Chilean Peso in Colombian Peso

CLP Chilean Peso

Country of application:
Chile

Coin denominations in circulation:
1000, 2000, 5000, 10,000, 20,000 pesos.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100, 500 pesos.

History reference:
CLP in the foreign exchange markets stands for the abbreviation for Chiles currency, known as the Chilean peso. The "old" peso was used as the currency in Chile between 1917 and 1959, when the escudo... (CLE) came into effect. The current (or new) Chilean peso was reintroduced on September 29, 1975, replacing the escudo with an exchange of 1 peso for 1,000 escudos. The Chilean people also refer to their currency as "lukoi" when referring to the 1,000 peso note, "quina" for the 500 peso coin, and "gamba" for the 100 peso coin. On September 29, 1975, instead of the escudo, the peso was reintroduced, the escudos were exchanged for 1000:1 pesos. During the years of the dictatorship, on the obverse of the 5 and 10 peso coins, the image of a winged woman breaking the chains was used, with the signature LIBERTAD (freedom) and the date of the military coup 9/11/1973 - the figure symbolized "liberation from Marxism". After the restoration of civil power in Chile, the design of the coins was changed, the image of the national hero Bernardo OHiggins was placed on the obverse.

COP Colombian Peso

Country of application:
Colombia, Venezuela

Coin denominations in circulation:
50, 100, 200, 500, 1000 dollars.

Denominations of banknotes in circulation:
2000, 5000, 10,000, 20,000, 50,000, 100,000 US dollars.

History reference:
The Colombian Peso is the official currency of the Republic of Colombia. The peso became the Colombian coin in 1810. In 1837, the peso began to replace the real. Then for one peso they gave 8 reais. ...In 1847, Colombia revised the value of the peso, which began to be valued at 10 reais. In 1853, the real was renamed desimo, which means "tenth" in Spanish. In 1903, the Central Bank of Colombia set a fixed rate on the British pound sterling, according to which 5 pesos were equal to 1 pound. In 1931, Great Britain abandoned the gold standard, in the same year the Colombian pesos also moved away from the gold-currency equivalent standard. Later, in different periods of the existence of the state, the peso experienced several devaluations caused by economic crises in the country.