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MLP to PEN Converter and calculator

MLP/PEN: 1 MLP = 0.01037 PEN. The price of converting 1 Matrix Layer Protocol (MLP) to Peruvian Sol (PEN) is 0.01037 PEN today.
MLP
MLP
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MLP to PEN real-time exchange rates, making it easy to convert Matrix Layer Protocol (MLP) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 MLP is currently valued at 0.01037 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MLP is currently valued at 0.01037 PEN, which means buying 5 MLP would cost 0.05185 PEN. Similarly, S/.1 PEN can be converted to 96.43 MLP, and S/.50 PEN can be converted to 482.14 MLP, excluding any platform or gas fees.

Convert MLP to PEN

Convert PEN to MLP

Matrix Layer Protocol
Peruvian Sol
1 MLP
0.01037  PEN
Exchange 1 MLP for 0.01037 PEN
2 MLP
0.02074  PEN
Exchange 2 MLP for 0.02074 PEN
5 MLP
0.05185  PEN
Exchange 5 MLP for 0.05185 PEN
10 MLP
0.1037  PEN
Exchange 10 MLP for 0.1037 PEN
20 MLP
0.2074  PEN
Exchange 20 MLP for 0.2074 PEN
50 MLP
0.5185  PEN
Exchange 50 MLP for 0.5185 PEN
100 MLP
1.04  PEN
Exchange 100 MLP for 1.04 PEN
200 MLP
2.07  PEN
Exchange 200 MLP for 2.07 PEN
500 MLP
5.19  PEN
Exchange 500 MLP for 5.19 PEN
1000 MLP
10.37  PEN
Exchange 1000 MLP for 10.37 PEN
5000 MLP
51.85  PEN
Exchange 5000 MLP for 51.85 PEN
10000 MLP
103.71  PEN
Exchange 10000 MLP for 103.71 PEN
In the table above, you'll find a comprehensive MLP to PEN converter that shows the value of Matrix Layer Protocol in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 MLP to PEN, all the way up to 10000 MLP, providing a clear view of their respective values.
Peruvian Sol
Matrix Layer Protocol
1 PEN
96.43 MLP
Exchange 1 PEN for 96.43 MLP
10 PEN
964.27 MLP
Exchange 10 PEN for 964.27 MLP
50 PEN
4,821.36 MLP
Exchange 50 PEN for 4,821.36 MLP
100 PEN
9,642.72 MLP
Exchange 100 PEN for 9,642.72 MLP
200 PEN
19,285.44 MLP
Exchange 200 PEN for 19,285.44 MLP
500 PEN
48,213.59 MLP
Exchange 500 PEN for 48,213.59 MLP
1000 PEN
96,427.18 MLP
Exchange 1000 PEN for 96,427.18 MLP
2000 PEN
192,854.36 MLP
Exchange 2000 PEN for 192,854.36 MLP
5000 PEN
482,135.9 MLP
Exchange 5000 PEN for 482,135.9 MLP
10000 PEN
964,271.8 MLP
Exchange 10000 PEN for 964,271.8 MLP
50000 PEN
4,821,359 MLP
Exchange 50000 PEN for 4,821,359 MLP
100000 PEN
9,642,718 MLP
Exchange 100000 PEN for 9,642,718 MLP
In the table above, you'll find a comprehensive PEN to MLP converter that shows the value of Peruvian Sol in Matrix Layer Protocol across commonly used conversion amounts. The list covers conversions from 1 PEN to MLP, all the way up to 100000 PEN, providing a clear view of their respective values.

MLP to PEN chart

MLP/PEN: 1 MLP = 0.01037 PEN; 2025/08/05 15:26:01
In the past 1D, Matrix Layer Protocol has changed -2.28% to PEN. Based on the trend and price charts, Matrix Layer Protocol(MLP) has changed -2.28% to PEN while Peruvian Sol(PEN) has changed % to MLP in the last 24 hours.
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MLP to PEN conversion data: Volatility and price changes of Matrix Layer Protocol in PEN

The highest Matrix Layer Protocol price in PEN over the past 7 days was 0.01252 PEN while the lowest Matrix Layer Protocol price in PEN over the past 7 days was 0.009868 PEN. The relative change between the highs and lows in Matrix Layer Protocol price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and MLP 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
0.01082 PEN
0.01252 PEN
0.01255 PEN
0.01255 PEN
Low
0.01028 PEN
0.009868 PEN
0.009868 PEN
0.006605 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-2.28%
-16.79%
-2.96%
+0.38%

