Convert and Swap Bitcoin BTC to Peruvian Sol PEN
BTC/PEN: 1 Bitcoin equals PEN 370,914.08 PEN
Last update: 1:21 AM, December 9, 2024
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Bitcoin is climbing this week.
The current price of Bitcoin is PEN 370,914.08 per BTC. With a circulating supply of 19,790,568 BTC, it means that Bitcoin has a total market cap of PEN 7,342,149,336,634.34. The amount of Bitcoin traded has risen by PEN 21,698,404,686.46 in the last 24 hours, which is a 12.14% increase. Additionally, in the last day, PEN 178,706,367,676.32 worth of BTC has been traded.
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About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
Bitcoin (BTC) is a decentralized cryptocurrency that was first described in a 2008 whitepaper by an individual or group of individuals using the pseudonym Satoshi Nakamoto. Launched in January 2009, Bitcoin is a peer-to-peer online currency that enables transactions to occur directly between equal, independent network participants without the need for an intermediary. Bitcoin was created with the intention of allowing online payments to be sent directly from one party to another without going through a financial institution. Bitcoin is the first-ever cryptocurrency to come into actual use and has inspired the development of thousands of competing projects. The entire cryptocurrency market, now worth more than $2 trillion, is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Bitcoin operates on a technology known as blockchain, a decentralized ledger of all transactions that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. Bitcoin transactions are verified by network nodes through cryptography and recorded on the blockchain. Bitcoin mining, the process by which new bitcoins are entered into circulation, involves solving computationally difficult puzzles to discover a new block, which is added to the blockchain. The supply of Bitcoin is limited and will never exceed 21,000,000 coins. New coins are created during the process known as mining, where transactions are added to blocks, which are in turn added to the blockchain.
Bitcoin's most unique advantage is that it was the first cryptocurrency to appear on the market. It has managed to create a global community and has given birth to an entirely new industry of millions of enthusiasts who create, invest in, trade, and use Bitcoin and other cryptocurrencies in their everyday lives. Bitcoin's primary use case is as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. Bitcoin also aims to be a medium of exchange for goods and services, although it is currently used more for the former than the latter.
Bitcoin's original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. This event is now known as “Bitcoin Pizza Day.” Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors.
How Bitcoin and Peruvian Sol differ
Bitcoin (BTC) and Peruvian Sol (PEN) are two distinct forms of currency, each with its unique characteristics. Bitcoin, a decentralized cryptocurrency, operates on a technology known as blockchain, a decentralized ledger of all transactions. It was created with the intention of enabling online payments to be sent directly from one party to another without the need for a financial institution. Bitcoin's supply is limited and will never exceed 21,000,000 coins, with new coins created during the process known as mining. On the other hand, the Peruvian Sol is a traditional fiat currency, regulated by the Central Reserve Bank of Peru. Unlike Bitcoin, the supply of Peruvian Sol is not capped and can be adjusted by the central bank according to economic conditions. While Bitcoin aims to be a medium of exchange for goods and services, it is currently used more as a decentralized store of value. Conversely, the Peruvian Sol is widely used for everyday transactions in Peru. Bitcoin's transactions are verified by network nodes through cryptography and recorded on the blockchain, whereas transactions in Peruvian Sol are facilitated by banks and other financial institutions.
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BTC to Peruvian Sol conversion tables
The exchange rate of Bitcoin is decreasing.
The current value of 1 BTC is PEN 370,914.08 PEN. In other words, to buy 5 Bitcoin, it would cost you PEN 1,854,570.42 PEN. Inversely, PEN 1.00 PEN would allow you to trade for 0.00000270 BTC while PEN 50.00 PEN would convert to 0.00013480 BTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.61%. Meanwhile, in the last 24 hours, the rate has changed by 0.44%, which means that the the highest exchange rate of 1 BTC to Peruvian Sol was PEN 377,654.21 PEN and the lowest 24 hour value was 1 BTC for PEN 367,631.39 PEN. This time last month, the value of 1 BTC was PEN 287,745.42 PEN, which is a 32.52% decrease from where it is now. Looking back a year, Bitcoin has changed by PEN 164,101.07 PEN.
