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Speedy to Vietnamese Dong Converter and calculator

Convert 1Speedy (SPEEDY) to Vietnamese Dong (VND) equals ₫ 0.1086 | Bitget
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 Speedy(SPEEDY) to Vietnamese Dong(VND). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.11 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 Speedy currency pair is the SPEEDY to VND, with for Speedy's currency code being SPEEDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for VND.

SPEEDY to VND conversion rate trend

In the past 1D, Speedy has changed +26.18% to VND. Based on the trend and price charts, Speedy(SPEEDY) has changed +26.18% to VND while Vietnamese Dong(VND) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/28 00:10:34(UTC+0)

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

Speedy to Vietnamese Dong is falling this week.
Speedy's current market price is ₫ 0.1086 per SPEEDY, with a total market cap of ₫ 0 VND based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by +101.64% (₫ 3,819,778,782.02 VND) in the last 24 hours. Last trading day, SPEEDY's trading volume was ₫ 3,758,237,640.65.
Market cap
24h volume
Circulating supply

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at ₫ 0.1086 VND , which means buying 5 SPEEDY will cost ₫ 0.5430 VND . Similarly, ₫1 VND can be traded for 9.21 SPEEDY, and ₫50 VND can be converted to 460.4 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Vietnamese Dong has changed by -3.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by +26.18%, reaching a high of 0.1109 VND and a low of 0.07598 VND . One month ago, the value of 1 SPEEDY was ₫ 0.1631 VND , which represents a -33.39% change from its current value. Over the last year, Speedy has changed by
, resulting in a change of --% in its value.


00:10 am today


Amount00:10 am today
10VND92.08  SPEEDY
50VND460.4  SPEEDY
100VND920.81  SPEEDY
500VND4,604.03  SPEEDY
1000VND9,208.06  SPEEDY
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Today vs. 24 hours ago

Amount00:10 am today24 hours ago24h change
0.5 SPEEDY$0.{5}2133$0.{5}1690
1 SPEEDY$0.{5}4267$0.{5}3380
5 SPEEDY$0.{4}2133$0.{4}1690
10 SPEEDY$0.{4}4267$0.{4}3380
50 SPEEDY$0.0002133$0.0001690
100 SPEEDY$0.0004267$0.0003380
500 SPEEDY$0.002133$0.001690
1000 SPEEDY$0.004267$0.003380

Today vs. 1 month ago

Amount00:10 am today1 month ago1M change
0.5 SPEEDY$0.{5}2133$0.{5}3205
1 SPEEDY$0.{5}4267$0.{5}6409
5 SPEEDY$0.{4}2133$0.{4}3205
10 SPEEDY$0.{4}4267$0.{4}6409
50 SPEEDY$0.0002133$0.0003205
100 SPEEDY$0.0004267$0.0006409
500 SPEEDY$0.002133$0.003205
1000 SPEEDY$0.004267$0.006409
Buy Speedy for 1 VND
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount00:10 am today1 year ago1Y change
0.5 SPEEDY$0.{5}2133$-0.{8}2988
1 SPEEDY$0.{5}4267$-0.{8}5976
5 SPEEDY$0.{4}2133$-0.{7}2988
10 SPEEDY$0.{4}4267$-0.{7}5976
50 SPEEDY$0.0002133$-0.{6}2988
100 SPEEDY$0.0004267$-0.{6}5976
500 SPEEDY$0.002133$-0.{5}2988
1000 SPEEDY$0.004267$-0.{5}5976

Speedy price prediction

What will the price of SPEEDY be in 2025?

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

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by +7.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Speedy for 1 VND
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now

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Buy Speedy for 1 VND
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now
Buy Speedy for 1 VND
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now


Buy Speedy for 1 VND

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Speedy now
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