The silver peso weighs 25 grammes, .900 fine.
The peso is also the name of the Mexican dollar.
The old " peso " is no longer used except in accounts, and is reckoned at 4 bolivares, being sometimes described as a " soft " dollar.
By a law of the 9th of December 1904, promulgated by an executive decree of the 25th of March 1905, the gold standard was adopted, and the silver peso, 9027 fine and containing 24.438 grammes of pure silver, was made the monetary unit with a valuation of .75 grammes of gold.
It is legally equivalent to the silver peso, which continues in circulation.
There is no Uruguayan gold coin in circulation, but the theoretical monetary unit is the gold peso national, weighing 1.697 grammes, .917 fine.
A half, fifth and tenth of a peso are coined in silver, in addition to bronze coins.
The coinage of Mexico, now concentrated at the mint in the capital (all others having been closed) is based (since November 28, 1867) on the decimal system - the peso being divided into 100 centavos - and consists of gold, silver, nickel and bronze coins, whose weight and fineness are determined by the monetary law of 1904.
Silver: I peso, 9027 fine, containing 24.438 grammes of pure silver, 50 centavos, 800 fine, 20 „ 10 „ 5, , Bronze: I and 2 centavos, 95 parts copper, 4 tin, I zinc.
Fractional silver coin is not legal tender above 20 pesos, and bronze and nickel coins not above 1 peso, but the government maintains conversion offices where such coins can be converted into silver pesos without loss.
The silver peso, or dollar, of 100 centavas is the monetary unit, weighs 25 grammes.
The gold value of the currency peso (75 = £1 in 1903, 70 = £I in 1904, 58 = £1 in 1905) fluctuates between limits so wide that conversion into sterling (especially for a series of years), with any pretension to accuracy, is impracticable.
Pensum, weight), of which peseta is a diminutive, was a Spanish coin of gold, peso de oro, or silver, peso de plata, once current in Spain and her colonies, and now the name of a silver coin of many South American states.
The monetary unit is the silver peso or dollar of too cents, which weighs 25 grammes, .900 fine.
The value of the paper peso fluctuates; in 1904 the premium on gold stood at 640%.
The value of the silver peso in fractional silver money is about nineteen pence; in a single coin about twenty pence.
In 1895 a conversion law was passed in which the sterling value of the peso was reduced to 18d., at which rate the outstanding paper should be redeemed.
The conversion law of 1895 made the currency convertible at this rate, although the gold peso was rated at 48d.
Per peso, and that new issues should be made only through the issue department and against deposits of gold, which deposits would be returned to depositors on the presentation of the currency issued.
The monetary unit, the gold peso, does not form a part of the actual coinage.
The silver coins are the peso of loo centavos and its fractional parts of 20, 10 and 5 centavos.
Uncertainty in regard to the value of the peso led the compiler to omit the equivalents in U.S. gold, but according to foreign trade returns these totals represent gold values, which at 4s.
Per peso are: imports £2,216,600, exports £3,831,600.
This depreciation (10,000) was equivalent to a loss of 99% of the nominal value of the currency, a paper peso of loo centavos being worth only one centavo gold.
Before the introduction of the decimal monetary system the peseta was the fifth part of a peso dare, which was equal to 20 re i/es de velion, or rather more than a 5-franc piece.