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CUSDO to NGN Converter and calculator

CUSDO/NGN: 1 CUSDO = 1,565.08 NGN. The price of converting 1 OpenEden Compounding OpenDollar (CUSDO) to Nigerian Naira (NGN) is 1,565.08 NGN today.
CUSDO
CUSDO
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides CUSDO to NGN real-time exchange rates, making it easy to convert OpenEden Compounding OpenDollar (CUSDO) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 CUSDO is currently valued at 1,565.08 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 CUSDO is currently valued at 1,565.08 NGN, which means buying 5 CUSDO would cost 7,825.41 NGN. Similarly, ₦1 NGN can be converted to 0.0006389 CUSDO, and ₦50 NGN can be converted to 0.003195 CUSDO, excluding any platform or gas fees.

Convert CUSDO to NGN

Convert NGN to CUSDO

OpenEden Compounding OpenDollar
Nigerian Naira
1 CUSDO
1,565.08  NGN
Exchange 1 CUSDO for 1,565.08 NGN
2 CUSDO
3,130.16  NGN
Exchange 2 CUSDO for 3,130.16 NGN
5 CUSDO
7,825.41  NGN
Exchange 5 CUSDO for 7,825.41 NGN
10 CUSDO
15,650.82  NGN
Exchange 10 CUSDO for 15,650.82 NGN
20 CUSDO
31,301.64  NGN
Exchange 20 CUSDO for 31,301.64 NGN
50 CUSDO
78,254.1  NGN
Exchange 50 CUSDO for 78,254.1 NGN
100 CUSDO
156,508.21  NGN
Exchange 100 CUSDO for 156,508.21 NGN
200 CUSDO
313,016.42  NGN
Exchange 200 CUSDO for 313,016.42 NGN
500 CUSDO
782,541.04  NGN
Exchange 500 CUSDO for 782,541.04 NGN
1000 CUSDO
1,565,082.08  NGN
Exchange 1000 CUSDO for 1,565,082.08 NGN
5000 CUSDO
7,825,410.39  NGN
Exchange 5000 CUSDO for 7,825,410.39 NGN
10000 CUSDO
15,650,820.78  NGN
Exchange 10000 CUSDO for 15,650,820.78 NGN
In the table above, you'll find a comprehensive CUSDO to NGN converter that shows the value of OpenEden Compounding OpenDollar in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 CUSDO to NGN, all the way up to 10000 CUSDO, providing a clear view of their respective values.
Nigerian Naira
OpenEden Compounding OpenDollar
1 NGN
0.0006389 CUSDO
Exchange 1 NGN for 0.0006389 CUSDO
10 NGN
0.006389 CUSDO
Exchange 10 NGN for 0.006389 CUSDO
50 NGN
0.03195 CUSDO
Exchange 50 NGN for 0.03195 CUSDO
100 NGN
0.06389 CUSDO
Exchange 100 NGN for 0.06389 CUSDO
200 NGN
0.1278 CUSDO
Exchange 200 NGN for 0.1278 CUSDO
500 NGN
0.3195 CUSDO
Exchange 500 NGN for 0.3195 CUSDO
1000 NGN
0.6389 CUSDO
Exchange 1000 NGN for 0.6389 CUSDO
2000 NGN
1.28 CUSDO
Exchange 2000 NGN for 1.28 CUSDO
5000 NGN
3.19 CUSDO
Exchange 5000 NGN for 3.19 CUSDO
10000 NGN
6.39 CUSDO
Exchange 10000 NGN for 6.39 CUSDO
50000 NGN
31.95 CUSDO
Exchange 50000 NGN for 31.95 CUSDO
100000 NGN
63.89 CUSDO
Exchange 100000 NGN for 63.89 CUSDO
In the table above, you'll find a comprehensive NGN to CUSDO converter that shows the value of Nigerian Naira in OpenEden Compounding OpenDollar across commonly used conversion amounts. The list covers conversions from 1 NGN to CUSDO, all the way up to 100000 NGN, providing a clear view of their respective values.

