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:

    The history of literature—take the net result of Tiraboshi, Warton, or Schlegel,—is a sum of a very few ideas, and of very few original tales,—all the rest being variation of these.
    Ralph Waldo Emerson (1803–1882)

    In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.
    Ralph Waldo Emerson (1803–1882)

    For a transitory enchanted moment man must have held his breath in the presence of this continent, compelled into an aesthetic contemplation he neither understood nor desired, face to face for the last time in history with something commensurate to his capacity for wonder.
    F. Scott Fitzgerald (1896–1940)