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SUMMIT to PHP Converter and calculator

SUMMIT/PHP: 1 SUMMIT = 0.0004997 PHP. The price of converting 1 Summit (SUMMIT) to Philippine Peso (PHP) is 0.0004997 PHP today.
SUMMIT
SUMMIT
PHP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SUMMIT to PHP real-time exchange rates, making it easy to convert Summit (SUMMIT) to Philippine Peso (PHP). The conversion result is based on real-time data. The conversion result shows that 1 SUMMIT is currently valued at 0.0004997 PHP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SUMMIT is currently valued at 0.0004997 PHP, which means buying 5 SUMMIT would cost 0.002498 PHP. Similarly, ₱1 PHP can be converted to 2,001.31 SUMMIT, and ₱50 PHP can be converted to 10,006.54 SUMMIT, excluding any platform or gas fees.

Convert SUMMIT to PHP

Convert PHP to SUMMIT

Summit
Philippine Peso
1 SUMMIT
0.0004997  PHP
Exchange 1 SUMMIT for 0.0004997 PHP
2 SUMMIT
0.0009993  PHP
Exchange 2 SUMMIT for 0.0009993 PHP
5 SUMMIT
0.002498  PHP
Exchange 5 SUMMIT for 0.002498 PHP
10 SUMMIT
0.004997  PHP
Exchange 10 SUMMIT for 0.004997 PHP
20 SUMMIT
0.009993  PHP
Exchange 20 SUMMIT for 0.009993 PHP
50 SUMMIT
0.02498  PHP
Exchange 50 SUMMIT for 0.02498 PHP
100 SUMMIT
0.04997  PHP
Exchange 100 SUMMIT for 0.04997 PHP
200 SUMMIT
0.09993  PHP
Exchange 200 SUMMIT for 0.09993 PHP
500 SUMMIT
0.2498  PHP
Exchange 500 SUMMIT for 0.2498 PHP
1000 SUMMIT
0.4997  PHP
Exchange 1000 SUMMIT for 0.4997 PHP
5000 SUMMIT
2.5  PHP
Exchange 5000 SUMMIT for 2.5 PHP
10000 SUMMIT
5  PHP
Exchange 10000 SUMMIT for 5 PHP
In the table above, you'll find a comprehensive SUMMIT to PHP converter that shows the value of Summit in Philippine Peso across commonly used conversion amounts. The list covers conversions from 1 SUMMIT to PHP, all the way up to 10000 SUMMIT, providing a clear view of their respective values.
Philippine Peso
Summit
1 PHP
2,001.31 SUMMIT
Exchange 1 PHP for 2,001.31 SUMMIT
10 PHP
20,013.07 SUMMIT
Exchange 10 PHP for 20,013.07 SUMMIT
50 PHP
100,065.36 SUMMIT
Exchange 50 PHP for 100,065.36 SUMMIT
100 PHP
200,130.72 SUMMIT
Exchange 100 PHP for 200,130.72 SUMMIT
200 PHP
400,261.44 SUMMIT
Exchange 200 PHP for 400,261.44 SUMMIT
500 PHP
1,000,653.59 SUMMIT
Exchange 500 PHP for 1,000,653.59 SUMMIT
1000 PHP
2,001,307.18 SUMMIT
Exchange 1000 PHP for 2,001,307.18 SUMMIT
2000 PHP
4,002,614.36 SUMMIT
Exchange 2000 PHP for 4,002,614.36 SUMMIT
5000 PHP
10,006,535.89 SUMMIT
Exchange 5000 PHP for 10,006,535.89 SUMMIT
10000 PHP
20,013,071.78 SUMMIT
Exchange 10000 PHP for 20,013,071.78 SUMMIT
50000 PHP
100,065,358.92 SUMMIT
Exchange 50000 PHP for 100,065,358.92 SUMMIT
100000 PHP
200,130,717.84 SUMMIT
Exchange 100000 PHP for 200,130,717.84 SUMMIT
In the table above, you'll find a comprehensive PHP to SUMMIT converter that shows the value of Philippine Peso in Summit across commonly used conversion amounts. The list covers conversions from 1 PHP to SUMMIT, all the way up to 100000 PHP, providing a clear view of their respective values.

