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MAT to PEN Converter and calculator

MAT/PEN: 1 MAT = 0.9087 PEN. The price of converting 1 Matchain (MAT) to Peruvian Sol (PEN) is 0.9087 PEN today.
MAT
MAT
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAT to PEN real-time exchange rates, making it easy to convert Matchain (MAT) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 MAT is currently valued at 0.9087 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAT is currently valued at 0.9087 PEN, which means buying 5 MAT would cost 4.54 PEN. Similarly, S/.1 PEN can be converted to 1.1 MAT, and S/.50 PEN can be converted to 5.5 MAT, excluding any platform or gas fees.

Convert MAT to PEN

Convert PEN to MAT

Matchain
Peruvian Sol
1 MAT
0.9087  PEN
Exchange 1 MAT for 0.9087 PEN
2 MAT
1.82  PEN
Exchange 2 MAT for 1.82 PEN
5 MAT
4.54  PEN
Exchange 5 MAT for 4.54 PEN
10 MAT
9.09  PEN
Exchange 10 MAT for 9.09 PEN
20 MAT
18.17  PEN
Exchange 20 MAT for 18.17 PEN
50 MAT
45.44  PEN
Exchange 50 MAT for 45.44 PEN
100 MAT
90.87  PEN
Exchange 100 MAT for 90.87 PEN
200 MAT
181.75  PEN
Exchange 200 MAT for 181.75 PEN
500 MAT
454.37  PEN
Exchange 500 MAT for 454.37 PEN
1000 MAT
908.74  PEN
Exchange 1000 MAT for 908.74 PEN
5000 MAT
4,543.69  PEN
Exchange 5000 MAT for 4,543.69 PEN
10000 MAT
9,087.38  PEN
Exchange 10000 MAT for 9,087.38 PEN
In the table above, you'll find a comprehensive MAT to PEN converter that shows the value of Matchain in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 MAT to PEN, all the way up to 10000 MAT, providing a clear view of their respective values.
Peruvian Sol
Matchain
1 PEN
1.1 MAT
Exchange 1 PEN for 1.1 MAT
10 PEN
11 MAT
Exchange 10 PEN for 11 MAT
50 PEN
55.02 MAT
Exchange 50 PEN for 55.02 MAT
100 PEN
110.04 MAT
Exchange 100 PEN for 110.04 MAT
200 PEN
220.09 MAT
Exchange 200 PEN for 220.09 MAT
500 PEN
550.21 MAT
Exchange 500 PEN for 550.21 MAT
1000 PEN
1,100.43 MAT
Exchange 1000 PEN for 1,100.43 MAT
2000 PEN
2,200.86 MAT
Exchange 2000 PEN for 2,200.86 MAT
5000 PEN
5,502.14 MAT
Exchange 5000 PEN for 5,502.14 MAT
10000 PEN
11,004.28 MAT
Exchange 10000 PEN for 11,004.28 MAT
50000 PEN
55,021.38 MAT
Exchange 50000 PEN for 55,021.38 MAT
100000 PEN
110,042.77 MAT
Exchange 100000 PEN for 110,042.77 MAT
In the table above, you'll find a comprehensive PEN to MAT converter that shows the value of Peruvian Sol in Matchain across commonly used conversion amounts. The list covers conversions from 1 PEN to MAT, all the way up to 100000 PEN, providing a clear view of their respective values.

MAT to PEN chart

MAT/PEN: 1 MAT = 0.9087 PEN; 2025/08/03 15:30:54
In the past 1D, Matchain has changed -14.80% to PEN. Based on the trend and price charts, Matchain(MAT) has changed -14.80% to PEN while Peruvian Sol(PEN) has changed % to MAT in the last 24 hours.
1D7D1M3M1YAll

MAT to PEN conversion data: Volatility and price changes of Matchain in PEN

The highest Matchain price in PEN over the past 7 days was 23.6 PEN while the lowest Matchain price in PEN over the past 7 days was 2.65 PEN. The relative change between the highs and lows in Matchain price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and MAT 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
4.09 PEN
23.6 PEN
23.6 PEN
23.6 PEN
Low
3.23 PEN
2.65 PEN
2.65 PEN
2.65 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-14.80%
-84.25%
-84.11%
-55.18%

