Convert Peruvian Nuevo Sol to Kyrgystani Som
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Kyrgystani Som
1 PEN = 0.040753884431574 KGS
Example: convert 15 PEN to KGS:
15 PEN = 15 × 0.040753884431574 KGS = 0.61130826647361 KGS
Peruvian Nuevo Sol to Kyrgystani Som Conversion Table
| Peruvian Nuevo Sol | Kyrgystani Som |
|---|
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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.