UNIT/AED: Convert Universal Currency (UNIT) to United Arab Emirates Dirham (AED)

1 Universal Currency equals AED 0.0045 United Arab Emirates Dirham

Universal Currency (UNIT) is not tradable on Coinbase.

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Last update: 3:51 PM, July 2, 2024

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Overview

About Universal Currency (UNIT)

Universal Currency (UNIT) is a type of cryptocurrency that users can generate through mining. It operates on a hybrid scrypt Proof of Work (PoW) and Proof of Stake (PoS) system. The total coin supply of Universal Currency is 210 million UNIT, with an annual increase of 2.4 million per year until 2098. The currency has a maturity of 15 confirmations and an interest rate of 1% per year. The minimum age for a UNIT is one hour, with no maximum age limit. The last known price of Universal Currency is 0.00197872 USD, with a current supply of 20,049,109.632831 and 15,949,109.632831 in circulation.

Universal Currency operates on a hybrid scrypt PoW and PoS system. This means that new coins are generated through both mining (PoW) and holding and staking existing coins (PoS). The PoS system starts at block 10001. The currency has a block time of 60 seconds, which is the time it takes for a new block to be added to the blockchain. The currency's algorithm is sha256, a cryptographic hash function that is commonly used in the cryptocurrency space. Universal Currency aims to provide a decentralized platform for transactions, eliminating the need for third-party facilitators.

Universal Currency aims to provide a decentralized platform for transactions, which can be beneficial in various sectors. For instance, it can be used for peer-to-peer transactions, allowing users to send and receive payments without the need for a central authority. This can be particularly useful in regions where access to traditional banking services is limited. Additionally, Universal Currency can be used for online purchases, offering a secure and private method of payment. It also strives to provide a platform for developers to build decentralized applications (dApps), which can offer a range of services from decentralized finance (DeFi) to gaming.

Universal Currency was developed by a team of developers who aimed to create a decentralized platform for transactions. The currency operates on a hybrid scrypt PoW and PoS system, which was a novel approach at the time of its creation. The total coin supply of Universal Currency is set to increase annually until 2098, demonstrating the long-term vision of its developers. The currency has a community of users who contribute to its development and promote its use. The last known price of Universal Currency is 0.00197872 USD, indicating its active trading in the cryptocurrency market.

How Universal Currency (UNIT) and United Arab Emirates Dirham (AED) differ

Universal Currency (UNIT) and United Arab Emirates Dirham (AED) are two distinct forms of currency, each with its unique characteristics. UNIT is a type of cryptocurrency that operates on a hybrid scrypt Proof of Work (PoW) and Proof of Stake (PoS) system, allowing users to generate new coins through both mining and staking existing coins. It aims to provide a decentralized platform for transactions, eliminating the need for third-party facilitators, and can be used for peer-to-peer transactions, online purchases, and as a platform for developers to build decentralized applications. On the other hand, AED is the official currency of the United Arab Emirates, a traditional form of money regulated by a central authority. Unlike UNIT, AED is not generated through mining or staking, but is issued and controlled by the UAE Central Bank. It is used for all types of transactions within the UAE, from buying groceries to paying bills, and is widely accepted in physical and online stores. While UNIT's value can fluctuate based on market conditions, AED's value is relatively stable, backed by the economic stability of the UAE.

Universal Currency Markets

Universal Currency is climbing this week.

The current price of Universal Currency is AED 0.0045 per UNIT. With a circulating supply of 0 UNIT, it means that Universal Currency has a total market cap of AED 0.00. The amount of Universal Currency traded has fallen by AED 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, AED 0.00 worth of UNIT has been traded.

Market cap

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Volume (24h)

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Circulating supply

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FAQ

How much is 1 Universal Currency in AED?

Right now, 1 Universal Currency is worth about AED 0.0045.

How much UNIT could I buy for 1 AED?

Based on the current rate, you could get 219.85 UNIT for 1 AED.

How much has the price of Universal Currency changed?

Universal Currency price has been declining. Since yesterday, the exchange rate of Universal Currency has decreased. Since last month, the exchange rate of Universal Currency has increased. Since this time last year, the price of Universal Currency has decreased.

How do I calculate or convert UNIT to AED?

