Convert Peruvian Nuevo Sol to Manx pound
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Manx pound [IMP], or Convert Manx pound to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Manx Pound
1 PEN = 4.80575442388221 IMP
Example: convert 15 PEN to IMP:
15 PEN = 15 × 4.80575442388221 IMP = 72.0863163582332 IMP
Peruvian Nuevo Sol to Manx Pound Conversion Table
| Peruvian Nuevo Sol | Manx pound |
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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.
Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.