Convert and Swap SHIBA INU SHIB to Australian Dollar AUD
SHIB/AUD: 1 SHIBA INU equals A$0.000034 AUD
Last update: 6:13 AM, December 23, 2024
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SHIBA INU is falling this week.
The current price of SHIBA INU is A$0.000034 per SHIB. With a circulating supply of 589,255,475,176,361.6 SHIB, it means that SHIBA INU has a total market cap of A$20,351,783,035.47. The amount of SHIBA INU traded has fallen by A$350,974,823.75 in the last 24 hours, which is a 33.82% decrease. Additionally, in the last day, A$1,037,627,199.27 worth of SHIB has been traded.
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About SHIBA INU
Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.
SHIBA INU (SHIB) is a decentralized, community-driven cryptocurrency that has captured the attention of millions worldwide. Launched in late 2020, this Ethereum-based token has rapidly grown into a global phenomenon. SHIB is unique in its approach to decentralization, aiming to operate without central leadership. The token was created under the pseudonym "Ryoshi" who, much like Bitcoin's elusive creator, remains largely unknown. Ryoshi's vision for SHIBA INU was to test if a decentralized organization could function effectively without a central figurehead, a concept that has resonated with a vast community of holders.
SHIBA INU operates as an ERC-20 token based on the Ethereum blockchain, a proof-of-work system transitioning to proof-of-stake. The token's supply was initially divided, with 50% locked on Uniswap and the remaining 50% sent to Ethereum co-founder Vitalik Buterin. In a surprising move, Buterin donated a significant portion of his SHIB tokens to a Covid relief fund and burned the rest, effectively removing them from circulation. This act of burning tokens is a common practice in the crypto world, aiming to reduce the total supply of tokens and potentially increase their value. SHIBA INU also has its own decentralized exchange, ShibaSwap, where users can trade between tokens.
SHIBA INU seeks to establish itself as more than just a token. It aims to create an entire ecosystem, with plans to develop SHI, an algorithmic stablecoin pegged to one cent. This could potentially serve as a global exchange of value, providing a store of value and method of payment for users worldwide. SHIBA INU also has its own decentralized exchange, ShibaSwap, and plans to develop a financial ecosystem where SHI would be added as a weighted pool pair. Furthermore, SHIBA INU is increasingly being adopted as a form of payment by retailers, demonstrating its growing acceptance and utility in the real world.
SHIBA INU was created anonymously in August 2020 under the pseudonym "Ryoshi." The token quickly gained traction, attracting a community of investors drawn to its unique approach to decentralization and its charming dog-themed branding. In mid-2021, Ryoshi stepped away from the project, leaving the token entirely in the hands of the community. This move was in line with Ryoshi's original vision for SHIBA INU, which was to test if a decentralized organization could function without central leadership. Despite initial skepticism, the experiment proved successful, and SHIBA INU has since grown into a global phenomenon, with a community of millions of holders worldwide.
How SHIBA INU and Australian Dollar differ
The SHIBA INU (SHIB) and the Australian Dollar (AUD) are two distinct forms of currency, each with its own unique characteristics. SHIBA INU is a decentralized, community-driven cryptocurrency that operates on the Ethereum blockchain, striving to function without central leadership. Launched in 2020, it has rapidly grown into a global phenomenon, with its creator, known only as "Ryoshi", remaining largely unknown. SHIBA INU aims to establish an entire ecosystem, with plans to develop an algorithmic stablecoin pegged to one cent, potentially serving as a global exchange of value. On the other hand, the Australian Dollar is a traditional, centralized form of currency, regulated by the Reserve Bank of Australia. It is a physical currency, used for everyday transactions in Australia, and its value is influenced by factors such as inflation, interest rates, and the country's economic performance. Unlike SHIBA INU, the AUD does not operate on a blockchain, nor does it aim to create a decentralized financial ecosystem.
Frequently asked questions
How much is 1 SHIBA INU in AUD?
Right now, 1 SHIBA INU is worth about A$0.000034.
How much SHIB could I buy for 1 AUD?
Based on the current rate, you could get 29,169.69 SHIB for 1 AUD.
How much has the price of SHIBA INU changed?
SHIBA INU price has been on the rise. Since yesterday, the exchange rate of SHIBA INU has increased. Since last month, the exchange rate of SHIBA INU has decreased. Since this time last year, the price of SHIBA INU has increased.
