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
Euro gold and silver commemorative coins (Spain) the other in Burgos. Silver 2000-peseta coins have been minted every year since 1994. Each year a €12 silver coin is released to continue this tradition in the new currency. The first of such was in 2002 celebrating Spain’s presidency of the E.U. Each of the participating countries issues a sister coin dedicated to a particular theme. Each coin also depicts the coat of arms of the other countries. The participants are Argentina, Cuba, Ecuador, Guatemala, Mexico, Nicaragua, Paraguay, Peru & Portugal. In 2003 the 5th series was released the theme was "Sailing", this was later followed by the 6th