USDT/PEN: Convert Tether (USDT) to Peruvian Sol (PEN)
1 Tether equals PEN 3.81 Peruvian Sol
Last update: 9:20 AM, June 21, 2024
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Overview
About Tether (USDT)
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
Resources
How Tether (USDT) and Peruvian Sol (PEN) differ
Tether (USDT) and Peruvian Sol (PEN) are both forms of currency, but they operate in fundamentally different ways. Tether, launched in 2014, is a digital currency platform that aims to facilitate the use of traditional fiat currencies in a digital format. It operates as digital tokens built on several leading blockchains, providing a modern approach to money. Tether's USD₮ token is a digital dollar, pegged 1:1 to the USD, providing a stable and decentralized method of exchanging value. On the other hand, the Peruvian Sol is the traditional fiat currency of Peru, regulated by the Central Reserve Bank of Peru, and its value is determined by market forces in the international foreign exchange market. Unlike Tether, the Peruvian Sol is not pegged to any other currency and is subject to fluctuations in value. While Tether provides a simple way to transact a U.S. dollar equivalent globally via blockchain, transactions with the Peruvian Sol are typically conducted through traditional banking systems.
Tether Markets
Tether is climbing this week.
The current price of Tether is PEN 3.81 per USDT. With a circulating supply of 112,891,354,601.683 USDT, it means that Tether has a total market cap of PEN 430,044,821,830.23. The amount of Tether traded has risen by PEN 37,371,712,100.09 in the last 24 hours, which is a 18.55% increase. Additionally, in the last day, PEN 201,430,637,303.34 worth of USDT has been traded.
€430.0B
€201.4B
112.9B USDT
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FAQ
How much is 1 Tether in PEN?
Right now, 1 Tether is worth about PEN 3.81.
How much USDT could I buy for 1 PEN?
Based on the current rate, you could get 0.26 USDT for 1 PEN.
How much has the price of Tether changed?
Tether price has been declining. Since yesterday, the exchange rate of Tether has decreased. Since last month, the exchange rate of Tether has decreased. Since this time last year, the price of Tether has decreased.
How do I calculate or convert USDT to PEN?
You can use our USDT to PEN calculator at the top of this page to convert any amount of USDT to PEN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 PEN is equivalent to 1.31 USDT. Inversely, 5 USDT will cost about 19.05 PEN.
How can I buy 1 Tether on Coinbase?
Tether is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Tether.
Conversion tables
The exchange rate of Tether is decreasing.
The current value of 1 USDT is PEN 3.81 PEN. In other words, to buy 5 Tether, it would cost you PEN 19.05 PEN. Inversely, PEN 1.00 PEN would allow you to trade for 0.26 USDT while PEN 50.00 PEN would convert to 13.12 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by 0.02%, which means that the the highest exchange rate of 1 USDT to Peruvian Sol was 0.99975 PEN and the lowest 24 hour value was 1 USDT for 0.9987 PEN. This time last month, the value of 1 USDT was PEN 3.81 PEN, which is a 0.05% increase from where it is now. Looking back a year, Tether has changed by PEN 0.00 PEN. That means that in a single year, the value of Tether has shrank by 0.07%.
USDT to PEN
Amount | Today at 9:20 am |
---|---|
0.5 USDT | PEN 1.90 |
1 USDT | PEN 3.81 |
5 USDT | PEN 19.05 |
10 USDT | PEN 38.10 |
50 USDT | PEN 190.48 |
100 USDT | PEN 380.96 |
500 USDT | PEN 1,904.78 |
1,000 USDT | PEN 3,809.56 |
PEN to USDT
Amount | Today at 9:20 am |
---|---|
0.5 PEN | 0.13 USDT |
1 PEN | 0.26 USDT |
5 PEN | 1.31 USDT |
10 PEN | 2.62 USDT |
50 PEN | 13.12 USDT |
100 PEN | 26.25 USDT |
500 PEN | 131.25 USDT |
1,000 PEN | 262.50 USDT |
Today vs. 24 hours ago
Amount | Today at 9:20 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 USDT | PEN 1.90 | PEN 1.91 | -0.02% |
1 USDT | PEN 3.81 | PEN 3.81 | -0.02% |
5 USDT | PEN 19.05 | PEN 19.05 | -0.02% |
10 USDT | PEN 38.10 | PEN 38.10 | -0.02% |
50 USDT | PEN 190.48 | PEN 190.51 | -0.02% |
100 USDT | PEN 380.96 | PEN 381.03 | -0.02% |
500 USDT | PEN 1,904.78 | PEN 1,905.13 | -0.02% |
1,000 USDT | PEN 3,809.56 | PEN 3,810.27 | -0.02% |
Today vs. 1 month ago
Amount | Today at 9:20 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 USDT | PEN 1.90 | PEN 1.91 | -0.05% |
1 USDT | PEN 3.81 | PEN 3.81 | -0.05% |
5 USDT | PEN 19.05 | PEN 19.06 | -0.05% |
10 USDT | PEN 38.10 | PEN 38.11 | -0.05% |
50 USDT | PEN 190.48 | PEN 190.57 | -0.05% |
100 USDT | PEN 380.96 | PEN 381.13 | -0.05% |
500 USDT | PEN 1,904.78 | PEN 1,905.67 | -0.05% |
1,000 USDT | PEN 3,809.56 | PEN 3,811.34 | -0.05% |
Today vs. 1 year ago
Amount | Today at 9:20 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 USDT | PEN 1.90 | PEN 1.91 | -0.07% |
1 USDT | PEN 3.81 | PEN 3.81 | -0.07% |
5 USDT | PEN 19.05 | PEN 19.06 | -0.07% |
10 USDT | PEN 38.10 | PEN 38.12 | -0.07% |
50 USDT | PEN 190.48 | PEN 190.61 | -0.07% |
100 USDT | PEN 380.96 | PEN 381.21 | -0.07% |
500 USDT | PEN 1,904.78 | PEN 1,906.07 | -0.07% |
1,000 USDT | PEN 3,809.56 | PEN 3,812.14 | -0.07% |
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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 Coinbase 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 Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.