Central American Republic real

The real was the currency of the Federal Republic of Central America from the passing of the coinage law of 19 March 1824 to the dissolution of the republic in 1838. Sixteen silver reales equaled one gold escudo, and a coin of eight reales was called a peso. The Central American Republic's real replaced the Spanish colonial real at par and continued to circulate and be issued after the constituent states left the Central American Republic. Federation coins were minted in Guatemala, Costa Rica, and Honduras, while additional provisional issues were minted at various points in Costa Rica, Honduras, and El Salvador. Both Guatemala and Costa Rica continued minting coins in the style of the republican real until the late 1840s; the currency was eventually replaced by the Costa Rican real, Salvadoran peso, Guatemalan peso, Honduran real and Nicaraguan peso.

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