CUSDO to NGN chart

CUSDO/NGN: 1 CUSDO = 1,565.08 NGN; 2025/08/08 14:14:24
In the past 1D, OpenEden Compounding OpenDollar has changed +0.06% to NGN. Based on the trend and price charts, OpenEden Compounding OpenDollar(CUSDO) has changed +0.06% to NGN while Nigerian Naira(NGN) has changed % to CUSDO in the last 24 hours.
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CUSDO to NGN conversion data: Volatility and price changes of OpenEden Compounding OpenDollar in NGN

The highest OpenEden Compounding OpenDollar price in NGN over the past 7 days was 1,565.66 NGN while the lowest OpenEden Compounding OpenDollar price in NGN over the past 7 days was 1,561.14 NGN. The relative change between the highs and lows in OpenEden Compounding OpenDollar price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and CUSDO to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
1,565.66 NGN
1,565.66 NGN
1,582.45 NGN
1,589.49 NGN
Low
1,564.01 NGN
1,561.14 NGN
1,553.61 NGN
1,486.4 NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
+0.06%
+0.07%
+0.19%
+0.58%

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OpenEden Compounding OpenDollar information

CUSDO to NGN market statistics

CUSDO/NGN:
₦1,565.08
CUSDO 24h volume:
₦5,515,958,195.23
CUSDO market cap:
₦414,637,430,776.33
CUSDO circulating supply:
264.93M CUSDO

Current CUSDO to NGN exchange rate

OpenEden Compounding OpenDollar to Nigerian Naira is rising this week.
OpenEden Compounding OpenDollar's current market price is ₦1,565.08 per CUSDO, with a total market cap of ₦414,637,430,776.33 NGN based on a circulating supply of 264,930,130 CUSDO. The trading volume of OpenEden Compounding OpenDollar has changed by +417.89% (₦4,450,877,692.75 NGN) in the last 24 hours. Last trading day, CUSDO's trading volume was ₦1,065,080,502.47.

More info about OpenEden Compounding OpenDollar on Bitget

Nigerian Naira information

About the Nigerian Naira (NGN)

What Is the Nigerian Naira (NGN)?

The Nigerian Naira is the official currency of Nigeria, a country in West Africa. The Naira is symbolized by ₦ and has the currency code NGN. One Naira is divided into 100 Kobo. As Africa's largest economy, Nigerian Naira plays a crucial role both domestically and in the African financial landscape. The Nigerian Naira is the sole legal tender in Nigeria, and it is used for all transactions within the country.

The Nigerian Naira is issued by the Central Bank of Nigeria (CBN), which is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. The CBN is responsible for the design, production, and distribution of the currency, as well as for implementing monetary policy and maintaining the value of the Naira.

What Is the History of NGN?

The Nigerian Naira, introduced on January 1, 1973, marked a significant milestone in Nigeria's economic history, replacing the Nigerian pound at a rate of 2 Naira for 1 pound. This transition signified Nigeria's shift from the British pound sterling to a distinct and independent decimal currency system. The name 'Naira' was derived from 'Nigeria', symbolizing the nation's sovereignty in monetary matters. The initial series of banknotes and coins were the first to be issued by an independent Nigeria, with the coins being the last to feature Queen Elizabeth II, reflecting the country's colonial history.

Notes and Coins of NGN

The Nigerian Naira (NGN) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 50 Kobo, 1 Naira, and 2 Naira. Banknotes are issued in denominations of ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, and ₦1000.

What Is eNaira?

The eNaira is the first African central bank digital currency (CBDC). Launched on October 25, 2021, by President Muhammadu Buhari, the eNaira is issued and regulated by the Central Bank of Nigeria (CBN). It operates as a legal tender, just like physical Naira, but in a digital form, maintaining a one-to-one value with the traditional Naira. The eNaira aims to enhance financial inclusion, improve payment efficiency, and facilitate seamless cross-border transactions. It operates on a blockchain network, allowing peer-to-peer transactions without intermediaries, distinguishing itself from decentralized cryptocurrencies like Bitcoin by running on a private blockchain controlled by the CBN. Users access the eNaira through digital wallets, with transactions promising speed, reduced costs, and increased convenience.

Is NGN Pegged to GBP?

No, the Nigerian Naira (NGN) is not pegged to the British Pound Sterling (GBP). The Naira operates on a floating exchange rate system, where its value is determined by market forces based on supply and demand in the foreign exchange market.

Historically, Nigeria used the British Pound Sterling during its time as a British colony and for some years after gaining independence. However, in 1973, Nigeria introduced the Naira to replace the Pound Sterling and established its own monetary system. Since then, the Naira has not been pegged to the Pound Sterling or any other foreign currency but has been subject to fluctuations in the international currency markets.

Is NGN a Stable Currency?

