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base info Kusama

Kusama to Australian Dollar Converter and calculator

Convert 1Kusama (KSM) to Australian Dollar (AUD) equals $ 46.89 | 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 Kusama(KSM) to Australian Dollar(AUD). This is the real-time data. The current conversion shows 1 KSM at a value of 1 KSM for 46.89 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 Kusama currency pair is the KSM to AUD, with for Kusama's currency code being KSM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AUD.

KSM to AUD conversion rate trend

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In the past 1D, Kusama has changed +8.19% to AUD. Based on the trend and price charts, Kusama(KSM) has changed +8.19% to AUD while Australian Dollar(AUD) has changed % to KSM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$46.95
0.0001% / 0.0004%vip-iconVIP
Binance
$47.06
0.1000% / 0.1000%
Yes
Coinbase Exchange
$26
0.1000% / 0.1000%
Yes
OKX
$47.03
0.080% / 0.100%
Yes
Huobi
$47.05
0.1000% / 0.1000%
Yes
Gate.io
$47.01
0.1000% / 0.1000%
Yes
Bybit
$47.04
0.1000% / 0.1000%
Yes
KuCoin
$47.07
0.1000% / 0.1000%
Yes
Bitfinex
$47.27
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 19:00:21(UTC+0)

How to buy Kusama

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

What factors influence the conversion rate of Kusama to Australian Dollar?

Kusama to Australian Dollar is rising this week.
Kusama's current market price is $ 46.89 per KSM, with a total market cap of $ 397,137,752.18 AUD based on a circulating supply of 8,470,098 KSM. The trading volume of Kusama has changed by -1.91% ($ -460,343.33 AUD) in the last 24 hours. Last trading day, KSM's trading volume was $ 24,140,926.5.
Market cap
$265.01M
24h volume
$15.80M
Circulating supply
8.47M KSM

Conversion tables

The exchange rate of Kusama is decreasing.
1 KSM is currently valued at $ 46.89 AUD , which means buying 5 KSM will cost $ 234.44 AUD . Similarly, $1 AUD can be traded for 0.02133 KSM, and $50 AUD can be converted to 1.07 KSM, excluding any platform or gas fees.
The exchange rate of 1 KSM to Australian Dollar has changed by +11.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.19%, reaching a high of 47.3 AUD and a low of 42.56 AUD . One month ago, the value of 1 KSM was $ 49.99 AUD , which represents a -6.21% change from its current value. Over the last year, Kusama has changed by
+$
0.1284AUD
, resulting in a change of +24.15% in its value.

KSM to AUD

Amount
19:14 today
0.5 KSM
$23.44
1 KSM
$46.89
5 KSM
$234.44
10 KSM
$468.87
50 KSM
$2,344.35
100 KSM
$4,688.7
500 KSM
$23,443.52
1000 KSM
$46,887.03

AUD to KSM

Amount19:14 today
0.5AUD0.01066  KSM
1AUD0.02133  KSM
5AUD0.1066  KSM
10AUD0.2133  KSM
50AUD1.07  KSM
100AUD2.13  KSM
500AUD10.66  KSM
1000AUD21.33  KSM
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Today vs. 24 hours ago

Amount19:14 today24 hours ago24h change
0.5 KSM$15.64$14.46
+8.19%
1 KSM$31.29$28.92
+8.19%
5 KSM$156.44$144.58
+8.19%
10 KSM$312.87$289.17
+8.19%
50 KSM$1,564.36$1,445.83
+8.19%
100 KSM$3,128.72$2,891.66
+8.19%
500 KSM$15,643.61$14,458.29
+8.19%
1000 KSM$31,287.22$28,916.58
+8.19%

Today vs. 1 month ago

Amount19:14 today1 month ago1M change
0.5 KSM$15.64$16.68
-6.21%
1 KSM$31.29$33.36
-6.21%
5 KSM$156.44$166.8
-6.21%
10 KSM$312.87$333.6
-6.21%
50 KSM$1,564.36$1,668.01
-6.21%
100 KSM$3,128.72$3,336.01
-6.21%
500 KSM$15,643.61$16,680.05
-6.21%
1000 KSM$31,287.22$33,360.1
-6.21%
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Today vs. 1 year ago

Amount19:14 today1 year ago1Y change
0.5 KSM$15.64$12.6
+24.15%
1 KSM$31.29$25.2
+24.15%
5 KSM$156.44$126.01
+24.15%
10 KSM$312.87$252.02
+24.15%
50 KSM$1,564.36$1,260.08
+24.15%
100 KSM$3,128.72$2,520.16
+24.15%
500 KSM$15,643.61$12,600.79
+24.15%
1000 KSM$31,287.22$25,201.57
+24.15%

Kusama price prediction

What will the price of KSM be in 2025?

Based on KSM's historical price performance prediction model, the price of KSM is projected to reach $44.75 in 2025.

What will the price of KSM be in 2030?

In 2030, the KSM price is expected to rise by -9.00%. By the end of 2030, the KSM price is projected to reach $56.31, with a cumulative ROI of +79.99%.
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Buy Kusama for 1 AUD
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FAQ

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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.