Convert Shen SHEN to Nigerian Naira NGN

SHEN to NGN: 1 Shen converts to NGN 453.33 NGN as of December 29 at 8:48 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 climbing this week. The current price of Shen is NGN 453.33 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 4,421,064.66 in the last 24 hours, which is a 60.20% decrease. Additionally, in the last day, NGN 7,343,785.95 worth of SHEN has been traded.

The exchange rate of Shen is increasing. The current value of 1 SHEN is NGN 453.33 NGN. In other words, to buy 5 Shen, it would cost you NGN 2,266.67 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.0022 SHEN while NGN 50.00 NGN would convert to 0.11 SHEN, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 2.32%. Meanwhile, in the last 24 hours, the rate has changed by 5.24%, and that the highest exchange rate of 1 SHEN to NGN was NGN 457.47 NGN and the lowest 24 hour value was 1 SHEN for NGN 425.17 NGN. Last month, 1 SHEN was worth NGN 577.89 NGN. Today, it's down 21.74%. Looking back a year, Shen has changed by NGN 1,590.69 NGN. That means that in a single year, the value of Shen has shrank by 69.63%.

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 453.33Price
NGN 0.00Market cap
NGN 7.34MVolume (24h)
0 SHENCir. Supply

Conversion tables

SHEN to NGN values from Today at 8:48 am

0.5 SHEN = NGN 226.67 NGN
1 SHEN = NGN 453.33 NGN
5 SHEN = NGN 2,266.67 NGN
10 SHEN = NGN 4,533.34 NGN
50 SHEN = NGN 22,666.68 NGN
100 SHEN = NGN 45,333.36 NGN
500 SHEN = NGN 226,666.81 NGN
1,000 SHEN = NGN 453,333.62 NGN

NGN to SHEN values from Today at 8:49 am

NGN 0.50 NGN = 0.0011 SHEN
NGN 1.00 NGN = 0.0022 SHEN
NGN 5.00 NGN = 0.0110 SHEN
NGN 10.00 NGN = 0.0221 SHEN
NGN 50.00 NGN = 0.11 SHEN
NGN 100.00 NGN = 0.22 SHEN
NGN 500.00 NGN = 1.10 SHEN
NGN 1,000.00 NGN = 2.21 SHEN

SHEN to NGN over time

SHEN
Today
24H
4.94%
1M
-27.48%
1Y
-250.89%
0.5 SHEN
NGN 226.67 NGN
NGN 215.47 NGN
NGN 288.95 NGN
NGN 795.34 NGN
1 SHEN
NGN 453.33 NGN
NGN 430.93 NGN
NGN 577.89 NGN
NGN 1,590.69 NGN
5 SHEN
NGN 2,266.67 NGN
NGN 2,154.65 NGN
NGN 2,889.46 NGN
NGN 7,953.43 NGN
10 SHEN
NGN 4,533.34 NGN
NGN 4,309.30 NGN
NGN 5,778.92 NGN
NGN 15,906.86 NGN
50 SHEN
NGN 22,666.68 NGN
NGN 21,546.50 NGN
NGN 28,894.60 NGN
NGN 79,534.28 NGN
100 SHEN
NGN 45,333.36 NGN
NGN 43,093.01 NGN
NGN 57,789.21 NGN
NGN 159,068.57 NGN
500 SHEN
NGN 226,666.81 NGN
NGN 215,465.03 NGN
NGN 288,946.03 NGN
NGN 795,342.85 NGN
1,000 SHEN
NGN 453,333.62 NGN
NGN 430,930.06 NGN
NGN 577,892.06 NGN
NGN 1,590,685.69 NGN

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