Convert Peruvian Nuevo Sol to Barbadian Dollar
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Barbadian Dollar
1 PEN = 1.77885 BBD
Example: convert 15 PEN to BBD:
15 PEN = 15 × 1.77885 BBD = 26.68275 BBD
Peruvian Nuevo Sol to Barbadian Dollar Conversion Table
Peruvian Nuevo Sol | Barbadian Dollar |
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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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.