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PHR to NGN Converter and calculator

PHR/NGN: 1 PHR = 0.9126 NGN. The price of converting 1 Phore (PHR) to Nigerian Naira (NGN) is 0.9126 NGN today.
PHR
PHR
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PHR to NGN real-time exchange rates, making it easy to convert Phore (PHR) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 PHR is currently valued at 0.9126 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PHR is currently valued at 0.9126 NGN, which means buying 5 PHR would cost 4.56 NGN. Similarly, ₦1 NGN can be converted to 1.1 PHR, and ₦50 NGN can be converted to 5.48 PHR, excluding any platform or gas fees.

Convert PHR to NGN

Convert NGN to PHR

Phore
Nigerian Naira
1 PHR
0.9126  NGN
Exchange 1 PHR for 0.9126 NGN
2 PHR
1.83  NGN
Exchange 2 PHR for 1.83 NGN
5 PHR
4.56  NGN
Exchange 5 PHR for 4.56 NGN
10 PHR
9.13  NGN
Exchange 10 PHR for 9.13 NGN
20 PHR
18.25  NGN
Exchange 20 PHR for 18.25 NGN
50 PHR
45.63  NGN
Exchange 50 PHR for 45.63 NGN
100 PHR
91.26  NGN
Exchange 100 PHR for 91.26 NGN
200 PHR
182.53  NGN
Exchange 200 PHR for 182.53 NGN
500 PHR
456.32  NGN
Exchange 500 PHR for 456.32 NGN
1000 PHR
912.64  NGN
Exchange 1000 PHR for 912.64 NGN
5000 PHR
4,563.21  NGN
Exchange 5000 PHR for 4,563.21 NGN
10000 PHR
9,126.42  NGN
Exchange 10000 PHR for 9,126.42 NGN
In the table above, you'll find a comprehensive PHR to NGN converter that shows the value of Phore in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 PHR to NGN, all the way up to 10000 PHR, providing a clear view of their respective values.
Nigerian Naira
Phore
1 NGN
1.1 PHR
Exchange 1 NGN for 1.1 PHR
10 NGN
10.96 PHR
Exchange 10 NGN for 10.96 PHR
50 NGN
54.79 PHR
Exchange 50 NGN for 54.79 PHR
100 NGN
109.57 PHR
Exchange 100 NGN for 109.57 PHR
200 NGN
219.14 PHR
Exchange 200 NGN for 219.14 PHR
500 NGN
547.86 PHR
Exchange 500 NGN for 547.86 PHR
1000 NGN
1,095.72 PHR
Exchange 1000 NGN for 1,095.72 PHR
2000 NGN
2,191.44 PHR
Exchange 2000 NGN for 2,191.44 PHR
5000 NGN
5,478.6 PHR
Exchange 5000 NGN for 5,478.6 PHR
10000 NGN
10,957.2 PHR
Exchange 10000 NGN for 10,957.2 PHR
50000 NGN
54,786 PHR
Exchange 50000 NGN for 54,786 PHR
100000 NGN
109,572 PHR
Exchange 100000 NGN for 109,572 PHR
In the table above, you'll find a comprehensive NGN to PHR converter that shows the value of Nigerian Naira in Phore across commonly used conversion amounts. The list covers conversions from 1 NGN to PHR, all the way up to 100000 NGN, providing a clear view of their respective values.

PHR to NGN chart

PHR/NGN: 1 PHR = 0.9126 NGN; 2025/07/17 13:37:51
In the past 1D, Phore has changed +0.00% to NGN. Based on the trend and price charts, Phore(PHR) has changed +0.00% to NGN while Nigerian Naira(NGN) has changed % to PHR in the last 24 hours.
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PHR to NGN conversion data: Volatility and price changes of Phore in NGN

The highest Phore price in NGN over the past 7 days was 18.45 NGN while the lowest Phore price in NGN over the past 7 days was 1.06 NGN. The relative change between the highs and lows in Phore price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PHR 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
1.6 NGN
18.45 NGN
21.36 NGN
21.36 NGN
Low
1.09 NGN
1.06 NGN
0.8643 NGN
0.1357 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.00%
+0.00%
+0.00%
+48.11%

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Phore information

PHR to NGN market statistics

PHR/NGN:
₦0.9126
PHR 24h volume:
--
PHR market cap:
₦27,868,355.51
PHR circulating supply:
30.54M PHR

Current PHR to NGN exchange rate

Phore to Nigerian Naira is rising this week.
Phore's current market price is ₦0.9126 per PHR, with a total market cap of ₦27,868,355.51 NGN based on a circulating supply of 30,535,914 PHR. The trading volume of Phore has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, PHR's trading volume was ₦0.

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

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PHR to NGN Conversion tables

The exchange rate of Phore is increasing.
The exchange rate of 1 PHR to Nigerian Naira has changed by +0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 1.6 NGN and a low of 1.09 NGN . One month ago, the value of 1 PHR was ₦0.9126 NGN , which represents a +0.00% change from its current value. Over the last year, Phore has changed by
-
1.2NGN
, resulting in a change of -43.06% in its value.
24 hours ago1 month ago1 year ago
Amount 13:37 today 24 hours ago 24h change
0.5 PHR
₦0.4563₦0.4563
+0.00%
1 PHR
₦0.9126₦0.9126
+0.00%
5 PHR
₦4.56₦4.56
+0.00%
10 PHR
₦9.13₦9.13
+0.00%
50 PHR
₦45.63₦45.63
+0.00%
100 PHR
₦91.26₦91.26
+0.00%
500 PHR
₦456.32₦456.32
+0.00%
1000 PHR
₦912.64₦912.64
+0.00%

PHR to NGN FAQ

How much is 1 Phore in NGN?
Right now, the price of 1 Phore (PHR) in Nigerian Naira (NGN) is ₦0.9126.
How much PHR can I buy for 1 NGN?
Based on the current exchange rate, you can get 1.1 PHR for 1 NGN.
How do I calculate or convert PHR to NGN?
You can use our PHR to NGN calculator at the top of this page to convert any amount of PHR to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 5.48 PHR, while 5 PHR will cost around 4.56NGN.
What is the highest price of PHR/NGN in history?
The all-time high price of 1 PHR in NGN is ₦14,468.58. It remains to be seen if the value of 1 PHR/NGN will exceed the current all-time high.
What is the price trend of Phore in NGN?
Over the past 7 days, the exchange rate of Phore (PHR) has gone up by 0.00%.   Over the last month, the exchange rate of Phore (PHR) has gone up by 0.00% against Nigerian Naira (NGN).

What factors influence the conversion rate of PHR to NGN?

There are many factors that affect the relationship between Phore 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 PHR/NGN. When there is positive news in the market about the widespread adoption of PHR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PHR/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PHR/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 PHR/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 Phore 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 Phore currency pairs: PHR to US Dollar (USD), PHR to Euro (EUR), PHR to Pound Sterling (GBP), PHR to Canadian Dollar (CAD), PHR to Indian Rupee (INR), PHR to Pakistani Rupee (PKR), PHR to Brazilian Real (BRL), PHR to…
The price of Phore in the US is $0.0005965 USD. Additionally, Phore’s price is €0.0005152 EUR in the eurozone, £0.0004452 GBP in the UK, C$0.0008210 CAD in Canada, ₹0.05136 INR in India, ₨0.1700 PKR in Pakistan, R$0.003344 BRL in Brazil, and more.
The most popular Phore currency pair is the PHR to Nigerian Naira(NGN). The price of 1 Phore (PHR) in Nigerian Naira (NGN) is ₦0.9126.

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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.