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Linear Finance to Philippine Peso Converter and calculator

Convert 1Linear Finance (LINA) to Philippine Peso (PHP) equals ₱ 0.4681 | 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 Linear Finance(LINA) to Philippine Peso(PHP). This is the real-time data. The current conversion shows 1 LINA at a value of 1 LINA for 0.47 PHP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PHP 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.

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

LINA to PHP conversion rate trend

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In the past 1D, Linear Finance has changed -1.47% to PHP. Based on the trend and price charts, Linear Finance(LINA) has changed -1.47% to PHP while Philippine Peso(PHP) has changed % to LINA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₱0.4691
0.0001% / 0.0004%vip-iconVIP
Binance
₱0.4692
0.1000% / 0.1000%
Yes
Huobi
₱0.4697
0.1000% / 0.1000%
Yes
Gate.io
₱0.4691
0.1000% / 0.1000%
Yes
KuCoin
₱0.4690
0.1000% / 0.1000%
Yes
Last updated 2024/05/26 08:00:24(UTC+0)

How to buy Linear Finance

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

What factors influence the conversion rate of Linear Finance to Philippine Peso?

Linear Finance to Philippine Peso is rising this week.
Linear Finance's current market price is ₱ 0.4681 per LINA, with a total market cap of ₱ 2,916,630,713.11 PHP based on a circulating supply of 6,230,626,000 LINA. The trading volume of Linear Finance has changed by -33.63% (₱ -139,273,840.49 PHP) in the last 24 hours. Last trading day, LINA's trading volume was ₱ 414,162,807.22.
Market cap
$50.11M
24h volume
$4.72M
Circulating supply
6.23B LINA

Conversion tables

The exchange rate of Linear Finance is decreasing.
1 LINA is currently valued at ₱ 0.4681 PHP , which means buying 5 LINA will cost ₱ 2.34 PHP . Similarly, ₱1 PHP can be traded for 2.14 LINA, and ₱50 PHP can be converted to 106.81 LINA, excluding any platform or gas fees.
The exchange rate of 1 LINA to Philippine Peso has changed by +3.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.47%, reaching a high of 0.4812 PHP and a low of 0.4671 PHP . One month ago, the value of 1 LINA was ₱ 0.4791 PHP , which represents a -2.29% change from its current value. Over the last year, Linear Finance has changed by
-
0.1664PHP
, resulting in a change of -26.26% in its value.

LINA to PHP

Amount
08:39 am today
0.5 LINA
0.2341
1 LINA
0.4681
5 LINA
2.34
10 LINA
4.68
50 LINA
23.41
100 LINA
46.81
500 LINA
234.06
1000 LINA
468.11

PHP to LINA

Amount08:39 am today
0.5PHP1.07  LINA
1PHP2.14  LINA
5PHP10.68  LINA
10PHP21.36  LINA
50PHP106.81  LINA
100PHP213.62  LINA
500PHP1,068.12  LINA
1000PHP2,136.24  LINA
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Today vs. 24 hours ago

Amount08:39 am today24 hours ago24h change
0.5 LINA$0.004021$0.004081
-1.47%
1 LINA$0.008043$0.008162
-1.47%
5 LINA$0.04021$0.04081
-1.47%
10 LINA$0.08043$0.08162
-1.47%
50 LINA$0.4021$0.4081
-1.47%
100 LINA$0.8043$0.8162
-1.47%
500 LINA$4.02$4.08
-1.47%
1000 LINA$8.04$8.16
-1.47%

Today vs. 1 month ago

Amount08:39 am today1 month ago1M change
0.5 LINA$0.004021$0.004116
-2.29%
1 LINA$0.008043$0.008231
-2.29%
5 LINA$0.04021$0.04116
-2.29%
10 LINA$0.08043$0.08231
-2.29%
50 LINA$0.4021$0.4116
-2.29%
100 LINA$0.8043$0.8231
-2.29%
500 LINA$4.02$4.12
-2.29%
1000 LINA$8.04$8.23
-2.29%
Buy Linear Finance for 1 PHP
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Today vs. 1 year ago

Amount08:39 am today1 year ago1Y change
0.5 LINA$0.004021$0.005451
-26.26%
1 LINA$0.008043$0.01090
-26.26%
5 LINA$0.04021$0.05451
-26.26%
10 LINA$0.08043$0.1090
-26.26%
50 LINA$0.4021$0.5451
-26.26%
100 LINA$0.8043$1.09
-26.26%
500 LINA$4.02$5.45
-26.26%
1000 LINA$8.04$10.9
-26.26%

Linear Finance price prediction

What will the price of LINA be in 2025?

Based on LINA's historical price performance prediction model, the price of LINA is projected to reach $0.01353 in 2025.

What will the price of LINA be in 2030?

In 2030, the LINA price is expected to rise by -4.00%. By the end of 2030, the LINA price is projected to reach $0.01749, with a cumulative ROI of +117.47%.
Buy Linear Finance for 1 PHP
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Buy Linear Finance for 1 PHP
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Buy Linear Finance for 1 PHP
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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.