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Doric Network to Vietnamese Dong Converter and calculator

Convert 1Doric Network (DRC) to Vietnamese Dong (VND) equals ₫ 23,377.25 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Doric Network(DRC) to Vietnamese Dong(VND). This is the real-time data. The current conversion shows 1 DRC at a value of 1 DRC for 23,377.25 VND . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

VND information

About the Vietnamese Dong (VND)

What Is the Vietnamese Dong (VND)?

The Vietnamese Dong (VND), the official currency of Vietnam, is an example of a fiat currency in Southeast Asia. Represented by the ISO code VND and symbolized as ₫, the Dong has a rich history and plays a crucial role in Vietnam's economy. The Vietnamese Dong is the sole legal tender in Vietnam, and it is used for all transactions within the country.

The Vietnamese Dong is issued by the State Bank of Vietnam. The State Bank of Vietnam is the central bank of the country and is responsible for the issuance and regulation of the Vietnamese currency, along with overseeing monetary policies, maintaining stability in the financial system, and managing Vietnam's foreign exchange reserves.

What Is the History of VND?

The Dong was introduced by the North Vietnam government in 1946, replacing the French Indochinese piastre. This change marked a significant shift in Vietnam's economic history. The currency underwent revaluations in 1951 and 1959, reflecting the country's tumultuous economic conditions. Following the unification of Vietnam in 1975, the Dong was also unified, setting the stage for its current form. The revaluation in 1985 was a pivotal moment, as it led to a period of persistent inflation, deeply impacting the Vietnamese economy.

Notes and Coins of VND

Previously, Vietnam had issued coins in several denominations, including 200, 500, 1,000, 2,000, and 5,000 VND. However, due to inflation and the move towards digital payments, coins have become less common in circulation.

Vietnam transitioned from cotton notes to plastic polymer notes in 2003, a move aimed at reducing printing costs. These notes feature various denominations of 100 VND, 200 VND, 500 VND, 1,000 VND, 2,000 VND, 5,000 VND, 10,000 VND, 20,000 VND, 50,000 VND, 100,000 VND, 200,000 VND, and 500,000 VND.

Economic Impact and Inflation

The Vietnamese Dong has been significantly affected by inflation, a common challenge for many fiat currencies. This inflationary trend has led to the Dong being one of the lowest-valued currency units in the world. As of January 2024, one United States dollar was equivalent to approximately 24,400 Dong. The State Bank of Vietnam, responsible for issuing the Dong, plays a vital role in regulating inflation and stabilizing the currency.

Is VND Pegged to USD?

The Vietnamese Dong is not pegged to the United States Dollar. Vietnam operates under a managed floating exchange rate regime. In this system, the value of the Dong is not fixed to the USD but is instead managed by the State Bank of Vietnam, which may intervene in the foreign exchange market to stabilize the Dong's value or to meet other economic objectives.

Why Does VND Have So Many Zeroes?

The Vietnamese Dong features a high number of zeros due to its history of chronic inflation, a common phenomenon in various economies transitioning from a centrally-planned system to a market-oriented one. After the reunification of North and South Vietnam in 1975, the country faced significant economic challenges, including hyperinflation, especially during the late 1980s and early 1990s. This inflation necessitated the issuance of banknotes with higher denominations to maintain practical transactional value. As a result, over time, the currency experienced devaluation, leading to the presence of banknotes with large numerical values. This situation reflects the cumulative impact of prolonged inflationary pressures on the currency's value, a common trait in economies undergoing rapid and significant economic transformations.

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

DRC to VND conversion rate trend

1D7D1M3M1YAll
In the past 1D, Doric Network has changed +8.11% to VND. Based on the trend and price charts, Doric Network(DRC) has changed +8.11% to VND while Vietnamese Dong(VND) has changed % to DRC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₫23,377.25
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/10 03:14:35(UTC+0)

How to buy Doric Network

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Doric Network (DRC)
Use a variety of payment options to buy Doric Network on Bitget. We'll show you how.

Buy DRC (or USDT) for VND (Vietnamese Dong) offers

Bitget P2P trading does not currently support direct buying of DRC with VND. However, you can buy USDT in Bitget P2P trading first, and then buy DRC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
0
0.5usdt Give AwayVerified Merchant
283 tradesCompletion rate 99.00%
1000 VND
Amount307.34 USDT
Limit500 - 500 VND
Bank Transfer
Buy
V
Viet Nam TeamGolden merchantVerified Merchant
2211 tradesCompletion rate 100.00%
25785 VND
Amount3038.17 USDT
Limit1000000 - 50000000 VND
Bank Transfer
Buy
S
SieuNhanh247Golden merchantVerified Merchant
1551 tradesCompletion rate 100.00%
25785 VND
Amount629.77 USDT
Limit300000 - 10000000 VND
Bank Transfer
Buy
L
LinguvaGolden merchantVerified Merchant
4522 tradesCompletion rate 100.00%
25785 VND
Amount3513.81 USDT
Limit1000000 - 100000000 VND
Bank Transfer
Buy
H
HeoGolden merchantVerified Merchant
1014 tradesCompletion rate 99.00%
25785 VND
Amount386.93 USDT
Limit1300000 - 12000000 VND
Bank Transfer
Buy

