Convert Peruvian Nuevo Sol to Rwandan Franc
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Rwandan Franc [RWF], or Convert Rwandan Franc to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Rwandan Franc
1 PEN = 0.00245804153431758 RWF
Example: convert 15 PEN to RWF:
15 PEN = 15 × 0.00245804153431758 RWF = 0.0368706230147637 RWF
Peruvian Nuevo Sol to Rwandan Franc Conversion Table
| Peruvian Nuevo Sol | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.