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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.
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 inca was a unit of currency in Peru between 1881 and 1882. The inca was issued in banknote form only and was subdivided into 10 reales de inca or 100 centavos de inca. It was replaced by the Peruvian sol at a rate of 1 inca = 10 soles. The banknotes were withdrawn in 1882.
The Inti million was a currency unit adopted on 1st January 1991, by the Supreme Decree n.º 326-90-EF [1] accepted on 16th December 1990. This unit was in force until 1 July 1991. Both prices and accounting records were expressed in millions of Intis with all the zeros removed. [2]
North Peru issued 1 ⁄ 2, 1, and 8 reales, 1 ⁄ 2, 1, 2, 4 and 8 escudos whilst South Peru issued 1 ⁄ 2, 2, 4 and 8 reales, 1 ⁄ 2, 1 and 8 escudos. In 1856, production of all coins ceased. Smaller 1 ⁄ 2 and 1 real coins were introduced in 1858 and 1859, respectively, along with 50 centimos in 1858 and then 25 and 50 centavos in 1859.
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This infobox shows the latest status before this currency was rendered obsolete. The peseta was a short-lived denomination issued by Peru between 1880 and 1882. The peseta was subdivided into 2 reales , with 5 pesetas equal to 1 sol .
A team of archeologists have discovered the ruins of what appears to be a 4,000-year-old ceremonial temple buried in a sand dune of northern Peru, alongside skeletal human remains which may have ...
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