Bitget converter provides SOMM to DOP real-time exchange rates, making it easy to convert Sommelier (SOMM) to Dominican Peso (DOP). The conversion result is based on real-time data. The conversion result shows that 1 SOMM is currently valued at 0.06914 DOP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOMM is currently valued at 0.06914 DOP, which means buying 5 SOMM would cost 0.3457 DOP. Similarly, RD$1 DOP can be converted to 14.46 SOMM, and RD$50 DOP can be converted to 72.32 SOMM, excluding any platform or gas fees.
Conversion rates
Convert SOMM to DOP
Convert DOP to SOMM
Sommelier
Dominican Peso
1 SOMM
0.06914 DOP
Exchange 1 SOMM for 0.06914 DOP
2 SOMM
0.1383 DOP
Exchange 2 SOMM for 0.1383 DOP
5 SOMM
0.3457 DOP
Exchange 5 SOMM for 0.3457 DOP
10 SOMM
0.6914 DOP
Exchange 10 SOMM for 0.6914 DOP
20 SOMM
1.38 DOP
Exchange 20 SOMM for 1.38 DOP
50 SOMM
3.46 DOP
Exchange 50 SOMM for 3.46 DOP
100 SOMM
6.91 DOP
Exchange 100 SOMM for 6.91 DOP
200 SOMM
13.83 DOP
Exchange 200 SOMM for 13.83 DOP
500 SOMM
34.57 DOP
Exchange 500 SOMM for 34.57 DOP
1000 SOMM
69.14 DOP
Exchange 1000 SOMM for 69.14 DOP
5000 SOMM
345.68 DOP
Exchange 5000 SOMM for 345.68 DOP
10000 SOMM
691.35 DOP
Exchange 10000 SOMM for 691.35 DOP
In the table above, you'll find a comprehensive SOMM to DOP converter that shows the value of Sommelier in Dominican Peso across commonly used conversion amounts. The list covers conversions from 1 SOMM to DOP, all the way up to 10000 SOMM, providing a clear view of their respective values.
Dominican Peso
Sommelier
1 DOP
14.46 SOMM
Exchange 1 DOP for 14.46 SOMM
10 DOP
144.64 SOMM
Exchange 10 DOP for 144.64 SOMM
50 DOP
723.22 SOMM
Exchange 50 DOP for 723.22 SOMM
100 DOP
1,446.44 SOMM
Exchange 100 DOP for 1,446.44 SOMM
200 DOP
2,892.88 SOMM
Exchange 200 DOP for 2,892.88 SOMM
500 DOP
7,232.21 SOMM
Exchange 500 DOP for 7,232.21 SOMM
1000 DOP
14,464.42 SOMM
Exchange 1000 DOP for 14,464.42 SOMM
2000 DOP
28,928.85 SOMM
Exchange 2000 DOP for 28,928.85 SOMM
5000 DOP
72,322.11 SOMM
Exchange 5000 DOP for 72,322.11 SOMM
10000 DOP
144,644.23 SOMM
Exchange 10000 DOP for 144,644.23 SOMM
50000 DOP
723,221.15 SOMM
Exchange 50000 DOP for 723,221.15 SOMM
100000 DOP
1,446,442.29 SOMM
Exchange 100000 DOP for 1,446,442.29 SOMM
In the table above, you'll find a comprehensive DOP to SOMM converter that shows the value of Dominican Peso in Sommelier across commonly used conversion amounts. The list covers conversions from 1 DOP to SOMM, all the way up to 100000 DOP, providing a clear view of their respective values.
In the past 1D, Sommelier has changed -0.65% to DOP. Based on the trend and price charts, Sommelier(SOMM) has changed -0.65% to DOP while Dominican Peso(DOP) has changed % to SOMM in the last 24 hours.
