Convert New Zealand Dollar NZD to Convertible JPY Token CJPY
1 NZD converts to 137.43 CJPY
About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is NZ$0.007277 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of NZ$1,546,512.02. The amount of Convertible JPY Token traded has risen by NZ$122.06 in the last 24 hours, which is a 21.37% increase. Additionally, in the last day, NZ$571.21 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is NZ$0.007277 NZD. In other words, to buy 5 Convertible JPY Token, it would cost you NZ$0.036383 NZD. Inversely, NZ$1.00 NZD would allow you to trade for 137.43 CJPY while NZ$50.00 NZD would convert to 6,871.31 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.6%. Meanwhile, in the last 24 hours, the rate has changed by 0.21%, which means that the highest exchange rate of 1 CJPY to NZD was NZ$0.007286 NZD and the lowest 24 hour value was 1 CJPY for NZ$0.007215 NZD. Last month, 1 CJPY was worth NZ$0.008092 NZD. Today, it's down 11.64%. Looking back a year, Convertible JPY Token has changed by NZ$0.01003 NZD. That means that in a single year, the value of Convertible JPY Token has shrank by 29.7%.
Convertible JPY Token Market Stats
What is the project about? CJPY represents a collateral debt position issued on Yamato Protocol, a decentralized and non-custodial platform on Ethereum developed by DeFiGeek Community Japan. CJPY serves as an ETH overcollateralized stablecoin designed to maintain a peg to the Japanese Yen. In the future, the Yamato protocol will expand to encompass various tokens as collateral, and a diverse range of fiat stablecoins will be introduced, initially including USD and EUR pegs. What makes your project unique? Yamato Protocol distinguishes itself through 5 attributes as a decentralized and non-custodial crypto overcollateralized stablecoin: 1. High Collateral Factor: The protocol permits a minimum health rate of 130%, ensuring efficient use of collateral. 2. Absence of Accrued Interest: Users are subject solely to a one-time issuance fee upon generating CJPY. 3. Non-Forced Liquidation: No penalty for liquidation. Debt positions with health rates below 130% can be redeemed by any users via CJPY acquired from the market. 4. Redemption by protocol: Accrued CJPY fees on protocol can be used to redeem debt position under threshold. 5. Subrogation Mechanism: The protocol employs the accumulated CJPY fees to subrogate debt positions falling below the 100% health rate threshold. History of your project. January 2021: The DeFiGeek Community Japan embarked on the development of Yamato Protocol, a decentralized and non-custodial crypto overcollateralized stablecoin pegged to JPY. The community has functioned with an inclusive approach, welcoming all developers and contributors who are eager to take part in the enhancement of DeFi applications and tools that drive the advancement of Web3 technology. Milestones of Yamato Protocol: November 2021: The alpha testing phase commenced on the Rinkeby testnet. January 2022: The beta testing phase debuted on the Rinkeby testnet. May 2022: The second beta testing phase transpired on the Rinkeby testnet. June 2023: Successful completion of the initial audit. July 2023: Launch of version 1 on the Ethereum mainnet. What’s next for your project? At present, Yamato Protocol stands at version 1.0 without a utility token. Anticipated milestones include: Version 1.5 (2023): Introduction of the DAO utility token and the implementation of ve(vote-escrowed) governance. Version 2.0 (Late 2023): Enabling issuance of additional stablecoins like CEUR (convertible EUR) and CUSD (convertible USD). What can your token be used for? CJPY represents a decentralized JPY-pegged token on the Ethereum blockchain, offering versatility to users and other protocols. Its anticipated adoption spans various DeFi Dapps, encompassing DEX and lending protocols. Given its decentralized and non-custodial nature, CJPY holds the potential for widespread adoption as a payment medium within the Japanese crypto business ecosystem.
Conversion tables
NZD to CJPY values from Today at
NZ$0.50 NZD = 68.71 CJPY |
NZ$1.00 NZD = 137.43 CJPY |
NZ$5.00 NZD = 687.13 CJPY |
NZ$10.00 NZD = 1,374.26 CJPY |
NZ$50.00 NZD = 6,871.31 CJPY |
NZ$100.00 NZD = 13,742.62 CJPY |
NZ$500.00 NZD = 68,713.08 CJPY |
NZ$1,000.00 NZD = 137,426.16 CJPY |
CJPY to NZD values from Today at 6:40 pm
0.5 CJPY = NZ$0.003638 NZD |
1 CJPY = NZ$0.007277 NZD |
5 CJPY = NZ$0.03638 NZD |
10 CJPY = NZ$0.07277 NZD |
50 CJPY = NZ$0.3638 NZD |
100 CJPY = NZ$0.7277 NZD |
500 CJPY = NZ$3.64 NZD |
1,000 CJPY = NZ$7.28 NZD |
NZD to CJPY over time
NZD | Today | 24H -13,764.68% | 1M -12,357.36% | 1Y -9,972.54% |
|---|---|---|---|---|
0.5 NZD | 68.71 CJPY | 68.82 CJPY | 61.79 CJPY | 49.86 CJPY |
1 NZD | 137.43 CJPY | 137.65 CJPY | 123.57 CJPY | 99.73 CJPY |
5 NZD | 687.13 CJPY | 688.23 CJPY | 617.87 CJPY | 498.63 CJPY |
10 NZD | 1,374.26 CJPY | 1,376.47 CJPY | 1,235.74 CJPY | 997.25 CJPY |
50 NZD | 6,871.31 CJPY | 6,882.34 CJPY | 6,178.68 CJPY | 4,986.27 CJPY |
100 NZD | 13,742.62 CJPY | 13,764.68 CJPY | 12,357.36 CJPY | 9,972.54 CJPY |
500 NZD | 68,713.08 CJPY | 68,823.39 CJPY | 61,786.79 CJPY | 49,862.70 CJPY |
1,000 NZD | 137,426.16 CJPY | 137,646.79 CJPY | 123,573.58 CJPY | 99,725.41 CJPY |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about NZ$0.007277.
Based on the current rate, you could get 137.43 CJPY for 1 NZD.
Convertible JPY Token price has been on the rise. Since yesterday, the exchange rate of Convertible JPY Token has increased. Since last month, the exchange rate of Convertible JPY Token has decreased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to NZD calculator at the top of this page to convert any amount of CJPY to NZD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NZD is equivalent to 687.13 CJPY. Inversely, 5 CJPY will cost about NZ$0.03638
Convertible JPY Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Convertible JPY Token.
There are a number of crypto assets that have the a similar or comparable market cap to Convertible JPY Token, including BNBcat, BaseX, and OLYMPIC GAMES DOGE. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
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.