Convert Peruvian Nuevo Sol to Bitcoin
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Bitcoin [BTC], or Convert Bitcoin to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Bitcoin
1 PEN = 421034.117491363 BTC
Example: convert 15 PEN to BTC:
15 PEN = 15 × 421034.117491363 BTC = 6315511.76237044 BTC
Peruvian Nuevo Sol to Bitcoin Conversion Table
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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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.