Peruvian Sol

The Peruvian sol continues the 1991 monetary unit under its shorter 2015 name, combining institutional continuity with a renewed visual language of culture and biodiversity.

Quick Facts

Country: Peru

Code: PEN

Symbol: S/

System: Decimal (1 Sol = 100 Céntimos)

Status: In circulation

Issuer: Central Reserve Bank of Peru

The Story of the Peruvian Sol

The sol became the official name of Peru’s monetary unit on 15 December 2015, replacing the name Nuevo Sol. The legal change did not create a new value or conversion rate: balances, coins and banknotes continued within the same PEN currency system.

The distinction is nevertheless useful for collectors and content architecture. Peruvian Nuevo Sol describes the original 1991–2015 naming period, while Peruvian Sol is the canonical current page for issues released under the shorter name and symbol S/.

The Central Reserve Bank of Peru remains the issuing authority. Earlier banknote designs continued during the transition, and a new family introduced from 2021 expanded the visual programme with figures from literature, music, science and social history paired with native flora and fauna.

The sol remains in circulation and is divided into 100 céntimos. Its continuity demonstrates that a currency name can change without redenomination, issuer replacement or cancellation of the underlying monetary unit.

Design & Symbolism

The current Sol period contains two connected design layers. The long-running horizontal family uses major historical figures and heritage sites, continuing the banknote system introduced with the Nuevo Sol.

The newer family retains a horizontal obverse but turns the reverse vertically. Each denomination pairs a prominent Peruvian figure with a native species and plant, creating a structured relationship between cultural achievement and biodiversity.

The WorldBanknotes.eu 10 Soles 2022 note features Chabuca Granda on the obverse and combines the vicuña with the flor de amancaes on the reverse. Modern security elements, tactile marks and colour-shifting features are integrated without displacing the central narrative.

Archaeological, ecological and artistic references give the currency a broad national scope. The designs move beyond a single political history and present Peru through people, landscapes, species and material heritage.

For collectors

The Peruvian Sol page should serve as the current currency hub and link to modern products such as the 10 Soles 2022. Collectors should still record the exact printed year, issue date, signature set and series because the 2015 name change did not coincide with one complete banknote replacement.

Nuevo Sol and Sol should be separate Currency pages for historical clarity, but they share ISO code PEN and no conversion was required between them. This is a naming transition rather than a redenomination.

The new portrait-and-biodiversity family offers a coherent modern collecting objective, while earlier designs provide continuity with the 1991 system. Together they show how one currency can preserve legal identity while changing its public visual language.

The Nuevo Sol was renamed Sol on 15 December 2015 with no redenomination; the PEN currency remains in circulation.

Explore the Peruvian Sol Banknotes Collection