Currency of Venezuela then closed for good (October 1830). copper: silver: Peso (Peso sencillo) = 8 Reales = 100 Centavos or 80 Centavos fuertes Peso fuerte = 10 Reales = 100 Centavos fuertes (from 1832) The currency in 1830 was chaotic. Circulation consisted of old silver macuquina minted at Caracas under both royalists and republicans and of silver and gold coin from the various American states, especially from Colombia. Good quality silver coin tended to disappear from circulation (being used to pay for imports). Macuquina and worn coin remained to serve retail trade. The government published a table December 30, 1830 fixing the
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