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:

    Humankind has understood history as a series of battles because, to this day, it regards conflict as the central facet of life.
    Anton Pavlovich Chekhov (1860–1904)

    If you look at history you’ll find that no state has been so plagued by its rulers as when power has fallen into the hands of some dabbler in philosophy or literary addict.
    Desiderius Erasmus (c. 1466–1536)

    What would we not give for some great poem to read now, which would be in harmony with the scenery,—for if men read aright, methinks they would never read anything but poems. No history nor philosophy can supply their place.
    Henry David Thoreau (1817–1862)