Convert CETES tokenized stablebonds (Etherfuse) CETES to Nigerian Naira NGN

CETES to NGN: 1 CETES tokenized stablebonds (Etherfuse) converts to NGN 89.04 NGN as of April 4 at 12:16 AM

NGN
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About CETES tokenized stablebonds (Etherfuse)

CETES tokenized stablebonds (Etherfuse) is climbing this week. The current price of CETES tokenized stablebonds (Etherfuse) is NGN 89.04 per CETES. With a circulating supply of 1,135,417.223 CETES, it means that CETES tokenized stablebonds (Etherfuse) has a total market cap of NGN 100,871,129.45. The amount of CETES tokenized stablebonds (Etherfuse) traded has fallen by -NGN 16,512.31 in the last 24 hours, which is a 99.83% decrease. Additionally, in the last day, NGN 16,539.64 worth of CETES has been traded.

The exchange rate of CETES tokenized stablebonds (Etherfuse) is increasing. The current value of 1 CETES is NGN 89.04 NGN. In other words, to buy 5 CETES tokenized stablebonds (Etherfuse), it would cost you NGN 445.19 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.01123 CETES while NGN 50.00 NGN would convert to 0.5616 CETES, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 1.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, which means that the highest exchange rate of 1 CETES to NGN was NGN 89.17 NGN and the lowest 24 hour value was 1 CETES for NGN 88.94 NGN. Last month, 1 CETES was worth NGN 89.93 NGN. Today, it's down 1.09%. Looking back a year, CETES tokenized stablebonds (Etherfuse) has changed by NGN 81.65 NGN. That means that in a single year, the value of CETES tokenized stablebonds (Etherfuse) has grown by 21.21%.

CETES tokenized stablebonds (Etherfuse) Market Stats

Etherfuse is a blockchain-based platform that tokenizes real-world assets, specifically sovereign debt. The platform is designed to expand access to financial products by bridging traditional finance (TradFi) and decentralized finance (DeFi). Integrating traditional instruments with blockchain infrastructure enabling assets that look like fiat, act like a bond, and move like crypto. - Stablebonds: Yield-bearing tokens representing fractional ownership of government treasury bonds. Each Stablebond is backed 1:1 by the underlying sovereign bond, with interest generated from the bond continuously compounding into the token's price; yield is realized by the holder upon redemption. - Sovereign Coins: A new class of digital currencies backed by government debt through Stablebonds. While traditional stablecoins are backed by fiat reserves, Sovereign Coins are backed by Stablebonds, maintaining a 1:1 peg to the local currency; unlike Stablebonds, they are non-yielding and designed for transactional use rather than savings. How Does Etherfuse Ensure Investor Security? Etherfuse uses a three-pronged approach to ensure investor security: regulatory compliance, asset segregation, and third-party verification. Regulatory Compliance: All products and services offered by Etherfuse operate legally in Mexico pursuant to CNBV Resolution P090/2024, which determined that its tokens do not require prior authorization — making Etherfuse the first and only Mexican blockchain company with regulatory clarity to engage the general public. Etherfuse also holds a mandate to perform brokerage activities in the securities market, including executing purchase and sale orders and providing custody, administration, and deposit services for all collateralized assets. Asset Segregation: Regulatory requirements and internal policy require a strict distinction between Etherfuse's own investment accounts and customer funds, ensuring all financial transactions are segregated. Additionally, each asset is registered under Swiss law through the Swiss DLT Act, providing a bankruptcy-remote structure that legally segregates customer assets from Etherfuse's own holdings. Third-Party Verification: All of this information is attested to through third-party firms which generate a Proof of Reserves report verifying that the funds held by Etherfuse match the funds owed to users, as well as the custodian breakdown of assets. All AML audit results and smart contract audit results are publicly available through the Etherfuse Platform.

NGN 89.04Price
NGN 100.87MMarket cap
NGN 16.54KVolume (24h)
1.1M CETESCir. Supply

Conversion tables

CETES to NGN values from Today at 12:16 am

0.5 CETES = NGN 44.52 NGN
1 CETES = NGN 89.04 NGN
5 CETES = NGN 445.19 NGN
10 CETES = NGN 890.39 NGN
50 CETES = NGN 4,451.93 NGN
100 CETES = NGN 8,903.86 NGN
500 CETES = NGN 44,519.28 NGN
1,000 CETES = NGN 89,038.57 NGN

NGN to CETES values from Today at

NGN 0.50 NGN = 0.005616 CETES
NGN 1.00 NGN = 0.01123 CETES
NGN 5.00 NGN = 0.05616 CETES
NGN 10.00 NGN = 0.1123 CETES
NGN 50.00 NGN = 0.5616 CETES
NGN 100.00 NGN = 1.12 CETES
NGN 500.00 NGN = 5.62 CETES
NGN 1,000.00 NGN = 11.23 CETES

CETES to NGN over time

CETES
Today
24H
-0.14%
1M
-1.00%
1Y
8.30%
0.5 CETES
NGN 44.52 NGN
NGN 44.58 NGN
NGN 44.96 NGN
NGN 40.83 NGN
1 CETES
NGN 89.04 NGN
NGN 89.16 NGN
NGN 89.93 NGN
NGN 81.65 NGN
5 CETES
NGN 445.19 NGN
NGN 445.82 NGN
NGN 449.63 NGN
NGN 408.25 NGN
10 CETES
NGN 890.39 NGN
NGN 891.65 NGN
NGN 899.25 NGN
NGN 816.50 NGN
50 CETES
NGN 4,451.93 NGN
NGN 4,458.25 NGN
NGN 4,496.27 NGN
NGN 4,082.51 NGN
100 CETES
NGN 8,903.86 NGN
NGN 8,916.50 NGN
NGN 8,992.54 NGN
NGN 8,165.02 NGN
500 CETES
NGN 44,519.28 NGN
NGN 44,582.48 NGN
NGN 44,962.69 NGN
NGN 40,825.08 NGN
1,000 CETES
NGN 89,038.57 NGN
NGN 89,164.96 NGN
NGN 89,925.38 NGN
NGN 81,650.17 NGN

Frequently asked questions

Right now, 1 CETES tokenized stablebonds (Etherfuse) is worth about NGN 89.04.

Based on the current rate, you could get 0.01123 CETES for 1 NGN.

CETES tokenized stablebonds (Etherfuse) price has been on the rise. Since yesterday, the exchange rate of CETES tokenized stablebonds (Etherfuse) has increased. Since last month, the exchange rate of CETES tokenized stablebonds (Etherfuse) has decreased. Since this time last year, the price of CETES tokenized stablebonds (Etherfuse) has increased.

You can use our CETES to NGN calculator at the top of this page to convert any amount of CETES to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.05616 CETES. Inversely, 5 CETES will cost about NGN 445.19

CETES tokenized stablebonds (Etherfuse) can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy CETES tokenized stablebonds (Etherfuse).

There are a number of crypto assets that have the a similar or comparable market cap to CETES tokenized stablebonds (Etherfuse), including Omni, Dragon Crypto Aurum, and [Fake] Wrapped COINBASE. For a more robust list of assets to explore, jump to the asset page dedicated to CETES tokenized stablebonds (Etherfuse).

Buy CETES tokenized stablebonds (Etherfuse) with Coinbase Wallet

Create a Coinbase account to buy and sell CETES tokenized stablebonds (Etherfuse) on the most secure crypto exchange.

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