Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

DMS to NGN Converter and calculator

DMS/NGN: 1 DMS = 0.04979 NGN. The price of converting 1 Dragon Mainland Shards (DMS) to Nigerian Naira (NGN) is 0.04979 NGN today.
DMS
DMS
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides DMS to NGN real-time exchange rates, making it easy to convert Dragon Mainland Shards (DMS) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 DMS is currently valued at 0.05 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DMS is currently valued at 0.05 NGN, which means buying 5 DMS would cost 0.25 NGN. Similarly, ₦1 NGN can be converted to 20.09 DMS, and ₦50 NGN can be converted to 100.43 DMS, excluding any platform or gas fees.

Convert DMS to NGN

Convert NGN to DMS

Dragon Mainland Shards
Nigerian Naira
10000 DMS
497.87  NGN
In the table above, you'll find a comprehensive DMS to NGN converter that shows the value of Dragon Mainland Shards in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 DMS to NGN, all the way up to 10000 DMS, providing a clear view of their respective values.
Nigerian Naira
Dragon Mainland Shards
5000 NGN
100,427.59 DMS
10000 NGN
200,855.17 DMS
50000 NGN
1,004,275.86 DMS
100000 NGN
2,008,551.72 DMS
In the table above, you'll find a comprehensive NGN to DMS converter that shows the value of Nigerian Naira in Dragon Mainland Shards across commonly used conversion amounts. The list covers conversions from 1 NGN to DMS, all the way up to 100000 NGN, providing a clear view of their respective values.

DMS to NGN chart

DMS/NGN: 1 DMS = 0.04979 NGN; 2025/04/28 09:22:08
In the past 1D, Dragon Mainland Shards has changed +1.06% to NGN. Based on the trend and price charts, Dragon Mainland Shards(DMS) has changed +1.06% to NGN while Nigerian Naira(NGN) has changed % to DMS in the last 24 hours.
1D7D1M3M1YAll

DMS to NGN conversion data: Volatility and price changes of Dragon Mainland Shards in NGN

The highest Dragon Mainland Shards price in NGN over the past 7 days was 0.05955 NGN while the lowest Dragon Mainland Shards price in NGN over the past 7 days was 0.04508 NGN. The relative change between the highs and lows in Dragon Mainland Shards price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and DMS 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
0.04997 NGN
0.05955 NGN
0.06970 NGN
0.08617 NGN
Low
0.04835 NGN
0.04508 NGN
0.04410 NGN
0.04410 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+1.06%
-8.23%
-5.84%
-22.72%

Dragon Mainland Shards information

DMS to NGN market statistics

DMS/NGN:
₦0.04979
DMS 24h volume:
₦25,449,338.68
DMS market cap:
--
DMS circulating supply:
0 DMS

Current DMS to NGN exchange rate

Dragon Mainland Shards to Nigerian Naira is falling this week.
Dragon Mainland Shards's current market price is ₦0.04979 per DMS, with a total market cap of ₦0 NGN based on a circulating supply of -- DMS. The trading volume of Dragon Mainland Shards has changed by -2.13% (₦-553,416.64 NGN) in the last 24 hours. Last trading day, DMS's trading volume was ₦26,002,755.32.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 93817.15 USD
popular info ethereum
ETH to USD
1 ETH to 1790.77 USD
popular info ripple
XRP to USD
1 XRP to 2.26 USD
popular info solana
SOL to USD
1 SOL to 147.33 USD
popular info bitcoin
BTC to EUR
1 BTC to 82756.11 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70447.30 GBP
popular info bitcoin
BTC to CAD
1 BTC to 130312.02 CAD
popular info bitcoin
BTC to BRL
1 BTC to 537262.67 BRL
popular info bitcoin
BTC to INR
1 BTC to 7986222.42 INR
popular info pi-network
PI to INR
1 PI to 54.02 INR

