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PSP to PEN Converter and calculator

PSP/PEN: 1 PSP = 0.08362 PEN. The price of converting 1 ParaSwap (PSP) to Peruvian Sol (PEN) is 0.08362 PEN today.
PSP
PSP
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PSP to PEN real-time exchange rates, making it easy to convert ParaSwap (PSP) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 PSP is currently valued at 0.08362 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PSP is currently valued at 0.08362 PEN, which means buying 5 PSP would cost 0.4181 PEN. Similarly, S/.1 PEN can be converted to 11.96 PSP, and S/.50 PEN can be converted to 59.8 PSP, excluding any platform or gas fees.

Convert PSP to PEN

Convert PEN to PSP

ParaSwap
Peruvian Sol
1 PSP
0.08362  PEN
Exchange 1 PSP for 0.08362 PEN
2 PSP
0.1672  PEN
Exchange 2 PSP for 0.1672 PEN
5 PSP
0.4181  PEN
Exchange 5 PSP for 0.4181 PEN
10 PSP
0.8362  PEN
Exchange 10 PSP for 0.8362 PEN
20 PSP
1.67  PEN
Exchange 20 PSP for 1.67 PEN
50 PSP
4.18  PEN
Exchange 50 PSP for 4.18 PEN
100 PSP
8.36  PEN
Exchange 100 PSP for 8.36 PEN
200 PSP
16.72  PEN
Exchange 200 PSP for 16.72 PEN
500 PSP
41.81  PEN
Exchange 500 PSP for 41.81 PEN
1000 PSP
83.62  PEN
Exchange 1000 PSP for 83.62 PEN
5000 PSP
418.09  PEN
Exchange 5000 PSP for 418.09 PEN
10000 PSP
836.17  PEN
Exchange 10000 PSP for 836.17 PEN
In the table above, you'll find a comprehensive PSP to PEN converter that shows the value of ParaSwap in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 PSP to PEN, all the way up to 10000 PSP, providing a clear view of their respective values.
Peruvian Sol
ParaSwap
1 PEN
11.96 PSP
Exchange 1 PEN for 11.96 PSP
10 PEN
119.59 PSP
Exchange 10 PEN for 119.59 PSP
50 PEN
597.96 PSP
Exchange 50 PEN for 597.96 PSP
100 PEN
1,195.93 PSP
Exchange 100 PEN for 1,195.93 PSP
200 PEN
2,391.86 PSP
Exchange 200 PEN for 2,391.86 PSP
500 PEN
5,979.64 PSP
Exchange 500 PEN for 5,979.64 PSP
1000 PEN
11,959.28 PSP
Exchange 1000 PEN for 11,959.28 PSP
2000 PEN
23,918.57 PSP
Exchange 2000 PEN for 23,918.57 PSP
5000 PEN
59,796.41 PSP
Exchange 5000 PEN for 59,796.41 PSP
10000 PEN
119,592.83 PSP
Exchange 10000 PEN for 119,592.83 PSP
50000 PEN
597,964.14 PSP
Exchange 50000 PEN for 597,964.14 PSP
100000 PEN
1,195,928.27 PSP
Exchange 100000 PEN for 1,195,928.27 PSP
In the table above, you'll find a comprehensive PEN to PSP converter that shows the value of Peruvian Sol in ParaSwap across commonly used conversion amounts. The list covers conversions from 1 PEN to PSP, all the way up to 100000 PEN, providing a clear view of their respective values.

PSP to PEN chart

PSP/PEN: 1 PSP = 0.08362 PEN; 2025/08/03 22:29:38
In the past 1D, ParaSwap has changed +2.05% to PEN. Based on the trend and price charts, ParaSwap(PSP) has changed +2.05% to PEN while Peruvian Sol(PEN) has changed % to PSP in the last 24 hours.
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PSP to PEN conversion data: Volatility and price changes of ParaSwap in PEN

