Convert Wrapped USDR WUSDR to Nigerian Naira NGN

WUSDR to NGN: 1 Wrapped USDR converts to NGN 598.78 NGN as of November 4 at 5:48 PM

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About Wrapped USDR

Wrapped USDR is falling this week. The current price of Wrapped USDR is NGN 598.78 per WUSDR. With a circulating supply of 312,377.545 WUSDR, it means that Wrapped USDR has a total market cap of NGN 187,745,777.99. The amount of Wrapped USDR traded has risen by NGN 2,429,802,014.08 in the last 24 hours, which is a 134,300.00% increase. Additionally, in the last day, NGN 1,809,234.56 worth of WUSDR has been traded.

The exchange rate of Wrapped USDR is decreasing. The current value of 1 WUSDR is NGN 598.78 NGN. In other words, to buy 5 Wrapped USDR, it would cost you NGN 2,993.90 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.00167 WUSDR while NGN 50.00 NGN would convert to 0.0835 WUSDR, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 12.03%. Meanwhile, in the last 24 hours, the rate has changed by 9.51%, and that the highest exchange rate of 1 WUSDR to NGN was NGN 660.44 NGN and the lowest 24 hour value was 1 WUSDR for NGN 598.19 NGN. Last month, 1 WUSDR was worth NGN 594.00 NGN. Today, it's down 0.68%. Looking back a year, Wrapped USDR has changed by NGN 190.57 NGN. That means that in a single year, the value of Wrapped USDR has grown by 236.63%.

Wrapped USDR Market Stats

wUSDR is a wrapped version of USDR. USDR is the world’s first stablecoin collateralized by tokenized, yield-producing real estate. USDR has its own value accrual system built into its design, differentiating it from other currencies. Using a consistent stream of dependable yield derived from rental revenue, USDR will deliver a native real yield to stakers through a daily rebase, projected to range between 10 - 20% APY. As an asset class, real estate is inflation-proof and wealth generating, making it an ideal backing for a stablecoin. While the dollar has lost over 80% of its purchasing power over the past 50 years, the price of single-family home has gone up by 14x in countries like the United States. So a real estate backed stablecoin not only works as a hedge against the volatility of crypto markets, it also protects holders from the impacts of ongoing currency debasement. USDR is minted using DAI and can always be redeemed 1:1 for DAI. Treasury DAI is used to purchase and tokenize income-generating real estate, which is added to the treasury and serves as the primary source of protocol yield. As the value of the tokenized real estate appreciates over time, USDR becomes overcollateralized. Tokenized real world assets are the path to meaningfully grow the market cap of crypto and DeFi, reaching the next billion users in the process. Bringing RWAs on-chain allows for transparent, trust-minimized and efficient access to categories like the ~$330T global real estate market. Without the need for a mortgage or a downpayment, it’s now possible for anyone with a phone to access many of the benefits of real estate though USDR.

NGN 598.78Price
NGN 187.75MMarket cap
NGN 1.81MVolume (24h)
312.4K WUSDRCir. Supply

Conversion tables

WUSDR to NGN values from Today at 5:48 pm

0.5 WUSDR = NGN 299.39 NGN
1 WUSDR = NGN 598.78 NGN
5 WUSDR = NGN 2,993.90 NGN
10 WUSDR = NGN 5,987.80 NGN
50 WUSDR = NGN 29,939.00 NGN
100 WUSDR = NGN 59,877.99 NGN
500 WUSDR = NGN 299,389.97 NGN
1,000 WUSDR = NGN 598,779.94 NGN

NGN to WUSDR values from Today at 5:49 pm

NGN 0.50 NGN = 0.000835 WUSDR
NGN 1.00 NGN = 0.00167 WUSDR
NGN 5.00 NGN = 0.00835 WUSDR
NGN 10.00 NGN = 0.0167 WUSDR
NGN 50.00 NGN = 0.0835 WUSDR
NGN 100.00 NGN = 0.167 WUSDR
NGN 500.00 NGN = 0.835 WUSDR
NGN 1,000.00 NGN = 1.67 WUSDR

WUSDR to NGN over time

WUSDR
Today
24H
100.00%
1M
100.00%
1Y
100.00%
0.5 WUSDR
NGN 299.39 NGN
NGN 330.19 NGN
NGN 297.00 NGN
NGN 95.28 NGN
1 WUSDR
NGN 598.78 NGN
NGN 660.37 NGN
NGN 594.00 NGN
NGN 190.57 NGN
5 WUSDR
NGN 2,993.90 NGN
NGN 3,301.87 NGN
NGN 2,969.99 NGN
NGN 952.84 NGN
10 WUSDR
NGN 5,987.80 NGN
NGN 6,603.73 NGN
NGN 5,939.97 NGN
NGN 1,905.68 NGN
50 WUSDR
NGN 29,939.00 NGN
NGN 33,018.66 NGN
NGN 29,699.87 NGN
NGN 9,528.41 NGN
100 WUSDR
NGN 59,877.99 NGN
NGN 66,037.32 NGN
NGN 59,399.74 NGN
NGN 19,056.81 NGN
500 WUSDR
NGN 299,389.97 NGN
NGN 330,186.60 NGN
NGN 296,998.70 NGN
NGN 95,284.07 NGN
1,000 WUSDR
NGN 598,779.94 NGN
NGN 660,373.20 NGN
NGN 593,997.40 NGN
NGN 190,568.14 NGN

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