Convert United Arab Emirates Dirham to Peruvian Nuevo Sol
Please provide values below to convert United Arab Emirates Dirham [AED] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Peruvian Nuevo Sol
1 AED = 1.03226803833938 PEN
Example: convert 15 AED to PEN:
15 AED = 15 × 1.03226803833938 PEN = 15.4840205750906 PEN
United Arab Emirates Dirham to Peruvian Nuevo Sol Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.