Currency of Uruguay fine gold), and equal to 10 silver pesos, each of 25·48 g, 0·917 fine (23·365 g fine silver), giving a silver:gold ratio of 15:1. The peso was revalued to 100 centésimos, with 1 new centésimo equal to 10 old centésimos de real, the new currency being known as "Sistema centesimal" (as opposed to the old "Sistema real"). The National Currency Decree declared that until a national coinage could be minted, foreign silver and gold coins should continue to circulate at their then current values (adjusted to conform to this decree), A number of foreign coins (and their multiples and fractions)
Digital gold currency each of which provides a system that enables users to pay each other in units that hold the same value as gold bullion. These competing providers issue a type of independent currency. Proponents claim that DGC offers a truly global and borderless world currency system which is independent of exchange rate variations and political manipulation. Gold, silver, platinum and palladium each have recognized international currency codes under ISO 4217. Unlike fractional-reserve banking, DGCs hold 100% of clients' funds in reserve as gold, silver, and/or platinum, which can be exchanged via digital certificates. Proponents of DGC systems say that deposits are