RAFFLES to DOP Converter and calculator


Conversion rates
Convert RAFFLES to DOP
Convert DOP to RAFFLES
RAFFLES to DOP chart
RAFFLES to DOP conversion data: Volatility and price changes of Degen Raffles in DOP
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0004578 DOP | 0.0004578 DOP | 0.001860 DOP | 0.001860 DOP |
Low | 0.0004310 DOP | 0.0003771 DOP | 0.0003190 DOP | 0.0003179 DOP |
Average | 0 DOP | 0 DOP | 0 DOP | 0 DOP |
Volatility | % | % | % | % |
Change | -2.38% | +15.08% | +40.08% | +36.68% |
Degen Raffles information
RAFFLES to DOP market statistics
Current RAFFLES to DOP exchange rate
Degen Raffles to Dominican Peso is rising this week.More info about Degen Raffles 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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RAFFLES to DOP Conversion tables
Amount | 16:02 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 RAFFLES | RD$0 | RD$0.{5}5447 | -2.38% |
1 RAFFLES | RD$0 | RD$0.{4}1089 | -2.38% |
5 RAFFLES | RD$0 | RD$0.{4}5447 | -2.38% |
10 RAFFLES | RD$0 | RD$0.0001089 | -2.38% |
50 RAFFLES | RD$0 | RD$0.0005447 | -2.38% |
100 RAFFLES | RD$0 | RD$0.001089 | -2.38% |
500 RAFFLES | RD$0 | RD$0.005447 | -2.38% |
1000 RAFFLES | RD$0 | RD$0.01089 | -2.38% |
RAFFLES to DOP FAQ
What factors influence the conversion rate of RAFFLES to DOP?
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