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The sol, later sol de oro (English: gold sol), was the currency of Peru between 1863 and 1985. It had the ISO 4217 currency code PES. It was subdivided into 10 dineros or 100 centavos. It also had two different superunits over its circulation life, the inca (1881–1882) and later the gold pound (1898–1931, abbreviated Lp.
The sol (Spanish pronunciation:; plural: soles; currency sign: S/) [3] 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.
Peruvian sol Peru: S/. Céntimo [75] [76] Surinamese dollar Suriname $ Cent [77] [78] Trinidad and Tobago dollar Trinidad and Tobago: TT$ Cent [79] [80] United Kingdom pound South Georgia and the South Sandwich Islands (United Kingdom) £ Pence [81] United States dollar Bonaire (Netherlands) $ Cent [82] [83] [84] British Virgin Islands (United ...
USD Cent: 100 Palestine: Israeli new shekel ₪ ILS Agora: 100 Jordanian dinar: JD JOD Piastre [H] 100 Panama: Panamanian balboa: B/ PAB Centésimo: 100 United States dollar $ USD Cent: 100 Papua New Guinea: Papua New Guinean kina: K PGK Toea: 100 Paraguay: Paraguayan guaraní ₲ PYG Céntimo: 100 Peru: Peruvian sol: S/ PEN Céntimo: 100 ...
The nuevo sol ("new sol") was adopted on 1 July 1991, replacing the inti at an exchange rate of a million to one. Thus: 1 new sol = 1,000,000 intis = 1,000,000,000 soles de oro. Inti notes and coins are no longer legal tender in Peru, nor can they be exchanged for notes and coins denominated in the current nuevo sol.
The sol is the currency of Peru. The exchange rate as of January 2025 is 3.76 soles to the US dollar. [106] It was instated in 1991, when the Peruvian government abandoned the inti due to hyperinflation of the currency; the sol has since maintained the lowest inflation rate in Latin America. [107]
Peruvian sol (1863–1985) Media in category "Currencies of Peru" This category contains only the following file. J. File:Jose Gabriel Condorcanqui TupacAmaru II.jpg
As a result of chronic inflation, the Peruvian currency, the sol, was replaced by the inti in mid-1985, which itself was replaced by the nuevo sol in July 1991; the new currency had an equivalent value of one billion old soles. During García's administration, the per-capita annual income of Peruvians fell to $720, which was below 1960 levels ...