Currency of Venezuela 1, 1862. Copper (Birmingham mint) dated 1858–1863: Silver 0·900 fine (Paris mint) dated 1858: The contract with the Paris Mint for coins with the bust of Gen. Páez, finalized November 7, 1862 was rescinded in June 1863, and coins already minted were melted down. Copper 1 and 2 céntesimos, and silver 1/2, 1, 2, 4, and 10 reales had been ordered. About 200 pieces of the 10-reales, 38 mm, 10·000 g, are thought to have survived. Peso fuerte (Venezolano de oro) = 10 Reales (Décimos) = 100 Centavos The monetary law of June 12, 1865 was based on the gold
Japanese currency the issuance of convertible banknotes, a central bank, the Bank of Japan, was established in 1882. The bank would stabilize the currency by centralizing the issuance of convertible banknotes. The first central banknotes were issued by the Bank of Japan in 1885. They were called Daikokusatsu (大黒札), and were convertible in silver. Following the devaluation of silver, and the abandon of silver as a currency standard by Western powers, Japan adopted the gold standard through the Coinage Law of 1897. The yen was fixed at 0.75g of pure gold, and banknotes were issued which were convertible into gold. In 1899,