Convert Peruvian Nuevo Sol to British Pound Sterling
Please provide values below to convert Peruvian Nuevo Sol [PEN] to British Pound Sterling [GBP], or Convert British Pound Sterling to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to British Pound Sterling
1 PEN = 4.80640367468252 GBP
Example: convert 15 PEN to GBP:
15 PEN = 15 × 4.80640367468252 GBP = 72.0960551202378 GBP
Peruvian Nuevo Sol to British Pound Sterling 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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.