Currency of Venezuela at the Royal Mint, London: Franco = 2 Reales = 20 Centavos Peso = 5 Francos = 10 Reales = 100 Centavos The monetary law of March 30, 1848 established the French franc ("franco frances"), 5·00 g, 0·900 fine, as the monetary unit of Venezuela. No detailed explanation was provided—presumably, the new government wanted to make a clean break with the policies of the conservative oligarchy ("Oligarquía Conservadora", 1830–1848) that it replaced. A table of coin ratings expressed in francos was published, and the Franco was declared equal to 20-centavos of the copper coins authorized between 1834 and 1842. Liberty-head
Indian Currency Committee of currency, with only three main remaining supporters: Mexico (a major producer of silver), the United States, and India. With India's move to the gold standard, the silver standard lost a significant supporter. The committee was chaired by Sir Henry Fowler (later Viscount Fowler), and was often referred to as the Fowler Committee. Its final recommendation was also referred to as the Fowler Report. Indian Currency Committee The Indian Currency Committee or Fowler Committee was a government committee appointed by the British-run Government of India on 29 April 1898 to examine the currency situation in India. Until 1892, silver was