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,
Currency of Ecuador The color of the 1-sucre note was changed in 1897, copper-nickel, dated 1884–1886 silver 900 fine dated 1884–1916 Sucre (S/.) = 10 Décimos = 100 Centavos The gold standard was adopted November 3, 1898, the gold coin to be called the "cóndor ecuatoriano", 8.136 g, 900 fine, with a value of 10 sucres. This made the sucre equal to 732.22382 mg fine gold or 2 shillings sterling. Gold par was 10 sucres per pound sterling, 2.055 per US$1, and 2.522 francs per sucre. Silver pieces were the peseta (2 décimos), the real or décimo (10 centavos), and the medio (5