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
Currency money Currency money Currency money is money in full circulation that takes its value from the precious metal it contains, that is, its market value is (almost) the value of the metal it contains (apart from the Seigniorage or the minters' profit), though this is always overcompensated for in coins and banknotes from a country undergoing debasement. Currency money is usually made of silver or gold, but in very rare cases plated metal and even copper may be used. Currency money is commodity money, as opposed to coins whose metal value is less than their nominal value, paper money, and deposit