Convert Kyrgystani Som to Peruvian Nuevo Sol
Please provide values below to convert Kyrgystani Som [KGS] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Kyrgystani Som.
How to Convert Kyrgystani Som to Peruvian Nuevo Sol
1 KGS = 24.5375382972145 PEN
Example: convert 15 KGS to PEN:
15 KGS = 15 × 24.5375382972145 PEN = 368.063074458217 PEN
Kyrgystani Som to Peruvian Nuevo Sol Conversion Table
| Kyrgystani Som | Peruvian Nuevo Sol |
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.