Understanding the exchange rate between Bitcoin (BTC) and the Nigerian Naira (NGN) is crucial for traders, investors, and anyone involved in cross-border transactions between cryptocurrencies and traditional fiat currencies. This guide provides a comprehensive overview of the BTC to NGN conversion process, current and historical rates, and essential factors to consider.
Real-Time BTC to NGN Converter
As of July 4, 2025, at 08:20 UTC, the live exchange rate is:
- 1 Bitcoin (BTC) = 165,566,733 Nigerian Naira (NGN)
- 1 Nigerian Naira (NGN) = 0.000000006040 Bitcoin (BTC)
Exchange rates between cryptocurrencies and fiat currencies are highly volatile and can change by the minute based on global market supply and demand.
Historical Performance and Volatility
Analyzing historical data helps understand market trends and potential future movements.
BTC/NGN Exchange Rate Over the Past Year
From July 4, 2024, to July 3, 2025, the average exchange rate was 133,472,712 NGN per Bitcoin.
- All-Time High (Last Year): The highest rate was 178,498,997 NGN per Bitcoin on Thursday, May 22, 2025.
- All-Time Low (Last Year): The lowest rate was 85,935,161 NGN per Bitcoin on Friday, July 5, 2024.
This represents an overall increase of +88.23% for BTC against NGN over this one-year period, meaning Bitcoin appreciated significantly against the Nigerian Naira.
Recent Market Volatility
| Period | High | Low | Average | Volatility |
|---|---|---|---|---|
| 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% |
The 90-day period shows much higher volatility, with a significant price swing of nearly +29%.
Comprehensive Conversion Table
Converting Bitcoin (BTC) to Nigerian Naira (NGN)
| 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 |
| 500 BTC | 82,783,366,357 NGN |
| 1,000 BTC | 165,566,732,715 NGN |
Converting Nigerian Naira (NGN) to Bitcoin (BTC)
| 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 |
| 100,000,000 NGN | 0.6040 BTC |
How to Convert BTC to NGN
Converting Bitcoin to Nigerian Naira typically involves using a cryptocurrency exchange or a peer-to-peer (P2P) platform. The process usually follows these steps:
- Choose a Platform: Select a reputable exchange that supports the BTC/NGN trading pair or has robust P2P services in Nigeria.
- Create and Verify an Account: Complete the registration and know-your-customer (KYC) verification process as required.
- Deposit Bitcoin: Transfer your BTC to your exchange wallet.
- Execute the Trade: On the exchange, sell your BTC for NGN. On a P2P platform, you would create an offer or accept one from a buyer.
- Withdraw Naira: Once the trade is complete and you have NGN in your exchange wallet, you can withdraw it to your local bank account.
👉 Explore reliable conversion platforms to find a service that suits your needs for liquidity and security.
Frequently Asked Questions (FAQs)
What is the current value of 1 Bitcoin in Naira?
As of the latest update on Friday, July 4, 2025, at 08:20 UTC, 1 Bitcoin (BTC) is equivalent to 165,566,733 Nigerian Naira (NGN). This rate is subject to constant change due to market volatility.
How much is 100 Bitcoin worth in Naira?
Based on the current exchange rate, 100 Bitcoin (BTC) would be worth 16,556,673,271 Nigerian Naira (NGN). Always check a live converter for the most precise amount at the exact moment of your transaction.
What was the highest BTC to NGN rate in recent history?
The highest exchange rate in the past year was recorded on Thursday, May 22, 2025, when 1 Bitcoin was valued at 178,498,997 Nigerian Naira.
When is the best time to convert BTC to NGN?
Cryptocurrency markets operate 24/7, but forex markets for fiat like Naira have specific hours. Generally, the period between 3:00 PM and 4:00 PM GMT often sees high liquidity and trading volume, which can lead to better execution. For urgent needs, converting early in the week is advisable, as trades executed near the weekend may not settle until the following week.
Is Bitcoin stronger than the Nigerian Naira?
Yes, historically, Bitcoin has significantly appreciated against the Nigerian Naira. Over the past year, it gained +88.23%, and over a longer, nine-year period, it has seen an increase of over +51,506%. This represents a substantial gain in purchasing power for BTC holders against the NGN.
How can I get the best exchange rate?
The best rate is achieved by comparing prices across multiple reputable exchanges and P2P platforms. 👉 Get advanced methods for comparing real-time rates and finding the most favorable terms for your conversion. Using limit orders on exchanges can also help you target a specific desired rate.