Bitget converter provides INIT to PHP real-time exchange rates, making it easy to convert Initia (INIT) to Philippine Peso (PHP). The conversion result is based on real-time data. The conversion result shows that 1 INIT is currently valued at 46.93 PHP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 INIT is currently valued at 46.93 PHP, which means buying 5 INIT would cost 234.64 PHP. Similarly, ₱1 PHP can be converted to 0.02131 INIT, and ₱50 PHP can be converted to 0.1065 INIT, excluding any platform or gas fees.

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Convert INIT to PHP

Convert PHP to INIT

Initia

Philippine Peso

1 INIT

46.93 PHP

Exchange 1 INIT for 46.93 PHP

2 INIT

93.86 PHP

Exchange 2 INIT for 93.86 PHP

5 INIT

234.64 PHP

Exchange 5 INIT for 234.64 PHP

10 INIT

469.29 PHP

Exchange 10 INIT for 469.29 PHP

20 INIT

938.57 PHP

Exchange 20 INIT for 938.57 PHP

50 INIT

2,346.43 PHP

Exchange 50 INIT for 2,346.43 PHP

100 INIT

4,692.87 PHP

Exchange 100 INIT for 4,692.87 PHP

200 INIT

9,385.73 PHP

Exchange 200 INIT for 9,385.73 PHP

500 INIT

23,464.33 PHP

Exchange 500 INIT for 23,464.33 PHP

1000 INIT

46,928.67 PHP

Exchange 1000 INIT for 46,928.67 PHP

5000 INIT

234,643.33 PHP

Exchange 5000 INIT for 234,643.33 PHP

10000 INIT

469,286.66 PHP

Exchange 10000 INIT for 469,286.66 PHP

In the table above, you'll find a comprehensive INIT to PHP converter that shows the value of Initia in Philippine Peso across commonly used conversion amounts. The list covers conversions from 1 INIT to PHP, all the way up to 10000 INIT, providing a clear view of their respective values.

Philippine Peso

Initia

1 PHP

0.02131 INIT

Exchange 1 PHP for 0.02131 INIT

10 PHP

0.2131 INIT

Exchange 10 PHP for 0.2131 INIT

50 PHP

1.07 INIT

Exchange 50 PHP for 1.07 INIT

100 PHP

2.13 INIT

Exchange 100 PHP for 2.13 INIT

200 PHP

4.26 INIT

Exchange 200 PHP for 4.26 INIT

500 PHP

10.65 INIT

Exchange 500 PHP for 10.65 INIT

1000 PHP

21.31 INIT

Exchange 1000 PHP for 21.31 INIT

2000 PHP

42.62 INIT

Exchange 2000 PHP for 42.62 INIT

5000 PHP

106.54 INIT

Exchange 5000 PHP for 106.54 INIT

10000 PHP

213.09 INIT

Exchange 10000 PHP for 213.09 INIT

50000 PHP

1,065.45 INIT

Exchange 50000 PHP for 1,065.45 INIT

100000 PHP

2,130.89 INIT

Exchange 100000 PHP for 2,130.89 INIT

In the table above, you'll find a comprehensive PHP to INIT converter that shows the value of Philippine Peso in Initia across commonly used conversion amounts. The list covers conversions from 1 PHP to INIT, all the way up to 100000 PHP, providing a clear view of their respective values.

INIT to PHP chart

INIT/PHP: 1 INIT = 46.93 PHP; 2025/04/26 10:41:45

In the past 1D, Initia has changed -3.73% to PHP. Based on the trend and price charts, Initia(INIT) has changed -3.73% to PHP while Philippine Peso(PHP) has changed % to INIT in the last 24 hours.

