Convert 1 Peruvian Nuevo Sol (PEN) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 21st May 2019 ( 21/05/2019 )
Below you will find the latest exchange rate for exchanging Peruvian Nuevo Sol (PEN) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Peruvian Nuevo Sol (PEN) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency of Peru is the Peruvian Nuevo Sol. The Nuevo sol is subdivided into 100 centimos. Tourists can exchange currencies in Peru at most major banks and through moneychangers. Care should be taken to ensure that an official moneychanger is being used. Badges and vests are worn by legal moneychangers and their fees are typically a bit lower than those charged by banks for exchanging foreign currency.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.