The peso was a currency of Ecuador until 1884.
The peso was a currency of Ecuador until 1884.
Peso was the name of the 8 real coins circulating in Ecuador since the Spanish colonial period. In 1856, the currency was pegged to the French franc, with 1 peso = 5 francs. From 1862, paper money was issued denominated in reales and pesos. The peso was formally adopted as the currency of Ecuador in 1871, replacing the real at a rate of 1 peso = 8 reales. It was subdivided into 100 centavos. In 1884, the peso was replaced by the sucre at par.
The only coins issued between 1871 and 1884 were 1 and 2 centavos, struck in cupro-nickel at the Heaton mint in Birmingham. These coins continued to circulate after the sucre was adopted.
Paper money was only issued by private banks. The Banco Particular de Descuento I Circulación de Guayaquil issued notes between 1862 and 1866 in denominations of 2 and 4 reales, 1, 5, 10, 20, 50 and 100 pesos. The Banco del Ecuador issued denominations of 2 and 4 reales, 1, 4, 5 and 10 pesos between 1868 and 1887. Some 1 and 5 peso notes were later overprinted for use as 80 centavo and 4 sucre notes, due to a conversion rate of 5 pesos = 4 sucres for the notes of this bank.
The Banco de Circulación y Descuento issued 4 real and 1, 4, 5, 10 and 20 peso notes in the 1860s, whilst the Banco Nacional issued notes in the 1870s in denominations of 2 and 4 reales, 1, 5, 10, 20 and 100 pesos. The Banco de Quito issued notes in denominations of 2 reales, 1, 5, 10, 20 and 100 pesos between 1874 and 1880, the Banco de la Unión issued notes between 1882 and 1893 in denominations of 1, 5, 10, 20 and 100 pesos, and the Banco Anglo-Ecuatoriano issued notes in 1884 for 1, 5 and 10 pesos.
The peso is the currency of Argentina since 1992, identified within Argentina by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies. It is subdivided into 100 centavos, but due to rapid inflation, coins and notes with a value lower than 500 pesos are now rarely used. Its ISO 4217 code is ARS. It replaced the austral at a rate of 10,000 australes to one peso.
The Sucre was the currency of Ecuador between 1884 and 2000. Its ISO code was ECS and it was subdivided into 10 decimos and 100 centavos. The sucre was named after Latin American political leader Antonio José de Sucre. The currency was replaced by the United States dollar as a result of the 1998–99 financial crisis.
The sol, later sol de oro, was the currency of Peru between 1863 and 1985. It had the ISO 4217 currency code PES. It was subdivided into 10 dineros or 100 centavos. It also had two different superunits over its circulation life, the inca (1881–1882) and later the gold pound, both worth 10 soles.
The Colombian peso is the currency of Colombia. Its ISO 4217 code is COP. The official peso symbol is $, with Col$. also being used to distinguish it from other peso- and dollar-denominated currencies.
The Cuban peso also known as moneda nacional, is the official currency of Cuba.
The Dominican peso, officially the peso dominicano since 2010, is the currency of the Dominican Republic. Its symbol is "$", with "RD$" used when distinction from other pesos is required; its ISO 4217 code is "DOP". Each peso is divided into 100 centavos ("cents"), for which the ¢ symbol is used. With exception of the United States dollar, it is the only currency that is legal tender in the Dominican Republic for all monetary transactions, whether public or private.
The boliviano is the currency of Bolivia. It is divided into 100 cents or centavos in Spanish. Boliviano was also the name of the currency of Bolivia between 1864 and 1963. From April 2018, the manager of the Central Bank of Bolivia, Pablo Ramos, announced the introduction of the new family of banknotes of the Plurinational State of Bolivia, started with the 10 Bs note, and then gradually arrived to introduce the 200 Bs note, presented in April 2019. The new family of banknotes of the Plurinational State received several awards such as "the best banknotes in Latin America", was highlighted by its security measures, its aesthetics and its inclusion of prominent figures in Bolivian history, being among those who awarded the "Latin American High Security Printing Press Conference".
The colón is the currency of Costa Rica. It was named after Christopher Columbus, known as Cristóbal Colón in Spanish. A colón is divided into one hundred céntimos.
The peso was the currency of Paraguay between 1856 and 1944. It replaced the real at a rate of 8 reales = 1 peso. Until 1870, the peso was subdivided into 8 reales. Paraguay then decimalized, with 100 centésimos = 1 peso. The name of the subdivision was changed to centavo in 1874. The peso was replaced in 1944 by the guaraní at a rate of one hundred to one.
The peso was the currency of Costa Rica between 1850 and 1896. It was initially subdivided into 8 reales and circulated alongside the earlier currency, the real, until 1864, when Costa Rica decimalized and the peso was subdivided into 100 centavos. The peso was replaced by the colón at par in 1896
The peso was the currency of Guatemala between 1859 and 1925.
The peso was a currency of Venezuela until 1874. It was subdivided into 10 reales, each of 10 centavos.
The real was the currency of Argentina until 1881. From 1822, it was subdivided into 10 décimos. The sol was also issued during this period and was equal to the real, whilst the peso was worth 8 reales and the escudo was worth 16 reales.
The peso was the currency of El Salvador between 1877 and 1919.
The real was the currency of Ecuador until 1871. There were no subdivisions but 16 silver reales equalled 1 gold escudo, with the 8 reales coin known as a peso.
The peso moneda nacional was the currency of Argentina from 5 November 1881 to 1 January 1970, the date in which the peso ley 18.188 was issued to the Argentine public. It was subdivided into 100 centavos, with the argentino worth 5 pesos. The peso was introduced to replace the Argentine peso moneda corriente at a rate of $+m⁄c 25 = m$n 1.
This is an outline of Uruguay's monetary history. For the present currency of Uruguay, see Uruguayan peso.
Currency in Colombia denotes the ingots, coins, and banknotes that have been used in Colombia since 1622. It was in that year, under a licence purchased from King Philip III of Spain, that Alonso Turrillo de Yebra established a mint at Santa Fe de Bogotá and a branch mint at Cartagena de las Indias, where gold cobs were produced as part of Colombia's first currency. Silver milled coins date from 1627. In 1831, Gran Colombia dissolved into Venezuela and New Granada. In 1836, in New Granada, new monetary laws were passed, to standardise the money produced in the country. From 1861 to 1862, due to financial instability, the United States of New Granada accepted British currency, the name of the country becoming the United States of Colombia in 1862. In 1880, Colombia pegged the peso to the gold standard due to the falling price of silver. In 1886, the paper peso was introduced. In 1931, Colombia abandoned the gold standard and switched to the current form of the peso.
This article provides a historical summary of the currency used in Ecuador. The present currency of Ecuador is the United States dollar.
The Chilean peso was the legal tender of Chile from 1817 until 1960, when it was replaced by the escudo, a currency that was itself replaced in 1975 by a new peso.
