Currency of Venezuela liquidated in 1867. It issued notes for "5 pesos sencillos" (face, Spanish) or "5 dollars currency" (back, English), dated January 23, 1865. Treasury issued notes ("billetes de Tesoreria") for 5 pesos under an authorization of January 19, 1869. Venezolano = 100 Centavos (Céntimos, Centésimos) Conversion: 1 venezolano = 1 fuerte (peso fuerte) On March 29, 1871, all coin in circulation, whatever its condition, was declared legal tender so long as one of the two sides was clearly legible, A monetary law of May 11 then established the venezolano of 100 centavos as money of account and adopted the Latin Monetary
Currency of Venezuela Union system, based on the silver fuerte (venezolano de plata) of 25·000 g, 0·900 fine, and the gold venezolano of 1·6129 g, 0·900 fine. The 20-venezolano gold piece was named the "Bolívar". Coins were ordered from Paris; foreign coin was to remain in circulation until they arrived. New ratings were published July 2. From January 1, 1872 all accounts had to be converted and expressed in venezolanos and centavos. On February 13, 1874 the circulation of coin worn on both sides was prohibited and a new table of ratings for foreign coin was published. When the coinage of 1873–1874 was