Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Gnosis

Gnosis to Peruvian Sol Converter and calculator

Convert 1Gnosis (GNO) to Peruvian Sol (PEN) equals S/. 1,319.24 | Bitget
GNO
GNO
swap
PEN
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Gnosis(GNO) to Peruvian Sol(PEN). This is the real-time data. The current conversion shows 1 GNO at a value of 1 GNO for 1,319.24 PEN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PEN 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.

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

GNO to PEN conversion rate trend

1D7D1M3M1YAll
In the past 1D, Gnosis has changed +12.70% to PEN. Based on the trend and price charts, Gnosis(GNO) has changed +12.70% to PEN while Peruvian Sol(PEN) has changed % to GNO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
S/.1,324.46
0.0001% / 0.0004%vip-iconVIP
Binance
S/.1,324.46
0.1000% / 0.1000%
Yes
Huobi
S/.1,322.78
0.1000% / 0.1000%
Yes
Gate.io
S/.1,323.97
0.1000% / 0.1000%
Yes
Last updated 2024/05/21 14:00:17(UTC+0)

How to buy Gnosis

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Gnosis (GNO)
Use a variety of payment options to buy Gnosis on Bitget. We'll show you how.

What factors influence the conversion rate of Gnosis to Peruvian Sol?

Gnosis to Peruvian Sol is rising this week.
Gnosis's current market price is S/. 1,319.24 per GNO, with a total market cap of S/. 3,416,281,239 PEN based on a circulating supply of 2,589,588 GNO. The trading volume of Gnosis has changed by +23.96% (S/. 18,820,190.64 PEN) in the last 24 hours. Last trading day, GNO's trading volume was S/. 78,539,852.26.
Market cap
$911.81M
24h volume
$25.99M
Circulating supply
2.59M GNO

Conversion tables

The exchange rate of Gnosis is decreasing.
1 GNO is currently valued at S/. 1,319.24 PEN , which means buying 5 GNO will cost S/. 6,596.19 PEN . Similarly, S/.1 PEN can be traded for 0.0007580 GNO, and S/.50 PEN can be converted to 0.03790 GNO, excluding any platform or gas fees.
The exchange rate of 1 GNO to Peruvian Sol has changed by +26.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.70%, reaching a high of 1,349.64 PEN and a low of 1,162.7 PEN . One month ago, the value of 1 GNO was S/. 1,342.2 PEN , which represents a -1.71% change from its current value. Over the last year, Gnosis has changed by
+S/.
141.39PEN
, resulting in a change of +207.90% in its value.

GNO to PEN

Amount
14:12 today
0.5 GNO
S/.659.62
1 GNO
S/.1,319.24
5 GNO
S/.6,596.19
10 GNO
S/.13,192.37
50 GNO
S/.65,961.87
100 GNO
S/.131,923.73
500 GNO
S/.659,618.67
1000 GNO
S/.1,319,237.35

PEN to GNO

Amount14:12 today
0.5PEN0.0003790  GNO
1PEN0.0007580  GNO
5PEN0.003790  GNO
10PEN0.007580  GNO
50PEN0.03790  GNO
100PEN0.07580  GNO
500PEN0.3790  GNO
1000PEN0.7580  GNO
Buy Gnosis for 1 PEN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gnosis now

Today vs. 24 hours ago

Amount14:12 today24 hours ago24h change
0.5 GNO$176.05$156.22
+12.70%
1 GNO$352.11$312.44
+12.70%
5 GNO$1,760.53$1,562.21
+12.70%
10 GNO$3,521.06$3,124.41
+12.70%
50 GNO$17,605.32$15,622.06
+12.70%
100 GNO$35,210.65$31,244.13
+12.70%
500 GNO$176,053.24$156,220.63
+12.70%
1000 GNO$352,106.48$312,441.25
+12.70%

Today vs. 1 month ago

Amount14:12 today1 month ago1M change
0.5 GNO$176.05$179.12
-1.71%
1 GNO$352.11$358.24
-1.71%
5 GNO$1,760.53$1,791.18
-1.71%
10 GNO$3,521.06$3,582.36
-1.71%
50 GNO$17,605.32$17,911.78
-1.71%
100 GNO$35,210.65$35,823.56
-1.71%
500 GNO$176,053.24$179,117.82
-1.71%
1000 GNO$352,106.48$358,235.63
-1.71%
Buy Gnosis for 1 PEN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gnosis now

Today vs. 1 year ago

Amount14:12 today1 year ago1Y change
0.5 GNO$176.05$57.18
+207.90%
1 GNO$352.11$114.37
+207.90%
5 GNO$1,760.53$571.85
+207.90%
10 GNO$3,521.06$1,143.7
+207.90%
50 GNO$17,605.32$5,718.48
+207.90%
100 GNO$35,210.65$11,436.96
+207.90%
500 GNO$176,053.24$57,184.8
+207.90%
1000 GNO$352,106.48$114,369.6
+207.90%

Gnosis price prediction

What will the price of GNO be in 2025?

Based on GNO's historical price performance prediction model, the price of GNO is projected to reach $452.1 in 2025.

What will the price of GNO be in 2030?

In 2030, the GNO price is expected to rise by -15.00%. By the end of 2030, the GNO price is projected to reach $731.77, with a cumulative ROI of +107.83%.
Buy Gnosis for 1 PEN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gnosis now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy Gnosis for 1 PEN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gnosis now
Buy Gnosis for 1 PEN
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gnosis now

FAQ

Buy Gnosis for 1 PEN

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Gnosis now
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.