Peruvian Sol in Canadian Dollar

PEN Peruvian Sol

Country of application:
Peru

Coin denominations in circulation:
10, 20, 50 sentimo, 1, 2, 5 salts.

Denominations of banknotes in circulation:
10, 20, 50, 100 salts.

History reference:
The Peruvian Sol is the national currency of the Republic of Peru. Sol was introduced on February 14, 1863 as a result of a monetary reform to replace the old Spanish monetary system with a new natio...nal Peruvian one. Prior to that, from 1858 to 1863, Republican Peru issued denominations in reals, centavos and escudos. A decimal system was introduced, 1 new sol was equal to 10 old reais. Salt also replaced the Bolivian peso, which was common in the south of Peru, the exchange was made at the rate of 1.25 pesos per 1 new Peruvian salt. Initially, the new currency was pegged to the French franc: 1 sol was equal to 5 francs, about five sols were equal to the British sovereign.

CAD Canadian Dollar

Country of application:
Canada

Coin denominations in circulation:
2 and 1 dollar, 50, 25, 10 and 5 cents.

Denominations of banknotes in circulation:
100, 50, 20, 10 and 5 dollars.

History reference:
The Canadian dollar is the national currency and monetary unit of Canada. The country of currency circulation is Canada. The rate of the Canadian dollar is set during trading on the currency exchange... and is constantly changing. Its value depends on the balance of supply and demand. According to the accepted in the 70s. IMF Jamaican currency system, this method of determining the exchange rate is called free conversion. When, in 1759, part of the state was captured by British troops, more than 60 thousand people already lived in it, using French as their main language. Since 2011, this figure has exceeded seven million, and the language has become the second officially recognized state language. As a tribute to the traditional names of such colonies, most often the Quebecers, but also others, call banknotes plays (pesos), and change coins sous, instead of cents.