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Coinye West to Philippine Peso Converter and calculator

Convert 1Coinye West (COINYE) to Philippine Peso (PHP) equals ₱ 0.1559 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Coinye West(COINYE) to Philippine Peso(PHP). This is the real-time data. The current conversion shows 1 COINYE at a value of 1 COINYE for 0.16 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.

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

COINYE to PHP conversion rate trend

1D7D1M3M1YAll
In the past 1D, Coinye West has changed +0.59% to PHP. Based on the trend and price charts, Coinye West(COINYE) has changed +0.59% to PHP while Philippine Peso(PHP) has changed % to COINYE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₱0.1525
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 08:31:03(UTC+0)

How to buy Coinye West

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

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

Bitget P2P trading does not currently support direct buying of COINYE with PHP. However, you can buy USDT in Bitget P2P trading first, and then buy COINYE with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell COINYE (or USDT) for PHP (Philippine Peso) offers

Bitget P2P trading currently does not support direct selling of COINYE to PHP. However, you can first exchange COINYE 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
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What factors influence the conversion rate of Coinye West to Philippine Peso?

Coinye West to Philippine Peso is falling this week.
Coinye West's current market price is ₱ 0.1559 per COINYE, with a total market cap of ₱ 124,876,144.47 PHP based on a circulating supply of 801,244,740 COINYE. The trading volume of Coinye West has changed by -54.36% (₱ -494,977.86 PHP) in the last 24 hours. Last trading day, COINYE's trading volume was ₱ 910,558.64.
Market cap
$2.13M
24h volume
$7.08K
Circulating supply
801.24M COINYE

Conversion tables

The exchange rate of Coinye West is decreasing.
1 COINYE is currently valued at ₱ 0.1559 PHP , which means buying 5 COINYE will cost ₱ 0.7793 PHP . Similarly, ₱1 PHP can be traded for 6.42 COINYE, and ₱50 PHP can be converted to 320.82 COINYE, excluding any platform or gas fees.
The exchange rate of 1 COINYE to Philippine Peso has changed by -49.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.59%, reaching a high of 0.1577 PHP and a low of 0.1487 PHP . One month ago, the value of 1 COINYE was ₱ 0.2548 PHP , which represents a -38.85% change from its current value. Over the last year, Coinye West has changed by
+
0.03911PHP
, resulting in a change of +33.51% in its value.

COINYE to PHP

Amount
13:11 today
0.5 COINYE
0.07793
1 COINYE
0.1559
5 COINYE
0.7793
10 COINYE
1.56
50 COINYE
7.79
100 COINYE
15.59
500 COINYE
77.93
1000 COINYE
155.85

PHP to COINYE

Amount13:11 today
0.5PHP3.21  COINYE
1PHP6.42  COINYE
5PHP32.08  COINYE
10PHP64.16  COINYE
50PHP320.82  COINYE
100PHP641.63  COINYE
500PHP3,208.16  COINYE
1000PHP6,416.32  COINYE

Today vs. 24 hours ago

Amount13:11 today24 hours ago24h change
0.5 COINYE$0.001328$0.001320
+0.59%
1 COINYE$0.002655$0.002639
+0.59%
5 COINYE$0.01328$0.01320
+0.59%
10 COINYE$0.02655$0.02639
+0.59%
50 COINYE$0.1328$0.1320
+0.59%
100 COINYE$0.2655$0.2639
+0.59%
500 COINYE$1.33$1.32
+0.59%
1000 COINYE$2.66$2.64
+0.59%

Today vs. 1 month ago

Amount13:11 today1 month ago1M change
0.5 COINYE$0.001328$0.002171
-38.85%
1 COINYE$0.002655$0.004341
-38.85%
5 COINYE$0.01328$0.02171
-38.85%
10 COINYE$0.02655$0.04341
-38.85%
50 COINYE$0.1328$0.2171
-38.85%
100 COINYE$0.2655$0.4341
-38.85%
500 COINYE$1.33$2.17
-38.85%
1000 COINYE$2.66$4.34
-38.85%

Today vs. 1 year ago

Amount13:11 today1 year ago1Y change
0.5 COINYE$0.001328$0.0009944
+33.51%
1 COINYE$0.002655$0.001989
+33.51%
5 COINYE$0.01328$0.009944
+33.51%
10 COINYE$0.02655$0.01989
+33.51%
50 COINYE$0.1328$0.09944
+33.51%
100 COINYE$0.2655$0.1989
+33.51%
500 COINYE$1.33$0.9944
+33.51%
1000 COINYE$2.66$1.99
+33.51%

Coinye West price prediction

What will the price of COINYE be in 2025?

Based on COINYE's historical price performance prediction model, the price of COINYE is projected to reach $0.008463 in 2025.

What will the price of COINYE be in 2030?

In 2030, the COINYE price is expected to change by -7.00%. By the end of 2030, the COINYE price is projected to reach $0.01693, with a cumulative ROI of +438.95%.

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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?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Coinye West and PHP.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Coinye West and PHP. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

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

If you want to know the value of Coinye West in PHP, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.