Central American Republic real
Encyclopedia
The real was the currency of the Federal Republic of Central America
from 1824. Sixteen silver reales equaled one gold escudo. The Central American Republic's real replaced the Spanish colonial real
at par and continued to circulate and be issued after the constituent states left the Central American Republic. The currency was replaced by the Costa Rican real
, El Salvadoran peso
, Guatemalan peso
, Honduran real
and Nicaraguan peso
.
Federal Republic of Central America
The Federal Republic of Central America, known as the United Provinces of Central America in its first year of creation, was a sovereign state in Central America, which consisted of the territories of the former Captaincy General of Guatemala of New Spain...
from 1824. Sixteen silver reales equaled one gold escudo. The Central American Republic's real replaced the Spanish colonial real
Spanish colonial real
The silver real was the currency of the Spanish colonies in the Americas and the Philippines. In the seventeenth century the silver real was established at two billon reals or sixty-eight Spanish maravedís. Gold escudos were also issued...
at par and continued to circulate and be issued after the constituent states left the Central American Republic. The currency was replaced by the Costa Rican real
Costa Rican real
The real was the currency of Costa Rica until 1850 and continued to circulate until 1864. It had no subdivisions. 16 silver reales equaled 1 gold escudo. The real was replaced by the peso at a rate of 1 peso = 8 reales....
, El Salvadoran peso
El Salvadoran peso
-History:The peso replaced the Salvadoran and Central American Republic reales, at a rate of 8 reales = 1 peso. Banknotes were issued from 1877. In 1889, El Salvador decimalized, with the peso subdivided into 100 centavos, and began to issue coins. The peso was initially pegged to the French franc,...
, Guatemalan peso
Guatemalan peso
-History:The peso replaced the Central American Republic real, with 1 peso = 8 reales. In 1869, the centavo was introduced, worth one hundredth of a peso, but the real continued to be produced until 1912, when Guatemala fully decimalized. In 1870, the peso was pegged to the French franc at a rate...
, Honduran real
Honduran real
The real was the currency of Honduras until 1862. Before 1824, the Spanish colonial real circulated, followed by the Central American Republic real. Sixteen silver reales equalled one gold escudo....
and Nicaraguan peso
Nicaraguan peso
The peso was the currency of Nicaragua between 1878 and 1912. It was Nicaragua's first national currency, replacing the Central American Republic real and that of neighbouring states. It was subdivided into 100 centavos and was worth 8 reales...
.