Convert Peruvian Nuevo Sol to Iraqi Dinar
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Iraqi Dinar
1 PEN = 0.00271652192344749 IQD
Example: convert 15 PEN to IQD:
15 PEN = 15 × 0.00271652192344749 IQD = 0.0407478288517123 IQD
Peruvian Nuevo Sol to Iraqi Dinar Conversion Table
| Peruvian Nuevo Sol | Iraqi Dinar |
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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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.