Cryptocurrency Q&A What is a gold dinar worth?

What is a gold dinar worth?

GyeongjuGlory GyeongjuGlory Sun Nov 10 2024 | 6 answers 1166
A gold dinar is a unit of currency based on gold, specifically referring to an Islamic medieval gold coin first issued in the 7th century. Its modern concept aims to create a gold-based monetary system compliant with Islamic finance principles. The worth of a gold dinar is determined by the weight and purity of the gold it represents, typically 4.25 grams or 0.137 troy ounces. The value fluctuates based on the current market price of gold. What is a gold dinar worth?

6 answers

EnchantedDreams EnchantedDreams Tue Nov 12 2024
The value of an Almoravid gold dinar can reach up to $2,000 in today's market.

Was this helpful?

252
20
Starlight Starlight Tue Nov 12 2024
Its worth is determined by various factors such as its condition, rarity, and the current market demand.

Was this helpful?

215
81
DigitalTreasureHunter DigitalTreasureHunter Tue Nov 12 2024
These dinars were minted almost 1,000 years ago, making them highly collectible.

Was this helpful?

111
83
Arianna Arianna Tue Nov 12 2024
Over time, the number of these dinars in circulation has decreased significantly.

Was this helpful?

47
56
CryptoEmpireGuard CryptoEmpireGuard Mon Nov 11 2024
This scarcity has contributed to their increasing value among collectors and investors.

Was this helpful?

325
30
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts