Convert and Swap Shen SHEN to Nigerian Naira NGN
SHEN/NGN: 1 Shen equals NGN 1,050.27 NGN
Shen (SHEN) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Last update: 12:20 AM, April 21, 2025
Refresh
Shen market latest
Shen is falling this week.
The current price of Shen is NGN 1,050.27 per SHEN. With a circulating supply of 0 SHEN, it means that Shen has a total market cap of NGN 0.00. The amount of Shen traded has fallen by NGN 1,303,745.04 in the last 24 hours, which is a 61.70% decrease. Additionally, in the last day, NGN 2,112,893.39 worth of SHEN has been traded.
About Shen
## What are Reserve Coins? In simple terms, Reserve Coins are digital tokens that maintain the algorithmic peg of stablecoins. By trading Reserve Coins, users can contribute to the stablecoin mechanism by providing the appropriate liquidity to maintain a sufficient peg ratio. By utilizing a reserve, base fees can be charged, collected, and pooled for transactions facilitated by the underlying stablecoin. Reserve Coin holders then get a share of this transaction pool as an incentive for their participation in maintaining the stablecoin peg ratio. Before the launch of Djed, we will be implementing a Reserve Coin that will serve this function of maintaining Djed’s peg and liquidity stability. We have provided some details on this below. ## What is Shen (SHEN)? Continuing with the ancient Egyptian theme, we picked Shen as the name for Djed’s Reserve Coin. The Shen is a symbol of both royalty and symmetry. It has a deep connection with infinity, eternity, protection, and completeness given its circularity. During our brainstorming sessions, we found this name to convey the characteristics and properties of Djed’s Reserve Coin appropriately. By buying and selling Shen, users are able to maintain Djed’s USD currency peg while earning a share of transaction fees in the reserve pool. Since the Reserve Coin is a tradable asset, holders can also profit from the short-mid term price fluctuations as an added incentive. We look forward to providing more information as we approach the official launch.
Frequently asked questions
How much is 1 Shen in NGN?
Right now, 1 Shen is worth about NGN 1,050.27.
How much SHEN could I buy for 1 NGN?
Based on the current rate, you could get 0.000952 SHEN for 1 NGN.
How much has the price of Shen changed?
Shen price has been declining. Since yesterday, the exchange rate of Shen has decreased. Since last month, the exchange rate of Shen has decreased. Since this time last year, the price of Shen has increased.
How do I calculate or convert SHEN to NGN?
You can use our SHEN to NGN calculator at the top of this page to convert any amount of SHEN to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.0048 SHEN. Inversely, 5 SHEN will cost about NGN 5,251.36
How can I buy 1 Shen on Coinbase?
Shen is not currently available through Coinbase, but you can sign up to get the latest news on Shen and be notified when it is available.
What are assets similar to Shen that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Shen, including Kabosu Inu, Web3Camp, and LYFE. For a more robust list of assets to explore, jump to the asset page dedicated to Shen.
Browse related conversions
Popular Shen conversions
A selection of other popular currency conversions of Shen to various fiat currencies.
SHEN to Nigerian Naira conversion tables
The exchange rate of Shen is decreasing.
The current value of 1 SHEN is NGN 1,050.27 NGN. In other words, to buy 5 Shen, it would cost you NGN 5,251.36 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000952 SHEN while NGN 50.00 NGN would convert to 0.047607 SHEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.74%. Meanwhile, in the last 24 hours, the rate has changed by 2.13%, and that the the highest exchange rate of 1 SHEN to Nigerian Naira was NGN 1,097.37 NGN and the lowest 24 hour value was 1 SHEN for NGN 995.22 NGN. This time last month, the value of 1 SHEN was NGN 1,251.64 NGN, which is a 18.8% increase from where it is now. Looking back a year, Shen has changed by NGN 622.27 NGN.
