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GYMNET to PEN Converter and calculator

GYMNET/PEN: 1 GYMNET = 0.01882 PEN. The price of converting 1 Gym Network (GYMNET) to Peruvian Sol (PEN) is 0.01882 PEN today.
GYMNET
GYMNET
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GYMNET to PEN real-time exchange rates, making it easy to convert Gym Network (GYMNET) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 GYMNET is currently valued at 0.02 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GYMNET is currently valued at 0.02 PEN, which means buying 5 GYMNET would cost 0.09 PEN. Similarly, S/.1 PEN can be converted to 53.14 GYMNET, and S/.50 PEN can be converted to 265.71 GYMNET, excluding any platform or gas fees.

Convert GYMNET to PEN

Convert PEN to GYMNET

Gym Network
Peruvian Sol
1 GYMNET
0.01882  PEN
2 GYMNET
0.03763  PEN
5 GYMNET
0.09409  PEN
10 GYMNET
0.1882  PEN
20 GYMNET
0.3763  PEN
50 GYMNET
0.9409  PEN
1000 GYMNET
18.82  PEN
5000 GYMNET
94.09  PEN
10000 GYMNET
188.17  PEN
In the table above, you'll find a comprehensive GYMNET to PEN converter that shows the value of Gym Network in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 GYMNET to PEN, all the way up to 10000 GYMNET, providing a clear view of their respective values.
Peruvian Sol
Gym Network
100 PEN
5,314.27 GYMNET
200 PEN
10,628.54 GYMNET
500 PEN
26,571.35 GYMNET
1000 PEN
53,142.69 GYMNET
2000 PEN
106,285.39 GYMNET
5000 PEN
265,713.47 GYMNET
10000 PEN
531,426.93 GYMNET
50000 PEN
2,657,134.67 GYMNET
100000 PEN
5,314,269.34 GYMNET
In the table above, you'll find a comprehensive PEN to GYMNET converter that shows the value of Peruvian Sol in Gym Network across commonly used conversion amounts. The list covers conversions from 1 PEN to GYMNET, all the way up to 100000 PEN, providing a clear view of their respective values.

GYMNET to PEN chart

GYMNET/PEN: 1 GYMNET = 0.01882 PEN; 2025/04/27 03:49:10
In the past 1D, Gym Network has changed -0.16% to PEN. Based on the trend and price charts, Gym Network(GYMNET) has changed -0.16% to PEN while Peruvian Sol(PEN) has changed % to GYMNET in the last 24 hours.
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GYMNET to PEN conversion data: Volatility and price changes of Gym Network in PEN

The highest Gym Network price in PEN over the past 7 days was 0.01996 PEN while the lowest Gym Network price in PEN over the past 7 days was 0.01809 PEN. The relative change between the highs and lows in Gym Network price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and GYMNET to PEN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.01893 PEN
0.01996 PEN
0.02289 PEN
0.03136 PEN
Low
0.01880 PEN
0.01809 PEN
0.01809 PEN
0.01809 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-0.16%
-4.14%
-18.25%
-31.98%

Gym Network information

GYMNET to PEN market statistics

GYMNET/PEN:
S/.0.01882
GYMNET 24h volume:
S/.1,967.64
GYMNET market cap:
--
GYMNET circulating supply:
0 GYMNET

Current GYMNET to PEN exchange rate

Gym Network to Peruvian Sol is falling this week.
Gym Network's current market price is S/.0.01882 per GYMNET, with a total market cap of S/.0 PEN based on a circulating supply of -- GYMNET. The trading volume of Gym Network has changed by -94.61% (S/.-34,566.91 PEN) in the last 24 hours. Last trading day, GYMNET's trading volume was S/.36,534.55.

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

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How to convert GYMNET to PEN

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GYMNET to PEN Conversion tables

The exchange rate of Gym Network is decreasing.
The exchange rate of 1 GYMNET to Peruvian Sol has changed by -4.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.16%, reaching a high of 0.01893 PEN and a low of 0.01880 PEN . One month ago, the value of 1 GYMNET was S/.0.02302 PEN , which represents a -18.25% change from its current value. Over the last year, Gym Network has changed by
-S/.
0.04440PEN
, resulting in a change of -70.23% in its value.
24 hours ago1 month ago1 year ago
Amount03:49 am today24 hours ago24h change
0.5 GYMNETS/.0.009409S/.0.009423
-0.16%
1 GYMNETS/.0.01882S/.0.01885
-0.16%
5 GYMNETS/.0.09409S/.0.09423
-0.16%
10 GYMNETS/.0.1882S/.0.1885
-0.16%
50 GYMNETS/.0.9409S/.0.9423
-0.16%
100 GYMNETS/.1.88S/.1.88
-0.16%
500 GYMNETS/.9.41S/.9.42
-0.16%
1000 GYMNETS/.18.82S/.18.85
-0.16%

GYMNET to PEN FAQ

How much is 1 Gym Network in PEN?
Right now, the price of 1 Gym Network (GYMNET) in Peruvian Sol (PEN) is S/.0.01882.
How much GYMNET can I buy for 1 PEN?
Based on the current exchange rate, you can get 53.14 GYMNET for 1 PEN.
How do I calculate or convert GYMNET to PEN?
You can use our GYMNET to PEN calculator at the top of this page to convert any amount of GYMNET to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 265.71 GYMNET, while 5 GYMNET will cost around 0.09409PEN.
What is the highest price of GYMNET/PEN in history?
The all-time high price of 1 GYMNET in PEN is S/.6.99. It remains to be seen if the value of 1 GYMNET/PEN will exceed the current all-time high.
What is the price trend of Gym Network in PEN?
Over the past 7 days, the exchange rate of Gym Network (GYMNET) has gone down by 4.14%.   Over the last month, the exchange rate of Gym Network (GYMNET) has gone down by 18.25% against Peruvian Sol (PEN).

What factors influence the conversion rate of GYMNET to PEN?

There are many factors that affect the relationship between Gym Network 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 GYMNET/PEN. When there is positive news in the market about the widespread adoption of GYMNET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GYMNET/PEN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GYMNET/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 GYMNET/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 Gym Network and adjust their investment strategies accordingly in the evolving market.

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