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Value, bordered with the words "Republic of Colombia" and the year of minting. 1,000 pesos 26.7 mm 2.7 mm 9.95 g Outer Ring: 92% copper 6% aluminium 2% nickel Centre Plug: 65% copper 20% zinc 15% nickel: Security The loggerhead sea turtle, its popular name, and scientific name. Value, bordered with the words "Republic of Colombia" and the year ...
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.
The name peso was given to the 8-real silver coin introduced in 1497, minted at 8 3 ⁄ 8 pesos to a Castilian mark (230.0465 grams) of silver 134/144 fine (25.56 g fine silver).
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A United States one-cent coin, also known as a penny. The cent is a monetary unit of many national currencies that equals a hundredth (1 ⁄ 100) of the basic monetary unit. The word derives from the Latin centum, 'hundred'. The cent sign is commonly a simple minuscule (lower case) letter c.
The printing of the notes of the Bank of the Republic of Colombia (Spanish: Imprenta de Billetes del Banco de la República de Colombia) was officially inaugurated on 23 October 1959, [5] and the 50,000 peso note was first printed in 2000. [6] The 50,000 peso note is the highest denomination of currency in Colombia, and measures 140mm by 70mm. [7]
The centavo (Spanish and Portuguese 'one hundredth') is a fractional monetary unit that represents one hundredth of a basic monetary unit in many countries around the world. [1] The term comes from Latin centum (lit. ' one hundred '), with the added suffix -avo ('portion').
At that time Colombia had about 5 million inhabitants, with a large number of people not able to read or write, and communications between Colombia and the rest of the world were limited to a few commercial companies. The main route to the ports was by boat on the Magdalena river and it took at least two weeks to reach the coast. The carrying ...