Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info Frens of Elon

Frens of Elon to Philippine Peso Converter and calculator

Convert 1Frens of Elon (FRENS) to Philippine Peso (PHP) equals ₱ 0.05599 | Bitget
FRENS
FRENS
swap
PHP
Last updated 2024/12/25 17:36:23 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Frens of Elon(FRENS) to Philippine Peso(PHP). This is the real-time data. The current conversion shows 1 FRENS at a value of 1 FRENS for 0.06 PHP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PHP information

About the Philippine Peso (PHP)

What Is the Philippine Peso (PHP)?

The Philippine Peso, denoted as PHP (₱), is the official currency of the Philippines. It's subdivided into 100 centavos or sentimos in Filipino. The currency symbol is ₱, and it's also commonly abbreviated as "PHP," "PhP," "Php," or simply "P." The Philippine Peso is the sole legal tender in the Philippines, and it is used for all transactions within the country.

The Philippine Peso is issued by the Bangko Sentral ng Pilipinas (BSP), which is the central bank of the Philippines. Established on July 3, 1993, the BSP is responsible for maintaining price stability, ensuring the liquidity and solvency of the financial system, and promoting a balanced and sustainable economic growth in the country.

What Is the History of PHP?

The origins of the Philippine Peso trace back to the Spanish Peso or pieces of eight, introduced in the Philippines via the Manila galleons from the 16th to the 19th century. The pre-colonial Philippines engaged in barter trade, but the inconvenience led to the use of gold, which was abundant in the islands, as a medium of exchange. The earliest known local currency was the "Piloncitos" and gold barter rings.

During the Spanish Colonial period, the Spanish Dollar or silver peso was introduced. The Philippines also minted its own coins, such as the crude copper or bronze coins called "cuartos" or "barrillas." The Spanish gold onza and silver peso established a bimetallic standard, with the peso being worth either the silver Mexican peso or 1/16th of the gold onza.

Post-independence, the Philippines saw various currency reforms, including the introduction of the Central Bank of the Philippines in 1949 and the shift to a free-floating currency system with the New Central Bank Act of 1993.

Notes and Coins of PHP

Today, the Philippine Peso is available in both coins and banknotes. Coins come in denominations of 1, 5, 10, and 25 centavos, and 1, 5, 10, and 20 pesos. Banknotes are issued in 20, 50, 100, 200, 500, and 1,000 pesos. The latest banknote designs feature prominent Filipinos and iconic natural wonders. The BSP produces the country's banknotes and coins at its Security Plant Complex, which is located in Quezon City.

Exchange Rate and Economic Implications

The PHP has experienced fluctuations in its exchange rate, particularly against the US dollar (USD). Historically, it has ranged from below 48 PHP to over 56 PHP per USD. The exchange rate is influenced by various factors, including the Philippines' economic performance, trade balances, and global economic conditions.

Is the Philippine Peso Pegged to the US Dollar?

The Philippine Peso (PHP) currently operates under a floating exchange rate system and is not pegged to the US Dollar (USD). Historically, the PHP was pegged to the USD during the American colonial era and the post-World War II period. However, this changed following significant economic reforms, particularly after the enactment of the New Central Bank Act of 1993, which established the Bangko Sentral ng Pilipinas (BSP). Under the floating exchange rate regime, the value of the PHP is determined by market forces, including factors such as economic performance, inflation, and trade balances. While the BSP may intervene to manage excessive volatility in the currency market, it does not maintain a fixed exchange rate against the USD.

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

FRENS to PHP conversion rate trend

1D7D1M3M1YAll
Live Frens of Elon (FRENS) price chart
loading
In the past 1D, Frens of Elon has changed -1.29% to PHP. Based on the trend and price charts, Frens of Elon(FRENS) has changed -1.29% to PHP while Philippine Peso(PHP) has changed +1.31% to FRENS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₱0.05602
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/25 16:33:12(UTC+0)

How to buy Frens of Elon

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 Frens of Elon (FRENS)
Use a variety of payment options to buy Frens of Elon on Bitget. We'll show you how.

