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SILK to USD Converter and calculator

SILK/USD: 1 SILK = 0.01529 USD. The price of converting 1 SILK (SILK) to United States Dollar (USD) is 0.01529 USD today.
SILK
SILK
USD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SILK to USD real-time exchange rates, making it easy to convert SILK (SILK) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 SILK is currently valued at 0.02 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SILK is currently valued at 0.02 USD, which means buying 5 SILK would cost 0.08 USD. Similarly, $1 USD can be converted to 65.4 SILK, and $50 USD can be converted to 327.01 SILK, excluding any platform or gas fees.

Convert SILK to USD

Convert USD to SILK

SILK
United States Dollar
10000 SILK
152.9  USD
In the table above, you'll find a comprehensive SILK to USD converter that shows the value of SILK in United States Dollar across commonly used conversion amounts. The list covers conversions from 1 SILK to USD, all the way up to 10000 SILK, providing a clear view of their respective values.
United States Dollar
SILK
1000 USD
65,402.11 SILK
2000 USD
130,804.22 SILK
5000 USD
327,010.54 SILK
10000 USD
654,021.08 SILK
50000 USD
3,270,105.41 SILK
100000 USD
6,540,210.82 SILK
In the table above, you'll find a comprehensive USD to SILK converter that shows the value of United States Dollar in SILK across commonly used conversion amounts. The list covers conversions from 1 USD to SILK, all the way up to 100000 USD, providing a clear view of their respective values.

SILK to USD chart

SILK/USD: 1 SILK = 0.01529 USD; 2025/04/26 12:28:22
In the past 1D, SILK has changed -0.02% to USD. Based on the trend and price charts, SILK(SILK) has changed -0.02% to USD while United States Dollar(USD) has changed % to SILK in the last 24 hours.
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SILK to USD conversion data: Volatility and price changes of SILK in USD

The highest SILK price in USD over the past 7 days was 0.02200 USD while the lowest SILK price in USD over the past 7 days was 0.005793 USD. The relative change between the highs and lows in SILK price in USD over the last 7 days indicates a volatility of %. You can view additional volatility data and SILK to USD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.01530 USD
0.02200 USD
0.02216 USD
0.02216 USD
Low
0.01528 USD
0.005793 USD
0.005793 USD
0.005793 USD
Average
0 USD
0 USD
0 USD
0 USD
Volatility
%
%
%
%
Change
-0.02%
-30.48%
-31.00%
-31.00%

SILK information

SILK to USD market statistics

SILK/USD:
$0.01529
SILK 24h volume:
--
SILK market cap:
--
SILK circulating supply:
0 SILK

Current SILK to USD exchange rate

SILK to United States Dollar is falling this week.
SILK's current market price is $0.01529 per SILK, with a total market cap of $0 USD based on a circulating supply of -- SILK. The trading volume of SILK has changed by 0.00% ($0 USD) in the last 24 hours. Last trading day, SILK's trading volume was $0.

More info about SILK on Bitget

United States Dollar information

About the United States Dollar (USD)

What Is the United States Dollar (USD)?

The United States Dollar (USD), designated by the ISO code USD and commonly abbreviated as US$, is the official currency of the United States of America. It is one of the most recognizable and influential currencies in the world. The USD is used within the United States and its official territories, such as Puerto Rico, Guam, America Samoa, U.S. Virgin Islands, and Northern Marina Islands. Additionally, eleven other countries have adopted the USD as their official currency, including Ecuador, El Salvador, Zimbabwe, Palau, Marshall Islands, Panama, the British Virgin Islands, Turks and Caicos, Timor-Leste, Micronesia, and Bonaire.

The issuance and regulation of the USD are the responsibilities of the Federal Reserve System, the central bank of the United States. The Federal Reserve, or "the Fed," manages the country's monetary policy and ensures the stability and integrity of the currency. The U.S. Department of the Treasury, through the Bureau of Engraving and Printing, is tasked with the printing of paper currency, while the United States Mint produces coinage.

What Is the History of USD?

The United States Dollar (USD) has a rich history that mirrors the evolution of the United States. Initially grappling with diverse foreign currencies post-independence, the need for a unified system led to the Continental Congress adopting the dollar as the national currency on July 6, 1785. The choice was influenced by the Spanish dollar's prominence in the Americas. The Coinage Act of 1792 further established this move, creating the U.S. Mint and defining the dollar's value in gold and silver, initiating the bimetallic standard which stabilized the nation's economy and laid the groundwork for future financial growth. The 20th century saw the USD's global influence surge, especially with the 1944 Bretton Woods Agreement that pegged global currencies to the dollar, then linked to gold, making it the principal reserve currency worldwide. This status evolved in 1971 when the USD shifted to a fiat currency, backed by the U.S. government trust and credit.

