![](https://dynamic-assets.coinbase.com/5b074571de93117db5a388c2da2886a4afc31cb502e1f9991d11e8ff4781dba3e1d93585406f1588f0931bb4526bd2a1525adebfef9e1b857c2a37b0c238bba7/asset_icons/b25f65b03472c5317219a1369cbcea59825a7bc6e79085539056bdb04a02cfea.png)
RAI/NGN: Convert Rai Reflex Index (RAI) to Nigerian Naira (NGN)
1 Rai Reflex Index equals NGN 4,313.93 Nigerian Naira
Last update: 2:25 AM, June 28, 2024
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Overview
About Rai Reflex Index (RAI)
Please note: Whilst this token may be described as a ‘stable’ asset its value is not designed to be pegged to any fiat currency (e.g. Pounds Sterling or US dollars) and its price may therefore fluctuate. This token relies on complex algorithmic arrangements and is collateralised by Ether (ETH), meaning its value could decline or become volatile. Please visit https://www.coinbase.com/asset-risks for more information on asset risks. RAI is an Ethereum token. The RAI-USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de- or re-valuing it. The supply and demand mechanic plays out between two parties: SAFE users (those who generate RAI with their ETH) and RAI holders (those who hold, speculate on or use RAI in other protocols and apps).
Resources
Rai Reflex Index Markets
Rai Reflex Index is falling this week.
The current price of Rai Reflex Index is NGN 4,313.93 per RAI. With a circulating supply of 1,660,650.511 RAI, it means that Rai Reflex Index has a total market cap of NGN 7,261,990,089.07. The amount of Rai Reflex Index traded has risen by NGN 151,841,965.12 in the last 24 hours, which is a 69.15% increase. Additionally, in the last day, NGN 219,569,470.13 worth of RAI has been traded.
Market cap
$7.3B
Volume (24h)
$219.6M
Circulating supply
1.7M RAI
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FAQ
How much is 1 Rai Reflex Index in NGN?
Right now, 1 Rai Reflex Index is worth about NGN 4,313.93.
How much RAI could I buy for 1 NGN?
Based on the current rate, you could get 0.000232 RAI for 1 NGN.
How much has the price of Rai Reflex Index changed?
Rai Reflex Index price has been on the rise. Since yesterday, the exchange rate of Rai Reflex Index has increased. Since last month, the exchange rate of Rai Reflex Index has increased. Since this time last year, the price of Rai Reflex Index has increased.
How do I calculate or convert RAI to NGN?
You can use our RAI to NGN calculator at the top of this page to convert any amount of RAI to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.0012 RAI. Inversely, 5 RAI will cost about 21,569.6675 NGN.
How can I buy 1 Rai Reflex Index on Coinbase?
Rai Reflex Index is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Rai Reflex Index.
What are assets similar to Rai Reflex Index that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Rai Reflex Index, including Bitcoin Atom, Geeq, and LUCA. For a more robust list of assets to explore, jump to the asset page dedicated to Rai Reflex Index.
Conversion tables
The exchange rate of Rai Reflex Index is decreasing.
The current value of 1 RAI is NGN 4,313.93 NGN. In other words, to buy 5 Rai Reflex Index, it would cost you NGN 21,569.67 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000232 RAI while NGN 50.00 NGN would convert to 0.011590 RAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.49%. Meanwhile, in the last 24 hours, the rate has changed by 0.5%, which means that the the highest exchange rate of 1 RAI to Nigerian Naira was 2.84 NGN and the lowest 24 hour value was 1 RAI for 2.75 NGN. This time last month, the value of 1 RAI was NGN 4,229.95 NGN, which is a 1.99% increase from where it is now. Looking back a year, Rai Reflex Index has changed by -NGN 83.99 NGN.
