On 29 March 1842, the Congress of Venezuela ordered the minting of 1, ½, and ¼ centavo coins, putting an end to the use of foreign coins for this purpose. To define the value of these smaller coins, the peso was subdivided into 10 "reales", each of 10 "centavos", following the suit of the Colombian currency. The coins would not be seen in circulation until the following year, for which reason they are generally referred to as the "1843 coins". All other denominations would be approved by Congress on 1 April 1854.