Currency of Venezuela liquidated in 1867. It issued notes for "5 pesos sencillos" (face, Spanish) or "5 dollars currency" (back, English), dated January 23, 1865. Treasury issued notes ("billetes de Tesoreria") for 5 pesos under an authorization of January 19, 1869. Venezolano = 100 Centavos (Céntimos, Centésimos) Conversion: 1 venezolano = 1 fuerte (peso fuerte) On March 29, 1871, all coin in circulation, whatever its condition, was declared legal tender so long as one of the two sides was clearly legible, A monetary law of May 11 then established the venezolano of 100 centavos as money of account and adopted the Latin Monetary
Currency of Colombia to establish Banco Nacional, which began operations in January 1881. A decree of 24 March 1885 authorized coins of nickel and 0.500 silver, and authorized Banco Nacional to issue notes for 10 & 20 centavos. The cost of the civil war of 1885 was covered by paper money, circulation increasing by 89%. Banco Nacional was unable to cover its notes in gold coin, but the Government compromised on suspension by paying notes in silver with the funds received from negotiating the Panama Canal. "El Banco Nacional de los Estados Unidos de Colombia" was responsible for the national note issue 1880–1885.