Currency of Colombia Colombia" to issue legal tender notes, with a minimum denomination of 5 pesos. Peso = 10 Décimos = 100 Centavos Cóndor = 10 pesos (gold or silver) By decree of 2 May 1867 President Mosquera made Treasury notes a forced tender, making them equivalent to a national monetary unit. On 12 June he further decreed the obligatory acceptance in public and private transactions of all coins .900, .835, and .666 fine minted by the former Republic of Colombia and by New Granada. The monetary law of 24 October 1867 annulled all previous monetary legislation and defined the national coinage as
Currency of Colombia fine, weighing 25.806 g. Granadino = 10 Reales = 100 Centavos The monetary law of 27 April 1847 adopted the decimal system and authorized silver coins of France, Belgium, and Sardinia to circulate at two reales per franc (the rate at which tax offices would receive them). It also provided for a silver coin of 10 reales, the "granadino", and equivalent to the French écu (5 francs). Minting of .666 fine silver finally ceased in 1847, save for the cuartillo (1/4 real) authorized on 30 March 1849. Moreover, Mosquera's efforts to withdraw the macuquina succeeded, and by 1 January 1849