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:

    Classes struggle, some classes triumph, others are eliminated. Such is history; such is the history of civilization for thousands of years.
    Mao Zedong (1893–1976)

    All history attests that man has subjected woman to his will, used her as a means to promote his selfish gratification, to minister to his sensual pleasures, to be instrumental in promoting his comfort; but never has he desired to elevate her to that rank she was created to fill. He has done all he could to debase and enslave her mind; and now he looks triumphantly on the ruin he has wrought, and say, the being he has thus deeply injured is his inferior.
    Sarah M. Grimke (1792–1873)

    American time has stretched around the world. It has become the dominant tempo of modern history, especially of the history of Europe.
    Harold Rosenberg (1906–1978)