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HOP to PEN Converter and calculator

HOP/PEN: 1 HOP = 0.02614 PEN. The price of converting 1 Hop Protocol (HOP) to Peruvian Sol (PEN) is 0.02614 PEN today.
HOP
HOP
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides HOP to PEN real-time exchange rates, making it easy to convert Hop Protocol (HOP) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 HOP is currently valued at 0.03 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 HOP is currently valued at 0.03 PEN, which means buying 5 HOP would cost 0.13 PEN. Similarly, S/.1 PEN can be converted to 38.26 HOP, and S/.50 PEN can be converted to 191.31 HOP, excluding any platform or gas fees.

Convert HOP to PEN

Convert PEN to HOP

Hop Protocol
Peruvian Sol
10000 HOP
261.35  PEN
In the table above, you'll find a comprehensive HOP to PEN converter that shows the value of Hop Protocol in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 HOP to PEN, all the way up to 10000 HOP, providing a clear view of their respective values.
Peruvian Sol
Hop Protocol
5000 PEN
191,311.26 HOP
10000 PEN
382,622.52 HOP
50000 PEN
1,913,112.58 HOP
100000 PEN
3,826,225.16 HOP
In the table above, you'll find a comprehensive PEN to HOP converter that shows the value of Peruvian Sol in Hop Protocol across commonly used conversion amounts. The list covers conversions from 1 PEN to HOP, all the way up to 100000 PEN, providing a clear view of their respective values.

HOP to PEN chart

HOP/PEN: 1 HOP = 0.02614 PEN; 2025/04/27 03:33:15
In the past 1D, Hop Protocol has changed +1.10% to PEN. Based on the trend and price charts, Hop Protocol(HOP) has changed +1.10% to PEN while Peruvian Sol(PEN) has changed % to HOP in the last 24 hours.
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HOP to PEN conversion data: Volatility and price changes of Hop Protocol in PEN

The highest Hop Protocol price in PEN over the past 7 days was 0.02785 PEN while the lowest Hop Protocol price in PEN over the past 7 days was 0.02132 PEN. The relative change between the highs and lows in Hop Protocol price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and HOP 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
0.02621 PEN
0.02785 PEN
0.02785 PEN
0.04222 PEN
Low
0.02574 PEN
0.02132 PEN
0.01772 PEN
0.01712 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
+1.10%
+9.55%
+36.92%
-38.15%

Hop Protocol information

HOP to PEN market statistics

HOP/PEN:
S/.0.02614
HOP 24h volume:
S/.22,177.8
HOP market cap:
--
HOP circulating supply:
0 HOP

Current HOP to PEN exchange rate

Hop Protocol to Peruvian Sol is rising this week.
Hop Protocol's current market price is S/.0.02614 per HOP, with a total market cap of S/.0 PEN based on a circulating supply of -- HOP. The trading volume of Hop Protocol has changed by -2.32% (S/.-527.26 PEN) in the last 24 hours. Last trading day, HOP's trading volume was S/.22,705.06.

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

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How to convert HOP to PEN

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HOP to PEN Conversion tables

The exchange rate of Hop Protocol is increasing.
The exchange rate of 1 HOP to Peruvian Sol has changed by +9.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.10%, reaching a high of 0.02621 PEN and a low of 0.02574 PEN . One month ago, the value of 1 HOP was S/.0.01910 PEN , which represents a +36.92% change from its current value. Over the last year, Hop Protocol has changed by
-S/.
0.1241PEN
, resulting in a change of -82.63% in its value.
24 hours ago1 month ago1 year ago
Amount03:33 am today24 hours ago24h change
0.5 HOPS/.0.01307S/.0.01293
+1.10%
1 HOPS/.0.02614S/.0.02585
+1.10%
5 HOPS/.0.1307S/.0.1293
+1.10%
10 HOPS/.0.2614S/.0.2585
+1.10%
50 HOPS/.1.31S/.1.29
+1.10%
100 HOPS/.2.61S/.2.59
+1.10%
500 HOPS/.13.07S/.12.93
+1.10%
1000 HOPS/.26.14S/.25.85
+1.10%

HOP to PEN FAQ

How much is 1 Hop Protocol in PEN?
Right now, the price of 1 Hop Protocol (HOP) in Peruvian Sol (PEN) is S/.0.02614.
How much HOP can I buy for 1 PEN?
Based on the current exchange rate, you can get 38.26 HOP for 1 PEN.
How do I calculate or convert HOP to PEN?
You can use our HOP to PEN calculator at the top of this page to convert any amount of HOP to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 191.31 HOP, while 5 HOP will cost around 0.1307PEN.
What is the highest price of HOP/PEN in history?
The all-time high price of 1 HOP in PEN is S/.1.11. It remains to be seen if the value of 1 HOP/PEN will exceed the current all-time high.
What is the price trend of Hop Protocol in PEN?
Over the past 7 days, the exchange rate of Hop Protocol (HOP) has gone up by 9.55%.   Over the last month, the exchange rate of Hop Protocol (HOP) has gone up by 36.92% against Peruvian Sol (PEN).

What factors influence the conversion rate of HOP to PEN?

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

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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.