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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.72%
New listings on Bitget: Pi Network
BTC/USDT$84288.00 (-1.60%)Fear and Greed Index31(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$1M (1D); -$872.6M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.72%
New listings on Bitget: Pi Network
BTC/USDT$84288.00 (-1.60%)Fear and Greed Index31(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$1M (1D); -$872.6M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
NXD
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Nexus Dubai(NXD) to Algerian Dinar(NGN). This is the real-time data. The current conversion shows 1 NXD at a value of 1 NXD for 0.02 NGN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
NGN information
About Algerian Dinar (DZD)
The Algerian Dinar (DZD), the official currency of Algeria, embodies the country's rich history, cultural heritage, and economic aspirations. It is commonly abbreviated as DZD and represented by the symbol د.ج. Introduced in 1964, two years after Algeria's independence from France, the Dinar is more than just a medium of exchange. It represents Algeria’s journey through post-colonial recovery, socialist policies, and gradual economic liberalization.
Historical Background
The transition to the Algerian Dinar from the Algerian Franc symbolized a significant break from the colonial past and a step towards economic sovereignty. This change was part of a broader movement to assert national identity and foster economic independence in the newly liberated nation.
Design and Symbolism
The design of the Algerian Dinar reflects the country’s historical and cultural legacy. Banknotes and coins feature prominent figures from Algeria’s past, including ancient heroes and modern leaders. They also showcase landmarks, like the Maqam Echahid monument, and natural wonders, symbolizing Algeria's diverse landscapes from the Mediterranean coast to the Sahara desert. These elements are not just decorative; they are powerful symbols of Algeria’s identity and pride.
Economic Role
The Dinar is central to Algeria’s economy, characterized by its significant oil and gas reserves. The currency facilitates trade in these key sectors, as well as in agriculture, manufacturing, and services. The value and stability of the Dinar are crucial for economic growth, affecting everything from government revenue to the cost of imports.
Monetary Policy and Inflation
Managed by the Bank of Algeria, the country’s central bank, the Dinar’s value is influenced by monetary policies, global oil prices, and foreign exchange reserves. The bank faces the challenge of controlling inflation while maintaining sufficient foreign exchange reserves, critical in an economy heavily reliant on hydrocarbon exports.
Bitget crypto-to-fiat exchange data shows that the most popular Nexus Dubai currency pair is the NXD to NGN, with for Nexus Dubai's currency code being NXD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.
NXD to NGN conversion rate trend
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In the past 1D, Nexus Dubai has changed -1.53% to NGN. Based on the trend and price charts, Nexus Dubai(NXD) has changed -1.53% to NGN while Algerian Dinar(NGN) has changed % to NXD in the last 24 hours.
NXD to NGN market statistics
NXD/NGN:
₦ 0.02268
NXD 24h volume:
₦ 90,327,382.38
NXD market cap:
--
NXD circulating supply:
0 NXD
More info about Nexus Dubai on Bitget
Current NXD to NGN exchange rate
Nexus Dubai to Algerian Dinar is falling this week.Nexus Dubai's current market price is ₦ 0.02268 per NXD, with a total market cap of ₦ 0 NGN based on a circulating supply of -- NXD. The trading volume of Nexus Dubai has changed by +0.03% (₦ 23,930.41 NGN) in the last 24 hours. Last trading day, NXD's trading volume was ₦ 90,303,451.96.
NXD to NGN Conversion tables
The exchange rate of Nexus Dubai is decreasing.1 NXD is currently valued at ₦ 0.02268 NGN , which means buying 5 NXD will cost ₦ 0.1134 NGN . Similarly, ₦1 NGN can be traded for 44.09 NXD, and ₦50 NGN can be converted to 2,204.46 NXD, excluding any platform or gas fees.
The exchange rate of 1 NXD to Algerian Dinar has changed by -12.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.53%, reaching a high of 0.02860 NGN and a low of 0.02155 NGN . One month ago, the value of 1 NXD was ₦ 0.02909 NGN , which represents a -22.03% change from its current value. Over the last year, Nexus Dubai has changed by , resulting in a change of -76.15% in its value.
