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GRV to PEN Converter and calculator

GRV/PEN: 1 GRV = 0.01718 PEN. The price of converting 1 Grove Coin (GRV) to Peruvian Sol (PEN) is 0.01718 PEN today.
GRV
GRV
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GRV to PEN real-time exchange rates, making it easy to convert Grove Coin (GRV) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 GRV is currently valued at 0.01718 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GRV is currently valued at 0.01718 PEN, which means buying 5 GRV would cost 0.08589 PEN. Similarly, S/.1 PEN can be converted to 58.22 GRV, and S/.50 PEN can be converted to 291.08 GRV, excluding any platform or gas fees.

Convert GRV to PEN

Convert PEN to GRV

Grove Coin
Peruvian Sol
1 GRV
0.01718  PEN
Exchange 1 GRV for 0.01718 PEN
2 GRV
0.03436  PEN
Exchange 2 GRV for 0.03436 PEN
5 GRV
0.08589  PEN
Exchange 5 GRV for 0.08589 PEN
10 GRV
0.1718  PEN
Exchange 10 GRV for 0.1718 PEN
20 GRV
0.3436  PEN
Exchange 20 GRV for 0.3436 PEN
50 GRV
0.8589  PEN
Exchange 50 GRV for 0.8589 PEN
100 GRV
1.72  PEN
Exchange 100 GRV for 1.72 PEN
200 GRV
3.44  PEN
Exchange 200 GRV for 3.44 PEN
500 GRV
8.59  PEN
Exchange 500 GRV for 8.59 PEN
1000 GRV
17.18  PEN
Exchange 1000 GRV for 17.18 PEN
5000 GRV
85.89  PEN
Exchange 5000 GRV for 85.89 PEN
10000 GRV
171.78  PEN
Exchange 10000 GRV for 171.78 PEN
In the table above, you'll find a comprehensive GRV to PEN converter that shows the value of Grove Coin in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 GRV to PEN, all the way up to 10000 GRV, providing a clear view of their respective values.
Peruvian Sol
Grove Coin
1 PEN
58.22 GRV
Exchange 1 PEN for 58.22 GRV
10 PEN
582.15 GRV
Exchange 10 PEN for 582.15 GRV
50 PEN
2,910.77 GRV
Exchange 50 PEN for 2,910.77 GRV
100 PEN
5,821.55 GRV
Exchange 100 PEN for 5,821.55 GRV
200 PEN
11,643.1 GRV
Exchange 200 PEN for 11,643.1 GRV
500 PEN
29,107.74 GRV
Exchange 500 PEN for 29,107.74 GRV
1000 PEN
58,215.49 GRV
Exchange 1000 PEN for 58,215.49 GRV
2000 PEN
116,430.98 GRV
Exchange 2000 PEN for 116,430.98 GRV
5000 PEN
291,077.44 GRV
Exchange 5000 PEN for 291,077.44 GRV
10000 PEN
582,154.88 GRV
Exchange 10000 PEN for 582,154.88 GRV
50000 PEN
2,910,774.41 GRV
Exchange 50000 PEN for 2,910,774.41 GRV
100000 PEN
5,821,548.81 GRV
Exchange 100000 PEN for 5,821,548.81 GRV
In the table above, you'll find a comprehensive PEN to GRV converter that shows the value of Peruvian Sol in Grove Coin across commonly used conversion amounts. The list covers conversions from 1 PEN to GRV, all the way up to 100000 PEN, providing a clear view of their respective values.

GRV to PEN chart

GRV/PEN: 1 GRV = 0.01718 PEN; 2025/09/06 01:36:50
In the past 1D, Grove Coin has changed -2.42% to PEN. Based on the trend and price charts, Grove Coin(GRV) has changed -2.42% to PEN while Peruvian Sol(PEN) has changed % to GRV in the last 24 hours.
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GRV to PEN conversion data: Volatility and price changes of Grove Coin in PEN