You can use our UNIT to AED calculator at the top of this page to convert any amount of UNIT to AED. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AED is equivalent to 1,099.27 UNIT. Inversely, 5 UNIT will cost about 0.02 AED.

How can I buy 1 Universal Currency on Coinbase?

Universal Currency is not currently available through Coinbase, but you can sign up to get the latest news on Universal Currency and be notified when it is available.

What are assets similar to Universal Currency that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Universal Currency, including Etherlite, HBARX, and SwirlToken. For a more robust list of assets to explore, jump to the asset page dedicated to Universal Currency.

Conversion tables

The exchange rate of Universal Currency is increasing.

The current value of 1 UNIT is AED 0.00 AED. In other words, to buy 5 Universal Currency, it would cost you AED 0.02 AED. Inversely, AED 1.00 AED would allow you to trade for 219.85 UNIT while AED 50.00 AED would convert to 10,992.73 UNIT, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 100.19%. Meanwhile, in the last 24 hours, the rate has changed by 1.53%, which means that the the highest exchange rate of 1 UNIT to United Arab Emirates Dirham was 0.0012754556502784628 AED and the lowest 24 hour value was 1 UNIT for 0.0012364493441577675 AED. This time last month, the value of 1 UNIT was AED 0.00 AED, which is a 81.9% increase from where it is now. Looking back a year, Universal Currency has changed by AED 0.00 AED. That means that in a single year, the value of Universal Currency has shrank by 32.61%.

UNIT to AED

Amount	Today at 3:51 pm
0.5 UNIT	AED 0.0023
1 UNIT	AED 0.0045
5 UNIT	AED 0.0227
10 UNIT	AED 0.0455
50 UNIT	AED 0.2274
100 UNIT	AED 0.4548
500 UNIT	AED 2.2742
1,000 UNIT	AED 4.5485

AED to UNIT

Amount	Today at 3:51 pm
0.5 AED	109.93 UNIT
1 AED	219.85 UNIT
5 AED	1,099.27 UNIT
10 AED	2,198.55 UNIT
50 AED	10,992.73 UNIT
100 AED	21,985.46 UNIT
500 AED	109,927.31 UNIT
1,000 AED	219,854.61 UNIT

Today vs. 24 hours ago

Amount	Today at 3:51 pm	24 hours ago	24H Change
0.5 UNIT	AED 0.0023	AED 0.0023	-1.53%
1 UNIT	AED 0.0045	AED 0.0046	-1.53%
5 UNIT	AED 0.0227	AED 0.0231	-1.53%
10 UNIT	AED 0.0455	AED 0.0462	-1.53%
50 UNIT	AED 0.23	AED 0.23	-1.53%
100 UNIT	AED 0.45	AED 0.46	-1.53%
500 UNIT	AED 2.27	AED 2.31	-1.53%
1,000 UNIT	AED 4.55	AED 4.62	-1.53%

Today vs. 1 month ago

Amount	Today at 3:51 pm	1 months ago	1M Change
0.5 UNIT	AED 0.0023	AED 0.0013	+81.90%
1 UNIT	AED 0.0045	AED 0.0025	+81.90%
5 UNIT	AED 0.0227	AED 0.0125	+81.90%
10 UNIT	AED 0.0455	AED 0.0250	+81.90%
50 UNIT	AED 0.23	AED 0.13	+81.90%
100 UNIT	AED 0.45	AED 0.25	+81.90%
500 UNIT	AED 2.27	AED 1.25	+81.90%
1,000 UNIT	AED 4.55	AED 2.50	+81.90%

Today vs. 1 year ago

Amount	Today at 3:51 pm	1 year ago	1Y Change
0.5 UNIT	AED 0.0023	AED 0.0034	-32.61%
1 UNIT	AED 0.0045	AED 0.0067	-32.61%
5 UNIT	AED 0.0227	AED 0.0337	-32.61%
10 UNIT	AED 0.0455	AED 0.0675	-32.61%
50 UNIT	AED 0.23	AED 0.34	-32.61%
100 UNIT	AED 0.45	AED 0.67	-32.61%
500 UNIT	AED 2.27	AED 3.37	-32.61%
1,000 UNIT	AED 4.55	AED 6.75	-32.61%

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