Currency of Colombia peso was made .900 fine. The peso de oro was set at 1.612 g .900 fine (equal to the décimo de cóndor of 1867 and the peso of 1857). Copper was made legal tender to 50 centavos per transaction, altered in 1872 to 50 centavos for every 50 pesos in gold or silver (equivalent to 1% per transaction). A law of May 5, 1872 divided the peso de oro into 100 centavos. The fall in the world price of silver from 1872 on broke the 15.5 ratio. Gold coin was undervalued in Colombia and tended to disappear from circulation. Currency
Digital gold currency Cheque, Money Order. Some exchangers also sell and fund pre-paid debit cards to make it easier for their clientele to convert DGC into an easily spendable form of national currency. DGCs are known as private currency as they are not issued by governments. Unlike the credit card industry, digital gold currency issuers generally do not have services to dispute or reverse charges. So, reversing transactions, even in case of a legitimate error, unauthorized use, or failure of a vendor to supply goods is difficult, if not impossible. This means that using digital gold currency is more akin to a cash