Sell DRC (or USDT) for VND (Vietnamese Dong) offers

Bitget P2P trading currently does not support direct selling of DRC to VND. However, you can first exchange DRC for USDT in the Bitget spot market, and then sell USDT to VND in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
L
LoanVerified Merchant
49 tradesCompletion rate 100.00%
25755 VND
Amount4500 USDT
Limit20000000 - 100000000 VND
Bank Transfer
Sell
V
Viet Nam TeamGolden merchantVerified Merchant
2211 tradesCompletion rate 100.00%
25753 VND
Amount13919.35 USDT
Limit1000000 - 50000000 VND
Bank Transfer
Sell
L
LinguvaGolden merchantVerified Merchant
4522 tradesCompletion rate 100.00%
25753 VND
Amount67483.86 USDT
Limit3000000 - 125000000 VND
Bank Transfer
Sell
T
TradeNow247Golden merchantVerified Merchant
2749 tradesCompletion rate 100.00%
25753 VND
Amount68573.01 USDT
Limit500000 - 50000000 VND
Bank TransferMomo
Sell
S
SieuNhanh247Golden merchantVerified Merchant
1551 tradesCompletion rate 100.00%
25753 VND
Amount2961.75 USDT
Limit300000 - 35000000 VND
Bank Transfer
Sell

What factors influence the conversion rate of Doric Network to Vietnamese Dong?

Doric Network to Vietnamese Dong is rising this week.
Doric Network's current market price is ₫ 23,377.25 per DRC, with a total market cap of ₫ 0 VND based on a circulating supply of -- DRC. The trading volume of Doric Network has changed by -8.73% (₫ -58,587,540.64 VND) in the last 24 hours. Last trading day, DRC's trading volume was ₫ 671,067,414.71.
Market cap
$0
24h volume
$24.09K
Circulating supply
0 DRC

Conversion tables

The exchange rate of Doric Network is decreasing.
1 DRC is currently valued at ₫ 23,377.25 VND , which means buying 5 DRC will cost ₫ 116,886.23 VND . Similarly, ₫1 VND can be traded for 0.{4}4278 DRC, and ₫50 VND can be converted to 0.002139 DRC, excluding any platform or gas fees.
The exchange rate of 1 DRC to Vietnamese Dong has changed by +2.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.11%, reaching a high of 23,402.29 VND and a low of 21,588.29 VND . One month ago, the value of 1 DRC was ₫ 30,040.35 VND , which represents a -22.18% change from its current value. Over the last year, Doric Network has changed by
+
23,377.25VND
, resulting in a change of --% in its value.

DRC to VND

Amount
03:14 am today
0.5 DRC
11,688.62
1 DRC
23,377.25
5 DRC
116,886.23
10 DRC
233,772.46
50 DRC
1,168,862.3
100 DRC
2,337,724.6
500 DRC
11,688,622.99
1000 DRC
23,377,245.97

VND to DRC

Amount03:14 am today
0.5VND0.{4}2139  DRC
1VND0.{4}4278  DRC
5VND0.0002139  DRC
10VND0.0004278  DRC
50VND0.002139  DRC
100VND0.004278  DRC
500VND0.02139  DRC
1000VND0.04278  DRC
Buy Doric Network for 1 VND
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Today vs. 24 hours ago

Amount03:14 am today24 hours ago24h change
0.5 DRC$0.4598$0.4253
+8.11%
1 DRC$0.9197$0.8506
+8.11%
5 DRC$4.6$4.25
+8.11%
10 DRC$9.2$8.51
+8.11%
50 DRC$45.98$42.53
+8.11%
100 DRC$91.97$85.06
+8.11%
500 DRC$459.83$425.32
+8.11%
1000 DRC$919.66$850.64
+8.11%

Today vs. 1 month ago

Amount03:14 am today1 month ago1M change
0.5 DRC$0.4598$0.5909
-22.18%
1 DRC$0.9197$1.18
-22.18%
5 DRC$4.6$5.91
-22.18%
10 DRC$9.2$11.82
-22.18%
50 DRC$45.98$59.09
-22.18%
100 DRC$91.97$118.18
-22.18%
500 DRC$459.83$590.89
-22.18%
1000 DRC$919.66$1,181.79
-22.18%
Buy Doric Network for 1 VND
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount03:14 am today1 year ago1Y change
0.5 DRC$0.4598$0.00
--
1 DRC$0.9197$0.00
--
5 DRC$4.6$0.00
--
10 DRC$9.2$0.00
--
50 DRC$45.98$0.00
--
100 DRC$91.97$0.00
--
500 DRC$459.83$0.00
--
1000 DRC$919.66$0.00
--

Doric Network price prediction

What will the price of DRC be in 2025?

Based on DRC's historical price performance prediction model, the price of DRC is projected to reach $1.06 in 2025.

What will the price of DRC be in 2030?

In 2030, the DRC price is expected to change by +7.00%. By the end of 2030, the DRC price is projected to reach $1.73, with a cumulative ROI of +88.10%.
Buy Doric Network for 1 VND
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Doric Network for 1 VND
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Doric Network for 1 VND
A welcome pack worth 1000 USDT for new Bitgetters!
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Doric Network and VND.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Doric Network and VND. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Doric Network in VND, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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A welcome pack worth 1000 USDT for new Bitgetters!

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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.