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Ecuadorian peso

The peso was a currency of Ecuador until 1884. History 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. Coins 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. Banknotes Paper money was only issued by private banks. The Banco Particular de Descuento I Circulaci??n de Guayaquil issued notes between 1862 and 1866 in denominations...

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wikidata.org 0 views · 2024-12-26 21:26:07

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