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
Chinese cash (currency unit) The "wén" was one of the chief units of currency in China and was used to denominate both coins and paper money. Other denominations were used, including various weights, based on the "tael" system, for sycee silver and gold ingots. Until the 19th century, coins denominated in wen were cast, the most common formation being the round-shaped copper coin with a square or circular hole in the centre. The hole enabled the coins to be strung together to create higher denominations, as was frequently done due to the coin's low value. The number of coins in a string of cash