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 ?
After putting pen to paper, Sidoli said, 'I'm delighted to have signed the new contract and I'm happy with the way things are progressing here.
Sending letters into the Echo is easy, but try thinking before putting pen to paper.
He makes the point that good poetry is good poetry irrespective of style and draws real parallels between the different art forms, asking the reader to first look inside themselves before they think of putting pen to paper.
Putting pen to paper on a new contract until 2009 is the reward he deserves.