Currency of Uruguay this period, but copper coins of the same design, denomination, and weight as those of 1854–1855 were minted at Lyon, with the date 1857: 5c (0·576 million), 20c (0·576 million), 40c (1·08 million). Doblón de oro = 10 Pesos plata = 1000 Centésimos (1863–1868) Peso = 100 Centésimos The National Currency Decree of 23 June 1862 (with effect from 1 January 1863) made the gold doblón and the silver peso the national currency ("moneda nacional"). It defined the doblón de oro (which replaced the onza de oro) as weighing 16·97 g, 0·917 fine (one gold peso equivalent to 1556·149 mg
Digital gold currency money as it directly represents gold metal on deposit or in custody. This depends on the issuer. Most issuers have the gold on deposit - i.e., the issuer will redeem the digital currency obligation with physical metal. Just as the exchange rates of national currencies fluctuate against each other, the exchange rates of DGCs fluctuate against national currencies, which is reflected by the price of gold in a particular currency. This creates exchange risk for any account holder, in the same way one would experience exchange risk by holding a bank account in a foreign currency. Some DGC holders make