You do know about Spain and Peru back in the day ?
" These arms were granted by the Spanish King in Valladolid on November 3, 1536. The blue field represents justice, beauty, sweetness, loyalty and perseverance. The red band stands for bravety, nobility, honour, generosity, joy and magnanimous spirit.
The three gold crowns represent the three magician kings of the bible and three Spanish catholic kings. The eight pointed star represents majesty, peace, greatness, prudence and fecundity. This is the Star of Bethelem that announced Christ's birth. The motto says in Latin "Hoc signum vere regum est" (This is the true signal of the kings). Lima was named by the Spanish conquerors as the King's City. The letters I and K stand for the Spanish Queen Johanna and King Carlos (Karolus). The two-headed eagle is the Spanish imperial eagle. "
I'm not jumping anywhere. I haven't said it couldn't be Peruvian when it could, for instance.