Guatemalan peso
From Wikipedia, the free encyclopedia
The peso was the currency of Guatemala between 1859 and 1925.
[edit] History
The peso replaced the Central American Republic real, with 1 peso = 8 reales. In 1869, the centavo was introduced, worth one hundredth of a peso, but the real continued to be produced until 1912, when Guatemala fully decimalized. In 1870, the peso was pegged to the French franc at a rate of 1 peso = 5 francs. However, the peg was suspended in 1895 and the peso's value fell considerably. The peso was replaced by the quetzal in 1925.
[edit] Coins
Silver coins were initially issued in denominations of ¼, ½, 1, 2 and 4 reales and 1 peso, whilst gold coins were issued in denominations of 4 reales, 1, 2, 4, 8 and 16 pesos. With the introduction of the centavo in 1869 came denominations of 1, 25 and 50 centavos, 5, 10 and 20 pesos. 5 and 10 centavos coins were added in 1881.
Following the suspension of the peso's peg to the French franc, the issuance of silver coins ceased in 1900 as the currencies value fell. Between 1915 and 1923, provisional coins were issued, in denominations of 12½ and 25 centavos in 1915, and 50 centavos in 1922, and 1 and 5 pesos in 1923.
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Current | Argentine peso · Chilean peso · Colombian peso · Cuban peso · Cuban convertible peso · Dominican peso · Mexican peso · Philippine piso · Uruguayan peso |
Defunct | Argentine peso moneda nacional · Argentine peso ley · Argentine peso argentino · Bolivian peso · Costa Rican peso · Ecuadorian peso · El Salvadoran peso · Guatemalan peso · Guinea Bissau peso · Honduran peso · Nicaraguan peso · Paraguayan peso · Puerto Rican peso · Spanish peso · Venezuelan peso |