Convert OUSG OUSG to Nigerian Naira NGN
OUSG to NGN: 1 OUSG converts to NGN 156,592.94 NGN as of October 25 at 9:50 PM
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About OUSG
OUSG is falling this week. The current price of OUSG is NGN 156,592.94 per OUSG. With a circulating supply of 2,729,453.598 OUSG, it means that OUSG has a total market cap of NGN 427,643,953,855.95. The amount of OUSG traded has fallen by NGN 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, NGN 0.00 worth of OUSG has been traded.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is NGN 156,592.94 NGN. In other words, to buy 5 OUSG, it would cost you NGN 782,964.70 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000006386 OUSG while NGN 50.00 NGN would convert to 0.0003193 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.07%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 OUSG to NGN was NGN 157,737.61 NGN and the lowest 24 hour value was 1 OUSG for NGN 155,865.84 NGN. Last month, 1 OUSG was worth NGN 154,767.92 NGN. Today, it's up 0.28%. Looking back a year, OUSG has changed by NGN 165,091.09 NGN. That means that in a single year, the value of OUSG has grown by 3.5%.
OUSG Market Stats
OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance. The significant majority of this portfolio is held in the iShares Short Treasury Bond ETF (NASDAQ: SHV). There is also a small portion of USDC and USD for liquidity purposes. OUSG brings exposure to the ‘risk-free’ US Treasury rate on-chain for the first time. OUSG is an investment option that delivers a stable and predictable return while offering deep liquidity. Ondo funds such as OUSG only ever invest into ETFs backed by secure, stable, and liquid securities; these are the same assets in which trillions of dollars are invested every day by the world's largest institutions. OUSG was developed alongside two other fund tokens, OSTB and OHYG, by Ondo Finance, a software development firm in DeFi. Ondo launched in August 2021. Its first product was Ondo Vaults, a structured finance protocol on Ethereum. Later that year, Ondo launched Liquidity-as-a-Service (LaaS), facilitating over $210M in total liquidity provided. As DeFi yields compressed in 2022, the Ondo team decided to sunset Vaults and LaaS (together, "Ondo V1") to focus on next-generation protocols. Ondo V2, including Ondo’s tokenized funds, were announced by Nathan Allman in January 2023. Ondo funds subsequently opened to subscriptions soon after. What can OUSG be Used For? For investors who pass KYC and AML screening and sign subscription documents, OUSG tokens represent ownership in the fund. Investors can transfer these tokens between each other to effect changes in fund ownership. Investors can also use smart contracts to facilitate their financial arrangements such as by engaging in lending and trading activities with each other. The tokens themselves have transfer restrictions that will ensure they do not end up in the hands of anyone not appropriately qualified as an investor in the fund.
Conversion tables
OUSG to NGN values from Today at 9:50 pm
0.5 OUSG = NGN 78,296.47 NGN |
1 OUSG = NGN 156,592.94 NGN |
5 OUSG = NGN 782,964.70 NGN |
10 OUSG = NGN 1,565,929.40 NGN |
50 OUSG = NGN 7,829,647.01 NGN |
100 OUSG = NGN 15,659,294.03 NGN |
500 OUSG = NGN 78,296,470.14 NGN |
1,000 OUSG = NGN 156,592,940.29 NGN |
NGN to OUSG values from Today at 9:50 pm
NGN 0.50 NGN = 0.000003193 OUSG |
NGN 1.00 NGN = 0.000006386 OUSG |
NGN 5.00 NGN = 0.00003193 OUSG |
NGN 10.00 NGN = 0.00006386 OUSG |
NGN 50.00 NGN = 0.0003193 OUSG |
NGN 100.00 NGN = 0.0006386 OUSG |
NGN 500.00 NGN = 0.003193 OUSG |
NGN 1,000.00 NGN = 0.006386 OUSG |
OUSG to NGN over time
OUSG | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 OUSG | NGN 78,296.47 NGN | NGN 77,932.92 NGN | NGN 77,383.96 NGN | NGN 82,545.55 NGN |
1 OUSG | NGN 156,592.94 NGN | NGN 155,865.84 NGN | NGN 154,767.92 NGN | NGN 165,091.09 NGN |
5 OUSG | NGN 782,964.70 NGN | NGN 779,329.18 NGN | NGN 773,839.58 NGN | NGN 825,455.45 NGN |
10 OUSG | NGN 1,565,929.40 NGN | NGN 1,558,658.37 NGN | NGN 1,547,679.15 NGN | NGN 1,650,910.91 NGN |
50 OUSG | NGN 7,829,647.01 NGN | NGN 7,793,291.83 NGN | NGN 7,738,395.77 NGN | NGN 8,254,554.54 NGN |
100 OUSG | NGN 15,659,294.03 NGN | NGN 15,586,583.65 NGN | NGN 15,476,791.55 NGN | NGN 16,509,109.07 NGN |
500 OUSG | NGN 78,296,470.14 NGN | NGN 77,932,918.25 NGN | NGN 77,383,957.74 NGN | NGN 82,545,545.37 NGN |
1,000 OUSG | NGN 156,592,940.29 NGN | NGN 155,865,836.50 NGN | NGN 154,767,915.49 NGN | NGN 165,091,090.74 NGN |
Frequently asked questions
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