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Peruvian Sol
The Peruvian sol (PEN) is the official currency of Peru. It is subdivided into 100 céntimos. The symbol for the sol is S/, while the ISO 4217 currency code is PEN.
History
The sol has a rich history and has gone through several changes over the years:
- The original sol was introduced in 1863.
- It was replaced by the inti in 1985.
- In 1991, the sol was reintroduced as the new sol.
Current Usage
Denominations
The current denominations of the sol include:
- Coins: 5, 10, 20, 50 céntimos; 1, 2, 5 soles.
- Banknotes: 10, 20, 50, 100, 200 soles.
Exchange Rate
As of today, the exchange rate is approximately 3.7 PEN to 1 USD.
Conclusion
The Peruvian sol plays a crucial role in the country's economy and is widely used across Peru.