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base info Phala Network

Phala Network to Honduran Lempira Converter and calculator

Convert 1Phala Network (PHA) to Honduran Lempira (HNL) equals L 4.61 | 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 Phala Network(PHA) to Honduran Lempira(HNL). This is the real-time data. The current conversion shows 1 PHA at a value of 1 PHA for 4.61 HNL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

HNL information

About Honduran Lempira (HNL)

The Honduran Lempira (HNL), named after the 16th-century indigenous leader Lempira, who valiantly resisted the Spanish conquistadors, is more than just the official currency of Honduras. It is commonly abbreviated as HNL and represented by the symbol L. It represents the nation's rich history, cultural heritage, and economic endeavors. Since its introduction in 1931, the Lempira has been at the heart of Honduras's financial system, reflecting the country's socio-economic dynamics.

Historical Background

The Lempira was introduced as Honduras’s official currency in 1931, replacing the Honduran Peso. This transition was part of a broader movement across Latin America to establish distinct national identities and economic independence. The choice of Lempira as the currency's namesake was a powerful nod to the country's pre-colonial history and a tribute to a national hero.

Design and Symbolism

The design of the Honduran Lempira is a rich tapestry of the nation’s heritage. Banknotes and coins feature images of important figures from Honduran history, including former presidents and national heroes. They also showcase significant cultural symbols and landmarks, such as ancient Mayan ruins and native wildlife. These designs do more than facilitate transactions; they educate and instill national pride.

Economic Role

The Lempira is central to Honduras’s economy, which is largely based on agriculture, manufacturing, and remittances from abroad. As the primary medium of exchange, the Lempira supports these sectors, enabling trade and investment. Its stability and value are critical for economic growth and the well-being of the Honduran people.

Monetary Policy and Inflation

The Central Bank of Honduras manages the Lempira, implementing monetary policies to control inflation and maintain currency stability. These policies are vital for creating a favorable economic environment, encouraging investment, and promoting sustainable growth.

International Trade and the Lempira

The Lempira’s value is important in international trade, especially for Honduras's key exports like coffee, textiles, and agricultural products. A stable exchange rate is crucial for maintaining competitive export prices and attracting foreign investment.

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

PHA to HNL conversion rate trend

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In the past 1D, Phala Network has changed +0.66% to HNL. Based on the trend and price charts, Phala Network(PHA) has changed +0.66% to HNL while Honduran Lempira(HNL) has changed % to PHA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L4.61
0.0001% / 0.0004%vip-iconVIP
Binance
L4.62
0.1000% / 0.1000%
Yes
OKX
L4.61
0.080% / 0.100%
Yes
Huobi
L4.62
0.1000% / 0.1000%
Yes
Gate.io
L4.62
0.1000% / 0.1000%
Yes
KuCoin
L4.6
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 14:00:22(UTC+0)

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What factors influence the conversion rate of Phala Network to Honduran Lempira?

Phala Network to Honduran Lempira is falling this week.
Phala Network's current market price is L 4.61 per PHA, with a total market cap of L 3,346,169,937.76 HNL based on a circulating supply of 726,434,800 PHA. The trading volume of Phala Network has changed by +0.28% (L 393,429.47 HNL) in the last 24 hours. Last trading day, PHA's trading volume was L 142,598,577.06.
Market cap
$135.52M
24h volume
$5.79M
Circulating supply
726.43M PHA

Conversion tables

The exchange rate of Phala Network is decreasing.
1 PHA is currently valued at L 4.61 HNL , which means buying 5 PHA will cost L 23.03 HNL . Similarly, L1 HNL can be traded for 0.2171 PHA, and L50 HNL can be converted to 10.85 PHA, excluding any platform or gas fees.
The exchange rate of 1 PHA to Honduran Lempira has changed by -1.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.66%, reaching a high of 4.74 HNL and a low of 4.54 HNL . One month ago, the value of 1 PHA was L 4.65 HNL , which represents a -1.02% change from its current value. Over the last year, Phala Network has changed by
+L
1.34HNL
, resulting in a change of +41.14% in its value.

PHA to HNL

Amount
14:54 today
0.5 PHA
L2.3
1 PHA
L4.61
5 PHA
L23.03
10 PHA
L46.06
50 PHA
L230.31
100 PHA
L460.63
500 PHA
L2,303.15
1000 PHA
L4,606.29

HNL to PHA

Amount14:54 today
0.5HNL0.1085  PHA
1HNL0.2171  PHA
5HNL1.09  PHA
10HNL2.17  PHA
50HNL10.85  PHA
100HNL21.71  PHA
500HNL108.55  PHA
1000HNL217.09  PHA
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Today vs. 24 hours ago

Amount14:54 today24 hours ago24h change
0.5 PHA$0.09328$0.09267
+0.66%
1 PHA$0.1866$0.1853
+0.66%
5 PHA$0.9328$0.9267
+0.66%
10 PHA$1.87$1.85
+0.66%
50 PHA$9.33$9.27
+0.66%
100 PHA$18.66$18.53
+0.66%
500 PHA$93.28$92.67
+0.66%
1000 PHA$186.56$185.34
+0.66%

Today vs. 1 month ago

Amount14:54 today1 month ago1M change
0.5 PHA$0.09328$0.09424
-1.02%
1 PHA$0.1866$0.1885
-1.02%
5 PHA$0.9328$0.9424
-1.02%
10 PHA$1.87$1.88
-1.02%
50 PHA$9.33$9.42
-1.02%
100 PHA$18.66$18.85
-1.02%
500 PHA$93.28$94.24
-1.02%
1000 PHA$186.56$188.47
-1.02%
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Today vs. 1 year ago

Amount14:54 today1 year ago1Y change
0.5 PHA$0.09328$0.06607
+41.14%
1 PHA$0.1866$0.1321
+41.14%
5 PHA$0.9328$0.6607
+41.14%
10 PHA$1.87$1.32
+41.14%
50 PHA$9.33$6.61
+41.14%
100 PHA$18.66$13.21
+41.14%
500 PHA$93.28$66.07
+41.14%
1000 PHA$186.56$132.15
+41.14%

Phala Network price prediction

What will the price of PHA be in 2025?

Based on PHA's historical price performance prediction model, the price of PHA is projected to reach $0.2659 in 2025.

What will the price of PHA be in 2030?

In 2030, the PHA price is expected to rise by +10.00%. By the end of 2030, the PHA price is projected to reach $0.3967, with a cumulative ROI of +112.66%.
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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 Phala Network and HNL.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Phala Network and HNL. 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 Phala Network in HNL, 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.

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