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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.90%
BTC/USDT$82794.69 (-0.26%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.90%
BTC/USDT$82794.69 (-0.26%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
FRAX
DOP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Frax(FRAX) to Dominican Peso(DOP). This is the real-time data. The current conversion shows 1 FRAX at a value of 1 FRAX for 63.01 DOP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
DOP 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 Frax currency pair is the FRAX to DOP, with for Frax's currency code being FRAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DOP.
FRAX to DOP conversion rate trend
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In the past 1D, Frax has changed +0.02% to DOP. Based on the trend and price charts, Frax(FRAX) has changed +0.02% to DOP while Dominican Peso(DOP) has changed % to FRAX in the last 24 hours.
FRAX to DOP market statistics
FRAX/DOP:
$ 63.01
FRAX 24h volume:
$ 37,706,734.2
FRAX market cap:
$ 21,935,441,475.52
FRAX circulating supply:
348.13M FRAX
More info about Frax on Bitget
Current FRAX to DOP exchange rate
Frax to Dominican Peso is falling this week.Frax's current market price is $ 63.01 per FRAX, with a total market cap of $ 21,935,441,475.52 DOP based on a circulating supply of 348,133,100 FRAX. The trading volume of Frax has changed by -91.90% ($ -427,653,382.82 DOP) in the last 24 hours. Last trading day, FRAX's trading volume was $ 465,360,117.02.
FRAX to DOP Conversion tables
The exchange rate of Frax is increasing.1 FRAX is currently valued at $ 63.01 DOP , which means buying 5 FRAX will cost $ 315.04 DOP . Similarly, $1 DOP can be traded for 0.01587 FRAX, and $50 DOP can be converted to 0.7935 FRAX, excluding any platform or gas fees.
The exchange rate of 1 FRAX to Dominican Peso has changed by -0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 63.05 DOP and a low of 62.95 DOP . One month ago, the value of 1 FRAX was $ 62.87 DOP , which represents a +0.23% change from its current value. Over the last year, Frax has changed by , resulting in a change of +0.10% in its value.
+$
0.06052DOPFRAX to DOP
Amount
15:09 today
0.5 FRAX
$31.5
1 FRAX
$63.01
5 FRAX
$315.04
10 FRAX
$630.09
50 FRAX
$3,150.44
100 FRAX
$6,300.88
500 FRAX
$31,504.39
1000 FRAX
$63,008.78
DOP to FRAX
Amount15:09 today
0.5DOP0.007935 FRAX
1DOP0.01587 FRAX
5DOP0.07935 FRAX
10DOP0.1587 FRAX
50DOP0.7935 FRAX
100DOP1.59 FRAX
500DOP7.94 FRAX
1000DOP15.87 FRAX
FRAX to DOP Today vs. 24 hours ago
| Amount | 15:09 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRAX | $31.5 | $31.5 | +0.02% |
| 1 FRAX | $63.01 | $63 | +0.02% |
| 5 FRAX | $315.04 | $315 | +0.02% |
| 10 FRAX | $630.09 | $629.99 | +0.02% |
| 50 FRAX | $3,150.44 | $3,149.96 | +0.02% |
| 100 FRAX | $6,300.88 | $6,299.92 | +0.02% |
| 500 FRAX | $31,504.39 | $31,499.62 | +0.02% |
| 1000 FRAX | $63,008.78 | $62,999.23 | +0.02% |
FRAX to DOP Today vs. 1 month ago
| Amount | 15:09 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRAX | $31.5 | $31.43 | +0.23% |
| 1 FRAX | $63.01 | $62.87 | +0.23% |
| 5 FRAX | $315.04 | $314.33 | +0.23% |
| 10 FRAX | $630.09 | $628.67 | +0.23% |
| 50 FRAX | $3,150.44 | $3,143.34 | +0.23% |
| 100 FRAX | $6,300.88 | $6,286.69 | +0.23% |
| 500 FRAX | $31,504.39 | $31,433.43 | +0.23% |
| 1000 FRAX | $63,008.78 | $62,866.86 | +0.23% |
FRAX to DOP Today vs. 1 year ago
| Amount | 15:09 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRAX | $31.5 | $31.47 | +0.10% |
| 1 FRAX | $63.01 | $62.95 | +0.10% |
| 5 FRAX | $315.04 | $314.74 | +0.10% |
| 10 FRAX | $630.09 | $629.48 | +0.10% |
| 50 FRAX | $3,150.44 | $3,147.41 | +0.10% |
| 100 FRAX | $6,300.88 | $6,294.83 | +0.10% |
| 500 FRAX | $31,504.39 | $31,474.13 | +0.10% |
| 1000 FRAX | $63,008.78 | $62,948.26 | +0.10% |
How to convert FRAX to DOP
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Convert FRAX to DOP
Use a variety of payment options to buy Frax on Bitget. We'll show you how.
Buy FRAX (or USDT) for DOP (Dominican Peso) offers
Bitget P2P trading does not currently support direct buying of FRAX with DOP. However, you can buy USDT in Bitget P2P trading first, and then buy FRAX with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell FRAX (or USDT) for DOP (Dominican Peso) offers
Bitget P2P trading currently does not support direct selling of FRAX to DOP. However, you can first exchange FRAX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of FRAX to DOP?
There are many factors that affect the relationship between Frax 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 FRAX/DOP. When there is positive news in the market about the widespread adoption of FRAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FRAX/DOP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FRAX/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.
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 FRAX/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 Frax and adjust their investment strategies accordingly in the evolving market.
Frax price prediction
What will the price of FRAX be in 2026?
Based on FRAX's historical price performance prediction model, the price of FRAX is projected to reach $1.2 in 2026.
What will the price of FRAX be in 2031?
In 2031, the FRAX price is expected to change by +16.00%. By the end of 2031, the FRAX price is projected to reach $1.52, with a cumulative ROI of +51.80%.
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Popular Frax Converter
Check out these popular currency conversions of Frax to several fiat currencies.
FRAX to TWD
1 FRAX to NT$ 33.15 TWD
FRAX to DOP
1 FRAX to $ 63.01 DOP
FRAX to CNY
1 FRAX to ¥ 7.28 CNY
FRAX to USD
1 FRAX to $ 0.9988 USD
FRAX to EUR
1 FRAX to € 0.9113 EUR
FRAX to CAD
1 FRAX to $ 1.42 CAD
FRAX to KRW
1 FRAX to ₩ 1,457.73 KRW
FRAX to JPY
1 FRAX to ¥ 146.87 JPY
FRAX to GBP
1 FRAX to £ 0.7755 GBP
FRAX to BRL
1 FRAX to R$ 5.84 BRL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Frax and DOP.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Frax and DOP. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Frax in DOP, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
