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MAKA to NGN Converter and calculator

MAKA/NGN: 1 MAKA = 126.28 NGN. The price of converting 1 MAKACHAIN (MAKA) to Nigerian Naira (NGN) is 126.28 NGN today.
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MAKA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAKA to NGN real-time exchange rates, making it easy to convert MAKACHAIN (MAKA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 MAKA is currently valued at 126.28 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAKA is currently valued at 126.28 NGN, which means buying 5 MAKA would cost 631.39 NGN. Similarly, ₦1 NGN can be converted to 0.007919 MAKA, and ₦50 NGN can be converted to 0.03960 MAKA, excluding any platform or gas fees.

Convert MAKA to NGN

Convert NGN to MAKA

MAKACHAIN
Nigerian Naira
1 MAKA
126.28  NGN
Exchange 1 MAKA for 126.28 NGN
2 MAKA
252.56  NGN
Exchange 2 MAKA for 252.56 NGN
5 MAKA
631.39  NGN
Exchange 5 MAKA for 631.39 NGN
10 MAKA
1,262.78  NGN
Exchange 10 MAKA for 1,262.78 NGN
20 MAKA
2,525.57  NGN
Exchange 20 MAKA for 2,525.57 NGN
50 MAKA
6,313.92  NGN
Exchange 50 MAKA for 6,313.92 NGN
100 MAKA
12,627.84  NGN
Exchange 100 MAKA for 12,627.84 NGN
200 MAKA
25,255.67  NGN
Exchange 200 MAKA for 25,255.67 NGN
500 MAKA
63,139.18  NGN
Exchange 500 MAKA for 63,139.18 NGN
1000 MAKA
126,278.37  NGN
Exchange 1000 MAKA for 126,278.37 NGN
5000 MAKA
631,391.84  NGN
Exchange 5000 MAKA for 631,391.84 NGN
10000 MAKA
1,262,783.69  NGN
Exchange 10000 MAKA for 1,262,783.69 NGN
In the table above, you'll find a comprehensive MAKA to NGN converter that shows the value of MAKACHAIN in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 MAKA to NGN, all the way up to 10000 MAKA, providing a clear view of their respective values.
Nigerian Naira
MAKACHAIN
1 NGN
0.007919 MAKA
Exchange 1 NGN for 0.007919 MAKA
10 NGN
0.07919 MAKA
Exchange 10 NGN for 0.07919 MAKA
50 NGN
0.3960 MAKA
Exchange 50 NGN for 0.3960 MAKA
100 NGN
0.7919 MAKA
Exchange 100 NGN for 0.7919 MAKA
200 NGN
1.58 MAKA
Exchange 200 NGN for 1.58 MAKA
500 NGN
3.96 MAKA
Exchange 500 NGN for 3.96 MAKA
1000 NGN
7.92 MAKA
Exchange 1000 NGN for 7.92 MAKA
2000 NGN
15.84 MAKA
Exchange 2000 NGN for 15.84 MAKA
5000 NGN
39.6 MAKA
Exchange 5000 NGN for 39.6 MAKA
10000 NGN
79.19 MAKA
Exchange 10000 NGN for 79.19 MAKA
50000 NGN
395.95 MAKA
Exchange 50000 NGN for 395.95 MAKA
100000 NGN
791.9 MAKA
Exchange 100000 NGN for 791.9 MAKA
In the table above, you'll find a comprehensive NGN to MAKA converter that shows the value of Nigerian Naira in MAKACHAIN across commonly used conversion amounts. The list covers conversions from 1 NGN to MAKA, all the way up to 100000 NGN, providing a clear view of their respective values.

