Hi!!
I found that the Law Nš 25295 from January, 1991 established as
monetary currency the Nuevo Sol in Peru.
The exchange ratio between yhe Inti and the Nuevo Sol is (as you stated):
1.00 Nuevo Sol = 1,000,000.00 Intis
http://www.bcrp.gob.pe/espanol/WTesoreria/normas-legales/ley_25295.htm
The exchange ratio between the Nuevo Sol and the US Dollar varies
slightly from one day to other, but it is in the range of the ratio
stated by you:
1.00 USD = 3.255 Nuevos Soles
or
1.00 Nuevo Sol = 1.00/3.255 USD = 0.30722 USD
"U.S. Dollar to Peruvian Nuevo Sol Exchange Rate - Yahoo! Finance":
http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=PEN
If 1.00 Nuevo Sol = 1,000,000.00 Intis, then:
1.00 Inti = 1.00 / 1,000,000.00 Nuevos Soles = 0.000001 Nuevos Soles
Then:
10.00 Intis = 10.00 * 0.000001 Nuevos Soles = 0,00001 Nuevos Soles
0,00001 Nuevos Soles = 0,00001 * 0.30722 USD = 0.0000030722 USD
So we have that:
10.00 Intis = 0.0000030722 USD (= 1/325,500 USD)
Note that you can buy a 10 intis bank note at 1.00 USD aprox. :
"Peru 10 Intis 1987 P-129":
http://www.mccrawstamps.com/product/BN_PERU_129
"eBay Item: 3972138478 (Ends 05-05-2005 12:13:48 MYT) - Peru 10 Intis
1987 Bank Note":
http://www.ebay.com.my/viItem?ItemId=3972138478
Search strategy:
inti "nuevo sol"
"nuevo sol" dollar
"10 intis bank note"
Hope that this helps you. Feel free to request for a clarification if you need it.
Regards.
livioflores-ga |