In the context of digital currency conversions, 1 Hi Dollar (HI) is currently equivalent to approximately ₱0.0136 Philippine Pesos (PHP). While "Hawaiian money" traditionally refers to the United States Dollar (USD), the official currency of Hawaii as a U.S. state, the available conversion data pertains specifically to Hi Dollars (HI), a type of cryptocurrency, and its value against the Philippine Peso.
Current Conversion Rates for Hi Dollars (HI) to Philippine Peso (PHP)
As of a recent update, specifically at 10:34 pm on the conversion date, the following rates apply for Hi Dollars (HI) when converted to the Philippine Peso (PHP):
| HI Amount | PHP Equivalent (Today) |
|---|---|
| 1 HI | ₱0.0136 |
| 5 HI | ₱0.0682 |
| 10 HI | ₱0.14 |
| 50 HI | ₱0.68 |
Historical Performance of Hi Dollars (HI)
The value of Hi Dollars (HI) against the Philippine Peso has seen significant changes over time, characteristic of the volatile cryptocurrency market. For comparison, here were the conversion rates approximately one year prior to the recent update:
| HI Amount | PHP Equivalent (1 Year Ago) |
|---|---|
| 1 HI | ₱0.0555 |
| 5 HI | ₱0.28 |
| 10 HI | ₱0.55 |
| 50 HI | ₱2.77 |
These figures highlight a substantial decrease in the value of Hi Dollars (HI) over the past year. For instance, 1 HI was valued at ₱0.0555 a year ago, compared to ₱0.0136 today, indicating a significant depreciation.
Factors Influencing Cryptocurrency Value
It is important to understand that the value of cryptocurrencies like Hi Dollars (HI) is highly dynamic and subject to rapid fluctuations based on market demand, supply, technological developments, regulatory news, and overall sentiment in the digital asset space. Conversion rates can change frequently, often within minutes, making real-time data crucial for accurate valuation.
