Convert Kokoa Stable Dollar KSD to Nigerian Naira NGN
KSD to NGN: 1 Kokoa Stable Dollar converts to NGN 85.05 NGN as of September 11 at 7:26 AM
Kokoa Stable Dollar (KSD) is not tradable on Coinbase.
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About Kokoa Stable Dollar
Kokoa Stable Dollar is falling this week. The current price of Kokoa Stable Dollar is NGN 85.05 per KSD. With a circulating supply of 0 KSD, it means that Kokoa Stable Dollar has a total market cap of NGN 0.00. The amount of Kokoa Stable Dollar 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 KSD has been traded.
The exchange rate of Kokoa Stable Dollar is increasing. The current value of 1 KSD is NGN 85.05 NGN. In other words, to buy 5 Kokoa Stable Dollar, it would cost you NGN 425.23 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.01176 KSD while NGN 50.00 NGN would convert to 0.5879 KSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 KSD to NGN was NGN 829.06 NGN and the lowest 24 hour value was 1 KSD for NGN 83.93 NGN. Last month, 1 KSD was worth NGN 80.79 NGN. Today, it's up 0%. Looking back a year, Kokoa Stable Dollar has changed by NGN 271.56 NGN. That means that in a single year, the value of Kokoa Stable Dollar has grown by 0%.
Kokoa Stable Dollar Market Stats
# What is Kokoa Finance (KSD, KOKOA)? Kokoa Finance is the first crypto-asset-backed stablecoin platform built for the Klaytn blockchain. Kokoa Finance is permissonless and entirely on-chain, adopting two-token system: KSD and KOKOA. KSD is decentralized stablecoin operating by collateralizing crypto-asset, whereas KOKOA is a governance token for KokoaDAO. KokoaDAO is a decentralized organization targeting to manage the sustainability and soundness of the KSD monetary system. Users can participate in KokoaDAO by staking KOKOA. # What Makes Kokoa Finance Unique? Aforementioned, KSD is a crypto-collateralized decentralized stablecoin, provided exclusively by Kokoa Finance. Using Kokoa Finance, users can borrow KSD stablecoin without paying any nominal cost. Furthermore, Kokoa Finance internally utilizes “Flash Mint” mechanism, allowing users to easily create leveraged positions. These features contribute to the construction of user-friendly ecosystem, which in turn promote the growth of the entire network. # How are KSD minted and how does KSD maintain its price stability? KSD is a crypto-asset-backed stablecoin, maintaining its price stability via managing various types of collaterals in vaults, and also charging stability fee. Collateral Vaults are constantly monitored with price oracles. Based on the monitoring result, long-term demand and supply of KSD is adjusted thereby conserving its pegging with USD. Moreover, KokoaFarm Labs has also launched i4i, its StableSwap DEX of which functionality is expected to be expanded as it combines CryptoPool. As a consequence, KSD prices can also stay stabilized for some short-term period
Conversion tables
KSD to NGN values from Today at 7:26 am
0.5 KSD = NGN 42.52 NGN |
1 KSD = NGN 85.05 NGN |
5 KSD = NGN 425.23 NGN |
10 KSD = NGN 850.46 NGN |
50 KSD = NGN 4,252.28 NGN |
100 KSD = NGN 8,504.56 NGN |
500 KSD = NGN 42,522.82 NGN |
1,000 KSD = NGN 85,045.65 NGN |
NGN to KSD values from Today at
NGN 0.50 NGN = 0.005879 KSD |
NGN 1.00 NGN = 0.01176 KSD |
NGN 5.00 NGN = 0.05879 KSD |
NGN 10.00 NGN = 0.1176 KSD |
NGN 50.00 NGN = 0.5879 KSD |
NGN 100.00 NGN = 1.18 KSD |
NGN 500.00 NGN = 5.88 KSD |
NGN 1,000.00 NGN = 11.76 KSD |
KSD to NGN over time
KSD | Today | 24H -5.15% | 1M 5.01% | 1Y -219.32% |
|---|---|---|---|---|
0.5 KSD | NGN 42.52 NGN | NGN 44.71 NGN | NGN 40.39 NGN | NGN 135.78 NGN |
1 KSD | NGN 85.05 NGN | NGN 89.43 NGN | NGN 80.79 NGN | NGN 271.56 NGN |
5 KSD | NGN 425.23 NGN | NGN 447.14 NGN | NGN 403.94 NGN | NGN 1,357.82 NGN |
10 KSD | NGN 850.46 NGN | NGN 894.29 NGN | NGN 807.87 NGN | NGN 2,715.65 NGN |
50 KSD | NGN 4,252.28 NGN | NGN 4,471.45 NGN | NGN 4,039.35 NGN | NGN 13,578.25 NGN |
100 KSD | NGN 8,504.56 NGN | NGN 8,942.90 NGN | NGN 8,078.70 NGN | NGN 27,156.50 NGN |
500 KSD | NGN 42,522.82 NGN | NGN 44,714.48 NGN | NGN 40,393.51 NGN | NGN 135,782.49 NGN |
1,000 KSD | NGN 85,045.65 NGN | NGN 89,428.96 NGN | NGN 80,787.03 NGN | NGN 271,564.98 NGN |
Frequently asked questions
Right now, 1 Kokoa Stable Dollar is worth about NGN 85.05.
Based on the current rate, you could get 0.01176 KSD for 1 NGN.
You can use our KSD to NGN calculator at the top of this page to convert any amount of KSD to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.05879 KSD. Inversely, 5 KSD will cost about NGN 425.23
Kokoa Stable Dollar is not currently available through Coinbase, but you can sign up to get the latest news on Kokoa Stable Dollar and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Kokoa Stable Dollar, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Kokoa Stable Dollar.
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