The highest ParaSwap price in PEN over the past 7 days was 0.07149 PEN while the lowest ParaSwap price in PEN over the past 7 days was 0.05901 PEN. The relative change between the highs and lows in ParaSwap price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and PSP 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
0.06820 PEN
0.07149 PEN
0.07505 PEN
0.07540 PEN
Low
0.06641 PEN
0.05901 PEN
0.05901 PEN
0.04810 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
+2.05%
-1.41%
-0.20%
-0.43%

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ParaSwap information

PSP to PEN market statistics

PSP/PEN:
S/.0.08362
PSP 24h volume:
S/.1,571,882.27
PSP market cap:
S/.62,292,773.64
PSP circulating supply:
744.98M PSP

Current PSP to PEN exchange rate

ParaSwap to Peruvian Sol is falling this week.
ParaSwap's current market price is S/.0.08362 per PSP, with a total market cap of S/.62,292,773.64 PEN based on a circulating supply of 744,976,900 PSP. The trading volume of ParaSwap has changed by -15.63% (S/.-291,093.73 PEN) in the last 24 hours. Last trading day, PSP's trading volume was S/.1,862,976.

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

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How to convert PSP to PEN

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PSP to PEN Conversion tables

The exchange rate of ParaSwap is decreasing.
The exchange rate of 1 PSP to Peruvian Sol has changed by -1.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.05%, reaching a high of 0.06820 PEN and a low of 0.06641 PEN . One month ago, the value of 1 PSP was S/.0.08375 PEN , which represents a -0.20% change from its current value. Over the last year, ParaSwap has changed by
-S/.
0.001269PEN
, resulting in a change of -1.83% in its value.
24 hours ago1 month ago1 year ago
Amount 22:29 today 24 hours ago 24h change
0.5 PSP
S/.0.04181S/.0.04113
+2.05%
1 PSP
S/.0.08362S/.0.08225
+2.05%
5 PSP
S/.0.4181S/.0.4113
+2.05%
10 PSP
S/.0.8362S/.0.8225
+2.05%
50 PSP
S/.4.18S/.4.11
+2.05%
100 PSP
S/.8.36S/.8.23
+2.05%
500 PSP
S/.41.81S/.41.13
+2.05%
1000 PSP
S/.83.62S/.82.25
+2.05%

PSP to PEN FAQ

How much is 1 ParaSwap in PEN?
Right now, the price of 1 ParaSwap (PSP) in Peruvian Sol (PEN) is S/.0.08362.
How much PSP can I buy for 1 PEN?
Based on the current exchange rate, you can get 11.96 PSP for 1 PEN.
How do I calculate or convert PSP to PEN?
You can use our PSP to PEN calculator at the top of this page to convert any amount of PSP to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 59.8 PSP, while 5 PSP will cost around 0.4181PEN.
What is the highest price of PSP/PEN in history?
The all-time high price of 1 PSP in PEN is S/.27.13. It remains to be seen if the value of 1 PSP/PEN will exceed the current all-time high.
What is the price trend of ParaSwap in PEN?
Over the past 7 days, the exchange rate of ParaSwap (PSP) has gone down by 1.41%.   Over the last month, the exchange rate of ParaSwap (PSP) has gone down by 0.20% against Peruvian Sol (PEN).

What factors influence the conversion rate of PSP to PEN?

There are many factors that affect the relationship between ParaSwap 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 PSP/PEN. When there is positive news in the market about the widespread adoption of PSP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PSP/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PSP/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 PSP/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 ParaSwap 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 ParaSwap currency pairs: PSP to US Dollar (USD), PSP to Euro (EUR), PSP to Pound Sterling (GBP), PSP to Canadian Dollar (CAD), PSP to Indian Rupee (INR), PSP to Pakistani Rupee (PKR), PSP to Brazilian Real (BRL), PSP to…
The price of ParaSwap in the US is $0.02343 USD. Additionally, ParaSwap’s price is €0.02021 EUR in the eurozone, £0.01764 GBP in the UK, C$0.03230 CAD in Canada, ₹2.04 INR in India, ₨6.56 PKR in Pakistan, R$0.1298 BRL in Brazil, and more.
The most popular ParaSwap currency pair is the PSP to Peruvian Sol(PEN). The price of 1 ParaSwap (PSP) in Peruvian Sol (PEN) is S/.0.08362.

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