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Matrix Layer Protocol information

MLP to PEN market statistics

MLP/PEN:
S/.0.01037
MLP 24h volume:
S/.405,713.83
MLP market cap:
--
MLP circulating supply:
0 MLP

Current MLP to PEN exchange rate

Matrix Layer Protocol to Peruvian Sol is falling this week.
Matrix Layer Protocol's current market price is S/.0.01037 per MLP, with a total market cap of S/.0 PEN based on a circulating supply of -- MLP. The trading volume of Matrix Layer Protocol has changed by +10.46% (S/.38,404.74 PEN) in the last 24 hours. Last trading day, MLP's trading volume was S/.367,309.09.

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

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MLP to PEN Conversion tables

The exchange rate of Matrix Layer Protocol is decreasing.
The exchange rate of 1 MLP to Peruvian Sol has changed by -16.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.28%, reaching a high of 0.01082 PEN and a low of 0.01028 PEN . One month ago, the value of 1 MLP was S/.0.01069 PEN , which represents a -2.96% change from its current value. Over the last year, Matrix Layer Protocol has changed by
-S/.
0.1298PEN
, resulting in a change of -92.60% in its value.
24 hours ago1 month ago1 year ago
Amount 15:26 today 24 hours ago 24h change
0.5 MLP
S/.0.005185S/.0.005306
-2.28%
1 MLP
S/.0.01037S/.0.01061
-2.28%
5 MLP
S/.0.05185S/.0.05306
-2.28%
10 MLP
S/.0.1037S/.0.1061
-2.28%
50 MLP
S/.0.5185S/.0.5306
-2.28%
100 MLP
S/.1.04S/.1.06
-2.28%
500 MLP
S/.5.19S/.5.31
-2.28%
1000 MLP
S/.10.37S/.10.61
-2.28%

MLP to PEN FAQ

How much is 1 Matrix Layer Protocol in PEN?
Right now, the price of 1 Matrix Layer Protocol (MLP) in Peruvian Sol (PEN) is S/.0.01037.
How much MLP can I buy for 1 PEN?
Based on the current exchange rate, you can get 96.43 MLP for 1 PEN.
How do I calculate or convert MLP to PEN?
You can use our MLP to PEN calculator at the top of this page to convert any amount of MLP to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 482.14 MLP, while 5 MLP will cost around 0.05185PEN.
What is the highest price of MLP/PEN in history?
The all-time high price of 1 MLP in PEN is S/.0.2745. It remains to be seen if the value of 1 MLP/PEN will exceed the current all-time high.
What is the price trend of Matrix Layer Protocol in PEN?
Over the past 7 days, the exchange rate of Matrix Layer Protocol (MLP) has gone down by 16.79%.   Over the last month, the exchange rate of Matrix Layer Protocol (MLP) has gone down by 2.96% against Peruvian Sol (PEN).

What factors influence the conversion rate of MLP to PEN?

There are many factors that affect the relationship between Matrix Layer Protocol 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 MLP/PEN. When there is positive news in the market about the widespread adoption of MLP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MLP/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MLP/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 MLP/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 Matrix Layer Protocol 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 Matrix Layer Protocol currency pairs: MLP to US Dollar (USD), MLP to Euro (EUR), MLP to Pound Sterling (GBP), MLP to Canadian Dollar (CAD), MLP to Indian Rupee (INR), MLP to Pakistani Rupee (PKR), MLP to Brazilian Real (BRL), MLP to…
The price of Matrix Layer Protocol in the US is $0.002902 USD. Additionally, Matrix Layer Protocol’s price is €0.002514 EUR in the eurozone, £0.002183 GBP in the UK, C$0.004002 CAD in Canada, ₹0.2548 INR in India, ₨0.8233 PKR in Pakistan, R$0.01600 BRL in Brazil, and more.
The most popular Matrix Layer Protocol currency pair is the MLP to Peruvian Sol(PEN). The price of 1 Matrix Layer Protocol (MLP) in Peruvian Sol (PEN) is S/.0.01037.

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