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Encyclopedia > Peruvian nuevo sol

Peruvian nuevo sol
nuevo sol peruano (Spanish)
A 100 sol bill Coins of 1, 2 and 5 nuevos soles
A 100 sol bill Coins of 1, 2 and 5 nuevos soles
ISO 4217 Code PEN
User(s) Peru
Inflation 2.1%
Source The World Factbook, 2006 est.
Subunit
1/100 céntimo
Symbol S/.
Plural nuevos soles
Coins 1, 5, 10, 20, 50 céntimos, 1, 2, and 5 nuevos soles
Banknotes 10, 20, 50, 100, 200 nuevos soles
Central bank Central Reserve Bank of Peru
Website www.bcrp.gob.pe

The nuevo sol (plural: nuevos soles) (S/.) is the currency of Peru. It is subdivided into 100 céntimos. The ISO 4217 currency code is PEN. Image File history File linksMetadata No higher resolution available. ... Image File history File linksMetadata Size of this preview: 799 × 599 pixelsFull resolution (1229 × 922 pixel, file size: 153 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... The céntimo was a currency unit of Spain and other countries which were historically influenced by Spain. ... Look up Plural in Wiktionary, the free dictionary Plural is a grammatical number, typically referring to more than one of the referent in the real world. ... The Central Reserve Bank of Peru (Spanish: ) is the Peruvian central bank. ... The céntimo was a currency unit of Spain and other countries which were historically influenced by Spain. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...


The name is a return to that of Peru's historic currency, the sol in use from the 19th century to 1985. Although the derivation of sol is from the Latin solidus, the name means sun in Spanish. There is a continuity therefore with the old Peruvian inti, which was named after Inti, the Sun God of the Incas. Centennial of the Battle of Callao in 1866 during the Chincha Islands War The sol, later known as the sol de oro, was the currency of Peru between 1863 and 1985. ... Solidus (Latin) is the name of a Roman coin during the Roman Empire. ... The inti was a currency adopted by Peru in mid-1985 during the García presidency, replacing the over-inflated sol. ... Inti or Sun of May of the flag of Argentina, 1818 In Inca mythology, Inti was the sun god, as well a patron deity of Tahuantinsuyu. ... A solar deity is a deity who represents the Sun. ... For other meanings of Inca, see Inca (disambiguation). ...

Contents

History

The nuevo sol was introduced on July 1, 1991 to replace the inti at a rate of 1 nuevo sol = 1,000,000 intis. Coins denominated in the new unit were introduced on October 1, 1991 and the first banknotes on November 13, 1991. is the 182nd day of the year (183rd in leap years) in the Gregorian calendar. ... Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display the 1991 Gregorian calendar). ... The inti was a currency adopted by Peru in mid-1985 during the García presidency, replacing the over-inflated sol. ... is the 274th day of the year (275th in leap years) in the Gregorian calendar. ... Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display the 1991 Gregorian calendar). ... is the 317th day of the year (318th in leap years) in the Gregorian calendar. ... Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display the 1991 Gregorian calendar). ...


The nuevo sol currently retains a low inflation rate of 1.6%.[citation needed] Since the new currency was put into effect, it has managed to maintain a stable exchange rate between 3.1 and 3.5 nuevo soles per United States dollar. ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...


Coins

The current coins were introduced in 1991 in denominations of 1, 5, 10, 20, and 50 céntimos and 1 nuevo sol. The 2 and 5 nuevos soles coins were added in 1994. Although 1 and 5 céntimo coins are officially in circulation, they are very rarely used and banks have ceased distributing them.[1]

Current Coins - Obverse
Current Coins - Obverse
Current coins - Reverse
Current coins - Reverse
Image Value Diameter Thickness Mass Composition Edge
1 céntimo 16 mm 1.05 mm 1.78 g Brass Smooth
1 céntimo 16 mm 0.82 g Aluminium Smooth
5 céntimos 18 mm 1.26 mm 2.70 g Brass Smooth
10 céntimos 20.5 mm 1.26 mm 3.50 g Brass Smooth
20 céntimos 23 mm 1.26 mm 4.40 g Brass Smooth
50 céntimos 22 mm 1.65 mm 5.45 g Cu-Zn-Ni Reeded
1 nuevo sol 25.5 mm 1.65 mm 7.32 g Cu-Zn-Ni Reeded
2 nuevos soles 22.2 mm 2.07 mm 5.62 g Bi-metallic
Outside ring: Steel
Centre: Cu-Zn-Ni
Smooth
5 nuevos soles 24.3 mm 2.13 mm 6.67 g Bi-metallic
Outside ring: Steel
Centre: Cu-Zn-Ni
Smooth

Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ...

Banknotes

In 1991, banknotes for 10, 20, 50 and 100 nuevos soles were introduced. 200 nuevos soles were added in 1995. See table below for more information on the individual notes.[2]

Image Value (S/.) Dimensions Main color Depictured figure
10 140 x 65 mm Green José Abelardo Quiñones Gonzalez
20 140 x 65 mm Orange Raúl Porras Barrenechea
50 140 x 65 mm Brown Abraham Valdelomar Pinto
100 140 x 65 mm Blue Jorge Basadre Grohmann
200 140 x 65 mm Pink Saint Rose of Lima
Current PEN exchange rates
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Image File history File links No higher resolution available. ... A millimetre (American spelling: millimeter, symbol mm) is an SI unit of length that is equal to one thousandth of a metre. ... Image File history File links No higher resolution available. ... A millimetre (American spelling: millimeter, symbol mm) is an SI unit of length that is equal to one thousandth of a metre. ... Raúl Porras Barrenechea was a Peruvian historian. ... Image File history File links No higher resolution available. ... A millimetre (American spelling: millimeter, symbol mm) is an SI unit of length that is equal to one thousandth of a metre. ... This article or section does not adequately cite its references or sources. ... Image File history File linksMetadata No higher resolution available. ... A millimetre (American spelling: millimeter, symbol mm) is an SI unit of length that is equal to one thousandth of a metre. ... Image File history File links No higher resolution available. ... A millimetre (American spelling: millimeter, symbol mm) is an SI unit of length that is equal to one thousandth of a metre. ... Saint Rose of Lima, (20 April 1586 - 30 August 1617), the first Catholic saint of The Americas, was born in Lima, Peru. ...

See also

This article is about the economy of Peru, a country in South America. ... The inti was a currency adopted by Peru in mid-1985 during the García presidency, replacing the over-inflated sol. ...

References

External links


  Results from FactBites:
 
Peruvian nuevo sol - Wikipedia, the free encyclopedia (248 words)
The sol (plural: "soles") (S/.) is the monetary unit (currency) of Peru.
The first sol was introduced in 1863 when Peru decimalized.
The nuevo sol ("new sol") was introduced in 1991 to replace the highly inflated inti.
sol: Information From Answers.com (278 words)
The nuevo sol ("new sol") was introduced in 1991 to replace the highly inflated inti that the country had adopted in mid-1985 because the old sol was inflated beyond use.
The ISO 4217 currency code is PEN (the old sol had the code PEH, and the inti was the PEI).
The name derives from historical use and divination of the sun (sol, in Spanish) as a symbol of power, also as a (not-so-)subtle way of connecting the new currency (nuevo sol) to the old inti currency, which was named after Inti, the Sun God of the Incas.
  More results at FactBites »

 

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