The coin value of 1 peso 1959, Mexico, is 1 diez pesos gold coin.
The currency of the country is the peso.Between 1817 and 1960, there was a previous version of the peso.The symbol is defined as a letter S with either one or two vertical bars superimposed over the amount, which is almost always used.The United States dollar is one of the currencies that uses both of these symbols.The ISO 4217 code is used for the present peso.There are no current centavo-denominated coins.The exchange rate was around 1 United States dollar.
The first pesos were worth 8 Spanish colonial reales.The escudo was worth 2 pesos when it was divided into 8 reales.In 1835, copper coins denominated in centavos were introduced, but it was not until 1851 that the real and escudo ceased to be issued.5 French Francs on the sild was equal to 22.5 grams of pure silver.The gold coins were issued in a different standard to that of France.In 1885, a gold standard was adopted, pegging the peso to the British pound sterling.This was reduced from 40 pesos to 1 pound in the late 19th century.Coins and notes were issued in cndores, worth 10 pesos, from 1925 to 1925.The gold standard was suspended in 1932.On January 1, 1960, the escudo replaced the peso at a rate of 1000 pesos.
In the 19th century, silver coins were issued in denominations of 12, 1 and 2 reales and 1 peso, with gold coins for 1, 2, 4 and 8 escudos.The copper 12 and 1 centavo coins were issued in 1835.In the 19th century, a full decimal coinage consisted of copper 12 and 1 centavo, silver and gold.Cupronickel 12, 1 and 2 centavos were introduced between 1870 and 1871.In 1886 copper 2 12 centavos were added to the coins.The lower gold standard was reflected in the new gold coinage, with coins for 2, 5, 10 and 20 pesos.The 12 and 1 décimo were replaced by 5 and 10 centavo coins.
Following the cessation of production of the 50 centavo coin in 1907, a silver 40 coin was introduced.The last of the copper coins were issued in 1919.The silver in the 5, 10 and 20 centavo coins was replaced by cupronickel.The final gold coinage was in denominations of 20, 50 and 100 pesos.The silver 2 and 5 peso coins were issued in 1927.Cupronickel 1 peso coins replaced the last of the silver coins in 1933.In 1942, copper 20 and 50 centavos and 1 peso coins were introduced.The last coins of the first peso were issued in 1959The aluminum was 1, 5 and 10 pesos.
Between 1932 and 1980 there were gold bullion coins with nominals in 100 pesos.They survived into the second and third currencies.There was a special issue of gold coins in 1968.
Between 1840 and 1844, the treasury of the Province of Valdivia issued paper money in denominations of 4 and 8 reales.Paper money was issued by a number of private banks in the 1870s.Others followed in the late 1800s and early 1900s.The denominations were 1, 2, 5, 10, 20, 50, 100 and 500 pesos.The Banco de A. Edwards y Ca. issued notes in pound sterling.
The government issued paper money in denominations of 1, 2, 5, 10, 20, 50, 100 and 1000 pesos.In 1891 and 1912 50 centavo notes were added.Private bank notes overprinted with the words "Emisin Fiscal" were made by the government in 1898.The production of private paper money ended here.
The bank began issuing notes in 1925.There were overprints on government notes in denominations of 5, 10, 50, 100 and 1000 pesos.In 1927, there were denominations of 5, 10, 50, 100, 500 and 1000 pesos.Regular denominations were 1, 5, 10, 20, 50, 100, 500, 1000, 5000 and 10,000 pesos.Production of the 1- and 20-peso notes stopped in 1943 and 1947.The 50,000-peso note was added in 1958.
Between 1960 and 1975, the escudo was divided into 100 centésimos.The old peso was replaced with a new one at a rate of 1 escudo for 1000 pesos.The symbol was used for the escudo.
In 1960, aluminum 1 centésimo and aluminum-bronze 2, 5 and 10 centesimo coins were introduced.The 12 and 1 centésimo coins were withdrawn in 1963.A new coinage was introduced in 1970, consisting of 10, 20 and 50 centésimos and cupro-nickel 1, 2 and 5 escudos, but they were not included in the new coins.The 2 escudo coin was discontinued in 1971.In 1974 and 1975, nickel-brass 50 and 100 escudos were issued after the new coinage was discontinued in 1972.
In 1959 the Banco Central de Chile produced a small amount of money.The centésimo or escudo denominations were added to the design of these modified versions of the old peso notes.Denominations were 12, 1, 5, 10 and 50 centésimos.In 1962, regular-type notes were introduced in denominations of 12, 1, 5, 10, 50 and 100 escudos.In 1971, 500 escudo notes were introduced, followed by 1000 and 5000 in 1973, and 10,000 in 1974.
The escudo was replaced by the current peso at a rate of 1 peso for 1,000 segudos.The peso was divided into 100 centavos.
In 1975, coins were in denominations of 1, 5, 10, and 50 Centavos.The 1-, 5-, and 10-centavo coins were very similar to the other coins they replaced.The centavo coins have been obsolete since 1983.The first five- and 10-peso coins were introduced in 1976.Coins currently in circulation are in denominations of 1, 5, 10, 50, 100, and 500 pesos; however, as of 2016 the value of the peso has depreciated enough that most retailers and others tend to use prices that are multiples of 10 pesos, ignoring smaller amounts.The 1 peso coin is very rare.The mint stopped producing 1 and 5 peso coins in October of last year and began accepting them directly for larger denominations.Commercial entities began rounding off amounts for payment in cash on 1 November of last year.cheques and electronic transactions are unaffected.Various charities that used to accept donations at the cash register have been affected by this change.[4]
The designs of the 5- and 10-peso coins were changed after the military dictatorship ended.The image of a winged female figure wearing a classical robe was portrayed as if she had just broken a chain binding her two hands together, and the date of the coup d'état Roman numerals was beside her.The portrait of Bernardo O'Higgins was adopted after the return of democracy.
A Mapuche woman's image appeared on a new 100peso coin in 2001.In February of 2010, it was discovered that the country name "CHILE" was not spelled correctly on the 50-peso coins.The coins would not be recalled, according to the national mint.The faulty coins were worth about 9 cents each.[5]
In 1976, there were denominations of 5, 10, 50, and 100 pesos with the reverses of the two lowest denominations resembling those of 5000- and 10,000-escudo notes.The issue of higher denominations has been caused by inflation.The first five-hundred-peso notes were introduced in May, 1977.The 5-, 10-, 50-, 100, and 500-peso notes have been replaced by coins.The four highest denominations were redesigned in 2009.The new 1000-peso banknote was issued in May 2011.[5]
The 2000-peso note has only been issued as a plastic banknote since September 2004, while the 5000 and 1000 notes have been in use since 2009.This was the first time in history that a new family of banknote was put into circulation for other reasons than inflation.Only the 10,000- and 20,000-peso notes are still printed on cotton paper.The shortest note is the 1000-peso note, while the longest is 20,000pesos.New security measures make it harder to forge the new notes.
The 1000-, 2000- and 5000-peso notes were designed and produced by the Australian company Note Printing Australia and the Swedish company Crane.