BTC to PEN performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
PEN 373,128.29 PEN | -0.44% | PEN 367,269.51 PEN | 1.61% | PEN 287,745.42 PEN | 32.52% | PEN 164,101.07 PEN | 131.44% |
BTC to PEN
Amount | Today at 1:21 am |
|---|---|
0.5 BTC | PEN 185,457.04 |
1 BTC | PEN 370,914.08 |
5 BTC | PEN 1,854,570.42 |
10 BTC | PEN 3,709,140.84 |
50 BTC | PEN 18,545,704.19 |
100 BTC | PEN 37,091,408.37 |
500 BTC | PEN 185,457,041.86 |
1,000 BTC | PEN 370,914,083.72 |
PEN to BTC
Amount | Today at 1:21 am |
|---|---|
0.5 PEN | 0.00000135 BTC |
1 PEN | 0.00000270 BTC |
5 PEN | 0.000013 BTC |
10 PEN | 0.000027 BTC |
50 PEN | 0.000135 BTC |
100 PEN | 0.000270 BTC |
500 PEN | 0.0013 BTC |
1,000 PEN | 0.0027 BTC |
Today vs. 24 hours ago
Amount | Today at 1:21 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 BTC | PEN 185,457.04 | PEN 186,352.11 | -0.48% |
1 BTC | PEN 370,914.08 | PEN 372,704.23 | -0.48% |
5 BTC | PEN 1,854,570.42 | PEN 1,863,521.14 | -0.48% |
10 BTC | PEN 3,709,140.84 | PEN 3,727,042.28 | -0.48% |
50 BTC | PEN 18,545,704.19 | PEN 18,635,211.41 | -0.48% |
100 BTC | PEN 37,091,408.37 | PEN 37,270,422.81 | -0.48% |
500 BTC | PEN 185,457,041.86 | PEN 186,352,114.07 | -0.48% |
1,000 BTC | PEN 370,914,083.72 | PEN 372,704,228.14 | -0.48% |
Today vs. 1 month ago
Amount | Today at 1:21 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 BTC | PEN 185,457.04 | PEN 142,194.95 | +30.42% |
1 BTC | PEN 370,914.08 | PEN 284,389.90 | +30.42% |
5 BTC | PEN 1,854,570.42 | PEN 1,421,949.52 | +30.42% |
10 BTC | PEN 3,709,140.84 | PEN 2,843,899.03 | +30.42% |
50 BTC | PEN 18,545,704.19 | PEN 14,219,495.15 | +30.42% |
100 BTC | PEN 37,091,408.37 | PEN 28,438,990.31 | +30.42% |
500 BTC | PEN 185,457,041.86 | PEN 142,194,951.53 | +30.42% |
1,000 BTC | PEN 370,914,083.72 | PEN 284,389,903.06 | +30.42% |
Today vs. 1 year ago
Amount | Today at 1:21 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 BTC | PEN 185,457.04 | PEN 81,416.12 | +127.79% |
1 BTC | PEN 370,914.08 | PEN 162,832.23 | +127.79% |
5 BTC | PEN 1,854,570.42 | PEN 814,161.17 | +127.79% |
10 BTC | PEN 3,709,140.84 | PEN 1,628,322.33 | +127.79% |
50 BTC | PEN 18,545,704.19 | PEN 8,141,611.67 | +127.79% |
100 BTC | PEN 37,091,408.37 | PEN 16,283,223.34 | +127.79% |
500 BTC | PEN 185,457,041.86 | PEN 81,416,116.71 | +127.79% |
1,000 BTC | PEN 370,914,083.72 | PEN 162,832,233.41 | +127.79% |
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