Buy FRENS (or USDT) for PHP (Philippine Peso) offers

Bitget P2P trading does not currently support direct buying of FRENS with PHP. However, you can buy USDT in Bitget P2P trading first, and then buy FRENS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Sell FRENS (or USDT) for PHP (Philippine Peso) offers

Bitget P2P trading currently does not support direct selling of FRENS to PHP. However, you can first exchange FRENS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Frens of Elon to Philippine Peso?

Frens of Elon to Philippine Peso is falling this week.
Frens of Elon's current market price is ₱ 0.05599 per FRENS, with a total market cap of ₱ 0 PHP based on a circulating supply of -- FRENS. The trading volume of Frens of Elon has changed by -36.38% (₱ -119,259.79 PHP) in the last 24 hours. Last trading day, FRENS's trading volume was ₱ 327,774.57.
Market cap
$0
24h volume
$3.55K
Circulating supply
0 FRENS

Conversion tables

The exchange rate of Frens of Elon is increasing.
1 FRENS is currently valued at ₱ 0.05599 PHP , which means buying 5 FRENS will cost ₱ 0.2800 PHP . Similarly, ₱1 PHP can be traded for 17.86 FRENS, and ₱50 PHP can be converted to 893.01 FRENS, excluding any platform or gas fees.
The exchange rate of 1 FRENS to Philippine Peso has changed by -50.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.29%, reaching a high of 0.05737 PHP and a low of 0.05539 PHP . One month ago, the value of 1 FRENS was ₱ 0 PHP , which represents a -78.70% change from its current value. Over the last year, Frens of Elon has changed by
-
0.2096PHP
, resulting in a change of -78.92% in its value.

FRENS to PHP

Amount
17:36 today
0.5 FRENS
0.02800
1 FRENS
0.05599
5 FRENS
0.2800
10 FRENS
0.5599
50 FRENS
2.8
100 FRENS
5.6
500 FRENS
28
1000 FRENS
55.99

PHP to FRENS

Amount17:36 today
0.5PHP8.93  FRENS
1PHP17.86  FRENS
5PHP89.3  FRENS
10PHP178.6  FRENS
50PHP893.01  FRENS
100PHP1,786.01  FRENS
500PHP8,930.07  FRENS
1000PHP17,860.13  FRENS

Today vs. 24 hours ago

Amount17:36 today24 hours ago24h change
0.5 FRENS$0.0004772$0.0004835
-1.29%
1 FRENS$0.0009545$0.0009670
-1.29%
5 FRENS$0.004772$0.004835
-1.29%
10 FRENS$0.009545$0.009670
-1.29%
50 FRENS$0.04772$0.04835
-1.29%
100 FRENS$0.09545$0.09670
-1.29%
500 FRENS$0.4772$0.4835
-1.29%
1000 FRENS$0.9545$0.9670
-1.29%

Today vs. 1 month ago

Amount17:36 today1 month ago1M change
0.5 FRENS$0.0004772$0.00
-78.70%
1 FRENS$0.0009545$0.00
-78.70%
5 FRENS$0.004772$0.00
-78.70%
10 FRENS$0.009545$0.00
-78.70%
50 FRENS$0.04772$0.00
-78.70%
100 FRENS$0.09545$0.00
-78.70%
500 FRENS$0.4772$0.00
-78.70%
1000 FRENS$0.9545$0.00
-78.70%

Today vs. 1 year ago

Amount17:36 today1 year ago1Y change
0.5 FRENS$0.0004772$0.002264
-78.92%
1 FRENS$0.0009545$0.004527
-78.92%
5 FRENS$0.004772$0.02264
-78.92%
10 FRENS$0.009545$0.04527
-78.92%
50 FRENS$0.04772$0.2264
-78.92%
100 FRENS$0.09545$0.4527
-78.92%
500 FRENS$0.4772$2.26
-78.92%
1000 FRENS$0.9545$4.53
-78.92%

Frens of Elon price prediction

What will the price of FRENS be in 2025?

Based on FRENS's historical price performance prediction model, the price of FRENS is projected to reach $0.001666 in 2025.

What will the price of FRENS be in 2030?

In 2030, the FRENS price is expected to change by -10.00%. By the end of 2030, the FRENS price is projected to reach $0.004482, with a cumulative ROI of +366.79%.

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?

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.