AI overview
The nuevo sol is the official money used in Peru. It matters because it's essential for buying goods and services within the country and plays a key role in Peru's economy.
AI-generated from the Wikipedia summary — may contain errors.
Key facts
- Code
- PEN (numeric: 604 ) , before: PEH, PEI, PES
- Plural
- soles
- Symbol
- S/
- 1 100
- céntimo
- C ntimo
- céntimos
- Freq used
- S/10, S/20, S/50, S/100
- Rarely used
- S/200
- Date of introduction
- July 1, 1991
- Replaced
- Peruvian inti
- User s
- Peru
- Central bank
- Central Reserve Bank of Peru
- Website
- www .bcrp .gob .pe
- Printer
- Perum Peruri
Article
The sol ( Spanish pronunciation: [sol]; plural: soles; currency sign: S/) is the currency of Peru; it is subdivided into 100 céntimos ("cents"). The ISO 4217 currency code is PEN.
The sol replaced the Peruvian inti in 1991 and the name is a return to that of Peru's historic currency, as the previous incarnation of sol was in use from 1863 to 1985. Although sol in this usage is derived from the Latin solidus (lit. 'solid'), the word also means "sun" in Spanish. There is thus a continuity with the old Peruvian inti, which was named after Inti, the Sun God of the Incas.