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PENCIL to NGN Converter and calculator

PENCIL/NGN: 1 PENCIL = 0.005770 NGN. The price of converting 1 PokePencil (PENCIL) to Nigerian Naira (NGN) is 0.005770 NGN today.
PENCIL
PENCIL
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PENCIL to NGN real-time exchange rates, making it easy to convert PokePencil (PENCIL) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 PENCIL is currently valued at 0.005770 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PENCIL is currently valued at 0.005770 NGN, which means buying 5 PENCIL would cost 0.02885 NGN. Similarly, ₦1 NGN can be converted to 173.32 PENCIL, and ₦50 NGN can be converted to 866.58 PENCIL, excluding any platform or gas fees.

Convert PENCIL to NGN

Convert NGN to PENCIL

PokePencil
Nigerian Naira
1 PENCIL
0.005770  NGN
Exchange 1 PENCIL for 0.005770 NGN
2 PENCIL
0.01154  NGN
Exchange 2 PENCIL for 0.01154 NGN
5 PENCIL
0.02885  NGN
Exchange 5 PENCIL for 0.02885 NGN
10 PENCIL
0.05770  NGN
Exchange 10 PENCIL for 0.05770 NGN
20 PENCIL
0.1154  NGN
Exchange 20 PENCIL for 0.1154 NGN
50 PENCIL
0.2885  NGN
Exchange 50 PENCIL for 0.2885 NGN
100 PENCIL
0.5770  NGN
Exchange 100 PENCIL for 0.5770 NGN
200 PENCIL
1.15  NGN
Exchange 200 PENCIL for 1.15 NGN
500 PENCIL
2.88  NGN
Exchange 500 PENCIL for 2.88 NGN
1000 PENCIL
5.77  NGN
Exchange 1000 PENCIL for 5.77 NGN
5000 PENCIL
28.85  NGN
Exchange 5000 PENCIL for 28.85 NGN
10000 PENCIL
57.7  NGN
Exchange 10000 PENCIL for 57.7 NGN
In the table above, you'll find a comprehensive PENCIL to NGN converter that shows the value of PokePencil in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 PENCIL to NGN, all the way up to 10000 PENCIL, providing a clear view of their respective values.
Nigerian Naira
PokePencil
1 NGN
173.32 PENCIL
Exchange 1 NGN for 173.32 PENCIL
10 NGN
1,733.17 PENCIL
Exchange 10 NGN for 1,733.17 PENCIL
50 NGN
8,665.85 PENCIL
Exchange 50 NGN for 8,665.85 PENCIL
100 NGN
17,331.7 PENCIL
Exchange 100 NGN for 17,331.7 PENCIL
200 NGN
34,663.39 PENCIL
Exchange 200 NGN for 34,663.39 PENCIL
500 NGN
86,658.48 PENCIL
Exchange 500 NGN for 86,658.48 PENCIL
1000 NGN
173,316.97 PENCIL
Exchange 1000 NGN for 173,316.97 PENCIL
2000 NGN
346,633.93 PENCIL
Exchange 2000 NGN for 346,633.93 PENCIL
5000 NGN
866,584.83 PENCIL
Exchange 5000 NGN for 866,584.83 PENCIL
10000 NGN
1,733,169.65 PENCIL
Exchange 10000 NGN for 1,733,169.65 PENCIL
50000 NGN
8,665,848.25 PENCIL
Exchange 50000 NGN for 8,665,848.25 PENCIL
100000 NGN
17,331,696.51 PENCIL
Exchange 100000 NGN for 17,331,696.51 PENCIL
In the table above, you'll find a comprehensive NGN to PENCIL converter that shows the value of Nigerian Naira in PokePencil across commonly used conversion amounts. The list covers conversions from 1 NGN to PENCIL, all the way up to 100000 NGN, providing a clear view of their respective values.

