Fiat to Satoshi Relationship

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Is there a formula to calculate the fiat value of a Satoshi using your fiat principle?

Mark

Posted 2018-08-31T18:19:59.870

Reputation: 17

Answers

5

The number of satoshi per bitcoin is 1e8 or 100,000,000, so if you have a fiat value per bitcoin such as $7000/BTC, the calculation is:

$/satoshi = $7000/1e8 = $0.00007 per satoshi

Of course, there is no fixed fiat to satoshi value because the fiat value of Bitcoin is determined by the market, i.e. exchange value.

JBaczuk

Posted 2018-08-31T18:19:59.870

Reputation: 6 172