About IB and DAI
Iron Bank is falling, while Dai is climbing this week. The current IB to DAI conversion rate is 0.1092. Inversely, this means that if you convert 1 DAI you will get 9.16 IB. The conversion rate of IB/DAI has decreased by 0% in the last hour (DAI/IB increased by 0%). In the last 24 hours, IB/DAI shrunk by 0.03%, while DAI/IB grew by the same amount.
The exchange rate of Iron Bank is decreasing. The current value of 1 IB is 0.1092 DAI. In other words, to buy 5 Iron Bank, it would cost you 0.5458 DAI. Inversely, 1 DAI would allow you to trade for 9.16 IB while 50 DAI would convert to 458.00 IB, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.82%. Meanwhile, in the last 24 hours, the rate has changed by 0.02%, which means that the highest exchange rate of 1 IB to DAI was 0.1093 DAI and the lowest 24 hour value was 1 IB for 0.109 DAI. Last month, 1 IB was worth 0.08172 DAI. Today, it's up 25.15%. Looking back a year, Iron Bank has changed by 0.4923 DAI. That means that in a single year, the value of Iron Bank has shrank by 350.91%.
Iron Bank Market Stats
Iron Bank is a decentralized lending platform focused on capital efficiency allowing protocols and individuals to supply and borrow cryptoassets.
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
IB to DAI values from Today at 1:52 pm
0.5 IB = 0.05458 DAI |
1 IB = 0.1092 DAI |
5 IB = 0.5458 DAI |
10 IB = 1.09 DAI |
50 IB = 5.46 DAI |
100 IB = 10.92 DAI |
500 IB = 54.58 DAI |
1,000 IB = 109.17 DAI |
DAI to IB values from Today at 1:51 pm
0.5 DAI = 4.58 IB |
1 DAI = 9.16 IB |
5 DAI = 45.80 IB |
10 DAI = 91.60 IB |
50 DAI = 458.00 IB |
100 DAI = 916.01 IB |
500 DAI = 4,580.04 IB |
1,000 DAI = 9,160.08 IB |
IB to DAI over time
IB | Today | 24H -0.02% | 1M 25.15% | 1Y -350.91% |
|---|---|---|---|---|
0.5 IB | 0.05458 DAI | 0.0546 DAI | 0.04086 DAI | 0.2461 DAI |
1 IB | 0.1092 DAI | 0.1092 DAI | 0.08172 DAI | 0.4923 DAI |
5 IB | 0.5458 DAI | 0.546 DAI | 0.4086 DAI | 2.46 DAI |
10 IB | 1.09 DAI | 1.09 DAI | 0.8172 DAI | 4.92 DAI |
50 IB | 5.46 DAI | 5.46 DAI | 4.09 DAI | 24.61 DAI |
100 IB | 10.92 DAI | 10.92 DAI | 8.17 DAI | 49.23 DAI |
500 IB | 54.58 DAI | 54.60 DAI | 40.86 DAI | 246.13 DAI |
1,000 IB | 109.17 DAI | 109.19 DAI | 81.72 DAI | 492.26 DAI |
Frequently asked questions
Right now, 1 Iron Bank is worth about MX$1.85.
Based on the current rate, you could get 0.5391 IB for 1 MXN.
You can use our IB to MXN calculator at the top of this page to convert any amount of IB to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 2.70 IB. Inversely, 5 IB will cost about MX$9.27
Iron Bank can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Iron Bank.
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