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base info Gorilla

Gorilla to Peruvian Sol Converter and calculator

Convert 1Gorilla (GORILLA) to Peruvian Sol (PEN) equals S/. 0.01971 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Gorilla(GORILLA) to Peruvian Sol(PEN). This is the real-time data. The current conversion shows 1 GORILLA at a value of 1 GORILLA for 0.02 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.

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

GORILLA to PEN conversion rate trend

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In the past 1D, Gorilla has changed +15.05% to PEN. Based on the trend and price charts, Gorilla(GORILLA) has changed +15.05% to PEN while Peruvian Sol(PEN) has changed % to GORILLA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
S/.0.01971
0.0001% / 0.0004%vip-iconVIP
Gate.io
S/.0.01969
0.1000% / 0.1000%
Yes
Last updated 2024/05/24 02:00:12(UTC+0)

How to buy Gorilla

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Buy Gorilla (GORILLA)
Use a variety of payment options to buy Gorilla on Bitget. We'll show you how.

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

Gorilla to Peruvian Sol is rising this week.
Gorilla's current market price is S/. 0.01971 per GORILLA, with a total market cap of S/. 16,636,766.26 PEN based on a circulating supply of 844,038,700 GORILLA. The trading volume of Gorilla has changed by -73.95% (S/. -9,978,332.69 PEN) in the last 24 hours. Last trading day, GORILLA's trading volume was S/. 13,493,952.66.
Market cap
$4.45M
24h volume
$940.81K
Circulating supply
844.04M GORILLA

Conversion tables

The exchange rate of Gorilla is increasing.
1 GORILLA is currently valued at S/. 0.01971 PEN , which means buying 5 GORILLA will cost S/. 0.09855 PEN . Similarly, S/.1 PEN can be traded for 50.73 GORILLA, and S/.50 PEN can be converted to 2,536.67 GORILLA, excluding any platform or gas fees.
The exchange rate of 1 GORILLA to Peruvian Sol has changed by +46.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +15.05%, reaching a high of 0.02112 PEN and a low of 0.01708 PEN . One month ago, the value of 1 GORILLA was S/. 0.01894 PEN , which represents a +4.05% change from its current value. Over the last year, Gorilla has changed by
+S/.
0.01974PEN
, resulting in a change of --% in its value.

GORILLA to PEN

Amount
02:01 am today
0.5 GORILLA
S/.0.009855
1 GORILLA
S/.0.01971
5 GORILLA
S/.0.09855
10 GORILLA
S/.0.1971
50 GORILLA
S/.0.9855
100 GORILLA
S/.1.97
500 GORILLA
S/.9.86
1000 GORILLA
S/.19.71

PEN to GORILLA

Amount02:01 am today
0.5PEN25.37  GORILLA
1PEN50.73  GORILLA
5PEN253.67  GORILLA
10PEN507.33  GORILLA
50PEN2,536.67  GORILLA
100PEN5,073.33  GORILLA
500PEN25,366.67  GORILLA
1000PEN50,733.34  GORILLA
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Today vs. 24 hours ago

Amount02:01 am today24 hours ago24h change
0.5 GORILLA$0.002637$0.002292
+15.05%
1 GORILLA$0.005275$0.004584
+15.05%
5 GORILLA$0.02637$0.02292
+15.05%
10 GORILLA$0.05275$0.04584
+15.05%
50 GORILLA$0.2637$0.2292
+15.05%
100 GORILLA$0.5275$0.4584
+15.05%
500 GORILLA$2.64$2.29
+15.05%
1000 GORILLA$5.27$4.58
+15.05%

Today vs. 1 month ago

Amount02:01 am today1 month ago1M change
0.5 GORILLA$0.002637$0.002535
+4.05%
1 GORILLA$0.005275$0.005069
+4.05%
5 GORILLA$0.02637$0.02535
+4.05%
10 GORILLA$0.05275$0.05069
+4.05%
50 GORILLA$0.2637$0.2535
+4.05%
100 GORILLA$0.5275$0.5069
+4.05%
500 GORILLA$2.64$2.53
+4.05%
1000 GORILLA$5.27$5.07
+4.05%
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Today vs. 1 year ago

Amount02:01 am today1 year ago1Y change
0.5 GORILLA$0.002637$-0.{5}3660
--
1 GORILLA$0.005275$-0.{5}7320
--
5 GORILLA$0.02637$-0.{4}3660
--
10 GORILLA$0.05275$-0.{4}7320
--
50 GORILLA$0.2637$-0.0003660
--
100 GORILLA$0.5275$-0.0007320
--
500 GORILLA$2.64$-0.003660
--
1000 GORILLA$5.27$-0.007320
--

Gorilla price prediction

What will the price of GORILLA be in 2025?

Based on GORILLA's historical price performance prediction model, the price of GORILLA is projected to reach $0.007210 in 2025.

What will the price of GORILLA be in 2030?

In 2030, the GORILLA price is expected to rise by +2.00%. By the end of 2030, the GORILLA price is projected to reach $0.01291, with a cumulative ROI of +144.74%.
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