Peruvian Sol

Peruvian Sol

The sol (Spanish pronunciation: [ˈsol]; plural: soles; currency sign: S/) is the currency of Peru; it is subdivided into 100 céntimos ("cents"). The ISO 4217 currency code is PEN. The sol replaced the Peruvian inti in 1991 and the name is a return to that of Peru's historic currency, as the previous incarnation of sol was in use from 1863 to 1985. Although sol in this usage is derived from the Latin solidus, the word also means "sun" in Spanish. There is thus a continuity with the old Peruvian inti, which was named after Inti, the Sun God of the Incas. At its introduction in 1991, the currency was officially called nuevo sol ("new sol"), but on November 13, 2015, the Peruvian Congress voted to rename the currency simply sol.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

2 Peruvian Sol to Australian Dollar exchange rates chart

2 PEN to AUD exchange rates graph
2 PEN to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 PEN to AUD exchange rates table

Exchange PEN to AUD
2 Peruvian Sol = 0.833 Australian Dollar
4 Peruvian Sol = 1.666 Australian Dollar
10 Peruvian Sol = 4.165 Australian Dollar
20 Peruvian Sol = 8.329 Australian Dollar
Exchange Peruvian Sol to Australian Dollar
2 Peruvian Sol to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

2 PEN to AUD exchange rates news

Peru's sol currency pares some losses on political crisis

Peru's sol currency strengthened 0.24 percent against the dollar in midday trading on Monday, paring some losses, due to a bid in Congress to unseat President Pedro Pablo Kuczynski over a graft scandal.

about 2 months conditional neutral
Walter Molano | Peru: Beset by drama

Peru is a mess. Well, not really.The economy is expected to grow only four per cent this year. Inflation is under two per cent. The sol devalued 1.8 per cent during the first 10 months of the year. The current account deficit is...

2 months indicative negative
Potatoes Were Not Just A Symbol Of The Elite In Ancient Peru, Archaeologists Find

A new method of analyzing ceramics yields evidence of widespread potato consumption among the Moche.

2 months indicative positive
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

6 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

17 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 1 month conditional neutral

2 PEN to AUD currency converter