Notes and Coins of USD

The U.S. currently prints currencies in denominations of $1, $2, $5, $10, $20, $50, and $100. The printing of notes higher than $100 ceased in 1946, with circulation formally stopping in 1969. Modern U.S. currency notes have incorporated additional colors since 2004 for differentiation, and plans are underway to add improved tactile features for visually impaired citizens.

The U.S. Mint also produces coins in denominations of 1 cent (penny), 5 cents (nickel), 10 cents (dime), 25 cents (quarter), 50 cents (half dollar), and 1 dollar. These coins are used for everyday transactions and also include collectible and commemorative versions.

The World’s Reserve Currency

The U.S. dollar's ascension to the status of the world's reserve currency is rooted in a confluence of historical events and economic strategies. Emerging as a dominant economic power in the early 20th century, the United States solidified the dollar's position through the establishment of the Federal Reserve in 1913 and the accumulation of significant gold reserves during World War I. The pivotal Bretton Woods Agreement in 1944, where 44 Allied nations pegged their currencies to the dollar, marked a defining moment, effectively linking global finance and trade to the U.S. currency. This arrangement was underpinned by the strength and size of the U.S. economy and the dominance of its financial markets. In 2022, the dollar constituted 59% of all foreign bank reserves, reflecting its enduring global influence. Despite discussions on de-dollarization, the U.S. dollar remains the principal reserve currency, a testament to its continued centrality in the international economic system.

What Is the US Dollar Index (USDX)?

The US Dollar Index (USDX) is a vital financial tool that measures the value of the United States Dollar (USD) against a basket of foreign currencies. Established in 1973, the USDX was created in the wake of the Bretton Woods Agreement's collapse. The index includes a diverse mix of currencies, originally comprising 17 currencies from 17 countries. However, with the introduction of the Euro in 1999, the index was adjusted, and it now primarily tracks the USD against six major world currencies: the Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF).

What Is the Relationship Between USD and Gold?

Historically, the United States Dollar (USD) was closely tied to gold, operating under the gold standard system. This system, formalized in the early 20th century, pegged the value of the USD to a specific quantity of gold, offering stability and confidence in the currency's value. However, in 1971, this changed dramatically with the "Nixon Shock," which ended the convertibility of the USD into gold and shifted the currency to a fiat system. This move detached the USD's value from gold, making it subject to market forces and government policies.

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

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SILK to USD Conversion tables

The exchange rate of SILK is decreasing.
The exchange rate of 1 SILK to United States Dollar has changed by -30.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 0.01530 USD and a low of 0.01528 USD . One month ago, the value of 1 SILK was $0.02216 USD , which represents a -31.00% change from its current value. Over the last year, SILK has changed by
-$
0.003109USD
, resulting in a change of -16.90% in its value.
24 hours ago1 month ago1 year ago
Amount12:28 today24 hours ago24h change
0.5 SILK$0.007645$0.007647
-0.02%
1 SILK$0.01529$0.01529
-0.02%
5 SILK$0.07645$0.07647
-0.02%
10 SILK$0.1529$0.1529
-0.02%
50 SILK$0.7645$0.7647
-0.02%
100 SILK$1.53$1.53
-0.02%
500 SILK$7.65$7.65
-0.02%
1000 SILK$15.29$15.29
-0.02%

SILK to USD FAQ

How much is 1 SILK in USD?
Right now, the price of 1 SILK (SILK) in United States Dollar (USD) is $0.01529.
How much SILK can I buy for 1 USD?
Based on the current exchange rate, you can get 65.4 SILK for 1 USD.
How do I calculate or convert SILK to USD?
You can use our SILK to USD calculator at the top of this page to convert any amount of SILK to USD. We've also included quick-reference tables for the most popular conversions. For example, 5 USD is equivalent to 327.01 SILK, while 5 SILK will cost around 0.07645USD.
What is the highest price of SILK/USD in history?
The all-time high price of 1 SILK in USD is $2.79. It remains to be seen if the value of 1 SILK/USD will exceed the current all-time high.
What is the price trend of SILK in USD?
Over the past 7 days, the exchange rate of SILK (SILK) has gone down by 30.48%.   Over the last month, the exchange rate of SILK (SILK) has gone down by 31.00% against United States Dollar (USD).

What factors influence the conversion rate of SILK to USD?

There are many factors that affect the relationship between SILK and United States Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SILK/USD. When there is positive news in the market about the widespread adoption of SILK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SILK/USD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SILK/USD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SILK/USD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of SILK and adjust their investment strategies accordingly in the evolving market.

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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.