FRED to DOP Converter and calculator


Conversion rates
Convert FRED to DOP
Convert DOP to FRED
FRED to DOP chart
FRED to DOP conversion data: Volatility and price changes of First Convicted RACCON in DOP
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2563 DOP | 0.2574 DOP | 0.2574 DOP | 0.5792 DOP |
Low | 0.2242 DOP | 0.1750 DOP | 0.1604 DOP | 0.1447 DOP |
Average | 0 DOP | 0 DOP | 0 DOP | 0 DOP |
Volatility | % | % | % | % |
Change | -4.34% | +27.80% | +11.26% | -20.95% |
First Convicted RACCON information
FRED to DOP market statistics
Current FRED to DOP exchange rate
First Convicted RACCON to Dominican Peso is rising this week.More info about First Convicted RACCON 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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FRED to DOP Conversion tables
Amount | 15:48 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FRED | RD$0.1143 | RD$0.1195 | -4.34% |
1 FRED | RD$0.2287 | RD$0.2390 | -4.34% |
5 FRED | RD$1.14 | RD$1.19 | -4.34% |
10 FRED | RD$2.29 | RD$2.39 | -4.34% |
50 FRED | RD$11.43 | RD$11.95 | -4.34% |
100 FRED | RD$22.87 | RD$23.9 | -4.34% |
500 FRED | RD$114.33 | RD$119.49 | -4.34% |
1000 FRED | RD$228.67 | RD$238.98 | -4.34% |
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