Convert Peruvian Nuevo Sol to North Korean Won
Please provide values below to convert Peruvian Nuevo Sol [PEN] to North Korean Won [KPW], or Convert North Korean Won to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to North Korean Won
1 PEN = 0.003953 KPW
Example: convert 15 PEN to KPW:
15 PEN = 15 × 0.003953 KPW = 0.059295 KPW
Peruvian Nuevo Sol to North Korean Won Conversion Table
| Peruvian Nuevo Sol | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.