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SBD to VND Converter and calculator

SBD/VND: 1 SBD = 22,818.44 VND. The price of converting 1 Steem Dollars (SBD) to Vietnamese Dong (VND) is 22,818.44 VND today.
SBD
SBD
VND
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SBD to VND real-time exchange rates, making it easy to convert Steem Dollars (SBD) to Vietnamese Dong (VND). The conversion result is based on real-time data. The conversion result shows that 1 SBD is currently valued at 22818.44 VND. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SBD is currently valued at 22818.44 VND, which means buying 5 SBD would cost 114092.20 VND. Similarly, ₫1 VND can be converted to 0.{4}4382 SBD, and ₫50 VND can be converted to 0.0002191 SBD, excluding any platform or gas fees.

Convert SBD to VND

Convert VND to SBD

Steem Dollars
Vietnamese Dong
10 SBD
228,184.41  VND
20 SBD
456,368.82  VND
50 SBD
1,140,922.05  VND
100 SBD
2,281,844.09  VND
200 SBD
4,563,688.18  VND
500 SBD
11,409,220.46  VND
1000 SBD
22,818,440.92  VND
5000 SBD
114,092,204.59  VND
10000 SBD
228,184,409.18  VND
In the table above, you'll find a comprehensive SBD to VND converter that shows the value of Steem Dollars in Vietnamese Dong across commonly used conversion amounts. The list covers conversions from 1 SBD to VND, all the way up to 10000 SBD, providing a clear view of their respective values.
Vietnamese Dong
Steem Dollars
In the table above, you'll find a comprehensive VND to SBD converter that shows the value of Vietnamese Dong in Steem Dollars across commonly used conversion amounts. The list covers conversions from 1 VND to SBD, all the way up to 100000 VND, providing a clear view of their respective values.

SBD to VND chart

SBD/VND: 1 SBD = 22,818.44 VND; 2025/04/30 19:25:39
In the past 1D, Steem Dollars has changed +1.13% to VND. Based on the trend and price charts, Steem Dollars(SBD) has changed +1.13% to VND while Vietnamese Dong(VND) has changed % to SBD in the last 24 hours.
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SBD to VND conversion data: Volatility and price changes of Steem Dollars in VND

The highest Steem Dollars price in VND over the past 7 days was 24,450.82 VND while the lowest Steem Dollars price in VND over the past 7 days was 19,774.16 VND. The relative change between the highs and lows in Steem Dollars price in VND over the last 7 days indicates a volatility of %. You can view additional volatility data and SBD 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
22,896.08 VND
24,450.82 VND
46,334.43 VND
178,502.3 VND
Low
22,183.51 VND
19,774.16 VND
15,154.97 VND
11,286.98 VND
Average
0 VND
0 VND
0 VND
0 VND
Volatility
%
%
%
%
Change
+1.13%
+1.69%
+21.93%
-80.16%

Steem Dollars information

SBD to VND market statistics

SBD/VND:
₫22,818.44
SBD 24h volume:
₫36,057,135,862.6
SBD market cap:
₫223,658,375,313.83
SBD circulating supply:
9.80M SBD

Current SBD to VND exchange rate

Steem Dollars to Vietnamese Dong is rising this week.
Steem Dollars's current market price is ₫22,818.44 per SBD, with a total market cap of ₫223,658,375,313.83 VND based on a circulating supply of 9,801,650 SBD. The trading volume of Steem Dollars has changed by +33.33% (₫9,014,378,615.3 VND) in the last 24 hours. Last trading day, SBD's trading volume was ₫27,042,757,247.3.

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

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How to convert SBD to VND

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1 SBD to ₫22,818.44 VND
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SBD to VND Conversion tables

The exchange rate of Steem Dollars is increasing.
The exchange rate of 1 SBD to Vietnamese Dong has changed by +1.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.13%, reaching a high of 22,896.08 VND and a low of 22,183.51 VND . One month ago, the value of 1 SBD was ₫18,713.66 VND , which represents a +21.93% change from its current value. Over the last year, Steem Dollars has changed by
-
75,844.1VND
, resulting in a change of -76.87% in its value.
24 hours ago1 month ago1 year ago
Amount19:25 today24 hours ago24h change
0.5 SBD₫11,409.22₫11,281.42
+1.13%
1 SBD₫22,818.44₫22,562.83
+1.13%
5 SBD₫114,092.2₫112,814.16
+1.13%
10 SBD₫228,184.41₫225,628.32
+1.13%
50 SBD₫1,140,922.05₫1,128,141.58
+1.13%
100 SBD₫2,281,844.09₫2,256,283.15
+1.13%
500 SBD₫11,409,220.46₫11,281,415.77
+1.13%
1000 SBD₫22,818,440.92₫22,562,831.53
+1.13%

SBD to VND FAQ

How much is 1 Steem Dollars in VND?
Right now, the price of 1 Steem Dollars (SBD) in Vietnamese Dong (VND) is ₫22,818.44.
How much SBD can I buy for 1 VND?
Based on the current exchange rate, you can get 0.{4}4382 SBD for 1 VND.
How do I calculate or convert SBD to VND?
You can use our SBD to VND calculator at the top of this page to convert any amount of SBD to VND. We've also included quick-reference tables for the most popular conversions. For example, 5 VND is equivalent to 0.0002191 SBD, while 5 SBD will cost around 114,092.2VND.
What is the highest price of SBD/VND in history?
The all-time high price of 1 SBD in VND is ₫580,982.91. It remains to be seen if the value of 1 SBD/VND will exceed the current all-time high.
What is the price trend of Steem Dollars in VND?
Over the past 7 days, the exchange rate of Steem Dollars (SBD) has gone up by 1.69%.   Over the last month, the exchange rate of Steem Dollars (SBD) has gone up by 21.93% against Vietnamese Dong (VND).

What factors influence the conversion rate of SBD to VND?

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