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The Colombian peso (sign: $; code: COP) is the currency of Colombia. ... The Banco de la República introduced 200 and 1,000 peso oro notes in 1974 and 1979 ...
Currency in Colombia denotes the ingots, coins, and banknotes that have been used in Colombia since 1622. It was in that year, under a licence purchased from King Philip III of Spain, that Alonso Turrillo de Yebra established a mint at Santa Fe de Bogotá and a branch mint at Cartagena de las Indias, where gold cobs were produced as part of Colombia's first currency.
In March 2010, the production cost of a 20,000 Colombian peso note was estimated at 85 pesos. By comparison, 1,000 and 50,000 Colombian peso notes cost 57 and 103 pesos respectively. This difference can be explained by the fact that the higher the value of the note, the more security features are built into it, thus generating higher costs. [ 14 ]
The centavo (Spanish and Portuguese 'one hundredth') is a fractional monetary unit that represents one hundredth of a basic monetary unit in many countries around the world. [1]
The 50,000 Colombian peso note is the second highest denomination of Colombian currency.Designed by Óscar Muñoz, the front of the notes feature Jorge Isaacs and the heroine of his novel María, and the back of the notes feature an Albizia saman tree, two palm trees, an image of Isaacs' house El Paraiso, and an excerpt from María.
The peso is the monetary unit of several Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire , the word peso translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign , "$", was originally used as an abbreviation of "pesos" and later adopted by the ...
Banco de Circulación y Descuento de Manuel Antonio de Luzarraga, Guayaquil, issued Ecuador's first banknotes in 1859 in denominations of 1, 4, 5, 10, and 20 pesos. All its notes were redeemed. La Caja de Amortización, Guayaquil, opened in 1860, issuing notes for 5 and 10 pesos in the amount of 100,000 pesos. It closed in 1861.
Colombia, [b] officially the Republic of Colombia, [c] is a country primarily located in South America with insular regions in North America.The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuela to the east and northeast, Brazil to the southeast, Ecuador and Peru to the south and southwest, the Pacific Ocean to the west, and Panama to the northwest.