Convert Salvadoran Colón to Bitcoin
Please provide values below to convert Salvadoran Colón [SVC] to Bitcoin [BTC], or Convert Bitcoin to Salvadoran Colón.
How to Convert Salvadoran Colón to Bitcoin
1 SVC = 1034254.32719699 BTC
Example: convert 15 SVC to BTC:
15 SVC = 15 × 1034254.32719699 BTC = 15513814.9079548 BTC
Salvadoran Colón to Bitcoin Conversion Table
| Salvadoran Colón | Bitcoin |
|---|
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.