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The real (plural: reales) was the currency of Venezuela until 1843.
| This article includes a list of general references, but it lacks sufficient corresponding inline citations .(June 2022) |
The real (plural: reales) was the currency of Venezuela until 1843.
Until 1821, the Spanish colonial real circulated in Venezuela. On 12 June 1802, [1] a mint was opened in Caracas and issued coins denominated in reales until 1821. Paper money was introduced in 1811 denominated in pesos. The Colombian real circulated in Venezuela from 1821, with some coins struck in Caracas. In 1837, the Colombian real was replaced by the Colombian peso (subdivided into 8 reales), which was itself replaced by the Venezuelan peso (subdivided into 10 reales) in 1842 (though it would take a year for the new coins to enter circulation, replacing the 1820s reales). The "real" moniker would continue to be used as a subdivision of the peso until 1863 when the last coin bearing "real" was struck.
From 1802, copper 1⁄8 and 1⁄4 real coins were issued. Silver 1 and 2 reales followed in 1810. In 1812, the Republican government issued copper 1⁄8 and 1⁄4 real and silver 1⁄2 and 1 real. From 1813, the provinces of Guayana and Maracaibo issued copper 1⁄8 and 1⁄4 real coins. The Royalists issued silver 1, 2 and 4 reales between 1817 and 1821. During the period Venezuela was part of Gran Colombia, silver 1⁄4 real coins were struck at Caracas.
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 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 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 rixdollar was the currency of British Ceylon until 1828. It was subdivided into 48 stivers, each of 4 duit. Units called the fanam and larin were also used, worth 4 and 9½ stiver, respectively. The currency derived from the Dutch rijksdaalder and stuiver, although the rijksdaalder was worth 50 stuiver.
The peso was a currency of Venezuela until 1874. It was subdivided into 10 reales, each of 10 centavos.
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 official currency of Gibraltar until 1825 and continued to circulate alongside other Spanish and British currencies until 1898.
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 peso was a currency of Ecuador until 1884.
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 Somali rupia was the currency in Italian Somaliland from 1909 to 1925. It was subdivided into 100 bese.
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.
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.
| Preceded by: Silver Real Reason: Establishment of local mint Ratio: 1 silver real = 1 real | Currency of Venezuela 12 June 1802 – 29 March 1842 (start of phaseout) | Succeeded by: Peso fuerte Reason: Establishment of national currency Ratio: 8 reales = 1 peso fuerte |
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