The highest Grove Coin price in PEN over the past 7 days was 0.02404 PEN while the lowest Grove Coin price in PEN over the past 7 days was 0.01439 PEN. The relative change between the highs and lows in Grove Coin price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and GRV to PEN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.01853 PEN
0.02404 PEN
0.02500 PEN
0.02500 PEN
Low
0.01439 PEN
0.01439 PEN
0.01262 PEN
0.009983 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-2.42%
-21.16%
+36.69%
+28.72%

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Bitget P2P trading does not currently support direct buying of GRV with PEN. However, you can buy USDT in Bitget P2P trading first, and then buy GRV with USDT via Bitget spot market.
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Grove Coin information

GRV to PEN market statistics

GRV/PEN:
S/.0.01718
GRV 24h volume:
S/.285,794.26
GRV market cap:
S/.1,633,299.7
GRV circulating supply:
95.08M GRV

Current GRV to PEN exchange rate

Grove Coin to Peruvian Sol is falling this week.
Grove Coin's current market price is S/.0.01718 per GRV, with a total market cap of S/.1,633,299.7 PEN based on a circulating supply of 95,083,336 GRV. The trading volume of Grove Coin has changed by -11.47% (S/.-37,034.60 PEN) in the last 24 hours. Last trading day, GRV's trading volume was S/.322,828.86.

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

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How to convert GRV to PEN

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GRV to PEN Conversion tables

The exchange rate of Grove Coin is increasing.
The exchange rate of 1 GRV to Peruvian Sol has changed by -21.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.42%, reaching a high of 0.01853 PEN and a low of 0.01439 PEN . One month ago, the value of 1 GRV was S/.0.01242 PEN , which represents a +36.69% change from its current value. Over the last year, Grove Coin has changed by
-S/.
0.02525PEN
, resulting in a change of -58.76% in its value.
24 hours ago1 month ago1 year ago
Amount 01:36 am today 24 hours ago 24h change
0.5 GRV
S/.0.008589S/.0.008809
-2.42%
1 GRV
S/.0.01718S/.0.01762
-2.42%
5 GRV
S/.0.08589S/.0.08809
-2.42%
10 GRV
S/.0.1718S/.0.1762
-2.42%
50 GRV
S/.0.8589S/.0.8809
-2.42%
100 GRV
S/.1.72S/.1.76
-2.42%
500 GRV
S/.8.59S/.8.81
-2.42%
1000 GRV
S/.17.18S/.17.62
-2.42%

GRV to PEN FAQ

How much is 1 Grove Coin in PEN?
Right now, the price of 1 Grove Coin (GRV) in Peruvian Sol (PEN) is S/.0.01718.
How much GRV can I buy for 1 PEN?
Based on the current exchange rate, you can get 58.22 GRV for 1 PEN.
How do I calculate or convert GRV to PEN?
You can use our GRV to PEN calculator at the top of this page to convert any amount of GRV to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 291.08 GRV, while 5 GRV will cost around 0.08589PEN.
What is the highest price of GRV/PEN in history?
The all-time high price of 1 GRV in PEN is S/.6.26. It remains to be seen if the value of 1 GRV/PEN will exceed the current all-time high.
What is the price trend of Grove Coin in PEN?
Over the past 7 days, the exchange rate of Grove Coin (GRV) has gone down by 21.16%.   Over the last month, the exchange rate of Grove Coin (GRV) has gone up by 36.69% against Peruvian Sol (PEN).

What factors influence the conversion rate of GRV to PEN?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Grove Coin currency pairs: GRV to US Dollar (USD), GRV to Euro (EUR), GRV to Pound Sterling (GBP), GRV to Canadian Dollar (CAD), GRV to Indian Rupee (INR), GRV to Pakistani Rupee (PKR), GRV to Brazilian Real (BRL), GRV to…
The price of Grove Coin in the US is $0.004877 USD. Additionally, Grove Coin’s price is €0.004160 EUR in the eurozone, £0.003610 GBP in the UK, C$0.006748 CAD in Canada, ₹0.4300 INR in India, ₨1.38 PKR in Pakistan, R$0.02641 BRL in Brazil, and more.
The most popular Grove Coin currency pair is the GRV to Peruvian Sol(PEN). The price of 1 Grove Coin (GRV) in Peruvian Sol (PEN) is S/.0.01718.

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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.