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 my ardour for invention springs from his loins. I can’t say that the brassiere will ever take as great a place in history as the steamboat, but I did invent it.”
—Caresse Crosby (1892–1970)
“When we of the so-called better classes are scared as men were never scared in history at material ugliness and hardship; when we put off marriage until our house can be artistic, and quake at the thought of having a child without a bank-account and doomed to manual labor, it is time for thinking men to protest against so unmanly and irreligious a state of opinion.”
—William James (1842–1910)
“Whenever we read the obscene stories, the voluptuous debaucheries, the cruel and torturous executions, the unrelenting vindictiveness, with which more than half the Bible is filled, it would be more consistent that we called it the word of a demon than the Word of God. It is a history of wickedness that has served to corrupt and brutalize mankind.”
—Thomas Paine (1737–1809)