Convert Peruvian Nuevo Sol to Salvadoran Colón
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Salvadoran Colón
1 PEN = 0.407089539216567 SVC
Example: convert 15 PEN to SVC:
15 PEN = 15 × 0.407089539216567 SVC = 6.1063430882485 SVC
Peruvian Nuevo Sol to Salvadoran Colón Conversion Table
| Peruvian Nuevo Sol | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.