Hot promotions

How to convert DMS to NGN

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert DMS to NGN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy DMS (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of DMS with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy DMS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Dragon Mainland Shards Converter

popular info New Taiwan dollar
DMS to TWD
1 DMS to NT$0.001005 TWD
popular info Chinese Yuan
DMS to CNY
1 DMS to ¥0.0002256 CNY
popular info United States Dollar
DMS to USD
1 DMS to $0.{4}3092 USD
popular info Euro
DMS to EUR
1 DMS to €0.{4}2728 EUR
popular info Canadian Dollar
DMS to CAD
1 DMS to C$0.{4}4295 CAD
popular info Nigerian Naira
DMS to NGN
1 DMS to ₦0.04979 NGN
popular info South Korean Won
DMS to KRW
1 DMS to ₩0.04470 KRW
popular info Japanese Yen
DMS to JPY
1 DMS to ¥0.004443 JPY
popular info Pound Sterling
DMS to GBP
1 DMS to £0.{4}2322 GBP
popular info Brazilian Real
DMS to BRL
1 DMS to R$0.0001771 BRL

Popular cryptocurrencies to NGN

other assets XRP
XRP to NGN
1 XRP to ₦3,760.66 NGN
other assets Bitcoin
BTC to NGN
1 BTC to ₦152,731,453.48 NGN
other assets Casper
CSPR to NGN
1 CSPR to ₦25.14 NGN
other assets DeepBook Protocol
DEEP to NGN
1 DEEP to ₦370.59 NGN
other assets Bonk
BONK to NGN
1 BONK to ₦0.03355 NGN
other assets Hedera
HBAR to NGN
1 HBAR to ₦317.47 NGN
other assets Cardano
ADA to NGN
1 ADA to ₦1,168.92 NGN
other assets IOTA
IOTA to NGN
1 IOTA to ₦368.23 NGN
other assets Solana
SOL to NGN
1 SOL to ₦244,416.47 NGN
other assets Aergo
AERGO to NGN
1 AERGO to ₦313.76 NGN

DMS to NGN Conversion tables

The exchange rate of Dragon Mainland Shards is decreasing.
The exchange rate of 1 DMS to Nigerian Naira has changed by -8.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.06%, reaching a high of 0.04997 NGN and a low of 0.04835 NGN . One month ago, the value of 1 DMS was ₦0.05287 NGN , which represents a -5.84% change from its current value. Over the last year, Dragon Mainland Shards has changed by
-
0.06681NGN
, resulting in a change of -57.31% in its value.
24 hours ago1 month ago1 year ago
Amount09:22 am today24 hours ago24h change
0.5 DMS₦0.02489₦0.02463
+1.06%
1 DMS₦0.04979₦0.04926
+1.06%
5 DMS₦0.2489₦0.2463
+1.06%
10 DMS₦0.4979₦0.4926
+1.06%
50 DMS₦2.49₦2.46
+1.06%
100 DMS₦4.98₦4.93
+1.06%
500 DMS₦24.89₦24.63
+1.06%
1000 DMS₦49.79₦49.26
+1.06%

DMS to NGN FAQ

How much is 1 Dragon Mainland Shards in NGN?
Right now, the price of 1 Dragon Mainland Shards (DMS) in Nigerian Naira (NGN) is ₦0.04979.
How much DMS can I buy for 1 NGN?
Based on the current exchange rate, you can get 20.09 DMS for 1 NGN.
How do I calculate or convert DMS to NGN?
You can use our DMS to NGN calculator at the top of this page to convert any amount of DMS to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 100.43 DMS, while 5 DMS will cost around 0.2489NGN.
What is the highest price of DMS/NGN in history?
The all-time high price of 1 DMS in NGN is ₦2,582.51. It remains to be seen if the value of 1 DMS/NGN will exceed the current all-time high.
What is the price trend of Dragon Mainland Shards in NGN?
Over the past 7 days, the exchange rate of Dragon Mainland Shards (DMS) has gone down by 8.23%.   Over the last month, the exchange rate of Dragon Mainland Shards (DMS) has gone down by 5.84% against Nigerian Naira (NGN).

What factors influence the conversion rate of DMS to NGN?

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

Purchase other cryptocurrencies with similar market cap

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.