Currency of Colombia Notes of a new design appeared in 1888 for 10 centavos and 1, 5, 10, 50, and 100 pesos, with 25 and 1000 added in 1895. During the civil war the government issued 28 new Banco Nacional note types and overprinted about 48 different private banknotes for circulation. Copper-nickel coin dated 1886–1902 Silver .666 fine dated 1897 or 1902 Silver .500 fine dated 1887–1888 Silver .835 fine dated 1889–1908 Peso oro = 100 Centavos Conversion: 1 peso oro = 100 paper pesos The conversion of paper into gold began 18 May 1905, at 100 paper pesos for one gold peso,
Global silver trade from the 16th to 18th centuries to coins in the early period of the Ming Dynasty. The Ming paper currency eventually failed due to self-imposed inflation along with an inability to stop the production of counterfeit bills. The Ming attempted to produce copper coins as a new form of currency, but production was inconsistent. Hence silver became of high value because it was a valid currency that could be processed abroad. The bimetallic ratio of silver to gold was about two to one, which meant that European and Japanese merchants made a large amount of profit. In the 1640s, the bimetallic ratios in China converged with