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The Arena to Peruvian Sol (ARENA to PEN)

ARENA to PEN Converter and calculator

ARENA/PEN: 1 ARENA = 0.006642 PEN. The price of converting 1 The Arena (ARENA) to Peruvian Sol (PEN) is 0.006642 PEN today.
ARENA
ARENA
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ARENA to PEN real-time exchange rates, making it easy to convert The Arena (ARENA) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 ARENA is currently valued at 0.006642 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ARENA is currently valued at 0.006642 PEN, which means buying 5 ARENA would cost 0.03321 PEN. Similarly, S/.1 PEN can be converted to 150.55 ARENA, and S/.50 PEN can be converted to 752.75 ARENA, excluding any platform or gas fees.

Convert ARENA to PEN

Convert PEN to ARENA

The Arena
Peruvian Sol
1 ARENA
0.006642  PEN
Exchange 1 ARENA for 0.006642 PEN
2 ARENA
0.01328  PEN
Exchange 2 ARENA for 0.01328 PEN
5 ARENA
0.03321  PEN
Exchange 5 ARENA for 0.03321 PEN
10 ARENA
0.06642  PEN
Exchange 10 ARENA for 0.06642 PEN
20 ARENA
0.1328  PEN
Exchange 20 ARENA for 0.1328 PEN
50 ARENA
0.3321  PEN
Exchange 50 ARENA for 0.3321 PEN
100 ARENA
0.6642  PEN
Exchange 100 ARENA for 0.6642 PEN
200 ARENA
1.33  PEN
Exchange 200 ARENA for 1.33 PEN
500 ARENA
3.32  PEN
Exchange 500 ARENA for 3.32 PEN
1000 ARENA
6.64  PEN
Exchange 1000 ARENA for 6.64 PEN
5000 ARENA
33.21  PEN
Exchange 5000 ARENA for 33.21 PEN
10000 ARENA
66.42  PEN
Exchange 10000 ARENA for 66.42 PEN
In the table above, you'll find a comprehensive ARENA to PEN converter that shows the value of The Arena in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 ARENA to PEN, all the way up to 10000 ARENA, providing a clear view of their respective values.
Peruvian Sol
The Arena
1 PEN
150.55 ARENA
Exchange 1 PEN for 150.55 ARENA
10 PEN
1,505.5 ARENA
Exchange 10 PEN for 1,505.5 ARENA
50 PEN
7,527.48 ARENA
Exchange 50 PEN for 7,527.48 ARENA
100 PEN
15,054.95 ARENA
Exchange 100 PEN for 15,054.95 ARENA
200 PEN
30,109.91 ARENA
Exchange 200 PEN for 30,109.91 ARENA
500 PEN
75,274.77 ARENA
Exchange 500 PEN for 75,274.77 ARENA
1000 PEN
150,549.54 ARENA
Exchange 1000 PEN for 150,549.54 ARENA
2000 PEN
301,099.08 ARENA
Exchange 2000 PEN for 301,099.08 ARENA
5000 PEN
752,747.69 ARENA
Exchange 5000 PEN for 752,747.69 ARENA
10000 PEN
1,505,495.38 ARENA
Exchange 10000 PEN for 1,505,495.38 ARENA
50000 PEN
7,527,476.88 ARENA
Exchange 50000 PEN for 7,527,476.88 ARENA
100000 PEN
15,054,953.77 ARENA
Exchange 100000 PEN for 15,054,953.77 ARENA
In the table above, you'll find a comprehensive PEN to ARENA converter that shows the value of Peruvian Sol in The Arena across commonly used conversion amounts. The list covers conversions from 1 PEN to ARENA, all the way up to 100000 PEN, providing a clear view of their respective values.

