Convert Gram Platinum GRAMP to South African Rand ZAR

GRAMP to ZAR: 1 Gram Platinum converts to ZAR 850.70 ZAR as of July 9 at 6:46 PM

ZAR
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About Gram Platinum

Gram Platinum is climbing this week. The current price of Gram Platinum is ZAR 850.70 per GRAMP. With a circulating supply of 0 GRAMP, it means that Gram Platinum has a total market cap of ZAR 0.00. The amount of Gram Platinum traded has fallen by -ZAR 5,582.73 in the last 24 hours, which is a 56.47% decrease. Additionally, in the last day, ZAR 9,887.03 worth of GRAMP has been traded.

The exchange rate of Gram Platinum is increasing. The current value of 1 GRAMP is ZAR 850.70 ZAR. In other words, to buy 5 Gram Platinum, it would cost you ZAR 4,253.52 ZAR. Inversely, ZAR 1.00 ZAR would allow you to trade for 0.001175 GRAMP while ZAR 50.00 ZAR would convert to 0.05877 GRAMP, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.45%. Meanwhile, in the last 24 hours, the rate has changed by 1.85%, which means that the highest exchange rate of 1 GRAMP to ZAR was ZAR 860.02 ZAR and the lowest 24 hour value was 1 GRAMP for ZAR 837.88 ZAR. Last month, 1 GRAMP was worth ZAR 914.94 ZAR. Today, it's down 5.91%. Looking back a year, Gram Platinum has changed by ZAR 776.28 ZAR. That means that in a single year, the value of Gram Platinum has grown by 19.04%.

Gram Platinum Market Stats

Launched in November 2022, Gram Platinum Token (GRAMP) is an asset-backed token redeemable 1:1 for 1 gram of platinum. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by platinum on the blockchain at a 1:1 ratio and indexed to the price of platinum. For every GRAMP created, an equivalent amount of physical platinum is held as collateral in the company's reserves. GRAMP 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 geographical boundaries. Unlike platinum transaction limits in the market, there are no minimum transaction limits for GRAMP transactions. GRAMP transactions are executed instantly and any amount of GRAMP tokens can be converted to fiat currencies, ensuring quick and efficient transactions. GRAMP 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 the demand for GRAMP tokens increases, the Token Teknoloji Anonim Şirketi will add the equivalent amount of physical grams of platinum to its reserves for each GRAMP token upon the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between grams of platinum and GRAMP is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of GRAMP tokens from circulation when needed, ensuring a balance between GRAMP and the gram of platinum. Thanks to this mint-and-burn mechanism, the price of GRAMP is always in equilibrium with the price of the physical gram of platinum.

ZAR 850.70Price
ZAR 0Market cap
ZAR 9.89KVolume (24h)
0 GRAMPCir. Supply

Conversion tables

GRAMP to ZAR values from Today at 6:46 pm

0.5 GRAMP = ZAR 425.35 ZAR
1 GRAMP = ZAR 850.70 ZAR
5 GRAMP = ZAR 4,253.52 ZAR
10 GRAMP = ZAR 8,507.04 ZAR
50 GRAMP = ZAR 42,535.22 ZAR
100 GRAMP = ZAR 85,070.44 ZAR
500 GRAMP = ZAR 425,352.19 ZAR
1,000 GRAMP = ZAR 850,704.38 ZAR

ZAR to GRAMP values from Today at

ZAR 0.50 ZAR = 0.0005877 GRAMP
ZAR 1.00 ZAR = 0.001175 GRAMP
ZAR 5.00 ZAR = 0.005877 GRAMP
ZAR 10.00 ZAR = 0.01175 GRAMP
ZAR 50.00 ZAR = 0.05877 GRAMP
ZAR 100.00 ZAR = 0.1175 GRAMP
ZAR 500.00 ZAR = 0.5877 GRAMP
ZAR 1,000.00 ZAR = 1.18 GRAMP

GRAMP to ZAR over time

GRAMP
Today
24H
1.38%
1M
-7.55%
1Y
8.75%
0.5 GRAMP
ZAR 425.35 ZAR
ZAR 419.48 ZAR
ZAR 457.47 ZAR
ZAR 388.14 ZAR
1 GRAMP
ZAR 850.70 ZAR
ZAR 838.96 ZAR
ZAR 914.94 ZAR
ZAR 776.28 ZAR
5 GRAMP
ZAR 4,253.52 ZAR
ZAR 4,194.80 ZAR
ZAR 4,574.69 ZAR
ZAR 3,881.41 ZAR
10 GRAMP
ZAR 8,507.04 ZAR
ZAR 8,389.60 ZAR
ZAR 9,149.37 ZAR
ZAR 7,762.83 ZAR
50 GRAMP
ZAR 42,535.22 ZAR
ZAR 41,948.00 ZAR
ZAR 45,746.85 ZAR
ZAR 38,814.13 ZAR
100 GRAMP
ZAR 85,070.44 ZAR
ZAR 83,896.01 ZAR
ZAR 91,493.71 ZAR
ZAR 77,628.25 ZAR
500 GRAMP
ZAR 425,352.19 ZAR
ZAR 419,480.05 ZAR
ZAR 457,468.53 ZAR
ZAR 388,141.26 ZAR
1,000 GRAMP
ZAR 850,704.38 ZAR
ZAR 838,960.09 ZAR
ZAR 914,937.07 ZAR
ZAR 776,282.52 ZAR

Frequently asked questions

Right now, 1 Gram Platinum is worth about ZAR 850.70.

Based on the current rate, you could get 0.001175 GRAMP for 1 ZAR.

Gram Platinum price has been on the rise. Since yesterday, the exchange rate of Gram Platinum has increased. Since last month, the exchange rate of Gram Platinum has decreased. Since this time last year, the price of Gram Platinum has increased.

You can use our GRAMP to ZAR calculator at the top of this page to convert any amount of GRAMP to ZAR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 0.005877 GRAMP. Inversely, 5 GRAMP will cost about ZAR 4,253.52

Gram Platinum can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gram Platinum.

There are a number of crypto assets that have the a similar or comparable market cap to Gram Platinum, including Autonio, LocalCoinSwap, and EncrypGen. For a more robust list of assets to explore, jump to the asset page dedicated to Gram Platinum.

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