Salvadoran peso

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The peso was the currency of El Salvador between 1877 and 1919. From 1889, it was subdivided into 100 centavos. The peso replaced the Central American Republic real at a rate of 8 reales = 1 peso and was replaced by the colón at par.

The government issued banknotes denominated in pesos in 1877 but the first decimal Salvadoran coins were only issued in 1889. These were denominations of 1 and 3 centavos. On August 28, 1892, the Salvadoran mint was established and production of silver and gold coins denominated in centavos and pesos began.