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Peruvian Inti
The inti was the currency of Peru between 1985 and 1991. Its ISO 4217 code was ''PEI'' and its abbreviation was ''I/.'' The inti was divided into 100 céntimos. The inti replaced the inflation-stricken sol. The new currency was named after Inti, the Inca sun god. History The inti was introduced on 1 February 1985, replacing the sol which had suffered from high inflation. One inti was equivalent to 1,000 soles. Coins denominated in the new unit were put into circulation from May 1985 and banknotes followed in June of that year. By 1990, the inti had itself suffered from high inflation. As an interim measure, from January to July 1991, the "inti millón" (I/m.) was used as a unit of account. One inti millón was equal to 1,000,000 intis and hence to one new sol. The ''nuevo sol'' ("new sol") was adopted on 1 July 1991, replacing the inti at an exchange rate of a million to one. Thus: 1 new sol = 1,000,000 intis = 1,000,000,000 old soles. Inti notes and coins are no longer lega ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peruvian Sol (1863–1985)
The sol, later sol de oro (English: gold sol), was the currency of Peru between 1863 and 1985. It had the ISO 4217 currency code PES. It was subdivided into 10 ''dineros'' or 100 ''centavos''. It also had two different superunits over its circulation life, the inca (1881-1882) and later the gold pound (1898-1931, abbreviated ''Lp.''), both worth 10 soles. History The sol was introduced in 1863 when Peru completed its decimalization, replacing the ''real'' at a rate of 1 sol = 10 reales. The sol also replaced the Bolivian peso at par, which had circulated in southern Peru.The sol and the boliviano were both pegged at 5 French francs). Between 1858 and 1863, coins had been issued denominated in reales, centavos and escudos. The sol was initially pegged to the French franc at a rate of 1 sol = 5 francs (S/. 5.25 to £1 stg and S/. 1.08 to US$1). In 1880 and 1881, silver coins denominated in '' pesetas'', were issued, worth 20 centavos to the peseta. In 1881, the ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
