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Trove to Peruvian Sol (TROVE to PEN)

TROVE to PEN Converter and calculator

TROVE/PEN: 1 TROVE = 0.0008130 PEN. The price of converting 1 Trove (TROVE) to Peruvian Sol (PEN) is 0.0008130 PEN today.
TROVE
TROVE
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides TROVE to PEN real-time exchange rates, making it easy to convert Trove (TROVE) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 TROVE is currently valued at 0.0008130 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 TROVE is currently valued at 0.0008130 PEN, which means buying 5 TROVE would cost 0.004065 PEN. Similarly, S/.1 PEN can be converted to 1,229.95 TROVE, and S/.50 PEN can be converted to 6,149.75 TROVE, excluding any platform or gas fees.

Convert TROVE to PEN

Convert PEN to TROVE

Trove
Peruvian Sol
1 TROVE
0.0008130  PEN
Exchange 1 TROVE for 0.0008130 PEN
2 TROVE
0.001626  PEN
Exchange 2 TROVE for 0.001626 PEN
5 TROVE
0.004065  PEN
Exchange 5 TROVE for 0.004065 PEN
10 TROVE
0.008130  PEN
Exchange 10 TROVE for 0.008130 PEN
20 TROVE
0.01626  PEN
Exchange 20 TROVE for 0.01626 PEN
50 TROVE
0.04065  PEN
Exchange 50 TROVE for 0.04065 PEN
100 TROVE
0.08130  PEN
Exchange 100 TROVE for 0.08130 PEN
200 TROVE
0.1626  PEN
Exchange 200 TROVE for 0.1626 PEN
500 TROVE
0.4065  PEN
Exchange 500 TROVE for 0.4065 PEN
1000 TROVE
0.8130  PEN
Exchange 1000 TROVE for 0.8130 PEN
5000 TROVE
4.07  PEN
Exchange 5000 TROVE for 4.07 PEN
10000 TROVE
8.13  PEN
Exchange 10000 TROVE for 8.13 PEN
In the table above, you'll find a comprehensive TROVE to PEN converter that shows the value of Trove in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 TROVE to PEN, all the way up to 10000 TROVE, providing a clear view of their respective values.
Peruvian Sol
Trove
1 PEN
1,229.95 TROVE
Exchange 1 PEN for 1,229.95 TROVE
10 PEN
12,299.51 TROVE
Exchange 10 PEN for 12,299.51 TROVE
50 PEN
61,497.54 TROVE
Exchange 50 PEN for 61,497.54 TROVE
100 PEN
122,995.07 TROVE
Exchange 100 PEN for 122,995.07 TROVE
200 PEN
245,990.15 TROVE
Exchange 200 PEN for 245,990.15 TROVE
500 PEN
614,975.37 TROVE
Exchange 500 PEN for 614,975.37 TROVE
1000 PEN
1,229,950.74 TROVE
Exchange 1000 PEN for 1,229,950.74 TROVE
2000 PEN
2,459,901.49 TROVE
Exchange 2000 PEN for 2,459,901.49 TROVE
5000 PEN
6,149,753.72 TROVE
Exchange 5000 PEN for 6,149,753.72 TROVE
10000 PEN
12,299,507.43 TROVE
Exchange 10000 PEN for 12,299,507.43 TROVE
50000 PEN
61,497,537.16 TROVE
Exchange 50000 PEN for 61,497,537.16 TROVE
100000 PEN
122,995,074.33 TROVE
Exchange 100000 PEN for 122,995,074.33 TROVE
In the table above, you'll find a comprehensive PEN to TROVE converter that shows the value of Peruvian Sol in Trove across commonly used conversion amounts. The list covers conversions from 1 PEN to TROVE, all the way up to 100000 PEN, providing a clear view of their respective values.

