Peru Currency Sol
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The sol was introduced in 1863 when peru completed its decimalization replacing the real at a rate of 1 sol 10 reales.
Peru currency sol. The sol was introduced as the currency of peru in the 1860s but it was replaced during chiles occupation of the country. All figures are live mid market rates which are not available to consumers and are for informational purposes only. After the currency introduction in 1991 the currency was commonly known as nuevo until the peruvian congress pioneered the renaming of the currency just to sol.
The currency is portioned into 100 parts called centimos cents. The word sol is derived from latin solidus although the word also refers to sun in spanish language. New sun monetary unit of peru.
The sol substituted the peruvian inti in 1991. 1 usd 361547 pen. It was reintroduced in the 1930s but in the mid 1980s when the country suffered severe inflation it was replaced by the inti.
The sol weakened 1 the most in emerging markets after the south african rand while peruvian bonds maturing in 2050 fell to a five month low tuesday dropping 265 cents on the dollar to 15655. Below youll find peruvian sol rates and a currency converter. The official currency in peru is the nuevo sol usually people just say sol plural soles so less but us dollar notes are also accepted as money in peru especially for higher value transactions.
The sol also replaced the bolivian peso which had circulated in southern peru at the rate of 1 sol 125 bolivian pesos. Between 1858 and 1863 coins had been issued denominated in reales centavos and escudos. Us dollar to peruvian sol conversion.
The iso 4217 currency code is pen. The currency of peru is known as the sol. It is divided into 100 centimos.
S is the currency of peru. The sol replaced the peruvian inti in 1991 and the name is a return to that of perus historic currency as the previous incarnation of sol was in use from 1863 to 1985. Our currency rankings show that the most popular peru sol exchange rate is the usd to pen rate.
The currency code for nuevos soles is pen and the currency symbol is s. Find currency selling price and other forex information. You can also subscribe to our currency newsletters with daily rates and analysis read the xe currency blog or take pen rates on the go with our xe currency apps and website.
The sol spanish pronunciation. 1 pen 0276589 usd.
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