Peruvian sol

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Sol
Country: PeruPeru Peru
Subdivision: 100 céntimos
ISO 4217 code : PEN
Abbreviation: S /
Exchange rate :
(29 Mar 2020)

EUR  = 3.798 PEN
1 PEN = 0.2633 EUR

CHF  = 3.533 PEN
1 PEN = 0.28304 CHF

The sol has been the currency of Peru since 2015 . A sol is divided into 100 céntimos . The ISO code is PEN . From 1991 to 2015 the currency was Nuevo Sol .

The Sol was introduced as the Nuevo Sol on July 1, 1991 to replace the highly inflationary Inti . It was changed at the rate of 1 Nuevo Sol = 1,000,000 Inti. The Inti itself was also a successor; on January 1, 1985, it replaced the Sol de Oro, which had been in effect since 1863, at an exchange rate of 1: 1000.

Coins were introduced on October 1, 1991 and banknotes on November 13. Compared to the old Inti banknotes, the new notes have been provided with several security features such as special paper, watermarks and metal thread. On December 15, 2015, the name was changed to Sol.

Banknotes

The following banknotes are in circulation :

value front back
S / 10 (1991 version) José Abelardo Quiñones Gonzales Flying aircraft of the type Caproni Ca.113 on its back as a sign of the death of the pilot
S / 10 (version from 2011) José Abelardo Quiñones Gonzales Machu Picchu
S / 20 (version from 1991) Raúl Porras Barrenechea and the University of San Marcos Palacio de Torre Tagle
S / 20 (version from 2011) Raúl Porras Barrenechea Chan Chan Ruins
S / 50 (1991 version) Abraham Valdelomar Pinto and the Palais Concert Laguna de Huacachina
S / 50 (version from 2011) Abraham Valdelomar Pinto "El Castillo" temple in Chavín de Huántar
S / 100 (1991 version) Jorge Basadre Grohmann Biblioteca Nacional de Peru
S / 100 (version from 2011) Jorge Basadre Grohmann El Gran Pajatén
S / 200 (1991 version) Holy Rosa of Lima Convento de Santo Domingo
S / 200 (version from 2011) Rosa of Lima Ciudad Sagrada de Caral

The new banknotes are equipped with security features. This includes watermarks , security thread with the inscription Peru and value, see-through registers, intaglio printing , special paper with incorporated colored threads and the color change of the value number from purple to golden brown. Counterfeit money is common and damaged notes are rarely accepted. There are exchange offices that specialize in buying damaged bills below their face value. All banknotes are the same size of 140mm × 65mm.

Coins

Coins are available in denominations of 1, 5, 10, 20 and 50 céntimos and 1, 2 and 5 soles. The 1 sol coin is minted from German silver . However, the one and five centimos coins are not accepted outside of the large supermarkets and banks and are rarely in circulation.

history

In Peru, in 1863, the name Sol, meaning "sun" (symbol of the country since the Inca times ) , was chosen as the currency unit in the decimal system: 1 Sol (= 10 Dineros) = 100 Centavos and 10 Soles = 1 Libra. Until 1917 the 1-sol piece corresponded in weight (25 g) and fineness (900/1000) to the 5-franc piece of the Latin Monetary Union .

Due to the high inflation, Peru went to the Inti (meaning: "sun" in the Inca language Quechua ) of 100 Céntimos (1000 Soles de Oro = 1 Inti) in 1985 and then in July 1991 to the Nuevo Sol (1,000,000 Intis = 1 Nuevo Sol) over.

Web links

Individual evidence

  1. Peruvian Nuevo Sol ( Memento from October 11, 2012 in the Internet Archive ) entry on finanziert.org