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Multiple Network to Peruvian Sol (MTP to PEN)

MTP to PEN Converter and calculator

MTP/PEN: 1 MTP = 0.001728 PEN. The price of converting 1 Multiple Network (MTP) to Peruvian Sol (PEN) is 0.001728 PEN today.
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MTP
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MTP to PEN real-time exchange rates, making it easy to convert Multiple Network (MTP) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 MTP is currently valued at 0.001728 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MTP is currently valued at 0.001728 PEN, which means buying 5 MTP would cost 0.008640 PEN. Similarly, S/.1 PEN can be converted to 578.69 MTP, and S/.50 PEN can be converted to 2,893.44 MTP, excluding any platform or gas fees.

Convert MTP to PEN

Convert PEN to MTP

Multiple Network
Peruvian Sol
1 MTP
0.001728  PEN
Exchange 1 MTP for 0.001728 PEN
2 MTP
0.003456  PEN
Exchange 2 MTP for 0.003456 PEN
5 MTP
0.008640  PEN
Exchange 5 MTP for 0.008640 PEN
10 MTP
0.01728  PEN
Exchange 10 MTP for 0.01728 PEN
20 MTP
0.03456  PEN
Exchange 20 MTP for 0.03456 PEN
50 MTP
0.08640  PEN
Exchange 50 MTP for 0.08640 PEN
100 MTP
0.1728  PEN
Exchange 100 MTP for 0.1728 PEN
200 MTP
0.3456  PEN
Exchange 200 MTP for 0.3456 PEN
500 MTP
0.8640  PEN
Exchange 500 MTP for 0.8640 PEN
1000 MTP
1.73  PEN
Exchange 1000 MTP for 1.73 PEN
5000 MTP
8.64  PEN
Exchange 5000 MTP for 8.64 PEN
10000 MTP
17.28  PEN
Exchange 10000 MTP for 17.28 PEN
In the table above, you'll find a comprehensive MTP to PEN converter that shows the value of Multiple Network in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 MTP to PEN, all the way up to 10000 MTP, providing a clear view of their respective values.
Peruvian Sol
Multiple Network
1 PEN
578.69 MTP
Exchange 1 PEN for 578.69 MTP
10 PEN
5,786.89 MTP
Exchange 10 PEN for 5,786.89 MTP
50 PEN
28,934.44 MTP
Exchange 50 PEN for 28,934.44 MTP
100 PEN
57,868.87 MTP
Exchange 100 PEN for 57,868.87 MTP
200 PEN
115,737.75 MTP
Exchange 200 PEN for 115,737.75 MTP
500 PEN
289,344.37 MTP
Exchange 500 PEN for 289,344.37 MTP
1000 PEN
578,688.74 MTP
Exchange 1000 PEN for 578,688.74 MTP
2000 PEN
1,157,377.48 MTP
Exchange 2000 PEN for 1,157,377.48 MTP
5000 PEN
2,893,443.69 MTP
Exchange 5000 PEN for 2,893,443.69 MTP
10000 PEN
5,786,887.38 MTP
Exchange 10000 PEN for 5,786,887.38 MTP
50000 PEN
28,934,436.92 MTP
Exchange 50000 PEN for 28,934,436.92 MTP
100000 PEN
57,868,873.85 MTP
Exchange 100000 PEN for 57,868,873.85 MTP
In the table above, you'll find a comprehensive PEN to MTP converter that shows the value of Peruvian Sol in Multiple Network across commonly used conversion amounts. The list covers conversions from 1 PEN to MTP, all the way up to 100000 PEN, providing a clear view of their respective values.

MTP to PEN chart

MTP/PEN: 1 MTP = 0.001728 PEN; 2026/01/02 02:42:59
In the past 1D, Multiple Network has changed -1.12% to PEN. Based on the trend and price charts, Multiple Network(MTP) has changed -1.12% to PEN while Peruvian Sol(PEN) has changed % to MTP in the last 24 hours.
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MTP to PEN conversion data: Volatility and price changes of Multiple Network in PEN

The highest Multiple Network price in PEN over the past 7 days was 0.002262 PEN while the lowest Multiple Network price in PEN over the past 7 days was 0.001618 PEN. The relative change between the highs and lows in Multiple Network price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and MTP 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
0.001800 PEN
0.002262 PEN
0.002385 PEN
0.009172 PEN
Low
0.001713 PEN
0.001618 PEN
0.001594 PEN
0.001323 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-1.12%
+5.02%
-2.07%
-73.50%

