Peruvian Sol in Trinidadian 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.

TTD Trinidadian Dollar

Country of application:
Trinidad and Tobago

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

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 dollars.

History reference:
The dollar (currency code - TTD) has been the official currency of the Republic of Trinidad and Tobago since 1964 (before that, the British West Indies dollar was in circulation in the country). The ...history of currency in the former British colony of Trinidad and Tobago is closely linked to the history of the British Eastern Caribbean territories as a whole. The first currency used was the Spanish dollar, also known as the "figure of eight", which began to circulate in the 16th century. Proposals for the establishment of landowner-oriented banks in the West Indies were made in 1661 by the British government and in 1690 by Sir Thomas Dalby. Despite this, and the Queen Annes Proclamation of 1704, which brought the West Indies on the gold standard, the eight silver coins (Spanish dollars and then Mexican dollars) continued to form the bulk of circulating currency well into the second half of the nineteenth century.