Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info READ2N

READ2N to Peruvian Sol Converter and calculator

Convert 1READ2N (RCM) to Peruvian Sol (PEN) equals S/. 1.12 | Bitget
RCM
RCM
swap
PEN
Last updated as of 2025/02/24 13:35:51 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of READ2N(RCM) to Peruvian Sol(PEN). This is the real-time data. The current conversion shows 1 RCM at a value of 1 RCM for 1.12 PEN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PEN 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular READ2N currency pair is the RCM to PEN, with for READ2N's currency code being RCM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PEN.

RCM to PEN conversion rate trend

1D7D1M3M1YAll
Live READ2N (RCM) price chart
loading
In the past 1D, READ2N has changed -3.07% to PEN. Based on the trend and price charts, READ2N(RCM) has changed -3.07% to PEN while Peruvian Sol(PEN) has changed +3.17% to RCM in the last 24 hours.

How to buy READ2N

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
Buy READ2N (RCM)
Use a variety of payment options to buy READ2N on Bitget. We'll show you how.

Buy RCM (or USDT) for PEN (Peruvian Sol) offers

Bitget P2P trading does not currently support direct buying of RCM with PEN. However, you can buy USDT in Bitget P2P trading first, and then buy RCM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
E
Exquisite
44 tradesCompletion rate 100.00%
20 MDL
Amount500 USDT
Limit500 - 10000 MDL
MAIBVictoriabankMoldindconbankMICBPaynet
Buy
N
No_LimiT
46 tradesCompletion rate 100.00%
22.17 MDL
Amount455.66 USDT
Limit200 - 10000 MDL
MAIBVictoriabankMoldindconbankMICBPaynet
Buy
K
KoteykaTrade
22 tradesCompletion rate 100.00%
22.17 MDL
Amount1743.23 USDT
Limit500 - 20000 MDL
MAIBVictoriabankMICBPaynet
Buy
V
Vladimir_Insomnia
5 tradesCompletion rate 100.00%
22.17 MDL
Amount975.57 USDT
Limit500 - 15000 MDL
MAIBPaynet
Buy
K
KrasavchikObmen
890 tradesCompletion rate 99.00%
24 MDL
Amount90.5 USDT
Limit177 - 2172 MDL
MAIB
Buy

Sell RCM (or USDT) for PEN (Peruvian Sol) offers

Bitget P2P trading currently does not support direct selling of RCM to PEN. However, you can first exchange RCM for USDT in the Bitget spot market, and then sell USDT to PEN in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
E
Exquisite
44 tradesCompletion rate 100.00%
20 MDL
Amount500 USDT
Limit500 - 10000 MDL
MAIBVictoriabankMoldindconbankMICBPaynet
Sell
N
No_LimiT
46 tradesCompletion rate 100.00%
22.17 MDL
Amount455.66 USDT
Limit200 - 10000 MDL
MAIBVictoriabankMoldindconbankMICBPaynet
Sell
K
KoteykaTrade
22 tradesCompletion rate 100.00%
22.17 MDL
Amount1743.23 USDT
Limit500 - 20000 MDL
MAIBVictoriabankMICBPaynet
Sell
V
Vladimir_Insomnia
5 tradesCompletion rate 100.00%
22.17 MDL
Amount975.57 USDT
Limit500 - 15000 MDL
MAIBPaynet
Sell
K
KrasavchikObmen
890 tradesCompletion rate 99.00%
24 MDL
Amount90.5 USDT
Limit177 - 2172 MDL
MAIB
Sell

What factors influence the conversion rate of READ2N to Peruvian Sol?

READ2N to Peruvian Sol is falling this week.
READ2N's current market price is S/. 1.12 per RCM, with a total market cap of S/. 0 PEN based on a circulating supply of -- RCM. The trading volume of READ2N has changed by +692.27% (S/. 7,698.39 PEN) in the last 24 hours. Last trading day, RCM's trading volume was S/. 1,112.05.
Market cap
$0
24h volume
$2.40K
Circulating supply
0 RCM
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now

Conversion tables

The exchange rate of READ2N is decreasing.
1 RCM is currently valued at S/. 1.12 PEN , which means buying 5 RCM will cost S/. 5.58 PEN . Similarly, S/.1 PEN can be traded for 0.8956 RCM, and S/.50 PEN can be converted to 44.78 RCM, excluding any platform or gas fees.
The exchange rate of 1 RCM to Peruvian Sol has changed by -5.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.07%, reaching a high of 1.18 PEN and a low of 1.12 PEN . One month ago, the value of 1 RCM was S/. 1.19 PEN , which represents a -6.48% change from its current value. Over the last year, READ2N has changed by
-S/.
0.1973PEN
, resulting in a change of -15.01% in its value.

RCM to PEN

Amount
13:35 today
0.5 RCM
S/.0.5583
1 RCM
S/.1.12
5 RCM
S/.5.58
10 RCM
S/.11.17
50 RCM
S/.55.83
100 RCM
S/.111.66
500 RCM
S/.558.29
1000 RCM
S/.1,116.58

PEN to RCM

Amount13:35 today
0.5PEN0.4478  RCM
1PEN0.8956  RCM
5PEN4.48  RCM
10PEN8.96  RCM
50PEN44.78  RCM
100PEN89.56  RCM
500PEN447.79  RCM
1000PEN895.59  RCM

Today vs. 24 hours ago

Amount13:35 today24 hours ago24h change
0.5 RCM$0.1523$0.1571
-3.07%
1 RCM$0.3046$0.3142
-3.07%
5 RCM$1.52$1.57
-3.07%
10 RCM$3.05$3.14
-3.07%
50 RCM$15.23$15.71
-3.07%
100 RCM$30.46$31.42
-3.07%
500 RCM$152.29$157.11
-3.07%
1000 RCM$304.58$314.23
-3.07%

Today vs. 1 month ago

Amount13:35 today1 month ago1M change
0.5 RCM$0.1523$0.1628
-6.48%
1 RCM$0.3046$0.3257
-6.48%
5 RCM$1.52$1.63
-6.48%
10 RCM$3.05$3.26
-6.48%
50 RCM$15.23$16.28
-6.48%
100 RCM$30.46$32.57
-6.48%
500 RCM$152.29$162.83
-6.48%
1000 RCM$304.58$325.67
-6.48%

Today vs. 1 year ago

Amount13:35 today1 year ago1Y change
0.5 RCM$0.1523$0.1792
-15.01%
1 RCM$0.3046$0.3584
-15.01%
5 RCM$1.52$1.79
-15.01%
10 RCM$3.05$3.58
-15.01%
50 RCM$15.23$17.92
-15.01%
100 RCM$30.46$35.84
-15.01%
500 RCM$152.29$179.19
-15.01%
1000 RCM$304.58$358.39
-15.01%
Bitget Launchpool
Lock to uncover promising new tokens.
Lock now!

READ2N price prediction

What will the price of RCM be in 2026?

Based on RCM's historical price performance prediction model, the price of RCM is projected to reach $0.3799 in 2026.

What will the price of RCM be in 2031?

In 2031, the RCM price is expected to change by +42.00%. By the end of 2031, the RCM price is projected to reach $0.8732, with a cumulative ROI of +186.68%.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
Bitget Launchpool
Lock to uncover promising new tokens.
Lock now!
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

Latest coin listings on Bitget

New listings

FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

How accurate is a cryptocurrency calculator?

Can I trust the results of a cryptocurrency calculator?

Can I use a cryptocurrency calculator for tax purposes?

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

How to sell PI

Bitget lists PI – Buy or sell PI quickly on Bitget!

Trade now
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.