Peruvian Sol in Rwandan Franc

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.

RWF Rwandan Franc

Country of application:
Rwanda

Coin denominations in circulation:
1, 2, 5, 10, 20, 50 and 100 francs.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000 francs.

History reference:
The Rwandan franc or Rwandan franc is the national currency of Rwanda. In 1916, after the transfer of Rwanda from Germany to Belgium, instead of the rupee of German East Africa, the Belgian Congo fra...nc was introduced, in 1960 it was replaced by the franc of Rwanda and Burundi. In 1964, the latter, which was the common currency for Rwanda and Burundi, was replaced by the Rwandan franc. There is a proposal for a single currency, the new East African shilling, for the five member states of the East African Community. While this was originally planned to happen by the end of 2012, as of December 2020, the single currency has yet to be introduced.