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Pi [IOU] to Peruvian Sol (PI to PEN)

PI to PEN Converter and calculator

PI/PEN: 1 PI = 0.4887 PEN. The price of converting 1 Pi [IOU] (PI) to Peruvian Sol (PEN) is 0.4887 PEN today.
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PI
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PI to PEN real-time exchange rates, making it easy to convert Pi [IOU] (PI) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 PI is currently valued at 0.4887 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PI is currently valued at 0.4887 PEN, which means buying 5 PI would cost 2.44 PEN. Similarly, S/.1 PEN can be converted to 2.05 PI, and S/.50 PEN can be converted to 10.23 PI, excluding any platform or gas fees.

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Convert PI to PEN

Convert PEN to PI

Pi [IOU]
Peruvian Sol
1 PI
0.4887  PEN
Exchange 1 PI for 0.4887 PEN
2 PI
0.9775  PEN
Exchange 2 PI for 0.9775 PEN
5 PI
2.44  PEN
Exchange 5 PI for 2.44 PEN
10 PI
4.89  PEN
Exchange 10 PI for 4.89 PEN
20 PI
9.77  PEN
Exchange 20 PI for 9.77 PEN
50 PI
24.44  PEN
Exchange 50 PI for 24.44 PEN
100 PI
48.87  PEN
Exchange 100 PI for 48.87 PEN
200 PI
97.75  PEN
Exchange 200 PI for 97.75 PEN
500 PI
244.36  PEN
Exchange 500 PI for 244.36 PEN
1000 PI
488.73  PEN
Exchange 1000 PI for 488.73 PEN
5000 PI
2,443.65  PEN
Exchange 5000 PI for 2,443.65 PEN
10000 PI
4,887.3  PEN
Exchange 10000 PI for 4,887.3 PEN
In the table above, you'll find a comprehensive PI to PEN converter that shows the value of Pi [IOU] in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 PI to PEN, all the way up to 10000 PI, providing a clear view of their respective values.
Peruvian Sol
Pi [IOU]
1 PEN
2.05 PI
Exchange 1 PEN for 2.05 PI
10 PEN
20.46 PI
Exchange 10 PEN for 20.46 PI
50 PEN
102.31 PI
Exchange 50 PEN for 102.31 PI
100 PEN
204.61 PI
Exchange 100 PEN for 204.61 PI
200 PEN
409.22 PI
Exchange 200 PEN for 409.22 PI
500 PEN
1,023.06 PI
Exchange 500 PEN for 1,023.06 PI
1000 PEN
2,046.12 PI
Exchange 1000 PEN for 2,046.12 PI
2000 PEN
4,092.24 PI
Exchange 2000 PEN for 4,092.24 PI
5000 PEN
10,230.6 PI
Exchange 5000 PEN for 10,230.6 PI
10000 PEN
20,461.2 PI
Exchange 10000 PEN for 20,461.2 PI
50000 PEN
102,306.02 PI
Exchange 50000 PEN for 102,306.02 PI
100000 PEN
204,612.03 PI
Exchange 100000 PEN for 204,612.03 PI
In the table above, you'll find a comprehensive PEN to PI converter that shows the value of Peruvian Sol in Pi [IOU] across commonly used conversion amounts. The list covers conversions from 1 PEN to PI, all the way up to 100000 PEN, providing a clear view of their respective values.

PI to PEN chart

PI/PEN: 1 PI = 0.4887 PEN; 2026/02/07 09:16:51
In the past 1D, Pi [IOU] has changed +2.20% to PEN. Based on the trend and price charts, Pi [IOU](PI) has changed +2.20% to PEN while Peruvian Sol(PEN) has changed % to PI in the last 24 hours.
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PI to PEN conversion data: Volatility and price changes of in PEN

The highest price in PEN over the past 7 days was 0.5492 PEN while the lowest price in PEN over the past 7 days was 0.4428 PEN. The relative change between the highs and lows in price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and PI to PEN 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
0.5155 PEN
0.5492 PEN
0.7104 PEN
0.9498 PEN
Low
0.4738 PEN
0.4428 PEN
0.4428 PEN
0.4428 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
+2.20%
-13.38%
-30.44%
-34.89%

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Pi [IOU] information

PI to PEN market statistics

PI/PEN:
S/.0.4887
PI 24h volume:
S/.4,967,620.92
PI market cap:
--
PI circulating supply:
0 PI

Current PI to PEN exchange rate

Pi [IOU] to Peruvian Sol is falling this week.
Pi [IOU]'s current market price is S/.0.4887 per PI, with a total market cap of S/.0 PEN based on a circulating supply of -- PI. The trading volume of Pi [IOU] has changed by -40.05% (S/.-3,319,011.90 PEN) in the last 24 hours. Last trading day, PI's trading volume was S/.8,286,632.82.

More info about Pi [IOU] on Bitget

Peruvian Sol information

About the Peruvian Sol (PEN)

What Is the Peruvian Sol (PEN)?

The Peruvian Sol, with the currency symbol: S/ and the ISO 4217 code PEN, is the sole legal tender of Peru. It's subdivided into 100 céntimos. The Sol, a term derived from the Latin 'solidus' and also meaning 'sun' in Spanish, symbolizes continuity from Peru's historic currency and its rich cultural heritage.

The Peruvian Sol is issued by the Central Reserve Bank of Peru (Banco Central de Reserva del Perú). This institution is responsible for the country's monetary policy, including the issuance and regulation of the national currency. The Central Reserve Bank of Peru plays a crucial role in maintaining the stability of the Sol and overseeing the country's financial system.

