Convert Peruvian Nuevo Sol to Swiss Franc
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Swiss Franc [CHF], or Convert Swiss Franc to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Swiss Franc
1 PEN = 4.47565731538558 CHF
Example: convert 15 PEN to CHF:
15 PEN = 15 × 4.47565731538558 CHF = 67.1348597307837 CHF
Peruvian Nuevo Sol to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.