Convert Peruvian Sol to South African Rand
Convert Peruvian Sol (PEN) to South African Rand (ZAR) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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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 South African Rand
The South African Rand (ZAR) is the official currency of South Africa, taking its name from the Witwatersrand (White Waters Ridge), the major gold reef that underpins the Johannesburg metropolitan area and made South Africa the world's leading gold producer for much of the 20th century. Introduced in 1961 when South Africa became a republic, the rand replaced the South African pound. The South African Reserve Bank (SARB) manages monetary policy with a floating exchange rate.
Quick Reference Table
| Peruvian Sol (PEN) | South African Rand (ZAR) |
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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).