Peruvian Libra - History

History

The first libra coins were minted in 1898, to the same standard as the British sovereign (113 grains of pure gold). In 1901, Peru adopted a gold standard based on the libra worth 10 soles. The gold standard was maintained until 1932 (see Peruvian sol for more details). Coins were issued until 1930, banknotes until 1933.

Read more about this topic:  Peruvian Libra

Famous quotes containing the word history:

    I believe that history might be, and ought to be, taught in a new fashion so as to make the meaning of it as a process of evolution intelligible to the young.
    Thomas Henry Huxley (1825–95)

    Culture, the acquainting ourselves with the best that has been known and said in the world, and thus with the history of the human spirit.
    Matthew Arnold (1822–1888)

    Man watches his history on the screen with apathy and an occasional passing flicker of horror or indignation.
    Conor Cruise O’Brien (b. 1917)