Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

MERL to PEN Converter and calculator

MERL/PEN: 1 MERL = 0.3188 PEN. The price of converting 1 Merlin Chain (MERL) to Peruvian Sol (PEN) is 0.3188 PEN today.
MERL
MERL
PEN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides MERL to PEN real-time exchange rates, making it easy to convert Merlin Chain (MERL) to Peruvian Sol (PEN). The conversion result is based on real-time data. The conversion result shows that 1 MERL is currently valued at 0.32 PEN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MERL is currently valued at 0.32 PEN, which means buying 5 MERL would cost 1.59 PEN. Similarly, S/.1 PEN can be converted to 3.14 MERL, and S/.50 PEN can be converted to 15.68 MERL, excluding any platform or gas fees.

Convert MERL to PEN

Convert PEN to MERL

Merlin Chain
Peruvian Sol
1000 MERL
318.81  PEN
5000 MERL
1,594.07  PEN
10000 MERL
3,188.13  PEN
In the table above, you'll find a comprehensive MERL to PEN converter that shows the value of Merlin Chain in Peruvian Sol across commonly used conversion amounts. The list covers conversions from 1 MERL to PEN, all the way up to 10000 MERL, providing a clear view of their respective values.
Peruvian Sol
Merlin Chain
5000 PEN
15,683.16 MERL
10000 PEN
31,366.31 MERL
50000 PEN
156,831.56 MERL
100000 PEN
313,663.11 MERL
In the table above, you'll find a comprehensive PEN to MERL converter that shows the value of Peruvian Sol in Merlin Chain across commonly used conversion amounts. The list covers conversions from 1 PEN to MERL, all the way up to 100000 PEN, providing a clear view of their respective values.

MERL to PEN chart

MERL/PEN: 1 MERL = 0.3188 PEN; 2025/05/04 01:22:03
In the past 1D, Merlin Chain has changed -10.93% to PEN. Based on the trend and price charts, Merlin Chain(MERL) has changed -10.93% to PEN while Peruvian Sol(PEN) has changed % to MERL in the last 24 hours.
1D7D1M3M1YAll

MERL to PEN conversion data: Volatility and price changes of Merlin Chain in PEN

The highest Merlin Chain price in PEN over the past 7 days was 0.3873 PEN while the lowest Merlin Chain price in PEN over the past 7 days was 0.3174 PEN. The relative change between the highs and lows in Merlin Chain price in PEN over the last 7 days indicates a volatility of %. You can view additional volatility data and MERL 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
0.3617 PEN
0.3873 PEN
0.4460 PEN
0.5322 PEN
Low
0.3174 PEN
0.3174 PEN
0.2620 PEN
0.2620 PEN
Average
0 PEN
0 PEN
0 PEN
0 PEN
Volatility
%
%
%
%
Change
-10.93%
-23.94%
+3.72%
-20.79%

Merlin Chain information

MERL to PEN market statistics

MERL/PEN:
S/.0.3188
MERL 24h volume:
S/.17,379,364.2
MERL market cap:
S/.167,377,031.73
MERL circulating supply:
525.00M MERL

Current MERL to PEN exchange rate

Merlin Chain to Peruvian Sol is falling this week.
Merlin Chain's current market price is S/.0.3188 per MERL, with a total market cap of S/.167,377,031.73 PEN based on a circulating supply of 525,000,000 MERL. The trading volume of Merlin Chain has changed by -18.29% (S/.-3,890,204.03 PEN) in the last 24 hours. Last trading day, MERL's trading volume was S/.21,269,568.23.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 96194.23 USD
popular info ethereum
ETH to USD
1 ETH to 1842.62 USD
popular info ripple
XRP to USD
1 XRP to 2.19 USD
popular info solana
SOL to USD
1 SOL to 146.80 USD
popular info bitcoin
BTC to EUR
1 BTC to 85103.04 EUR
popular info bitcoin
BTC to GBP
1 BTC to 72453.49 GBP
popular info bitcoin
BTC to CAD
1 BTC to 132940.43 CAD
popular info bitcoin
BTC to BRL
1 BTC to 544430.48 BRL
popular info bitcoin
BTC to INR
1 BTC to 8140965.78 INR
popular info pi-network
PI to INR
1 PI to 49.40 INR

