About DAI and NGM
Dai is falling, while e-Money is climbing this week. The current DAI to NGM conversion rate is 190.51. Inversely, this means that if you convert 1 NGM you will get 0.005249 DAI. The conversion rate of DAI/NGM has increased by 0.19% in the last hour (NGM/DAI decreased by 0.19%). In the last 24 hours, DAI/NGM shrunk by 2.04%, while NGM/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 190.51 NGM. In other words, to buy 5 Dai, it would cost you 952.57 NGM. Inversely, 1 NGM would allow you to trade for 0.005249 DAI while 50 NGM would convert to 0.2624 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 24.89%. Meanwhile, in the last 24 hours, the rate has changed by 2.09%, and that the highest exchange rate of 1 DAI to NGM was 195.09 NGM and the lowest 24 hour value was 1 DAI for 189.48 NGM. Last month, 1 DAI was worth 154.45 NGM. Today, it's up 18.93%. Looking back a year, Dai has changed by 47.11 NGM. That means that in a single year, the value of Dai has grown by 75.27%.
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.
e-Money Market Stats
e-Money stablecoins are a further stage in the development of collateralized stablecoins, but with some great advantages of their own which truly set them apart. Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros and the eUSD stablecoin is collateralized by US dollars. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.
Conversion tables
DAI to NGM values from Today at 4:57 pm
0.5 DAI = 95.26 NGM |
1 DAI = 190.51 NGM |
5 DAI = 952.57 NGM |
10 DAI = 1,905.15 NGM |
50 DAI = 9,525.73 NGM |
100 DAI = 19,051.46 NGM |
500 DAI = 95,257.30 NGM |
1,000 DAI = 190,514.60 NGM |
NGM to DAI values from Today at 4:59 pm
0.5 NGM = 0.002624 DAI |
1 NGM = 0.005249 DAI |
5 NGM = 0.02624 DAI |
10 NGM = 0.05249 DAI |
50 NGM = 0.2624 DAI |
100 NGM = 0.5249 DAI |
500 NGM = 2.62 DAI |
1,000 NGM = 5.25 DAI |
DAI to NGM over time
DAI | Today | 24H -2.09% | 1M 18.93% | 1Y 75.27% |
|---|---|---|---|---|
0.5 DAI | 95.26 NGM | 97.24 NGM | 77.22 NGM | 23.55 NGM |
1 DAI | 190.51 NGM | 194.49 NGM | 154.45 NGM | 47.11 NGM |
5 DAI | 952.57 NGM | 972.44 NGM | 772.23 NGM | 235.53 NGM |
10 DAI | 1,905.15 NGM | 1,944.89 NGM | 1,544.46 NGM | 471.06 NGM |
50 DAI | 9,525.73 NGM | 9,724.43 NGM | 7,722.28 NGM | 2,355.29 NGM |
100 DAI | 19,051.46 NGM | 19,448.85 NGM | 15,444.57 NGM | 4,710.57 NGM |
500 DAI | 95,257.30 NGM | 97,244.27 NGM | 77,222.84 NGM | 23,552.87 NGM |
1,000 DAI | 190,514.60 NGM | 194,488.55 NGM | 154,445.68 NGM | 47,105.73 NGM |
Frequently asked questions
Right now, 1 Dai is worth about $0.9996.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has decreased. Since this time last year, the price of Dai has decreased.
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 5.00 DAI. Inversely, 5 DAI will cost about $5.00
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.
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