Convert Dai DAI to Algorand ALGO
DAI to ALGO: 1 Dai converts to 5.23 ALGO as of June 8 at 3:58 PM
Dai (DAI) is not tradable on Coinbase.
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About DAI and ALGO
Dai is climbing, while Algorand is falling this week. The current DAI to ALGO conversion rate is 5.23. Inversely, this means that if you convert 1 ALGO you will get 0.19 DAI. The conversion rate of DAI/ALGO has decreased by 0.39% in the last hour (ALGO/DAI increased by 0.39%). In the last 24 hours, DAI/ALGO grew by 0.34%, while ALGO/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 5.23 ALGO. In other words, to buy 5 Dai, it would cost you 26.17 ALGO. Inversely, 1 ALGO would allow you to trade for 0.19 DAI while 50 ALGO would convert to 9.55 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.29%. Meanwhile, in the last 24 hours, the rate has changed by 0.35%, which means that the highest exchange rate of 1 DAI to ALGO was 5.36 ALGO and the lowest 24 hour value was 1 DAI for 5.19 ALGO. Last month, 1 DAI was worth 4.63 ALGO. Today, it's up 11.58%. Looking back a year, Dai has changed by 5.87 ALGO. That means that in a single year, the value of Dai has shrank by 12.09%.
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.
Conversion tables
DAI to ALGO values from Today at 3:57 pm
0.5 DAI = 2.62 ALGO |
1 DAI = 5.23 ALGO |
5 DAI = 26.17 ALGO |
10 DAI = 52.33 ALGO |
50 DAI = 261.66 ALGO |
100 DAI = 523.33 ALGO |
500 DAI = 2,616.64 ALGO |
1,000 DAI = 5,233.28 ALGO |
ALGO to DAI values from Today at 3:57 pm
0.5 ALGO = 0.0955 DAI |
1 ALGO = 0.19 DAI |
5 ALGO = 0.96 DAI |
10 ALGO = 1.91 DAI |
50 ALGO = 9.55 DAI |
100 ALGO = 19.11 DAI |
500 ALGO = 95.54 DAI |
1,000 ALGO = 191.08 DAI |
DAI to ALGO over time
DAI | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 DAI | 2.62 ALGO | 2.61 ALGO | 2.31 ALGO | 2.93 ALGO |
1 DAI | 5.23 ALGO | 5.21 ALGO | 4.63 ALGO | 5.87 ALGO |
5 DAI | 26.17 ALGO | 26.07 ALGO | 23.14 ALGO | 29.33 ALGO |
10 DAI | 52.33 ALGO | 52.15 ALGO | 46.27 ALGO | 58.66 ALGO |
50 DAI | 261.66 ALGO | 260.74 ALGO | 231.37 ALGO | 293.30 ALGO |
100 DAI | 523.33 ALGO | 521.49 ALGO | 462.75 ALGO | 586.59 ALGO |
500 DAI | 2,616.64 ALGO | 2,607.43 ALGO | 2,313.74 ALGO | 2,932.97 ALGO |
1,000 DAI | 5,233.28 ALGO | 5,214.86 ALGO | 4,627.49 ALGO | 5,865.94 ALGO |
Frequently asked questions
How much is 1 Dai in ALGO?
Right now, 1 Dai is worth about 5.24 ALGO.
How much DAI could I buy for 1 ALGO?
Based on the current rate, you could get 0.19 DAI for 1 ALGO.
How do I calculate or convert DAI to ALGO?
You can use our DAI to ALGO calculator at the top of this page to convert any amount of DAI to ALGO. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ALGO is equivalent to 0.95 DAI. Inversely, 5 DAI will cost about 26.18 ALGO.
How can I buy 1 Dai on Coinbase?
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
What are assets similar to Dai that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Bitget Token, Pepe, and Pi. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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