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RAZE to PEN Converter and calculator

RAZE/PEN: 1 RAZE = 0.001661 PEN. The price of converting 1 Raze Network (RAZE) to Peruvian Sol (PEN) is 0.001661 PEN today.
RAZE
RAZE
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RAZE to PEN real-time exchange rates, making it easy to convert Raze Network (RAZE) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 RAZE is currently valued at 0.00 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAZE is currently valued at 0.00 PEN, which means buying 5 RAZE would cost 0.01 PEN. Similarly, S/.1 PEN can be converted to 601.94 RAZE, and S/.50 PEN can be converted to 3,009.69 RAZE, excluding any platform or gas fees.

Convert RAZE to PEN

Convert PEN to RAZE

Raze Network
Peruvian Sol
10000 RAZE
16.61  PEN
In the table above, you'll find a comprehensive RAZE to PEN converter that shows the value of Raze Network in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 RAZE to PEN, all the way up to 10000 RAZE, providing a clear view of their respective values.
Peruvian Sol
Raze Network
200 PEN
120,387.67 RAZE
500 PEN
300,969.17 RAZE
1000 PEN
601,938.35 RAZE
2000 PEN
1,203,876.69 RAZE
5000 PEN
3,009,691.74 RAZE
10000 PEN
6,019,383.47 RAZE
50000 PEN
30,096,917.36 RAZE
100000 PEN
60,193,834.73 RAZE
In the table above, you'll find a comprehensive PEN to RAZE converter that shows the value of Peruvian Sol in Raze Network across commonly used conversion amounts. The list covers conversions from 1 PEN to RAZE, all the way up to 100000 PEN, providing a clear view of their respective values.

RAZE to PEN chart

RAZE/PEN: 1 RAZE = 0.001661 PEN; 2025/04/27 09:52:26
In the past 1D, Raze Network has changed +1.74% to PEN. Based on the trend and price charts, Raze Network(RAZE) has changed +1.74% to PEN while Peruvian Sol(PEN) has changed % to RAZE in the last 24 hours.
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RAZE to PEN conversion data: Volatility and price changes of Raze Network in PEN

The highest Raze Network price in PEN over the past 7 days was 0.002138 PEN while the lowest Raze Network price in PEN over the past 7 days was 0.001476 PEN. The relative change between the highs and lows in Raze Network price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and RAZE 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
0.001665 PEN
0.002138 PEN
0.002195 PEN
0.003236 PEN
Low
0.001627 PEN
0.001476 PEN
0.001454 PEN
0.001332 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
+1.74%
-15.14%
-15.03%
-38.58%

Raze Network information

RAZE to PEN market statistics

RAZE/PEN:
S/.0.001661
RAZE 24h volume:
S/.143,767.71
RAZE market cap:
S/.197,181.18
RAZE circulating supply:
118.69M RAZE

Current RAZE to PEN exchange rate

Raze Network to Peruvian Sol is falling this week.
Raze Network's current market price is S/.0.001661 per RAZE, with a total market cap of S/.197,181.18 PEN based on a circulating supply of 118,690,910 RAZE. The trading volume of Raze Network has changed by +8.38% (S/.11,121.7 PEN) in the last 24 hours. Last trading day, RAZE's trading volume was S/.132,646.

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

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How to convert RAZE to PEN

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Bitget P2P trading does not currently support direct buying of RAZE with PEN. However, you can buy USDT in Bitget P2P trading first, and then buy RAZE with USDT via Bitget spot market.
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RAZE to PEN Conversion tables

The exchange rate of Raze Network is decreasing.
The exchange rate of 1 RAZE to Peruvian Sol has changed by -15.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.74%, reaching a high of 0.001665 PEN and a low of 0.001627 PEN . One month ago, the value of 1 RAZE was S/.0.001955 PEN , which represents a -15.03% change from its current value. Over the last year, Raze Network has changed by
-S/.
0.005826PEN
, resulting in a change of -77.81% in its value.
24 hours ago1 month ago1 year ago
Amount09:52 am today24 hours ago24h change
0.5 RAZES/.0.0008306S/.0.0008165
+1.74%
1 RAZES/.0.001661S/.0.001633
+1.74%
5 RAZES/.0.008306S/.0.008165
+1.74%
10 RAZES/.0.01661S/.0.01633
+1.74%
50 RAZES/.0.08306S/.0.08165
+1.74%
100 RAZES/.0.1661S/.0.1633
+1.74%
500 RAZES/.0.8306S/.0.8165
+1.74%
1000 RAZES/.1.66S/.1.63
+1.74%

RAZE to PEN FAQ

How much is 1 Raze Network in PEN?
Right now, the price of 1 Raze Network (RAZE) in Peruvian Sol (PEN) is S/.0.001661.
How much RAZE can I buy for 1 PEN?
Based on the current exchange rate, you can get 601.94 RAZE for 1 PEN.
How do I calculate or convert RAZE to PEN?
You can use our RAZE to PEN calculator at the top of this page to convert any amount of RAZE to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 3,009.69 RAZE, while 5 RAZE will cost around 0.008306PEN.
What is the highest price of RAZE/PEN in history?
The all-time high price of 1 RAZE in PEN is S/.5.68. It remains to be seen if the value of 1 RAZE/PEN will exceed the current all-time high.
What is the price trend of Raze Network in PEN?
Over the past 7 days, the exchange rate of Raze Network (RAZE) has gone down by 15.14%.   Over the last month, the exchange rate of Raze Network (RAZE) has gone down by 15.03% against Peruvian Sol (PEN).

What factors influence the conversion rate of RAZE to PEN?

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