IBS to DOP Converter and calculator


Conversion rates
Convert IBS to DOP
Convert DOP to IBS
IBS to DOP chart
IBS to DOP conversion data: Volatility and price changes of IBStoken in DOP
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.04878 DOP | 0.04878 DOP | 0.05486 DOP | 0.06309 DOP |
Low | 0.04846 DOP | 0.04752 DOP | 0.04691 DOP | 0.04679 DOP |
Average | 0 DOP | 0 DOP | 0 DOP | 0 DOP |
Volatility | % | % | % | % |
Change | +0.24% | +2.48% | -8.17% | -22.00% |
IBStoken information
IBS to DOP market statistics
Current IBS to DOP exchange rate
IBStoken to Dominican Peso is rising this week.More info about IBStoken on Bitget
Dominican Peso information
About Dominican Peso (DOP)
The Dominican Peso (DOP), the official currency of the Dominican Republic, is not just a medium of exchange but a reflection of the nation's vibrant economy, rich history, and diverse culture. It is commonly abbreviated as DOP and represented by the symbol $.
Historical Background
The Dominican Peso was introduced in 1844, coinciding with the country’s declaration of independence. This marked a significant departure from the Haitian Gourde, which was in circulation prior to independence. The establishment of the Peso was a critical step in the Dominican Republic's quest for economic sovereignty and identity.
Design and Symbolism
The design of the Dominican Peso is a tapestry of the country’s history and culture. Banknotes and coins feature prominent national heroes, such as Juan Pablo Duarte, considered the father of Dominican independence. They also showcase landmarks and symbols that represent the nation's natural wonders and cultural richness. This blend of historical and cultural imagery not only facilitates economic transactions but also serves to instill a sense of national pride.
Economic Role
The Dominican Peso is central to the economic fabric of the Dominican Republic. The country boasts a diverse economy with strong sectors in tourism, agriculture, manufacturing, and services. The Peso underpins these economic activities, facilitating local and international trade. The stability and value of the Peso are crucial for economic growth and investor confidence.
Monetary Policy and Exchange Rate
Managed by the Central Bank of the Dominican Republic, the Peso's value is subject to monetary policy and market dynamics. The exchange rate between the Peso and major world currencies, particularly the US Dollar, is a critical economic indicator, influencing everything from tourism to foreign investment.
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IBS to DOP Conversion tables
Amount | 22:19 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 IBS | RD$0.02438 | RD$0.02432 | +0.24% |
1 IBS | RD$0.04875 | RD$0.04864 | +0.24% |
5 IBS | RD$0.2438 | RD$0.2432 | +0.24% |
10 IBS | RD$0.4875 | RD$0.4864 | +0.24% |
50 IBS | RD$2.44 | RD$2.43 | +0.24% |
100 IBS | RD$4.88 | RD$4.86 | +0.24% |
500 IBS | RD$24.38 | RD$24.32 | +0.24% |
1000 IBS | RD$48.75 | RD$48.64 | +0.24% |
IBS to DOP FAQ
What factors influence the conversion rate of IBS to DOP?
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