| real peruano (Spanish) | |||||
|---|---|---|---|---|---|
| |||||
| Unit | |||||
| Plural | reales | ||||
| Denominations | |||||
| Superunit | |||||
| 16 | escudo | ||||
| 8 | peso | ||||
| Demographics | |||||
| Date of withdrawal | 1863 | ||||
| Replaced by | Peruvian sol | ||||
| User(s) |  Peru | ||||
| Valuation | |||||
| Value | 10 reales = 1 sol | ||||
| This infobox shows the latest status before this currency was rendered obsolete. | |||||
The real was the currency of Peru until 1863. Sixteen silver reales equalled one gold escudo. The silver coin of 8 reales was also known as the peso.
Initially, the Spanish colonial real was minted. This was replaced by Peruvian currency following liberation in 1826, although the first issues of the Peruvian Republic were made in 1822. The real was replaced in 1863 by the sol at a rate of 1 sol = 10 reales.
During the colonial period, silver coins were minted in denominations of 1⁄4, 1⁄2, 1, 2, 4 and 8 reales, with gold coins for 1⁄2, 1, 2, 4 and 8 escudos. In 1822, a provisional coinage was issued in the name of the Republic of Peru in denominations of 1⁄4 real, 1⁄8 and 1⁄4 peso (equal to 1 and 2 reales) and 8 reales. Except for the silver 8 reales, these coins were minted in copper. From 1826, a regular coinage was issued which consisted of the same silver and gold denominations as had been issued during the colonial period.
During the period 1836-1839, when Peru was part of the Peru-Bolivian Confederation, the States and then Republics of North and South Peru issued their own coins. North Peru issued 1⁄2, 1, and 8 reales, 1⁄2, 1, 2, 4 and 8 escudos whilst South Peru issued 1⁄2, 2, 4 and 8 reales, 1⁄2, 1 and 8 escudos.
In 1856, production of all coins ceased. Smaller 1⁄2 and 1 real coins were introduced in 1858 and 1859, respectively, along with 50 centimos in 1858 and then 25 and 50 centavos in 1859. Redesigned 4 and 8 reales coins were minted in 1862 and 1863. This transitional phase of coinage was replaced by a fully decimalized system in 1863.
Under the Protectoral Decree of General José de San Martín on December 14, 1821, the Emisión Bank was created, better known as the Bank of Emancipation (Banco de la Emancipación). It started to operate on February 7, 1822 but was closed by a decree of President José de la Riva Agüero on June 4, 1823, with public burning of the bills. The bank issued notes for 2 and 4 reales and 1 peso (8 reales).
The first private bank founded in Peru was the Banco La Providencia in September 1862. Between July 1863 and 1866, notes were issued for 5, 10, 25, 50, 100, 200 and 500 pesos. After 1867, the notes for 25 and 100 pesos were exchanged for 20 and 80 soles respectively.
The Banco del Perú (Bank of Peru) was established on May 23, 1863 and from August of the same year issued notes for 5, 10, 100 and 500 pesos. Since 1867, this bank has issued notes denominated in soles.
The London and South American Bank (later the London Bank of Mexico and South America) was a British bank founded in London in 1863 which opened its first subsidiary in August 1863 in Lima. It became the principal bank in South America and issued notes for 5, 25, 100 and 1000 pesos.
The peso is the currency of Chile. The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960. Its symbol is defined as a letter S with either one or two vertical bars superimposed prefixing the amount, $ or ; the single-bar symbol, available in most modern text systems, is almost always used. Both of these symbols are used by many currencies, most notably the United States dollar, and may be ambiguous without clarification, such as CLP$ or US$. The ISO 4217 code for the present peso is CLP. It was divided into 100 centavos until 31 May 1996, when the subdivision was formally eliminated. In February 2023, the exchange rate was around CLP$800 to US$1.
The svenska riksdaler was the name of a Swedish coin first minted in 1604. Between 1777 and 1873, it was the currency of Sweden. The daler, like the dollar, was named after the German Thaler. The similarly named Reichsthaler, rijksdaalder, and rigsdaler were used in Germany and Austria-Hungary, the Netherlands, and Denmark-Norway, respectively. Riksdaler is still used as a colloquial term for krona, Sweden's modern-day currency.
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.
Peso dominicano has been the name of the currency of the Dominican Republic since 2010. 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 rupia was the currency of Portuguese India sometime after 1668 until 1958. Prior to 1668, the currency unit was Xerafim. In 1666, the Portuguese administration struck a silver coin calling it double xerafin and this was declared equal to a rupia in circulation in India outside of Portuguese possessions. A xerafim was a convertible subunit of rupia, and it was unique to Portuguese colonies in India. One rupia equalled two xerafims.
The real was a unit of currency in Spain for several centuries after the mid-14th century. It underwent several changes in value relative to other units throughout its lifetime until it was replaced by the peseta in 1868. The most common denomination for the currency was the silver eight-realSpanish dollar or peso which was used throughout Europe, America and Asia during the height of the Spanish Empire.
The real was the unit of currency of Portugal and the Portuguese Empire from around 1430 until 1911. It replaced the dinheiro at the rate of 1 real = 840 dinheiros and was itself replaced by the escudo at a rate of 1 escudo = 1000 réis. The escudo was further replaced by the euro at a rate of 1 euro = 200.482 escudos in 2002.
The piastre de commerce was the currency of French Indochina between 1885 and 1954. It was subdivided into 100 cents, each of 2~6 sapèques.
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 silver real was the currency of the Spanish colonies in America and the Philippines. In the seventeenth century the silver real was established at two billon reales or sixty-eight maravedíes. Gold escudos were also issued. The coins circulated throughout Spain's colonies and beyond, with the eight-real piece, known in English as the Spanish dollar, becoming an international standard and spawning, among other currencies, the United States dollar. A reform in 1737 set the silver real at two and half billon reales or eighty-five maravedís. This coin, called the real de plata fuerte, became the new standard, issued as coins until the early 19th century. The gold escudo was worth 16 reales de plata fuerte.
The real was the currency of Colombia until 1837. No subdivisions of the real existed until after the real had ceased to be the primary unit of currency. However, 8 reales = 1 peso and 16 reales = 1 escudo.
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 real was a currency of Mexico, issued until 1897. There were 16 silver reales to 1 gold escudo, with 8 tlacos to the real. The peso, which circulated alongside the real and eventually replaced it, was equal to 8 reales.
The escudo was either of two distinct Spanish currency denominations.
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.