SHEN to NGN performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
NGN 1,094.42 NGN | -2.13% | NGN 1,137.10 NGN | -6.74% | NGN 1,251.64 NGN | -18.80% | NGN 622.27 NGN | 11.43% |
SHEN to NGN
Amount | Today at 12:20 am |
|---|---|
0.5 SHEN | NGN 525.14 |
1 SHEN | NGN 1,050.27 |
5 SHEN | NGN 5,251.36 |
10 SHEN | NGN 10,502.71 |
50 SHEN | NGN 52,513.57 |
100 SHEN | NGN 105,027.13 |
500 SHEN | NGN 525,135.65 |
1,000 SHEN | NGN 1,050,271.30 |
NGN to SHEN
Amount | Today at 12:20 am |
|---|---|
0.5 NGN | 0.000476 SHEN |
1 NGN | 0.000952 SHEN |
5 NGN | 0.0048 SHEN |
10 NGN | 0.0095 SHEN |
50 NGN | 0.0476 SHEN |
100 NGN | 0.0952 SHEN |
500 NGN | 0.48 SHEN |
1,000 NGN | 0.95 SHEN |
Today vs. 24 hours ago
Amount | Today at 12:20 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SHEN | NGN 525.14 | NGN 536.55 | -2.13% |
1 SHEN | NGN 1,050.27 | NGN 1,073.11 | -2.13% |
5 SHEN | NGN 5,251.36 | NGN 5,365.53 | -2.13% |
10 SHEN | NGN 10,502.71 | NGN 10,731.06 | -2.13% |
50 SHEN | NGN 52,513.57 | NGN 53,655.32 | -2.13% |
100 SHEN | NGN 105,027.13 | NGN 107,310.63 | -2.13% |
500 SHEN | NGN 525,135.65 | NGN 536,553.16 | -2.13% |
1,000 SHEN | NGN 1,050,271.30 | NGN 1,073,106.33 | -2.13% |
Today vs. 1 month ago
Amount | Today at 12:20 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SHEN | NGN 525.14 | NGN 646.68 | -18.80% |
1 SHEN | NGN 1,050.27 | NGN 1,293.37 | -18.80% |
5 SHEN | NGN 5,251.36 | NGN 6,466.83 | -18.80% |
10 SHEN | NGN 10,502.71 | NGN 12,933.67 | -18.80% |
50 SHEN | NGN 52,513.57 | NGN 64,668.34 | -18.80% |
100 SHEN | NGN 105,027.13 | NGN 129,336.68 | -18.80% |
500 SHEN | NGN 525,135.65 | NGN 646,683.42 | -18.80% |
1,000 SHEN | NGN 1,050,271.30 | NGN 1,293,366.84 | -18.80% |
Today vs. 1 year ago
Amount | Today at 12:20 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SHEN | NGN 525.14 | NGN 471.29 | +11.43% |
1 SHEN | NGN 1,050.27 | NGN 942.57 | +11.43% |
5 SHEN | NGN 5,251.36 | NGN 4,712.86 | +11.43% |
10 SHEN | NGN 10,502.71 | NGN 9,425.71 | +11.43% |
50 SHEN | NGN 52,513.57 | NGN 47,128.57 | +11.43% |
100 SHEN | NGN 105,027.13 | NGN 94,257.15 | +11.43% |
500 SHEN | NGN 525,135.65 | NGN 471,285.74 | +11.43% |
1,000 SHEN | NGN 1,050,271.30 | NGN 942,571.48 | +11.43% |
Discover assets similar to Shen
Top trading volume
Browse the assets with the highest trading volume in the past 24H on Coinbase.
Buy other crypto
A selection of guides on how to buy some of the top 50 assets by market capitalization.
Explore more conversions
Advanced asset conversions
A selection of relevant cryptocurrencies you might be interested in based on your interest in Bitcoin.
More currency conversions
A selection of conversions for different assets and currencies.
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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 Coinbase 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 Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.