Currency of Colombia accepted by all tax offices. Notes were to be issued for 5, 10, 20, 25, 50, 75, 80, and 100 pesos, but this decree was revoked on 4 November 1846 by President Mosquera, and no notes were issued. Silver .666 fine, dated 1839–1846 The 1840s found the currency still in a chaotic state. Monetary legislation perpetuated the problem by equating nominal value with intrinsic value and treating a peso .666 fine the same as a peso .903 fine. This guaranteed that Gresham's law would come into play, despite a law (1844) prohibiting the export of gold and silver coin. Customs
Portuguese escudo Portuguese escudo The Portuguese escudo is the currency of Portugal prior to the introduction of the euro on 1 January 1999 and its removal from circulation on 28 February 2002. The escudo was subdivided into 100 "centavos". The word "escudo" means "shield". Amounts in escudos were written as "escudos" $ "centavos" with the "cifrão" as the decimal separator (e.g. "25$00" means $25.00, "100$50" means $100.50). Because of the conversion rate of 1000 réis = $1, three decimal places were initially used ($1 = 1$000). Escudo gold coinage was initially introduced in 1722 with denominations including escudo, 2, 4, and 8