Convert Nigerian Naira NGN to OUSG OUSG
NGN to OUSG: 1 Nigerian Naira converts to 0.000006469 OUSG
About OUSG
OUSG is climbing this week. The current price of OUSG is NGN 154,579.08 per OUSG. With a circulating supply of 2,882,905.15 OUSG, it means that OUSG has a total market cap of NGN 445,710,265,732.18. 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 increasing. The current value of 1 OUSG is NGN 154,579.08 NGN. In other words, to buy 5 OUSG, it would cost you NGN 772,895.40 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000006469 OUSG while NGN 50.00 NGN would convert to 0.0003235 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.06%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 OUSG to NGN was NGN 154,620.64 NGN and the lowest 24 hour value was 1 OUSG for NGN 154,097.69 NGN. Last month, 1 OUSG was worth NGN 158,276.05 NGN. Today, it's up 0.29%. Looking back a year, OUSG has changed by NGN 169,837.16 NGN. That means that in a single year, the value of OUSG has grown by 3.56%.
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
NGN to OUSG values from Today at
NGN 0.50 NGN = 0.000003235 OUSG |
NGN 1.00 NGN = 0.000006469 OUSG |
NGN 5.00 NGN = 0.00003235 OUSG |
NGN 10.00 NGN = 0.00006469 OUSG |
NGN 50.00 NGN = 0.0003235 OUSG |
NGN 100.00 NGN = 0.0006469 OUSG |
NGN 500.00 NGN = 0.003235 OUSG |
NGN 1,000.00 NGN = 0.006469 OUSG |
OUSG to NGN values from Today at 7:29 am
0.5 OUSG = NGN 77,289.54 NGN |
1 OUSG = NGN 154,579.08 NGN |
5 OUSG = NGN 772,895.40 NGN |
10 OUSG = NGN 1,545,790.81 NGN |
50 OUSG = NGN 7,728,954.03 NGN |
100 OUSG = NGN 15,457,908.06 NGN |
500 OUSG = NGN 77,289,540.29 NGN |
1,000 OUSG = NGN 154,579,080.57 NGN |
NGN to OUSG over time
NGN | Today | 24H -0.00% | 1M -0.00% | 1Y -0.00% |
|---|---|---|---|---|
0.5 NGN | 0.000003235 OUSG | 0.00000324 OUSG | 0.000003159 OUSG | 0.000002944 OUSG |
1 NGN | 0.000006469 OUSG | 0.00000648 OUSG | 0.000006318 OUSG | 0.000005888 OUSG |
5 NGN | 0.00003235 OUSG | 0.0000324 OUSG | 0.00003159 OUSG | 0.00002944 OUSG |
10 NGN | 0.00006469 OUSG | 0.0000648 OUSG | 0.00006318 OUSG | 0.00005888 OUSG |
50 NGN | 0.0003235 OUSG | 0.000324 OUSG | 0.0003159 OUSG | 0.0002944 OUSG |
100 NGN | 0.0006469 OUSG | 0.000648 OUSG | 0.0006318 OUSG | 0.0005888 OUSG |
500 NGN | 0.003235 OUSG | 0.00324 OUSG | 0.003159 OUSG | 0.002944 OUSG |
1,000 NGN | 0.006469 OUSG | 0.00648 OUSG | 0.006318 OUSG | 0.005888 OUSG |
Frequently asked questions
Right now, 1 OUSG is worth about NGN 154,579.08.
Based on the current rate, you could get 0.000006469 OUSG for 1 NGN.
OUSG price has been on the rise. Since yesterday, the exchange rate of OUSG has increased. Since last month, the exchange rate of OUSG has increased. Since this time last year, the price of OUSG has increased.
You can use our OUSG to NGN calculator at the top of this page to convert any amount of OUSG to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.00003235 OUSG. Inversely, 5 OUSG will cost about NGN 772,895.40
OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.
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