Convert Staked Frax USD SFRXUSD to Nigerian Naira NGN
SFRXUSD to NGN: 1 Staked Frax USD converts to NGN 1,618.78 NGN as of October 23 at 3:32 AM
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About Staked Frax USD
Staked Frax USD is falling this week. The current price of Staked Frax USD is NGN 1,618.78 per SFRXUSD. With a circulating supply of 31,295,188.042 SFRXUSD, it means that Staked Frax USD has a total market cap of NGN 50,665,666,703.88. The amount of Staked Frax USD traded has risen by NGN 336,557,325.11 in the last 24 hours, which is a 116.60% increase. Additionally, in the last day, NGN 288,646,389.89 worth of SFRXUSD has been traded.
The exchange rate of Staked Frax USD is decreasing. The current value of 1 SFRXUSD is NGN 1,618.78 NGN. In other words, to buy 5 Staked Frax USD, it would cost you NGN 8,093.89 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.0006177 SFRXUSD while NGN 50.00 NGN would convert to 0.03089 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.11%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 SFRXUSD to NGN was NGN 1,634.91 NGN and the lowest 24 hour value was 1 SFRXUSD for NGN 1,618.18 NGN. Last month, 1 SFRXUSD was worth NGN 1,604.01 NGN. Today, it's up 0.39%. Looking back a year, Staked Frax USD has changed by NGN 1,705.08 NGN. That means that in a single year, the value of Staked Frax USD has grown by 4.41%.
Staked Frax USD Market Stats
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Conversion tables
SFRXUSD to NGN values from Today at 3:32 am
0.5 SFRXUSD = NGN 809.39 NGN |
1 SFRXUSD = NGN 1,618.78 NGN |
5 SFRXUSD = NGN 8,093.89 NGN |
10 SFRXUSD = NGN 16,187.78 NGN |
50 SFRXUSD = NGN 80,938.89 NGN |
100 SFRXUSD = NGN 161,877.79 NGN |
500 SFRXUSD = NGN 809,388.93 NGN |
1,000 SFRXUSD = NGN 1,618,777.85 NGN |
NGN to SFRXUSD values from Today at 3:35 am
NGN 0.50 NGN = 0.0003089 SFRXUSD |
NGN 1.00 NGN = 0.0006177 SFRXUSD |
NGN 5.00 NGN = 0.003089 SFRXUSD |
NGN 10.00 NGN = 0.006177 SFRXUSD |
NGN 50.00 NGN = 0.03089 SFRXUSD |
NGN 100.00 NGN = 0.06177 SFRXUSD |
NGN 500.00 NGN = 0.3089 SFRXUSD |
NGN 1,000.00 NGN = 0.6177 SFRXUSD |
SFRXUSD to NGN over time
SFRXUSD | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 SFRXUSD | NGN 809.39 NGN | NGN 810.31 NGN | NGN 802.01 NGN | NGN 852.54 NGN |
1 SFRXUSD | NGN 1,618.78 NGN | NGN 1,620.62 NGN | NGN 1,604.01 NGN | NGN 1,705.08 NGN |
5 SFRXUSD | NGN 8,093.89 NGN | NGN 8,103.10 NGN | NGN 8,020.07 NGN | NGN 8,525.41 NGN |
10 SFRXUSD | NGN 16,187.78 NGN | NGN 16,206.20 NGN | NGN 16,040.15 NGN | NGN 17,050.81 NGN |
50 SFRXUSD | NGN 80,938.89 NGN | NGN 81,030.99 NGN | NGN 80,200.74 NGN | NGN 85,254.06 NGN |
100 SFRXUSD | NGN 161,877.79 NGN | NGN 162,061.98 NGN | NGN 160,401.48 NGN | NGN 170,508.13 NGN |
500 SFRXUSD | NGN 809,388.93 NGN | NGN 810,309.88 NGN | NGN 802,007.42 NGN | NGN 852,540.65 NGN |
1,000 SFRXUSD | NGN 1,618,777.85 NGN | NGN 1,620,619.76 NGN | NGN 1,604,014.84 NGN | NGN 1,705,081.29 NGN |
Frequently asked questions
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