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DAO Maker to Australian Dollar Converter and calculator

Convert 1DAO Maker (DAO) to Australian Dollar (AUD) equals $ 1.08 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of DAO Maker(DAO) to Australian Dollar(AUD). This is the real-time data. The current conversion shows 1 DAO at a value of 1 DAO for 1.08 AUD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

AUD information

About the AUD Dollar

What Is the AUD Dollar?

The AUD dollar, symbolized as $ and sometimes abbreviated as A$ or AU$ to distinguish it from other dollar-denominated currencies, including its external territories. It is also the official currency of three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. As of 2022, the AUD is the sixth most-traded currency in the foreign exchange market and the seventh most-held reserve currency globally.

The AUD dollar plays a crucial role in the country's economy, being the primary medium of exchange and a significant tool in monetary policy. The manages the currency, including influencing interest rates and controlling inflation.

What Is the History of AUD?

The AUD dollar was introduced on 14 February 1966, replacing the non-decimal pound at a rate of two dollars to the pound (A£1 = A$2). This change marked a significant shift in monetary system, moving away from the British pound and establishing a unique currency identity. The decision for decimalization followed extensive public consultation and consideration of various names for the new currency, with "dollar" being chosen over "royal." The symbol $ was originally intended to have two strokes, but the version with one stroke has also always been acceptable.

Coins and Banknotes of AUD

AUD includes coins of various denominations, with the 50-cent coin being one of the largest used in the world today. The Royal Mint in Canberra produces these coins. The first series of AUD dollar banknotes was issued in 1966, and the first country to introduce polymer banknotes in 1988, known for their durability and advanced security features. The current banknotes feature prominent figures and are known for their distinct colors and innovative security features.

The current denominations include coins of 5, 10, 20, 50 cents, and 1 and 2 dollars. The banknotes in circulation are in denominations of 5, 10, 20, 50, and 100 dollars.

Exchange Rates and Economic Influence

Historically, the AUD dollar was pegged to the British pound and later the US dollar under the Bretton Woods system. However, since the floatation of the currency in 1983, its value has been determined by the balance of payments and market demand. The dollar's value is significantly influenced by the country's trade balance, primarily driven by commodity exports. It has experienced various highs and lows against major currencies, reflecting global economic trends and economic performance.

AUD’s Price History

The AUD has experienced various fluctuations in its history. Before 1983, maintained a fixed exchange rate. Since being floated in December 1983, the AUD's value has been determined by the balance of payments and market demand. Its value has seen highs and lows, influenced by global economic conditions, commodity prices, and trade relationships, particularly with China.

The AUD reached its highest valuation during this era on September 9, 1973, at US$1.4875.

As of January 2024, it traded around US$0.68

Global Standing

The AUD dollar is a popular choice among currency traders due to stable economy, high interest rates, and minimal government intervention in the foreign exchange market. It is considered a reserve currency and is one of the most traded currencies worldwide, offering diversification benefits in global portfolios, especially due to its exposure to Asian economies and the commodities cycle.

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Bitget crypto-to-fiat exchange data shows that the most popular DAO Maker currency pair is the DAO to AUD, with for DAO Maker's currency code being DAO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AUD.

DAO to AUD conversion rate trend

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In the past 1D, DAO Maker has changed -4.22% to AUD. Based on the trend and price charts, DAO Maker(DAO) has changed -4.22% to AUD while Australian Dollar(AUD) has changed % to DAO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$1.1
0.0001% / 0.0004%vip-iconVIP
OKX
$1.08
0.080% / 0.100%
Yes
Huobi
$1.07
0.1000% / 0.1000%
Yes
Gate.io
$1.08
0.1000% / 0.1000%
Yes
KuCoin
$1.08
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 22:00:19(UTC+0)

How to buy DAO Maker

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Buy DAO Maker (DAO)
Use a variety of payment options to buy DAO Maker on Bitget. We'll show you how.

