Peruvian Sol in Hungarian Forint

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.

HUF Hungarian Forint

Country of application:
Hungary

Coin denominations in circulation:
5, 10, 20, 50, 100, 200 forints.

Denominations of banknotes in circulation:
500, 1,000, 2,000, 5,000, 10,000, 20,000 forints.

History reference:
The state monetary unit of Hungary is the Hungarian Forint (Hungarian Forint, international code - HUF). Used since 1946, before that the pengő was used as the Hungarian currency, which could not su...rvive the largest hyperinflation in history. Previously, forints had small change coins - fillers, but now they are out of circulation. When the Hungarian National Bank first issued the new currency, banknotes denoting 10 and 100 forints entered circulation. Each forint was subdivided into 100 fillers. Until 1991, following the inflationary processes, the National Bank expanded the available set of banknotes by issuing banknotes with a higher denomination. Later, it was decided to revise the design of the currency, and since 2001, on each banknote, on the one hand, a Hungarian statesman is depicted, and on the other, an event associated with his activities. It should be noted that there are no watermarks on the forints. Protection against counterfeiters is provided, first of all, by a holographic strip.