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Ren to Peruvian Sol Converter and calculator

Convert 1Ren (REN) to Peruvian Sol (PEN) equals S/. 0.1774 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ren(REN) to Peruvian Sol(PEN). This is the real-time data. The current conversion shows 1 REN at a value of 1 REN for 0.18 PEN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PEN 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.

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

REN to PEN conversion rate trend

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In the past 1D, Ren has changed -3.57% to PEN. Based on the trend and price charts, Ren(REN) has changed -3.57% to PEN while Peruvian Sol(PEN) has changed % to REN in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
S/.0.1782
0.0200% / 0.0320%vip-iconVIP 7
Binance
S/.0.1787
0.1000% / 0.1000%
Yes
OKX
S/.0.1782
0.080% / 0.100%
Yes
Huobi
S/.0.1787
0.1000% / 0.1000%
Yes
Gate.io
S/.0.1781
0.1000% / 0.1000%
Yes
Bybit
S/.0.1783
0.1000% / 0.1000%
Yes
KuCoin
S/.0.1782
0.1000% / 0.1000%
Yes
Last updated 2024/07/03 17:00:17(UTC+0)

How to buy Ren

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Ren (REN)
Use a variety of payment options to buy Ren on Bitget. We'll show you how.

Buy REN (or USDT) for PEN (Peruvian Sol) offers

Bitget P2P trading does not currently support direct buying of REN with PEN. However, you can buy USDT in Bitget P2P trading first, and then buy REN with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
c
criptosophanaVerified Merchant
1 tradesCompletion rate 33.00%
3.87 PEN
Amount103.87 USDT
Limit40 - 401.97 PEN
BCPYAPE
Buy
D
Dlc_traderVerified Merchant
84 tradesCompletion rate 99.00%
3.87 PEN
Amount1862.19 USDT
Limit40 - 7206.65 PEN
BCPINTERBANKYAPEPLIN
Buy
M
MANZANAVerified Merchant
19 tradesCompletion rate 100.00%
3.87 PEN
Amount2236.74 USDT
Limit500 - 2000 PEN
BCPINTERBANK
Buy
C
Cambista_PeruVerified Merchant
99 tradesCompletion rate 87.00%
3.88 PEN
Amount1940.62 USDT
Limit40 - 7529 PEN
BBVA
Buy
C
CriptoNemesisVerified Merchant
159 tradesCompletion rate 99.00%
3.89 PEN
Amount401.34 USDT
Limit200 - 1553 PEN
BBVABCPINTERBANK
Buy

Sell REN (or USDT) for PEN (Peruvian Sol) offers

Bitget P2P trading currently does not support direct selling of REN to PEN. However, you can first exchange REN for USDT in the Bitget spot market, and then sell USDT to PEN in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
W
Wigo00Verified Merchant
0 tradesCompletion rate 0.00%
3.84 PEN
Amount1800 USDT
Limit1000 - 6912 PEN
BBVABCPINTERBANKYAPEPLIN
Sell
c
cambioal fast seguroVerified Merchant
8 tradesCompletion rate 89.00%
3.84 PEN
Amount350 USDT
Limit40 - 1300 PEN
BCPYAPE
Sell
C
CriptoNemesisVerified Merchant
159 tradesCompletion rate 99.00%
3.83 PEN
Amount320 USDT
Limit200 - 1532 PEN
BBVABCPINTERBANKYAPEPLIN
Sell
M
MANZANAVerified Merchant
19 tradesCompletion rate 100.00%
3.83 PEN
Amount25137.95 USDT
Limit1000 - 50000 PEN
BCPINTERBANK
Sell
B
BGUSER-5K9YGFR9Verified Merchant
2 tradesCompletion rate 100.00%
3.83 PEN
Amount50 USDT
Limit40 - 191 PEN
BCPINTERBANKYAPEPLIN
Sell

What factors influence the conversion rate of Ren to Peruvian Sol?

Ren to Peruvian Sol is falling this week.
Ren's current market price is S/. 0.1774 per REN, with a total market cap of S/. 177,205,613.98 PEN based on a circulating supply of 999,127,500 REN. The trading volume of Ren has changed by +8.82% (S/. 2,256,590.82 PEN) in the last 24 hours. Last trading day, REN's trading volume was S/. 25,599,151.71.
Market cap
$46.40M
24h volume
$7.29M
Circulating supply
999.13M REN

Conversion tables

The exchange rate of Ren is decreasing.
1 REN is currently valued at S/. 0.1774 PEN , which means buying 5 REN will cost S/. 0.8868 PEN . Similarly, S/.1 PEN can be traded for 5.64 REN, and S/.50 PEN can be converted to 281.91 REN, excluding any platform or gas fees.
The exchange rate of 1 REN to Peruvian Sol has changed by -3.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.57%, reaching a high of 0.1874 PEN and a low of 0.1769 PEN . One month ago, the value of 1 REN was S/. 0.2745 PEN , which represents a -35.44% change from its current value. Over the last year, Ren has changed by
-S/.
0.06886PEN
, resulting in a change of -28.02% in its value.

REN to PEN

Amount
17:38 today
0.5 REN
S/.0.08868
1 REN
S/.0.1774
5 REN
S/.0.8868
10 REN
S/.1.77
50 REN
S/.8.87
100 REN
S/.17.74
500 REN
S/.88.68
1000 REN
S/.177.36

PEN to REN

Amount17:38 today
0.5PEN2.82  REN
1PEN5.64  REN
5PEN28.19  REN
10PEN56.38  REN
50PEN281.91  REN
100PEN563.82  REN
500PEN2,819.12  REN
1000PEN5,638.24  REN
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Today vs. 24 hours ago

Amount17:38 today24 hours ago24h change
0.5 REN$0.02322$0.02408
-3.57%
1 REN$0.04644$0.04816
-3.57%
5 REN$0.2322$0.2408
-3.57%
10 REN$0.4644$0.4816
-3.57%
50 REN$2.32$2.41
-3.57%
100 REN$4.64$4.82
-3.57%
500 REN$23.22$24.08
-3.57%
1000 REN$46.44$48.16
-3.57%

Today vs. 1 month ago

Amount17:38 today1 month ago1M change
0.5 REN$0.02322$0.03593
-35.44%
1 REN$0.04644$0.07187
-35.44%
5 REN$0.2322$0.3593
-35.44%
10 REN$0.4644$0.7187
-35.44%
50 REN$2.32$3.59
-35.44%
100 REN$4.64$7.19
-35.44%
500 REN$23.22$35.93
-35.44%
1000 REN$46.44$71.87
-35.44%
Buy Ren for 1 PEN
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount17:38 today1 year ago1Y change
0.5 REN$0.02322$0.03224
-28.02%
1 REN$0.04644$0.06447
-28.02%
5 REN$0.2322$0.3224
-28.02%
10 REN$0.4644$0.6447
-28.02%
50 REN$2.32$3.22
-28.02%
100 REN$4.64$6.45
-28.02%
500 REN$23.22$32.24
-28.02%
1000 REN$46.44$64.47
-28.02%

Ren price prediction

What will the price of REN be in 2025?

Based on REN's historical price performance prediction model, the price of REN is projected to reach $0.07439 in 2025.

What will the price of REN be in 2030?

In 2030, the REN price is expected to change by -14.00%. By the end of 2030, the REN price is projected to reach $0.1066, with a cumulative ROI of +129.44%.
Buy Ren for 1 PEN
A welcome pack worth 1000 USDT for new Bitgetters!
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Ren and PEN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ren and PEN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Ren in PEN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.