Convert Afghan Afghani to Peruvian Sol
Convert Afghan Afghani (AFN) to Peruvian Sol (PEN) using daily updated exchange rates.
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Exchange Rate
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About Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, reintroduced in 2002 after decades of conflict and monetary instability. The new afghani replaced the old afghani at a rate of 1,000 to 1, successfully reducing the denominations in circulation. Da Afghanistan Bank is the central bank responsible for its issuance. The afghani has experienced significant volatility in recent years due to political instability and international sanctions. The currency is divided into 100 pul, though pul coins are rarely used in practice due to their negligible value.
About Peruvian Sol
The Peruvian Sol (PEN) - formally the "nuevo sol" (new sun) - was introduced in 1991 as part of a sweeping economic stabilisation programme that ended hyperinflation, which had reached 7,000% annually under the previous inti currency. The name "sol" is the Spanish word for "sun" and reflects the ancient Inca sun deity Inti. The Banco Central de Reserva del Peru manages monetary policy with a managed float. Peru is one of South America's strongest economies and the world's second largest copper producer, as well as a major producer of gold, zinc, and silver.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).