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NYT to VND Converter and calculator

NYT/VND: 1 NYT = 0.00 VND. The price of converting 1 New Year Token (NYT) to Vietnamese Dong (VND) is 0.00 VND today.
NYT
NYT
VND
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NYT to VND real-time exchange rates, making it easy to convert New Year Token (NYT) to Vietnamese Dong (VND). The conversion result is based on real-time data. The conversion result shows that 1 NYT is currently valued at 0 VND. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NYT is currently valued at 0 VND, which means buying 5 NYT would cost 0 VND. Similarly, ₫1 VND can be converted to Infinity NYT, and ₫50 VND can be converted to Infinity NYT, excluding any platform or gas fees.

Convert NYT to VND

Convert VND to NYT

New Year Token
Vietnamese Dong
In the table above, you'll find a comprehensive NYT to VND converter that shows the value of New Year Token in Vietnamese Dong across commonly used conversion amounts. The list covers conversions from 1 NYT to VND, all the way up to 10000 NYT, providing a clear view of their respective values.
Vietnamese Dong
New Year Token
100000 VND
Infinity NYT
In the table above, you'll find a comprehensive VND to NYT converter that shows the value of Vietnamese Dong in New Year Token across commonly used conversion amounts. The list covers conversions from 1 VND to NYT, all the way up to 100000 VND, providing a clear view of their respective values.

NYT to VND chart

NYT/VND: 1 NYT = 0 VND; 2025/04/26 23:43:44
In the past 1D, New Year Token has changed -1.23% to VND. Based on the trend and price charts, New Year Token(NYT) has changed -1.23% to VND while Vietnamese Dong(VND) has changed % to NYT in the last 24 hours.
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NYT to VND conversion data: Volatility and price changes of New Year Token in VND

The highest New Year Token price in VND over the past 7 days was 16.98 VND while the lowest New Year Token price in VND over the past 7 days was 9.28 VND. The relative change between the highs and lows in New Year Token price in VND over the last 7 days indicates a volatility of %. You can view additional volatility data and NYT 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
9.35 VND
16.98 VND
17.69 VND
27.85 VND
Low
9.28 VND
9.28 VND
9.28 VND
9.28 VND
Average
0 VND
0 VND
0 VND
0 VND
Volatility
%
%
%
%
Change
-1.23%
-45.43%
-29.28%
-59.34%

New Year Token information

NYT to VND market statistics

NYT/VND:
--
NYT 24h volume:
--
NYT market cap:
--
NYT circulating supply:
0 NYT

Current NYT to VND exchange rate

New Year Token to Vietnamese Dong is falling this week.
New Year Token's current market price is ₫0 per NYT, with a total market cap of ₫0 VND based on a circulating supply of -- NYT. The trading volume of New Year Token has changed by 0.00% (₫0 VND) in the last 24 hours. Last trading day, NYT's trading volume was ₫0.

More info about New Year Token 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 New Year Token currency pair is the NYT to VND, with for New Year Token's currency code being NYT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for VND.

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NYT to VND Conversion tables

The exchange rate of New Year Token is decreasing.
The exchange rate of 1 NYT to Vietnamese Dong has changed by -45.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.23%, reaching a high of 9.35 VND and a low of 9.28 VND . One month ago, the value of 1 NYT was ₫3.84 VND , which represents a -29.28% change from its current value. Over the last year, New Year Token has changed by
-
2.25VND
, resulting in a change of -19.49% in its value.
24 hours ago1 month ago1 year ago
Amount23:43 today24 hours ago24h change
0.5 NYT₫0₫0.05774
-1.23%
1 NYT₫0₫0.1155
-1.23%
5 NYT₫0₫0.5774
-1.23%
10 NYT₫0₫1.15
-1.23%
50 NYT₫0₫5.77
-1.23%
100 NYT₫0₫11.55
-1.23%
500 NYT₫0₫57.74
-1.23%
1000 NYT₫0₫115.48
-1.23%

NYT to VND FAQ

How much is 1 New Year Token in VND?
Right now, the price of 1 New Year Token (NYT) in Vietnamese Dong (VND) is ₫0.
How much NYT can I buy for 1 VND?
Based on the current exchange rate, you can get Infinity NYT for 1 VND.
How do I calculate or convert NYT to VND?
You can use our NYT to VND calculator at the top of this page to convert any amount of NYT to VND. We've also included quick-reference tables for the most popular conversions. For example, 5 VND is equivalent to Infinity NYT, while 5 NYT will cost around 0.00VND.
What is the highest price of NYT/VND in history?
The all-time high price of 1 NYT in VND is ₫1,169.26. It remains to be seen if the value of 1 NYT/VND will exceed the current all-time high.
What is the price trend of New Year Token in VND?
Over the past 7 days, the exchange rate of New Year Token (NYT) has gone down by 45.43%.   Over the last month, the exchange rate of New Year Token (NYT) has gone down by 29.28% against Vietnamese Dong (VND).

What factors influence the conversion rate of NYT to VND?

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