Convert Peruvian Nuevo Sol to Algerian Dinar
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Algerian Dinar [DZD], or Convert Algerian Dinar to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Algerian Dinar
1 PEN = 0.0273667336149211 DZD
Example: convert 15 PEN to DZD:
15 PEN = 15 × 0.0273667336149211 DZD = 0.410501004223817 DZD
Peruvian Nuevo Sol to Algerian Dinar Conversion Table
| Peruvian Nuevo Sol | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.