Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

SHA to NGN Converter and calculator

SHA/NGN: 1 SHA = 0.2331 NGN. The price of converting 1 Safe Haven (SHA) to Nigerian Naira (NGN) is 0.2331 NGN today.
SHA
SHA
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides SHA to NGN real-time exchange rates, making it easy to convert Safe Haven (SHA) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 SHA is currently valued at 0.23 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHA is currently valued at 0.23 NGN, which means buying 5 SHA would cost 1.17 NGN. Similarly, ₦1 NGN can be converted to 4.29 SHA, and ₦50 NGN can be converted to 21.45 SHA, excluding any platform or gas fees.

Convert SHA to NGN

Convert NGN to SHA

Safe Haven
Nigerian Naira
5000 SHA
1,165.4  NGN
10000 SHA
2,330.8  NGN
In the table above, you'll find a comprehensive SHA to NGN converter that shows the value of Safe Haven in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 SHA to NGN, all the way up to 10000 SHA, providing a clear view of their respective values.
Nigerian Naira
Safe Haven
50000 NGN
214,519.01 SHA
100000 NGN
429,038.01 SHA
In the table above, you'll find a comprehensive NGN to SHA converter that shows the value of Nigerian Naira in Safe Haven across commonly used conversion amounts. The list covers conversions from 1 NGN to SHA, all the way up to 100000 NGN, providing a clear view of their respective values.

SHA to NGN chart

SHA/NGN: 1 SHA = 0.2331 NGN; 2025/04/29 22:08:54
In the past 1D, Safe Haven has changed -0.00% to NGN. Based on the trend and price charts, Safe Haven(SHA) has changed -0.00% to NGN while Nigerian Naira(NGN) has changed % to SHA in the last 24 hours.
1D7D1M3M1YAll

SHA to NGN conversion data: Volatility and price changes of Safe Haven in NGN

The highest Safe Haven price in NGN over the past 7 days was 0.2331 NGN while the lowest Safe Haven price in NGN over the past 7 days was 0.1709 NGN. The relative change between the highs and lows in Safe Haven price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and SHA 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
0.2331 NGN
0.2331 NGN
0.2473 NGN
0.4608 NGN
Low
0.2331 NGN
0.1709 NGN
0.1656 NGN
0.1656 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.00%
+29.72%
-4.72%
-42.61%

Safe Haven information

SHA to NGN market statistics

SHA/NGN:
₦0.2331
SHA 24h volume:
--
SHA market cap:
₦700,603,533.9
SHA circulating supply:
3.01B SHA

Current SHA to NGN exchange rate

Safe Haven to Nigerian Naira is rising this week.
Safe Haven's current market price is ₦0.2331 per SHA, with a total market cap of ₦700,603,533.9 NGN based on a circulating supply of 3,005,855,500 SHA. The trading volume of Safe Haven has changed by 0.00% (₦0 NGN) in the last 24 hours. Last trading day, SHA's trading volume was ₦0.

More info about Safe Haven 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 Safe Haven currency pair is the SHA to NGN, with for Safe Haven's currency code being SHA. 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 95082.58 USD
popular info ethereum
ETH to USD
1 ETH to 1822.24 USD
popular info ripple
XRP to USD
1 XRP to 2.28 USD
popular info solana
SOL to USD
1 SOL to 148.18 USD
popular info bitcoin
BTC to EUR
1 BTC to 83473.00 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70903.08 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131489.70 CAD
popular info bitcoin
BTC to BRL
1 BTC to 535362.47 BRL
popular info bitcoin
BTC to INR
1 BTC to 8090310.50 INR
popular info pi-network
PI to INR
1 PI to 49.80 INR

