Convert Peruvian Nuevo Sol to Hong Kong Dollar
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Hong Kong Dollar
1 PEN = 0.453221738133456 HKD
Example: convert 15 PEN to HKD:
15 PEN = 15 × 0.453221738133456 HKD = 6.79832607200183 HKD
Peruvian Nuevo Sol to Hong Kong Dollar Conversion Table
| Peruvian Nuevo Sol | Hong Kong Dollar |
|---|
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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.