Convert Bitcoin to Peruvian Nuevo Sol
Please provide values below to convert Bitcoin [BTC] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Bitcoin.
How to Convert Bitcoin to Peruvian Nuevo Sol
1 BTC = 2.37510443561742e-06 PEN
Example: convert 15 BTC to PEN:
15 BTC = 15 × 2.37510443561742e-06 PEN = 3.56265665342613e-05 PEN
Bitcoin to Peruvian Nuevo Sol Conversion Table
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.