Currency of Venezuela then closed for good (October 1830). copper: silver: Peso (Peso sencillo) = 8 Reales = 100 Centavos or 80 Centavos fuertes Peso fuerte = 10 Reales = 100 Centavos fuertes (from 1832) The currency in 1830 was chaotic. Circulation consisted of old silver macuquina minted at Caracas under both royalists and republicans and of silver and gold coin from the various American states, especially from Colombia. Good quality silver coin tended to disappear from circulation (being used to pay for imports). Macuquina and worn coin remained to serve retail trade. The government published a table December 30, 1830 fixing the
Plan for Establishing Uniformity in the Coinage, Weights, and Measures of the United States power "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures". In his first annual message to Congress (what later came to be called "State of the Union Addresses") on January 8, 1790 (a few months before Jefferson's report to the House of Representatives), George Washington stated, "Uniformity in the currency, weights, and measures of the United States is an object of great importance, and will, I am persuaded, be duly attended to." Washington repeated similar calls for action in his second and third annual messages (after Jefferson's report). Jefferson's decimal