PEN

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PEN

The ISO 4217 currency code for the Peruvian Nuevo Sol.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Guitarist Kimpton beat band-mate Ben to death' He signs off with four kisses to pen-pal he calls 'babe'' He boasts he'll be famous one day...'like James Blunt'' Kimpton before he was jailed' Victim...Ben Williams
The pen-pal activity also could be presented to students as an opportunity to learn what mathematics looks like in another grade level or as an opportunity to help others and themselves learn how to better explain their mathematical ideas.
``They enjoy writing to their pen-pals enormously and it's always good fun when we get together.''
Participating teachers say kids enjoy the pen-pal writing assignments as much as the student-directed get-togethers.
Mrs Evans has acted as an unofficial ambassador for Liverpool during the pen-pal friendship with Prince Leonard and his wife, Princess Shirley.
While out there, she hopes to set up pen-pal links between her former school and schools in Ecuador.
A brief mention about liking pen-pals to correspond with was overwhelming; so much so that I had to decide what I needed to do.