Currency of Venezuela 1, 2009. In preparation for the conversion, all prices had been expressed in both bolívars and bolívars fuerte since October 1, 2007. Currency of Venezuela This article provides a historical summary of the currency used in Venezuela since the end of the 18th century. For the present currency of Venezuela, see Venezuelan bolívar. Peso = 8 Reales (silver) Escudo = 2 Pesos (gold) History Venezuela shared the common Spanish-American monetary system, based on the silver peso and the gold escudo, current throughout Spanish America. Trade, especially in cacao, brought money to the colony in the late 17th century in the
Gold-Tree and Silver-Tree fell down dead. The prince, Gold-Tree, and the second wife lived happily thereafter. Gold-Tree and Silver-Tree Gold-Tree and Silver-Tree is a Scottish fairy tale collected by Joseph Jacobs in his "Celtic Fairy Tales". It is Aarne-Thompson type 709, Snow White. Others of this type include "Bella Venezia", "Nourie Hadig", "La petite Toute-Belle" and "Myrsina". A king had a wife, Silver-Tree, and a daughter, Gold-Tree. One day they walked by a pond, and Silver-Tree asked a trout if she was the most beautiful queen in the world, whereupon the trout said that Gold-Tree was more beautiful. Silver-Tree took to her bed