Convert Peruvian Nuevo Sol to Australian Dollar
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Australian Dollar [AUD], or Convert Australian Dollar to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Australian Dollar
1 PEN = 2.32651059377452 AUD
Example: convert 15 PEN to AUD:
15 PEN = 15 × 2.32651059377452 AUD = 34.8976589066178 AUD
Peruvian Nuevo Sol to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.