Time Period: 1824-1851

Currency: Central American Peso


Timeline

  • 19.03.1824
  • Parliamentary resolution on the issuance of coins in the name of the Federation (and the ban of further issuance of colonial coinage), the Spanish colonial bimetallic standard was continued; effective immediately
  • 1824-1851
  • Issuance of gold and silver coins:
    - 1824-1851: Gold and silver coins by the mint of Nueva Guatemala
    - 1828-1850: Gold and silver coins by the mint of San José (Costa Rica)
    - 1825-1832: Silver coins by the mint of Tegucigalpa (Honduras)
    - No federal coins were minted in El Salvador and Nicaragua.

Valuation Regimes

  • 1824-1850
  • Metallic currency based on circulating gold and silver coins. Base weight is the Castilian mark / 8 Onzas / 8 Octavos / 72 Granos at 230.047 grams.

Rate Arrangements

  • 19.03.1824
  • Metallic
  • Peso: 1'480.08mg AU fine & 24'433.04mg AG fine
  • 68 Escudos of 2 Pesos to the Castilian mark gold 21 carats and 8½ Pesos of 8 Reals to the Castilian mark silver 105⁄6 deniers => AU : AG = 16.508