Sol de Oro
The Sol de Oro was the currency of Peru from 1863 to 1984 . The subdivision was 1 sol de oro = 10 dineros = 100 centavos. From 1914 to 1926 the subdivision was 10 Soles de Oro = 1 Libra. The ISO 4217 was PEH.
When it was introduced in 1863, the Sol de Oro replaced the Real, with a ratio of 1 Sol = 10 Reales, and the Bolivian Peso still circulating in southern Peru at a ratio of 1 Sol = 1.25 Pesos. The 1-sol silver coin, with a rough weight of 25 grams and a fineness of 900/1000, corresponded to the 5-franc piece of the Latin Monetary Union . The back shows the seated personification of freedom, the front the coat of arms. Pieces of 20, 10, 5, 2 and 1 S were minted out. In 1922 the silver content was reduced to 500/1000.
Gold parity existed from April 1931 to the end of 1933 . One sol de oro was equivalent to 0.4212 g of gold . In 1935, the silver 1/2 and 1 sol coins were replaced by brass coins.
On January 1, 1985, the Sol de Oro was replaced by the new currency Inti , at an exchange rate of 1000 Soles de Oro = 1 Inti.
On July 1, 1991, the Inti was replaced by today's currency, the Nuevo Sol , at an exchange rate of 1,000,000 Inti = 1 Nuevo Sol.
literature
- Heinz Fengler, Gerhard Gierow, Willy Unger: Numismatics (Transpress Lexicon). 4th edition. Transpress, Verlag für Verkehrwesen, Berlin 1988, ISBN 3-344-00220-1 (EA Pinguin-Verlag, Innsbruck 1976).