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PSP to DOP Converter and calculator

PSP/DOP: 1 PSP = 0.9778 DOP. The price of converting 1 ParaSwap (PSP) to Dominican Peso (DOP) is 0.9778 DOP today.
PSP
PSP
DOP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PSP to DOP real-time exchange rates, making it easy to convert ParaSwap (PSP) to Dominican Peso (DOP). The conversion result is based on real-time data. The conversion result shows that 1 PSP is currently valued at 0.98 DOP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PSP is currently valued at 0.98 DOP, which means buying 5 PSP would cost 4.89 DOP. Similarly, RD$1 DOP can be converted to 1.02 PSP, and RD$50 DOP can be converted to 5.11 PSP, excluding any platform or gas fees.

Convert PSP to DOP

Convert DOP to PSP

ParaSwap
Dominican Peso
5000 PSP
4,889.05  DOP
10000 PSP
9,778.09  DOP
In the table above, you'll find a comprehensive PSP to DOP converter that shows the value of ParaSwap in Dominican Peso across commonly used conversion amounts. The list covers conversions from 1 PSP to DOP, all the way up to 10000 PSP, providing a clear view of their respective values.
Dominican Peso
ParaSwap
10000 DOP
10,226.94 PSP
50000 DOP
51,134.71 PSP
100000 DOP
102,269.43 PSP
In the table above, you'll find a comprehensive DOP to PSP converter that shows the value of Dominican Peso in ParaSwap across commonly used conversion amounts. The list covers conversions from 1 DOP to PSP, all the way up to 100000 DOP, providing a clear view of their respective values.

PSP to DOP chart

PSP/DOP: 1 PSP = 0.9778 DOP; 2025/05/01 14:34:26
In the past 1D, ParaSwap has changed +8.37% to DOP. Based on the trend and price charts, ParaSwap(PSP) has changed +8.37% to DOP while Dominican Peso(DOP) has changed % to PSP in the last 24 hours.
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PSP to DOP conversion data: Volatility and price changes of ParaSwap in DOP

The highest ParaSwap price in DOP over the past 7 days was 0.9796 DOP while the lowest ParaSwap price in DOP over the past 7 days was 0.9014 DOP. The relative change between the highs and lows in ParaSwap price in DOP over the last 7 days indicates a volatility of %. You can view additional volatility data and PSP to DOP prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.9796 DOP
0.9796 DOP
1.09 DOP
1.47 DOP
Low
0.9014 DOP
0.9014 DOP
0.7924 DOP
0.7924 DOP
Average
0 DOP
0 DOP
0 DOP
0 DOP
Volatility
%
%
%
%
Change
+8.37%
+8.43%
-6.66%
-24.75%

ParaSwap information

PSP to DOP market statistics

PSP/DOP:
RD$0.9778
PSP 24h volume:
RD$19,121,493.45
PSP market cap:
RD$728,445,346.11
PSP circulating supply:
744.98M PSP

Current PSP to DOP exchange rate

ParaSwap to Dominican Peso is rising this week.
ParaSwap's current market price is RD$0.9778 per PSP, with a total market cap of RD$728,445,346.11 DOP based on a circulating supply of 744,976,900 PSP. The trading volume of ParaSwap has changed by +261.80% (RD$13,836,458.73 DOP) in the last 24 hours. Last trading day, PSP's trading volume was RD$5,285,034.72.

More info about ParaSwap 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.

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

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How to convert PSP to DOP

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PSP to DOP Conversion tables

The exchange rate of ParaSwap is decreasing.
The exchange rate of 1 PSP to Dominican Peso has changed by +8.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.37%, reaching a high of 0.9796 DOP and a low of 0.9014 DOP . One month ago, the value of 1 PSP was RD$1.05 DOP , which represents a -6.66% change from its current value. Over the last year, ParaSwap has changed by
-RD$
0.8273DOP
, resulting in a change of -45.83% in its value.
24 hours ago1 month ago1 year ago
Amount14:34 today24 hours ago24h change
0.5 PSPRD$0.4889RD$0.4511
+8.37%
1 PSPRD$0.9778RD$0.9023
+8.37%
5 PSPRD$4.89RD$4.51
+8.37%
10 PSPRD$9.78RD$9.02
+8.37%
50 PSPRD$48.89RD$45.11
+8.37%
100 PSPRD$97.78RD$90.23
+8.37%
500 PSPRD$488.9RD$451.13
+8.37%
1000 PSPRD$977.81RD$902.26
+8.37%

PSP to DOP FAQ

How much is 1 ParaSwap in DOP?
Right now, the price of 1 ParaSwap (PSP) in Dominican Peso (DOP) is RD$0.9778.
How much PSP can I buy for 1 DOP?
Based on the current exchange rate, you can get 1.02 PSP for 1 DOP.
How do I calculate or convert PSP to DOP?
You can use our PSP to DOP calculator at the top of this page to convert any amount of PSP to DOP. We've also included quick-reference tables for the most popular conversions. For example, 5 DOP is equivalent to 5.11 PSP, while 5 PSP will cost around 4.89DOP.
What is the highest price of PSP/DOP in history?
The all-time high price of 1 PSP in DOP is RD$446.91. It remains to be seen if the value of 1 PSP/DOP will exceed the current all-time high.
What is the price trend of ParaSwap in DOP?
Over the past 7 days, the exchange rate of ParaSwap (PSP) has gone up by 8.43%.   Over the last month, the exchange rate of ParaSwap (PSP) has gone down by 6.66% against Dominican Peso (DOP).

What factors influence the conversion rate of PSP to DOP?

There are many factors that affect the relationship between ParaSwap and Dominican Peso, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PSP/DOP. When there is positive news in the market about the widespread adoption of PSP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PSP/DOP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PSP/DOP.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PSP/DOP. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of ParaSwap and adjust their investment strategies accordingly in the evolving market.

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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.