- Salvadoran peso
Infobox Currency
currency_name_in_local = peso salvadoreño es icon
iso_code =
using_countries =El Salvador
subunit_ratio_1 = 1/100
subunit_name_1 =centavo
used_coins = 1, 3, 5, 10, 25, 50 centavos, 1 peso
used_banknotes = 1, 2, 5, 10, 25, 50, 100, 500 pesos
obsolete_notice = YThe peso was thecurrency ofEl Salvador between 1877 and 1919.History
The
peso replaced the Salvadoran andCentral American Republic real es, at a rate of 8 reales = 1 peso. Banknotes were issued from 1877. In 1889, El Salvador decimalized, with the peso subdivided into 100centavo s, and began to issue coins. The peso was initially pegged to theFrench franc , at a rate of 1 peso = 5 francs. The peso was replaced in 1919 by the colón, at par.Coins
The first decimal Salvadoran
coin s were issued in 1889. These were cupro-nickel 1 and 3 centavos. OnAugust 28 ,1892 , the Salvadoran mint was established and production ofsilver andgold coins denominated in centavos and pesos began. In addition to copper 1 centavo coins, there were silver 5, 10, 20 and centavos and 1 peso, and gold 2½, 5, 10 and 20 pesos, although the gold coins were only issued in very small numbers. In 1909, bronze ¼ real coins were issued in response to the continued use of the real currency system in parts of the country. Coins for 25 centavos were introduced in 1911. Production of silver coins was suspended in 1914.Banknotes
The government issued banknotes denominated in pesos in 1877, in denominations of 1, 2, 5, 10, 25, 50, 100 and 500 pesos. Following this, private banks issued notes until after the peso was replaced by the colón. These included the "Banco Agricola Comercial", the "Banco de Ahuachapam", the "Banco de Centro America y Londres", the "Banco Industrial del Salvador", the "Banco Internacional del Salvador", the "Banco Nacional del Salvador", the "Banco Occidental" and the "Banco Salvadoreño". Notes were issued in denominations of 1, 2, 5, 10, 25, 50, 100 and 500 pesos.
References
*numis cite SCWC|date=1991
*numis cite SCWPM|date=1990.sExternal links
Standard numismatics external links
world_coin_gallery_1_url = Elsalvador
world_coin_gallery_1_name = El Salvador
banknote_world_1_url = el_salvador
banknote_world_1_name = El Salvador
dollarization_1_url =
dollarization_1_name =
gfd_1_url = EL_SALVADOR
gfd_1_name = El Salvador
gfd_data_1_url = 6131
gfd_data_1_name = El Salvador peso
show_gfd_excel = Y
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