IoTeX Network to Nigerian Naira Conversion Table

IOTX to NGN Conversion Table

  • 1 IOTX
    39.22 NGN
  • 2 IOTX
    78.44 NGN
  • 3 IOTX
    117.66 NGN
  • 4 IOTX
    156.88 NGN
  • 5 IOTX
    196.10 NGN
  • 6 IOTX
    235.32 NGN
  • 7 IOTX
    274.54 NGN
  • 8 IOTX
    313.76 NGN
  • 9 IOTX
    352.98 NGN
  • 10 IOTX
    392.19 NGN
  • 50 IOTX
    1,960.97 NGN
  • 100 IOTX
    3,921.95 NGN
  • 1,000 IOTX
    39,219.48 NGN
  • 5,000 IOTX
    196,097.42 NGN
  • 10,000 IOTX
    392,194.83 NGN

The table above displays real-time IoTeX Network to Nigerian Naira (IOTX to NGN) conversions across a range of values, from 1 IOTX to 10,000 IOTX. It provides a quick reference for commonly checked IOTX amounts using the latest NGN market rates. This is useful for estimating values from small transactions to large holdings. If you are looking for custom IOTX to NGN amounts, please use the tool converter above.

NGN to IOTX Conversion Table

  • 1 NGN
    0.02549 IOTX
  • 2 NGN
    0.05099 IOTX
  • 3 NGN
    0.07649 IOTX
  • 4 NGN
    0.1019 IOTX
  • 5 NGN
    0.1274 IOTX
  • 6 NGN
    0.1529 IOTX
  • 7 NGN
    0.1784 IOTX
  • 8 NGN
    0.2039 IOTX
  • 9 NGN
    0.2294 IOTX
  • 10 NGN
    0.2549 IOTX
  • 50 NGN
    1.274 IOTX
  • 100 NGN
    2.549 IOTX
  • 1,000 NGN
    25.49 IOTX
  • 5,000 NGN
    127.4 IOTX
  • 10,000 NGN
    254.9 IOTX

The table above shows real-time Nigerian Naira to IoTeX Network (NGN to IOTX) conversions across a range of amounts, from 1 NGN to 10,000 NGN. It serves as a quick reference to see how much IoTeX Network you can get at current rates based on commonly used NGN amounts. For custom values not listed, please use the converter above.

IoTeX Network Price and Market Statistics in Nigerian Naira

IoTeX Network (IOTX) is currently trading at ₦ 39.22 NGN , reflecting a -0.61% change over the past 24 hours. The 24-hour trading volume stands at ₦668.53M with a fully diluted market capitalization of ₦370.29B NGN. For a deeper look at live trends, charts, and historical data, visit our dedicated IoTeX Network Price page.

14.21T NGN

Circulation Supply

668.53M

24-Hour Trading Volume

370.29B NGN

Market Cap

-0.61%

Price Change (1D)

₦ 0.02731

24H High

₦ 0.02602

24H Low

The IOTX to NGN trend chart above shows the live price and historical movement of IoTeX Network against the British Pound. Tips: You can navigate between different timeframes, including 24 hours, 7 days, 30 days, and 90 days, and more. It helps users analyze short- and long-term trends, spot market patterns, and track IoTeX Network’s value fluctuations in NGN. This visual tool supports informed trading and investment decisions using real-time and historical price data. Check the current IoTeX Network price for more detailed live market data.

IOTX to NGN Conversion Summary

As of | 1 IOTX = 39.22 NGN | 1 NGN = 0.02549 IOTX

  • Today, the exchange rate for 1 IOTX to NGN is 39.22 NGN.

  • Buying 5 IOTX will cost 196.10 NGN and 10 IOTX is valued at 392.19 NGN.

  • 1 NGN can be traded for 0.02549 IOTX.

  • 50 NGN can be converted to 1.274 IOTX, excluding any platform or gas fees.

  • The conversion rate of 1 IOTX to NGN has changed by -6.30% in the last 7 days.

  • In the last 24 hours, the rate has fluctuated by -0.61%, reaching a high of 41.11647174785722 NGN and a low of 39.174316912458615 NGN.

  • One month ago, the value of 1 IOTX was 44.14261997975736 NGN, which represents a -11.16% change in its current value.

  • In the last 90 days, IOTX has changed by 7.377177281746626 NGN, resulting in a +23.16% change in its value.

All About IoTeX Network (IOTX)

Now that you have calculated the price of IoTeX Network (IOTX), you can learn more about IoTeX Network directly at MEXC. Learn about IOTX past, present, and future. Explore its highest ATH, how to buy IoTeX Network, trading pairs, and more.

IoTeX Network Price Forecast in NGN for 2026 and 2030

IoTeX Network’s price outlook is shaped by market demand, adoption trends, institutional involvement, and broader economic factors. Using a projected 5% annual growth rate, here are some potential IOTX to NGN forecasts for the coming years:

IOTX Price Prediction for 2026

By 2026, IoTeX Network could reach approximately ₦41.18 NGN, assuming consistent annual growth from the current price level.

IOTX Price Prediction for 2030

By 2030, IOTX may rise to around ₦50.06 NGN, following the same long-term growth model.

