Understanding the BTC to NGN Exchange Rate
As of July 4, 2025, at 08:20 UTC, the exchange rate for Bitcoin (BTC) to Nigerian Naira (NGN) stands at 1 BTC = 165,566,733 NGN. This means that for every Bitcoin you exchange, you would receive over 165 million Nigerian Naira.
Exchange rates between cryptocurrencies and traditional fiat currencies like the Naira fluctuate constantly due to market forces. Understanding these dynamics is crucial for anyone looking to convert digital assets into local currency.
Live BTC to NGN Converter Overview
Our live currency converter provides real-time exchange rates between Bitcoin and the Nigerian Naira. Here's a quick snapshot of the current rate:
- 1 BTC = 165,566,733 NGN
- 1 NGN = 0.000000006040 BTC
These rates are updated frequently to reflect the latest market conditions, ensuring you have access to the most accurate information for your financial decisions.
Historical BTC/NGN Performance Analysis
Tracking historical data helps investors and users understand market trends and volatility. The chart from July 4, 2024, to July 3, 2025, reveals valuable insights into the BTC/NGN pair.
What was the highest BTC/NGN exchange rate in the past year?
The highest value for the BTC/NGN rate was 178,498,997 Nigerian Naira per Bitcoin, reached on May 22, 2025.
What was the lowest BTC/NGN exchange rate in the past year?
The lowest value recorded was 85,935,161 Nigerian Naira per Bitcoin on July 5, 2024.
Is the BTC/NGN exchange rate rising or falling over the past year?
Over the past year, the BTC/NGN rate has increased by +88.23%. This indicates that Bitcoin's value has appreciated significantly against the Nigerian Naira.
Recent Exchange Rate Trends (30 & 90 Days)
Monitoring short-term trends is essential for timing your currency conversions effectively.
| Period | High | Low | Average | Change |
|---|---|---|---|---|
| Last 30 Days | ₦ 172,203,108.05 | ₦ 158,766,334.31 | ₦ 164,789,183.64 | +0.66% |
| Last 90 Days | ₦ 178,498,997.19 | ₦ 120,199,472.26 | ₦ 157,659,984.70 | +28.94% |
Over the last 30 days, the BTC/NGN exchange rate has seen a relatively stable period with moderate growth. The 90-day view shows a more substantial upward trend, highlighting the currency pair's volatility and potential for significant movement.
Comprehensive Conversion Tables
Bitcoin to Nigerian Naira Conversions
Use the following table to quickly reference common conversion amounts from Bitcoin to Naira.
| Bitcoin (BTC) | Nigerian Naira (NGN) |
|---|---|
| 1 BTC | 165,566,733 NGN |
| 5 BTC | 827,833,664 NGN |
| 10 BTC | 1,655,667,327 NGN |
| 25 BTC | 4,139,168,318 NGN |
| 50 BTC | 8,278,336,636 NGN |
| 100 BTC | 16,556,673,271 NGN |
| 1,000 BTC | 165,566,732,715 NGN |
Nigerian Naira to Bitcoin Conversions
This table helps you understand how much Bitcoin you can get for specific amounts of Naira.
| Nigerian Naira (NGN) | Bitcoin (BTC) |
|---|---|
| 1,000 NGN | 0.000006040 BTC |
| 5,000 NGN | 0.00003020 BTC |
| 10,000 NGN | 0.00006040 BTC |
| 50,000 NGN | 0.0003020 BTC |
| 100,000 NGN | 0.0006040 BTC |
| 1,000,000 NGN | 0.006040 BTC |
| 10,000,000 NGN | 0.06040 BTC |
How to Convert Bitcoin to Nigerian Naira
Converting Bitcoin to Nigerian Naira is a straightforward process. You can use a reliable online currency converter by simply entering the amount of BTC you wish to convert into the designated field. The tool will automatically display the equivalent value in NGN based on the most recent exchange rate.
For those looking to execute actual trades, the process typically involves using a cryptocurrency exchange that supports the Naira. You would need to deposit your Bitcoin, place a sell order, and then withdraw the resulting Naira to your local bank account. To explore more strategies for efficient conversion, it's important to understand the fee structures and processing times of different platforms.
Frequently Asked Questions (FAQ)
What is the current value of 1 Bitcoin in NGN?
As of July 4, 2025, at 08:20 UTC, 1 Bitcoin (BTC) is equivalent to 165,566,733 Nigerian Naira (NGN). This rate fluctuates constantly based on global cryptocurrency market dynamics.
What was the all-time high for the BTC/NGN exchange rate?
Over the past nine years, the highest rate for converting Bitcoin to Nigerian Naira was recorded on May 22, 2025, when 1 Bitcoin was worth 178,498,997 NGN.
When is the best time to convert BTC to NGN?
Currency markets operate 24 hours a day, five days a week. Rates can fluctuate minute-to-minute. Generally, the period between 3-4 PM GMT often sees high liquidity and trading volume, which can be advantageous. For urgent needs, converting early in the week is better than on weekends when markets are closed.
Which currency is stronger, Bitcoin or the Nigerian Naira?
Bitcoin is currently the stronger currency relative to the Nigerian Naira, as 1 BTC can be exchanged for over 165 million NGN. Conversely, 1 NGN is worth a fraction of a Bitcoin (0.000000006040 BTC).
Is Bitcoin rising or falling against the Naira?
Over the past year, Bitcoin has appreciated by +88.23% against the Nigerian Naira. This long-term upward trend indicates that Bitcoin's purchasing power has increased significantly compared to the Naira.
Where can I get the best BTC/NGN exchange rate today?
The best available rate is determined by the live market. As of the latest update, the rate is 165,566,733 NGN per BTC. It's crucial to compare rates across different reputable platforms to ensure you get the best possible deal for your conversion. You can view real-time tools that aggregate data from multiple sources to help you find optimal conversion times.