Bitget converter provides ML to PEN real-time exchange rates, making it easy to convert Mintlayer (ML) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 ML is currently valued at 0.14 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 ML is currently valued at 0.14 PEN, which means buying 5 ML would cost 0.70 PEN. Similarly, S/.1 PEN can be converted to 7.13 ML, and S/.50 PEN can be converted to 35.65 ML, excluding any platform or gas fees.

Convert ML to PEN

Convert PEN to ML

Mintlayer

Peruvian Sol

1 ML

0.1403 PEN

Exchange 1 ML for 0.1403 PEN

2 ML

0.2805 PEN

Exchange 2 ML for 0.2805 PEN

5 ML

0.7013 PEN

Exchange 5 ML for 0.7013 PEN

10 ML

1.4 PEN

Exchange 10 ML for 1.4 PEN

20 ML

2.81 PEN

Exchange 20 ML for 2.81 PEN

50 ML

7.01 PEN

Exchange 50 ML for 7.01 PEN

100 ML

14.03 PEN

Exchange 100 ML for 14.03 PEN

200 ML

28.05 PEN

Exchange 200 ML for 28.05 PEN

500 ML

70.13 PEN

Exchange 500 ML for 70.13 PEN

1000 ML

140.25 PEN

Exchange 1000 ML for 140.25 PEN

5000 ML

701.27 PEN

Exchange 5000 ML for 701.27 PEN

10000 ML

1,402.55 PEN

Exchange 10000 ML for 1,402.55 PEN

In the table above, you'll find a comprehensive ML to PEN converter that shows the value of Mintlayer in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 ML to PEN, all the way up to 10000 ML, providing a clear view of their respective values.

Peruvian Sol

Mintlayer

1 PEN

7.13 ML

Exchange 1 PEN for 7.13 ML

10 PEN

71.3 ML

Exchange 10 PEN for 71.3 ML

50 PEN

356.49 ML

Exchange 50 PEN for 356.49 ML

100 PEN

712.99 ML

Exchange 100 PEN for 712.99 ML

200 PEN

1,425.97 ML

Exchange 200 PEN for 1,425.97 ML

500 PEN

3,564.94 ML

Exchange 500 PEN for 3,564.94 ML

1000 PEN

7,129.87 ML

Exchange 1000 PEN for 7,129.87 ML

2000 PEN

14,259.75 ML

Exchange 2000 PEN for 14,259.75 ML

5000 PEN

35,649.37 ML

Exchange 5000 PEN for 35,649.37 ML

10000 PEN

71,298.75 ML

Exchange 10000 PEN for 71,298.75 ML

50000 PEN

356,493.73 ML

Exchange 50000 PEN for 356,493.73 ML

100000 PEN

712,987.47 ML

Exchange 100000 PEN for 712,987.47 ML

In the table above, you'll find a comprehensive PEN to ML converter that shows the value of Peruvian Sol in Mintlayer across commonly used conversion amounts. The list covers conversions from 1 PEN to ML, all the way up to 100000 PEN, providing a clear view of their respective values.

ML to PEN chart

ML/PEN: 1 ML = 0.1403 PEN; 2025/04/26 17:23:49

In the past 1D, Mintlayer has changed -0.22% to PEN. Based on the trend and price charts, Mintlayer(ML) has changed -0.22% to PEN while Peruvian Sol(PEN) has changed % to ML in the last 24 hours.

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ML to PEN conversion data: Volatility and price changes of Mintlayer in PEN

The highest Mintlayer price in PEN over the past 7 days was 0.1539 PEN while the lowest Mintlayer price in PEN over the past 7 days was 0.1381 PEN. The relative change between the highs and lows in Mintlayer price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and ML 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	0.1451 PEN	0.1539 PEN	0.1989 PEN	0.3040 PEN
Low	0.1381 PEN	0.1381 PEN	0.1381 PEN	0.1103 PEN
Average	0 PEN	0 PEN	0 PEN	0 PEN
Volatility	%	%	%	%
Change	-0.22%	-8.03%	-23.92%	-29.24%

Mintlayer information

ML to PEN market statistics

ML/PEN:

S/.0.1403

ML 24h volume:

S/.956,563.2

ML market cap:

S/.9,004,171.12

ML circulating supply:

64.20M ML

Current ML to PEN exchange rate

Mintlayer to Peruvian Sol is falling this week.

Mintlayer's current market price is S/.0.1403 per ML, with a total market cap of S/.9,004,171.12 PEN based on a circulating supply of 64,198,610 ML. The trading volume of Mintlayer has changed by +9.81% (S/.85,433.44 PEN) in the last 24 hours. Last trading day, ML's trading volume was S/.871,129.77.

More info about Mintlayer on Bitget

Mintlayer price Mintlayer Price Prediction What is Mintlayer (ML)

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 Mintlayer currency pair is the ML to PEN, with for Mintlayer's currency code being ML. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PEN.

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1 ML to S/.0.1403 PEN

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ML to PEN Conversion tables

The exchange rate of Mintlayer is decreasing.

The exchange rate of 1 ML to Peruvian Sol has changed by -8.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.22%, reaching a high of 0.1451 PEN and a low of 0.1381 PEN . One month ago, the value of 1 ML was S/.0.1844 PEN , which represents a -23.92% change from its current value. Over the last year, Mintlayer has changed by

-S/.

1.1PEN

, resulting in a change of -88.66% in its value.

24 hours ago1 month ago1 year ago

Amount	17:23 today	24 hours ago	24h change
0.5 ML	S/.0.07013	S/.0.07028	-0.22%
1 ML	S/.0.1403	S/.0.1406	-0.22%
5 ML	S/.0.7013	S/.0.7028	-0.22%
10 ML	S/.1.4	S/.1.41	-0.22%
50 ML	S/.7.01	S/.7.03	-0.22%
100 ML	S/.14.03	S/.14.06	-0.22%
500 ML	S/.70.13	S/.70.28	-0.22%
1000 ML	S/.140.25	S/.140.56	-0.22%

ML to PEN FAQ

How much is 1 Mintlayer in PEN?

Right now, the price of 1 Mintlayer (ML) in Peruvian Sol (PEN) is S/.0.1403.

How much ML can I buy for 1 PEN?

Based on the current exchange rate, you can get 7.13 ML for 1 PEN.

How do I calculate or convert ML to PEN?

You can use our ML to PEN calculator at the top of this page to convert any amount of ML to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 35.65 ML, while 5 ML will cost around 0.7013PEN.

What is the highest price of ML/PEN in history?

The all-time high price of 1 ML in PEN is S/.3.64. It remains to be seen if the value of 1 ML/PEN will exceed the current all-time high.

What is the price trend of Mintlayer in PEN?

Over the past 7 days, the exchange rate of Mintlayer (ML) has gone down by 8.03%. Over the last month, the exchange rate of Mintlayer (ML) has gone down by 23.92% against Peruvian Sol (PEN).

What factors influence the conversion rate of ML to PEN?

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

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