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INIT to PHP conversion data: Volatility and price changes of Initia in PHP

The highest Initia price in PHP over the past 7 days was 53.98 PHP while the lowest Initia price in PHP over the past 7 days was 33.37 PHP. The relative change between the highs and lows in Initia price in PHP over the last 7 days indicates a volatility of %. You can view additional volatility data and INIT to PHP 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	53.98 PHP	53.98 PHP	53.98 PHP	53.98 PHP
Low	43.97 PHP	33.37 PHP	33.37 PHP	33.37 PHP
Average	0 PHP	0 PHP	0 PHP	0 PHP
Volatility	%	%	%	%
Change	-3.73%	+45.04%	+42.93%	+38.91%

Initia information

INIT to PHP market statistics

INIT/PHP:

₱46.93

INIT 24h volume:

₱22,359,097,535.96

INIT market cap:

₱6,980,638,987.72

INIT circulating supply:

148.75M INIT

Current INIT to PHP exchange rate

Initia to Philippine Peso is rising this week.

Initia's current market price is ₱46.93 per INIT, with a total market cap of ₱6,980,638,987.72 PHP based on a circulating supply of 148,750,000 INIT. The trading volume of Initia has changed by -61.83% (₱-36,225,942,070.70 PHP) in the last 24 hours. Last trading day, INIT's trading volume was ₱58,585,039,606.66.

More info about Initia on Bitget

Initia price Initia Price Prediction What is Initia (INIT)

Philippine Peso 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.

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

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Popular Initia Converter

INIT to TWD

1 INIT to NT$27.16 TWD

INIT to CNY

1 INIT to ¥6.08 CNY

INIT to PHP

1 INIT to ₱46.93 PHP

INIT to USD

1 INIT to $0.8344 USD

INIT to EUR

1 INIT to €0.7318 EUR

INIT to CAD

1 INIT to C$1.16 CAD

INIT to KRW

1 INIT to ₩1,200.12 KRW

INIT to JPY

1 INIT to ¥119.88 JPY

INIT to GBP

1 INIT to £0.6267 GBP

INIT to BRL

1 INIT to R$4.75 BRL

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1 BONK to ₱0.001071 PHP

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1 BTC to ₱5,308,398.72 PHP

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1 VIRTUAL to ₱60.37 PHP

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1 WLD to ₱64.77 PHP

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1 TRUMP to ₱891.89 PHP

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INIT to PHP Conversion tables

The exchange rate of Initia is increasing.

The exchange rate of 1 INIT to Philippine Peso has changed by +45.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.73%, reaching a high of 53.98 PHP and a low of 43.97 PHP . One month ago, the value of 1 INIT was ₱-0.07 PHP , which represents a +42.93% change from its current value. Over the last year, Initia has changed by

+₱

47PHP

, resulting in a change of +38.91% in its value.

24 hours ago1 month ago1 year ago

Amount	10:41 am today	24 hours ago	24h change
0.5 INIT	₱23.46	₱24.37	-3.73%
1 INIT	₱46.93	₱48.75	-3.73%
5 INIT	₱234.64	₱243.74	-3.73%
10 INIT	₱469.29	₱487.49	-3.73%
50 INIT	₱2,346.43	₱2,437.43	-3.73%
100 INIT	₱4,692.87	₱4,874.85	-3.73%
500 INIT	₱23,464.33	₱24,374.25	-3.73%
1000 INIT	₱46,928.67	₱48,748.5	-3.73%

INIT to PHP FAQ

How much is 1 Initia in PHP?

Right now, the price of 1 Initia (INIT) in Philippine Peso (PHP) is ₱46.93.

How much INIT can I buy for 1 PHP?

Based on the current exchange rate, you can get 0.02131 INIT for 1 PHP.

How do I calculate or convert INIT to PHP?

You can use our INIT to PHP calculator at the top of this page to convert any amount of INIT to PHP. We've also included quick-reference tables for the most popular conversions. For example, 5 PHP is equivalent to 0.1065 INIT, while 5 INIT will cost around 234.64PHP.

What is the highest price of INIT/PHP in history?

The all-time high price of 1 INIT in PHP is ₱53.98. It remains to be seen if the value of 1 INIT/PHP will exceed the current all-time high.

What is the price trend of Initia in PHP?

Over the past 7 days, the exchange rate of Initia (INIT) has gone up by 45.04%. Over the last month, the exchange rate of Initia (INIT) has gone up by 42.93% against Philippine Peso (PHP).

What factors influence the conversion rate of INIT to PHP?

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

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 INIT/PHP. 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 Initia and adjust their investment strategies accordingly in the evolving market.

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