Convert Peruvian Nuevo Sol to Solomon Islands Dollar
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Solomon Islands Dollar
1 PEN = 0.431733511316061 SBD
Example: convert 15 PEN to SBD:
15 PEN = 15 × 0.431733511316061 SBD = 6.47600266974091 SBD
Peruvian Nuevo Sol to Solomon Islands Dollar Conversion Table
| Peruvian Nuevo Sol | Solomon Islands Dollar |
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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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.