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La Moneda in Peru

1 .- What causes led to changes in currency in Peru?

- The causes are varied, first with the independence of Peru, Simón Bolívar gave a new coat to Peru, later when Peru was divided into two states, each manufactured its own currency. Then came the coins Febles Bolivian forced Peru to change base their monetary system 8 to the metric system, however, this system did not work and a law was passed, establishing the "Sun" as the new decimal currency, this change coincides with the period of boom Guanero.Años later, had another change due to the war with Chile, changing the "Inca Gold", which was not successful, appearing on "Golden Sun" but the law was changed to the "Inti", but the Inti was a large devaluation and there was the need to create a new monetary system, appearing and the "Nuevo Sol" (1).

(1) Museum Reserve Bank of Peru. "Coins of the Republic." Accessed 09/05/2005. Available at:
- http://museobcr.perucultural.org.pe/monrep.htm


(1)

* Copyright © 1996 Oscar Valdez Romero. "Numismatics Peruana". Available at: http://www.geocities.com/Athens/6237/perunet8.htm

*. "bimetal coins". Peru. Available at: http://ret001qm.eresmas.net/peru.htm

2 .- What are the major currencies in the commercial world?

are among the major currencies: the U.S. dollar, British pound, Euro, Swiss Franc, Yen, Canadian Dollar, Danish Krone, Norwegian and Swedish Kronor. These coins are considered the main, and that set the prices on the world market (2).

(2) © Banco de la Nación Argentina 2001. "Rates of major currencies." Accessed 09/05/2005. Available at:
- http://www.bna.com.ar/pymes/py_internacionales_cotizaciones.asp


1 º 2 º

1: Image taken from "Google ". Cosulta on 05/10/2005. Available at:
- http://students.washington.edu/cmr5/euro% 202.jpg

2: Image taken from "CB BUSINESSBANK." Cosulta on 05/10/2005. Available at:
- http://www.businessbank.md/attn_ru/168148/

3 .- The South American countries, are able to take the same coin?

- would be very difficult because the economic situation of South America, the instability of their governments and with so many economic crises, the possibility of a common monetary system is very difficult and tempting. However, the first thing you should do the South American economies is cleaning up its fiscal deficits, reduce debt and strengthen its democracy, as well as a comprehensive medium-binding term (3).

(3) Huaroto Ponce, Jorge Alejandro. Monografias.com. "Could there be an optimum currency area in South America?". Accessed 09/05/2005. Available at:
- http://www.monografias.com/trabajos17/area-monetaria-sudamerica/area-monetaria-sudamerica.shtml # conclu

4 .- In the century XX which is the currency that lasted more economic activities in Peru?

- The currency that has lasted into the twentieth century Peruvian economy was the "Sun", since, unlike intis pounds and lasted from 1933 to 1985, according to information from the Central Bank of Peru (4).

(4) Corrales César.PBS - Peruvian Banknotes Service. "Timeline for years." Accessed 05/10/2005. Available at:

- http://www.billetesdelperu.com/cronolog.html

BIBLIOGRAPHY:

-Museum Reserve Bank of Peru. "Coins of the Republic." Accessed 09/05/2005. Available at:

http://museobcr.perucultural.org.pe/monrep.htm

- © Banco de la Nación Argentina 2001. "Rates of major currencies." Accessed 09/05/2005. Available at: - http://www.bna.com.ar/pymes/py_internacionales_cotizaciones.asp

Huaroto -Ponce, Jorge Alejandro. Monografias.com. "Could there be an optimal currency area South America? ". Accessed 09/05/2005. Available at: - http://www.monografias.com/trabajos17/area-monetaria-sudamerica/area-monetaria-sudamerica.shtml # conclu

- Corrales César.PBS - Peruvian Banknotes Service. "Timeline for years." Accessed 5/10/1905. Available at:
- http://www.billetesdelperu.com/cronolog.html