What Is the History of PEN?

Before Peru's independence in 1821, the Spanish colonial real was the prevalent currency. The Inca Empire, which preceded Spanish rule, used a unique accounting system called quipu instead of physical currency. Post-independence, Peru introduced its version of the real in 1822. However, following the global economic downturn in 1929, Peru faced severe hyperinflation. In 1963, the government introduced the sol, replacing the real. However, due to political instability and economic mismanagement, the sol was replaced by the inti in the 1980s. The late 1980s saw massive hyperinflation, leading to the introduction of the Nuevo Sol in the 1990s by President Alberto Fujimori. This move stabilized the economy, leading to lower inflation and better economic stability. The Nuevo Sol was renamed simply as Sol in 2015..

Notes and Coins of PEN

The Peruvian Sol comprises various denominations in both notes and coins, reflecting a rich blend of cultural and historical significance. Notes are available in denominations of 10, 20, 50, 100, and 200 Soles, each distinctively designed with iconic Peruvian figures, cultural symbols, and landmarks. Coins, on the other hand, come in denominations of 1, 2, and 5 Soles, along with smaller céntimos coins of 5, 10, 20, and 50 céntimos.

Is PEN Pegged to USD?

No, the Peruvian Sol (PEN) is not pegged to the United States Dollar (USD). The Sol operates under a floating exchange rate system, where its value is determined by market forces such as supply and demand in the foreign exchange market. This is in contrast to a pegged exchange rate system, where a country's currency value is fixed or tied to another major currency like the USD. Peru's monetary policy, managed by the Central Reserve Bank of Peru, allows the Sol to fluctuate freely against the USD and other foreign currencies.

Is PEN a Stable Currency?

The Peruvian Sol is recognized as a stable currency, particularly in the context of Latin American economies. As of January 2024, it was hailed as the most stable currency in the region, exhibiting less intense daily fluctuations in its exchange rate compared to its peers. This stability is underscored by the Sol's modest devaluation against the US dollar, with only a 41 Sol cent decrease from November 2018 to November 2023. Contributing to this stability are Peru's strong economic fundamentals, including a trade balance surplus of nearly $15 billion and international reserves approximating $75 billion, equivalent to 28% of its Gross Domestic Product. These factors collectively underscore the Sol's resilience and reliability as a currency in the global market.

Bitget crypto-to-fiat exchange data shows that the most popular Pi [IOU] currency pair is the PI to PEN, with for Pi [IOU]'s currency code being PI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PEN.

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PI to PEN Conversion tables

The exchange rate of Pi [IOU] is decreasing.
The exchange rate of 1 PI to Peruvian Sol has changed by -13.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.20%, reaching a high of 0.5155 PEN and a low of 0.4738 PEN . One month ago, the value of 1 PI was S/.0.7015 PEN , which represents a -30.44% change from its current value. Over the last year, Pi [IOU] has changed by
-S/.
135.1PEN
, resulting in a change of -99.64% in its value.
24 hours ago1 month ago1 year ago
Amount 09:16 am today 24 hours ago 24h change
0.5 PI
S/.0.2444S/.0.2391
+2.20%
1 PI
S/.0.4887S/.0.4783
+2.20%
5 PI
S/.2.44S/.2.39
+2.20%
10 PI
S/.4.89S/.4.78
+2.20%
50 PI
S/.24.44S/.23.91
+2.20%
100 PI
S/.48.87S/.47.83
+2.20%
500 PI
S/.244.36S/.239.14
+2.20%
1000 PI
S/.488.73S/.478.28
+2.20%

PI to PEN FAQ

How much is 1 Pi [IOU] in PEN?
Right now, the price of 1 Pi [IOU] (PI) in Peruvian Sol (PEN) is S/.0.4887.
How much PI can I buy for 1 PEN?
Based on the current exchange rate, you can get 2.05 PI for 1 PEN.
How do I calculate or convert PI to PEN?
You can use our PI to PEN calculator at the top of this page to convert any amount of PI to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 10.23 PI, while 5 PI will cost around 2.44PEN.
What is the highest price of PI/PEN in history?
The all-time high price of 1 PI in PEN is S/.1,109.27. It remains to be seen if the value of 1 PI/PEN will exceed the current all-time high.
What is the price trend of in PEN?
Over the past 7 days, the exchange rate of Pi [IOU] (PI) has gone down by 13.38%.   Over the last month, the exchange rate of Pi [IOU] (PI) has gone down by 30.44% against Peruvian Sol (PEN).

What factors influence the conversion rate of PI to PEN?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Pi [IOU] currency pairs: PI to US Dollar (USD), PI to Euro (EUR), PI to Pound Sterling (GBP), PI to Canadian Dollar (CAD), PI to Indian Rupee (INR), PI to Pakistani Rupee (PKR), PI to Brazilian Real (BRL), PI to…
The price of Pi [IOU] in the US is $0.1457 USD. Additionally, Pi [IOU]’s price is €0.1228 EUR in the eurozone, £0.1064 GBP in the UK, C$0.1987 CAD in Canada, ₹13.34 INR in India, ₨41.02 PKR in Pakistan, R$0.7667 BRL in Brazil, and more.
The most popular Pi [IOU] currency pair is the PI to Peruvian Sol(PEN). The price of 1 Pi [IOU] (PI) in Peruvian Sol (PEN) is S/.0.4887.

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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.
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