Convert Peruvian Nuevo Sol to Ugandan Shilling
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Ugandan Shilling
1 PEN = 0.000997597320628065 UGX
Example: convert 15 PEN to UGX:
15 PEN = 15 × 0.000997597320628065 UGX = 0.014963959809421 UGX
Peruvian Nuevo Sol to Ugandan Shilling Conversion Table
| Peruvian Nuevo Sol | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.