Pound Sterling in Colombian Peso

GBP Pound Sterling

Country of application:
United Kingdom, South Georgia and the South Sandwich Islands

Coin denominations in circulation:
1 pound sterling, 50, 20, 10, 5, 2 pence, 1 penny.

Denominations of banknotes in circulation:
50, 20, 10, 5, 2, 1 pound sterling.

History reference:
The British pound sterling is the official currency of Great Britain. Bank code - GBP. Sterling in the 12th century was called English silver coins. 240 sterling weighed just over 373 grams - that wa...s a pound. In Latin, pondus means weight, heaviness. That is, initially the pound sterling really meant "a pound of pure silver." There is a visible connection with the Old English lexeme steorling - "asterisk". It was the stars that depicted the silver coins produced in Normandy. Easterling Silver (literally: silver from the eastern lands) - hard-wearing coins made of a durable silver alloy, created in the north of modern Germany - those territories were formerly called Easterling.

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.