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OneRing to Peruvian Sol (RING to PEN)

RING to PEN Converter and calculator

RING/PEN: 1 RING = 0.001683 PEN. The price of converting 1 OneRing (RING) to Peruvian Sol (PEN) is 0.001683 PEN today.
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RING
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RING to PEN real-time exchange rates, making it easy to convert OneRing (RING) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 RING is currently valued at 0.001683 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RING is currently valued at 0.001683 PEN, which means buying 5 RING would cost 0.008415 PEN. Similarly, S/.1 PEN can be converted to 594.18 RING, and S/.50 PEN can be converted to 2,970.9 RING, excluding any platform or gas fees.

Convert RING to PEN

Convert PEN to RING

OneRing
Peruvian Sol
1 RING
0.001683  PEN
Exchange 1 RING for 0.001683 PEN
2 RING
0.003366  PEN
Exchange 2 RING for 0.003366 PEN
5 RING
0.008415  PEN
Exchange 5 RING for 0.008415 PEN
10 RING
0.01683  PEN
Exchange 10 RING for 0.01683 PEN
20 RING
0.03366  PEN
Exchange 20 RING for 0.03366 PEN
50 RING
0.08415  PEN
Exchange 50 RING for 0.08415 PEN
100 RING
0.1683  PEN
Exchange 100 RING for 0.1683 PEN
200 RING
0.3366  PEN
Exchange 200 RING for 0.3366 PEN
500 RING
0.8415  PEN
Exchange 500 RING for 0.8415 PEN
1000 RING
1.68  PEN
Exchange 1000 RING for 1.68 PEN
5000 RING
8.41  PEN
Exchange 5000 RING for 8.41 PEN
10000 RING
16.83  PEN
Exchange 10000 RING for 16.83 PEN
In the table above, you'll find a comprehensive RING to PEN converter that shows the value of OneRing in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 RING to PEN, all the way up to 10000 RING, providing a clear view of their respective values.
Peruvian Sol
OneRing
1 PEN
594.18 RING
Exchange 1 PEN for 594.18 RING
10 PEN
5,941.8 RING
Exchange 10 PEN for 5,941.8 RING
50 PEN
29,709.02 RING
Exchange 50 PEN for 29,709.02 RING
100 PEN
59,418.03 RING
Exchange 100 PEN for 59,418.03 RING
200 PEN
118,836.06 RING
Exchange 200 PEN for 118,836.06 RING
500 PEN
297,090.16 RING
Exchange 500 PEN for 297,090.16 RING
1000 PEN
594,180.32 RING
Exchange 1000 PEN for 594,180.32 RING
2000 PEN
1,188,360.64 RING
Exchange 2000 PEN for 1,188,360.64 RING
5000 PEN
2,970,901.61 RING
Exchange 5000 PEN for 2,970,901.61 RING
10000 PEN
5,941,803.22 RING
Exchange 10000 PEN for 5,941,803.22 RING
50000 PEN
29,709,016.1 RING
Exchange 50000 PEN for 29,709,016.1 RING
100000 PEN
59,418,032.19 RING
Exchange 100000 PEN for 59,418,032.19 RING
In the table above, you'll find a comprehensive PEN to RING converter that shows the value of Peruvian Sol in OneRing across commonly used conversion amounts. The list covers conversions from 1 PEN to RING, all the way up to 100000 PEN, providing a clear view of their respective values.