MAKA to NGN chart

MAKA/NGN: 1 MAKA = 126.28 NGN; 2025/12/15 11:43:48
In the past 1D, MAKACHAIN has changed -0.00% to NGN. Based on the trend and price charts, MAKACHAIN(MAKA) has changed -0.00% to NGN while Nigerian Naira(NGN) has changed % to MAKA in the last 24 hours.
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MAKA to NGN conversion data: Volatility and price changes of MAKACHAIN in NGN

The highest MAKACHAIN price in NGN over the past 7 days was 126.28 NGN while the lowest MAKACHAIN price in NGN over the past 7 days was 125.42 NGN. The relative change between the highs and lows in MAKACHAIN price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MAKA to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
126.28 NGN
126.28 NGN
126.71 NGN
4,099.58 NGN
Low
126.28 NGN
125.42 NGN
125.42 NGN
116.57 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.00%
+0.01%
-0.32%
+0.10%

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MAKACHAIN information

MAKA to NGN market statistics

MAKA/NGN:
₦126.28
MAKA 24h volume:
--
MAKA market cap:
--
MAKA circulating supply:
0 MAKA

Current MAKA to NGN exchange rate

MAKACHAIN to Nigerian Naira is rising this week.
MAKACHAIN's current market price is ₦126.28 per MAKA, with a total market cap of ₦0 NGN based on a circulating supply of -- MAKA. The trading volume of MAKACHAIN has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, MAKA's trading volume was ₦0.

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

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How to convert MAKA to NGN

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MAKA to NGN Conversion tables

The exchange rate of MAKACHAIN is decreasing.
The exchange rate of 1 MAKA to Nigerian Naira has changed by +0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.00%, reaching a high of 126.28 NGN and a low of 126.28 NGN . One month ago, the value of 1 MAKA was ₦126.68 NGN , which represents a -0.32% change from its current value. Over the last year, MAKACHAIN has changed by
+
126.28NGN
, resulting in a change of +0.69% in its value.
24 hours ago1 month ago1 year ago
Amount 11:43 am today 24 hours ago 24h change
0.5 MAKA
₦63.14₦63.14
-0.00%
1 MAKA
₦126.28₦126.28
-0.00%
5 MAKA
₦631.39₦631.4
-0.00%
10 MAKA
₦1,262.78₦1,262.81
-0.00%
50 MAKA
₦6,313.92₦6,314.04
-0.00%
100 MAKA
₦12,627.84₦12,628.08
-0.00%
500 MAKA
₦63,139.18₦63,140.41
-0.00%
1000 MAKA
₦126,278.37₦126,280.82
-0.00%

MAKA to NGN FAQ

How much is 1 MAKACHAIN in NGN?
Right now, the price of 1 MAKACHAIN (MAKA) in Nigerian Naira (NGN) is ₦126.28.
How much MAKA can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.007919 MAKA for 1 NGN.
How do I calculate or convert MAKA to NGN?
You can use our MAKA to NGN calculator at the top of this page to convert any amount of MAKA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.03960 MAKA, while 5 MAKA will cost around 631.39NGN.
What is the highest price of MAKA/NGN in history?
The all-time high price of 1 MAKA in NGN is ₦4,099.58. It remains to be seen if the value of 1 MAKA/NGN will exceed the current all-time high.
What is the price trend of MAKACHAIN in NGN?
Over the past 7 days, the exchange rate of MAKACHAIN (MAKA) has gone up by 0.01%.   Over the last month, the exchange rate of MAKACHAIN (MAKA) has gone down by 0.32% against Nigerian Naira (NGN).

What factors influence the conversion rate of MAKA to NGN?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular MAKACHAIN currency pairs: MAKA to US Dollar (USD), MAKA to Euro (EUR), MAKA to Pound Sterling (GBP), MAKA to Canadian Dollar (CAD), MAKA to Indian Rupee (INR), MAKA to Pakistani Rupee (PKR), MAKA to Brazilian Real (BRL), MAKA to…
The price of MAKACHAIN in the US is $0.08699 USD. Additionally, MAKACHAIN’s price is €0.07407 EUR in the eurozone, £0.06502 GBP in the UK, C$0.1198 CAD in Canada, ₹7.89 INR in India, ₨24.37 PKR in Pakistan, R$0.4715 BRL in Brazil, and more.
The most popular MAKACHAIN currency pair is the MAKA to Nigerian Naira(NGN). The price of 1 MAKACHAIN (MAKA) in Nigerian Naira (NGN) is ₦126.28.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.