The world of cryptocurrency continues to expand, offering users seamless ways to convert digital assets into local fiat currencies. One such popular conversion is IOTA (IOTA) to Philippine Peso (PHP) — a growing interest among Filipino investors and crypto enthusiasts. This guide provides an in-depth look at the current exchange rate, historical trends, and practical insights for converting IOTA to PHP.
As of the latest update, 1 IOTA = 8.96 PHP. This rate fluctuates in real time due to market dynamics, so staying informed is key for accurate conversions.
Understanding the Current IOTA to PHP Exchange Rate
At present, the value of 1 IOTA stands at ₱8.96, with minimal changes over the past 24 hours — a slight increase of +0.15%. For those looking to convert smaller or larger amounts:
- 0.5 IOTA = ₱4.48
- 5 IOTA = ₱44.78
- 10 IOTA = ₱89.56
- 100 IOTA = ₱895.60
- 1,000 IOTA = ₱8,956.01
Conversely, if you're using PHP to purchase IOTA:
- ₱1 PHP ≈ 0.1117 IOTA
- ₱50 PHP ≈ 0.5583 IOTA
These values are based on live data and do not include transaction fees or network charges, which may vary depending on the platform used.
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Historical Price Trends: IOTA vs PHP
Understanding past performance helps anticipate future movements. Over the last week, IOTA has shown moderate volatility:
- 7-day high: ₱9.46
- 7-day low: ₱7.91
- Weekly change: -0.43%
Over the past month, IOTA has declined by 22.38%, dropping from ₱11.60 to its current level. The 90-day trend shows a decrease of 19.75%, indicating a bearish sentiment in recent months.
| Time Period | High (PHP) | Low (PHP) | Change (%) |
|---|---|---|---|
| 24 Hours | 9.34 | 9.09 | +0.15% |
| 7 Days | 9.46 | 7.91 | -0.43% |
| 30 Days | 12.07 | 7.91 | -22.38% |
| 90 Days | 15.33 | 7.46 | -19.75% |
Despite these dips, long-term investors remain watchful, especially as macroeconomic factors and technological upgrades could influence future price action.
Market Overview: IOTA’s Global Standing
IOTA maintains a significant presence in the crypto ecosystem with:
- Market Cap: ₱34,648,950,692.99 PHP
- 24-Hour Trading Volume: ₱762,345,492.20 PHP
- Circulating Supply: 3,868,793,600 IOTA
The 24-hour trading volume saw a drop of -23.34%, signaling reduced short-term activity but stable long-term holding patterns.
About the Philippine Peso (PHP)
The Philippine Peso (PHP) is the official currency of the Philippines, subdivided into 100 centavos or sentimos. It's symbolized by "₱" and issued by the Bangko Sentral ng Pilipinas (BSP), established in 1993 to ensure financial stability and sustainable economic growth.
Historical Background
The peso traces its roots back to the Spanish colonial era, where the Spanish silver dollar (also known as “pieces of eight”) was widely used. Indigenous forms of currency like Piloncitos — small gold beads — were used before formal coinage.
After independence, several monetary reforms took place, including the shift to a floating exchange rate system in 1993 under the New Central Bank Act.
Coins and Banknotes
Today’s Philippine currency includes:
- Coins: 1, 5, 10, and 25 sentimos; ₱1, ₱5, ₱10, ₱20
- Banknotes: ₱20, ₱50, ₱100, ₱200, ₱500, ₱1,000
Modern bills feature national heroes and iconic natural landmarks, printed at a secure facility in Quezon City.
Is PHP Pegged to the US Dollar?
No, the Philippine Peso operates under a floating exchange rate regime and is not pegged to the US Dollar (USD). While it was historically tied during American colonial rule and post-WWII periods, today’s value is determined by market forces such as inflation, trade balance, and foreign investment.
Although the BSP may intervene to stabilize extreme fluctuations, there is no fixed rate maintained against the USD.
Factors Influencing IOTA to PHP Exchange Rates
Several elements affect how much IOTA is worth in PHP:
- Global Crypto Market Trends: Bitcoin and Ethereum movements often influence altcoins like IOTA.
- Local Demand in the Philippines: Increased adoption or regulatory news can boost trading volume.
- Network Developments: Upgrades to IOTA’s Tangle technology may impact investor confidence.
- Economic Indicators: Inflation rates, interest rates, and GDP growth in both global and Philippine markets play a role.
👉 Stay ahead of price shifts with real-time alerts and advanced charting tools.
Frequently Asked Questions (FAQ)
What is the current price of 1 IOTA in PHP?
As of now, 1 IOTA equals ₱8.96 PHP. This rate updates in real time based on market conditions.
How much is 100 IOTA in Philippine Pesos?
100 IOTA is equivalent to ₱895.60 PHP at the current exchange rate.
Has IOTA increased or decreased in value recently?
Over the past 24 hours, IOTA has risen slightly by +0.15%. However, over the past month, it has declined by 22.38%, reflecting broader market corrections.
Can I convert IOTA directly to PHP?
Yes, many cryptocurrency platforms allow direct trading between IOTA and PHP through spot markets or peer-to-peer (P2P) trading options.
What was the highest price of IOTA against PHP?
The all-time high for IOTA reached ₱321.04 PHP per coin. While currently far from that peak, future developments could reignite bullish momentum.
Where can I track live IOTA to PHP prices?
You can monitor real-time exchange rates using crypto calculators and price tracking tools available on major exchanges.
👉 Access a powerful crypto converter that supports instant IOTA to PHP calculations with precision.
Final Thoughts
Converting IOTA to Philippine Peso (PHP) is becoming increasingly accessible thanks to advancements in blockchain technology and growing regional adoption. Whether you're a short-term trader or long-term holder, understanding exchange rates, market trends, and economic influences is crucial.
With real-time data showing 1 IOTA = 8.96 PHP, now is a good time to assess your portfolio and make informed decisions based on accurate information.
By leveraging reliable platforms and staying updated on both crypto and macroeconomic developments, Filipino users can confidently navigate the evolving digital asset landscape.
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