Mento Nigerian Naira vs Tether
Tether (USDT) is 3136473.7× the size of Mento Nigerian Naira (NGNM) by market capitalisation. NGNM has been the more volatile of the two, at 11% annualised against USDT's 1%.
- Size ratio
- 1 : 3136473.7
Tether (USDT) is 3136473.7× the size of Mento Nigerian Naira (NGNM) by market capitalisation. NGNM has been the more volatile of the two, at 11% annualised against USDT's 1%.
NGNMUSDT
| Metric | NGNM | USDT |
|---|---|---|
| Max drawdown (400d) | -2.6% | -0.2% |
| Risk-adjusted return (90d) | 0.75 | 0.03 |
Relative strength over 90 days: NGNM outperformed USDT by 2.4% — measured on the NGNM/USDT ratio, so it holds regardless of market direction.