500 Nigerian Naira to Bitcoin
Convert NGN to BTC.
We aggregate and weigh exchange rates from popular exchanges for this conversion. Our rates are also a close estimate of what applies in the black market. This is for informational purposes only.
Convert Nigerian Naira to Bitcoin
Convert Bitcoin to Nigerian Naira
Currency Information
Nigerian Naira
The Naira (NGN) is the official currency of Nigeria, one of Africa's largest economies. Introduced in 1973 to replace the pound, the Naira plays a crucial role in the economic activities of the most populous country on the continent. Despite facing challenges like inflation and fluctuating exchange rates, the Naira remains central to Nigeria's domestic and international trade.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency and the first cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. Unlike traditional currencies, Bitcoin operates without a central authority, relying on blockchain technology to facilitate secure and transparent peer-to-peer transactions. As a pioneer in the world of digital finance, Bitcoin has become a significant asset in global markets, recognized for its potential to revolutionize traditional financial systems and its role as a store of value.
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