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About NGM and USDC
e-Money is falling, while USDC is climbing this week. The current NGM to USDC conversion rate is 0.003745. Inversely, this means that if you convert 1 USDC you will get 267.04 NGM. The conversion rate of NGM/USDC has increased by 1.4% in the last hour (USDC/NGM decreased by 1.38%). In the last 24 hours, NGM/USDC shrunk by 3.35%, while USDC/NGM grew by 3.47%.
The exchange rate of e-Money is decreasing. The current value of 1 NGM is 0.003745 USDC. In other words, to buy 5 e-Money, it would cost you 0.018724 USDC. Inversely, 1 USDC would allow you to trade for 267.04 NGM while 50 USDC would convert to 13,351.83 NGM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.83%. Meanwhile, in the last 24 hours, the rate has changed by 4.85%, and that the highest exchange rate of 1 NGM to USDC was 0.003966 USDC and the lowest 24 hour value was 1 NGM for 0.00373 USDC. Last month, 1 NGM was worth 0.004125 USDC. Today, it's down 9.23%. Looking back a year, e-Money has changed by 0.009719 USDC. That means that in a single year, the value of e-Money has shrank by 61.47%.
e-Money Market Stats
e-Money stablecoins are a further stage in the development of collateralized stablecoins, but with some great advantages of their own which truly set them apart. Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros and the eUSD stablecoin is collateralized by US dollars. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.
USDC Market Stats
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
Conversion tables
NGM to USDC values from Today at 12:23 pm
0.5 NGM = 0.001872 USDC |
1 NGM = 0.003745 USDC |
5 NGM = 0.01872 USDC |
10 NGM = 0.03745 USDC |
50 NGM = 0.1872 USDC |
100 NGM = 0.3745 USDC |
500 NGM = 1.87 USDC |
1,000 NGM = 3.74 USDC |
USDC to NGM values from Today at 12:24 pm
0.5 USDC = 133.52 NGM |
1 USDC = 267.04 NGM |
5 USDC = 1,335.18 NGM |
10 USDC = 2,670.37 NGM |
50 USDC = 13,351.83 NGM |
100 USDC = 26,703.66 NGM |
500 USDC = 133,518.32 NGM |
1,000 USDC = 267,036.63 NGM |
NGM to USDC over time
NGM | Today | 24H -5.09% | 1M -10.17% | 1Y -159.52% |
|---|---|---|---|---|
0.5 NGM | 0.001872 USDC | 0.001968 USDC | 0.002063 USDC | 0.004859 USDC |
1 NGM | 0.003745 USDC | 0.003936 USDC | 0.004125 USDC | 0.009719 USDC |
5 NGM | 0.01872 USDC | 0.01968 USDC | 0.02063 USDC | 0.04859 USDC |
10 NGM | 0.03745 USDC | 0.03936 USDC | 0.04125 USDC | 0.09719 USDC |
50 NGM | 0.1872 USDC | 0.1968 USDC | 0.2063 USDC | 0.4859 USDC |
100 NGM | 0.3745 USDC | 0.3936 USDC | 0.4125 USDC | 0.9719 USDC |
500 NGM | 1.87 USDC | 1.97 USDC | 2.06 USDC | 4.86 USDC |
1,000 NGM | 3.74 USDC | 3.94 USDC | 4.13 USDC | 9.72 USDC |
Frequently asked questions
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.