These estimates are hypothetical and intended as directional forecasts, not financial advice. For more insights, including short-term forecasts and long-term predictions up to 2040, visit our IoTeX Network Price Prediction page for detailed market outlooks and future scenarios.

IOTX Trading Pairs Available on MEXC

The table above shows a list of IOTX Spot trading pairs, covering markets where IoTeX Network is directly exchanged with major cryptocurrencies such as USDT, USDC, and more. Spot trading allows users to buy or sell IOTX at current market prices without using leverage.

IOTXUSDT
IOTXUSDTPerpetual
Trade

Explore IOTX Futures trading pairs from the most popular Perpetual Futures contracts that allow long and short positions. MEXC is a leading platform in crypto derivatives, offering up to 500x leverage, deep liquidity and a wide selection of IoTeX Network futures markets for strategic trading.

Learn How to Buy IoTeX Network

Looking to add IoTeX Network to your portfolio? Whether you are just getting started or looking to expand your holdings, MEXC makes it easy to buy crypto through credit card, bank transfer, peer-to-peer (P2P) markets, Spot trading, and various options.

Explore the full guide: How to Buy IoTeX Network › or Get started now ›

IOTX and NGN in USD Terms: Overview and Insights

IoTeX Network (IOTX) vs USD: Market Comparison

Why Do Crypto Prices Fluctuate?

Crypto markets are highly dynamic. Prices can move rapidly due to:
  • Market Sentiment: News, social media trends, or whale activity can trigger sharp moves.
  • Adoption & Utility: Updates to the network, usage growth, or partnerships can influence long-term value.
  • Macroeconomics: Inflation, interest rates, and the strength of the US dollar can affect crypto demand.
  • Regulatory Changes: Announcements from governments or financial authorities often move the market.

Why This Matters

If you are converting to or from IOTX, short-term price trends can impact how much you receive.
  • A rising price means your crypto is gaining value, which is good for sellers.
  • A falling price may offer a buying opportunity. However, it also carries risk.

USD: The Global Benchmark for Crypto Prices

Most cryptocurrencies, including IOTX, are priced in US dollars (USD) across global crypto exchanges, regardless of your local currency.

So whether you are converting to NGN, the USD price of IOTX remains the primary market benchmark.
[IOTX Price] [IOTX to USD]

Nigerian Naira (NGN) vs USD: Market Snapshot

Why Do Exchange Rates Fluctuate?

Exchange rates move due to supply and demand in the global market. Key drivers include:
  • Interest Rates: Central banks raising or lowering rates influence investor behavior.
  • Inflation: Lower inflation helps a currency hold its value.
  • Economic Indicators: Data like GDP growth, employment, and trade balance impact confidence.
  • Market Sentiment: News, policy changes, or political shifts can trigger rapid changes.

Why This Matters

Since IOTX is typically valued in USD, shifts in NGN vs USD affect the IOTX to NGN rate.
  • A stronger NGN means you will pay less to get the same amount of IOTX.
  • A weaker NGN means you will pay more, even if the crypto's USD price did not change.

Want to Take Advantage of the Current Rate?

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What Influences the IOTX to NGN Exchange Rate?

The exchange rate between IoTeX Network (IOTX) and Nigerian Naira (NGN) is influenced by a range of global and local factors. If you are interested to trade or invest in IOTX, understanding what drives this conversion can help you make more informed decisions.

    1. Market Sentiment and News

    Crypto markets are highly reactive to sentiment. Positive developments, such as major partnerships, increased adoption, or favorable media coverage-can drive up demand and increase the IOTX to NGN rate. On the flip side, negative press, security issues, or regulatory actions may result in price drops.

    2. Government Regulation and Legal Clarity

    The regulatory environment in both the cryptocurrency's key markets and NGN-issuing countries plays a major role. Supportive policies can increase confidence and adoption, pushing rates higher. On the other hand, restrictive or unclear regulations often introduce market uncertainty.

    3. NGN Currency Strength and Local Economic Indicators

    Traditional economic factors like interest rates, inflation, and GDP performance directly influence NGN's strength. When NGN weakens due to inflation or policy changes, investors may seek alternatives like IOTX, increasing demand and raising the exchange rate.

    4. Blockchain and Technology Developments

    For cryptocurrencies like IoTeX Network, improvements in technology such as network upgrades, scalability solutions, or ecosystem expansion-often lead to increased adoption and price growth. These changes can enhance investor confidence and influence exchange rates positively.

    5. Global Financial Events and Market Trends

    Macroeconomic trends such as global inflation fears, geopolitical tensions, or changes in interest rates by central banks can prompt a shift toward digital assets as a store of value. In uncertain times, demand for IOTX may rise, impacting its conversion to NGN.

Convert IOTX to NGN Instantly

Use our real-time IOTX to NGN converter to track the latest rates. Whether you are planning a trade or watching market trends, our tool offers up-to-the-minute pricing and historical charts to help you stay informed.

How to Convert IOTX to NGN?