ARENA to PEN chart

ARENA/PEN: 1 ARENA = 0.006642 PEN; 2026/01/11 09:59:29
In the past 1D, The Arena has changed -2.76% to PEN. Based on the trend and price charts, The Arena(ARENA) has changed -2.76% to PEN while Peruvian Sol(PEN) has changed % to ARENA in the last 24 hours.
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ARENA to PEN conversion data: Volatility and price changes of The Arena in PEN

The highest The Arena price in PEN over the past 7 days was 0.008238 PEN while the lowest The Arena price in PEN over the past 7 days was 0.006643 PEN. The relative change between the highs and lows in The Arena price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and ARENA 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
0.006981 PEN
0.008238 PEN
0.009737 PEN
0.01845 PEN
Low
0.006643 PEN
0.006643 PEN
0.005039 PEN
0.005039 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-2.76%
-3.37%
-26.72%
-63.72%

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The Arena information

ARENA to PEN market statistics

ARENA/PEN:
S/.0.006642
ARENA 24h volume:
S/.410,950.14
ARENA market cap:
S/.34,077,700.01
ARENA circulating supply:
5.13B ARENA

Current ARENA to PEN exchange rate

The Arena to Peruvian Sol is falling this week.
The Arena's current market price is S/.0.006642 per ARENA, with a total market cap of S/.34,077,700.01 PEN based on a circulating supply of 5,130,382,300 ARENA. The trading volume of The Arena has changed by -45.73% (S/.-346,302.01 PEN) in the last 24 hours. Last trading day, ARENA's trading volume was S/.757,252.15.

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

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How to convert ARENA to PEN

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ARENA to PEN Conversion tables

The exchange rate of The Arena is decreasing.
The exchange rate of 1 ARENA to Peruvian Sol has changed by -3.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.76%, reaching a high of 0.006981 PEN and a low of 0.006643 PEN . One month ago, the value of 1 ARENA was S/.0.009081 PEN , which represents a -26.72% change from its current value. Over the last year, The Arena has changed by
-S/.
0.01804PEN
, resulting in a change of -72.96% in its value.
24 hours ago1 month ago1 year ago
Amount 09:59 am today 24 hours ago 24h change
0.5 ARENA
S/.0.003321S/.0.003416
-2.76%
1 ARENA
S/.0.006642S/.0.006832
-2.76%
5 ARENA
S/.0.03321S/.0.03416
-2.76%
10 ARENA
S/.0.06642S/.0.06832
-2.76%
50 ARENA
S/.0.3321S/.0.3416
-2.76%
100 ARENA
S/.0.6642S/.0.6832
-2.76%
500 ARENA
S/.3.32S/.3.42
-2.76%
1000 ARENA
S/.6.64S/.6.83
-2.76%

ARENA to PEN FAQ

How much is 1 The Arena in PEN?
Right now, the price of 1 The Arena (ARENA) in Peruvian Sol (PEN) is S/.0.006642.
How much ARENA can I buy for 1 PEN?
Based on the current exchange rate, you can get 150.55 ARENA for 1 PEN.
How do I calculate or convert ARENA to PEN?
You can use our ARENA to PEN calculator at the top of this page to convert any amount of ARENA to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 752.75 ARENA, while 5 ARENA will cost around 0.03321PEN.
What is the highest price of ARENA/PEN in history?
The all-time high price of 1 ARENA in PEN is S/.0.1217. It remains to be seen if the value of 1 ARENA/PEN will exceed the current all-time high.
What is the price trend of The Arena in PEN?
Over the past 7 days, the exchange rate of The Arena (ARENA) has gone down by 3.37%.   Over the last month, the exchange rate of The Arena (ARENA) has gone down by 26.72% against Peruvian Sol (PEN).

What factors influence the conversion rate of ARENA to PEN?

There are many factors that affect the relationship between The Arena 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 ARENA/PEN. When there is positive news in the market about the widespread adoption of ARENA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ARENA/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ARENA/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 ARENA/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 The Arena 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 The Arena currency pairs: ARENA to US Dollar (USD), ARENA to Euro (EUR), ARENA to Pound Sterling (GBP), ARENA to Canadian Dollar (CAD), ARENA to Indian Rupee (INR), ARENA to Pakistani Rupee (PKR), ARENA to Brazilian Real (BRL), ARENA to…
The price of The Arena in the US is $0.001975 USD. Additionally, The Arena’s price is €0.001698 EUR in the eurozone, £0.001473 GBP in the UK, C$0.002749 CAD in Canada, ₹0.1783 INR in India, ₨0.5533 PKR in Pakistan, R$0.01061 BRL in Brazil, and more.
The most popular The Arena currency pair is the ARENA to Peruvian Sol(PEN). The price of 1 The Arena (ARENA) in Peruvian Sol (PEN) is S/.0.006642.

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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.
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