Product Code Database
The sol (; plural: soles; currency sign: S/) is the currency of Peru; it is subdivided into 100 céntimos ("cents"). The ISO 4217 currency code is PEN.
The sol replaced the Peruvian inti in 1991 and the name is a return to that of Peru's historic currency, as the previous incarnation of sol was in use from 1863 to 1985. Although sol in this usage is derived from the Latin solidus (), the word also means "sun" in Spanish. There is thus a continuity with the old Peruvian inti, which was named after Inti, the Sun God of the .
At its introduction in 1991, the currency was officially called nuevo sol ("new sol"), until November 13, 2015, when Peru's Congress voted to rename the currency simply sol.
Due to the bad state of economy and hyperinflation in the late 1980s, the government was forced to abandon the inti and introduce the sol as the country's new currency.San José State University Department of Economics, The economic history and the economy of Peru. Retrieved on July 11, 2007. The new currency was put into use on July 1, 1991, by Law No. 25,295, to replace the inti at a rate of 1 sol to 1,000,000 intis, or one inti millón. Law No. 25.295, Unidad Monetaria Nuevo Sol, January 3, 1991 Coins denominated in the new unit were introduced on October 1, 1991, and the first banknotes on November 13, 1991. Since that time, the sol has retained an inflation rate of 1.5%, the lowest ever in either South America or Latin America as a whole. Banco Central de Reserva del Perú, Inflation Report, May 2007, Central Reserve Bank of Peru . Retrieved on July 11, 2007 Since the new currency was put into effect, it has managed to maintain an exchange rate between S/2.2 and S/4.13 per US dollar.
All coins show the coat of arms of Peru surrounded by the text Banco Central de Reserva del Perú ("Central Reserve Bank of Peru") on the obverse; the reverse of each coin shows its denomination. Included in the designs of the bimetallic coins S/2 and S/5 coins are the hummingbird and condor figures from the Nazca Lines. Banco Central de Reserva del Perú, Cono Monetario. Retrieved on July 14, 2007.
| 10 céntimos | 20.5 | 1.26 | 3.50 | Brass | Smooth | |
| 20 céntimos | 23 | 4.40 | ||||
| 50 céntimos | 22 | 1.65 | 5.45 | Cu–Zn–Ni | Reeded | |
| S/1 | 25.5 | 7.32 | ||||
| S/2 | 22.2 | 2.07 | 5.62 | Bimetallic Outside ring: Steel Centre: Cu–Zn–Ni | Smooth | |
| S/5 | 24.3 | 2.13 | 6.67 | Reeded (since 2009) |
A new series of banknotes was issued starting in 2021, beginning with the S/10 and S/100 notes in July 2021 and followed by the S/20 and S/50 notes in July 2022. A S/200 note was released in December 2023.
| S/10 | Green | |||||
| [4] | ||||||
| S/20 | Brown | |||||
| [5] | ||||||
| S/50 | Orange | |||||
| [6] | ||||||
| Pink | ||||||
| S/100 | Blue | |||||
| [7] | ||||||
| S/200 | Pink | |||||
| Gray | [8] | |||||
| Purple |
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