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SPONGE to PEN Converter and calculator

SPONGE/PEN: 1 SPONGE = 0.{4}2800 PEN. The price of converting 1 SPONGE (SPONGE) to Peruvian Sol (PEN) is 0.{4}2800 PEN today.
SPONGE
SPONGE
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SPONGE to PEN real-time exchange rates, making it easy to convert SPONGE (SPONGE) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 SPONGE is currently valued at 0.{4}2800 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SPONGE is currently valued at 0.{4}2800 PEN, which means buying 5 SPONGE would cost 0.0001400 PEN. Similarly, S/.1 PEN can be converted to 35,708.14 SPONGE, and S/.50 PEN can be converted to 178,540.7 SPONGE, excluding any platform or gas fees.

Convert SPONGE to PEN

Convert PEN to SPONGE

SPONGE
Peruvian Sol
1 SPONGE
0.{4}2800  PEN
Exchange 1 SPONGE for 0.{4}2800 PEN
2 SPONGE
0.{4}5601  PEN
Exchange 2 SPONGE for 0.{4}5601 PEN
5 SPONGE
0.0001400  PEN
Exchange 5 SPONGE for 0.0001400 PEN
10 SPONGE
0.0002800  PEN
Exchange 10 SPONGE for 0.0002800 PEN
20 SPONGE
0.0005601  PEN
Exchange 20 SPONGE for 0.0005601 PEN
50 SPONGE
0.001400  PEN
Exchange 50 SPONGE for 0.001400 PEN
100 SPONGE
0.002800  PEN
Exchange 100 SPONGE for 0.002800 PEN
200 SPONGE
0.005601  PEN
Exchange 200 SPONGE for 0.005601 PEN
500 SPONGE
0.01400  PEN
Exchange 500 SPONGE for 0.01400 PEN
1000 SPONGE
0.02800  PEN
Exchange 1000 SPONGE for 0.02800 PEN
5000 SPONGE
0.1400  PEN
Exchange 5000 SPONGE for 0.1400 PEN
10000 SPONGE
0.2800  PEN
Exchange 10000 SPONGE for 0.2800 PEN
In the table above, you'll find a comprehensive SPONGE to PEN converter that shows the value of SPONGE in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 SPONGE to PEN, all the way up to 10000 SPONGE, providing a clear view of their respective values.
Peruvian Sol
SPONGE
1 PEN
35,708.14 SPONGE
Exchange 1 PEN for 35,708.14 SPONGE
10 PEN
357,081.41 SPONGE
Exchange 10 PEN for 357,081.41 SPONGE
50 PEN
1,785,407.04 SPONGE
Exchange 50 PEN for 1,785,407.04 SPONGE
100 PEN
3,570,814.08 SPONGE
Exchange 100 PEN for 3,570,814.08 SPONGE
200 PEN
7,141,628.16 SPONGE
Exchange 200 PEN for 7,141,628.16 SPONGE
500 PEN
17,854,070.39 SPONGE
Exchange 500 PEN for 17,854,070.39 SPONGE
1000 PEN
35,708,140.78 SPONGE
Exchange 1000 PEN for 35,708,140.78 SPONGE
2000 PEN
71,416,281.56 SPONGE
Exchange 2000 PEN for 71,416,281.56 SPONGE
5000 PEN
178,540,703.9 SPONGE
Exchange 5000 PEN for 178,540,703.9 SPONGE
10000 PEN
357,081,407.8 SPONGE
Exchange 10000 PEN for 357,081,407.8 SPONGE
50000 PEN
1,785,407,039.01 SPONGE
Exchange 50000 PEN for 1,785,407,039.01 SPONGE
100000 PEN
3,570,814,078.03 SPONGE
Exchange 100000 PEN for 3,570,814,078.03 SPONGE
In the table above, you'll find a comprehensive PEN to SPONGE converter that shows the value of Peruvian Sol in SPONGE across commonly used conversion amounts. The list covers conversions from 1 PEN to SPONGE, all the way up to 100000 PEN, providing a clear view of their respective values.

