Convert Singapore Dollar to Peruvian Nuevo Sol
Please provide values below to convert Singapore Dollar [SGD] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Singapore Dollar.
How to Convert Singapore Dollar to Peruvian Nuevo Sol
1 SGD = 0.35969868173258 PEN
Example: convert 15 SGD to PEN:
15 SGD = 15 × 0.35969868173258 PEN = 5.3954802259887 PEN
Singapore Dollar to Peruvian Nuevo Sol Conversion Table
| Singapore Dollar | Peruvian Nuevo Sol |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.