Postage stamps and postal history of Mexico The regency had previously changed the official currency under which one peso equaled 8 reales to a decimal system in which one peso equaled 100 centavos. In making the conversion postal rates were rounded up, for example, the rate of one real being equal to 12.5 centavos was rounded up to 13 centavos. The stamps, as a result, were issued in values of 7c, 13c, 25c, and 50c. These stamps were issued with the year and invoice number and with or without the district name, but some issued in exchange for Eagle stamps were issued only with the Mexico City
Currency of Ecuador centavos). The 1898 law also made the sovereign legal tender. A subsequent decree (October 29, 1908) authorized a gold 1/5 cóndor and vellón coins (75% copper, 25% nickel) of 1/2, 1, 2, and 5 centavos. "Banco del Ecuador" and "Banco Comercial y Agricola" continued issuing. They were joined by two new issuing banks. "Banco del Pichincha", Quito, issued notes for 1, 5, 10, and 20 sucres from 1906. A second issue was for 1, 5, 10, 20, 50 & 100 sucres. "Banco del Azuay", Cuenca, issued notes from 1913 for 1, 2, 5, and 10 sucres. copper-nickel, Heaton mint, dated