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
Venezuelan venezolano These were followed in 1875 by gold 5 venezolanos and in 1876 by cupro-nickel 1 and 2½ centavos. Banknotes were produced by the "Compañia de Crédito", the "Banco de Caracas" and the State of Guayana. Denominations included 50 centésimos and 1, 2, 4, 5, 8, 10, 20, 50 and 100 venezolanos Venezuelan venezolano The venezolano was the currency of Venezuela between 1872 and 1879. It was divided into 100 "centavos", although the names "céntimo" and "centésimo" were also used. Venezolano was also the name of two currencies planned in 1854 and 1865 (see Currency of Venezuela). Given the inability of