Convert Maldivian Rufiyaa MVR to OUSG OUSG
MVR to OUSG: 1 Maldivian Rufiyaa converts to 0.0005523 OUSG
About OUSG
OUSG is climbing this week. The current price of OUSG is MVR 1,810.51 per OUSG. With a circulating supply of 2,707,438.826 OUSG, it means that OUSG has a total market cap of MVR 4,901,797,450.94. The amount of OUSG traded has fallen by MVR 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, MVR 0.00 worth of OUSG has been traded.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is MVR 1,810.51 MVR. In other words, to buy 5 OUSG, it would cost you MVR 9,052.53 MVR. Inversely, MVR 1.00 MVR would allow you to trade for 0.0005523 OUSG while MVR 50.00 MVR would convert to 0.02762 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 0.01%, which means that the highest exchange rate of 1 OUSG to MVR was MVR 1,811.44 MVR and the lowest 24 hour value was 1 OUSG for MVR 1,809.67 MVR. Last month, 1 OUSG was worth MVR 1,805.22 MVR. Today, it's up 0.32%. Looking back a year, OUSG has changed by MVR 1,742.20 MVR. 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
MVR to OUSG values from Today at
MVR 0.50 MVR = 0.0002762 OUSG |
MVR 1.00 MVR = 0.0005523 OUSG |
MVR 5.00 MVR = 0.002762 OUSG |
MVR 10.00 MVR = 0.005523 OUSG |
MVR 50.00 MVR = 0.02762 OUSG |
MVR 100.00 MVR = 0.05523 OUSG |
MVR 500.00 MVR = 0.2762 OUSG |
MVR 1,000.00 MVR = 0.5523 OUSG |
OUSG to MVR values from Today at 10:50 am
0.5 OUSG = MVR 905.25 MVR |
1 OUSG = MVR 1,810.51 MVR |
5 OUSG = MVR 9,052.53 MVR |
10 OUSG = MVR 18,105.06 MVR |
50 OUSG = MVR 90,525.32 MVR |
100 OUSG = MVR 181,050.64 MVR |
500 OUSG = MVR 905,253.21 MVR |
1,000 OUSG = MVR 1,810,506.41 MVR |
MVR to OUSG over time
MVR | Today | 24H -0.06% | 1M -0.06% | 1Y -0.06% |
|---|---|---|---|---|
0.5 MVR | 0.0002762 OUSG | 0.0002761 OUSG | 0.000277 OUSG | 0.000287 OUSG |
1 MVR | 0.0005523 OUSG | 0.0005522 OUSG | 0.0005539 OUSG | 0.000574 OUSG |
5 MVR | 0.002762 OUSG | 0.002761 OUSG | 0.00277 OUSG | 0.00287 OUSG |
10 MVR | 0.005523 OUSG | 0.005522 OUSG | 0.005539 OUSG | 0.00574 OUSG |
50 MVR | 0.02762 OUSG | 0.02761 OUSG | 0.0277 OUSG | 0.0287 OUSG |
100 MVR | 0.05523 OUSG | 0.05522 OUSG | 0.05539 OUSG | 0.0574 OUSG |
500 MVR | 0.2762 OUSG | 0.2761 OUSG | 0.277 OUSG | 0.287 OUSG |
1,000 MVR | 0.5523 OUSG | 0.5522 OUSG | 0.5539 OUSG | 0.574 OUSG |
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