The Nigerian Naira (NGN) has historically faced challenges regarding stability. The Naira had been experiencing significant fluctuations, largely due to factors such as political instability, economic challenges, and fluctuations in oil prices, which is a major revenue source for Nigeria. For instance, in 2021, the official exchange rate of the Naira to the US Dollar was around 380 NGN to 1 USD, while the parallel market rate was much higher, around 475 NGN to 1 USD. In June 2023, the Naira fell 23% in a day to a rate of ₦600 to US$1. This discrepancy indicates ongoing challenges in achieving currency stability.

Bitget crypto-to-fiat exchange data shows that the most popular OpenEden Compounding OpenDollar currency pair is the CUSDO to NGN, with for OpenEden Compounding OpenDollar's currency code being CUSDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

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How to convert CUSDO to NGN

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1 CUSDO to ¥7.34 CNY
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1 CUSDO to ₦1,565.08 NGN
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CUSDO to NGN Conversion tables

The exchange rate of OpenEden Compounding OpenDollar is increasing.
The exchange rate of 1 CUSDO to Nigerian Naira has changed by +0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.06%, reaching a high of 1,565.66 NGN and a low of 1,564.01 NGN . One month ago, the value of 1 CUSDO was ₦1,562.08 NGN , which represents a +0.19% change from its current value. Over the last year, OpenEden Compounding OpenDollar has changed by
+
33.68NGN
, resulting in a change of +0.17% in its value.
24 hours ago1 month ago1 year ago
Amount 14:14 today 24 hours ago 24h change
0.5 CUSDO
₦782.54₦782.11
+0.06%
1 CUSDO
₦1,565.08₦1,564.22
+0.06%
5 CUSDO
₦7,825.41₦7,821.09
+0.06%
10 CUSDO
₦15,650.82₦15,642.17
+0.06%
50 CUSDO
₦78,254.1₦78,210.85
+0.06%
100 CUSDO
₦156,508.21₦156,421.71
+0.06%
500 CUSDO
₦782,541.04₦782,108.54
+0.06%
1000 CUSDO
₦1,565,082.08₦1,564,217.08
+0.06%

CUSDO to NGN FAQ

How much is 1 OpenEden Compounding OpenDollar in NGN?
Right now, the price of 1 OpenEden Compounding OpenDollar (CUSDO) in Nigerian Naira (NGN) is ₦1,565.08.
How much CUSDO can I buy for 1 NGN?
Based on the current exchange rate, you can get 0.0006389 CUSDO for 1 NGN.
How do I calculate or convert CUSDO to NGN?
You can use our CUSDO to NGN calculator at the top of this page to convert any amount of CUSDO to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.003195 CUSDO, while 5 CUSDO will cost around 7,825.41NGN.
What is the highest price of CUSDO/NGN in history?
The all-time high price of 1 CUSDO in NGN is ₦1,589.49. It remains to be seen if the value of 1 CUSDO/NGN will exceed the current all-time high.
What is the price trend of OpenEden Compounding OpenDollar in NGN?
Over the past 7 days, the exchange rate of OpenEden Compounding OpenDollar (CUSDO) has gone up by 0.07%.   Over the last month, the exchange rate of OpenEden Compounding OpenDollar (CUSDO) has gone up by 0.19% against Nigerian Naira (NGN).

What factors influence the conversion rate of CUSDO to NGN?

There are many factors that affect the relationship between OpenEden Compounding OpenDollar and Nigerian Naira, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of CUSDO/NGN. When there is positive news in the market about the widespread adoption of CUSDO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of CUSDO/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in CUSDO/NGN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of CUSDO/NGN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of OpenEden Compounding OpenDollar and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular OpenEden Compounding OpenDollar currency pairs: CUSDO to US Dollar (USD), CUSDO to Euro (EUR), CUSDO to Pound Sterling (GBP), CUSDO to Canadian Dollar (CAD), CUSDO to Indian Rupee (INR), CUSDO to Pakistani Rupee (PKR), CUSDO to Brazilian Real (BRL), CUSDO to…
The price of OpenEden Compounding OpenDollar in the US is $1.02 USD. Additionally, OpenEden Compounding OpenDollar’s price is €0.8773 EUR in the eurozone, £0.7607 GBP in the UK, C$1.41 CAD in Canada, ₹89.51 INR in India, ₨289.75 PKR in Pakistan, R$5.55 BRL in Brazil, and more.
The most popular OpenEden Compounding OpenDollar currency pair is the CUSDO to Nigerian Naira(NGN). The price of 1 OpenEden Compounding OpenDollar (CUSDO) in Nigerian Naira (NGN) is ₦1,565.08.

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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 Bitget 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 Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.