RAI/ZAR: Convert Rai Reflex Index (RAI) to South African Rand (ZAR)
1 Rai Reflex Index equals ZAR 51.32 South African Rand
Last update: 6:49 PM, June 30, 2024
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Overview
About Rai Reflex Index (RAI)
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).
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Rai Reflex Index Markets
Rai Reflex Index is falling this week.
The current price of Rai Reflex Index is ZAR 51.32 per RAI. With a circulating supply of 1,660,271.544 RAI, it means that Rai Reflex Index has a total market cap of ZAR 85,506,560.82. The amount of Rai Reflex Index traded has fallen by ZAR 82,160.91 in the last 24 hours, which is a 6.37% decrease. Additionally, in the last day, ZAR 1,290,298.47 worth of RAI has been traded.
Market cap
$85.5M
Volume (24h)
$1.3M
Circulating supply
1.7M RAI
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FAQ
How much is 1 Rai Reflex Index in ZAR?
Right now, 1 Rai Reflex Index is worth about ZAR 51.32.
How much RAI could I buy for 1 ZAR?
Based on the current rate, you could get 0.0195 RAI for 1 ZAR.
How much has the price of Rai Reflex Index changed?
Rai Reflex Index price has been declining. Since yesterday, the exchange rate of Rai Reflex Index has decreased. Since last month, the exchange rate of Rai Reflex Index has decreased. Since this time last year, the price of Rai Reflex Index has increased.
How do I calculate or convert RAI to ZAR?
You can use our RAI to ZAR calculator at the top of this page to convert any amount of RAI to ZAR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 0.0974 RAI. Inversely, 5 RAI will cost about 256.5785 ZAR.
How can I buy 1 Rai Reflex Index on Coinbase?
Rai Reflex Index is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Rai Reflex Index.
What are assets similar to Rai Reflex Index that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Rai Reflex Index, including Bitcoin Atom, Geeq, and LUCA. For a more robust list of assets to explore, jump to the asset page dedicated to Rai Reflex Index.
Conversion tables
The exchange rate of Rai Reflex Index is decreasing.
The current value of 1 RAI is ZAR 51.32 ZAR. In other words, to buy 5 Rai Reflex Index, it would cost you ZAR 256.58 ZAR. Inversely, ZAR 1.00 ZAR would allow you to trade for 0.0195 RAI while ZAR 50.00 ZAR would convert to 0.9744 RAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.26%. Meanwhile, in the last 24 hours, the rate has changed by 0.46%, which means that the the highest exchange rate of 1 RAI to South African Rand was 2.87 ZAR and the lowest 24 hour value was 1 RAI for 2.8 ZAR. This time last month, the value of 1 RAI was ZAR 52.04 ZAR, which is a 1.4% increase from where it is now. Looking back a year, Rai Reflex Index has changed by -ZAR 1.82 ZAR.
RAI to ZAR
Amount | Today at 6:49 pm |
|---|---|
0.5 RAI | ZAR 25.66 |
1 RAI | ZAR 51.32 |
5 RAI | ZAR 256.58 |
10 RAI | ZAR 513.16 |
50 RAI | ZAR 2,565.78 |
100 RAI | ZAR 5,131.57 |
500 RAI | ZAR 25,657.85 |
1,000 RAI | ZAR 51,315.70 |
ZAR to RAI
Amount | Today at 6:49 pm |
|---|---|
0.5 ZAR | 0.0097 RAI |
1 ZAR | 0.0195 RAI |
5 ZAR | 0.0974 RAI |
10 ZAR | 0.19 RAI |
50 ZAR | 0.97 RAI |
100 ZAR | 1.95 RAI |
500 ZAR | 9.74 RAI |
1,000 ZAR | 19.49 RAI |
Today vs. 24 hours ago
Amount | Today at 6:49 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 RAI | ZAR 25.66 | ZAR 25.78 | -0.46% |
1 RAI | ZAR 51.32 | ZAR 51.55 | -0.46% |
5 RAI | ZAR 256.58 | ZAR 257.76 | -0.46% |
10 RAI | ZAR 513.16 | ZAR 515.52 | -0.46% |
50 RAI | ZAR 2,565.78 | ZAR 2,577.61 | -0.46% |
100 RAI | ZAR 5,131.57 | ZAR 5,155.22 | -0.46% |
500 RAI | ZAR 25,657.85 | ZAR 25,776.09 | -0.46% |
1,000 RAI | ZAR 51,315.70 | ZAR 51,552.18 | -0.46% |
Today vs. 1 month ago
Amount | Today at 6:49 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 RAI | ZAR 25.66 | ZAR 26.02 | -1.40% |
1 RAI | ZAR 51.32 | ZAR 52.04 | -1.40% |
5 RAI | ZAR 256.58 | ZAR 260.22 | -1.40% |
10 RAI | ZAR 513.16 | ZAR 520.44 | -1.40% |
50 RAI | ZAR 2,565.78 | ZAR 2,602.18 | -1.40% |
100 RAI | ZAR 5,131.57 | ZAR 5,204.36 | -1.40% |
500 RAI | ZAR 25,657.85 | ZAR 26,021.79 | -1.40% |
1,000 RAI | ZAR 51,315.70 | ZAR 52,043.58 | -1.40% |
Today vs. 1 year ago
Amount | Today at 6:49 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 RAI | ZAR 25.66 | ZAR 24.75 | +3.68% |
1 RAI | ZAR 51.32 | ZAR 49.50 | +3.68% |
5 RAI | ZAR 256.58 | ZAR 247.48 | +3.68% |
10 RAI | ZAR 513.16 | ZAR 494.96 | +3.68% |
50 RAI | ZAR 2,565.78 | ZAR 2,474.80 | +3.68% |
100 RAI | ZAR 5,131.57 | ZAR 4,949.60 | +3.68% |
500 RAI | ZAR 25,657.85 | ZAR 24,747.99 | +3.68% |
1,000 RAI | ZAR 51,315.70 | ZAR 49,495.99 | +3.68% |
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