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NEST to PHP Converter and calculator

NEST/PHP: 1 NEST = 0.02259 PHP. The price of converting 1 NEST Protocol (NEST) to Philippine Peso (PHP) is 0.02259 PHP today.
NEST
NEST
PHP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NEST to PHP real-time exchange rates, making it easy to convert NEST Protocol (NEST) to Philippine Peso (PHP). The conversion result is based on real-time data. The conversion result shows that 1 NEST is currently valued at 0.02 PHP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NEST is currently valued at 0.02 PHP, which means buying 5 NEST would cost 0.11 PHP. Similarly, ₱1 PHP can be converted to 44.27 NEST, and ₱50 PHP can be converted to 221.35 NEST, excluding any platform or gas fees.

Convert NEST to PHP

Convert PHP to NEST

NEST Protocol
Philippine Peso
5000 NEST
112.94  PHP
10000 NEST
225.89  PHP
In the table above, you'll find a comprehensive NEST to PHP converter that shows the value of NEST Protocol in Philippine Peso across commonly used conversion amounts. The list covers conversions from 1 NEST to PHP, all the way up to 10000 NEST, providing a clear view of their respective values.
Philippine Peso
NEST Protocol
1000 PHP
44,269.63 NEST
2000 PHP
88,539.26 NEST
5000 PHP
221,348.14 NEST
10000 PHP
442,696.29 NEST
50000 PHP
2,213,481.43 NEST
100000 PHP
4,426,962.87 NEST
In the table above, you'll find a comprehensive PHP to NEST converter that shows the value of Philippine Peso in NEST Protocol across commonly used conversion amounts. The list covers conversions from 1 PHP to NEST, all the way up to 100000 PHP, providing a clear view of their respective values.

NEST to PHP chart

NEST/PHP: 1 NEST = 0.02259 PHP; 2025/04/29 19:52:14
In the past 1D, NEST Protocol has changed -1.83% to PHP. Based on the trend and price charts, NEST Protocol(NEST) has changed -1.83% to PHP while Philippine Peso(PHP) has changed % to NEST in the last 24 hours.
1D7D1M3M1YAll

NEST to PHP conversion data: Volatility and price changes of NEST Protocol in PHP

The highest NEST Protocol price in PHP over the past 7 days was 0.02304 PHP while the lowest NEST Protocol price in PHP over the past 7 days was 0.01804 PHP. The relative change between the highs and lows in NEST Protocol price in PHP over the last 7 days indicates a volatility of %. You can view additional volatility data and NEST to PHP 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
0.02305 PHP
0.02304 PHP
0.02467 PHP
0.07141 PHP
Low
0.02143 PHP
0.01804 PHP
0.007099 PHP
0.007099 PHP
Average
0 PHP
0 PHP
0 PHP
0 PHP
Volatility
%
%
%
%
Change
-1.83%
+7.08%
-3.70%
-62.30%

NEST Protocol information

NEST to PHP market statistics

NEST/PHP:
₱0.02259
NEST 24h volume:
₱14,498,639.42
NEST market cap:
₱65,772,948.75
NEST circulating supply:
2.91B NEST

Current NEST to PHP exchange rate

NEST Protocol to Philippine Peso is rising this week.
NEST Protocol's current market price is ₱0.02259 per NEST, with a total market cap of ₱65,772,948.75 PHP based on a circulating supply of 2,911,744,000 NEST. The trading volume of NEST Protocol has changed by +1.84% (₱262,038.87 PHP) in the last 24 hours. Last trading day, NEST's trading volume was ₱14,236,600.55.

More info about NEST Protocol on Bitget

Philippine Peso information

About the Philippine Peso (PHP)

What Is the Philippine Peso (PHP)?

The Philippine Peso, denoted as PHP (₱), is the official currency of the Philippines. It's subdivided into 100 centavos or sentimos in Filipino. The currency symbol is ₱, and it's also commonly abbreviated as "PHP," "PhP," "Php," or simply "P." The Philippine Peso is the sole legal tender in the Philippines, and it is used for all transactions within the country.

The Philippine Peso is issued by the Bangko Sentral ng Pilipinas (BSP), which is the central bank of the Philippines. Established on July 3, 1993, the BSP is responsible for maintaining price stability, ensuring the liquidity and solvency of the financial system, and promoting a balanced and sustainable economic growth in the country.

What Is the History of PHP?