What factors influence the conversion rate of DAO Maker to Australian Dollar?

DAO Maker to Australian Dollar is falling this week.
DAO Maker's current market price is $ 1.08 per DAO, with a total market cap of $ 161,798,361.73 AUD based on a circulating supply of 149,996,690 DAO. The trading volume of DAO Maker has changed by +109.62% ($ 5,704,167.96 AUD) in the last 24 hours. Last trading day, DAO's trading volume was $ 5,203,550.02.
Market cap
$107.65M
24h volume
$7.26M
Circulating supply
150.00M DAO

Conversion tables

The exchange rate of DAO Maker is decreasing.
1 DAO is currently valued at $ 1.08 AUD , which means buying 5 DAO will cost $ 5.39 AUD . Similarly, $1 AUD can be traded for 0.9271 DAO, and $50 AUD can be converted to 46.35 DAO, excluding any platform or gas fees.
The exchange rate of 1 DAO to Australian Dollar has changed by -2.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.22%, reaching a high of 1.13 AUD and a low of 1.07 AUD . One month ago, the value of 1 DAO was $ 1.38 AUD , which represents a -22.06% change from its current value. Over the last year, DAO Maker has changed by
-$
0.6055AUD
, resulting in a change of -35.95% in its value.

DAO to AUD

Amount
22:45 today
0.5 DAO
$0.5393
1 DAO
$1.08
5 DAO
$5.39
10 DAO
$10.79
50 DAO
$53.93
100 DAO
$107.87
500 DAO
$539.34
1000 DAO
$1,078.68

AUD to DAO

Amount22:45 today
0.5AUD0.4635  DAO
1AUD0.9271  DAO
5AUD4.64  DAO
10AUD9.27  DAO
50AUD46.35  DAO
100AUD92.71  DAO
500AUD463.53  DAO
1000AUD927.06  DAO
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Today vs. 24 hours ago

Amount22:45 today24 hours ago24h change
0.5 DAO$0.3588$0.3746
-4.22%
1 DAO$0.7177$0.7493
-4.22%
5 DAO$3.59$3.75
-4.22%
10 DAO$7.18$7.49
-4.22%
50 DAO$35.88$37.46
-4.22%
100 DAO$71.77$74.93
-4.22%
500 DAO$358.84$374.64
-4.22%
1000 DAO$717.68$749.28
-4.22%

Today vs. 1 month ago

Amount22:45 today1 month ago1M change
0.5 DAO$0.3588$0.4604
-22.06%
1 DAO$0.7177$0.9208
-22.06%
5 DAO$3.59$4.6
-22.06%
10 DAO$7.18$9.21
-22.06%
50 DAO$35.88$46.04
-22.06%
100 DAO$71.77$92.08
-22.06%
500 DAO$358.84$460.39
-22.06%
1000 DAO$717.68$920.78
-22.06%
Buy DAO Maker for 1 AUD
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Today vs. 1 year ago

Amount22:45 today1 year ago1Y change
0.5 DAO$0.3588$0.5603
-35.95%
1 DAO$0.7177$1.12
-35.95%
5 DAO$3.59$5.6
-35.95%
10 DAO$7.18$11.21
-35.95%
50 DAO$35.88$56.03
-35.95%
100 DAO$71.77$112.06
-35.95%
500 DAO$358.84$560.29
-35.95%
1000 DAO$717.68$1,120.58
-35.95%

DAO Maker price prediction

What will the price of DAO be in 2025?

Based on DAO's historical price performance prediction model, the price of DAO is projected to reach $1.23 in 2025.

What will the price of DAO be in 2030?

In 2030, the DAO price is expected to rise by +5.00%. By the end of 2030, the DAO price is projected to reach $2.13, with a cumulative ROI of +196.13%.
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Buy DAO Maker for 1 AUD
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between DAO Maker and AUD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as DAO Maker and AUD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of DAO Maker in AUD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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 Bitget 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 Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.