Convert Dai DAI to Algorand ALGO
DAI to ALGO: 1 Dai converts to 8.14 ALGO as of December 14 at 4:09 AM
About DAI and ALGO
Dai is falling, while Algorand is climbing this week. The current DAI to ALGO conversion rate is 8.14. Inversely, this means that if you convert 1 ALGO you will get 0.12 DAI. The conversion rate of DAI/ALGO has increased by 0.73% in the last hour (ALGO/DAI decreased by 0.73%). In the last 24 hours, DAI/ALGO shrunk by 0.41%, while ALGO/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 8.14 ALGO. In other words, to buy 5 Dai, it would cost you 40.68 ALGO. Inversely, 1 ALGO would allow you to trade for 0.12 DAI while 50 ALGO would convert to 6.15 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.83%. Meanwhile, in the last 24 hours, the rate has changed by 0.74%, which means that the highest exchange rate of 1 DAI to ALGO was 8.30 ALGO and the lowest 24 hour value was 1 DAI for 8.10 ALGO. Last month, 1 DAI was worth 6.09 ALGO. Today, it's up 25.13%. Looking back a year, Dai has changed by 2.32 ALGO. That means that in a single year, the value of Dai has grown by 71.54%.
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.
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.
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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
DAI to ALGO values from Today at 4:08 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 values from Today at 4:08 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 over time
DAI | Today | 24H -0.74% | 1M 25.13% | 1Y 71.54% |
|---|---|---|---|---|
0.5 DAI | 4.07 ALGO | 4.10 ALGO | 3.05 ALGO | 1.16 ALGO |
1 DAI | 8.14 ALGO | 8.20 ALGO | 6.09 ALGO | 2.32 ALGO |
5 DAI | 40.68 ALGO | 40.98 ALGO | 30.46 ALGO | 11.58 ALGO |
10 DAI | 81.36 ALGO | 81.96 ALGO | 60.91 ALGO | 23.16 ALGO |
50 DAI | 406.81 ALGO | 409.82 ALGO | 304.57 ALGO | 115.78 ALGO |
100 DAI | 813.63 ALGO | 819.63 ALGO | 609.14 ALGO | 231.55 ALGO |
500 DAI | 4,068.14 ALGO | 4,098.16 ALGO | 3,045.69 ALGO | 1,157.75 ALGO |
1,000 DAI | 8,136.29 ALGO | 8,196.31 ALGO | 6,091.38 ALGO | 2,315.50 ALGO |
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Frequently asked questions
How much is 1 Dai in USD?
Right now, 1 Dai is worth about $1.00.
How much DAI could I buy for 1 USD?
Based on the current rate, you could get 1 DAI for 1 USD.
How do I calculate or convert DAI to USD?
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5 DAI. Inversely, 5 DAI will cost about $5.00
How can I buy 1 Dai on Coinbase?
Dai is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Dai.
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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.