About RAI and DAI
Rai Reflex Index is climbing, while Dai is falling this week. The current RAI to DAI conversion rate is 2.12. Inversely, this means that if you convert 1 DAI you will get 0.472 RAI. The conversion rate of RAI/DAI has decreased by 0.04% in the last hour (DAI/RAI increased by 0.04%). In the last 24 hours, RAI/DAI grew by 5.63%, while DAI/RAI shrunk by the same amount.
The exchange rate of Rai Reflex Index is increasing. The current value of 1 RAI is 2.12 DAI. In other words, to buy 5 Rai Reflex Index, it would cost you 10.59 DAI. Inversely, 1 DAI would allow you to trade for 0.472 RAI while 50 DAI would convert to 23.60 RAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.41%. Meanwhile, in the last 24 hours, the rate has changed by 4.54%, which means that the highest exchange rate of 1 RAI to DAI was 2.14 DAI and the lowest 24 hour value was 1 RAI for 2.02 DAI. Last month, 1 RAI was worth 1.99 DAI. Today, it's up 6.01%. Looking back a year, Rai Reflex Index has changed by 2.93 DAI. That means that in a single year, the value of Rai Reflex Index has shrank by 38.36%.
Rai Reflex Index Market Stats
Please note: Whilst this token may be described as a ‘stable’ asset its value is not designed to be pegged to any fiat currency (e.g. Pounds Sterling or US dollars) and its price may therefore fluctuate. This token relies on complex algorithmic arrangements and is collateralised by Ether (ETH), meaning its value could decline or become volatile. Please visit https://www.coinbase.com/asset-risks for more information on asset risks. RAI is an Ethereum token. The RAI-USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de- or re-valuing it. The supply and demand mechanic plays out between two parties: SAFE users (those who generate RAI with their ETH) and RAI holders (those who hold, speculate on or use RAI in other protocols and apps).
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
RAI to DAI values from Today at 2:02 pm
0.5 RAI = 1.06 DAI |
1 RAI = 2.12 DAI |
5 RAI = 10.59 DAI |
10 RAI = 21.19 DAI |
50 RAI = 105.93 DAI |
100 RAI = 211.86 DAI |
500 RAI = 1,059.31 DAI |
1,000 RAI = 2,118.62 DAI |
DAI to RAI values from Today at 2:03 pm
0.5 DAI = 0.236 RAI |
1 DAI = 0.472 RAI |
5 DAI = 2.36 RAI |
10 DAI = 4.72 RAI |
50 DAI = 23.60 RAI |
100 DAI = 47.20 RAI |
500 DAI = 236.00 RAI |
1,000 DAI = 472.01 RAI |
RAI to DAI over time
RAI | Today | 24H 4.54% | 1M 6.01% | 1Y -38.36% |
|---|---|---|---|---|
0.5 RAI | 1.06 DAI | 1.01 DAI | 0.9956 DAI | 1.47 DAI |
1 RAI | 2.12 DAI | 2.02 DAI | 1.99 DAI | 2.93 DAI |
5 RAI | 10.59 DAI | 10.11 DAI | 9.96 DAI | 14.66 DAI |
10 RAI | 21.19 DAI | 20.22 DAI | 19.91 DAI | 29.31 DAI |
50 RAI | 105.93 DAI | 101.12 DAI | 99.56 DAI | 146.57 DAI |
100 RAI | 211.86 DAI | 202.25 DAI | 199.13 DAI | 293.14 DAI |
500 RAI | 1,059.31 DAI | 1,011.23 DAI | 995.64 DAI | 1,465.70 DAI |
1,000 RAI | 2,118.62 DAI | 2,022.46 DAI | 1,991.29 DAI | 2,931.39 DAI |
Frequently asked questions
Right now, 1 Rai Reflex Index is worth about $2.12.
Based on the current rate, you could get 0.4722 RAI for 1 USD.
Rai Reflex Index price has been on the rise. Since yesterday, the exchange rate of Rai Reflex Index has increased. Since last month, the exchange rate of Rai Reflex Index has increased. Since this time last year, the price of Rai Reflex Index has decreased.
You can use our RAI to USD calculator at the top of this page to convert any amount of RAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 2.36 RAI. Inversely, 5 RAI will cost about $10.59
Rai Reflex Index can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Rai Reflex Index.
There are a number of crypto assets that have the a similar or comparable market cap to Rai Reflex Index, including Dtec, Karate Combat, and Dero. For a more robust list of assets to explore, jump to the asset page dedicated to Rai Reflex Index.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.