Convert Peruvian Nuevo Sol to South Korean Won
Please provide values below to convert Peruvian Nuevo Sol [PEN] to South Korean Won [KRW], or Convert South Korean Won to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to South Korean Won
1 PEN = 0.00257324903050201 KRW
Example: convert 15 PEN to KRW:
15 PEN = 15 × 0.00257324903050201 KRW = 0.0385987354575301 KRW
Peruvian Nuevo Sol to South Korean Won Conversion Table
| Peruvian Nuevo Sol | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.