Currency of Colombia and South América Bank" was established in 1864 and was granted the right of issue in 1865. Silver coin of the 1863 standard .666 fine .900 fine Silver coin of the modified 1867 standard .666 fine .835 fine Gold coin .900 fine dated 1862–1878 Peso = 100 Centavos The monetary law of 9 June 1871 put the currency on the silver standard of the Latin Monetary Union system, the Colombian peso of 22.500 g fine silver being equal to 5 francs. It prohibited minting of coin .666 fine. Medios and cuartillos were to be minted .835 fine and the half
Portuguese escudo Portuguese escudo The Portuguese escudo is the currency of Portugal prior to the introduction of the euro on 1 January 1999 and its removal from circulation on 28 February 2002. The escudo was subdivided into 100 "centavos". The word "escudo" means "shield". Amounts in escudos were written as "escudos" $ "centavos" with the "cifrão" as the decimal separator (e.g. "25$00" means $25.00, "100$50" means $100.50). Because of the conversion rate of 1000 réis = $1, three decimal places were initially used ($1 = 1$000). Escudo gold coinage was initially introduced in 1722 with denominations including escudo, 2, 4, and 8