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SCM to NGN Converter and calculator

SCM/NGN: 1 SCM = 0.008693 NGN. The price of converting 1 ScamFari token (SCM) to Nigerian Naira (NGN) is 0.008693 NGN today.
SCM
SCM
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SCM to NGN real-time exchange rates, making it easy to convert ScamFari token (SCM) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SCM is currently valued at 0.008693 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SCM is currently valued at 0.008693 NGN, which means buying 5 SCM would cost 0.04346 NGN. Similarly, ₦1 NGN can be converted to 115.04 SCM, and ₦50 NGN can be converted to 575.19 SCM, excluding any platform or gas fees.

Convert SCM to NGN

Convert NGN to SCM

ScamFari token
Nigerian Naira
1 SCM
0.008693  NGN
Exchange 1 SCM for 0.008693 NGN
2 SCM
0.01739  NGN
Exchange 2 SCM for 0.01739 NGN
5 SCM
0.04346  NGN
Exchange 5 SCM for 0.04346 NGN
10 SCM
0.08693  NGN
Exchange 10 SCM for 0.08693 NGN
20 SCM
0.1739  NGN
Exchange 20 SCM for 0.1739 NGN
50 SCM
0.4346  NGN
Exchange 50 SCM for 0.4346 NGN
100 SCM
0.8693  NGN
Exchange 100 SCM for 0.8693 NGN
200 SCM
1.74  NGN
Exchange 200 SCM for 1.74 NGN
500 SCM
4.35  NGN
Exchange 500 SCM for 4.35 NGN
1000 SCM
8.69  NGN
Exchange 1000 SCM for 8.69 NGN
5000 SCM
43.46  NGN
Exchange 5000 SCM for 43.46 NGN
10000 SCM
86.93  NGN
Exchange 10000 SCM for 86.93 NGN
In the table above, you'll find a comprehensive SCM to NGN converter that shows the value of ScamFari token in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SCM to NGN, all the way up to 10000 SCM, providing a clear view of their respective values.
Nigerian Naira
ScamFari token
1 NGN
115.04 SCM
Exchange 1 NGN for 115.04 SCM
10 NGN
1,150.38 SCM
Exchange 10 NGN for 1,150.38 SCM
50 NGN
5,751.88 SCM
Exchange 50 NGN for 5,751.88 SCM
100 NGN
11,503.77 SCM
Exchange 100 NGN for 11,503.77 SCM
200 NGN
23,007.53 SCM
Exchange 200 NGN for 23,007.53 SCM
500 NGN
57,518.83 SCM
Exchange 500 NGN for 57,518.83 SCM
1000 NGN
115,037.67 SCM
Exchange 1000 NGN for 115,037.67 SCM
2000 NGN
230,075.34 SCM
Exchange 2000 NGN for 230,075.34 SCM
5000 NGN
575,188.34 SCM
Exchange 5000 NGN for 575,188.34 SCM
10000 NGN
1,150,376.69 SCM
Exchange 10000 NGN for 1,150,376.69 SCM
50000 NGN
5,751,883.45 SCM
Exchange 50000 NGN for 5,751,883.45 SCM
100000 NGN
11,503,766.89 SCM
Exchange 100000 NGN for 11,503,766.89 SCM
In the table above, you'll find a comprehensive NGN to SCM converter that shows the value of Nigerian Naira in ScamFari token across commonly used conversion amounts. The list covers conversions from 1 NGN to SCM, all the way up to 100000 NGN, providing a clear view of their respective values.

SCM to NGN chart

SCM/NGN: 1 SCM = 0.008693 NGN; 2025/07/19 19:02:33
In the past 1D, ScamFari token has changed +1.56% to NGN. Based on the trend and price charts, ScamFari token(SCM) has changed +1.56% to NGN while Nigerian Naira(NGN) has changed % to SCM in the last 24 hours.
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SCM to NGN conversion data: Volatility and price changes of ScamFari token in NGN

