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.
NGN to USDT conversion — Last updated 8:26 AM Today
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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.
USD Tether
USD Tether (USDT) is a popular stablecoin that is pegged 1:1 to the U.S. dollar, designed to maintain a stable value while leveraging the benefits of blockchain technology. Issued by Tether Limited, USDT is widely used in cryptocurrency trading, providing a reliable way to move value across exchanges without the volatility of traditional cryptocurrencies. As one of the most widely adopted stablecoins, USDT plays a crucial role in the digital economy, offering a bridge between fiat currencies and the world of decentralized finance.
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