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Boliviano (1864–1963)
The first boliviano was the currency of Bolivia from 1864 to 1963. Due to rising inflation, it was replaced with the '' peso boliviano'' at an exchange rate of bolivianos to peso. The peso was later replaced by the second Bolivian boliviano. History The first boliviano was introduced in 1864. It was equivalent to eight '' soles'' or half a '' scudo'' in the former currency. Initially, it was subdivided into 100 ''centécimos'' but this was altered to centavos in 1870. The name ''bolivar'' was used for an amount of ten bolivianos. The boliviano was initially pegged at a rate of 1 boliviano = 5 French francs. On December 31, 1908, the currency was put on a new gold standard, with bolivianos = 1 pound sterling (or 1s. 7.2d. sterling per boliviano). A series of devaluations relative to the pound followed: In 1940, multiple exchange rates to the U.S. dollar were established (40 and 55 bolivianos = 1 dollar). However, the boliviano continued to fall in value. In 1963, it was r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centavo
The centavo (Spanish language, Spanish and Portuguese language, Portuguese 'one hundredth') is a fractional monetary unit that represents one hundredth of a basic monetary unit in many countries around the world. The term comes from Latin ''centum'' (), with the added suffix ''-avo'' ('portion'). Coins of various denominations of centavos have been made from copper, stainless steel, aluminum-bronze, and silver. Circulating Places that currently use the centavo include: *Argentine peso *Bolivian boliviano *Brazilian real *Cape Verdean escudo *Colombian peso *Cuban peso *Dominican peso *East Timorese centavo coins *Ecuadorian centavo coins *Guatemalan quetzal *Honduran lempira *Macanese pataca#Coins, Macanese avos *Mexican peso *Mozambican metical *Nicaraguan córdoba *Philippine peso (''In English usage; céntimo, ''sentimo'' or ''céntimo'' is used in Tagalog language, Tagalog and Spanish language, Spanish respectively.'') File:50 Centavos (Philippines).jpg, 50 Philippine cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exchange Rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an Interbank lending market, interbank exchange rate of 141 Japanese yen to the United States dollar means that ¥141 will be exchanged for or that will be exchanged for ¥141. In this case it is said that the price of a dollar in relation to yen is ¥141, or equivalently that the price of a yen in relation to dollars is $1/141. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating exchange rate, floating, fixed exchange rate, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cupro-nickel
Cupronickel or copper–nickel (CuNi) is an alloy of copper with nickel, usually along with small quantities of other metals added for strength, such as iron and manganese. The copper content typically varies from 60 to 90 percent. ( Monel is a nickel–copper alloy that contains a minimum of 52 percent nickel.) Despite its high copper content, cupronickel is silver in colour. Cupronickel is highly resistant to corrosion by salt water, and is therefore used for piping, heat exchangers and condensers in seawater systems, as well as for marine hardware. It is sometimes used for the propellers, propeller shafts, and hulls of high-quality boats. Other uses include military equipment and chemical industry, petrochemical industry, and electrical industries. In decorative use, a cupronickel alloy called nickel silver is common, although it contains additional zinc but no silver. Another common 20th-century use of cupronickel was silver-coloured coins. For this use, the typical a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shilling
The shilling is a historical coin, and the name of a unit of modern currency, currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a Pound (currency), pound before being phased out during the 1960s and 1970s. Currently the shilling is used as a currency in five east African countries: Kenyan shilling, Kenya, Tanzanian shilling, Tanzania, Ugandan shilling, Uganda, Somali shilling, Somalia, and the ''de facto'' country of Somaliland shilling, Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Anglo-Saxon language, Anglo-Saxon phrase "Scilling", a monetary term meaning literally "twentieth of a pound", from the Proto-Germanic root :wikt:Reconstruction:Proto-Germanic/skiljaną, skiljaną meaning literally "to separate, split, divide", from :wikt:Reconstr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Standard
A gold standard is a backed currency, monetary system in which the standard economics, economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bolivian Scudo
The sol was the currency of Bolivia between 1827 and 1864. There were no subdivisions of the sol but 16 soles were equal to 1 escudo. The sol replaced the real at par and was replaced by the boliviano The boliviano (; sign: BsBanco Central de Bolivia. "Galeria de monedas y billetes''." Accessed 26 February 2011.Banco Central de BoliviaOfficial websiteAccessed 26 February 2011. ISO 4217 code: BOB) is the currency of Bolivia. It is divided int ... at a rate of 8 soles = 1 boliviano. Only coins were issued. Coins In 1827, silver , 1, 2, 4 and 8 soles were introduced. These were followed by gold 1 and 8 scudos in 1831 and , 2 and 4 scudos in 1834. Silver sol coins were issued in 1852 and 1853. References * External links History of Bolivian currency – Solat currency-history.info {{Bolivia-stub Currencies of Bolivia Modern obsolete currencies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bolivian Boliviano
The boliviano (; currency sign, sign: BsBanco Central de Bolivia. "Galeria de monedas y billetes''." Accessed 26 February 2011.Banco Central de BoliviaOfficial websiteAccessed 26 February 2011. ISO 4217 code: BOB) is the currency of Bolivia. It is divided into 100 Cent (currency), cents or centavos in Spanish. Boliviano was also the name of the currency of Bolivia Boliviano (1864-1963), between 1864 and 1963. From April 2018, the manager of the Central Bank of Bolivia, Pablo Ramos, announced the introduction of the new family of banknotes of the Bolivia, Plurinational State of Bolivia, started with the 10 Bs note, and then gradually arrived to introduce the 200 Bs note, presented in April 2019. The new family of banknotes of the Plurinational State received several awards such as "the best banknotes in Latin America", was highlighted by its security measures, its aesthetics and its inclusion of prominent figures in Bolivian history, being among those who awarded the "Latin Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bolivia
Bolivia, officially the Plurinational State of Bolivia, is a landlocked country located in central South America. The country features diverse geography, including vast Amazonian plains, tropical lowlands, mountains, the Gran Chaco Province, warm valleys, high-altitude Andean plateaus, and snow-capped peaks, encompassing a wide range of climates and biomes across its regions and cities. It includes part of the Pantanal, the largest tropical wetland in the world, along its eastern border. It is bordered by Brazil to the Bolivia-Brazil border, north and east, Paraguay to the southeast, Argentina to the Argentina-Bolivia border, south, Chile to the Bolivia–Chile border, southwest, and Peru to the west. The seat of government is La Paz, which contains the executive, legislative, and electoral branches of government, while the constitutional capital is Sucre, the seat of the judiciary. The largest city and principal industrial center is Santa Cruz de la Sierra, located on the Geog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centesimo
Centesimo (; : ''centesimi''; ; : ''centésimos'') is a currency unit equivalent to cent, derived from the Latin ''centesimus'' meaning "hundredth". In Italy it was the division of the Italian lira. Currencies that have centesimo as subunits include: Circulating * Euro cent (in Italian, see Language and the euro) * Panamanian balboa * Swiss franc (in Italian, see Rappen) * Uruguayan peso Obsolete * Boliviano (1864–1963) * Chilean escudo * Dominican franco * Eritrean tallero * Italian lira * Lombardo-Venetian lira * Luccan franc * Neapolitan lira * Papal lira * Paraguayan peso * Parman lira * Sammarinese lira * Sardinian lira * Somalo The Somalo (plural: Somali, صومالي) was the currency of the Trust Territory of Somaliland administered by Italy between 1950 and 1960. The "Somalo" remained officially in use in the newly created Somali Republic until 1962. It was subdivi ... * Vatican lira References Coins of Italy Cent (currency) {{Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
