Nicaraguan peso Nicaraguan peso The peso was the currency of Nicaragua between 1878 and 1912. It was Nicaragua's first national currency, replacing the Central American Republic real and that of neighbouring states. It was subdivided into 100 "centavos" and when it was introduced, it was worth 8 reales, and had the same weight and mass as the peso fuerte, but due to recurrent devaluations, it was replaced by the "córdoba" at a rate of 12½ pesos = 1 peso fuerte = 1 córdoba. In 1878, cupro-nickel 1 centavo coins were introduced, followed, in 1880, by silver 5, 10 and 20 centavos. In
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