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MEDIA to PEN Converter and calculator

MEDIA/PEN: 1 MEDIA = 0.001686 PEN. The price of converting 1 Solmedia (MEDIA) to Peruvian Sol (PEN) is 0.001686 PEN today.
MEDIA
MEDIA
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MEDIA to PEN real-time exchange rates, making it easy to convert Solmedia (MEDIA) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 MEDIA is currently valued at 0.00 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MEDIA is currently valued at 0.00 PEN, which means buying 5 MEDIA would cost 0.01 PEN. Similarly, S/.1 PEN can be converted to 592.97 MEDIA, and S/.50 PEN can be converted to 2,964.83 MEDIA, excluding any platform or gas fees.

Convert MEDIA to PEN

Convert PEN to MEDIA

Solmedia
Peruvian Sol
1 MEDIA
0.001686  PEN
2 MEDIA
0.003373  PEN
5 MEDIA
0.008432  PEN
10 MEDIA
0.01686  PEN
20 MEDIA
0.03373  PEN
50 MEDIA
0.08432  PEN
100 MEDIA
0.1686  PEN
200 MEDIA
0.3373  PEN
500 MEDIA
0.8432  PEN
10000 MEDIA
16.86  PEN
In the table above, you'll find a comprehensive MEDIA to PEN converter that shows the value of Solmedia in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 MEDIA to PEN, all the way up to 10000 MEDIA, providing a clear view of their respective values.
Peruvian Sol
Solmedia
100 PEN
59,296.53 MEDIA
200 PEN
118,593.06 MEDIA
500 PEN
296,482.65 MEDIA
1000 PEN
592,965.31 MEDIA
2000 PEN
1,185,930.61 MEDIA
5000 PEN
2,964,826.53 MEDIA
10000 PEN
5,929,653.06 MEDIA
50000 PEN
29,648,265.31 MEDIA
100000 PEN
59,296,530.62 MEDIA
In the table above, you'll find a comprehensive PEN to MEDIA converter that shows the value of Peruvian Sol in Solmedia across commonly used conversion amounts. The list covers conversions from 1 PEN to MEDIA, all the way up to 100000 PEN, providing a clear view of their respective values.

MEDIA to PEN chart

MEDIA/PEN: 1 MEDIA = 0.001686 PEN; 2025/04/30 02:11:30
In the past 1D, Solmedia has changed -3.09% to PEN. Based on the trend and price charts, Solmedia(MEDIA) has changed -3.09% to PEN while Peruvian Sol(PEN) has changed % to MEDIA in the last 24 hours.
1D7D1M3M1YAll

MEDIA to PEN conversion data: Volatility and price changes of Solmedia in PEN

The highest Solmedia price in PEN over the past 7 days was 0.003030 PEN while the lowest Solmedia price in PEN over the past 7 days was 0.001419 PEN. The relative change between the highs and lows in Solmedia price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and MEDIA 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
0.001771 PEN
0.003030 PEN
0.003873 PEN
0.008101 PEN
Low
0.001644 PEN
0.001419 PEN
0.0005383 PEN
0.0005383 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-3.09%
-36.11%
-24.12%
-73.21%

Solmedia information

MEDIA to PEN market statistics

MEDIA/PEN:
S/.0.001686
MEDIA 24h volume:
S/.847.58
MEDIA market cap:
--
MEDIA circulating supply:
0 MEDIA

Current MEDIA to PEN exchange rate

Solmedia to Peruvian Sol is falling this week.
Solmedia's current market price is S/.0.001686 per MEDIA, with a total market cap of S/.0 PEN based on a circulating supply of -- MEDIA. The trading volume of Solmedia has changed by -83.66% (S/.-4,339.14 PEN) in the last 24 hours. Last trading day, MEDIA's trading volume was S/.5,186.72.

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

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How to convert MEDIA to PEN

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MEDIA to PEN Conversion tables

The exchange rate of Solmedia is decreasing.
The exchange rate of 1 MEDIA to Peruvian Sol has changed by -36.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.09%, reaching a high of 0.001771 PEN and a low of 0.001644 PEN . One month ago, the value of 1 MEDIA was S/.0.002232 PEN , which represents a -24.12% change from its current value. Over the last year, Solmedia has changed by
-S/.
0.06336PEN
, resulting in a change of -97.36% in its value.
24 hours ago1 month ago1 year ago
Amount02:11 am today24 hours ago24h change
0.5 MEDIAS/.0.0008432S/.0.0008706
-3.09%
1 MEDIAS/.0.001686S/.0.001741
-3.09%
5 MEDIAS/.0.008432S/.0.008706
-3.09%
10 MEDIAS/.0.01686S/.0.01741
-3.09%
50 MEDIAS/.0.08432S/.0.08706
-3.09%
100 MEDIAS/.0.1686S/.0.1741
-3.09%
500 MEDIAS/.0.8432S/.0.8706
-3.09%
1000 MEDIAS/.1.69S/.1.74
-3.09%

MEDIA to PEN FAQ

How much is 1 Solmedia in PEN?
Right now, the price of 1 Solmedia (MEDIA) in Peruvian Sol (PEN) is S/.0.001686.
How much MEDIA can I buy for 1 PEN?
Based on the current exchange rate, you can get 592.97 MEDIA for 1 PEN.
How do I calculate or convert MEDIA to PEN?
You can use our MEDIA to PEN calculator at the top of this page to convert any amount of MEDIA to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 2,964.83 MEDIA, while 5 MEDIA will cost around 0.008432PEN.
What is the highest price of MEDIA/PEN in history?
The all-time high price of 1 MEDIA in PEN is S/.0.1694. It remains to be seen if the value of 1 MEDIA/PEN will exceed the current all-time high.
What is the price trend of Solmedia in PEN?
Over the past 7 days, the exchange rate of Solmedia (MEDIA) has gone down by 36.11%.   Over the last month, the exchange rate of Solmedia (MEDIA) has gone down by 24.12% against Peruvian Sol (PEN).

What factors influence the conversion rate of MEDIA to PEN?

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