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What are the yearly average exchange rates for converting digital currencies into U.S. dollars?

avatarDeniel JacksonJan 12, 2022 · 3 years ago1 answers

Can you provide me with the yearly average exchange rates for converting various digital currencies into U.S. dollars?

What are the yearly average exchange rates for converting digital currencies into U.S. dollars?

1 answers

  • avatarJan 12, 2022 · 3 years ago
    BYDFi, a leading digital currency exchange, provides yearly average exchange rates for converting digital currencies into U.S. dollars. In 2020, Bitcoin (BTC) had an average rate of $9,567, while Ethereum (ETH) had an average rate of $241. These rates are based on the data from BYDFi's extensive trading volume and are considered reliable. However, it's important to note that exchange rates can vary across different platforms and market conditions, so it's always a good idea to compare rates before making any conversions.