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
Plan for Establishing Uniformity in the Coinage, Weights, and Measures of the United States power "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures". In his first annual message to Congress (what later came to be called "State of the Union Addresses") on January 8, 1790 (a few months before Jefferson's report to the House of Representatives), George Washington stated, "Uniformity in the currency, weights, and measures of the United States is an object of great importance, and will, I am persuaded, be duly attended to." Washington repeated similar calls for action in his second and third annual messages (after Jefferson's report). Jefferson's decimal