦352,503,282.13
FEI market cap:
₦5,151,738,978.31
FEI circulating supply:
3.23M FEI

Current FEI to NGN exchange rate

Fei USD to Nigerian Naira is falling this week.
Fei USD's current market price is ₦1,593.44 per FEI, with a total market cap of ₦5,151,738,978.31 NGN based on a circulating supply of 3,233,089.8 FEI. The trading volume of Fei USD has changed by +2.38% (₦8,198,247.19 NGN) in the last 24 hours. Last trading day, FEI's trading volume was ₦344,305,034.94.

More info about Fei USD 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 Fei USD currency pair is the FEI to NGN, with for Fei USD's currency code being FEI. 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 94932.59 USD
popular info ethereum
ETH to USD
1 ETH to 1793.57 USD
popular info ripple
XRP to USD
1 XRP to 2.29 USD
popular info solana
SOL to USD
1 SOL to 147.34 USD
popular info bitcoin
BTC to EUR
1 BTC to 83303.34 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70715.28 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131253.79 CAD
popular info bitcoin
BTC to BRL
1 BTC to 538751.92 BRL
popular info bitcoin
BTC to INR
1 BTC to 8087648.76 INR
popular info pi-network
PI to INR
1 PI to 51.90 INR

Hot promotions

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

Buy

Sell

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

popular info New Taiwan dollar
FEI to TWD
1 FEI to NT$32.06 TWD
popular info Chinese Yuan
FEI to CNY
1 FEI to ¥7.24 CNY
popular info United States Dollar
FEI to USD
1 FEI to $0.9946 USD
popular info Euro
FEI to EUR
1 FEI to €0.8728 EUR
popular info Canadian Dollar
FEI to CAD
1 FEI to C$1.38 CAD
popular info Nigerian Naira
FEI to NGN
1 FEI to ₦1,593.44 NGN
popular info South Korean Won
FEI to KRW
1 FEI to ₩1,425.57 KRW
popular info Japanese Yen
FEI to JPY
1 FEI to ¥141.64 JPY
popular info Pound Sterling
FEI to GBP
1 FEI to £0.7409 GBP
popular info Brazilian Real
FEI to BRL
1 FEI to R$5.64 BRL

Popular cryptocurrencies to NGN

other assets Virtuals Protocol
VIRTUAL to NGN
1 VIRTUAL to ₦2,280.42 NGN
other assets Sign
SIGN to NGN
1 SIGN to ₦168.02 NGN
other assets TokenFi
TOKEN to NGN
1 TOKEN to ₦35.83 NGN
other assets Pi
PI to NGN
1 PI to ₦918.64 NGN
other assets Bitcoin
BTC to NGN
1 BTC to ₦151,980,500.92 NGN
other assets MilkyWay
MILK to NGN
1 MILK to ₦230.83 NGN
other assets FLOKI
FLOKI to NGN
1 FLOKI to ₦0.1334 NGN
other assets Cookie DAO
COOKIE to NGN
1 COOKIE to ₦254.65 NGN
other assets Ethereum
ETH to NGN
1 ETH to ₦2,927,116.75 NGN
other assets Solayer
LAYER to NGN
1 LAYER to ₦4,984.4 NGN

FEI to NGN Conversion tables

The exchange rate of Fei USD is increasing.
The exchange rate of 1 FEI to Nigerian Naira has changed by -0.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.19%, reaching a high of 1,597.93 NGN and a low of 1,588.24 NGN . One month ago, the value of 1 FEI was ₦1,538.91 NGN , which represents a +3.55% change from its current value. Over the last year, Fei USD has changed by
+
10.88NGN
, resulting in a change of +0.69% in its value.
24 hours ago1 month ago1 year ago
Amount11:19 am today24 hours ago24h change
0.5 FEI₦796.72₦798.22
-0.19%
1 FEI₦1,593.44₦1,596.44
-0.19%
5 FEI₦7,967.21₦7,982.21
-0.19%
10 FEI₦15,934.41₦15,964.43
-0.19%
50 FEI₦79,672.07₦79,822.15
-0.19%
100 FEI₦159,344.14₦159,644.29
-0.19%
500 FEI₦796,720.68₦798,221.46
-0.19%
1000 FEI₦1,593,441.36₦1,596,442.92
-0.19%

FEI to NGN FAQ

How much is 1 Fei USD in NGN?
Right now, the price of 1 Fei USD (FEI) in Nigerian Naira (NGN) is ₦1,593.44.
How much FEI can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.0006276 FEI for 1 NGN.
How do I calculate or convert FEI to NGN?
You can use our FEI to NGN calculator at the top of this page to convert any amount of FEI to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.003138 FEI, while 5 FEI will cost around 7,967.21NGN.
What is the highest price of FEI/NGN in history?
The all-time high price of 1 FEI in NGN is ₦3,947.8. It remains to be seen if the value of 1 FEI/NGN will exceed the current all-time high.
What is the price trend of Fei USD in NGN?
Over the past 7 days, the exchange rate of Fei USD (FEI) has gone down by 0.15%.   Over the last month, the exchange rate of Fei USD (FEI) has gone up by 3.55% against Nigerian Naira (NGN).

What factors influence the conversion rate of FEI to NGN?

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