Description: 50 Pesos, P-112. Serial numbers printed in black. The peso is the currency of Chile. The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960. Its symbol is defined as a letter S with either one or two vertical bars superimposed prefixing the amount, $ or ; the single-bar symbol, available in most modern text systems, is almost always used. Both of these symbols are used by many currencies, most notably the United States dollar, and may be ambiguous without clarification, such as CLP$ or US$. The ISO 4217 code for the present peso is CLP. It was divided into 100 centavos until 31 May 1996, when the subdivision was formally eliminated (requiring payments to be made in whole pesos). In February 2023, the exchange rate was around CLP$800 to US$1. The first Chilean peso was introduced in 1817, at a value of 8 Spanish colonial reales. Until 1851, the peso was subdivided into 8 reales, with the escudo worth 2 pesos. In 1835, copper coins denominated in centavos were introduced, but it was not until 1851 that the real and escudo denominations ceased to be issued and further issues in centavos and dcimos (worth 10 centavos) commenced. Also in 1851, the peso was set equal 5 French francs on the sild, 22.5grams pure silver. However, gold coins were issued to a different standard to that of France, with 1 peso = 1.37grams gold (5 francs equalled 1.45grams gold). In 1885, a gold standard was adopted, pegging the peso to the British pound sterling at a rate of 13+13 pesos = 1 pound (1 peso = 1 shilling 6 pence). This was reduced in 1926 to 40 pesos = 1 pound (1 peso = 6 pence). From 1925, coins and banknotes were issued denominated in cndores, worth 10 pesos. The gold standard was suspended in 1932 and the peso's value fell further. The Item ordered may not be exact piece shown. All original and authentic.
Price: 5 USD
Location: Portsmouth, New Hampshire
End Time: 2023-11-07T15:48:59.000Z
Shipping Cost: 8.5 USD
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Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Return policy details:
