Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

OFE to PHP Converter and calculator

OFE/PHP: 1 OFE = 0.07091 PHP. The price of converting 1 Ofero (OFE) to Philippine Peso (PHP) is 0.07091 PHP today.
OFE
OFE
PHP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides OFE to PHP real-time exchange rates, making it easy to convert Ofero (OFE) to Philippine Peso (PHP). The conversion result is based on real-time data. The conversion result shows that 1 OFE is currently valued at 0.07 PHP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OFE is currently valued at 0.07 PHP, which means buying 5 OFE would cost 0.35 PHP. Similarly, ₱1 PHP can be converted to 14.1 OFE, and ₱50 PHP can be converted to 70.51 OFE, excluding any platform or gas fees.

Convert OFE to PHP

Convert PHP to OFE

Ofero
Philippine Peso
10000 OFE
709.14  PHP
In the table above, you'll find a comprehensive OFE to PHP converter that shows the value of Ofero in Philippine Peso across commonly used conversion amounts. The list covers conversions from 1 OFE to PHP, all the way up to 10000 OFE, providing a clear view of their respective values.
Philippine Peso
Ofero
10000 PHP
141,015.22 OFE
50000 PHP
705,076.1 OFE
100000 PHP
1,410,152.21 OFE
In the table above, you'll find a comprehensive PHP to OFE converter that shows the value of Philippine Peso in Ofero across commonly used conversion amounts. The list covers conversions from 1 PHP to OFE, all the way up to 100000 PHP, providing a clear view of their respective values.

OFE to PHP chart

OFE/PHP: 1 OFE = 0.07091 PHP; 2025/05/02 02:17:50
In the past 1D, Ofero has changed +4.15% to PHP. Based on the trend and price charts, Ofero(OFE) has changed +4.15% to PHP while Philippine Peso(PHP) has changed % to OFE in the last 24 hours.
1D7D1M3M1YAll

OFE to PHP conversion data: Volatility and price changes of Ofero in PHP

The highest Ofero price in PHP over the past 7 days was 0.07129 PHP while the lowest Ofero price in PHP over the past 7 days was 0.05735 PHP. The relative change between the highs and lows in Ofero price in PHP over the last 7 days indicates a volatility of %. You can view additional volatility data and OFE to PHP 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
0.07129 PHP
0.07129 PHP
0.07986 PHP
0.08028 PHP
Low
0.06526 PHP
0.05735 PHP
0.04866 PHP
0.02617 PHP
Average
0 PHP
0 PHP
0 PHP
0 PHP
Volatility
%
%
%
%
Change
+4.15%
-9.24%
+4.01%
+56.49%

Ofero information

OFE to PHP market statistics

OFE/PHP:
₱0.07091
OFE 24h volume:
₱18,287.69
OFE market cap:
--
OFE circulating supply:
0 OFE

Current OFE to PHP exchange rate

Ofero to Philippine Peso is falling this week.
Ofero's current market price is ₱0.07091 per OFE, with a total market cap of ₱0 PHP based on a circulating supply of -- OFE. The trading volume of Ofero has changed by -66.72% (₱-36,662.14 PHP) in the last 24 hours. Last trading day, OFE's trading volume was ₱54,949.83.

More info about Ofero on Bitget

Philippine Peso information

About the Philippine Peso (PHP)

What Is the Philippine Peso (PHP)?

The Philippine Peso, denoted as PHP (₱), is the official currency of the Philippines. It's subdivided into 100 centavos or sentimos in Filipino. The currency symbol is ₱, and it's also commonly abbreviated as "PHP," "PhP," "Php," or simply "P." The Philippine Peso is the sole legal tender in the Philippines, and it is used for all transactions within the country.

The Philippine Peso is issued by the Bangko Sentral ng Pilipinas (BSP), which is the central bank of the Philippines. Established on July 3, 1993, the BSP is responsible for maintaining price stability, ensuring the liquidity and solvency of the financial system, and promoting a balanced and sustainable economic growth in the country.

What Is the History of PHP?

The origins of the Philippine Peso trace back to the Spanish Peso or pieces of eight, introduced in the Philippines via the Manila galleons from the 16th to the 19th century. The pre-colonial Philippines engaged in barter trade, but the inconvenience led to the use of gold, which was abundant in the islands, as a medium of exchange. The earliest known local currency was the "Piloncitos" and gold barter rings.

During the Spanish Colonial period, the Spanish Dollar or silver peso was introduced. The Philippines also minted its own coins, such as the crude copper or bronze coins called "cuartos" or "barrillas." The Spanish gold onza and silver peso established a bimetallic standard, with the peso being worth either the silver Mexican peso or 1/16th of the gold onza.

Post-independence, the Philippines saw various currency reforms, including the introduction of the Central Bank of the Philippines in 1949 and the shift to a free-floating currency system with the New Central Bank Act of 1993.

Notes and Coins of PHP

Today, the Philippine Peso is available in both coins and banknotes. Coins come in denominations of 1, 5, 10, and 25 centavos, and 1, 5, 10, and 20 pesos. Banknotes are issued in 20, 50, 100, 200, 500, and 1,000 pesos. The latest banknote designs feature prominent Filipinos and iconic natural wonders. The BSP produces the country's banknotes and coins at its Security Plant Complex, which is located in Quezon City.

Exchange Rate and Economic Implications

The PHP has experienced fluctuations in its exchange rate, particularly against the US dollar (USD). Historically, it has ranged from below 48 PHP to over 56 PHP per USD. The exchange rate is influenced by various factors, including the Philippines' economic performance, trade balances, and global economic conditions.

Is the Philippine Peso Pegged to the US Dollar?

The Philippine Peso (PHP) currently operates under a floating exchange rate system and is not pegged to the US Dollar (USD). Historically, the PHP was pegged to the USD during the American colonial era and the post-World War II period. However, this changed following significant economic reforms, particularly after the enactment of the New Central Bank Act of 1993, which established the Bangko Sentral ng Pilipinas (BSP). Under the floating exchange rate regime, the value of the PHP is determined by market forces, including factors such as economic performance, inflation, and trade balances. While the BSP may intervene to manage excessive volatility in the currency market, it does not maintain a fixed exchange rate against the USD.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 96858.31 USD
popular info ethereum
ETH to USD
1 ETH to 1853.22 USD
popular info ripple
XRP to USD
1 XRP to 2.23 USD
popular info solana
SOL to USD
1 SOL to 150.41 USD
popular info bitcoin
BTC to EUR
1 BTC to 85738.98 EUR
popular info bitcoin
BTC to GBP
1 BTC to 72914.94 GBP
popular info bitcoin
BTC to CAD
1 BTC to 134139.07 CAD
popular info bitcoin
BTC to BRL
1 BTC to 549942.11 BRL
popular info bitcoin
BTC to INR
1 BTC to 8203588.91 INR
popular info pi-network
PI to INR
1 PI to 51.30 INR

Hot promotions

How to convert OFE to PHP

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert OFE to PHP
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy OFE (or USDT) for PHP (Philippine Peso) offers
Bitget P2P trading does not currently support direct buying of OFE with PHP. However, you can buy USDT in Bitget P2P trading first, and then buy OFE with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Ofero Converter

popular info New Taiwan dollar
OFE to TWD
1 OFE to NT$0.04077 TWD
popular info Chinese Yuan
OFE to CNY
1 OFE to ¥0.009230 CNY
popular info Philippine Peso
OFE to PHP
1 OFE to ₱0.07091 PHP
popular info United States Dollar
OFE to USD
1 OFE to $0.001269 USD
popular info Euro
OFE to EUR
1 OFE to €0.001123 EUR
popular info Canadian Dollar
OFE to CAD
1 OFE to C$0.001758 CAD
popular info South Korean Won
OFE to KRW
1 OFE to ₩1.82 KRW
popular info Japanese Yen
OFE to JPY
1 OFE to ¥0.1847 JPY
popular info Pound Sterling
OFE to GBP
1 OFE to £0.0009554 GBP
popular info Brazilian Real
OFE to BRL
1 OFE to R$0.007206 BRL

Popular cryptocurrencies to PHP

other assets Bitcoin
BTC to PHP
1 BTC to ₱5,408,988.38 PHP
other assets Ethereum
ETH to PHP
1 ETH to ₱102,879.79 PHP
other assets CreatorBid
BID to PHP
1 BID to ₱3.25 PHP
other assets Solana
SOL to PHP
1 SOL to ₱8,398.14 PHP
other assets Sui
SUI to PHP
1 SUI to ₱196.82 PHP
other assets Movement
MOVE to PHP
1 MOVE to ₱10.95 PHP
other assets Sonic (prev. FTM)
S to PHP
1 S to ₱31.95 PHP
other assets Litecoin
LTC to PHP
1 LTC to ₱4,996.95 PHP
other assets aixbt
AIXBT to PHP
1 AIXBT to ₱11.81 PHP
other assets Chainlink
LINK to PHP
1 LINK to ₱824.27 PHP

OFE to PHP Conversion tables

The exchange rate of Ofero is increasing.
The exchange rate of 1 OFE to Philippine Peso has changed by -9.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.15%, reaching a high of 0.07129 PHP and a low of 0.06526 PHP . One month ago, the value of 1 OFE was ₱0.06818 PHP , which represents a +4.01% change from its current value. Over the last year, Ofero has changed by
-
0.005653PHP
, resulting in a change of -7.38% in its value.
24 hours ago1 month ago1 year ago
Amount02:17 am today24 hours ago24h change
0.5 OFE₱0.03546₱0.03404
+4.15%
1 OFE₱0.07091₱0.06809
+4.15%
5 OFE₱0.3546₱0.3404
+4.15%
10 OFE₱0.7091₱0.6809
+4.15%
50 OFE₱3.55₱3.4
+4.15%
100 OFE₱7.09₱6.81
+4.15%
500 OFE₱35.46₱34.04
+4.15%
1000 OFE₱70.91₱68.09
+4.15%

OFE to PHP FAQ

How much is 1 Ofero in PHP?
Right now, the price of 1 Ofero (OFE) in Philippine Peso (PHP) is ₱0.07091.
How much OFE can I buy for 1 PHP?
Based on the current exchange rate, you can get 14.1 OFE for 1 PHP.
How do I calculate or convert OFE to PHP?
You can use our OFE to PHP calculator at the top of this page to convert any amount of OFE to PHP. We've also included quick-reference tables for the most popular conversions. For example, 5 PHP is equivalent to 70.51 OFE, while 5 OFE will cost around 0.3546PHP.
What is the highest price of OFE/PHP in history?
The all-time high price of 1 OFE in PHP is ₱2.52. It remains to be seen if the value of 1 OFE/PHP will exceed the current all-time high.
What is the price trend of Ofero in PHP?
Over the past 7 days, the exchange rate of Ofero (OFE) has gone down by 9.24%.   Over the last month, the exchange rate of Ofero (OFE) has gone up by 4.01% against Philippine Peso (PHP).

What factors influence the conversion rate of OFE to PHP?

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

Purchase other cryptocurrencies with similar market cap

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.