About DAI and ID
Dai is falling, while Everest is climbing this week. The current DAI to ID conversion rate is 113.52. Inversely, this means that if you convert 1 ID you will get 0.008809 DAI. The conversion rate of DAI/ID has decreased by 0.15% in the last hour (ID/DAI increased by 0.15%). In the last 24 hours, DAI/ID shrunk by 11.29%, while ID/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 113.52 ID. In other words, to buy 5 Dai, it would cost you 567.61 ID. Inversely, 1 ID would allow you to trade for 0.008809 DAI while 50 ID would convert to 0.4404 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 15.48%. Meanwhile, in the last 24 hours, the rate has changed by 11.46%, which means that the highest exchange rate of 1 DAI to ID was 126.55 ID and the lowest 24 hour value was 1 DAI for 113.45 ID. Last month, 1 DAI was worth 106.78 ID. Today, it's up 5.94%. Looking back a year, Dai has changed by 70.55 ID. That means that in a single year, the value of Dai has grown by 37.86%.
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.
Everest Market Stats
Everest is a decentralized platform for a new economy, incorporating a massively scalable payment solution with a multi-currency wallet, and digital + biometric identity.
Conversion tables
DAI to ID values from Today at 3:45 pm
0.5 DAI = 56.76 ID |
1 DAI = 113.52 ID |
5 DAI = 567.61 ID |
10 DAI = 1,135.22 ID |
50 DAI = 5,676.09 ID |
100 DAI = 11,352.18 ID |
500 DAI = 56,760.89 ID |
1,000 DAI = 113,521.79 ID |
ID to DAI values from Today at 3:45 pm
0.5 ID = 0.004404 DAI |
1 ID = 0.008809 DAI |
5 ID = 0.04404 DAI |
10 ID = 0.08809 DAI |
50 ID = 0.4404 DAI |
100 ID = 0.8809 DAI |
500 ID = 4.40 DAI |
1,000 ID = 8.81 DAI |
DAI to ID over time
DAI | Today | 24H -11.46% | 1M 5.94% | 1Y 37.86% |
|---|---|---|---|---|
0.5 DAI | 56.76 ID | 63.27 ID | 53.39 ID | 35.27 ID |
1 DAI | 113.52 ID | 126.53 ID | 106.78 ID | 70.55 ID |
5 DAI | 567.61 ID | 632.66 ID | 533.89 ID | 352.73 ID |
10 DAI | 1,135.22 ID | 1,265.33 ID | 1,067.78 ID | 705.47 ID |
50 DAI | 5,676.09 ID | 6,326.64 ID | 5,338.88 ID | 3,527.34 ID |
100 DAI | 11,352.18 ID | 12,653.28 ID | 10,677.76 ID | 7,054.67 ID |
500 DAI | 56,760.89 ID | 63,266.42 ID | 53,388.80 ID | 35,273.37 ID |
1,000 DAI | 113,521.79 ID | 126,532.84 ID | 106,777.60 ID | 70,546.75 ID |
Frequently asked questions
Right now, 1 Dai is worth about ₹95.94.
Based on the current rate, you could get 0.01042 DAI for 1 INR.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has decreased.
You can use our DAI to INR calculator at the top of this page to convert any amount of DAI to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.05212 DAI. Inversely, 5 DAI will cost about ₹479.68
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.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including NEAR Protocol, Litecoin, and Ethena USDe. For a more robust list of assets to explore, jump to the asset page dedicated to 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.