Currency of Venezuela Currency of Venezuela This article provides a historical summary of the currency used in Venezuela since the end of the 18th century. For the present currency of Venezuela, see Venezuelan bolívar. Peso = 8 Reales (silver) Escudo = 2 Pesos (gold) History Venezuela shared the common Spanish-American monetary system, based on the silver peso and the gold escudo, current throughout Spanish America. Trade, especially in cacao, brought money to the colony in the late 17th century in the form of coin from the Mexico money supply increased significantly after the Compañía Guipuzcoana de Caracas obtained a trade monopoly in 1729,
Worshipful Company of Gold and Silver Wyre Drawers Worshipful Company of Gold and Silver Wyre Drawers The Worshipful Company of Gold and Silver Wyre Drawers is one of the Livery Companies of the City of London. The Gold and Silver Wyre Drawers were incorporated by Royal Charter in 1693; the City granted it the status of a Livery Company in 1780. The craft originally associated with the Company, namely the making of gold and silver thread for uniforms or ceremonial clothing, has declined but is still practised. Thus nowadays the Company functions mainly as a charitable body. The Gold and Silver Wyre Drawers' Company ranks seventy-fourth in the