Convert Algorand ALGO to Dai DAI
ALGO to DAI: 1 Algorand converts to 0.12 DAI as of December 14 at 4:12 AM
About ALGO and DAI
Algorand is climbing, while Dai is falling this week. The current ALGO to DAI conversion rate is 0.12. Inversely, this means that if you convert 1 DAI you will get 8.14 ALGO. The conversion rate of ALGO/DAI has decreased by 0.45% in the last hour (DAI/ALGO increased by 0.45%). In the last 24 hours, ALGO/DAI grew by 0.78%, while DAI/ALGO shrunk by the same amount.
The exchange rate of Algorand is increasing. The current value of 1 ALGO is 0.12 DAI. In other words, to buy 5 Algorand, it would cost you 0.61 DAI. Inversely, 1 DAI would allow you to trade for 8.14 ALGO while 50 DAI would convert to 406.81 ALGO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.68%. Meanwhile, in the last 24 hours, the rate has changed by 0.73%, and that the highest exchange rate of 1 ALGO to DAI was 0.12 DAI and the lowest 24 hour value was 1 ALGO for 0.12 DAI. Last month, 1 ALGO was worth 0.16 DAI. Today, it's down 33.57%. Looking back a year, Algorand has changed by 0.43 DAI. That means that in a single year, the value of Algorand has shrank by 251.38%.
Algorand Market Stats
Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion tables
ALGO to DAI values from Today at 4:12 am
0.5 ALGO = 0.0615 DAI |
1 ALGO = 0.12 DAI |
5 ALGO = 0.61 DAI |
10 ALGO = 1.23 DAI |
50 ALGO = 6.15 DAI |
100 ALGO = 12.29 DAI |
500 ALGO = 61.45 DAI |
1,000 ALGO = 122.91 DAI |
DAI to ALGO values from Today at 4:12 am
0.5 DAI = 4.07 ALGO |
1 DAI = 8.14 ALGO |
5 DAI = 40.68 ALGO |
10 DAI = 81.36 ALGO |
50 DAI = 406.81 ALGO |
100 DAI = 813.63 ALGO |
500 DAI = 4,068.14 ALGO |
1,000 DAI = 8,136.29 ALGO |
ALGO to DAI over time
ALGO | Today | 24H 0.73% | 1M -33.57% | 1Y -251.38% |
|---|---|---|---|---|
0.5 ALGO | 0.0615 DAI | 0.0610 DAI | 0.0821 DAI | 0.22 DAI |
1 ALGO | 0.12 DAI | 0.12 DAI | 0.16 DAI | 0.43 DAI |
5 ALGO | 0.61 DAI | 0.61 DAI | 0.82 DAI | 2.16 DAI |
10 ALGO | 1.23 DAI | 1.22 DAI | 1.64 DAI | 4.32 DAI |
50 ALGO | 6.15 DAI | 6.10 DAI | 8.21 DAI | 21.59 DAI |
100 ALGO | 12.29 DAI | 12.20 DAI | 16.42 DAI | 43.19 DAI |
500 ALGO | 61.45 DAI | 61.00 DAI | 82.08 DAI | 215.94 DAI |
1,000 ALGO | 122.91 DAI | 122.01 DAI | 164.17 DAI | 431.87 DAI |
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Frequently asked questions
How much is 1 Algorand in USD?
Right now, 1 Algorand is worth about $0.12.
How much ALGO could I buy for 1 USD?
Based on the current rate, you could get 8.14 ALGO for 1 USD.
How much has the price of Algorand changed?
Algorand price has been on the rise. Since yesterday, the exchange rate of Algorand has increased. Since last month, the exchange rate of Algorand has decreased. Since this time last year, the price of Algorand has decreased.
How do I calculate or convert ALGO to USD?
You can use our ALGO to USD calculator at the top of this page to convert any amount of ALGO to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 40.68 ALGO. Inversely, 5 ALGO will cost about $0.61
How can I buy 1 Algorand on Coinbase?
Algorand is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Algorand.
What are assets similar to Algorand that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Algorand, including OFFICIAL TRUMP, Cosmos, and Arbitrum. For a more robust list of assets to explore, jump to the asset page dedicated to Algorand.
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Create a Coinbase account to buy and sell Algorand on the most secure crypto exchange.
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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 Coinbase 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 Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.