Currency of Colombia but was received without limit by public offices. The law also made old Colombian coins legal tender at face value, and it prohibited the import of any silver coin less than .835 fine or any gold coin less than .900 fine. Gold and silver coin of France, Belgium, Italy, and Switzerland was accepted by public offices. In 1863 the Treasury issued notes for 5, 10, and 20 centavos and 1, 2, 5, 10, 20, and 50 pesos, adding a 3 peso note in 1869. The State of Panama issued notes between 1867 and 1880. A branch of the "London, México
Currency 5 khoums, while the Malagasy ariary is theoretically divided into 5 iraimbilanja. In these countries, words like "dollar" or "pound" "were simply names for given weights of gold." Due to inflation khoums and iraimbilanja have in practice fallen into disuse. (See non-decimal currencies for other historic currencies with non-decimal divisions.) Convertibility of a currency determines the ability of an individual, corporate or government to convert its local currency to another currency or vice versa with or without central bank/government intervention. Based on the above restrictions or free and readily conversion features, currencies are classified as: In economics, a local currency