RAI to NGN
Amount | Today at 2:25 am |
---|---|
0.5 RAI | NGN 2,156.97 |
1 RAI | NGN 4,313.93 |
5 RAI | NGN 21,569.67 |
10 RAI | NGN 43,139.34 |
50 RAI | NGN 215,696.68 |
100 RAI | NGN 431,393.35 |
500 RAI | NGN 2,156,966.75 |
1,000 RAI | NGN 4,313,933.50 |
NGN to RAI
Amount | Today at 2:25 am |
---|---|
0.5 NGN | 0.000116 RAI |
1 NGN | 0.000232 RAI |
5 NGN | 0.0012 RAI |
10 NGN | 0.0023 RAI |
50 NGN | 0.0116 RAI |
100 NGN | 0.0232 RAI |
500 NGN | 0.12 RAI |
1,000 NGN | 0.23 RAI |
Today vs. 24 hours ago
Amount | Today at 2:25 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 RAI | NGN 2,156.97 | NGN 2,146.34 | +0.50% |
1 RAI | NGN 4,313.93 | NGN 4,292.68 | +0.50% |
5 RAI | NGN 21,569.67 | NGN 21,463.42 | +0.50% |
10 RAI | NGN 43,139.34 | NGN 42,926.83 | +0.50% |
50 RAI | NGN 215,696.68 | NGN 214,634.15 | +0.50% |
100 RAI | NGN 431,393.35 | NGN 429,268.31 | +0.50% |
500 RAI | NGN 2,156,966.75 | NGN 2,146,341.54 | +0.50% |
1,000 RAI | NGN 4,313,933.50 | NGN 4,292,683.07 | +0.50% |
Today vs. 1 month ago
Amount | Today at 2:25 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 RAI | NGN 2,156.97 | NGN 2,114.97 | +1.99% |
1 RAI | NGN 4,313.93 | NGN 4,229.95 | +1.99% |
5 RAI | NGN 21,569.67 | NGN 21,149.73 | +1.99% |
10 RAI | NGN 43,139.34 | NGN 42,299.45 | +1.99% |
50 RAI | NGN 215,696.68 | NGN 211,497.27 | +1.99% |
100 RAI | NGN 431,393.35 | NGN 422,994.54 | +1.99% |
500 RAI | NGN 2,156,966.75 | NGN 2,114,972.71 | +1.99% |
1,000 RAI | NGN 4,313,933.50 | NGN 4,229,945.42 | +1.99% |
Today vs. 1 year ago
Amount | Today at 2:25 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 RAI | NGN 2,156.97 | NGN 2,114.97 | +1.99% |
1 RAI | NGN 4,313.93 | NGN 4,229.95 | +1.99% |
5 RAI | NGN 21,569.67 | NGN 21,149.73 | +1.99% |
10 RAI | NGN 43,139.34 | NGN 42,299.45 | +1.99% |
50 RAI | NGN 215,696.68 | NGN 211,497.27 | +1.99% |
100 RAI | NGN 431,393.35 | NGN 422,994.54 | +1.99% |
500 RAI | NGN 2,156,966.75 | NGN 2,114,972.71 | +1.99% |
1,000 RAI | NGN 4,313,933.50 | NGN 4,229,945.42 | +1.99% |
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Injective to the NGN
![Logo for Lido DAO Token](https://dynamic-assets.coinbase.com/193afd28d9fdd7063c3a2b59bafe71f9da9fdac21df4269c8605f50505db7c68f11afb41005e45949c285da217d7df498f6c0e67df68287f23a3ce0d400e37ce/asset_icons/0a586f56b146b6ceb1f09565a62309b1f7f838c5a6139fe9779dde52342aed8a.png)
Lido DAO Token to the NGN
![Logo for Forta](https://dynamic-assets.coinbase.com/218c89b4af238f3638203829a2ed877f53f0fd29c85d47c0ab0396a6e3df9b8b6ad0a334f4094035009a04780b655a261f3d8646ebc58bf44273ee043fb8c10e/asset_icons/2ab6a8cb41a45251593712953b1dd6569ca460a93d5182aba1dcce6e520884d9.png)
Forta to the NGN
![Logo for Braintrust](https://dynamic-assets.coinbase.com/c6fbaf218584baca987a5176d49c8cf1df025d3c2d30ac7593bad0cfcc72ee2366ddae60712593ee0227010d8efde9bbe0af33d72bd693bbbea60a364c34f2db/asset_icons/a9736f252e016fc2fc1d79cd1080bf15237edae4e8a0602a3ad6e4e47bec45bc.png)
Braintrust to the NGN
![Logo for Adventure Gold](https://dynamic-assets.coinbase.com/3fb79adb9d7d27b641011b991552a24d670a27998431693fae87fb574eb3f8bb6a212374d20624ec32ca9d27ce9c8abfab940d11bdc09a1ebc7ede2de529d884/asset_icons/172ff51d83f568a93348708e3c42bbd2e4191b7008b95a25abe091bb4c14eaf7.png)
Adventure Gold to the NGN
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