Peruvian Sol

The Peruvian Sol (PEN) is the official currency of Peru, introduced in 1991. It replaced the inti and is subdivided into 100 céntimos.

History

The Sol was initially established in 1863 and was used until it was replaced by the Inti in 1985. The current version was reintroduced in 1991 to stabilize the economy after hyperinflation.

Design

The currency features various national symbols and historical figures:

• Coins: The Sol coins depict the sun and important figures in Peruvian history.
• Banknotes: The banknotes are colorful and feature cultural icons and landmarks.

Exchange Rates

The exchange rate of the Peruvian Sol can fluctuate based on economic conditions. As of [insert recent date], the exchange rate is approximately:

• 1 USD = X PEN

Conclusion

The Peruvian Sol is a vital part of Peru's economy, reflecting its rich history and cultural heritage.