Nicaraguan peso Nicaraguan peso The peso was the currency of Nicaragua between 1878 and 1912. It was Nicaragua's first national currency, replacing the Central American Republic real and that of neighbouring states. It was subdivided into 100 "centavos" and when it was introduced, it was worth 8 reales, and had the same weight and mass as the peso fuerte, but due to recurrent devaluations, it was replaced by the "córdoba" at a rate of 12½ pesos = 1 peso fuerte = 1 córdoba. In 1878, cupro-nickel 1 centavo coins were introduced, followed, in 1880, by silver 5, 10 and 20 centavos. In
Chinese Gold and Silver Exchange Society Chinese Gold and Silver Exchange Society The Chinese Gold and Silver Exchange Society is an organisation of gold trading firms in Hong Kong who are participants of the Chinese Gold and Silver Exchange, the first exchange in Hong Kong. The CGSES was formally established as an organisation in 1910. Its founders were immigrants from mainland China. It eventually stopped trading silver, but gold trading saw significant growth after 1974 when the government loosened legal restrictions, and by 1979 trading volume was roughly one million ounces per day, making it one of the world's four largest gold trading centres along with