The origins of the Philippine Peso trace back to the Spanish Peso or pieces of eight, introduced in the Philippines via the Manila galleons from the 16th to the 19th century. The pre-colonial Philippines engaged in barter trade, but the inconvenience led to the use of gold, which was abundant in the islands, as a medium of exchange. The earliest known local currency was the "Piloncitos" and gold barter rings.

During the Spanish Colonial period, the Spanish Dollar or silver peso was introduced. The Philippines also minted its own coins, such as the crude copper or bronze coins called "cuartos" or "barrillas." The Spanish gold onza and silver peso established a bimetallic standard, with the peso being worth either the silver Mexican peso or 1/16th of the gold onza.

Post-independence, the Philippines saw various currency reforms, including the introduction of the Central Bank of the Philippines in 1949 and the shift to a free-floating currency system with the New Central Bank Act of 1993.

Notes and Coins of PHP

Today, the Philippine Peso is available in both coins and banknotes. Coins come in denominations of 1, 5, 10, and 25 centavos, and 1, 5, 10, and 20 pesos. Banknotes are issued in 20, 50, 100, 200, 500, and 1,000 pesos. The latest banknote designs feature prominent Filipinos and iconic natural wonders. The BSP produces the country's banknotes and coins at its Security Plant Complex, which is located in Quezon City.

Exchange Rate and Economic Implications

The PHP has experienced fluctuations in its exchange rate, particularly against the US dollar (USD). Historically, it has ranged from below 48 PHP to over 56 PHP per USD. The exchange rate is influenced by various factors, including the Philippines' economic performance, trade balances, and global economic conditions.

Is the Philippine Peso Pegged to the US Dollar?

The Philippine Peso (PHP) currently operates under a floating exchange rate system and is not pegged to the US Dollar (USD). Historically, the PHP was pegged to the USD during the American colonial era and the post-World War II period. However, this changed following significant economic reforms, particularly after the enactment of the New Central Bank Act of 1993, which established the Bangko Sentral ng Pilipinas (BSP). Under the floating exchange rate regime, the value of the PHP is determined by market forces, including factors such as economic performance, inflation, and trade balances. While the BSP may intervene to manage excessive volatility in the currency market, it does not maintain a fixed exchange rate against the USD.

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

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How to convert NEST to PHP

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Bitget P2P trading does not currently support direct buying of NEST with PHP. However, you can buy USDT in Bitget P2P trading first, and then buy NEST with USDT via Bitget spot market.
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NEST to PHP Conversion tables

The exchange rate of NEST Protocol is decreasing.
The exchange rate of 1 NEST to Philippine Peso has changed by +7.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.83%, reaching a high of 0.02305 PHP and a low of 0.02143 PHP . One month ago, the value of 1 NEST was ₱0.02346 PHP , which represents a -3.70% change from its current value. Over the last year, NEST Protocol has changed by
-
0.1328PHP
, resulting in a change of -85.47% in its value.
24 hours ago1 month ago1 year ago
Amount19:52 today24 hours ago24h change
0.5 NEST₱0.01129₱0.01151
-1.83%
1 NEST₱0.02259₱0.02301
-1.83%
5 NEST₱0.1129₱0.1151
-1.83%
10 NEST₱0.2259₱0.2301
-1.83%
50 NEST₱1.13₱1.15
-1.83%
100 NEST₱2.26₱2.3
-1.83%
500 NEST₱11.29₱11.51
-1.83%
1000 NEST₱22.59₱23.01
-1.83%

NEST to PHP FAQ

How much is 1 NEST Protocol in PHP?
Right now, the price of 1 NEST Protocol (NEST) in Philippine Peso (PHP) is ₱0.02259.
How much NEST can I buy for 1 PHP?
Based on the current exchange rate, you can get 44.27 NEST for 1 PHP.
How do I calculate or convert NEST to PHP?
You can use our NEST to PHP calculator at the top of this page to convert any amount of NEST to PHP. We've also included quick-reference tables for the most popular conversions. For example, 5 PHP is equivalent to 221.35 NEST, while 5 NEST will cost around 0.1129PHP.
What is the highest price of NEST/PHP in history?
The all-time high price of 1 NEST in PHP is ₱13.35. It remains to be seen if the value of 1 NEST/PHP will exceed the current all-time high.
What is the price trend of NEST Protocol in PHP?
Over the past 7 days, the exchange rate of NEST Protocol (NEST) has gone up by 7.08%.   Over the last month, the exchange rate of NEST Protocol (NEST) has gone down by 3.70% against Philippine Peso (PHP).

What factors influence the conversion rate of NEST to PHP?

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

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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.