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
Japanese currency started to be made, with the minting of local coins, sometimes in gold. Especially the Takeda clan of Kōshū minted gold coins which were later adopted by the Tokugawa shogunate. Hideyoshi unified Japan, and thus centralized most of the minting of large denomination silver and gold coins, effectively putting in place the basis of a unified currency system. Hideyoshi developed the large Ōban plate, also called the Tenshō Ōban (天正大判), in 1588, a predecessor to Tokugawa gold coinage. A common practice in that period was also to melt gold into copper molds for convenience, derived from the sycee manufacturing method.