Convert Gram Gold GRAMG to Algerian Dinar DZD
GRAMG to DZD: 1 Gram Gold converts to DZD 17,876.06 DZD as of October 4 at 1:56 PM
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About Gram Gold
Gram Gold is climbing this week. The current price of Gram Gold is DZD 17,876.06 per GRAMG. With a circulating supply of 0 GRAMG, it means that Gram Gold has a total market cap of DZD 0.00. The amount of Gram Gold traded has fallen by -DZD 178,639.82 in the last 24 hours, which is a 30.67% decrease. Additionally, in the last day, DZD 582,388.26 worth of GRAMG has been traded.
The exchange rate of Gram Gold is increasing. The current value of 1 GRAMG is DZD 17,876.06 DZD. In other words, to buy 5 Gram Gold, it would cost you DZD 89,380.29 DZD. Inversely, DZD 1.00 DZD would allow you to trade for 0.00005594 GRAMG while DZD 50.00 DZD would convert to 0.002797 GRAMG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.1%. Meanwhile, in the last 24 hours, the rate has changed by 0.31%, and that the highest exchange rate of 1 GRAMG to DZD was DZD 17,928.43 DZD and the lowest 24 hour value was 1 GRAMG for DZD 17,831.84 DZD. Last month, 1 GRAMG was worth DZD 18,947.26 DZD. Today, it's down 6.13%. Looking back a year, Gram Gold has changed by DZD 16,105.63 DZD. That means that in a single year, the value of Gram Gold has grown by 7.32%.
Gram Gold Market Stats
Launched in November 2022, Gram Gold Token (GRAMG) is an asset-backed token redeemable 1:1 for 1 gram of gold. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by gold on the blockchain at a 1:1 ratio and indexed to the price of gold. For every GRAMG created, an equivalent amount of gold is held as collateral in the respective blockchain wallet. GRAMG provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of any geographical boundaries. Unlike gold transaction limits in the market, there is no minimum transaction limit for GRAMG transactions. GRAMG transactions are executed instantly and any amount of GRAMG tokens can be converted to fiat currencies, ensuring quick and efficient transactions. GRAMG is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As demand for GRAMG tokens increases, Token Teknoloji Anonim Şirketi shall add the corresponding amount of gold, indexed to the price of gold, to its reserves for every 1 GRAMG token at the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between gram gold and GRAMG is preserved while maintaining market supply and demand equilibrium. And a coin burn function is integrated within the blockchain's smart contract to remove a predetermined quantity of GRAMG tokens from circulation when necessary, ensuring a balance between GRAMG and gram gold. Thanks to this mint-and-burn mechanism, the price of GRAMG is always in equilibrium with that of the physical gram of gold.
Conversion tables
GRAMG to DZD values from Today at 1:56 pm
0.5 GRAMG = DZD 8,938.03 DZD |
1 GRAMG = DZD 17,876.06 DZD |
5 GRAMG = DZD 89,380.29 DZD |
10 GRAMG = DZD 178,760.59 DZD |
50 GRAMG = DZD 893,802.93 DZD |
100 GRAMG = DZD 1,787,605.86 DZD |
500 GRAMG = DZD 8,938,029.28 DZD |
1,000 GRAMG = DZD 17,876,058.55 DZD |
DZD to GRAMG values from Today at 2:03 am
DZD 0.50 DZD = 0.00002797 GRAMG |
DZD 1.00 DZD = 0.00005594 GRAMG |
DZD 5.00 DZD = 0.0002797 GRAMG |
DZD 10.00 DZD = 0.0005594 GRAMG |
DZD 50.00 DZD = 0.002797 GRAMG |
DZD 100.00 DZD = 0.005594 GRAMG |
DZD 500.00 DZD = 0.02797 GRAMG |
DZD 1,000.00 DZD = 0.05594 GRAMG |
GRAMG to DZD over time
GRAMG | Today | 24H 11.69% | 1M 6.16% | 1Y 20.24% |
|---|---|---|---|---|
0.5 GRAMG | DZD 8,938.03 DZD | DZD 8,915.97 DZD | DZD 9,473.63 DZD | DZD 8,052.82 DZD |
1 GRAMG | DZD 17,876.06 DZD | DZD 17,831.94 DZD | DZD 18,947.26 DZD | DZD 16,105.63 DZD |
5 GRAMG | DZD 89,380.29 DZD | DZD 89,159.71 DZD | DZD 94,736.31 DZD | DZD 80,528.16 DZD |
10 GRAMG | DZD 178,760.59 DZD | DZD 178,319.41 DZD | DZD 189,472.62 DZD | DZD 161,056.33 DZD |
50 GRAMG | DZD 893,802.93 DZD | DZD 891,597.07 DZD | DZD 947,363.08 DZD | DZD 805,281.65 DZD |
100 GRAMG | DZD 1,787,605.86 DZD | DZD 1,783,194.14 DZD | DZD 1,894,726.16 DZD | DZD 1,610,563.30 DZD |
500 GRAMG | DZD 8,938,029.28 DZD | DZD 8,915,970.72 DZD | DZD 9,473,630.81 DZD | DZD 8,052,816.50 DZD |
1,000 GRAMG | DZD 17,876,058.55 DZD | DZD 17,831,941.43 DZD | DZD 18,947,261.62 DZD | DZD 16,105,632.99 DZD |
Frequently asked questions
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