Currencies

Countries that use the Nuevo Sol

The Nuevo Sol was established in 1991 as an official national currency and is used only in Peru. 1 Sol is devided into 100 Céntimos.

ISO 4127:
PEN
Numeric:
604
Symbol:
S/.
1.00 Nuevo Sol = 0.30 US Dollar
(date: 08/18/2018)



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Exchange rate history 10 PEN in USD



Nuevo Sol as currency

CountryRegion
PeruSouth America




Currency reserves for the Nuevo Sol

According to the International Monetary Fund, the total broad money (M3) amounted to PEN 284.71 billion at the end of 2016. For currency hedging, reserves were held in a total amount of 208.59 billion Sols. This corresponds to a ratio of 1:1.4. Or in other words: 1 of 1 Sols is deposited with a countervalue, which is internationally already above average.

Approximately 4.7 billion Sols (2.3%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

Worldwide currency and gold reserves

US Dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United StatesNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Bonaire, Saint Eustatius and SabaCaribbean