Convert Peruvian Nuevo Sol to Egyptian Pound
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Egyptian Pound [EGP], or Convert Egyptian Pound to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Egyptian Pound
1 PEN = 0.072497228652473 EGP
Example: convert 15 PEN to EGP:
15 PEN = 15 × 0.072497228652473 EGP = 1.0874584297871 EGP
Peruvian Nuevo Sol to Egyptian Pound Conversion Table
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.