Currency of Colombia In 1881 it released notes for 1, 5, 10, 20, 50, and 100 pesos payable in current coin (moneda corriente). Notes for 20 and 50 centavos appeared in 1882, and new designs for 10 and 20 centavos and 1, 50, and 100 pesos in 1885. Silver .500 fine, 1885–1886 Gold .666 fine, 1885–1886 Decree 104 of 19 January 1886 adopted as the monetary unit the one peso note of Banco Nacional, effective 1 May. Decree 448 of 2 August 1886 equated the peso note ("billete de a peso") of Banco Nacional to silver coin .835 fine. The United States of
Portuguese Timorese escudo banknotes, below) may have been due to the exchange rate from the previous currency. The 10 and 30 centavos were struck in bronze, the 60 centavos and 1 escudo in cupro-nickel, and the 3 and 6 escudos in silver. In 1964, a silver 10 escudos was introduced, followed, in 1970, by more conventional denominations of 20 and 50 centavos, 1, 2½, 5 and 10 escudos. The 20 and 50 centavos and 1 escudo were struck in bronze, with the higher denominations struck in cupro-nickel. The first banknotes, dated 1959, were in denominations of 30, 60, 100 and 500 escudos. In