The sol (Spanish pronunciation: [sol]; plural: soles; currency sign: S/) is the currency of Peru; it is subdivided into 100 céntimos ("cents"). The ISO 4217 currency code is PEN.
The sol replaced the Peruvian inti in 1991 and the name is a return to that of Peru's historic currency, as the previous incarnation of sol was in use from 1863 to 1985. Although sol in this usage is derived from the Latin solidus (lit. 'solid'), the word also means "sun" in Spanish. There is thus a continuity with the old Peruvian inti, which was named after Inti, the Sun God of the Incas.
At its introduction in 1991, the currency was officially called nuevo sol ("new sol"), until November 13, 2015, when Peru's Congress voted to rename the currency simply sol.
Indonesian Rupiah
The rupiah (symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam (रूप्यकम्). Sometimes, Indonesians also informally use the word perak ('silver' in Indonesian) in referring to rupiah in coins. The rupiah is divided into 100 cents (Indonesian: sen), although high inflation has rendered all coins and banknotes denominated in cents obsolete.
The rupiah was introduced in 1946 by Indonesian nationalists fighting for independence. It replaced the Japanese-issued version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau Islands and the Indonesian half of New Guinea (Irian Barat) had their own variants of the rupiah in the past, but these were subsumed into the national rupiah in 1964 and 1971, respectively (see Riau rupiah and West Irian rupiah).
