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base info Liquid Staked ETH

Liquid Staked ETH to Peruvian Sol Converter and calculator

Convert 1Liquid Staked ETH (LSETH) to Peruvian Sol (PEN) equals S/. 13,474.61 | Bitget
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Last updated 2024/12/29 02:13:19 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Liquid Staked ETH(LSETH) to Peruvian Sol(PEN). This is the real-time data. The current conversion shows 1 LSETH at a value of 1 LSETH for 13,474.61 PEN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PEN 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Liquid Staked ETH currency pair is the LSETH to PEN, with for Liquid Staked ETH's currency code being LSETH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PEN.

LSETH to PEN conversion rate trend

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Live Liquid Staked ETH (LSETH) price chart
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In the past 1D, Liquid Staked ETH has changed -0.47% to PEN. Based on the trend and price charts, Liquid Staked ETH(LSETH) has changed -0.47% to PEN while Peruvian Sol(PEN) has changed +0.47% to LSETH in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
S/.13,557.3
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/29 00:35:40(UTC+0)

How to buy Liquid Staked ETH

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Buy Liquid Staked ETH (LSETH)
Use a variety of payment options to buy Liquid Staked ETH on Bitget. We'll show you how.

Buy LSETH (or USDT) for PEN (Peruvian Sol) offers

Bitget P2P trading does not currently support direct buying of LSETH with PEN. However, you can buy USDT in Bitget P2P trading first, and then buy LSETH with USDT via Bitget spot market.
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Low to high
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Sell LSETH (or USDT) for PEN (Peruvian Sol) offers

Bitget P2P trading currently does not support direct selling of LSETH to PEN. However, you can first exchange LSETH for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
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Zero fees
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What factors influence the conversion rate of Liquid Staked ETH to Peruvian Sol?

Liquid Staked ETH to Peruvian Sol is rising this week.
Liquid Staked ETH's current market price is S/. 13,474.61 per LSETH, with a total market cap of S/. 1,327,770,496.28 PEN based on a circulating supply of 98,538.71 LSETH. The trading volume of Liquid Staked ETH has changed by -1.79% (S/. -1,363.74 PEN) in the last 24 hours. Last trading day, LSETH's trading volume was S/. 76,353.21.
Market cap
$354.40M
24h volume
$20.02K
Circulating supply
98.54K LSETH

Conversion tables

The exchange rate of Liquid Staked ETH is decreasing.
1 LSETH is currently valued at S/. 13,474.61 PEN , which means buying 5 LSETH will cost S/. 67,373.04 PEN . Similarly, S/.1 PEN can be traded for 0.{4}7421 LSETH, and S/.50 PEN can be converted to 0.003711 LSETH, excluding any platform or gas fees.
The exchange rate of 1 LSETH to Peruvian Sol has changed by +1.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.47%, reaching a high of 13,952.41 PEN and a low of 13,664.39 PEN . One month ago, the value of 1 LSETH was S/. 14,681.96 PEN , which represents a -8.12% change from its current value. Over the last year, Liquid Staked ETH has changed by
+S/.
2,856.58PEN
, resulting in a change of +93.53% in its value.

LSETH to PEN

Amount
02:13 am today
0.5 LSETH
S/.6,737.3
1 LSETH
S/.13,474.61
5 LSETH
S/.67,373.04
10 LSETH
S/.134,746.08
50 LSETH
S/.673,730.42
100 LSETH
S/.1,347,460.83
500 LSETH
S/.6,737,304.16
1000 LSETH
S/.13,474,608.33

PEN to LSETH

Amount02:13 am today
0.5PEN0.{4}3711  LSETH
1PEN0.{4}7421  LSETH
5PEN0.0003711  LSETH
10PEN0.0007421  LSETH
50PEN0.003711  LSETH
100PEN0.007421  LSETH
500PEN0.03711  LSETH
1000PEN0.07421  LSETH

Today vs. 24 hours ago

Amount02:13 am today24 hours ago24h change
0.5 LSETH$1,798.29$1,806.87
-0.47%
1 LSETH$3,596.59$3,613.73
-0.47%
5 LSETH$17,982.93$18,068.65
-0.47%
10 LSETH$35,965.86$36,137.31
-0.47%
50 LSETH$179,829.29$180,686.52
-0.47%
100 LSETH$359,658.57$361,373.05
-0.47%
500 LSETH$1,798,292.85$1,806,865.25
-0.47%
1000 LSETH$3,596,585.7$3,613,730.5
-0.47%

Today vs. 1 month ago

Amount02:13 am today1 month ago1M change
0.5 LSETH$1,798.29$1,959.42
-8.12%
1 LSETH$3,596.59$3,918.85
-8.12%
5 LSETH$17,982.93$19,594.24
-8.12%
10 LSETH$35,965.86$39,188.48
-8.12%
50 LSETH$179,829.29$195,942.38
-8.12%
100 LSETH$359,658.57$391,884.77
-8.12%
500 LSETH$1,798,292.85$1,959,423.85
-8.12%
1000 LSETH$3,596,585.7$3,918,847.7
-8.12%

Today vs. 1 year ago

Amount02:13 am today1 year ago1Y change
0.5 LSETH$1,798.29$917.06
+93.53%
1 LSETH$3,596.59$1,834.12
+93.53%
5 LSETH$17,982.93$9,170.6
+93.53%
10 LSETH$35,965.86$18,341.19
+93.53%
50 LSETH$179,829.29$91,705.97
+93.53%
100 LSETH$359,658.57$183,411.94
+93.53%
500 LSETH$1,798,292.85$917,059.7
+93.53%
1000 LSETH$3,596,585.7$1,834,119.4
+93.53%

Liquid Staked ETH price prediction

What will the price of LSETH be in 2025?

Based on LSETH's historical price performance prediction model, the price of LSETH is projected to reach $5,059.6 in 2025.

What will the price of LSETH be in 2030?

In 2030, the LSETH price is expected to change by -6.00%. By the end of 2030, the LSETH price is projected to reach $9,498.26, with a cumulative ROI of +165.47%.

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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.