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MetaTrace to Nigerian Naira Converter and calculator

Convert 1MetaTrace (TRC) to Nigerian Naira (NGN) equals ₦ 2.72 | Bitget
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Last updated as of 2025/02/19 09:32:25 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of MetaTrace(TRC) to Nigerian Naira(NGN). This is the real-time data. The current conversion shows 1 TRC at a value of 1 TRC for 2.72 NGN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NGN 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.

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Bitget crypto-to-fiat exchange data shows that the most popular MetaTrace currency pair is the TRC to NGN, with for MetaTrace's currency code being TRC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

TRC to NGN conversion rate trend

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Live MetaTrace (TRC) price chart
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In the past 1D, MetaTrace has changed -5.69% to NGN. Based on the trend and price charts, MetaTrace(TRC) has changed -5.69% to NGN while Nigerian Naira(NGN) has changed +6.03% to TRC in the last 24 hours.

How to buy MetaTrace

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Buy MetaTrace (TRC)
Use a variety of payment options to buy MetaTrace on Bitget. We'll show you how.

Buy TRC (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading does not currently support direct buying of TRC with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy TRC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
C
CRIPTOBOME
1 tradesCompletion rate 100.00%
4025 COP
Amount5 USDT
Limit19000 - 20125 COP
Nequi
Buy
I
Inv. DanTo ROHI
6 tradesCompletion rate 100.00%
4015.02 COP
Amount300 USDT
Limit19000 - 81000 COP
Bank TransferBancolombiaNequi
Buy
S
StevenMercho
29 tradesCompletion rate 100.00%
4015 COP
Amount984.22 USDT
Limit50000 - 2000000 COP
Bank TransferUala
Buy
O
Otraparte
0 tradesCompletion rate 0.00%
4013 COP
Amount100 USDT
Limit19000 - 401300 COP
Nequi
Buy
y
yeison13
57 tradesCompletion rate 93.00%
4006 COP
Amount662.4 USDT
Limit19000 - 100000 COP
NequiDaviplata
Buy

Sell TRC (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading currently does not support direct selling of TRC to NGN. However, you can first exchange TRC for USDT in the Bitget spot market, and then sell USDT to NGN in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
C
CRIPTOBOME
1 tradesCompletion rate 100.00%
4025 COP
Amount5 USDT
Limit19000 - 20125 COP
Nequi
Sell
I
Inv. DanTo ROHI
6 tradesCompletion rate 100.00%
4015.02 COP
Amount300 USDT
Limit19000 - 81000 COP
Bank TransferBancolombiaNequi
Sell
S
StevenMercho
29 tradesCompletion rate 100.00%
4015 COP
Amount984.22 USDT
Limit50000 - 2000000 COP
Bank TransferUala
Sell
O
Otraparte
0 tradesCompletion rate 0.00%
4013 COP
Amount100 USDT
Limit19000 - 401300 COP
Nequi
Sell
y
yeison13
57 tradesCompletion rate 93.00%
4006 COP
Amount662.4 USDT
Limit19000 - 100000 COP
NequiDaviplata
Sell

What factors influence the conversion rate of MetaTrace to Nigerian Naira?

MetaTrace to Nigerian Naira is falling this week.
MetaTrace's current market price is ₦ 2.72 per TRC, with a total market cap of ₦ 971,630,076.34 NGN based on a circulating supply of 357,849,600 TRC. The trading volume of MetaTrace has changed by -58.31% (₦ -118,762,670.61 NGN) in the last 24 hours. Last trading day, TRC's trading volume was ₦ 203,681,954.94.
Market cap
$645.10K
24h volume
$56.38K
Circulating supply
357.85M TRC
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Conversion tables

The exchange rate of MetaTrace is decreasing.
1 TRC is currently valued at ₦ 2.72 NGN , which means buying 5 TRC will cost ₦ 13.58 NGN . Similarly, ₦1 NGN can be traded for 0.3683 TRC, and ₦50 NGN can be converted to 18.41 TRC, excluding any platform or gas fees.
The exchange rate of 1 TRC to Nigerian Naira has changed by -57.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.69%, reaching a high of 4.07 NGN and a low of 2.72 NGN . One month ago, the value of 1 TRC was ₦ 12.77 NGN , which represents a -78.73% change from its current value. Over the last year, MetaTrace has changed by
-
99.49NGN
, resulting in a change of -97.34% in its value.

TRC to NGN

Amount
09:32 am today
0.5 TRC
1.36
1 TRC
2.72
5 TRC
13.58
10 TRC
27.15
50 TRC
135.76
100 TRC
271.52
500 TRC
1,357.6
1000 TRC
2,715.19

NGN to TRC

Amount09:32 am today
0.5NGN0.1841  TRC
1NGN0.3683  TRC
5NGN1.84  TRC
10NGN3.68  TRC
50NGN18.41  TRC
100NGN36.83  TRC
500NGN184.15  TRC
1000NGN368.3  TRC

Today vs. 24 hours ago

Amount09:32 am today24 hours ago24h change
0.5 TRC$0.0009014$0.0009557
-5.69%
1 TRC$0.001803$0.001911
-5.69%
5 TRC$0.009014$0.009557
-5.69%
10 TRC$0.01803$0.01911
-5.69%
50 TRC$0.09014$0.09557
-5.69%
100 TRC$0.1803$0.1911
-5.69%
500 TRC$0.9014$0.9557
-5.69%
1000 TRC$1.8$1.91
-5.69%

Today vs. 1 month ago

Amount09:32 am today1 month ago1M change
0.5 TRC$0.0009014$0.004238
-78.73%
1 TRC$0.001803$0.008476
-78.73%
5 TRC$0.009014$0.04238
-78.73%
10 TRC$0.01803$0.08476
-78.73%
50 TRC$0.09014$0.4238
-78.73%
100 TRC$0.1803$0.8476
-78.73%
500 TRC$0.9014$4.24
-78.73%
1000 TRC$1.8$8.48
-78.73%

Today vs. 1 year ago

Amount09:32 am today1 year ago1Y change
0.5 TRC$0.0009014$0.03393
-97.34%
1 TRC$0.001803$0.06786
-97.34%
5 TRC$0.009014$0.3393
-97.34%
10 TRC$0.01803$0.6786
-97.34%
50 TRC$0.09014$3.39
-97.34%
100 TRC$0.1803$6.79
-97.34%
500 TRC$0.9014$33.93
-97.34%
1000 TRC$1.8$67.86
-97.34%
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MetaTrace price prediction

What will the price of TRC be in 2026?

Based on TRC's historical price performance prediction model, the price of TRC is projected to reach $0.002580 in 2026.

What will the price of TRC be in 2031?

In 2031, the TRC price is expected to change by +31.00%. By the end of 2031, the TRC price is projected to reach $0.005636, with a cumulative ROI of +198.41%.
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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.