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 ?
BARRY Nicholson says he is on the verge of putting pen to paper and signing for Aberdeen.
However, it has been suggested that Dowie has stalled on actually putting pen to paper as he thrashes out some ``non-football issues''.
The England Under-21 international jetted off to the Blues' pre-season training camp in Italy after putting pen to paper on a five-year contract yesterday following his pounds 6million move from West Ham.
WALES soccer boss Mark Hughes is close to putting pen to paper on a full-time contract, writes Mark Bloom.