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KnightSwap to Vietnamese Dong Converter and calculator

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Convert 1KnightSwap (KNIGHT) to Vietnamese Dong (PAB) equals B/. 0.0002613 | 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 KnightSwap(KNIGHT) to Vietnamese Dong(PAB). This is the real-time data. The current conversion shows 1 KNIGHT at a value of 1 KNIGHT for 0.00 PAB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PAB 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 KnightSwap currency pair is the KNIGHT to PAB, with for KnightSwap's currency code being KNIGHT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

KNIGHT to PAB conversion rate trend

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In the past 1D, KnightSwap has changed -2.93% to PAB. Based on the trend and price charts, KnightSwap(KNIGHT) has changed -2.93% to PAB while Vietnamese Dong(PAB) has changed % to KNIGHT in the last 24 hours.

KNIGHT to PAB market statistics

KNIGHT/PAB:
B/. 0.0002613
KNIGHT 24h volume:
B/. 161,529.96
KNIGHT market cap:
--
KNIGHT circulating supply:
0 KNIGHT

Current KNIGHT to PAB exchange rate

KnightSwap to Vietnamese Dong is falling this week.
KnightSwap's current market price is B/. 0.0002613 per KNIGHT, with a total market cap of B/. 0 PAB based on a circulating supply of -- KNIGHT. The trading volume of KnightSwap has changed by -0.13% (B/. -212.53 PAB) in the last 24 hours. Last trading day, KNIGHT's trading volume was B/. 161,742.49.

KNIGHT to PAB Conversion tables

The exchange rate of KnightSwap is decreasing.
1 KNIGHT is currently valued at B/. 0.0002613 PAB , which means buying 5 KNIGHT will cost B/. 0.001307 PAB . Similarly, B/.1 PAB can be traded for 3,826.92 KNIGHT, and B/.50 PAB can be converted to 191,346.22 KNIGHT, excluding any platform or gas fees.
The exchange rate of 1 KNIGHT to Vietnamese Dong has changed by -10.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.93%, reaching a high of 0.0002754 PAB and a low of 0.0002563 PAB . One month ago, the value of 1 KNIGHT was B/. 0.002289 PAB , which represents a -88.59% change from its current value. Over the last year, KnightSwap has changed by
-B/.
0.001632PAB
, resulting in a change of -86.20% in its value.

KNIGHT to PAB

Amount
04:07 am today
0.5 KNIGHT
B/.0.0001307
1 KNIGHT
B/.0.0002613
5 KNIGHT
B/.0.001307
10 KNIGHT
B/.0.002613
50 KNIGHT
B/.0.01307
100 KNIGHT
B/.0.02613
500 KNIGHT
B/.0.1307
1000 KNIGHT
B/.0.2613

PAB to KNIGHT

Amount04:07 am today
0.5PAB1,913.46  KNIGHT
1PAB3,826.92  KNIGHT
5PAB19,134.62  KNIGHT
10PAB38,269.24  KNIGHT
50PAB191,346.22  KNIGHT
100PAB382,692.44  KNIGHT
500PAB1,913,462.22  KNIGHT
1000PAB3,826,924.43  KNIGHT
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KNIGHT to PAB Today vs. 24 hours ago

Amount04:07 am today24 hours ago24h change
0.5 KNIGHTB/.0.0001307B/.0.0001346
-2.93%
1 KNIGHTB/.0.0002613B/.0.0002692
-2.93%
5 KNIGHTB/.0.001307B/.0.001346
-2.93%
10 KNIGHTB/.0.002613B/.0.002692
-2.93%
50 KNIGHTB/.0.01307B/.0.01346
-2.93%
100 KNIGHTB/.0.02613B/.0.02692
-2.93%
500 KNIGHTB/.0.1307B/.0.1346
-2.93%
1000 KNIGHTB/.0.2613B/.0.2692
-2.93%

KNIGHT to PAB Today vs. 1 month ago

Amount04:07 am today1 month ago1M change
0.5 KNIGHTB/.0.0001307B/.0.001145
-88.59%
1 KNIGHTB/.0.0002613B/.0.002289
-88.59%
5 KNIGHTB/.0.001307B/.0.01145
-88.59%
10 KNIGHTB/.0.002613B/.0.02289
-88.59%
50 KNIGHTB/.0.01307B/.0.1145
-88.59%
100 KNIGHTB/.0.02613B/.0.2289
-88.59%
500 KNIGHTB/.0.1307B/.1.14
-88.59%
1000 KNIGHTB/.0.2613B/.2.29
-88.59%

KNIGHT to PAB Today vs. 1 year ago

Amount04:07 am today1 year ago1Y change
0.5 KNIGHTB/.0.0001307B/.0.0009465
-86.20%
1 KNIGHTB/.0.0002613B/.0.001893
-86.20%
5 KNIGHTB/.0.001307B/.0.009465
-86.20%
10 KNIGHTB/.0.002613B/.0.01893
-86.20%
50 KNIGHTB/.0.01307B/.0.09465
-86.20%
100 KNIGHTB/.0.02613B/.0.1893
-86.20%
500 KNIGHTB/.0.1307B/.0.9465
-86.20%
1000 KNIGHTB/.0.2613B/.1.89
-86.20%

How to convert KNIGHT to PAB

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Buy KNIGHT (or USDT) for PAB (Panamanian Balboa) offers

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

Bitget P2P trading currently does not support direct selling of KNIGHT to PAB. However, you can first exchange KNIGHT 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 KNIGHT to PAB?

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

KnightSwap Price Prediction

What will the price of KNIGHT be in 2026?

Based on KNIGHT's historical price performance prediction model, the price of KNIGHT is projected to reach $0.0002931 in 2026.

What will the price of KNIGHT be in 2031?

In 2031, the KNIGHT price is expected to change by +26.00%. By the end of 2031, the KNIGHT price is projected to reach $0.0007705, with a cumulative ROI of +186.14%.

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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 KnightSwap and PAB.

How accurate is a cryptocurrency calculator?

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