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On October 1, 1892, the government of President Carlos Ezeta, decided that the Salvadoran peso should be called the 'Colon', in homage to the discoverer of America. The colón replaced the peso at par in 1919. It was initially pegged to the U.S. dollar at a rate of 2 colones = 1 dollar. El Salvador left the gold standard in 1931 and its value ...
Banknotes were issued from 1877. The Salvadoran real continued to be used until 1889. In 1889, El Salvador decimalized, with the peso subdivided into 100 centavos, and began to issue coins. The peso was initially pegged to the French franc, at a rate of 1 peso = 5 francs. The peso was replaced in 1919 by the colón, at par.
Withdrawal of old notes of N$500 and under began immediately; notes of 1,000 up to 500,000 nuevos pesos remained legal tender (for 1 to 500 pesos uruguayos) until 28 February 2003. The first banknote denominated in pesos uruguayos moneda nacional, the $20 (dated 1994), did not appear in circulation until 22 February 1995. By the end of 1995 ...
The peso moneda nacional was replaced on 1 July 1975 by the nuevo peso (new peso; ISO 4217 code UYP) at a rate of 1 new peso for 1000 old pesos. The nuevo peso was also subdivided into 100 centésimos. After further inflation, the peso uruguayo (ISO 4217 code UYU) replaced the nuevo peso on March 1, 1993, again at a rate of 1 new for 1000 old.
The Central Reserve Bank of El Salvador (Spanish: Banco Central de El Salvador) is the central bank of El Salvador, which controls the currency rate and regulates certain economic activities within El Salvador. The bank was originally privately owned, but was brought under state control through The Law on the Reorganization of Central Banking.
District 3 is composed of Colonia Escalón, Colonia San Benito, Colonia Maqulishuat, and Escalón Norte, which are predominantly upper and upper-middle-class neighborhoods. The Bicentennial Park on Jerusalem Avenue was inaugurated on November 5, 2011, under the first administration of mayor Norman Quijano, and it is the largest metropolitan ...
The Centro Comercial Galerias is a shopping center in San Salvador, El Salvador. Among the mall's attractions is a mansion known as La Casona dating from the late 1950s and kept in perfect condition [citation needed], which was home to a family of Palestinian origin. It is the only mall to have such an attraction.
As a result, "Casa Presidencial" in El Salvador refers to several separate locations. One is the president's current official residence which is located on Avenida Masferrer (approx three blocks north of the Masferrer "redondel" or traffic circle) in the upper portion of Colonia Escalon (AKA Lomas Verdes).