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Gaj Finance to Vietnamese Dong Converter and calculator

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Convert 1Gaj Finance (GAJ) to Vietnamese Dong (VND) equals ₫ 98.99 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Gaj Finance(GAJ) to Vietnamese Dong(VND). This is the real-time data. The current conversion shows 1 GAJ at a value of 1 GAJ for 98.99 VND . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

VND 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.

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

GAJ to VND conversion rate trend

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In the past 1D, Gaj Finance has changed -0.28% to VND. Based on the trend and price charts, Gaj Finance(GAJ) has changed -0.28% to VND while Vietnamese Dong(VND) has changed % to GAJ in the last 24 hours.

GAJ to VND market statistics

GAJ/VND:
₫ 98.99
GAJ 24h volume:
--
GAJ market cap:
₫ 192,177,065.68
GAJ circulating supply:
1.94M GAJ

Current GAJ to VND exchange rate

Gaj Finance to Vietnamese Dong is falling this week.
Gaj Finance's current market price is ₫ 98.99 per GAJ, with a total market cap of ₫ 192,177,065.68 VND based on a circulating supply of 1,941,413 GAJ. The trading volume of Gaj Finance has changed by -100.00% (₫ -- VND) in the last 24 hours. Last trading day, GAJ's trading volume was ₫ --.

GAJ to VND Conversion tables

The exchange rate of Gaj Finance is decreasing.
1 GAJ is currently valued at ₫ 98.99 VND , which means buying 5 GAJ will cost ₫ 494.94 VND . Similarly, ₫1 VND can be traded for 0.01010 GAJ, and ₫50 VND can be converted to 0.5051 GAJ, excluding any platform or gas fees.
The exchange rate of 1 GAJ to Vietnamese Dong has changed by -6.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.28%, reaching a high of 99.95 VND and a low of 98.93 VND . One month ago, the value of 1 GAJ was ₫ 120.24 VND , which represents a -17.68% change from its current value. Over the last year, Gaj Finance has changed by
-
80.41VND
, resulting in a change of -44.82% in its value.

GAJ to VND

Amount
09:19 am today
0.5 GAJ
49.49
1 GAJ
98.99
5 GAJ
494.94
10 GAJ
989.88
50 GAJ
4,949.41
100 GAJ
9,898.82
500 GAJ
49,494.12
1000 GAJ
98,988.25

VND to GAJ

Amount09:19 am today
0.5VND0.005051  GAJ
1VND0.01010  GAJ
5VND0.05051  GAJ
10VND0.1010  GAJ
50VND0.5051  GAJ
100VND1.01  GAJ
500VND5.05  GAJ
1000VND10.1  GAJ
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GAJ to VND Today vs. 24 hours ago

Amount09:19 am today24 hours ago24h change
0.5 GAJ₫49.49₫49.63
-0.28%
1 GAJ₫98.99₫99.27
-0.28%
5 GAJ₫494.94₫496.34
-0.28%
10 GAJ₫989.88₫992.67
-0.28%
50 GAJ₫4,949.41₫4,963.35
-0.28%
100 GAJ₫9,898.82₫9,926.71
-0.28%
500 GAJ₫49,494.12₫49,633.54
-0.28%
1000 GAJ₫98,988.25₫99,267.07
-0.28%

GAJ to VND Today vs. 1 month ago

Amount09:19 am today1 month ago1M change
0.5 GAJ₫49.49₫60.12
-17.68%
1 GAJ₫98.99₫120.24
-17.68%
5 GAJ₫494.94₫601.21
-17.68%
10 GAJ₫989.88₫1,202.41
-17.68%
50 GAJ₫4,949.41₫6,012.07
-17.68%
100 GAJ₫9,898.82₫12,024.15
-17.68%
500 GAJ₫49,494.12₫60,120.74
-17.68%
1000 GAJ₫98,988.25₫120,241.49
-17.68%

GAJ to VND Today vs. 1 year ago

Amount09:19 am today1 year ago1Y change
0.5 GAJ₫49.49₫89.7
-44.82%
1 GAJ₫98.99₫179.4
-44.82%
5 GAJ₫494.94₫896.99
-44.82%
10 GAJ₫989.88₫1,793.99
-44.82%
50 GAJ₫4,949.41₫8,969.94
-44.82%
100 GAJ₫9,898.82₫17,939.88
-44.82%
500 GAJ₫49,494.12₫89,699.38
-44.82%
1000 GAJ₫98,988.25₫179,398.76
-44.82%

How to convert GAJ to VND

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Convert GAJ to VND
Use a variety of payment options to buy Gaj Finance on Bitget. We'll show you how.

Buy GAJ (or USDT) for VND (Vietnamese Dong) offers

Bitget P2P trading does not currently support direct buying of GAJ with VND. However, you can buy USDT in Bitget P2P trading first, and then buy GAJ with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell GAJ (or USDT) for VND (Vietnamese Dong) offers

Bitget P2P trading currently does not support direct selling of GAJ to VND. However, you can first exchange GAJ for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of GAJ to VND?

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

Gaj Finance price prediction

What will the price of GAJ be in 2026?

Based on GAJ's historical price performance prediction model, the price of GAJ is projected to reach $0.004645 in 2026.

What will the price of GAJ be in 2031?

In 2031, the GAJ price is expected to change by +13.00%. By the end of 2031, the GAJ price is projected to reach $0.005958, with a cumulative ROI of +53.08%.

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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 Gaj Finance and VND.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Gaj Finance and VND. 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 Gaj Finance in VND, 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.