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SOMM to DOP conversion data: Volatility and price changes of Sommelier in DOP
The highest Sommelier price in DOP over the past 7 days was 0.09494 DOP while the lowest Sommelier price in DOP over the past 7 days was 0.07339 DOP. The relative change between the highs and lows in Sommelier price in DOP over the last 7 days indicates a volatility of %. You can view additional volatility data and SOMM to DOP prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
0.09494 DOP
0.09494 DOP
0.3622 DOP
0.5154 DOP
Low
0.08318 DOP
0.07339 DOP
0.04937 DOP
0.04937 DOP
Average
0 DOP
0 DOP
0 DOP
0 DOP
Volatility
%
%
%
%
Change
-0.65%
+10.27%
-23.73%
-77.67%
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Sommelier's current market price is RD$0.06914 per SOMM, with a total market cap of RD$0 DOP based on a circulating supply of -- SOMM. The trading volume of Sommelier has changed by 0.00% (RD$0 DOP) in the last 24 hours. Last trading day, SOMM's trading volume was RD$0.
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 Sommelier currency pair is the SOMM to DOP, with for Sommelier's currency code being SOMM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DOP.
The exchange rate of 1 SOMM to Dominican Peso has changed by +10.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.65%, reaching a high of 0.09494 DOP and a low of 0.08318 DOP . One month ago, the value of 1 SOMM was RD$0.09530 DOP , which represents a -23.73% change from its current value. Over the last year, Sommelier has changed by
-RD$
2.11DOP
, resulting in a change of -96.16% in its value.
24 hours ago1 month ago1 year ago
Amount
03:53 am today
24 hours ago
24h change
0.5 SOMM
RD$0.03457
RD$0.03484
-0.65%
1 SOMM
RD$0.06914
RD$0.06969
-0.65%
5 SOMM
RD$0.3457
RD$0.3484
-0.65%
10 SOMM
RD$0.6914
RD$0.6969
-0.65%
50 SOMM
RD$3.46
RD$3.48
-0.65%
100 SOMM
RD$6.91
RD$6.97
-0.65%
500 SOMM
RD$34.57
RD$34.84
-0.65%
1000 SOMM
RD$69.14
RD$69.69
-0.65%
SOMM to DOP FAQ
How much is 1 Sommelier in DOP?
Right now, the price of 1 Sommelier (SOMM) in Dominican Peso (DOP) is RD$0.06914.
How much SOMM can I buy for 1 DOP?
Based on the current exchange rate, you can get 14.46 SOMM for 1 DOP.
How do I calculate or convert SOMM to DOP?
You can use our SOMM to DOP calculator at the top of this page to convert any amount of SOMM to DOP. We've also included quick-reference tables for the most popular conversions. For example, 5 DOP is equivalent to 72.32 SOMM, while 5 SOMM will cost around 0.3457DOP.
What is the highest price of SOMM/DOP in history?
The all-time high price of 1 SOMM in DOP is RD$25.34. It remains to be seen if the value of 1 SOMM/DOP will exceed the current all-time high.
What is the price trend of Sommelier in DOP?
Over the past 7 days, the exchange rate of Sommelier (SOMM) has gone up by 10.27%.
Over the last month, the exchange rate of Sommelier (SOMM) has gone down by 23.73% against Dominican Peso (DOP).
What factors influence the conversion rate of SOMM to DOP?
There are many factors that affect the relationship between Sommelier 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 SOMM/DOP. When there is positive news in the market about the widespread adoption of SOMM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOMM/DOP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOMM/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 SOMM/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 Sommelier and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Sommelier currency pairs: SOMM to US Dollar (USD), SOMM to Euro (EUR), SOMM to Pound Sterling (GBP), SOMM to Canadian Dollar (CAD), SOMM to Indian Rupee (INR), SOMM to Pakistani Rupee (PKR), SOMM to Brazilian Real (BRL), SOMM to… The price of Sommelier in the US is $0.001136 USD. Additionally, Sommelier’s price is €0.0009824 EUR in the eurozone, £0.0008564 GBP in the UK, C$0.001567 CAD in Canada, ₹0.09910 INR in India, ₨0.3182 PKR in Pakistan, R$0.006291 BRL in Brazil, and more. The most popular Sommelier currency pair is the SOMM to Dominican Peso(DOP). The price of 1 Sommelier (SOMM) in Dominican Peso (DOP) is RD$0.06914.
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.