About Dai
Dai is falling this week. The current price of Dai is MAD 9.35 per DAI. With a circulating supply of 2,165,993.272 DAI, it means that Dai has a total market cap of MAD 20,226,111.82. The amount of Dai traded has fallen by -MAD 16,918.19 in the last 24 hours, which is a 1.60% decrease. Additionally, in the last day, MAD 1,059,157.51 worth of DAI has been traded.
The exchange rate of Dai is decreasing. The current value of 1 DAI is MAD 9.35 MAD. In other words, to buy 5 Dai, it would cost you MAD 46.73 MAD. Inversely, MAD 1.00 MAD would allow you to trade for 0.107 DAI while MAD 50.00 MAD would convert to 5.35 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 DAI to MAD was MAD 9.37 MAD and the lowest 24 hour value was 1 DAI for MAD 9.34 MAD. Last month, 1 DAI was worth MAD 9.19 MAD. Today, it's down 0.01%. Looking back a year, Dai has changed by MAD 9.00 MAD. That means that in a single year, the value of Dai has shrank by 0.03%.
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.
Conversion tables
MAD to DAI values from Today at
MAD 0.50 MAD = 0.0535 DAI |
MAD 1.00 MAD = 0.107 DAI |
MAD 5.00 MAD = 0.535 DAI |
MAD 10.00 MAD = 1.07 DAI |
MAD 50.00 MAD = 5.35 DAI |
MAD 100.00 MAD = 10.70 DAI |
MAD 500.00 MAD = 53.50 DAI |
MAD 1,000.00 MAD = 107.00 DAI |
DAI to MAD values from Today at 10:35 am
0.5 DAI = MAD 4.67 MAD |
1 DAI = MAD 9.35 MAD |
5 DAI = MAD 46.73 MAD |
10 DAI = MAD 93.46 MAD |
50 DAI = MAD 467.28 MAD |
100 DAI = MAD 934.55 MAD |
500 DAI = MAD 4,672.76 MAD |
1,000 DAI = MAD 9,345.53 MAD |
MAD to DAI over time
MAD | Today | 24H -10.69% | 1M -10.88% | 1Y -11.11% |
|---|---|---|---|---|
0.5 MAD | 0.0535 DAI | 0.05344 DAI | 0.0544 DAI | 0.05554 DAI |
1 MAD | 0.107 DAI | 0.1069 DAI | 0.1088 DAI | 0.1111 DAI |
5 MAD | 0.535 DAI | 0.5344 DAI | 0.544 DAI | 0.5554 DAI |
10 MAD | 1.07 DAI | 1.07 DAI | 1.09 DAI | 1.11 DAI |
50 MAD | 5.35 DAI | 5.34 DAI | 5.44 DAI | 5.55 DAI |
100 MAD | 10.70 DAI | 10.69 DAI | 10.88 DAI | 11.11 DAI |
500 MAD | 53.50 DAI | 53.44 DAI | 54.40 DAI | 55.54 DAI |
1,000 MAD | 107.00 DAI | 106.88 DAI | 108.79 DAI | 111.09 DAI |
Frequently asked questions
Right now, 1 Dai is worth about MAD 9.35.
Based on the current rate, you could get 0.107 DAI for 1 MAD.
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 MAD calculator at the top of this page to convert any amount of DAI to MAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MAD is equivalent to 0.535 DAI. Inversely, 5 DAI will cost about MAD 46.73
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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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.