狴犴 to PEN Converter and calculator


Conversion rates
Convert 狴犴 to PEN
Convert PEN to 狴犴
狴犴 to PEN chart
狴犴 to PEN conversion data: Volatility and price changes of 狴犴BIAN in PEN
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.001265 PEN | -- PEN | -- PEN | -- PEN |
Low | 0.0002976 PEN | -- PEN | -- PEN | -- PEN |
Average | 0 PEN | 0 PEN | 0 PEN | 0 PEN |
Volatility | % | % | % | % |
Change | -0.66% | -- | -- | -- |
Buy
Sell
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|
狴犴BIAN information
狴犴 to PEN market statistics
Current 狴犴 to PEN exchange rate
狴犴BIAN to Peruvian Sol is falling this week.More info about 狴犴BIAN 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.
Popular conversions










Hot promotions
How to convert 狴犴 to PEN



Popular 狴犴BIAN Converter









Popular cryptocurrencies to PEN










狴犴 to PEN Conversion tables
Amount | 16:00 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 狴犴 | S/.0.0001508 | S/.-- | -0.66% |
1 狴犴 | S/.0.0003016 | S/.-- | -0.66% |
5 狴犴 | S/.0.001508 | S/.-- | -0.66% |
10 狴犴 | S/.0.003016 | S/.-- | -0.66% |
50 狴犴 | S/.0.01508 | S/.-- | -0.66% |
100 狴犴 | S/.0.03016 | S/.-- | -0.66% |
500 狴犴 | S/.0.1508 | S/.-- | -0.66% |
1000 狴犴 | S/.0.3016 | S/.-- | -0.66% |
狴犴 to PEN FAQ
What factors influence the conversion rate of 狴犴 to PEN?
Popular exchange rates — Crypto-to-Fiat converter
The price of 狴犴BIAN in the US is $0.{4}8750 USD. Additionally, 狴犴BIAN’s price is €0.{4}7537 EUR in the eurozone, £0.{4}6540 GBP in the UK, C$0.0001220 CAD in Canada, ₹0.007769 INR in India, ₨0.02480 PKR in Pakistan, R$0.0004680 BRL in Brazil, and more.
The most popular 狴犴BIAN currency pair is the 狴犴 to Peruvian Sol(PEN). The price of 1 狴犴BIAN (狴犴) in Peruvian Sol (PEN) is S/.0.0003016.
Popular fiat
Popular areas
Purchase other cryptocurrencies with similar market cap








Other crypto price predictions









