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base info FADO Go

FADO Go to Vietnamese Dong Converter and calculator

Convert 1FADO Go (FADO) to Vietnamese Dong (VND) equals ₫ 0 | Bitget
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Last updated 2024/12/22 22:11:23 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of FADO Go(FADO) to Vietnamese Dong(VND). This is the real-time data. The current conversion shows 1 FADO at a value of 1 FADO for 0 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 FADO Go currency pair is the FADO to VND, with for FADO Go's currency code being FADO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for VND.

FADO to VND conversion rate trend

1D7D1M3M1YAll
Live FADO Go (FADO) price chart
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In the past 1D, FADO Go has changed -0.02% to VND. Based on the trend and price charts, FADO Go(FADO) has changed -0.02% to VND while Vietnamese Dong(VND) has changed +0.02% to FADO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₫0
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/22 16:36:06(UTC+0)

How to buy FADO Go

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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 FADO Go (FADO)
Use a variety of payment options to buy FADO Go on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of FADO with VND. However, you can buy USDT in Bitget P2P trading first, and then buy FADO with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
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Sell FADO (or USDT) for VND (Vietnamese Dong) offers

Bitget P2P trading currently does not support direct selling of FADO to VND. However, you can first exchange FADO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of FADO Go to Vietnamese Dong?

FADO Go to Vietnamese Dong is falling this week.
FADO Go's current market price is ₫ 0 per FADO, with a total market cap of ₫ 0 VND based on a circulating supply of -- FADO. The trading volume of FADO Go has changed by 0.00% (₫ 0 VND) in the last 24 hours. Last trading day, FADO's trading volume was ₫ 0.
Market cap
$0
24h volume
$0
Circulating supply
0 FADO

Conversion tables

The exchange rate of FADO Go is decreasing.
1 FADO is currently valued at ₫ 0 VND , which means buying 5 FADO will cost ₫ 0 VND . Similarly, ₫1 VND can be traded for Infinity FADO, and ₫50 VND can be converted to Infinity FADO, excluding any platform or gas fees.
The exchange rate of 1 FADO to Vietnamese Dong has changed by -0.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 2.76 VND and a low of 2.75 VND . One month ago, the value of 1 FADO was ₫ 0.0001890 VND , which represents a -0.01% change from its current value. Over the last year, FADO Go has changed by
-
2.03VND
, resulting in a change of -42.38% in its value.

FADO to VND

Amount
22:11 today
0.5 FADO
0
1 FADO
0
5 FADO
0
10 FADO
0
50 FADO
0
100 FADO
0
500 FADO
0
1000 FADO
0

VND to FADO

Amount22:11 today
0.5VNDInfinity  FADO
1VNDInfinity  FADO
5VNDInfinity  FADO
10VNDInfinity  FADO
50VNDInfinity  FADO
100VNDInfinity  FADO
500VNDInfinity  FADO
1000VNDInfinity  FADO

Today vs. 24 hours ago

Amount22:11 today24 hours ago24h change
0.5 FADO$0.00$0.{7}1273
-0.02%
1 FADO$0.00$0.{7}2547
-0.02%
5 FADO$0.00$0.{6}1273
-0.02%
10 FADO$0.00$0.{6}2547
-0.02%
50 FADO$0.00$0.{5}1273
-0.02%
100 FADO$0.00$0.{5}2547
-0.02%
500 FADO$0.00$0.{4}1273
-0.02%
1000 FADO$0.00$0.{4}2547
-0.02%

Today vs. 1 month ago

Amount22:11 today1 month ago1M change
0.5 FADO$0.00$0.{8}3713
-0.01%
1 FADO$0.00$0.{8}7425
-0.01%
5 FADO$0.00$0.{7}3713
-0.01%
10 FADO$0.00$0.{7}7425
-0.01%
50 FADO$0.00$0.{6}3713
-0.01%
100 FADO$0.00$0.{6}7425
-0.01%
500 FADO$0.00$0.{5}3713
-0.01%
1000 FADO$0.00$0.{5}7425
-0.01%

Today vs. 1 year ago

Amount22:11 today1 year ago1Y change
0.5 FADO$0.00$0.{4}3980
-42.38%
1 FADO$0.00$0.{4}7961
-42.38%
5 FADO$0.00$0.0003980
-42.38%
10 FADO$0.00$0.0007961
-42.38%
50 FADO$0.00$0.003980
-42.38%
100 FADO$0.00$0.007961
-42.38%
500 FADO$0.00$0.03980
-42.38%
1000 FADO$0.00$0.07961
-42.38%

FADO Go price prediction

What will the price of FADO be in 2025?

Based on FADO's historical price performance prediction model, the price of FADO is projected to reach $0.0001483 in 2025.

What will the price of FADO be in 2030?

In 2030, the FADO price is expected to change by -7.00%. By the end of 2030, the FADO price is projected to reach $0.0003254, with a cumulative ROI of +0.03%.

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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.