PEN to IQD Exchange Rate - Convert Peruvian Nuevo Sol to Iraqi Dinar
PEN to IQD Exchange Rate - Convert Peruvian Nuevo Sol to Iraqi Dinar
Converting from Peruvian Nuevo Sol (PEN) to Iraqi Dinar (IQD)
What is Peruvian Nuevo Sol (PEN)
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, a country located on the western coast of South America. Introduced in 1991, the Nuevo Sol replaced the old sol at a rate of 1 new sol for 1,000 old soles, as part of an effort to stabilize the economy following hyperinflation in the late 1980s. The currency is subdivided into 100 céntimos, which is useful for smaller transactions.
The symbol for the Nuevo Sol is "S/," while the ISO code is PEN. The coins come in various denominations, including 5, 10, 20, and 50 céntimos, as well as 1, 2, and 5 nuevos soles. The banknotes are available in denominations of 10, 20, 50, 100, and 200 nuevos soles. The design of the currency features notable figures from Peruvian history, natural symbols, and important cultural references that represent the rich heritage of the country.
The value of PEN can fluctuate due to various factors, such as inflation rates, economic stability, and international trade. Individuals and businesses often convert PEN to other currencies for various reasons, including travel, online shopping, and investment.
What is Iraqi Dinar (IQD)
The Iraqi Dinar (IQD) is the official currency of Iraq, a country located in the Middle East. The dinar was first introduced in 1932, replacing the Indian rupee at a rate of 1 dinar for 1,000 rupees. Throughout its history, the dinar has gone through numerous changes, especially during periods of political and economic turmoil.
The symbol for the Iraqi Dinar is "ع.د" in Arabic, and its ISO code is IQD. The currency is subdivided into 1,000 fils, although the fils are rarely used in practice today. Coins are issued in low denominations, while banknotes are available in denominations of 1, 5, 10, 25, 50, and 100 dinars. The banknotes feature various historical figures, monuments, and cultural symbols, signifying Iraq's rich history and heritage.
The value of the IQD is influenced by several factors, including oil prices (as Iraq is a major oil producer), political stability, and foreign investment. Currency exchange rates can be volatile, so it is essential to stay updated on these changes for those looking to convert from one currency to another.
Converting PEN to IQD
If you're planning to convert Peruvian Nuevo Sol (PEN) to Iraqi Dinar (IQD), you will need to check the current exchange rate, as it varies from day to day. By using the formula:
AmountIQD = AmountPEN × Exchange Rate
Ensure that you are aware of any transaction fees that may apply during the conversion process, and consider using reliable currency exchange platforms for accurate and secure transactions.
Peruvian Nuevo Sol to Iraqi Dinar conversion table
PEN to IQD conversion table
| Peruvian Nuevo Sol (PEN) | Iraqi Dinar (IQD) |
|---|---|
| 1 PEN | 355.58284563788 IQD |
| 2 PEN | 711.16569127576 IQD |
| 3 PEN | 1 066.74853691363 IQD |
| 4 PEN | 1 422.33138255151 IQD |
| 5 PEN | 1 777.91422818939 IQD |
| 6 PEN | 2 133.49707382727 IQD |
| 7 PEN | 2 489.07991946515 IQD |
| 8 PEN | 2 844.66276510303 IQD |
| 9 PEN | 3 200.2456107409 IQD |
| 10 PEN | 3 555.82845637878 IQD |
| 100 PEN | 35 558.28456378782 IQD |
| 200 PEN | 71 116.56912757563 IQD |
| 300 PEN | 106 674.85369136345 IQD |
| 400 PEN | 142 233.13825515126 IQD |
| 500 PEN | 177 791.42281893908 IQD |
| 600 PEN | 213 349.70738272689 IQD |
| 700 PEN | 248 907.99194651471 IQD |
| 800 PEN | 284 466.27651030252 IQD |
| 900 PEN | 320 024.56107409034 IQD |
| 1 000 PEN | 355 582.84563787816 IQD |
| 2 000 PEN | 711 165.69127575631 IQD |
| 5 000 PEN | 1 777 914.22818939078 IQD |
| 10 000 PEN | 3 555 828.45637878156 IQD |
| 20 000 PEN | 7 111 656.91275756312 IQD |
| 50 000 PEN | 17 779 142.28189390781 IQD |
| 100 000 PEN | 35 558 284.56378781562 IQD |