What is the currency of Peru?

Republic of Peru

The Republic of Peru is one of the countries located in the continent of South America, where it is located in the west, and in the borders with it and on its north in particular, we find Colombia, while Brazil is located in its east, all the way to Bolivia, which is located in its southeast, and Chile, which is located in its south, as well It overlooks the Pacific Ocean from its west.

Peru currency

The currency used in the state of Peru is known as the new Peruvian sol and is pronounced in the Spanish language Nuevo Sol Peruano, which is the special currency of Peru, and this is symbolized by the Sol SAnd the government abandoned the country's currency in the State of Peru because of what happened in the country in terms of inflation in the excessive value of cash, and that was in 1991 AD, and it is mentioned that this new state of the soul is enjoying a decrease in the value of its inflation.

The reason for the name beer

Peru is derived from the word Peru from a word biru It means the name of a local ruler who lived near San Miguel Bay in Panama in the early 16th century.

History of Peru

Peru was once the main home of one of the oldest civilizations in the world, Norte Chico, while it later became home to the Inca Empire, which was then considered one of the largest countries in the American continent, before Christopher Columbus discovered America, this entire region was occupied by the empire In 16 AD, Peru gained its independence from Spain, but it entered a state of political and financial turmoil, but it often overcame those turbulences and returned again to its stability and economic prosperity.

Peruvian population

Today, the population of the Republic of Peru is more than 29.500.000 people, and its people are a mixture of those who migrated to it from the continent of Europe, Africa, or Asia, in addition to its indigenous people, who are the Amerindians, the indigenous inhabitants of America, so we find in Peru a mixture of cultures and also in customs And traditions, which in turn led to a great diversity, whether in the field of literature or in the field of music, or in most of the existing arts, specifically the art of cooking, as a result of the multiplicity of kitchens.

Peru's economy

The economy in the State of Peru witnessed a great prosperity, especially in the last fifteen years, when the growth in the country was remarkable, which led to its global ranking forty-third among the countries of the world, according to Morgan Stanley Capital International, and this remarkable progress in the growth of Peru is due to the stability witnessed by all Its political, economic, and commercial fields in which the country lives.