PEN

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PEN

The ISO 4217 currency code for the Peruvian Nuevo Sol.

PEN

ISO 4217 code for the Peruvian new sol. It was introduced in 1991, replacing the inti, which had replaced the first sol in 1985. It was issued to stem hyperinflation, which had plagued Peru in the late 1980s. Its inflation rate has historically been very low and it developed a reputation as a reliable South American currency.
References in periodicals archive ?
Orange Pen Design Company is a modern and contemporary furniture design firm which started in April 2012.
The 41 winning products ranged from a self-driven flying drone to an Android tablet hosting a 50 inch video projector, to biometric and voice print ID tools, to augmented reality glasses, to a sewing and embroidery system that can be guided with a pen design or used to copy a scanned sample pattern in cloth.