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He similarly came under scrutiny after declaring a 2008 taxable income of 670,000 pesos (around US$200,000) against 70 million pesos in exemptions, 30 million in inter vivos gifts to his children, and another 30 million in personal expenses. [97]
All banknotes except the provisional types show on the back an image of Liberty with a torch and shield. The provisional banknotes were produced from modified peso ley plates. On the obverses, the word PESOS were erased, whilst the reverse designs substituted the picture with the denomination written in words without spaces in several rows.
The 20,000 Colombian peso note ($20,000) is one of the notes in circulation in Colombia.It is about 143 × 66 millimeters and the predominant color is orange. The front features former Colombian president Alfonso López Michelsen and a sugar apple, while the reverse shows a sombrero vueltiao and the canals of La Mojana.
To serve as new pesos, old notes of 500, 1,000, 5,000, and 10,000 pesos were surcharged with a new denomination (½, 1, 5, and 10 nuevos pesos, respectively) and "Ley № 14.316" in a 24 mm circle, and put into circulation in July 1973. Definitive notes also appeared in 1975 for N$50 (16 December) and N$100 (25 November).
The rate changed to 1.71 pesos = 1 dollar in 1931, then to 3 pesos = 1 dollar in 1933. Between 1934 and 1939, the peso was pegged to sterling at a rate of 15 pesos = £1 stg (1 peso = 1s. 4d. stg). High inflation in the post-war period lead to the introduction of the peso ley 18.188 in 1970 at the rate of 100 pesos moneda nacional = 1 peso ley.
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Although the adoption of the peso to replace the colonial real dates back to 1817, with the beginning of the New Fatherland period, the Spanish currency system continued to be used, in which 8 reales were equal to 1 peso and 2 pesos to 1 escudo. In 1835, copper coins denominated in centavos were introduced, but it was not until 1851 that the ...
Booze makers are getting an early hangover after the US surgeon general called for the addition of a warning label to alcoholic drinks. On Friday, shares of beer and alcohol giants sank across the ...