SPONGE to PEN chart

SPONGE/PEN: 1 SPONGE = 0.{4}2800 PEN; 2025/11/28 14:37:30
In the past 1D, SPONGE has changed +20.35% to PEN. Based on the trend and price charts, SPONGE(SPONGE) has changed +20.35% to PEN while Peruvian Sol(PEN) has changed % to SPONGE in the last 24 hours.
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SPONGE to PEN conversion data: Volatility and price changes of SPONGE in PEN

The highest SPONGE price in PEN over the past 7 days was 0.{4}3460 PEN while the lowest SPONGE price in PEN over the past 7 days was 0.{5}9014 PEN. The relative change between the highs and lows in SPONGE price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and SPONGE 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.{4}3460 PEN
0.{4}3460 PEN
0.{4}3460 PEN
0.{4}3460 PEN
Low
0.{4}1911 PEN
0.{5}9014 PEN
0.{5}9014 PEN
0.{5}6240 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
+20.35%
+125.31%
+122.89%
+54.76%

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SPONGE information

SPONGE to PEN market statistics

SPONGE/PEN:
S/.0.{4}2800
SPONGE 24h volume:
S/.79,398.96
SPONGE market cap:
--
SPONGE circulating supply:
0 SPONGE

Current SPONGE to PEN exchange rate

SPONGE to Peruvian Sol is rising this week.
SPONGE's current market price is S/.0.{4}2800 per SPONGE, with a total market cap of S/.0 PEN based on a circulating supply of -- SPONGE. The trading volume of SPONGE has changed by -44.09% (S/.-62,623.80 PEN) in the last 24 hours. Last trading day, SPONGE's trading volume was S/.142,022.75.

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

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SPONGE to PEN Conversion tables

The exchange rate of SPONGE is increasing.
The exchange rate of 1 SPONGE to Peruvian Sol has changed by +125.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +20.35%, reaching a high of 0.{4}3460 PEN and a low of 0.{4}1911 PEN . One month ago, the value of 1 SPONGE was S/.0.{4}1439 PEN , which represents a +122.89% change from its current value. Over the last year, SPONGE has changed by
-S/.
0.{4}4061PEN
, resulting in a change of -62.18% in its value.
24 hours ago1 month ago1 year ago
Amount 14:37 today 24 hours ago 24h change
0.5 SPONGE
S/.0.{4}1400S/.0.{4}1191
+20.35%
1 SPONGE
S/.0.{4}2800S/.0.{4}2383
+20.35%
5 SPONGE
S/.0.0001400S/.0.0001191
+20.35%
10 SPONGE
S/.0.0002800S/.0.0002383
+20.35%
50 SPONGE
S/.0.001400S/.0.001191
+20.35%
100 SPONGE
S/.0.002800S/.0.002383
+20.35%
500 SPONGE
S/.0.01400S/.0.01191
+20.35%
1000 SPONGE
S/.0.02800S/.0.02383
+20.35%

SPONGE to PEN FAQ

How much is 1 SPONGE in PEN?
Right now, the price of 1 SPONGE (SPONGE) in Peruvian Sol (PEN) is S/.0.{4}2800.
How much SPONGE can I buy for 1 PEN?
Based on the current exchange rate, you can get 35,708.14 SPONGE for 1 PEN.
How do I calculate or convert SPONGE to PEN?
You can use our SPONGE to PEN calculator at the top of this page to convert any amount of SPONGE to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 178,540.7 SPONGE, while 5 SPONGE will cost around 0.0001400PEN.
What is the highest price of SPONGE/PEN in history?
The all-time high price of 1 SPONGE in PEN is S/.0.01419. It remains to be seen if the value of 1 SPONGE/PEN will exceed the current all-time high.
What is the price trend of SPONGE in PEN?
Over the past 7 days, the exchange rate of SPONGE (SPONGE) has gone up by 125.31%.   Over the last month, the exchange rate of SPONGE (SPONGE) has gone up by 122.89% against Peruvian Sol (PEN).

What factors influence the conversion rate of SPONGE to PEN?

There are many factors that affect the relationship between SPONGE 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 SPONGE/PEN. When there is positive news in the market about the widespread adoption of SPONGE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SPONGE/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SPONGE/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 SPONGE/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 SPONGE 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 SPONGE currency pairs: SPONGE to US Dollar (USD), SPONGE to Euro (EUR), SPONGE to Pound Sterling (GBP), SPONGE to Canadian Dollar (CAD), SPONGE to Indian Rupee (INR), SPONGE to Pakistani Rupee (PKR), SPONGE to Brazilian Real (BRL), SPONGE to…
The price of SPONGE in the US is $0.{5}8322 USD. Additionally, SPONGE’s price is €0.{5}7191 EUR in the eurozone, £0.{5}6294 GBP in the UK, C$0.{4}1165 CAD in Canada, ₹0.0007444 INR in India, ₨0.002351 PKR in Pakistan, R$0.{4}4447 BRL in Brazil, and more.
The most popular SPONGE currency pair is the SPONGE to Peruvian Sol(PEN). The price of 1 SPONGE (SPONGE) in Peruvian Sol (PEN) is S/.0.{4}2800.

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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.