Convert Staked Frax USD SFRXUSD to Nigerian Naira NGN
SFRXUSD to NGN: 1 Staked Frax USD converts to NGN 1,636.48 NGN as of January 31 at 5:23 AM
Buy Staked Frax USD with Coinbase Wallet
Create a Coinbase account to buy and sell Staked Frax USD on the most secure crypto exchange.
About Staked Frax USD
Staked Frax USD is climbing this week. The current price of Staked Frax USD is NGN 1,636.48 per SFRXUSD. With a circulating supply of 25,184,434.12 SFRXUSD, it means that Staked Frax USD has a total market cap of NGN 41,199,401,137.80. The amount of Staked Frax USD traded has fallen by -NGN 390,086,627.75 in the last 24 hours, which is a 64.45% decrease. Additionally, in the last day, NGN 605,273,252.48 worth of SFRXUSD has been traded.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is NGN 1,636.48 NGN. In other words, to buy 5 Staked Frax USD, it would cost you NGN 8,182.42 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000611 SFRXUSD while NGN 50.00 NGN would convert to 0.0306 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 0.05%, which means that the highest exchange rate of 1 SFRXUSD to NGN was NGN 1,650.42 NGN and the lowest 24 hour value was 1 SFRXUSD for NGN 1,634.93 NGN. Last month, 1 SFRXUSD was worth NGN 1,704.11 NGN. Today, it's up 0.42%. Looking back a year, Staked Frax USD has changed by NGN 1,672.48 NGN. That means that in a single year, the value of Staked Frax USD has grown by 6.58%.
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 5:23 am
0.5 SFRXUSD = NGN 818.24 NGN |
1 SFRXUSD = NGN 1,636.48 NGN |
5 SFRXUSD = NGN 8,182.42 NGN |
10 SFRXUSD = NGN 16,364.85 NGN |
50 SFRXUSD = NGN 81,824.23 NGN |
100 SFRXUSD = NGN 163,648.46 NGN |
500 SFRXUSD = NGN 818,242.31 NGN |
1,000 SFRXUSD = NGN 1,636,484.62 NGN |
NGN to SFRXUSD values from Today at 5:23 am
NGN 0.50 NGN = 0.000306 SFRXUSD |
NGN 1.00 NGN = 0.000611 SFRXUSD |
NGN 5.00 NGN = 0.0031 SFRXUSD |
NGN 10.00 NGN = 0.0061 SFRXUSD |
NGN 50.00 NGN = 0.0306 SFRXUSD |
NGN 100.00 NGN = 0.0611 SFRXUSD |
NGN 500.00 NGN = 0.31 SFRXUSD |
NGN 1,000.00 NGN = 0.61 SFRXUSD |
SFRXUSD to NGN over time
SFRXUSD | Today | 24H -0.24% | 1M -4.13% | 1Y -2.20% |
|---|---|---|---|---|
0.5 SFRXUSD | NGN 818.24 NGN | NGN 820.23 NGN | NGN 852.05 NGN | NGN 836.24 NGN |
1 SFRXUSD | NGN 1,636.48 NGN | NGN 1,640.46 NGN | NGN 1,704.11 NGN | NGN 1,672.48 NGN |
5 SFRXUSD | NGN 8,182.42 NGN | NGN 8,202.32 NGN | NGN 8,520.53 NGN | NGN 8,362.42 NGN |
10 SFRXUSD | NGN 16,364.85 NGN | NGN 16,404.64 NGN | NGN 17,041.06 NGN | NGN 16,724.84 NGN |
50 SFRXUSD | NGN 81,824.23 NGN | NGN 82,023.22 NGN | NGN 85,205.28 NGN | NGN 83,624.18 NGN |
100 SFRXUSD | NGN 163,648.46 NGN | NGN 164,046.44 NGN | NGN 170,410.55 NGN | NGN 167,248.36 NGN |
500 SFRXUSD | NGN 818,242.31 NGN | NGN 820,232.19 NGN | NGN 852,052.76 NGN | NGN 836,241.79 NGN |
1,000 SFRXUSD | NGN 1,636,484.62 NGN | NGN 1,640,464.38 NGN | NGN 1,704,105.52 NGN | NGN 1,672,483.57 NGN |
Buy Staked Frax USD with Coinbase Wallet
Create a Coinbase account to buy and sell Staked Frax USD on the most secure crypto exchange.
Frequently asked questions
Right now, 1 Staked Frax USD is worth about NGN 1,636.48.
Based on the current rate, you could get 0.000611 SFRXUSD for 1 NGN.
Staked Frax USD price has been on the rise. Since yesterday, the exchange rate of Staked Frax USD has increased. Since last month, the exchange rate of Staked Frax USD has increased. Since this time last year, the price of Staked Frax USD has increased.
You can use our SFRXUSD to NGN calculator at the top of this page to convert any amount of SFRXUSD to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.0031 SFRXUSD. Inversely, 5 SFRXUSD will cost about NGN 8,182.42
Staked Frax USD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Staked Frax USD.
There are a number of crypto assets that have the a similar or comparable market cap to Staked Frax USD, including Universal ETH, Wrapped Moonriver, and DeFi Pulse Index. For a more robust list of assets to explore, jump to the asset page dedicated to Staked Frax USD.
Buy Staked Frax USD with Coinbase Wallet
Create a Coinbase account to buy and sell Staked Frax USD on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover fiat currency conversions
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.
