Bitcoin to Nigerian naira conversion

Bookmark Page Nigerian naira to Bitcoin (Swap Units)

More information: Bitcoin
More information: Nigerian naira

this page last updated:: Wed 22 Nov 2017


Introduced in 2009, Bitcoin is an online, digital currency which doesn’t have a central bank or ownership and is often referred to as a peer-to-peer payment system. Bitcoins are generated through a process known as "mining." This involves using specific software to solve maths problems. When a maths problem is solved, the "miner" is rewarded with a Bitcoin. These Bitcoins can then be exchanged for goods and services. Although the number of companies who accept Bitcoins is currently limited, as the currency becomes more well known the number is growing. Bitcoins can also be bought using other currencies. Bitcoin is also a "crypto-currency" which means it uses cryptography to drive the production of Bitcoins and Bitcoin transactions. This makes the currency extremely secure. The "block chain," which is effectively a public book of accounts, is used to check that genuine Bitcoins are being exchanged in all transactions. Bitcoin benefits from no limits of exchange as users can perform instant transactions at an


Convert Bitcoin to Nigerian naira

Nigerian naira

There were plans to revalue the Nigerian Naira in 2008 and introduce a new series of banknotes. This was abandoned by the president at the time and the currency has since suffered from high inflation rates and interest rises.


Bitcoin to Nigerian naira table
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Bitcoin Nigerian naira
XBT1.00 2931211.57
XBT2.00 5862423.15
XBT3.00 8793634.72
XBT4.00 11724846.30
XBT5.00 14656057.87
XBT6.00 17587269.45
XBT7.00 20518481.02
XBT8.00 23449692.60
XBT9.00 26380904.17
XBT10.00 29312115.75
XBT11.00 32243327.32
XBT12.00 35174538.90
XBT13.00 38105750.47
XBT14.00 41036962.04
XBT15.00 43968173.62
XBT16.00 46899385.19
XBT17.00 49830596.77
XBT18.00 52761808.34
XBT19.00 55693019.92
XBT20.00 58624231.49
Bitcoin Nigerian naira
XBT21.00 61555443.07
XBT22.00 64486654.64
XBT23.00 67417866.22
XBT24.00 70349077.79
XBT25.00 73280289.36
XBT26.00 76211500.94
XBT27.00 79142712.51
XBT28.00 82073924.09
XBT29.00 85005135.66
XBT30.00 87936347.24
XBT31.00 90867558.81
XBT32.00 93798770.39
XBT33.00 96729981.96
XBT34.00 99661193.54
XBT35.00 102592405.11
XBT36.00 105523616.69
XBT37.00 108454828.26
XBT38.00 111386039.83
XBT39.00 114317251.41
XBT40.00 117248462.98
Bitcoin Nigerian naira
XBT41.00 120179674.56
XBT42.00 123110886.13
XBT43.00 126042097.71
XBT44.00 128973309.28
XBT45.00 131904520.86
XBT46.00 134835732.43
XBT47.00 137766944.01
XBT48.00 140698155.58
XBT49.00 143629367.16
XBT50.00 146560578.73
XBT51.00 149491790.30
XBT52.00 152423001.88
XBT53.00 155354213.45
XBT54.00 158285425.03
XBT55.00 161216636.60
XBT56.00 164147848.18
XBT57.00 167079059.75
XBT58.00 170010271.33
XBT59.00 172941482.90
XBT60.00 175872694.48
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