TROVE to PEN chart

TROVE/PEN: 1 TROVE = 0.0008130 PEN; 2026/01/21 03:22:54
In the past 1D, Trove has changed -19.93% to PEN. Based on the trend and price charts, Trove(TROVE) has changed -19.93% to PEN while Peruvian Sol(PEN) has changed % to TROVE in the last 24 hours.
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TROVE to PEN conversion data: Volatility and price changes of Trove in PEN

The highest Trove price in PEN over the past 7 days was 0.003000 PEN while the lowest Trove price in PEN over the past 7 days was 0.0008824 PEN. The relative change between the highs and lows in Trove price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and TROVE 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
0.003000 PEN
0.003000 PEN
0.003000 PEN
0.003000 PEN
Low
0.0008824 PEN
0.0008824 PEN
0.0008824 PEN
0.0008824 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-19.93%
-10.35%
-23.48%
-34.29%

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Trove information

TROVE to PEN market statistics

TROVE/PEN:
S/.0.0008130
TROVE 24h volume:
S/.1,055,495.48
TROVE market cap:
--
TROVE circulating supply:
0 TROVE

Current TROVE to PEN exchange rate

Trove to Peruvian Sol is rising this week.
Trove's current market price is S/.0.0008130 per TROVE, with a total market cap of S/.0 PEN based on a circulating supply of -- TROVE. The trading volume of Trove has changed by -87.05% (S/.-7,095,111.73 PEN) in the last 24 hours. Last trading day, TROVE's trading volume was S/.8,150,607.21.

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

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How to convert TROVE to PEN

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TROVE to PEN Conversion tables

The exchange rate of Trove is increasing.
The exchange rate of 1 TROVE to Peruvian Sol has changed by -10.35% in the last 7 days. In the last 24 hours, the rate has fluctuated by -19.93%, reaching a high of 0.003000 PEN and a low of 0.0008824 PEN . One month ago, the value of 1 TROVE was S/.-0.{4}4173 PEN , which represents a -23.48% change from its current value. Over the last year, Trove has changed by
+S/.
0.0008528PEN
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount 03:22 am today 24 hours ago 24h change
0.5 TROVE
S/.0.0004065S/.-0.{4}2087
-19.93%
1 TROVE
S/.0.0008130S/.-0.{4}4173
-19.93%
5 TROVE
S/.0.004065S/.-0.0002087
-19.93%
10 TROVE
S/.0.008130S/.-0.0004173
-19.93%
50 TROVE
S/.0.04065S/.-0.002087
-19.93%
100 TROVE
S/.0.08130S/.-0.004173
-19.93%
500 TROVE
S/.0.4065S/.-0.02087
-19.93%
1000 TROVE
S/.0.8130S/.-0.04173
-19.93%

TROVE to PEN FAQ

How much is 1 Trove in PEN?
Right now, the price of 1 Trove (TROVE) in Peruvian Sol (PEN) is S/.0.0008130.
How much TROVE can I buy for 1 PEN?
Based on the current exchange rate, you can get 1,229.95 TROVE for 1 PEN.
How do I calculate or convert TROVE to PEN?
You can use our TROVE to PEN calculator at the top of this page to convert any amount of TROVE to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 6,149.75 TROVE, while 5 TROVE will cost around 0.004065PEN.
What is the highest price of TROVE/PEN in history?
The all-time high price of 1 TROVE in PEN is S/.0.003000. It remains to be seen if the value of 1 TROVE/PEN will exceed the current all-time high.
What is the price trend of Trove in PEN?
Over the past 7 days, the exchange rate of Trove (TROVE) has gone down by 10.35%.   Over the last month, the exchange rate of Trove (TROVE) has gone down by 23.48% against Peruvian Sol (PEN).

What factors influence the conversion rate of TROVE to PEN?

There are many factors that affect the relationship between Trove 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 TROVE/PEN. When there is positive news in the market about the widespread adoption of TROVE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of TROVE/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in TROVE/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 TROVE/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 Trove 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 Trove currency pairs: TROVE to US Dollar (USD), TROVE to Euro (EUR), TROVE to Pound Sterling (GBP), TROVE to Canadian Dollar (CAD), TROVE to Indian Rupee (INR), TROVE to Pakistani Rupee (PKR), TROVE to Brazilian Real (BRL), TROVE to…
The price of Trove in the US is $0.0002421 USD. Additionally, Trove’s price is €0.0002064 EUR in the eurozone, £0.0001799 GBP in the UK, C$0.0003347 CAD in Canada, ₹0.02205 INR in India, ₨0.06776 PKR in Pakistan, R$0.001301 BRL in Brazil, and more.
The most popular Trove currency pair is the TROVE to Peruvian Sol(PEN). The price of 1 Trove (TROVE) in Peruvian Sol (PEN) is S/.0.0008130.

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