About the Peruvian Sol
The Peruvian Sol (initially Nuevo Sol) was introduced in 1991, replacing the Inti at a rate of one million Inti to one Sol. This was part of a stabilization program to combat hyperinflation.
The name 'Sol' means 'sun' in Spanish, a reference to the Sun God of the Inca Empire. It also means 'new' (from Latin solidus) in the context of its reintroduction.
Interesting Facts
A Currency of the Sun
The name 'Sol' means 'sun' in Spanish, honoring the Inca sun god Inti. The currency is often seen as a symbol of economic stability after periods of hyperinflation.
Rich in Minerals
Peru is a major producer of copper, gold, and silver. The Sol's value is significantly influenced by global commodity prices.
Historic Figures and Heritage
Peruvian banknotes feature prominent historical figures and iconic archaeological sites like Machu Picchu and the Nazca Lines.
Historical Timeline
The first Sol de Oro is introduced.
The Inti replaces the Sol de Oro.
The Nuevo Sol replaces the Inti, bringing hyperinflation under control.
The currency is renamed from Nuevo Sol to just Sol.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- PEN
- Symbol
- S/
- Numeric Code
- 604
- Subunit
- Céntimo (1/100)
- Introduced
- 1991-07-01
Central Bank
- Name
- Central Reserve Bank of Peru
- Headquarters
- Lima, Peru
- Founded
- 1922
- Current Governor
- Julio Velarde Flores (since 2006)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 2.00%
- Interest Rate
- 5.75%
Exchange Rates
What Affects the PEN Exchange Rate?
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