The current exchange rate for 1 Bitcoin (BTC) to Nigerian Naira (NGN) is β¦165,783,871.54 (source: Open Exchange Rates). Compared to yesterday, the rate increased by 2.24% (+β¦3,720,505.42).
π Track real-time BTC/NGN fluctuations
π Historical BTC/NGN Exchange Rate Trends
Weekly Dynamics (Past 7 Days)
| Date | Day | 1 BTC to NGN | Change (NGN) | Change (%) |
|--------------|----------|----------------------|----------------|------------|
| June 26, 2025 | Thursday | β¦165,177,968.36 | -β¦1,260,722.64 | -0.76% |
| June 27, 2025 | Friday | β¦165,423,584.10 | +β¦245,615.73 | +0.15% |
| June 28, 2025 | Saturday | β¦165,828,272.88 | +β¦404,688.78 | +0.24% |
| June 29, 2025 | Sunday | β¦166,864,924.20 | +β¦1,036,651.32 | +0.62% |
| June 30, 2025 | Monday | β¦164,750,219.14 | -β¦2,114,705.06 | -1.28% |
| July 1, 2025 | Tuesday | β¦162,063,366.12 | -β¦2,686,853.02 | -1.66% |
| July 2, 2025 | Wednesday | β¦165,783,871.54 | +β¦3,720,505.42 | +2.24% |
Net 7-day increase: +β¦605,903.18
Monthly & Yearly Trends
- 30-day change: Decreased by β¦1,612,090.60 (-0.97%).
- 1-year change: Increased by β¦72,473,629.78 (+43.72%).
π Key Insights
- Volatility: BTC/NGN rates fluctuate daily, with swings up to 2.24% in 24 hours.
- Long-term Growth: Despite short-term dips, Bitcoin has gained 43.72% against NGN year-over-year.
- Weekly Peaks: Highest rate this week was β¦166,864,924.20 (June 29).
π Explore BTC investment strategies
β Frequently Asked Questions
1. How often does the BTC/NGN rate update?
- Rates update in real-time but may vary slightly across platforms due to market liquidity.
2. What drives Bitcoinβs price against NGN?
- Factors include global crypto demand, Nigerian inflation rates, and regulatory news.
3. Is now a good time to buy Bitcoin in Nigeria?
- Analyze trends using the chart above and consult financial advisors for personalized advice.
4. Can I convert BTC to NGN instantly?
- Yes, through exchanges like OKX or peer-to-peer platforms (fees may apply).
5. How do taxes affect Bitcoin conversions in Nigeria?
- Nigeria currently has no capital gains tax on cryptocurrencies, but regulations may evolve.
π Comparative Analysis
Use historical tables to:
- Spot patterns (e.g., weekend dips).
- Compare with global BTC/USD trends.
- Plan conversions during high-liquidity periods (weekdays).
Data accuracy verified as of July 2, 2025. For live rates, visit linked sources.
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