  1. Enter the Amount of IOTX

    Start by entering how much IOTX you want to convert into NGN using our real-time converter. The system instantly calculates the value based on the latest market rate. You can also choose a different cryptocurrency or fiat currency if needed.

  2. Check the Live IOTX to NGN Rate

    See the most accurate and up-to-date IOTX to NGN exchange rate. To make smarter decisions, browse the rest of the page to learn what affects the conversion rate and explore more insights about IOTX and NGN.

  3. Convert or Get Started on MEXC

    Ready to add IOTX to your portfolio? Learn how to buy IOTX with our step-by-step beginner guide, or sign up on MEXC to start trading instantly. MEXC offers one of the largest selections of cryptocurrencies with competitive rates and low fees.

Frequently Asked Questions

  1. How is the IOTX to NGN exchange rate calculated?

    The IOTX to NGN exchange rate calculation is based on the current value of IOTX (often in USD or USDT), converted to NGN using institutional-grade FX rates. The rate reflects real-time market pricing pulled from deep global liquidity sources.

  2. Why does the IOTX to NGN rate change so frequently?

    IOTX to NGN rate changes so frequently because both IoTeX Network and Nigerian Naira are constantly influenced by global news, supply/demand, and market activity. Thus, their prices can shift every few seconds, especially during periods of high volatility.

  3. What's the difference between the displayed rate and what I actually receive when converting?

    The displayed IOTX to NGN rate is real-time and reflects market conditions. However, actual conversion rates may vary slightly due to slippage, network delays, or platform spreads at the moment of execution.

  4. Can the IOTX to NGN rate vary between exchanges?

    Yes. Pricing differences can occur due to variations in trading volume, liquidity, regional demand, and fee structures across platforms.

  5. Why might the IOTX to NGN rate be higher or lower today compared to yesterday?

    Rates can change due to a range of factors. It includes macroeconomic news, investor sentiment, central bank announcements, inflation reports, or crypto-specific developments like protocol upgrades or ETF approvals.

  6. Is now a good time to convert IOTX to NGN or should I wait?

    There is no guaranteed “right” time. Check price trends, look at historical data, and consider both global economic factors and market sentiment to inform your decision.

  7. What tools can help me time my IOTX to NGN conversion better?

    Live charts, moving averages, volume trends, RSI, and market news all provide useful signals. Some users also set price alerts to act at key thresholds.

  8. How can I understand the trend of IOTX against NGN over time?

    You can understand the IOTX against NGN price trend by using the interactive chart on this page to compare historical pricing, spot trends, and identify past volatility zones.

  9. Does news or regulation in the UK affect the IOTX to NGN rate?

    Yes. Local regulation, inflation data, interest rate changes, or geopolitical events can strengthen or weaken NGN, impacting the conversion rate even if IOTX stays flat.

  10. What crypto-specific events can influence the IOTX to NGN exchange rate?

    IoTeX Network halvings, Ethereum upgrades, whale movements, ETF approvals, and exchange listings often drive price spikes or drops, which directly affect the IOTX to NGN rate.

  11. Can I compare the IOTX to NGN rate with other currencies?

    Yes. Our converter allows you to switch easily between other fiat currencies or cryptocurrencies to find the most favorable conversion rates.

  12. How do I know if the IOTX to NGN rate is fair?

    Simply check the rate against major market indexes or on multiple exchanges. Our converter pulls from real-time, aggregated data to ensure competitive pricing.

  13. What is the best way to monitor the IOTX to NGN rate over the day?

    Bookmark this page or the IoTeX Network price page, and use the live price chart to track intra-day movements and spot potential entry points.

  14. Is the IOTX to NGN conversion rate affected by weekends or holidays?

    Yes, crypto trades 24/7, but NGN markets and liquidity can slow on weekends or holidays. This could potentially widen spreads or reduce price stability.

  15. Can I set a target IOTX to NGN price and convert when it hits?

    While the converter doesn't execute trades, you can set alerts or use limit orders on MEXC's trading platform to automate execution based on price targets.

  16. Where can I learn more about what influences IoTeX Network and the Nigerian Naira?

    You may browse through the page above for in-depth content on macro factors, market drivers, and historical performance insights for both IoTeX Network and the British Pound.

  17. What is the difference between converting IOTX to NGN and trading it?

    Converting is a 1:1 value check. It means that you are converting your NGN into IOTX of equal value. Meanwhile, trading involves buying/selling on the open market, often with more control (and risk) through tools like limit orders and leverage.

  18. Is IOTX to NGN a common reference for crypto investors?

    Most investors track IOTX prices in USD or stablecoins like USDT, as they are the global benchmarks. However, IOTX to NGN is useful for UK-based users who want to calculate real-world value, hedge against fiat changes, or plan regional cash-outs.

  19. What happens to the IOTX to NGN rate during major economic events?

    During inflation reports, rate hikes, or crises, fiat volatility increases, it may either weaken or strengthen NGN against crypto, depending on global investor response.

  20. How does MEXC ensure accurate and competitive IOTX to NGN rates?

    MEXC aggregates rates from deep global liquidity pools, applies low spreads, and updates pricing in real time to reflect live market conditions, ensuring fairness and transparency.

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Disclaimer

Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.