Convert Iraqi Dinar to Peruvian Nuevo Sol
Please provide values below to convert Iraqi Dinar [IQD] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Iraqi Dinar.
How to Convert Iraqi Dinar to Peruvian Nuevo Sol
1 IQD = 368.117772718329 PEN
Example: convert 15 IQD to PEN:
15 IQD = 15 × 368.117772718329 PEN = 5521.76659077494 PEN
Iraqi Dinar to Peruvian Nuevo Sol Conversion Table
Iraqi Dinar | Peruvian Nuevo Sol |
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
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.