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DRX Token to Peruvian Sol (DRX to PEN)

DRX to PEN Converter and calculator

DRX/PEN: 1 DRX = 0.009920 PEN. The price of converting 1 DRX Token (DRX) to Peruvian Sol (PEN) is 0.009920 PEN today.
DRX
DRX
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DRX to PEN real-time exchange rates, making it easy to convert DRX Token (DRX) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 DRX is currently valued at 0.009920 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DRX is currently valued at 0.009920 PEN, which means buying 5 DRX would cost 0.04960 PEN. Similarly, S/.1 PEN can be converted to 100.81 DRX, and S/.50 PEN can be converted to 504.05 DRX, excluding any platform or gas fees.

Convert DRX to PEN

Convert PEN to DRX

DRX Token
Peruvian Sol
1 DRX
0.009920  PEN
Exchange 1 DRX for 0.009920 PEN
2 DRX
0.01984  PEN
Exchange 2 DRX for 0.01984 PEN
5 DRX
0.04960  PEN
Exchange 5 DRX for 0.04960 PEN
10 DRX
0.09920  PEN
Exchange 10 DRX for 0.09920 PEN
20 DRX
0.1984  PEN
Exchange 20 DRX for 0.1984 PEN
50 DRX
0.4960  PEN
Exchange 50 DRX for 0.4960 PEN
100 DRX
0.9920  PEN
Exchange 100 DRX for 0.9920 PEN
200 DRX
1.98  PEN
Exchange 200 DRX for 1.98 PEN
500 DRX
4.96  PEN
Exchange 500 DRX for 4.96 PEN
1000 DRX
9.92  PEN
Exchange 1000 DRX for 9.92 PEN
5000 DRX
49.6  PEN
Exchange 5000 DRX for 49.6 PEN
10000 DRX
99.2  PEN
Exchange 10000 DRX for 99.2 PEN
In the table above, you'll find a comprehensive DRX to PEN converter that shows the value of DRX Token in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 DRX to PEN, all the way up to 10000 DRX, providing a clear view of their respective values.
Peruvian Sol
DRX Token
1 PEN
100.81 DRX
Exchange 1 PEN for 100.81 DRX
10 PEN
1,008.09 DRX
Exchange 10 PEN for 1,008.09 DRX
50 PEN
5,040.46 DRX
Exchange 50 PEN for 5,040.46 DRX
100 PEN
10,080.92 DRX
Exchange 100 PEN for 10,080.92 DRX
200 PEN
20,161.83 DRX
Exchange 200 PEN for 20,161.83 DRX
500 PEN
50,404.59 DRX
Exchange 500 PEN for 50,404.59 DRX
1000 PEN
100,809.17 DRX
Exchange 1000 PEN for 100,809.17 DRX
2000 PEN
201,618.35 DRX
Exchange 2000 PEN for 201,618.35 DRX
5000 PEN
504,045.87 DRX
Exchange 5000 PEN for 504,045.87 DRX
10000 PEN
1,008,091.74 DRX
Exchange 10000 PEN for 1,008,091.74 DRX
50000 PEN
5,040,458.68 DRX
Exchange 50000 PEN for 5,040,458.68 DRX
100000 PEN
10,080,917.37 DRX
Exchange 100000 PEN for 10,080,917.37 DRX
In the table above, you'll find a comprehensive PEN to DRX converter that shows the value of Peruvian Sol in DRX Token across commonly used conversion amounts. The list covers conversions from 1 PEN to DRX, all the way up to 100000 PEN, providing a clear view of their respective values.

