The peso was the currency of Guatemala between 1859 and 1925.
The peso replaced the real , with 1 peso = 8 reales. In 1869, the centavo was introduced, worth one hundredth of a peso, but the real continued to be produced until 1912, when Guatemala fully decimalized. In 1870, the peso was pegged to the French franc at a rate of 1 peso = 5 francs. However, convertibility was suspended in 1895, and as more pesos were issued as fiat money, the peso's value fell considerably. The peso was replaced by the quetzal in 1925 at the rate of 60 pesos = 1 quetzal. [1]
Silver coins were initially issued in denominations of ¼, ½, 1, 2 and 4 reales and 1 peso, whilst gold coins were issued in denominations of 4 reales, 1, 2, 4, 8 and 16 pesos. With the introduction of the centavo in 1869, came denominations of 1, 25 and 50 centavos, 5, 10 and 20 pesos. 5 and 10 centavos coins were added in 1881.
Following the suspension of the peso's peg to the French franc and convertibility to silver, the issuance of silver coins ceased in 1900, as the currencies value fell. A 1 real nickel coin was issued until 1912. Between 1915 and 1923, provisional coins were issued, in denominations of 12½ and 25 centavos in 1915, and 50 centavos in 1922, and 1 and 5 pesos in 1923.
The quetzal is the currency of Guatemala, named after the national bird of Guatemala, the resplendent quetzal. In ancient Mayan culture, the quetzal bird's tail feathers were used as currency. It is divided into 100 centavos, or len in Guatemalan slang. The plural is quetzales.
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 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 austral was the currency of Argentina between June 15, 1985, and December 31, 1991. It was divided into 100 centavos. The symbol was an uppercase A with an extra horizontal line, (₳). This symbol appeared on all coins issued in this currency, to distinguish them from earlier currencies.
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 Nicaragua between 1878 and 1912. It was Nicaragua's first national currency, replacing the Central American Republic real and that of neighbouring states. It was subdivided into 100 centavos and when it was introduced, it was worth 8 reales, and had the same weight and mass as the peso fuerte, but due to recurrent devaluations, it was replaced by the córdoba at a rate of 12+1⁄2 pesos = 1 peso fuerte = 1 córdoba.
The piastre de commerce was the currency of French Indochina between 1887 and 1954. It was first used in 1885. It was subdivided into 100 cents, each of 2~6 sapèques.
The peso was the currency of El Salvador between 1877 and 1919.
The peso was a currency of Ecuador until 1884.
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.
The currency of Venezuela has been in circulation since the end of the 18th century. The present currency unit in Venezuela is the Venezuelan bolívar.
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.