The highest ScamFari token price in NGN over the past 7 days was 0.007927 NGN while the lowest ScamFari token price in NGN over the past 7 days was 0.007310 NGN. The relative change between the highs and lows in ScamFari token price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SCM 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
0.007927 NGN
0.007927 NGN
0.008367 NGN
0.008593 NGN
Low
0.007781 NGN
0.007310 NGN
0.007310 NGN
0.005830 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.56%
+1.44%
-4.18%
+15.42%

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Bitget P2P trading does not currently support direct buying of SCM with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy SCM with USDT via Bitget spot market.
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ScamFari token information

SCM to NGN market statistics

SCM/NGN:
₦0.008693
SCM 24h volume:
₦38,933,501.96
SCM market cap:
--
SCM circulating supply:
0 SCM

Current SCM to NGN exchange rate

ScamFari token to Nigerian Naira is rising this week.
ScamFari token's current market price is ₦0.008693 per SCM, with a total market cap of ₦0 NGN based on a circulating supply of -- SCM. The trading volume of ScamFari token has changed by -36.84% (₦-22,706,812.47 NGN) in the last 24 hours. Last trading day, SCM's trading volume was ₦61,640,314.43.

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

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SCM to NGN Conversion tables

The exchange rate of ScamFari token is decreasing.
The exchange rate of 1 SCM to Nigerian Naira has changed by +1.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.56%, reaching a high of 0.007927 NGN and a low of 0.007781 NGN . One month ago, the value of 1 SCM was ₦0.009038 NGN , which represents a -4.18% change from its current value. Over the last year, ScamFari token has changed by
-
0.06141NGN
, resulting in a change of -88.58% in its value.
24 hours ago1 month ago1 year ago
Amount 19:02 today 24 hours ago 24h change
0.5 SCM
₦0.004346₦0.004286
+1.56%
1 SCM
₦0.008693₦0.008571
+1.56%
5 SCM
₦0.04346₦0.04286
+1.56%
10 SCM
₦0.08693₦0.08571
+1.56%
50 SCM
₦0.4346₦0.4286
+1.56%
100 SCM
₦0.8693₦0.8571
+1.56%
500 SCM
₦4.35₦4.29
+1.56%
1000 SCM
₦8.69₦8.57
+1.56%

SCM to NGN FAQ

How much is 1 ScamFari token in NGN?
Right now, the price of 1 ScamFari token (SCM) in Nigerian Naira (NGN) is ₦0.008693.
How much SCM can I buy for 1 NGN?
Based on the current exchange rate, you can get 115.04 SCM for 1 NGN.
How do I calculate or convert SCM to NGN?
You can use our SCM to NGN calculator at the top of this page to convert any amount of SCM to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 575.19 SCM, while 5 SCM will cost around 0.04346NGN.
What is the highest price of SCM/NGN in history?
The all-time high price of 1 SCM in NGN is ₦52.56. It remains to be seen if the value of 1 SCM/NGN will exceed the current all-time high.
What is the price trend of ScamFari token in NGN?
Over the past 7 days, the exchange rate of ScamFari token (SCM) has gone up by 1.44%.   Over the last month, the exchange rate of ScamFari token (SCM) has gone down by 4.18% against Nigerian Naira (NGN).

What factors influence the conversion rate of SCM to NGN?

There are many factors that affect the relationship between ScamFari token 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 SCM/NGN. When there is positive news in the market about the widespread adoption of SCM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SCM/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SCM/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 SCM/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 ScamFari token 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 ScamFari token currency pairs: SCM to US Dollar (USD), SCM to Euro (EUR), SCM to Pound Sterling (GBP), SCM to Canadian Dollar (CAD), SCM to Indian Rupee (INR), SCM to Pakistani Rupee (PKR), SCM to Brazilian Real (BRL), SCM to…
The price of ScamFari token in the US is $0.{5}5678 USD. Additionally, ScamFari token’s price is €0.{5}4882 EUR in the eurozone, £0.{5}4233 GBP in the UK, C$0.{5}7798 CAD in Canada, ₹0.0004891 INR in India, ₨0.001618 PKR in Pakistan, R$0.{4}3169 BRL in Brazil, and more.
The most popular ScamFari token currency pair is the SCM to Nigerian Naira(NGN). The price of 1 ScamFari token (SCM) in Nigerian Naira (NGN) is ₦0.008693.

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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.