Convert Peruvian Sol to Macedonian Denar

Convert Peruvian Sol (PEN) to Macedonian Denar (MKD) using daily updated exchange rates.

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Peruvian Sol (PEN)
Macedonian Denar (MKD)

Exchange Rate

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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.

About Macedonian Denar

The Macedonian Denar (MKD) has been the official currency of North Macedonia since 1992, replacing the Yugoslav dinar following the country's independence. The name "denar" derives from the ancient Roman silver coin "denarius". The National Bank of the Republic of North Macedonia manages monetary policy with a fixed exchange rate de facto pegged to the Euro. North Macedonia is a small Balkan country with an economy based on steel, iron, lead, zinc, manganese, chromite, and tungsten mining, as well as agriculture and light manufacturing.

Quick Reference Table

Peruvian Sol (PEN)Macedonian Denar (MKD)
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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).

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