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base info Ondo

Ondo to Vietnamese Dong Converter and calculator

Convert 1Ondo (ONDO) to Vietnamese Dong (VND) equals ₫ 31,084.4 | 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 Ondo(ONDO) to Vietnamese Dong(VND). This is the real-time data. The current conversion shows 1 ONDO at a value of 1 ONDO for 31,084.40 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 Ondo currency pair is the ONDO to VND, with for Ondo's currency code being ONDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for VND.

ONDO to VND conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ondo has changed -0.40% to VND. Based on the trend and price charts, Ondo(ONDO) has changed -0.40% to VND while Vietnamese Dong(VND) has changed % to ONDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₫31,436.43
0.0001% / 0.0004%vip-iconVIP
Huobi
₫31,369.63
0.1000% / 0.1000%
Yes
Gate.io
₫31,378.39
0.1000% / 0.1000%
Yes
Bybit
₫31,424.46
0.1000% / 0.1000%
Yes
KuCoin
₫31,412.24
0.1000% / 0.1000%
Yes
Last updated 2024/05/29 11:00:15(UTC+0)

How to buy Ondo

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Buy Ondo (ONDO)
Use a variety of payment options to buy Ondo on Bitget. We'll show you how.

What factors influence the conversion rate of Ondo to Vietnamese Dong?

Ondo to Vietnamese Dong is rising this week.
Ondo's current market price is ₫ 31,084.4 per ONDO, with a total market cap of ₫ 43,199,845,478,647.78 VND based on a circulating supply of 1,389,759,900 ONDO. The trading volume of Ondo has changed by -9.67% (₫ -566,778,235,845.12 VND) in the last 24 hours. Last trading day, ONDO's trading volume was ₫ 5,858,657,417,100.32.
Market cap
$1.70B
24h volume
$207.89M
Circulating supply
1.39B ONDO

Conversion tables

The exchange rate of Ondo is increasing.
1 ONDO is currently valued at ₫ 31,084.4 VND , which means buying 5 ONDO will cost ₫ 155,421.98 VND . Similarly, ₫1 VND can be traded for 0.{4}3217 ONDO, and ₫50 VND can be converted to 0.001609 ONDO, excluding any platform or gas fees.
The exchange rate of 1 ONDO to Vietnamese Dong has changed by +33.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.40%, reaching a high of 32,784.01 VND and a low of 30,559.64 VND . One month ago, the value of 1 ONDO was ₫ 19,508.35 VND , which represents a +59.46% change from its current value. Over the last year, Ondo has changed by
+
5,590.93VND
, resulting in a change of --% in its value.

ONDO to VND

Amount
11:36 am today
0.5 ONDO
15,542.2
1 ONDO
31,084.4
5 ONDO
155,421.98
10 ONDO
310,843.96
50 ONDO
1,554,219.79
100 ONDO
3,108,439.57
500 ONDO
15,542,197.87
1000 ONDO
31,084,395.75

VND to ONDO

Amount11:36 am today
0.5VND0.{4}1609  ONDO
1VND0.{4}3217  ONDO
5VND0.0001609  ONDO
10VND0.0003217  ONDO
50VND0.001609  ONDO
100VND0.003217  ONDO
500VND0.01609  ONDO
1000VND0.03217  ONDO
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Today vs. 24 hours ago

Amount11:36 am today24 hours ago24h change
0.5 ONDO$0.6106$0.6130
-0.40%
1 ONDO$1.22$1.23
-0.40%
5 ONDO$6.11$6.13
-0.40%
10 ONDO$12.21$12.26
-0.40%
50 ONDO$61.06$61.3
-0.40%
100 ONDO$122.12$122.61
-0.40%
500 ONDO$610.58$613.03
-0.40%
1000 ONDO$1,221.15$1,226.06
-0.40%

Today vs. 1 month ago

Amount11:36 am today1 month ago1M change
0.5 ONDO$0.6106$0.3832
+59.46%
1 ONDO$1.22$0.7664
+59.46%
5 ONDO$6.11$3.83
+59.46%
10 ONDO$12.21$7.66
+59.46%
50 ONDO$61.06$38.32
+59.46%
100 ONDO$122.12$76.64
+59.46%
500 ONDO$610.58$383.19
+59.46%
1000 ONDO$1,221.15$766.39
+59.46%
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Today vs. 1 year ago

Amount11:36 am today1 year ago1Y change
0.5 ONDO$0.6106$0.0007555
--
1 ONDO$1.22$0.001511
--
5 ONDO$6.11$0.007555
--
10 ONDO$12.21$0.01511
--
50 ONDO$61.06$0.07555
--
100 ONDO$122.12$0.1511
--
500 ONDO$610.58$0.7555
--
1000 ONDO$1,221.15$1.51
--

Ondo price prediction

What will the price of ONDO be in 2025?

Based on ONDO's historical price performance prediction model, the price of ONDO is projected to reach -- in 2025.

What will the price of ONDO be in 2030?

In 2030, the ONDO price is expected to rise by -18.00%. By the end of 2030, the ONDO price is projected to reach --, with a cumulative ROI of 0.00%.
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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 Ondo 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 Ondo 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 Ondo 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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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.