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MAN to PEN Converter and calculator

MAN/PEN: 1 MAN = 0.03401 PEN. The price of converting 1 Matrix AI Network (MAN) to Peruvian Sol (PEN) is 0.03401 PEN today.
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MAN
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAN to PEN real-time exchange rates, making it easy to convert Matrix AI Network (MAN) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 MAN is currently valued at 0.03 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAN is currently valued at 0.03 PEN, which means buying 5 MAN would cost 0.17 PEN. Similarly, S/.1 PEN can be converted to 29.41 MAN, and S/.50 PEN can be converted to 147.03 MAN, excluding any platform or gas fees.

Convert MAN to PEN

Convert PEN to MAN

Matrix AI Network
Peruvian Sol
10000 MAN
340.07  PEN
In the table above, you'll find a comprehensive MAN to PEN converter that shows the value of Matrix AI Network in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 MAN to PEN, all the way up to 10000 MAN, providing a clear view of their respective values.
Peruvian Sol
Matrix AI Network
5000 PEN
147,030.46 MAN
10000 PEN
294,060.92 MAN
50000 PEN
1,470,304.59 MAN
100000 PEN
2,940,609.18 MAN
In the table above, you'll find a comprehensive PEN to MAN converter that shows the value of Peruvian Sol in Matrix AI Network across commonly used conversion amounts. The list covers conversions from 1 PEN to MAN, all the way up to 100000 PEN, providing a clear view of their respective values.

MAN to PEN chart

MAN/PEN: 1 MAN = 0.03401 PEN; 2025/04/28 15:13:55
In the past 1D, Matrix AI Network has changed -4.01% to PEN. Based on the trend and price charts, Matrix AI Network(MAN) has changed -4.01% to PEN while Peruvian Sol(PEN) has changed % to MAN in the last 24 hours.
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MAN to PEN conversion data: Volatility and price changes of Matrix AI Network in PEN

The highest Matrix AI Network price in PEN over the past 7 days was 0.03808 PEN while the lowest Matrix AI Network price in PEN over the past 7 days was 0.02937 PEN. The relative change between the highs and lows in Matrix AI Network price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and MAN 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
0.03412 PEN
0.03808 PEN
0.03808 PEN
0.06803 PEN
Low
0.03161 PEN
0.02937 PEN
0.02173 PEN
0.02173 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-4.01%
+8.38%
+7.36%
-50.30%

Matrix AI Network information

MAN to PEN market statistics

MAN/PEN:
S/.0.03401
MAN 24h volume:
S/.489,531.05
MAN market cap:
S/.15,661,766.85
MAN circulating supply:
460.55M MAN

Current MAN to PEN exchange rate

Matrix AI Network to Peruvian Sol is rising this week.
Matrix AI Network's current market price is S/.0.03401 per MAN, with a total market cap of S/.15,661,766.85 PEN based on a circulating supply of 460,551,330 MAN. The trading volume of Matrix AI Network has changed by +14.09% (S/.60,470.88 PEN) in the last 24 hours. Last trading day, MAN's trading volume was S/.429,060.17.

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

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How to convert MAN to PEN

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MAN to PEN Conversion tables

The exchange rate of Matrix AI Network is increasing.
The exchange rate of 1 MAN to Peruvian Sol has changed by +8.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.01%, reaching a high of 0.03412 PEN and a low of 0.03161 PEN . One month ago, the value of 1 MAN was S/.0.03170 PEN , which represents a +7.36% change from its current value. Over the last year, Matrix AI Network has changed by
-S/.
0.09185PEN
, resulting in a change of -73.18% in its value.
24 hours ago1 month ago1 year ago
Amount15:13 today24 hours ago24h change
0.5 MANS/.0.01700S/.0.01771
-4.01%
1 MANS/.0.03401S/.0.03541
-4.01%
5 MANS/.0.1700S/.0.1771
-4.01%
10 MANS/.0.3401S/.0.3541
-4.01%
50 MANS/.1.7S/.1.77
-4.01%
100 MANS/.3.4S/.3.54
-4.01%
500 MANS/.17S/.17.71
-4.01%
1000 MANS/.34.01S/.35.41
-4.01%

MAN to PEN FAQ

How much is 1 Matrix AI Network in PEN?
Right now, the price of 1 Matrix AI Network (MAN) in Peruvian Sol (PEN) is S/.0.03401.
How much MAN can I buy for 1 PEN?
Based on the current exchange rate, you can get 29.41 MAN for 1 PEN.
How do I calculate or convert MAN to PEN?
You can use our MAN to PEN calculator at the top of this page to convert any amount of MAN to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 147.03 MAN, while 5 MAN will cost around 0.1700PEN.
What is the highest price of MAN/PEN in history?
The all-time high price of 1 MAN in PEN is S/.6.57. It remains to be seen if the value of 1 MAN/PEN will exceed the current all-time high.
What is the price trend of Matrix AI Network in PEN?
Over the past 7 days, the exchange rate of Matrix AI Network (MAN) has gone up by 8.38%.   Over the last month, the exchange rate of Matrix AI Network (MAN) has gone up by 7.36% against Peruvian Sol (PEN).

What factors influence the conversion rate of MAN to PEN?

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

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