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RMRK to NGN Converter and calculator

RMRK/NGN: 1 RMRK = 165.5 NGN. The price of converting 1 RMRK (RMRK) to Nigerian Naira (NGN) is 165.5 NGN today.
RMRK
RMRK
NGN
Last updated as of 2025/04/29 14:30:52 (UTC+0)Refreshrefresh
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Bitget converter provides RMRK to NGN real-time exchange rates, making it easy to convert RMRK (RMRK) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 RMRK is currently valued at 165.50 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RMRK is currently valued at 165.50 NGN, which means buying 5 RMRK would cost 827.48 NGN. Similarly, ₦1 NGN can be converted to 0.006042 RMRK, and ₦50 NGN can be converted to 0.03021 RMRK, excluding any platform or gas fees.

Convert RMRK to NGN

Convert NGN to RMRK

RMRK
Nigerian Naira
10 RMRK
1,654.96  NGN
20 RMRK
3,309.92  NGN
50 RMRK
8,274.79  NGN
100 RMRK
16,549.58  NGN
200 RMRK
33,099.16  NGN
500 RMRK
82,747.91  NGN
1000 RMRK
165,495.81  NGN
5000 RMRK
827,479.05  NGN
10000 RMRK
1,654,958.11  NGN
In the table above, you'll find a comprehensive RMRK to NGN converter that shows the value of RMRK in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 RMRK to NGN, all the way up to 10000 RMRK, providing a clear view of their respective values.
Nigerian Naira
RMRK
In the table above, you'll find a comprehensive NGN to RMRK converter that shows the value of Nigerian Naira in RMRK across commonly used conversion amounts. The list covers conversions from 1 NGN to RMRK, all the way up to 100000 NGN, providing a clear view of their respective values.

RMRK to NGN chart

RMRK/NGN: 1 RMRK = 165.5 NGN; 2025/04/29 14:30:48
In the past 1D, RMRK has changed +1.05% to NGN. Based on the trend and price charts, RMRK(RMRK) has changed +1.05% to NGN while Nigerian Naira(NGN) has changed -1.04% to RMRK in the last 24 hours.
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Live RMRK (RMRK) price chart
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RMRK to NGN conversion data: Volatility and price changes of RMRK in NGN

The highest RMRK price in NGN over the past 7 days was 188.43 NGN while the lowest RMRK price in NGN over the past 7 days was 137.75 NGN. The relative change between the highs and lows in RMRK price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and RMRK to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
188.43 NGN
188.43 NGN
188.43 NGN
351.62 NGN
Low
156.71 NGN
137.75 NGN
96.39 NGN
86.94 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.05%
+47.20%
+52.19%
-48.02%

RMRK information

RMRK to NGN market statistics

RMRK/NGN:
₦165.5
RMRK 24h volume:
₦29,650,881.6
RMRK market cap:
₦1,504,513,992.69
RMRK circulating supply:
9.09M RMRK

Current RMRK to NGN exchange rate

RMRK to Nigerian Naira is rising this week.
RMRK's current market price is ₦165.5 per RMRK, with a total market cap of ₦1,504,513,992.69 NGN based on a circulating supply of 9,090,949 RMRK. The trading volume of RMRK has changed by +2.73% (₦789,081.61 NGN) in the last 24 hours. Last trading day, RMRK's trading volume was ₦28,861,799.99.

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

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How to convert RMRK to NGN

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RMRK to NGN Conversion tables

The exchange rate of RMRK is increasing.
The exchange rate of 1 RMRK to Nigerian Naira has changed by +47.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.05%, reaching a high of 188.43 NGN and a low of 156.71 NGN . One month ago, the value of 1 RMRK was ₦108.8 NGN , which represents a +52.19% change from its current value. Over the last year, RMRK has changed by
-
2,104.71NGN
, resulting in a change of -92.72% in its value.
24 hours ago1 month ago1 year ago
Amount14:30 today24 hours ago24h change
0.5 RMRK₦82.75₦81.89
+1.05%
1 RMRK₦165.5₦163.78
+1.05%
5 RMRK₦827.48₦818.92
+1.05%
10 RMRK₦1,654.96₦1,637.83
+1.05%
50 RMRK₦8,274.79₦8,189.16
+1.05%
100 RMRK₦16,549.58₦16,378.33
+1.05%
500 RMRK₦82,747.91₦81,891.63
+1.05%
1000 RMRK₦165,495.81₦163,783.27
+1.05%

RMRK to NGN FAQ

How much is 1 RMRK in NGN?
Right now, the price of 1 RMRK (RMRK) in Nigerian Naira (NGN) is ₦165.5.
How much RMRK can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.006042 RMRK for 1 NGN.
How do I calculate or convert RMRK to NGN?
You can use our RMRK to NGN calculator at the top of this page to convert any amount of RMRK to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.03021 RMRK, while 5 RMRK will cost around 827.48NGN.
What is the highest price of RMRK/NGN in history?
The all-time high price of 1 RMRK in NGN is ₦107,411.1. It remains to be seen if the value of 1 RMRK/NGN will exceed the current all-time high.
What is the price trend of RMRK in NGN?
Over the past 7 days, the exchange rate of RMRK (RMRK) has gone up by 47.20%.   Over the last month, the exchange rate of RMRK (RMRK) has gone up by 52.19% against Nigerian Naira (NGN).

What factors influence the conversion rate of RMRK to NGN?

There are many factors that affect the relationship between RMRK 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 RMRK/NGN. When there is positive news in the market about the widespread adoption of RMRK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RMRK/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RMRK/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 RMRK/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 RMRK and adjust their investment strategies accordingly in the evolving market.

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