Convert Peruvian Nuevo Sol to Bahamian Dollar
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Bahamian Dollar
1 PEN = 3.5577 BSD
Example: convert 15 PEN to BSD:
15 PEN = 15 × 3.5577 BSD = 53.3655 BSD
Peruvian Nuevo Sol to Bahamian Dollar Conversion Table
| Peruvian Nuevo Sol | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.