Currency of Uruguay issued a series of notes dated 25 August 1887, printed by Waterlow and Sons: 10, 20, and 50 centésimos and 1, 2, 5, 10, 20, 50, 100, 200, and 500 pesos "moneda nacional oro sellado" (national gold currency). Banco Nacional failed in the financial crisis of 1893. Its outstanding notes were redeemed by the government in 1896. The silver peso, 25·00 g, dated 1877 (300,000 pieces) was 0·917 fine but all subsequent issues were 0·900 fine (0·1 million 1878, 1·1 million 1893, 1 million 1895). The other silver coins, all 0·900 fine, were: 10c, 2·50 g (3 million 1877, 1
Digital gold currency use of the digital currency for daily monetary transactions, even though most of their normal income and expenses are denominated in the national currency of their home country. Fluctuations in the value of gold against their national currency can create some confusion and difficulty for new users as they see the "value" of their DGC account fluctuate in terms of their native currency. In contrast to exchange risk, caused by gold's fluctuation against national currency, the purchasing power of gold (and therefore DGCs) is measured by its fluctuation against other commodities, goods and services. Since gold has historically been the