Convert Wrapped USDR WUSDR to Nigerian Naira NGN
WUSDR to NGN: 1 Wrapped USDR converts to NGN 590.46 NGN as of November 8 at 12:12 PM
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About Wrapped USDR
Wrapped USDR is falling this week. The current price of Wrapped USDR is NGN 590.46 per WUSDR. With a circulating supply of 312,377.545 WUSDR, it means that Wrapped USDR has a total market cap of NGN 184,789,375.44. The amount of Wrapped USDR traded has risen by NGN 586,473.61 in the last 24 hours, which is a 98.65% increase. Additionally, in the last day, NGN 594,507.49 worth of WUSDR has been traded.
The exchange rate of Wrapped USDR is decreasing. The current value of 1 WUSDR is NGN 590.46 NGN. In other words, to buy 5 Wrapped USDR, it would cost you NGN 2,952.31 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.001694 WUSDR while NGN 50.00 NGN would convert to 0.08468 WUSDR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.39%. Meanwhile, in the last 24 hours, the rate has changed by 2.19%, and that the highest exchange rate of 1 WUSDR to NGN was NGN 603.06 NGN and the lowest 24 hour value was 1 WUSDR for NGN 591.09 NGN. Last month, 1 WUSDR was worth NGN 594.78 NGN. Today, it's down 2.11%. Looking back a year, Wrapped USDR has changed by NGN 185.83 NGN. That means that in a single year, the value of Wrapped USDR has grown by 238.33%.
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.
Conversion tables
WUSDR to NGN values from Today at 12:12 pm
0.5 WUSDR = NGN 295.23 NGN |
1 WUSDR = NGN 590.46 NGN |
5 WUSDR = NGN 2,952.31 NGN |
10 WUSDR = NGN 5,904.62 NGN |
50 WUSDR = NGN 29,523.12 NGN |
100 WUSDR = NGN 59,046.24 NGN |
500 WUSDR = NGN 295,231.18 NGN |
1,000 WUSDR = NGN 590,462.36 NGN |
NGN to WUSDR values from Today at 12:13 pm
NGN 0.50 NGN = 0.0008468 WUSDR |
NGN 1.00 NGN = 0.001694 WUSDR |
NGN 5.00 NGN = 0.008468 WUSDR |
NGN 10.00 NGN = 0.01694 WUSDR |
NGN 50.00 NGN = 0.08468 WUSDR |
NGN 100.00 NGN = 0.1694 WUSDR |
NGN 500.00 NGN = 0.8468 WUSDR |
NGN 1,000.00 NGN = 1.69 WUSDR |
WUSDR to NGN over time
WUSDR | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 WUSDR | NGN 295.23 NGN | NGN 301.52 NGN | NGN 297.39 NGN | NGN 92.91 NGN |
1 WUSDR | NGN 590.46 NGN | NGN 603.03 NGN | NGN 594.78 NGN | NGN 185.83 NGN |
5 WUSDR | NGN 2,952.31 NGN | NGN 3,015.16 NGN | NGN 2,973.91 NGN | NGN 929.13 NGN |
10 WUSDR | NGN 5,904.62 NGN | NGN 6,030.31 NGN | NGN 5,947.82 NGN | NGN 1,858.27 NGN |
50 WUSDR | NGN 29,523.12 NGN | NGN 30,151.57 NGN | NGN 29,739.12 NGN | NGN 9,291.34 NGN |
100 WUSDR | NGN 59,046.24 NGN | NGN 60,303.14 NGN | NGN 59,478.25 NGN | NGN 18,582.69 NGN |
500 WUSDR | NGN 295,231.18 NGN | NGN 301,515.72 NGN | NGN 297,391.24 NGN | NGN 92,913.43 NGN |
1,000 WUSDR | NGN 590,462.36 NGN | NGN 603,031.43 NGN | NGN 594,782.48 NGN | NGN 185,826.85 NGN |
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.