SUMMIT to PHP chart

SUMMIT/PHP: 1 SUMMIT = 0.0004997 PHP; 2025/11/18 22:15:07
In the past 1D, Summit has changed +2.45% to PHP. Based on the trend and price charts, Summit(SUMMIT) has changed +2.45% to PHP while Philippine Peso(PHP) has changed % to SUMMIT in the last 24 hours.
1D7D1M3M1YAll

SUMMIT to PHP conversion data: Volatility and price changes of Summit in PHP

The highest Summit price in PHP over the past 7 days was 0.0005171 PHP while the lowest Summit price in PHP over the past 7 days was 0.0003986 PHP. The relative change between the highs and lows in Summit price in PHP over the last 7 days indicates a volatility of %. You can view additional volatility data and SUMMIT 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
0.0005050 PHP
0.0005171 PHP
0.0007465 PHP
0.002745 PHP
Low
0.0004700 PHP
0.0003986 PHP
0.0003890 PHP
0.0002518 PHP
Average
0 PHP
0 PHP
0 PHP
0 PHP
Volatility
%
%
%
%
Change
+2.45%
-1.00%
-20.22%
-78.52%

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Summit information

SUMMIT to PHP market statistics

SUMMIT/PHP:
₱0.0004997
SUMMIT 24h volume:
₱1,973,933.06
SUMMIT market cap:
--
SUMMIT circulating supply:
0 SUMMIT

Current SUMMIT to PHP exchange rate

Summit to Philippine Peso is falling this week.
Summit's current market price is ₱0.0004997 per SUMMIT, with a total market cap of ₱0 PHP based on a circulating supply of -- SUMMIT. The trading volume of Summit has changed by -7.04% (₱-149,555.15 PHP) in the last 24 hours. Last trading day, SUMMIT's trading volume was ₱2,123,488.21.

More info about Summit on Bitget

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 Summit currency pair is the SUMMIT to PHP, with for Summit's currency code being SUMMIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PHP.

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SUMMIT to PHP Conversion tables

The exchange rate of Summit is decreasing.
The exchange rate of 1 SUMMIT to Philippine Peso has changed by -1.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.45%, reaching a high of 0.0005050 PHP and a low of 0.0004700 PHP . One month ago, the value of 1 SUMMIT was ₱0.0006263 PHP , which represents a -20.22% change from its current value. Over the last year, Summit has changed by
-
0.006759PHP
, resulting in a change of -93.12% in its value.
24 hours ago1 month ago1 year ago
Amount 22:15 today 24 hours ago 24h change
0.5 SUMMIT
₱0.0002498₱0.0002439
+2.45%
1 SUMMIT
₱0.0004997₱0.0004877
+2.45%
5 SUMMIT
₱0.002498₱0.002439
+2.45%
10 SUMMIT
₱0.004997₱0.004877
+2.45%
50 SUMMIT
₱0.02498₱0.02439
+2.45%
100 SUMMIT
₱0.04997₱0.04877
+2.45%
500 SUMMIT
₱0.2498₱0.2439
+2.45%
1000 SUMMIT
₱0.4997₱0.4877
+2.45%

SUMMIT to PHP FAQ

How much is 1 Summit in PHP?
Right now, the price of 1 Summit (SUMMIT) in Philippine Peso (PHP) is ₱0.0004997.
How much SUMMIT can I buy for 1 PHP?
Based on the current exchange rate, you can get 2,001.31 SUMMIT for 1 PHP.
How do I calculate or convert SUMMIT to PHP?
You can use our SUMMIT to PHP calculator at the top of this page to convert any amount of SUMMIT to PHP. We've also included quick-reference tables for the most popular conversions. For example, 5 PHP is equivalent to 10,006.54 SUMMIT, while 5 SUMMIT will cost around 0.002498PHP.
What is the highest price of SUMMIT/PHP in history?
The all-time high price of 1 SUMMIT in PHP is ₱0.1670. It remains to be seen if the value of 1 SUMMIT/PHP will exceed the current all-time high.
What is the price trend of Summit in PHP?
Over the past 7 days, the exchange rate of Summit (SUMMIT) has gone down by 1.00%.   Over the last month, the exchange rate of Summit (SUMMIT) has gone down by 20.22% against Philippine Peso (PHP).

What factors influence the conversion rate of SUMMIT to PHP?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Summit currency pairs: SUMMIT to US Dollar (USD), SUMMIT to Euro (EUR), SUMMIT to Pound Sterling (GBP), SUMMIT to Canadian Dollar (CAD), SUMMIT to Indian Rupee (INR), SUMMIT to Pakistani Rupee (PKR), SUMMIT to Brazilian Real (BRL), SUMMIT to…
The price of Summit in the US is $0.{5}8492 USD. Additionally, Summit’s price is €0.{5}7331 EUR in the eurozone, £0.{5}6456 GBP in the UK, C$0.{4}1188 CAD in Canada, ₹0.0007516 INR in India, ₨0.002383 PKR in Pakistan, R$0.{4}4516 BRL in Brazil, and more.
The most popular Summit currency pair is the SUMMIT to Philippine Peso(PHP). The price of 1 Summit (SUMMIT) in Philippine Peso (PHP) is ₱0.0004997.

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