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In 2018, the Congress of Colombia debated whether to redenominate the peso at a rate of 1,000 pesos = 1 new peso, removing three zeroes from its face value, in order to make accounting and banking operations easier. A new series of banknotes was introduced in 2016 with the last three zeroes of the denomination replaced by the word "mil ...
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.
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 20,000 Colombian peso note ($20,000) is one of the notes in circulation in Colombia.It is about 143 × 66 millimeters and the predominant color is orange. The front features former Colombian president Alfonso López Michelsen and a sugar apple, while the reverse shows a sombrero vueltiao and the canals of La Mojana.
500 mil (£P½) note issued by the Anglo-Palestine Bank in Tel Aviv in 1948. The Palestine pound, used as the currency of the British Mandate for Palestine from 1927 to 1948, was divided into 1,000 mils. Its successor currencies, the Israeli lira and the Jordanian dinar retained the 1 ⁄ 1000 division, respectively named the pruta and fils ...
1 January – The minimum wage in Colombia is raised from 1.3 million to 1.4 million Colombian pesos per month, a 9.54% rise. [1]3 January – Thirteen people die and 28 are injured after a bus carrying 42 people falls into a gorge while traveling on a road connecting Ipiales with Pasto in Nariño Department.
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