Convert Wrapped USDR WUSDR to Nigerian Naira NGN
WUSDR to NGN: 1 Wrapped USDR converts to NGN 619.41 NGN as of November 4 at 12:15 PM
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About Wrapped USDR
Wrapped USDR is falling this week. The current price of Wrapped USDR is NGN 619.41 per WUSDR. With a circulating supply of 312,377.545 WUSDR, it means that Wrapped USDR has a total market cap of NGN 194,303,614.89. The amount of Wrapped USDR traded has risen by NGN 604,204.91 in the last 24 hours, which is a 97.02% increase. Additionally, in the last day, NGN 622,755.06 worth of WUSDR has been traded.
The exchange rate of Wrapped USDR is decreasing. The current value of 1 WUSDR is NGN 619.41 NGN. In other words, to buy 5 Wrapped USDR, it would cost you NGN 3,097.07 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.001614 WUSDR while NGN 50.00 NGN would convert to 0.08072 WUSDR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.76%. Meanwhile, in the last 24 hours, the rate has changed by 0.8%, and that the highest exchange rate of 1 WUSDR to NGN was NGN 660.92 NGN and the lowest 24 hour value was 1 WUSDR for NGN 645.80 NGN. Last month, 1 WUSDR was worth NGN 594.00 NGN. Today, it's up 7.54%. 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 264.47%.
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 12:15 pm
0.5 WUSDR = NGN 309.71 NGN |
1 WUSDR = NGN 619.41 NGN |
5 WUSDR = NGN 3,097.07 NGN |
10 WUSDR = NGN 6,194.15 NGN |
50 WUSDR = NGN 30,970.73 NGN |
100 WUSDR = NGN 61,941.46 NGN |
500 WUSDR = NGN 309,707.31 NGN |
1,000 WUSDR = NGN 619,414.62 NGN |
NGN to WUSDR values from Today at 12:16 pm
NGN 0.50 NGN = 0.0008072 WUSDR |
NGN 1.00 NGN = 0.001614 WUSDR |
NGN 5.00 NGN = 0.008072 WUSDR |
NGN 10.00 NGN = 0.01614 WUSDR |
NGN 50.00 NGN = 0.08072 WUSDR |
NGN 100.00 NGN = 0.1614 WUSDR |
NGN 500.00 NGN = 0.8072 WUSDR |
NGN 1,000.00 NGN = 1.61 WUSDR |
WUSDR to NGN over time
WUSDR | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 WUSDR | NGN 309.71 NGN | NGN 326.34 NGN | NGN 297.00 NGN | NGN 95.28 NGN |
1 WUSDR | NGN 619.41 NGN | NGN 652.68 NGN | NGN 594.00 NGN | NGN 190.57 NGN |
5 WUSDR | NGN 3,097.07 NGN | NGN 3,263.39 NGN | NGN 2,969.99 NGN | NGN 952.84 NGN |
10 WUSDR | NGN 6,194.15 NGN | NGN 6,526.78 NGN | NGN 5,939.97 NGN | NGN 1,905.68 NGN |
50 WUSDR | NGN 30,970.73 NGN | NGN 32,633.91 NGN | NGN 29,699.87 NGN | NGN 9,528.41 NGN |
100 WUSDR | NGN 61,941.46 NGN | NGN 65,267.82 NGN | NGN 59,399.74 NGN | NGN 19,056.81 NGN |
500 WUSDR | NGN 309,707.31 NGN | NGN 326,339.09 NGN | NGN 296,998.70 NGN | NGN 95,284.07 NGN |
1,000 WUSDR | NGN 619,414.62 NGN | NGN 652,678.18 NGN | NGN 593,997.40 NGN | NGN 190,568.14 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.








