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FPIS to VND Converter and calculator

FPIS/VND: 1 FPIS = 13,787.21 VND. The price of converting 1 Frax Price Index Share (FPIS) to Vietnamese Dong (VND) is 13,787.21 VND today.
FPIS
FPIS
VND
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FPIS to VND real-time exchange rates, making it easy to convert Frax Price Index Share (FPIS) to Vietnamese Dong (VND). The conversion result is based on real-time data. The conversion result shows that 1 FPIS is currently valued at 13787.21 VND. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FPIS is currently valued at 13787.21 VND, which means buying 5 FPIS would cost 68936.07 VND. Similarly, ₫1 VND can be converted to 0.{4}7253 FPIS, and ₫50 VND can be converted to 0.0003627 FPIS, excluding any platform or gas fees.

Convert FPIS to VND

Convert VND to FPIS

Frax Price Index Share
Vietnamese Dong
1 FPIS
13,787.21  VND
2 FPIS
27,574.43  VND
5 FPIS
68,936.07  VND
10 FPIS
137,872.13  VND
20 FPIS
275,744.27  VND
50 FPIS
689,360.67  VND
100 FPIS
1,378,721.34  VND
200 FPIS
2,757,442.68  VND
500 FPIS
6,893,606.69  VND
1000 FPIS
13,787,213.38  VND
5000 FPIS
68,936,066.91  VND
10000 FPIS
137,872,133.81  VND
In the table above, you'll find a comprehensive FPIS to VND converter that shows the value of Frax Price Index Share in Vietnamese Dong across commonly used conversion amounts. The list covers conversions from 1 FPIS to VND, all the way up to 10000 FPIS, providing a clear view of their respective values.
Vietnamese Dong
Frax Price Index Share
In the table above, you'll find a comprehensive VND to FPIS converter that shows the value of Vietnamese Dong in Frax Price Index Share across commonly used conversion amounts. The list covers conversions from 1 VND to FPIS, all the way up to 100000 VND, providing a clear view of their respective values.

FPIS to VND chart

FPIS/VND: 1 FPIS = 13,787.21 VND; 2025/04/27 15:21:30
In the past 1D, Frax Price Index Share has changed +11.51% to VND. Based on the trend and price charts, Frax Price Index Share(FPIS) has changed +11.51% to VND while Vietnamese Dong(VND) has changed % to FPIS in the last 24 hours.
1D7D1M3M1YAll

FPIS to VND conversion data: Volatility and price changes of Frax Price Index Share in VND

The highest Frax Price Index Share price in VND over the past 7 days was 13,830.94 VND while the lowest Frax Price Index Share price in VND over the past 7 days was 10,245.89 VND. The relative change between the highs and lows in Frax Price Index Share price in VND over the last 7 days indicates a volatility of %. You can view additional volatility data and FPIS to VND 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
13,830.94 VND
13,830.94 VND
13,830.94 VND
20,140.45 VND
Low
12,374.68 VND
10,245.89 VND
8,362.71 VND
8,362.71 VND
Average
0 VND
0 VND
0 VND
0 VND
Volatility
%
%
%
%
Change
+11.51%
+22.93%
+13.46%
-30.15%

Frax Price Index Share information

FPIS to VND market statistics

FPIS/VND:
₫13,787.21
FPIS 24h volume:
₫223,907,395.96
FPIS market cap:
--
FPIS circulating supply:
0 FPIS

Current FPIS to VND exchange rate

Frax Price Index Share to Vietnamese Dong is rising this week.
Frax Price Index Share's current market price is ₫13,787.21 per FPIS, with a total market cap of ₫0 VND based on a circulating supply of -- FPIS. The trading volume of Frax Price Index Share has changed by 0.00% (₫0 VND) in the last 24 hours. Last trading day, FPIS's trading volume was ₫223,907,395.96.

More info about Frax Price Index Share on Bitget

Vietnamese Dong 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.

Bitget crypto-to-fiat exchange data shows that the most popular Frax Price Index Share currency pair is the FPIS to VND, with for Frax Price Index Share's currency code being FPIS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for VND.

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How to convert FPIS to VND

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Buy FPIS (or USDT) for VND (Vietnamese Dong) offers
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FPIS to VND Conversion tables

The exchange rate of Frax Price Index Share is increasing.
The exchange rate of 1 FPIS to Vietnamese Dong has changed by +22.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.51%, reaching a high of 13,830.94 VND and a low of 12,374.68 VND . One month ago, the value of 1 FPIS was ₫12,151.71 VND , which represents a +13.46% change from its current value. Over the last year, Frax Price Index Share has changed by
-
14,663.72VND
, resulting in a change of -51.54% in its value.
24 hours ago1 month ago1 year ago
Amount15:21 today24 hours ago24h change
0.5 FPIS₫6,893.61₫6,182.2
+11.51%
1 FPIS₫13,787.21₫12,364.4
+11.51%
5 FPIS₫68,936.07₫61,821.98
+11.51%
10 FPIS₫137,872.13₫123,643.96
+11.51%
50 FPIS₫689,360.67₫618,219.8
+11.51%
100 FPIS₫1,378,721.34₫1,236,439.6
+11.51%
500 FPIS₫6,893,606.69₫6,182,198.01
+11.51%
1000 FPIS₫13,787,213.38₫12,364,396.02
+11.51%

FPIS to VND FAQ

How much is 1 Frax Price Index Share in VND?
Right now, the price of 1 Frax Price Index Share (FPIS) in Vietnamese Dong (VND) is ₫13,787.21.
How much FPIS can I buy for 1 VND?
Based on the current exchange rate, you can get 0.{4}7253 FPIS for 1 VND.
How do I calculate or convert FPIS to VND?
You can use our FPIS to VND calculator at the top of this page to convert any amount of FPIS to VND. We've also included quick-reference tables for the most popular conversions. For example, 5 VND is equivalent to 0.0003627 FPIS, while 5 FPIS will cost around 68,936.07VND.
What is the highest price of FPIS/VND in history?
The all-time high price of 1 FPIS in VND is ₫369,578.16. It remains to be seen if the value of 1 FPIS/VND will exceed the current all-time high.
What is the price trend of Frax Price Index Share in VND?
Over the past 7 days, the exchange rate of Frax Price Index Share (FPIS) has gone up by 22.93%.   Over the last month, the exchange rate of Frax Price Index Share (FPIS) has gone up by 13.46% against Vietnamese Dong (VND).

What factors influence the conversion rate of FPIS to VND?

There are many factors that affect the relationship between Frax Price Index Share and Vietnamese Dong, 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 FPIS/VND. When there is positive news in the market about the widespread adoption of FPIS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FPIS/VND. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FPIS/VND.
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 FPIS/VND. 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 Frax Price Index Share 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.