Peruvian Sol

Peruvian Sol

Peruvian Sol overview

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.

1 PEN to USD exchange rates chart

PEN to  exchange rates chart

Peruvian Sol 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
Copper Prices Are Likely To Continue To Soar
Copper Prices Are Likely To Continue To Soar

The ICSG expects global copper production to decrease 1.0% in output in 2017. The US dollar continues to depreciate against currencies of the three largest copp

over 1 year conditional positive
This Ancient Incan Corn Beer Might Bring You Closer to the Gods
This Ancient Incan Corn Beer Might Bring You Closer to the Gods

The rustic corn beer known as chicha de jora was once a sacred drink of the Incas, and it's still widely consumed in the Andean highlands, homebrewed by locals.

over 1 year conditional neutral
As Emerging Markets Retreat: 5 Currencies To Watch From Goldman

With the Fed's action widely anticipated and inflation risk, five EM currencies could be attractive, Goldman Sachs suggests.

over 1 year indicative negative
Peru Two drugs mule reveals the gifts creepy admirers sent to her prison cell
Peru Two drugs mule reveals the gifts creepy admirers sent to her prison cell

Michaella McCollum, 23, was jailed for trying to smuggle cocaine worth £1.5million into Spain but was caught at Lima Airport alongside accomplice Melissa Reid

over 1 year conditional positive

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