Convert Shen SHEN to Nigerian Naira NGN
SHEN to NGN: 1 Shen converts to NGN 1,323.41 NGN as of July 16 at 11:29 PM
Shen (SHEN) is not tradable on Coinbase.
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About Shen
Shen is climbing this week. The current price of Shen is NGN 1,323.41 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 risen by NGN 18,600,851.86 in the last 24 hours, which is a 36.49% increase. Additionally, in the last day, NGN 50,975,315.98 worth of SHEN has been traded.
The exchange rate of Shen is increasing. The current value of 1 SHEN is NGN 1,323.41 NGN. In other words, to buy 5 Shen, it would cost you NGN 6,617.03 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000756 SHEN while NGN 50.00 NGN would convert to 0.0378 SHEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 31.54%. Meanwhile, in the last 24 hours, the rate has changed by 5.71%, which means that the highest exchange rate of 1 SHEN to NGN was NGN 1,339.26 NGN and the lowest 24 hour value was 1 SHEN for NGN 1,229.94 NGN. Last month, 1 SHEN was worth NGN 1,092.82 NGN. Today, it's up 22.11%. Looking back a year, Shen has changed by NGN 788.95 NGN. That means that in a single year, the value of Shen has grown by 77.97%.
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.
Conversion tables
SHEN to NGN values from Today at 11:29 pm
0.5 SHEN = NGN 661.70 NGN |
1 SHEN = NGN 1,323.41 NGN |
5 SHEN = NGN 6,617.03 NGN |
10 SHEN = NGN 13,234.05 NGN |
50 SHEN = NGN 66,170.25 NGN |
100 SHEN = NGN 132,340.50 NGN |
500 SHEN = NGN 661,702.52 NGN |
1,000 SHEN = NGN 1,323,405.04 NGN |
NGN to SHEN values from Today at 11:29 pm
NGN 0.50 NGN = 0.000378 SHEN |
NGN 1.00 NGN = 0.000756 SHEN |
NGN 5.00 NGN = 0.0038 SHEN |
NGN 10.00 NGN = 0.0076 SHEN |
NGN 50.00 NGN = 0.0378 SHEN |
NGN 100.00 NGN = 0.0756 SHEN |
NGN 500.00 NGN = 0.38 SHEN |
NGN 1,000.00 NGN = 0.76 SHEN |
SHEN to NGN over time
SHEN | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 SHEN | NGN 661.70 NGN | NGN 625.35 NGN | NGN 546.41 NGN | NGN 394.48 NGN |
1 SHEN | NGN 1,323.41 NGN | NGN 1,250.69 NGN | NGN 1,092.82 NGN | NGN 788.95 NGN |
5 SHEN | NGN 6,617.03 NGN | NGN 6,253.47 NGN | NGN 5,464.08 NGN | NGN 3,944.75 NGN |
10 SHEN | NGN 13,234.05 NGN | NGN 12,506.95 NGN | NGN 10,928.15 NGN | NGN 7,889.51 NGN |
50 SHEN | NGN 66,170.25 NGN | NGN 62,534.73 NGN | NGN 54,640.77 NGN | NGN 39,447.54 NGN |
100 SHEN | NGN 132,340.50 NGN | NGN 125,069.45 NGN | NGN 109,281.55 NGN | NGN 78,895.09 NGN |
500 SHEN | NGN 661,702.52 NGN | NGN 625,347.27 NGN | NGN 546,407.74 NGN | NGN 394,475.43 NGN |
1,000 SHEN | NGN 1,323,405.04 NGN | NGN 1,250,694.55 NGN | NGN 1,092,815.47 NGN | NGN 788,950.87 NGN |
Frequently asked questions
How much is 1 Shen in NGN?
Right now, 1 Shen is worth about NGN 1,323.41.
How much SHEN could I buy for 1 NGN?
Based on the current rate, you could get 0.000756 SHEN for 1 NGN.
How much has the price of Shen changed?
Shen price has been on the rise. Since yesterday, the exchange rate of Shen has increased. Since last month, the exchange rate of Shen has increased. 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 0.0038 SHEN. Inversely, 5 SHEN will cost about NGN 6,617.03
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, Level Finance, and LYFE. For a more robust list of assets to explore, jump to the asset page dedicated to Shen.
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