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Convert Shen SHEN to Nigerian Naira NGN

SHEN to NGN: 1 Shen converts to NGN 1,075.96 NGN as of June 13 at 10:26 AM

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

NGN

About Shen

Shen is falling this week. The current price of Shen is NGN 1,075.96 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 95,104.68 in the last 24 hours, which is a 99.65% decrease. Additionally, in the last day, NGN 95,441.65 worth of SHEN has been traded.

The exchange rate of Shen is decreasing. The current value of 1 SHEN is NGN 1,075.96 NGN. In other words, to buy 5 Shen, it would cost you NGN 5,379.78 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000929 SHEN while NGN 50.00 NGN would convert to 0.0465 SHEN, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.33%. Meanwhile, in the last 24 hours, the rate has changed by 7.13%, which means that the highest exchange rate of 1 SHEN to NGN was NGN 1,159.64 NGN and the lowest 24 hour value was 1 SHEN for NGN 1,065.02 NGN. Last month, 1 SHEN was worth NGN 1,434.04 NGN. Today, it's down 22.31%. Looking back a year, Shen has changed by NGN 669.68 NGN. That means that in a single year, the value of Shen has grown by 55.09%.

Shen Market Stats

## 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.

NGN 1,075.96Current price
NGN 0.00Market cap
NGN 95.44KVolume (24h)
0 SHENCir. Supply

Conversion tables

SHEN to NGN values from Today at 10:26 am

0.5 SHEN = NGN 537.98 NGN
1 SHEN = NGN 1,075.96 NGN
5 SHEN = NGN 5,379.78 NGN
10 SHEN = NGN 10,759.56 NGN
50 SHEN = NGN 53,797.82 NGN
100 SHEN = NGN 107,595.64 NGN
500 SHEN = NGN 537,978.18 NGN
1,000 SHEN = NGN 1,075,956.36 NGN

NGN to SHEN values from Today at 10:27 am

0.5 NGN = 0.000465 SHEN
1 NGN = 0.000929 SHEN
5 NGN = 0.0046 SHEN
10 NGN = 0.0093 SHEN
50 NGN = 0.0465 SHEN
100 NGN = 0.0929 SHEN
500 NGN = 0.46 SHEN
1,000 NGN = 0.93 SHEN

SHEN to NGN over time

SHEN
Today
24H
-7.13%
1M
-33.28%
1Y
37.76%
0.5 SHEN
NGN 537.98 NGN
NGN 576.33 NGN
NGN 717.02 NGN
NGN 334.84 NGN
1 SHEN
NGN 1,075.96 NGN
NGN 1,152.66 NGN
NGN 1,434.04 NGN
NGN 669.68 NGN
5 SHEN
NGN 5,379.78 NGN
NGN 5,763.28 NGN
NGN 7,170.22 NGN
NGN 3,348.38 NGN
10 SHEN
NGN 10,759.56 NGN
NGN 11,526.56 NGN
NGN 14,340.43 NGN
NGN 6,696.76 NGN
50 SHEN
NGN 53,797.82 NGN
NGN 57,632.81 NGN
NGN 71,702.17 NGN
NGN 33,483.79 NGN
100 SHEN
NGN 107,595.64 NGN
NGN 115,265.63 NGN
NGN 143,404.35 NGN
NGN 66,967.59 NGN
500 SHEN
NGN 537,978.18 NGN
NGN 576,328.13 NGN
NGN 717,021.75 NGN
NGN 334,837.94 NGN
1,000 SHEN
NGN 1,075,956.36 NGN
NGN 1,152,656.25 NGN
NGN 1,434,043.49 NGN
NGN 669,675.89 NGN

Frequently asked questions

How much is 1 Shen in NGN?

Right now, 1 Shen is worth about NGN 1,075.96.

How much SHEN could I buy for 1 NGN?

Based on the current rate, you could get 0.000929 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 0.0046 SHEN. Inversely, 5 SHEN will cost about NGN 5,379.78

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 MOBIX, Kabosu Inu, and Level Finance. For a more robust list of assets to explore, jump to the asset page dedicated to Shen.

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