RING to PEN chart

RING/PEN: 1 RING = 0.001683 PEN; 2026/02/08 04:28:58
In the past 1D, OneRing has changed +3.48% to PEN. Based on the trend and price charts, OneRing(RING) has changed +3.48% to PEN while Peruvian Sol(PEN) has changed % to RING in the last 24 hours.
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RING to PEN conversion data: Volatility and price changes of in PEN

The highest price in PEN over the past 7 days was 0.001833 PEN while the lowest price in PEN over the past 7 days was 0.001427 PEN. The relative change between the highs and lows in price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and RING 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
0.001690 PEN
0.001833 PEN
0.002616 PEN
0.004074 PEN
Low
0.001542 PEN
0.001427 PEN
0.001427 PEN
0.001427 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
+3.48%
-6.54%
-31.59%
-51.16%

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OneRing information

RING to PEN market statistics

RING/PEN:
S/.0.001683
RING 24h volume:
--
RING market cap:
--
RING circulating supply:
0 RING

Current RING to PEN exchange rate

OneRing to Peruvian Sol is falling this week.
OneRing's current market price is S/.0.001683 per RING, with a total market cap of S/.0 PEN based on a circulating supply of -- RING. The trading volume of OneRing has changed by 0.00% (S/.0 PEN) in the last 24 hours. Last trading day, RING's trading volume was S/.0.

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

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RING to PEN Conversion tables

The exchange rate of OneRing is decreasing.
The exchange rate of 1 RING to Peruvian Sol has changed by -6.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.48%, reaching a high of 0.001690 PEN and a low of 0.001542 PEN . One month ago, the value of 1 RING was S/.0.002460 PEN , which represents a -31.59% change from its current value. Over the last year, OneRing has changed by
-S/.
0.01863PEN
, resulting in a change of -91.72% in its value.
24 hours ago1 month ago1 year ago
Amount 04:28 am today 24 hours ago 24h change
0.5 RING
S/.0.0008415S/.0.0008132
+3.48%
1 RING
S/.0.001683S/.0.001626
+3.48%
5 RING
S/.0.008415S/.0.008132
+3.48%
10 RING
S/.0.01683S/.0.01626
+3.48%
50 RING
S/.0.08415S/.0.08132
+3.48%
100 RING
S/.0.1683S/.0.1626
+3.48%
500 RING
S/.0.8415S/.0.8132
+3.48%
1000 RING
S/.1.68S/.1.63
+3.48%

RING to PEN FAQ

How much is 1 OneRing in PEN?
Right now, the price of 1 OneRing (RING) in Peruvian Sol (PEN) is S/.0.001683.
How much RING can I buy for 1 PEN?
Based on the current exchange rate, you can get 594.18 RING for 1 PEN.
How do I calculate or convert RING to PEN?
You can use our RING to PEN calculator at the top of this page to convert any amount of RING to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 2,970.9 RING, while 5 RING will cost around 0.008415PEN.
What is the highest price of RING/PEN in history?
The all-time high price of 1 RING in PEN is S/.15.95. It remains to be seen if the value of 1 RING/PEN will exceed the current all-time high.
What is the price trend of in PEN?
Over the past 7 days, the exchange rate of OneRing (RING) has gone down by 6.54%.   Over the last month, the exchange rate of OneRing (RING) has gone down by 31.59% against Peruvian Sol (PEN).

What factors influence the conversion rate of RING to PEN?

There are many factors that affect the relationship between OneRing 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 RING/PEN. When there is positive news in the market about the widespread adoption of RING or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RING/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RING/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 RING/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 OneRing 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 OneRing currency pairs: RING to US Dollar (USD), RING to Euro (EUR), RING to Pound Sterling (GBP), RING to Canadian Dollar (CAD), RING to Indian Rupee (INR), RING to Pakistani Rupee (PKR), RING to Brazilian Real (BRL), RING to…
The price of OneRing in the US is $0.0005017 USD. Additionally, OneRing’s price is €0.0004229 EUR in the eurozone, £0.0003665 GBP in the UK, C$0.0006844 CAD in Canada, ₹0.04594 INR in India, ₨0.1413 PKR in Pakistan, R$0.002640 BRL in Brazil, and more.
The most popular OneRing currency pair is the RING to Peruvian Sol(PEN). The price of 1 OneRing (RING) in Peruvian Sol (PEN) is S/.0.001683.

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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.
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