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In my experiance, not only is the 1 centimo coin no longer used, but neither is the 5 centimo. I spent about 3 1/2 months in Peru, and the entire time I saw exactly two 5 centimo coins; both of them had been given as change at a casa de cambio in Lima's airport.
It is probably not an exaggeration to say that nearly every good or service that can be purchased in Peru has had its price rounded to the nearest 10 centimos.
They are now being used (all the ones I receive were minted in 2006). -- Aidanb 15:40, 28 May 2006 (UTC)
I removed this from the article because I think it is incorrect and it does not have a reference.
NOTE: While legally still in circulation, the 1 céntimo coin is hardly used anymore. The BCRP (Central Reserve Bank) has stopped minting of these coins and final costs in establishments are rounded down to the previous 10 céntimos since most do not hold 1 and 5 céntimo coins. This is largely because most cash registers have enough compartments to hold six or seven different coin denominations, so the smallest are discarded.
-- Aidanb 20:46, 3 June 2006 (UTC)
1 and 5 céntimos coins are very rarely used. But there was a private campaign, sometime in 2006, "Dame mi vuelto," ("Give me my change") to make people aware that these coins are real currency, and represent real money -- albeit in very small quantities.
The name of the campaign refers to a common retailer practice, of rounding up any cents amount to the nearest multiple of 10 céntimos -- the "de facto" smallest coin. Thus, a S/. 5.61 purchase becomes S/. 5.70, and the retailer "gets to keep" nine céntimos.
Eventually, people either forgot about the campaign, or simply got tired of carrying the smaller coins around. The campaign lasted only a few weeks, and I personally managed to gather a significant number of 1 céntimo, and 5 céntimos coins. They are on a jar, somewhere.
This is just to illustrate more reasons why the smaller coins aren't used. Just my two céntimos -- sorry, I couldn't resist.
kenohki 00:55, 5 May 2007 (UTC)
Is there a 200 soles bill? I've never heard of it.. -- Aidanb 20:47, 3 June 2006 (UTC)
Yes, though I cannot comment on how widely it circulates. Here is the reference (and a picture) from the Central Bank
http://www.bcrp.gob.pe/bcr/dmdocuments/Tesoreria/Billete/B200.pdf -- DavidCW 23:34, 5 July 2006 (UTC)
It's legal tender, and the banks and major retailers will normally accept them. But smaller retailers and the public in general view them with suspicion, and will not accept them.
It's not uncommon to see signs on businesses, stating that "we do not accept S/. 200 bills."
The picture on the 200 Nuevo Soles bill is that of
Saint_Rosa_of_Lima, by the way.
--
kenohki 01:02, 5 May 2007 (UTC)
Shouldn't subunits be called centimos and not centavos? ( 24.242.221.231 07:34, 10 April 2007 (UTC))
Just a heads up: This article is about the "Peruvian Sol," the Peruvian currency up until 1985. But the picture of the 1, 2, and 5 Peruvian Soles, actually depicts Nuevos Soles.
The picture would be best re-labeled, or replaced with a picture of "old" Soles coins, to avoid any confusion.
--
kenohki 01:11, 5 May 2007 (UTC)
I think that the article should be divide in two: silver sol and Gold sol.
Silver Sol or Sol de Plata, was the money from 1863 until 1898. After that, sol was only a 1/10 equivalent of the Peruvian Libra. I write an article in wiki in spanish about Sol de Plata. You can see here. Actually, i had many banknotes of sol de plata and all the banknotes of sol de oro.
Golden Sol or Sol de Oro was the money from 1931 until 1985. -- Ernesto Linares 23:47, 13 June 2007 (UTC)
The code is listed as PEN which is the same as the Preuvian Nuevo sol. According to the page http://en.wikipedia.org/wiki/Currency_code the code should be PEH. Can someone with more knowledge or access to the ISO website please resolve this? â Preceding unsigned comment added by 81.145.253.97 ( talk) 16:48, 18 January 2014 (UTC)
The result of the move request was: Moved Peruvian sol to Peruvian sol (1863â1985) and Peruvian nuevo sol to Peruvian sol. No such user ( talk) 08:22, 25 August 2016 (UTC)
Peruvian sol â
Peruvian sol (former) â Per
WP:COMMONNAME, I suggest redirecting "Peruvian sol" to the "Peruvian nuevo sol" article, since I suspect that the vast majority of such searches are for the modern currency (even if it is officially called the "nuevo sol"). The existing "Peruvian sol" article could be renamed as "Peruvian sol (former)", or similar.
