Convert Australian Dollar to Peruvian Nuevo Sol
Please provide values below to convert Australian Dollar [AUD] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Australian Dollar.
How to Convert Australian Dollar to Peruvian Nuevo Sol
1 AUD = 0.42982825983079 PEN
Example: convert 15 AUD to PEN:
15 AUD = 15 × 0.42982825983079 PEN = 6.44742389746184 PEN
Australian Dollar to Peruvian Nuevo Sol Conversion Table
Australian Dollar | Peruvian Nuevo Sol |
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.