Hot promotions

How to convert SHA 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 SHA to NGN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy SHA (or USDT) for NGN (Nigerian Naira) offers
Bitget P2P trading does not currently support direct buying of SHA with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy SHA 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 Safe Haven Converter

popular info New Taiwan dollar
SHA to TWD
1 SHA to NT$0.004694 TWD
popular info Chinese Yuan
SHA to CNY
1 SHA to ¥0.001057 CNY
popular info United States Dollar
SHA to USD
1 SHA to $0.0001452 USD
popular info Euro
SHA to EUR
1 SHA to €0.0001275 EUR
popular info Canadian Dollar
SHA to CAD
1 SHA to C$0.0002008 CAD
popular info Nigerian Naira
SHA to NGN
1 SHA to ₦0.2331 NGN
popular info South Korean Won
SHA to KRW
1 SHA to ₩0.2080 KRW
popular info Japanese Yen
SHA to JPY
1 SHA to ¥0.02067 JPY
popular info Pound Sterling
SHA to GBP
1 SHA to £0.0001083 GBP
popular info Brazilian Real
SHA to BRL
1 SHA to R$0.0008178 BRL

Popular cryptocurrencies to NGN

other assets Sign
SIGN to NGN
1 SIGN to ₦166.42 NGN
other assets Alpaca Finance
ALPACA to NGN
1 ALPACA to ₦322.01 NGN
other assets Pi
PI to NGN
1 PI to ₦933.89 NGN
other assets Cookie DAO
COOKIE to NGN
1 COOKIE to ₦276.36 NGN
other assets BNB
BNB to NGN
1 BNB to ₦963,792.46 NGN
other assets Solayer
LAYER to NGN
1 LAYER to ₦5,142.3 NGN
other assets Initia
INIT to NGN
1 INIT to ₦1,341.97 NGN
other assets Bitcoin
BTC to NGN
1 BTC to ₦151,726,342.8 NGN
other assets Pundi X (New)
PUNDIX to NGN
1 PUNDIX to ₦708.81 NGN
other assets Safe
SAFE to NGN
1 SAFE to ₦920.02 NGN

SHA to NGN Conversion tables

The exchange rate of Safe Haven is decreasing.
The exchange rate of 1 SHA to Nigerian Naira has changed by +29.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.00%, reaching a high of 0.2331 NGN and a low of 0.2331 NGN . One month ago, the value of 1 SHA was ₦0.2446 NGN , which represents a -4.72% change from its current value. Over the last year, Safe Haven has changed by
-
0.2771NGN
, resulting in a change of -54.31% in its value.
24 hours ago1 month ago1 year ago
Amount22:08 today24 hours ago24h change
0.5 SHA₦0.1165₦0.1165
-0.00%
1 SHA₦0.2331₦0.2331
-0.00%
5 SHA₦1.17₦1.17
-0.00%
10 SHA₦2.33₦2.33
-0.00%
50 SHA₦11.65₦11.65
-0.00%
100 SHA₦23.31₦23.31
-0.00%
500 SHA₦116.54₦116.54
-0.00%
1000 SHA₦233.08₦233.08
-0.00%

SHA to NGN FAQ

How much is 1 Safe Haven in NGN?
Right now, the price of 1 Safe Haven (SHA) in Nigerian Naira (NGN) is ₦0.2331.
How much SHA can I buy for 1 NGN?
Based on the current exchange rate, you can get 4.29 SHA for 1 NGN.
How do I calculate or convert SHA to NGN?
You can use our SHA to NGN calculator at the top of this page to convert any amount of SHA to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 21.45 SHA, while 5 SHA will cost around 1.17NGN.
What is the highest price of SHA/NGN in history?
The all-time high price of 1 SHA in NGN is ₦249.52. It remains to be seen if the value of 1 SHA/NGN will exceed the current all-time high.
What is the price trend of Safe Haven in NGN?
Over the past 7 days, the exchange rate of Safe Haven (SHA) has gone up by 29.72%.   Over the last month, the exchange rate of Safe Haven (SHA) has gone down by 4.72% against Nigerian Naira (NGN).

What factors influence the conversion rate of SHA to NGN?

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