About the AUD/PEN rate
The AUD/PEN rate is how many PEN one Australian dollar buys. It moves constantly with interest-rate expectations, commodity prices and global risk sentiment - see what moves the rate. Tradergy shows the mid-market reference rate and does not forecast where it’s heading. For the 52-week highs and lows and a daily table, see the AUD/PEN rate history.
Where else this pair appears: the reverse rate, PEN → AUD, is on the receiving Peruvian sol view, and sending Australian dollars to Peru is covered on the AUD → PEN transfer page. Every AUD pair sits on the convert hub, and to work in more than one currency at once there is the currency converter.
Peru's two currency reforms, twenty-five years apart
Ley N.º 30381 changed the name of Peru's monetary unit and left its value alone. Promulgated on 13 December 2015 and published in El Peruano the following day, it amends six articles of the earlier monetary law so that every reference to the "Nuevo Sol" reads "Sol", keeping the division into one hundred centimos. The law provides for no conversion, sets no ratio, and orders no reissue.
The central bank's implementing circular is what proves the second half of that. Circular 047-2015-BCRP, published on 19 December 2015, sets the new denomination and the symbol S/ from 15 December, permits the old S/. and the new S/ to be used interchangeably in documents and transactions through 2016, and states that existing notes and coins denominated in nuevos soles continue to be of forced acceptance for all public and private obligations with the same legal effect as the current monetary unit. A one-year grace period on a punctuation mark was the whole transitional burden.
Peru has also done the expensive kind, and the contrast is instructive. Ley N.º 25295 of December 1990 created the nuevo sol divisible into one hundred centimos, and its article 3 set the conversion at one million intis to one nuevo sol. That law had to provide for rounding, for the central bank to keep issuing intis transitionally, and for inti currency to remain of forced acceptance until a withdrawal was announced.
The older units are finished. The Banco Central de Reserva del Peru states plainly that the previous monetary units, the inti and the sol de oro, have been withdrawn from circulation and have no legal tender value. It lists five circulating banknote denominations, from ten soles to two hundred.
Issuing them is a state monopoly exercised through the Bank. Article 42 of the Bank's Organic Law provides that the issue of banknotes and coins is the exclusive faculty of the State, exercised through the Bank, and article 43 makes those notes and coins of forced acceptance for the payment of any obligation, public or private. Article 45 requires their manufacture to be contracted by international invited tender.
Sources: Ley N.º 30381, Ley que cambia el nombre de la unidad monetaria de Nuevo Sol a Sol, Diario Oficial El Peruano · Circular 047-2015-BCRP, Diario Oficial El Peruano, 19 December 2015 · Ley N.º 25295, Unidad monetaria Nuevo Sol (Banco Central de Reserva del Peru) · Banco Central de Reserva del Peru, Familia de billetes · Banco Central de Reserva del Peru, Organic Law articles 2 and 42 to 45