Convert Peruvian Nuevo Sol to Dominican Peso
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Dominican Peso [DOP], or Convert Dominican Peso to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Dominican Peso
1 PEN = 0.0589501416712233 DOP
Example: convert 15 PEN to DOP:
15 PEN = 15 × 0.0589501416712233 DOP = 0.88425212506835 DOP
Peruvian Nuevo Sol to Dominican Peso 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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.