PENCIL to NGN chart

PENCIL/NGN: 1 PENCIL = 0.005770 NGN; 2025/12/04 12:17:08
In the past 1D, PokePencil has changed -0.37% to NGN. Based on the trend and price charts, PokePencil(PENCIL) has changed -0.37% to NGN while Nigerian Naira(NGN) has changed % to PENCIL in the last 24 hours.
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PENCIL to NGN conversion data: Volatility and price changes of PokePencil in NGN

The highest PokePencil price in NGN over the past 7 days was -- NGN while the lowest PokePencil price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in PokePencil price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PENCIL 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
0.01417 NGN
-- NGN
-- NGN
-- NGN
Low
0.005641 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.37%
--
--
--

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Buy PENCIL (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of PENCIL with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy PENCIL with USDT via Bitget spot market.
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PokePencil information

PENCIL to NGN market statistics

PENCIL/NGN:
₦0.005770
PENCIL 24h volume:
₦5,379,795.99
PENCIL market cap:
₦5,768,751.55
PENCIL circulating supply:
999.82M PENCIL

Current PENCIL to NGN exchange rate

PokePencil to Nigerian Naira is falling this week.
PokePencil's current market price is ₦0.005770 per PENCIL, with a total market cap of ₦5,768,751.55 NGN based on a circulating supply of 999,822,500 PENCIL. The trading volume of PokePencil has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, PENCIL's trading volume was ₦--.

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

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PENCIL to NGN Conversion tables

The exchange rate of PokePencil is decreasing.
The exchange rate of 1 PENCIL to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.37%, reaching a high of 0.01417 NGN and a low of 0.005641 NGN . One month ago, the value of 1 PENCIL was ₦-- NGN , which represents a --% change from its current value. Over the last year, PokePencil has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 12:17 today 24 hours ago 24h change
0.5 PENCIL
₦0.002885₦--
-0.37%
1 PENCIL
₦0.005770₦--
-0.37%
5 PENCIL
₦0.02885₦--
-0.37%
10 PENCIL
₦0.05770₦--
-0.37%
50 PENCIL
₦0.2885₦--
-0.37%
100 PENCIL
₦0.5770₦--
-0.37%
500 PENCIL
₦2.88₦--
-0.37%
1000 PENCIL
₦5.77₦--
-0.37%

PENCIL to NGN FAQ

How much is 1 PokePencil in NGN?
Right now, the price of 1 PokePencil (PENCIL) in Nigerian Naira (NGN) is ₦0.005770.
How much PENCIL can I buy for 1 NGN?
Based on the current exchange rate, you can get 173.32 PENCIL for 1 NGN.
How do I calculate or convert PENCIL to NGN?
You can use our PENCIL to NGN calculator at the top of this page to convert any amount of PENCIL to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 866.58 PENCIL, while 5 PENCIL will cost around 0.02885NGN.
What is the highest price of PENCIL/NGN in history?
The all-time high price of 1 PENCIL in NGN is --. It remains to be seen if the value of 1 PENCIL/NGN will exceed the current all-time high.
What is the price trend of PokePencil in NGN?
Over the past 7 days, the exchange rate of PokePencil (PENCIL) has gone down by --.   Over the last month, the exchange rate of PokePencil (PENCIL) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of PENCIL to NGN?

There are many factors that affect the relationship between PokePencil 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 PENCIL/NGN. When there is positive news in the market about the widespread adoption of PENCIL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PENCIL/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PENCIL/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 PENCIL/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 PokePencil 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 PokePencil currency pairs: PENCIL to US Dollar (USD), PENCIL to Euro (EUR), PENCIL to Pound Sterling (GBP), PENCIL to Canadian Dollar (CAD), PENCIL to Indian Rupee (INR), PENCIL to Pakistani Rupee (PKR), PENCIL to Brazilian Real (BRL), PENCIL to…
The price of PokePencil in the US is $0.{5}3988 USD. Additionally, PokePencil’s price is €0.{5}3418 EUR in the eurozone, £0.{5}2989 GBP in the UK, C$0.{5}5570 CAD in Canada, ₹0.0003586 INR in India, ₨0.001127 PKR in Pakistan, R$0.{4}2120 BRL in Brazil, and more.
The most popular PokePencil currency pair is the PENCIL to Nigerian Naira(NGN). The price of 1 PokePencil (PENCIL) in Nigerian Naira (NGN) is ₦0.005770.

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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.