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MVP to PEN Converter and calculator

MVP/PEN: 1 MVP = 0.01205 PEN. The price of converting 1 MAGA VP (MVP) to Peruvian Sol (PEN) is 0.01205 PEN today.
MVP
MVP
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MVP to PEN real-time exchange rates, making it easy to convert MAGA VP (MVP) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 MVP is currently valued at 0.01 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MVP is currently valued at 0.01 PEN, which means buying 5 MVP would cost 0.06 PEN. Similarly, S/.1 PEN can be converted to 83.02 MVP, and S/.50 PEN can be converted to 415.1 MVP, excluding any platform or gas fees.

Convert MVP to PEN

Convert PEN to MVP

MAGA VP
Peruvian Sol
10000 MVP
120.45  PEN
In the table above, you'll find a comprehensive MVP to PEN converter that shows the value of MAGA VP in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 MVP to PEN, all the way up to 10000 MVP, providing a clear view of their respective values.
Peruvian Sol
MAGA VP
2000 PEN
166,040.48 MVP
10000 PEN
830,202.4 MVP
50000 PEN
4,151,012 MVP
100000 PEN
8,302,024 MVP
In the table above, you'll find a comprehensive PEN to MVP converter that shows the value of Peruvian Sol in MAGA VP across commonly used conversion amounts. The list covers conversions from 1 PEN to MVP, all the way up to 100000 PEN, providing a clear view of their respective values.

MVP to PEN chart

MVP/PEN: 1 MVP = 0.01205 PEN; 2025/04/30 15:09:06
In the past 1D, MAGA VP has changed 0.00% to PEN. Based on the trend and price charts, MAGA VP(MVP) has changed 0.00% to PEN while Peruvian Sol(PEN) has changed % to MVP in the last 24 hours.
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MVP to PEN conversion data: Volatility and price changes of MAGA VP in PEN

The highest MAGA VP price in PEN over the past 7 days was 0.01438 PEN while the lowest MAGA VP price in PEN over the past 7 days was 0.01205 PEN. The relative change between the highs and lows in MAGA VP price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and MVP to PEN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.01205 PEN
0.01438 PEN
0.03447 PEN
0.04075 PEN
Low
0.01205 PEN
0.01205 PEN
0.01096 PEN
0.01096 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
--
-15.26%
-23.94%
-53.85%

MAGA VP information

MVP to PEN market statistics

MVP/PEN:
S/.0.01205
MVP 24h volume:
--
MVP market cap:
S/.500,119.26
MVP circulating supply:
41.52M MVP

Current MVP to PEN exchange rate

MAGA VP to Peruvian Sol is falling this week.
MAGA VP's current market price is S/.0.01205 per MVP, with a total market cap of S/.500,119.26 PEN based on a circulating supply of 41,520,024 MVP. The trading volume of MAGA VP has changed by 0.00% (S/.0 PEN) in the last 24 hours. Last trading day, MVP's trading volume was S/.0.

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

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How to convert MVP to PEN

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MVP to PEN Conversion tables

The exchange rate of MAGA VP is decreasing.
The exchange rate of 1 MVP to Peruvian Sol has changed by -15.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0.01205 PEN and a low of 0.01205 PEN . One month ago, the value of 1 MVP was S/.0.01584 PEN , which represents a -23.94% change from its current value. Over the last year, MAGA VP has changed by
-S/.
0.3855PEN
, resulting in a change of -96.97% in its value.
24 hours ago1 month ago1 year ago
Amount15:09 today24 hours ago24h change
0.5 MVPS/.0.006023S/.0.006023
0.00%
1 MVPS/.0.01205S/.0.01205
0.00%
5 MVPS/.0.06023S/.0.06023
0.00%
10 MVPS/.0.1205S/.0.1205
0.00%
50 MVPS/.0.6023S/.0.6023
0.00%
100 MVPS/.1.2S/.1.2
0.00%
500 MVPS/.6.02S/.6.02
0.00%
1000 MVPS/.12.05S/.12.05
0.00%

MVP to PEN FAQ

How much is 1 MAGA VP in PEN?
Right now, the price of 1 MAGA VP (MVP) in Peruvian Sol (PEN) is S/.0.01205.
How much MVP can I buy for 1 PEN?
Based on the current exchange rate, you can get 83.02 MVP for 1 PEN.
How do I calculate or convert MVP to PEN?
You can use our MVP to PEN calculator at the top of this page to convert any amount of MVP to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 415.1 MVP, while 5 MVP will cost around 0.06023PEN.
What is the highest price of MVP/PEN in history?
The all-time high price of 1 MVP in PEN is S/.2.7. It remains to be seen if the value of 1 MVP/PEN will exceed the current all-time high.
What is the price trend of MAGA VP in PEN?
Over the past 7 days, the exchange rate of MAGA VP (MVP) has gone down by 15.26%.   Over the last month, the exchange rate of MAGA VP (MVP) has gone down by 23.94% against Peruvian Sol (PEN).

What factors influence the conversion rate of MVP to PEN?

There are many factors that affect the relationship between MAGA VP 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 MVP/PEN. When there is positive news in the market about the widespread adoption of MVP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MVP/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MVP/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 MVP/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 MAGA VP and adjust their investment strategies accordingly in the evolving market.

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