The Ice Open Network (ICE) is gaining attention among digital asset users in Nigeria as more individuals seek accessible and efficient ways to convert cryptocurrencies into local fiat currency. With the current ICE to NGN exchange rate sitting at approximately NGN8.66, understanding the value dynamics, historical trends, and conversion options has become essential for traders, investors, and crypto enthusiasts.
Whether you're looking to convert a small amount for daily transactions or analyzing long-term investment potential, this guide provides accurate, up-to-date insights into the ICE-NGN pairing, including real-time data, price history, and practical conversion tools.
Understanding the Current ICE to NGN Exchange Rate
As of today, 1 Ice Open Network (ICE) is valued at NGN8.66. The price has seen a slight decline of 0.18% over the past 24 hours, reflecting minor market corrections. Over the last 30 days, ICE has decreased by 5.81% against the Nigerian Naira, indicating a bearish trend in recent weeks.
Despite these fluctuations, ICE remains a relevant digital asset for users exploring decentralized networks and alternative financial ecosystems. The converter updates in real time, ensuring that every transaction or valuation you perform reflects the most accurate market conditions.
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ICE to NGN Price History: Weekly Trends (June 26 – July 2, 2025)
Tracking historical performance helps identify patterns and make informed decisions. Below is a summary of the ICE/NGN exchange rate over the past week:
- July 2, 2025: NGN8.67 (+0.85%)
- July 1, 2025: NGN8.60 (-0.02%)
- June 30, 2025: NGN8.60 (-1.25%)
- June 29, 2025: NGN8.71 (+6.46%)
- June 28, 2025: NGN8.18 (+2.26%)
- June 27, 2025: NGN8.00 (-1.81%)
- June 26, 2025: NGN8.14 (-5.28%)
Notably, June 29 saw a significant spike of over 6%, suggesting increased buying pressure or short-term market optimism. However, the price stabilized in the following days with minor volatility. This kind of movement highlights the importance of timing when entering or exiting positions.
Real-Time ICE to NGN Conversion Table
Use the following table to quickly calculate how much Nigerian Naira you’ll receive when converting various amounts of Ice Open Network:
ICE to NGN Conversion Rates
- 0.5 ICE = NGN4.33
- 1 ICE = NGN8.66
- 5 ICE = NGN43.30
- 10 ICE = NGN86.60
- 50 ICE = NGN432.98
- 100 ICE = NGN865.97
- 500 ICE = NGN4,329.84
- 1,000 ICE = NGN8,659.69
These values are updated live and reflect the current market rate as of 06:46 AM UTC.
NGN to ICE Conversion Rates
Want to know how much ICE you can get for your Naira? Here’s the reverse conversion:
- NGN0.50 = 0.05774 ICE
- NGN1 = 0.1155 ICE
- NGN5 = 0.5774 ICE
- NGN10 = 1.15 ICE
- NGN50 = 5.77 ICE
- NGN100 = 11.55 ICE
- NGN500 = 57.74 ICE
- NGN1,000 = 115.48 ICE
This bidirectional insight empowers users to plan purchases, track holdings, or evaluate returns with precision.
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All-Time High and Market Performance
While today’s rate sits around NGN8.66, it's important to note that Ice Open Network previously reached an all-time high of NGN480.17 on January 20, 2024. This dramatic drop from its peak underscores the volatile nature of many emerging cryptocurrencies.
Such volatility presents both risks and opportunities:
- Investors who bought near the top may be holding at a loss.
- New entrants may view the current price as an entry point if they believe in long-term recovery.
Market sentiment, network developments, and broader crypto trends will play crucial roles in determining whether ICE regains upward momentum.
Frequently Asked Questions (FAQs)
What is the current price of 1 Ice Open Network in Nigerian Naira?
The current price of 1 Ice Open Network (ICE) is approximately NGN8.66 against the Nigerian Naira.
How much ICE can I buy with NGN1?
With NGN1, you can purchase about 0.1155 ICE based on today’s exchange rate.
When did ICE reach its highest value against NGN?
Ice Open Network hit its all-time high on January 20, 2024, when 1 ICE was worth NGN480.17.
Has the value of ICE increased or decreased recently?
Over the past month, the value of ICE has decreased by 5.8% against the Nigerian Naira, indicating a downward trend.
Is Ice Open Network widely accepted in Nigeria?
While not as mainstream as Bitcoin or USDT, Ice Open Network is accessible through select crypto platforms and can be converted to Naira via supported exchanges.
Can I convert ICE to cash in Nigeria?
Yes, you can convert ICE to Nigerian Naira through cryptocurrency exchanges that support the ICE/NGN trading pair or allow withdrawals in fiat currency.
Why Monitor ICE-NGN Trends?
For Nigerian users navigating inflation challenges and currency devaluation, digital assets like Ice Open Network offer alternative value storage and transfer mechanisms. Monitoring the ICE to NGN rate allows individuals to:
- Time their trades effectively
- Hedge against local currency instability
- Participate in decentralized finance (DeFi) ecosystems
Additionally, real-time data enhances transparency and trust—critical factors in a rapidly evolving digital economy.
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Final Thoughts
The Ice Open Network (ICE) may not dominate headlines like larger cryptocurrencies, but it continues to serve niche communities interested in open financial systems. With a current exchange rate of NGN8.66 per ICE, users have access to real-time conversion tools and historical insights that support informed decision-making.
Whether you're assessing short-term trades or long-term holdings, staying updated on ICE/NGN price movements, market trends, and conversion options ensures you remain in control of your digital finances.
As always, conduct thorough research and consider market conditions before investing in any cryptocurrency.
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