Convert OUSG OUSG to Nigerian Naira NGN

OUSG to NGN: 1 OUSG converts to NGN 159,648.37 NGN as of July 12 at 1:44 AM

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About OUSG

OUSG is falling this week. The current price of OUSG is NGN 159,648.37 per OUSG. With a circulating supply of 3,522,486.53 OUSG, it means that OUSG has a total market cap of NGN 562,362,356,343.93. The amount of OUSG traded has fallen by NGN 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, NGN 0.00 worth of OUSG has been traded.

The exchange rate of OUSG is increasing. The current value of 1 OUSG is NGN 159,648.37 NGN. In other words, to buy 5 OUSG, it would cost you NGN 798,241.83 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000006264 OUSG while NGN 50.00 NGN would convert to 0.0003132 OUSG, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.07%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 OUSG to NGN was NGN 159,764.06 NGN and the lowest 24 hour value was 1 OUSG for NGN 159,604.11 NGN. Last month, 1 OUSG was worth NGN 156,898.79 NGN. Today, it's up 0.27%. Looking back a year, OUSG has changed by NGN 171,045.96 NGN. That means that in a single year, the value of OUSG has grown by 3.65%.

OUSG Market Stats

OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance. The significant majority of this portfolio is held in the iShares Short Treasury Bond ETF (NASDAQ: SHV). There is also a small portion of USDC and USD for liquidity purposes. OUSG brings exposure to the ‘risk-free’ US Treasury rate on-chain for the first time. OUSG is an investment option that delivers a stable and predictable return while offering deep liquidity. Ondo funds such as OUSG only ever invest into ETFs backed by secure, stable, and liquid securities; these are the same assets in which trillions of dollars are invested every day by the world's largest institutions. OUSG was developed alongside two other fund tokens, OSTB and OHYG, by Ondo Finance, a software development firm in DeFi. Ondo launched in August 2021. Its first product was Ondo Vaults, a structured finance protocol on Ethereum. Later that year, Ondo launched Liquidity-as-a-Service (LaaS), facilitating over $210M in total liquidity provided. As DeFi yields compressed in 2022, the Ondo team decided to sunset Vaults and LaaS (together, "Ondo V1") to focus on next-generation protocols. Ondo V2, including Ondo’s tokenized funds, were announced by Nathan Allman in January 2023. Ondo funds subsequently opened to subscriptions soon after. What can OUSG be Used For? For investors who pass KYC and AML screening and sign subscription documents, OUSG tokens represent ownership in the fund. Investors can transfer these tokens between each other to effect changes in fund ownership. Investors can also use smart contracts to facilitate their financial arrangements such as by engaging in lending and trading activities with each other. The tokens themselves have transfer restrictions that will ensure they do not end up in the hands of anyone not appropriately qualified as an investor in the fund.

NGN 159,648.37Price
NGN 562.36BMarket cap
NGN 0Volume (24h)
3.5M OUSGCir. Supply

Conversion tables

OUSG to NGN values from Today at 1:44 am

0.5 OUSG = NGN 79,824.18 NGN
1 OUSG = NGN 159,648.37 NGN
5 OUSG = NGN 798,241.83 NGN
10 OUSG = NGN 1,596,483.65 NGN
50 OUSG = NGN 7,982,418.26 NGN
100 OUSG = NGN 15,964,836.51 NGN
500 OUSG = NGN 79,824,182.56 NGN
1,000 OUSG = NGN 159,648,365.12 NGN

NGN to OUSG values from Today at

NGN 0.50 NGN = 0.000003132 OUSG
NGN 1.00 NGN = 0.000006264 OUSG
NGN 5.00 NGN = 0.00003132 OUSG
NGN 10.00 NGN = 0.00006264 OUSG
NGN 50.00 NGN = 0.0003132 OUSG
NGN 100.00 NGN = 0.0006264 OUSG
NGN 500.00 NGN = 0.003132 OUSG
NGN 1,000.00 NGN = 0.006264 OUSG

OUSG to NGN over time

OUSG
Today
24H
0.03%
1M
1.72%
1Y
-7.14%
0.5 OUSG
NGN 79,824.18 NGN
NGN 79,802.05 NGN
NGN 78,449.40 NGN
NGN 85,522.98 NGN
1 OUSG
NGN 159,648.37 NGN
NGN 159,604.11 NGN
NGN 156,898.79 NGN
NGN 171,045.96 NGN
5 OUSG
NGN 798,241.83 NGN
NGN 798,020.54 NGN
NGN 784,493.97 NGN
NGN 855,229.78 NGN
10 OUSG
NGN 1,596,483.65 NGN
NGN 1,596,041.09 NGN
NGN 1,568,987.94 NGN
NGN 1,710,459.56 NGN
50 OUSG
NGN 7,982,418.26 NGN
NGN 7,980,205.45 NGN
NGN 7,844,939.72 NGN
NGN 8,552,297.81 NGN
100 OUSG
NGN 15,964,836.51 NGN
NGN 15,960,410.90 NGN
NGN 15,689,879.43 NGN
NGN 17,104,595.61 NGN
500 OUSG
NGN 79,824,182.56 NGN
NGN 79,802,054.49 NGN
NGN 78,449,397.17 NGN
NGN 85,522,978.06 NGN
1,000 OUSG
NGN 159,648,365.12 NGN
NGN 159,604,108.97 NGN
NGN 156,898,794.33 NGN
NGN 171,045,956.11 NGN

Frequently asked questions

Right now, 1 OUSG is worth about NGN 159,648.37.

Based on the current rate, you could get 0.000006264 OUSG for 1 NGN.

You can use our OUSG to NGN calculator at the top of this page to convert any amount of OUSG to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.00003132 OUSG. Inversely, 5 OUSG will cost about NGN 798,241.83

OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.

There are a number of crypto assets that have the a similar or comparable market cap to OUSG, including Etherlink Bridged USDC (Etherlink), iAgent Protocol, and SKPANAX. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.

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