Hot promotions

How to convert MERL to PEN

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 MERL to PEN
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy MERL (or USDT) for PEN (Peruvian Sol) offers
Bitget P2P trading does not currently support direct buying of MERL with PEN. However, you can buy USDT in Bitget P2P trading first, and then buy MERL 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 Merlin Chain Converter

popular info New Taiwan dollar
MERL to TWD
1 MERL to NT$2.66 TWD
popular info Chinese Yuan
MERL to CNY
1 MERL to ¥0.6283 CNY
popular info United States Dollar
MERL to USD
1 MERL to $0.08669 USD
popular info Euro
MERL to EUR
1 MERL to €0.07670 EUR
popular info Canadian Dollar
MERL to CAD
1 MERL to C$0.1198 CAD
popular info South Korean Won
MERL to KRW
1 MERL to ₩121.35 KRW
popular info Japanese Yen
MERL to JPY
1 MERL to ¥12.56 JPY
popular info Pound Sterling
MERL to GBP
1 MERL to £0.06530 GBP
popular info Peruvian Sol
MERL to PEN
1 MERL to S/.0.3188 PEN
popular info Brazilian Real
MERL to BRL
1 MERL to R$0.4906 BRL

Popular cryptocurrencies to PEN

other assets New XAI gork
gork to PEN
1 gork to S/.0.1491 PEN
other assets Cardano
ADA to PEN
1 ADA to S/.2.58 PEN
other assets OFFICIAL TRUMP
TRUMP to PEN
1 TRUMP to S/.41.23 PEN
other assets Aergo
AERGO to PEN
1 AERGO to S/.0.6945 PEN
other assets Sign
SIGN to PEN
1 SIGN to S/.0.3306 PEN
other assets Flare
FLR to PEN
1 FLR to S/.0.07127 PEN
other assets AS Roma Fan Token
ASR to PEN
1 ASR to S/.5.14 PEN
other assets ArbDoge AI
AIDOGE to PEN
1 AIDOGE to S/.0.{9}6215 PEN
other assets Solayer
LAYER to PEN
1 LAYER to S/.10.95 PEN
other assets Onyxcoin
XCN to PEN
1 XCN to S/.0.06224 PEN

MERL to PEN Conversion tables

The exchange rate of Merlin Chain is increasing.
The exchange rate of 1 MERL to Peruvian Sol has changed by -23.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.93%, reaching a high of 0.3617 PEN and a low of 0.3174 PEN . One month ago, the value of 1 MERL was S/.0.3074 PEN , which represents a +3.72% change from its current value. Over the last year, Merlin Chain has changed by
-S/.
1.93PEN
, resulting in a change of -85.85% in its value.
24 hours ago1 month ago1 year ago
Amount01:22 am today24 hours ago24h change
0.5 MERLS/.0.1594S/.0.1789
-10.93%
1 MERLS/.0.3188S/.0.3578
-10.93%
5 MERLS/.1.59S/.1.79
-10.93%
10 MERLS/.3.19S/.3.58
-10.93%
50 MERLS/.15.94S/.17.89
-10.93%
100 MERLS/.31.88S/.35.78
-10.93%
500 MERLS/.159.41S/.178.89
-10.93%
1000 MERLS/.318.81S/.357.77
-10.93%

MERL to PEN FAQ

How much is 1 Merlin Chain in PEN?
Right now, the price of 1 Merlin Chain (MERL) in Peruvian Sol (PEN) is S/.0.3188.
How much MERL can I buy for 1 PEN?
Based on the current exchange rate, you can get 3.14 MERL for 1 PEN.
How do I calculate or convert MERL to PEN?
You can use our MERL to PEN calculator at the top of this page to convert any amount of MERL to PEN. We've also included quick-reference tables for the most popular conversions. For example, 5 PEN is equivalent to 15.68 MERL, while 5 MERL will cost around 1.59PEN.
What is the highest price of MERL/PEN in history?
The all-time high price of 1 MERL in PEN is S/.5.69. It remains to be seen if the value of 1 MERL/PEN will exceed the current all-time high.
What is the price trend of Merlin Chain in PEN?
Over the past 7 days, the exchange rate of Merlin Chain (MERL) has gone down by 23.94%.   Over the last month, the exchange rate of Merlin Chain (MERL) has gone up by 3.72% against Peruvian Sol (PEN).

What factors influence the conversion rate of MERL to PEN?

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