Archon 2488 (
talk) 11:58, 18 August 2016 (UTC)
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In my experiance, not only is the 1 centimo coin no longer used, but neither is the 5 centimo. I spent about 3 1/2 months in Peru, and the entire time I saw exactly two 5 centimo coins; both of them had been given as change at a casa de cambio in Lima's airport.
It is probably not an exaggeration to say that nearly every good or service that can be purchased in Peru has had its price rounded to the nearest 10 centimos.
They are now being used (all the ones I receive were minted in 2006). -- Aidanb 15:40, 28 May 2006 (UTC)
I removed this from the article because I think it is incorrect and it does not have a reference.
NOTE: While legally still in circulation, the 1 céntimo coin is hardly used anymore. The BCRP (Central Reserve Bank) has stopped minting of these coins and final costs in establishments are rounded down to the previous 10 céntimos since most do not hold 1 and 5 céntimo coins. This is largely because most cash registers have enough compartments to hold six or seven different coin denominations, so the smallest are discarded.
-- Aidanb 20:46, 3 June 2006 (UTC)
1 and 5 céntimos coins are very rarely used. But there was a private campaign, sometime in 2006, "Dame mi vuelto," ("Give me my change") to make people aware that these coins are real currency, and represent real money -- albeit in very small quantities.
The name of the campaign refers to a common retailer practice, of rounding up any cents amount to the nearest multiple of 10 céntimos -- the "de facto" smallest coin. Thus, a S/. 5.61 purchase becomes S/. 5.70, and the retailer "gets to keep" nine céntimos.
Eventually, people either forgot about the campaign, or simply got tired of carrying the smaller coins around. The campaign lasted only a few weeks, and I personally managed to gather a significant number of 1 céntimo, and 5 céntimos coins. They are on a jar, somewhere.
This is just to illustrate more reasons why the smaller coins aren't used. Just my two céntimos -- sorry, I couldn't resist.
kenohki 00:55, 5 May 2007 (UTC)
Is there a 200 soles bill? I've never heard of it.. -- Aidanb 20:47, 3 June 2006 (UTC)
Yes, though I cannot comment on how widely it circulates. Here is the reference (and a picture) from the Central Bank
http://www.bcrp.gob.pe/bcr/dmdocuments/Tesoreria/Billete/B200.pdf -- DavidCW 23:34, 5 July 2006 (UTC)
It's legal tender, and the banks and major retailers will normally accept them. But smaller retailers and the public in general view them with suspicion, and will not accept them.
It's not uncommon to see signs on businesses, stating that "we do not accept S/. 200 bills."
The picture on the 200 Nuevo Soles bill is that of
Saint_Rosa_of_Lima, by the way.
--
kenohki 01:02, 5 May 2007 (UTC)
Shouldn't subunits be called centimos and not centavos? ( 24.242.221.231 07:34, 10 April 2007 (UTC))
Just a heads up: This article is about the "Peruvian Sol," the Peruvian currency up until 1985. But the picture of the 1, 2, and 5 Peruvian Soles, actually depicts Nuevos Soles.
The picture would be best re-labeled, or replaced with a picture of "old" Soles coins, to avoid any confusion.
--
kenohki 01:11, 5 May 2007 (UTC)
I think that the article should be divide in two: silver sol and Gold sol.
Silver Sol or Sol de Plata, was the money from 1863 until 1898. After that, sol was only a 1/10 equivalent of the Peruvian Libra. I write an article in wiki in spanish about Sol de Plata. You can see here. Actually, i had many banknotes of sol de plata and all the banknotes of sol de oro.
Golden Sol or Sol de Oro was the money from 1931 until 1985. -- Ernesto Linares 23:47, 13 June 2007 (UTC)
The code is listed as PEN which is the same as the Preuvian Nuevo sol. According to the page http://en.wikipedia.org/wiki/Currency_code the code should be PEH. Can someone with more knowledge or access to the ISO website please resolve this? â Preceding unsigned comment added by 81.145.253.97 ( talk) 16:48, 18 January 2014 (UTC)
The result of the move request was: Moved Peruvian sol to Peruvian sol (1863â1985) and Peruvian nuevo sol to Peruvian sol. No such user ( talk) 08:22, 25 August 2016 (UTC)
Peruvian sol â
Peruvian sol (former) â Per
WP:COMMONNAME, I suggest redirecting "Peruvian sol" to the "Peruvian nuevo sol" article, since I suspect that the vast majority of such searches are for the modern currency (even if it is officially called the "nuevo sol"). The existing "Peruvian sol" article could be renamed as "Peruvian sol (former)", or similar.
Archon 2488 (
talk) 11:58, 18 August 2016 (UTC)