Convert and Swap Shen SHEN to Nigerian Naira NGN
SHEN/NGN: 1 Shen equals NGN 1,261.35 NGN
Shen (SHEN) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Last update: 12:02 AM, April 30, 2025
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Shen market latest
Shen is climbing this week.
The current price of Shen is NGN 1,261.35 per SHEN. With a circulating supply of 0 SHEN, it means that Shen has a total market cap of NGN 0.00. The amount of Shen traded has risen by NGN 69,310,077.98 in the last 24 hours, which is a 776.54% increase. Additionally, in the last day, NGN 8,925,457.11 worth of SHEN has been traded.
About Shen
## What are Reserve Coins? In simple terms, Reserve Coins are digital tokens that maintain the algorithmic peg of stablecoins. By trading Reserve Coins, users can contribute to the stablecoin mechanism by providing the appropriate liquidity to maintain a sufficient peg ratio. By utilizing a reserve, base fees can be charged, collected, and pooled for transactions facilitated by the underlying stablecoin. Reserve Coin holders then get a share of this transaction pool as an incentive for their participation in maintaining the stablecoin peg ratio. Before the launch of Djed, we will be implementing a Reserve Coin that will serve this function of maintaining Djed’s peg and liquidity stability. We have provided some details on this below. ## What is Shen (SHEN)? Continuing with the ancient Egyptian theme, we picked Shen as the name for Djed’s Reserve Coin. The Shen is a symbol of both royalty and symmetry. It has a deep connection with infinity, eternity, protection, and completeness given its circularity. During our brainstorming sessions, we found this name to convey the characteristics and properties of Djed’s Reserve Coin appropriately. By buying and selling Shen, users are able to maintain Djed’s USD currency peg while earning a share of transaction fees in the reserve pool. Since the Reserve Coin is a tradable asset, holders can also profit from the short-mid term price fluctuations as an added incentive. We look forward to providing more information as we approach the official launch.
Frequently asked questions
How much is 1 Shen in NGN?
Right now, 1 Shen is worth about NGN 1,261.35.
How much SHEN could I buy for 1 NGN?
Based on the current rate, you could get 0.000793 SHEN for 1 NGN.
How much has the price of Shen changed?
Shen price has been on the rise. Since yesterday, the exchange rate of Shen has increased. Since last month, the exchange rate of Shen has decreased. Since this time last year, the price of Shen has increased.
How do I calculate or convert SHEN to NGN?
You can use our SHEN to NGN calculator at the top of this page to convert any amount of SHEN to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.004 SHEN. Inversely, 5 SHEN will cost about NGN 6,306.73
How can I buy 1 Shen on Coinbase?
Shen is not currently available through Coinbase, but you can sign up to get the latest news on Shen and be notified when it is available.
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Popular Shen conversions
A selection of other popular currency conversions of Shen to various fiat currencies.
SHEN to Nigerian Naira conversion tables
The exchange rate of Shen is increasing.
The current value of 1 SHEN is NGN 1,261.35 NGN. In other words, to buy 5 Shen, it would cost you NGN 6,306.73 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000793 SHEN while NGN 50.00 NGN would convert to 0.039640 SHEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.28%. Meanwhile, in the last 24 hours, the rate has changed by 1.03%, which means that the highest exchange rate of 1 SHEN to Nigerian Naira was NGN 1,279.69 NGN and the lowest 24 hour value was 1 SHEN for NGN 1,245.46 NGN. This time last month, the value of 1 SHEN was NGN 1,229.27 NGN, which is a 1.94% increase from where it is now. Looking back a year, Shen has changed by NGN 673.31 NGN.
SHEN to NGN performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
NGN 1,250.32 NGN | 1.03% | NGN 1,194.97 NGN | 11.28% | NGN 1,229.27 NGN | -1.94% | NGN 673.31 NGN | 59.94% |
SHEN to NGN
Amount | Today at 12:02 am |
|---|---|
0.5 SHEN | NGN 630.67 |
1 SHEN | NGN 1,261.35 |
5 SHEN | NGN 6,306.73 |
10 SHEN | NGN 12,613.46 |
50 SHEN | NGN 63,067.29 |
100 SHEN | NGN 126,134.58 |
500 SHEN | NGN 630,672.88 |
1,000 SHEN | NGN 1,261,345.75 |
NGN to SHEN
Amount | Today at 12:02 am |
|---|---|
0.5 NGN | 0.000396 SHEN |
1 NGN | 0.000793 SHEN |
5 NGN | 0.0040 SHEN |
10 NGN | 0.0079 SHEN |
50 NGN | 0.0396 SHEN |
100 NGN | 0.0793 SHEN |
500 NGN | 0.40 SHEN |
1,000 NGN | 0.79 SHEN |
Today vs. 24 hours ago
Amount | Today at 12:02 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SHEN | NGN 630.67 | NGN 624.27 | +1.03% |
1 SHEN | NGN 1,261.35 | NGN 1,248.53 | +1.03% |
5 SHEN | NGN 6,306.73 | NGN 6,242.66 | +1.03% |
10 SHEN | NGN 12,613.46 | NGN 12,485.32 | +1.03% |
50 SHEN | NGN 63,067.29 | NGN 62,426.60 | +1.03% |
100 SHEN | NGN 126,134.58 | NGN 124,853.21 | +1.03% |
500 SHEN | NGN 630,672.88 | NGN 624,266.04 | +1.03% |
1,000 SHEN | NGN 1,261,345.75 | NGN 1,248,532.07 | +1.03% |
Today vs. 1 month ago
Amount | Today at 12:02 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SHEN | NGN 630.67 | NGN 643.16 | -1.94% |
1 SHEN | NGN 1,261.35 | NGN 1,286.32 | -1.94% |
5 SHEN | NGN 6,306.73 | NGN 6,431.60 | -1.94% |
10 SHEN | NGN 12,613.46 | NGN 12,863.19 | -1.94% |
50 SHEN | NGN 63,067.29 | NGN 64,315.97 | -1.94% |
100 SHEN | NGN 126,134.58 | NGN 128,631.95 | -1.94% |
500 SHEN | NGN 630,672.88 | NGN 643,159.74 | -1.94% |
1,000 SHEN | NGN 1,261,345.75 | NGN 1,286,319.48 | -1.94% |
Today vs. 1 year ago
Amount | Today at 12:02 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SHEN | NGN 630.67 | NGN 394.32 | +59.94% |
1 SHEN | NGN 1,261.35 | NGN 788.64 | +59.94% |
5 SHEN | NGN 6,306.73 | NGN 3,943.21 | +59.94% |
10 SHEN | NGN 12,613.46 | NGN 7,886.42 | +59.94% |
50 SHEN | NGN 63,067.29 | NGN 39,432.09 | +59.94% |
100 SHEN | NGN 126,134.58 | NGN 78,864.19 | +59.94% |
500 SHEN | NGN 630,672.88 | NGN 394,320.95 | +59.94% |
1,000 SHEN | NGN 1,261,345.75 | NGN 788,641.89 | +59.94% |
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