DRX to PEN chart

DRX/PEN: 1 DRX = 0.009920 PEN; 2026/01/10 06:10:57
In the past 1D, DRX Token has changed -9.02% to PEN. Based on the trend and price charts, DRX Token(DRX) has changed -9.02% to PEN while Peruvian Sol(PEN) has changed % to DRX in the last 24 hours.
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DRX to PEN conversion data: Volatility and price changes of DRX Token in PEN

The highest DRX Token price in PEN over the past 7 days was 0.01406 PEN while the lowest DRX Token price in PEN over the past 7 days was 0.009730 PEN. The relative change between the highs and lows in DRX Token price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and DRX 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
0.01397 PEN
0.01406 PEN
0.03742 PEN
0.1689 PEN
Low
0.009730 PEN
0.009730 PEN
0.009814 PEN
0.002120 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-9.02%
-28.10%
-74.30%
-93.92%

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DRX Token information

DRX to PEN market statistics

DRX/PEN:
S/.0.009920
DRX 24h volume:
S/.742,074.28
DRX market cap:
S/.6,586,723.73
DRX circulating supply:
664.00M DRX

Current DRX to PEN exchange rate

DRX Token to Peruvian Sol is falling this week.
DRX Token's current market price is S/.0.009920 per DRX, with a total market cap of S/.6,586,723.73 PEN based on a circulating supply of 664,002,200 DRX. The trading volume of DRX Token has changed by +224.69% (S/.513,526.65 PEN) in the last 24 hours. Last trading day, DRX's trading volume was S/.228,547.63.

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

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How to convert DRX to PEN

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DRX to PEN Conversion tables

The exchange rate of DRX Token is decreasing.
The exchange rate of 1 DRX to Peruvian Sol has changed by -28.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.02%, reaching a high of 0.01397 PEN and a low of 0.009730 PEN . One month ago, the value of 1 DRX was S/.0.03902 PEN , which represents a -74.30% change from its current value. Over the last year, DRX Token has changed by
+S/.
0.01007PEN
, resulting in a change of -52.54% in its value.
24 hours ago1 month ago1 year ago
Amount 06:10 am today 24 hours ago 24h change
0.5 DRX
S/.0.004960S/.0.005459
-9.02%
1 DRX
S/.0.009920S/.0.01092
-9.02%
5 DRX
S/.0.04960S/.0.05459
-9.02%
10 DRX
S/.0.09920S/.0.1092
-9.02%
50 DRX
S/.0.4960S/.0.5459
-9.02%
100 DRX
S/.0.9920S/.1.09
-9.02%
500 DRX
S/.4.96S/.5.46
-9.02%
1000 DRX
S/.9.92S/.10.92
-9.02%

DRX to PEN FAQ

How much is 1 DRX Token in PEN?
Right now, the price of 1 DRX Token (DRX) in Peruvian Sol (PEN) is S/.0.009920.
How much DRX can I buy for 1 PEN?
Based on the current exchange rate, you can get 100.81 DRX for 1 PEN.
How do I calculate or convert DRX to PEN?
You can use our DRX to PEN calculator at the top of this page to convert any amount of DRX to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 504.05 DRX, while 5 DRX will cost around 0.04960PEN.
What is the highest price of DRX/PEN in history?
The all-time high price of 1 DRX in PEN is S/.0.2199. It remains to be seen if the value of 1 DRX/PEN will exceed the current all-time high.
What is the price trend of DRX Token in PEN?
Over the past 7 days, the exchange rate of DRX Token (DRX) has gone down by 28.10%.   Over the last month, the exchange rate of DRX Token (DRX) has gone down by 74.30% against Peruvian Sol (PEN).

What factors influence the conversion rate of DRX to PEN?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular DRX Token currency pairs: DRX to US Dollar (USD), DRX to Euro (EUR), DRX to Pound Sterling (GBP), DRX to Canadian Dollar (CAD), DRX to Indian Rupee (INR), DRX to Pakistani Rupee (PKR), DRX to Brazilian Real (BRL), DRX to…
The price of DRX Token in the US is $0.002950 USD. Additionally, DRX Token’s price is €0.002535 EUR in the eurozone, £0.002200 GBP in the UK, C$0.004105 CAD in Canada, ₹0.2663 INR in India, ₨0.8259 PKR in Pakistan, R$0.01585 BRL in Brazil, and more.
The most popular DRX Token currency pair is the DRX to Peruvian Sol(PEN). The price of 1 DRX Token (DRX) in Peruvian Sol (PEN) is S/.0.009920.

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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.
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