Convert Peruvian Nuevo Sol to Japanese Yen
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Japanese Yen [JPY], or Convert Japanese Yen to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Japanese Yen
1 PEN = 0.0242298639526204 JPY
Example: convert 15 PEN to JPY:
15 PEN = 15 × 0.0242298639526204 JPY = 0.363447959289306 JPY
Peruvian Nuevo Sol to Japanese Yen 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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.