What currency is Peru’s official money, introduced in 1991 to replace the inti?

Peru’s official currency, introduced in 1991 to replace the inti, is the Peruvian sol.

The sol was introduced on 1 July 1991 during President Alberto Fujimori’s administration. It replaced the inti, which had suffered severe inflation. The new currency was initially called the nuevo sol, meaning “new sol,” and was divided into 100 céntimos.

The name revived Peru’s historical sol, used from the 19th century until 1985. In 2015, Peru officially shortened the name from nuevo sol to sol. The currency’s ISO 4217 code is PEN, while the symbol commonly used is S/.

A common mix-up is confusing Peru’s sol with Bolivia’s boliviano or Ecuador’s former sucre. Peru remains the country associated with the modern sol, while the historical Spanish word “sol” means sun.