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INIT to DOP Converter and calculator

INIT/DOP: 1 INIT = 50.05 DOP. The price of converting 1 Initia (INIT) to Dominican Peso (DOP) is 50.05 DOP today.
INIT
INIT
DOP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INIT to DOP real-time exchange rates, making it easy to convert Initia (INIT) to Dominican Peso (DOP). The conversion result is based on real-time data. The conversion result shows that 1 INIT is currently valued at 50.05 DOP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INIT is currently valued at 50.05 DOP, which means buying 5 INIT would cost 250.25 DOP. Similarly, RD$1 DOP can be converted to 0.01998 INIT, and RD$50 DOP can be converted to 0.09990 INIT, excluding any platform or gas fees.

Initia (INIT) has been listed on Bitget spot trading market, you can quickly sell or buy INIT. Trading Link: INIT/USDT.

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Convert INIT to DOP

Convert DOP to INIT

Initia
Dominican Peso
20 INIT
1,000.98  DOP
50 INIT
2,502.45  DOP
100 INIT
5,004.9  DOP
200 INIT
10,009.81  DOP
500 INIT
25,024.51  DOP
1000 INIT
50,049.03  DOP
5000 INIT
250,245.14  DOP
10000 INIT
500,490.28  DOP
In the table above, you'll find a comprehensive INIT to DOP converter that shows the value of Initia in Dominican Peso across commonly used conversion amounts. The list covers conversions from 1 INIT to DOP, all the way up to 10000 INIT, providing a clear view of their respective values.
Dominican Peso
Initia
100000 DOP
1,998.04 INIT
In the table above, you'll find a comprehensive DOP to INIT converter that shows the value of Dominican Peso in Initia across commonly used conversion amounts. The list covers conversions from 1 DOP to INIT, all the way up to 100000 DOP, providing a clear view of their respective values.

INIT to DOP chart

INIT/DOP: 1 INIT = 50.05 DOP; 2025/04/30 01:24:59
In the past 1D, Initia has changed +25.21% to DOP. Based on the trend and price charts, Initia(INIT) has changed +25.21% to DOP while Dominican Peso(DOP) has changed % to INIT in the last 24 hours.
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INIT to DOP conversion data: Volatility and price changes of Initia in DOP

The highest Initia price in DOP over the past 7 days was 56.48 DOP while the lowest Initia price in DOP over the past 7 days was 34.91 DOP. The relative change between the highs and lows in Initia price in DOP over the last 7 days indicates a volatility of %. You can view additional volatility data and INIT to DOP 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
51.48 DOP
56.48 DOP
56.48 DOP
56.48 DOP
Low
37.2 DOP
34.91 DOP
34.91 DOP
34.91 DOP
Average
0 DOP
0 DOP
0 DOP
0 DOP
Volatility
%
%
%
%
Change
+25.21%
+37.79%
+31.90%
+28.19%

Initia information

INIT to DOP market statistics

INIT/DOP:
RD$50.05
INIT 24h volume:
RD$22,775,704,767.51
INIT market cap:
RD$7,444,793,342.89
INIT circulating supply:
148.75M INIT

Current INIT to DOP exchange rate

Initia to Dominican Peso is rising this week.
Initia's current market price is RD$50.05 per INIT, with a total market cap of RD$7,444,793,342.89 DOP based on a circulating supply of 148,750,000 INIT. The trading volume of Initia has changed by +80.50% (RD$10,157,788,508.26 DOP) in the last 24 hours. Last trading day, INIT's trading volume was RD$12,617,916,259.24.

More info about Initia 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.

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

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How to convert INIT to DOP

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INIT to DOP Conversion tables

The exchange rate of Initia is increasing.
The exchange rate of 1 INIT to Dominican Peso has changed by +37.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +25.21%, reaching a high of 51.48 DOP and a low of 37.2 DOP . One month ago, the value of 1 INIT was RD$-0.09 DOP , which represents a +31.90% change from its current value. Over the last year, Initia has changed by
+RD$
50.14DOP
, resulting in a change of +28.19% in its value.
24 hours ago1 month ago1 year ago
Amount01:24 am today24 hours ago24h change
0.5 INITRD$25.02RD$19.98
+25.21%
1 INITRD$50.05RD$39.95
+25.21%
5 INITRD$250.25RD$199.76
+25.21%
10 INITRD$500.49RD$399.53
+25.21%
50 INITRD$2,502.45RD$1,997.65
+25.21%
100 INITRD$5,004.9RD$3,995.3
+25.21%
500 INITRD$25,024.51RD$19,976.48
+25.21%
1000 INITRD$50,049.03RD$39,952.96
+25.21%

INIT to DOP FAQ

How much is 1 Initia in DOP?
Right now, the price of 1 Initia (INIT) in Dominican Peso (DOP) is RD$50.05.
How much INIT can I buy for 1 DOP?
Based on the current exchange rate, you can get 0.01998 INIT for 1 DOP.
How do I calculate or convert INIT to DOP?
You can use our INIT to DOP calculator at the top of this page to convert any amount of INIT to DOP. We've also included quick-reference tables for the most popular conversions. For example, 5 DOP is equivalent to 0.09990 INIT, while 5 INIT will cost around 250.25DOP.
What is the highest price of INIT/DOP in history?
The all-time high price of 1 INIT in DOP is RD$56.48. It remains to be seen if the value of 1 INIT/DOP will exceed the current all-time high.
What is the price trend of Initia in DOP?
Over the past 7 days, the exchange rate of Initia (INIT) has gone up by 37.79%.   Over the last month, the exchange rate of Initia (INIT) has gone up by 31.90% against Dominican Peso (DOP).

What factors influence the conversion rate of INIT to DOP?

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