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Bitget P2P trading does not currently support direct buying of MTP with PEN. However, you can buy USDT in Bitget P2P trading first, and then buy MTP with USDT via Bitget spot market.
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Multiple Network information

MTP to PEN market statistics

MTP/PEN:
S/.0.001728
MTP 24h volume:
S/.833,276.37
MTP market cap:
S/.1,520,679.35
MTP circulating supply:
880.00M MTP

Current MTP to PEN exchange rate

Multiple Network to Peruvian Sol is rising this week.
Multiple Network's current market price is S/.0.001728 per MTP, with a total market cap of S/.1,520,679.35 PEN based on a circulating supply of 880,000,000 MTP. The trading volume of Multiple Network has changed by -3.95% (S/.-34,237.29 PEN) in the last 24 hours. Last trading day, MTP's trading volume was S/.867,513.67.

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

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How to convert MTP to PEN

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MTP to PEN Conversion tables

The exchange rate of Multiple Network is decreasing.
The exchange rate of 1 MTP to Peruvian Sol has changed by +5.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.12%, reaching a high of 0.001800 PEN and a low of 0.001713 PEN . One month ago, the value of 1 MTP was S/.0.001765 PEN , which represents a -2.07% change from its current value. Over the last year, Multiple Network has changed by
+S/.
0.001731PEN
, resulting in a change of -98.74% in its value.
24 hours ago1 month ago1 year ago
Amount 02:42 am today 24 hours ago 24h change
0.5 MTP
S/.0.0008640S/.0.0008739
-1.12%
1 MTP
S/.0.001728S/.0.001748
-1.12%
5 MTP
S/.0.008640S/.0.008739
-1.12%
10 MTP
S/.0.01728S/.0.01748
-1.12%
50 MTP
S/.0.08640S/.0.08739
-1.12%
100 MTP
S/.0.1728S/.0.1748
-1.12%
500 MTP
S/.0.8640S/.0.8739
-1.12%
1000 MTP
S/.1.73S/.1.75
-1.12%

MTP to PEN FAQ

How much is 1 Multiple Network in PEN?
Right now, the price of 1 Multiple Network (MTP) in Peruvian Sol (PEN) is S/.0.001728.
How much MTP can I buy for 1 PEN?
Based on the current exchange rate, you can get 578.69 MTP for 1 PEN.
How do I calculate or convert MTP to PEN?
You can use our MTP to PEN calculator at the top of this page to convert any amount of MTP to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 2,893.44 MTP, while 5 MTP will cost around 0.008640PEN.
What is the highest price of MTP/PEN in history?
The all-time high price of 1 MTP in PEN is S/.0.1923. It remains to be seen if the value of 1 MTP/PEN will exceed the current all-time high.
What is the price trend of Multiple Network in PEN?
Over the past 7 days, the exchange rate of Multiple Network (MTP) has gone up by 5.02%.   Over the last month, the exchange rate of Multiple Network (MTP) has gone down by 2.07% against Peruvian Sol (PEN).

What factors influence the conversion rate of MTP to PEN?

There are many factors that affect the relationship between Multiple Network 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 MTP/PEN. When there is positive news in the market about the widespread adoption of MTP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MTP/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MTP/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 MTP/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 Multiple Network 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 Multiple Network currency pairs: MTP to US Dollar (USD), MTP to Euro (EUR), MTP to Pound Sterling (GBP), MTP to Canadian Dollar (CAD), MTP to Indian Rupee (INR), MTP to Pakistani Rupee (PKR), MTP to Brazilian Real (BRL), MTP to…
The price of Multiple Network in the US is $0.0005134 USD. Additionally, Multiple Network’s price is €0.0004365 EUR in the eurozone, £0.0003806 GBP in the UK, C$0.0007037 CAD in Canada, ₹0.04617 INR in India, ₨0.1439 PKR in Pakistan, R$0.002834 BRL in Brazil, and more.
The most popular Multiple Network currency pair is the MTP to Peruvian Sol(PEN). The price of 1 Multiple Network (MTP) in Peruvian Sol (PEN) is S/.0.001728.

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