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Matchain information

MAT to PEN market statistics

MAT/PEN:
S/.0.9087
MAT 24h volume:
S/.7,213,046.11
MAT market cap:
S/.6,570,173.07
MAT circulating supply:
7.23M MAT

Current MAT to PEN exchange rate

Matchain to Peruvian Sol is rising this week.
Matchain's current market price is S/.0.9087 per MAT, with a total market cap of S/.6,570,173.07 PEN based on a circulating supply of 7,230,000 MAT. The trading volume of Matchain has changed by -0.27% (S/.-19,796.29 PEN) in the last 24 hours. Last trading day, MAT's trading volume was S/.7,232,842.4.

More info about Matchain 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 Matchain currency pair is the MAT to PEN, with for Matchain's currency code being MAT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PEN.

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How to convert MAT to PEN

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MAT to PEN Conversion tables

The exchange rate of Matchain is increasing.
The exchange rate of 1 MAT to Peruvian Sol has changed by -84.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by -14.80%, reaching a high of 4.09 PEN and a low of 3.23 PEN . One month ago, the value of 1 MAT was S/.-2.59 PEN , which represents a -84.11% change from its current value. Over the last year, Matchain has changed by
+S/.
3.5PEN
, resulting in a change of -55.18% in its value.
24 hours ago1 month ago1 year ago
Amount 15:30 today 24 hours ago 24h change
0.5 MAT
S/.0.4544S/.0.7580
-14.80%
1 MAT
S/.0.9087S/.1.52
-14.80%
5 MAT
S/.4.54S/.7.58
-14.80%
10 MAT
S/.9.09S/.15.16
-14.80%
50 MAT
S/.45.44S/.75.8
-14.80%
100 MAT
S/.90.87S/.151.6
-14.80%
500 MAT
S/.454.37S/.758.01
-14.80%
1000 MAT
S/.908.74S/.1,516.02
-14.80%

MAT to PEN FAQ

How much is 1 Matchain in PEN?
Right now, the price of 1 Matchain (MAT) in Peruvian Sol (PEN) is S/.0.9087.
How much MAT can I buy for 1 PEN?
Based on the current exchange rate, you can get 1.1 MAT for 1 PEN.
How do I calculate or convert MAT to PEN?
You can use our MAT to PEN calculator at the top of this page to convert any amount of MAT to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 5.5 MAT, while 5 MAT will cost around 4.54PEN.
What is the highest price of MAT/PEN in history?
The all-time high price of 1 MAT in PEN is S/.23.6. It remains to be seen if the value of 1 MAT/PEN will exceed the current all-time high.
What is the price trend of Matchain in PEN?
Over the past 7 days, the exchange rate of Matchain (MAT) has gone down by 84.25%.   Over the last month, the exchange rate of Matchain (MAT) has gone down by 84.11% against Peruvian Sol (PEN).

What factors influence the conversion rate of MAT to PEN?

There are many factors that affect the relationship between Matchain 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 MAT/PEN. When there is positive news in the market about the widespread adoption of MAT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAT/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAT/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 MAT/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 Matchain 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 Matchain currency pairs: MAT to US Dollar (USD), MAT to Euro (EUR), MAT to Pound Sterling (GBP), MAT to Canadian Dollar (CAD), MAT to Indian Rupee (INR), MAT to Pakistani Rupee (PKR), MAT to Brazilian Real (BRL), MAT to…
The price of Matchain in the US is $0.2569 USD. Additionally, Matchain’s price is €0.2217 EUR in the eurozone, £0.1934 GBP in the UK, C$0.3546 CAD in Canada, ₹22.39 INR in India, ₨71.78 PKR in Pakistan, R$1.42 BRL in Brazil, and more.
The most popular Matchain currency pair is the MAT to Peruvian Sol(PEN). The price of 1 Matchain (MAT) in Peruvian Sol (PEN) is S/.0.9087.

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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.