How do I calculate or convert SHIB to AUD?
You can use our SHIB to AUD calculator at the top of this page to convert any amount of SHIB to AUD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AUD is equivalent to 145,848.46 SHIB. Inversely, 5 SHIB will cost about A$0.000171
How can I buy 1 SHIBA INU on Coinbase?
SHIBA INU is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy SHIBA INU.
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SHIB to Australian Dollar conversion tables
The exchange rate of SHIBA INU is increasing.
The current value of 1 SHIB is A$0.00 AUD. In other words, to buy 5 SHIBA INU, it would cost you A$0.00 AUD. Inversely, A$1.00 AUD would allow you to trade for 29,169.69 SHIB while A$50.00 AUD would convert to 1,458,484.61 SHIB, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 21.09%. Meanwhile, in the last 24 hours, the rate has changed by 1.31%, and that the the highest exchange rate of 1 SHIB to Australian Dollar was A$0.000036 AUD and the lowest 24 hour value was 1 SHIB for A$0.000034 AUD. This time last month, the value of 1 SHIB was A$0.00 AUD, which is a 18.98% increase from where it is now. Looking back a year, SHIBA INU has changed by A$0.00 AUD.
SHIB to AUD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
A$0.000034 AUD | 1.31% | A$0.000043 AUD | -21.09% | A$0.000041 AUD | -18.98% | A$0.000016 AUD | 93.82% |
SHIB to AUD
Amount | Today at 6:13 am |
|---|---|
0.5 SHIB | A$0.000017 |
1 SHIB | A$0.000034 |
5 SHIB | A$0.000171 |
10 SHIB | A$0.000343 |
50 SHIB | A$0.001714 |
100 SHIB | A$0.003428 |
500 SHIB | A$0.017141 |
1,000 SHIB | A$0.034282 |
AUD to SHIB
Amount | Today at 6:13 am |
|---|---|
0.5 AUD | 14,584.85 SHIB |
1 AUD | 29,169.69 SHIB |
5 AUD | 145,848.46 SHIB |
10 AUD | 291,696.92 SHIB |
50 AUD | 1,458,484.61 SHIB |
100 AUD | 2,916,969.22 SHIB |
500 AUD | 14,584,846.11 SHIB |
1,000 AUD | 29,169,692.22 SHIB |
Today vs. 24 hours ago
Amount | Today at 6:13 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SHIB | A$0.000017 | A$0.000017 | +0.37% |
1 SHIB | A$0.000034 | A$0.000034 | +0.37% |
5 SHIB | A$0.000171 | A$0.000171 | +0.37% |
10 SHIB | A$0.000343 | A$0.000342 | +0.37% |
50 SHIB | A$0.0017 | A$0.0017 | +0.37% |
100 SHIB | A$0.0034 | A$0.0034 | +0.37% |
500 SHIB | A$0.0171 | A$0.0171 | +0.37% |
1,000 SHIB | A$0.0343 | A$0.0342 | +0.37% |
Today vs. 1 month ago
Amount | Today at 6:13 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SHIB | A$0.000017 | A$0.000021 | -19.78% |
1 SHIB | A$0.000034 | A$0.000043 | -19.78% |
5 SHIB | A$0.000171 | A$0.000214 | -19.78% |
10 SHIB | A$0.000343 | A$0.000427 | -19.78% |
50 SHIB | A$0.0017 | A$0.0021 | -19.78% |
100 SHIB | A$0.0034 | A$0.0043 | -19.78% |
500 SHIB | A$0.0171 | A$0.0214 | -19.78% |
1,000 SHIB | A$0.0343 | A$0.0427 | -19.78% |
Today vs. 1 year ago
Amount | Today at 6:13 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SHIB | A$0.000017 | A$0.00000883 | +94.14% |
1 SHIB | A$0.000034 | A$0.000018 | +94.14% |
5 SHIB | A$0.000171 | A$0.000088 | +94.14% |
10 SHIB | A$0.000343 | A$0.000177 | +94.14% |
50 SHIB | A$0.0017 | A$0.000883 | +94.14% |
100 SHIB | A$0.0034 | A$0.0018 | +94.14% |
500 SHIB | A$0.0171 | A$0.0088 | +94.14% |
1,000 SHIB | A$0.0343 | A$0.0177 | +94.14% |
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Create a Coinbase account to buy and sell SHIBA INU on the most secure crypto exchange.
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