-₦
0.07244NGNNXD to NGN
Amount
01:18 am today
0.5 NXD
₦0.01134
1 NXD
₦0.02268
5 NXD
₦0.1134
10 NXD
₦0.2268
50 NXD
₦1.13
100 NXD
₦2.27
500 NXD
₦11.34
1000 NXD
₦22.68
NGN to NXD
Amount01:18 am today
0.5NGN22.04 NXD
1NGN44.09 NXD
5NGN220.45 NXD
10NGN440.89 NXD
50NGN2,204.46 NXD
100NGN4,408.92 NXD
500NGN22,044.61 NXD
1000NGN44,089.23 NXD
NXD to NGN Today vs. 24 hours ago
| Amount | 01:18 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NXD | ₦0.01134 | ₦0.01152 | -1.53% |
| 1 NXD | ₦0.02268 | ₦0.02303 | -1.53% |
| 5 NXD | ₦0.1134 | ₦0.1152 | -1.53% |
| 10 NXD | ₦0.2268 | ₦0.2303 | -1.53% |
| 50 NXD | ₦1.13 | ₦1.15 | -1.53% |
| 100 NXD | ₦2.27 | ₦2.3 | -1.53% |
| 500 NXD | ₦11.34 | ₦11.52 | -1.53% |
| 1000 NXD | ₦22.68 | ₦23.03 | -1.53% |
NXD to NGN Today vs. 1 month ago
| Amount | 01:18 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NXD | ₦0.01134 | ₦0.01455 | -22.03% |
| 1 NXD | ₦0.02268 | ₦0.02909 | -22.03% |
| 5 NXD | ₦0.1134 | ₦0.1455 | -22.03% |
| 10 NXD | ₦0.2268 | ₦0.2909 | -22.03% |
| 50 NXD | ₦1.13 | ₦1.45 | -22.03% |
| 100 NXD | ₦2.27 | ₦2.91 | -22.03% |
| 500 NXD | ₦11.34 | ₦14.55 | -22.03% |
| 1000 NXD | ₦22.68 | ₦29.09 | -22.03% |
NXD to NGN Today vs. 1 year ago
| Amount | 01:18 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NXD | ₦0.01134 | ₦0.04756 | -76.15% |
| 1 NXD | ₦0.02268 | ₦0.09513 | -76.15% |
| 5 NXD | ₦0.1134 | ₦0.4756 | -76.15% |
| 10 NXD | ₦0.2268 | ₦0.9513 | -76.15% |
| 50 NXD | ₦1.13 | ₦4.76 | -76.15% |
| 100 NXD | ₦2.27 | ₦9.51 | -76.15% |
| 500 NXD | ₦11.34 | ₦47.56 | -76.15% |
| 1000 NXD | ₦22.68 | ₦95.13 | -76.15% |
How to convert NXD to NGN
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Convert NXD to NGN
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Learn moreBuy NXD (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of NXD with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy NXD with USDT via Bitget spot market.
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Sell NXD (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading currently does not support direct selling of NXD to NGN. However, you can first exchange NXD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of NXD to NGN?
There are many factors that affect the relationship between Nexus Dubai 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 NXD/NGN. When there is positive news in the market about the widespread adoption of NXD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NXD/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NXD/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.
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 NXD/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 Nexus Dubai and adjust their investment strategies accordingly in the evolving market.
Nexus Dubai price prediction
What will the price of NXD be in 2026?
Based on NXD's historical price performance prediction model, the price of NXD is projected to reach $0.{4}1708 in 2026.
What will the price of NXD be in 2031?
In 2031, the NXD price is expected to change by +18.00%. By the end of 2031, the NXD price is projected to reach $0.{4}3572, with a cumulative ROI of +120.11%.
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Popular Nexus Dubai Converter
Check out these popular currency conversions of Nexus Dubai to several fiat currencies.
NXD to TWD
1 NXD to NT$ 0.0004617 TWD
NXD to CNY
1 NXD to ¥ 0.0001039 CNY
NXD to USD
1 NXD to $ 0.{4}1426 USD
NXD to DZD
1 NXD to د.ج 0.001878 DZD
NXD to EUR
1 NXD to € 0.{4}1258 EUR
NXD to CAD
1 NXD to $ 0.{4}1979 CAD
NXD to KRW
1 NXD to ₩ 0.02027 KRW
NXD to JPY
1 NXD to ¥ 0.002048 JPY
NXD to GBP
1 NXD to £ 0.{4}1090 GBP
NXD to BRL
1 NXD to R$ 0.{4}8368 BRL
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1 BTC to ₦ 134,293,670.71 NGN
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1 XRP to ₦ 3,403.58 NGN
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1 AERGO to ₦ 489.55 NGN
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1 FET to ₦ 806.01 NGN
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1 COW to ₦ 482.31 NGN
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1 TRUMP to ₦ 13,161.35 NGN
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1 LINK to ₦ 20,336.72 NGN
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1 LISTA to ₦ 262.49 NGN
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1 TRX to ₦ 405.74 NGN
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1 LAYER to ₦ 3,084.97 NGN
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Nexus Dubai and NGN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Nexus Dubai and NGN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Nexus Dubai in NGN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
