Convert Peruvian Nuevo Sol to Brazilian Real
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Brazilian Real [BRL], or Convert Brazilian Real to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Brazilian Real
1 PEN = 0.639069516795401 BRL
Example: convert 15 PEN to BRL:
15 PEN = 15 × 0.639069516795401 BRL = 9.58604275193102 BRL
Peruvian Nuevo Sol to Brazilian Real 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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.