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Dominican Republic - 20 Pesos Oro - P-139a - 1992 dated Foreign Paper Money

Inv# FM1298   Foreign Paper Money Cat# P-139a
Dominican Republic - 20 Pesos Oro - P-139a - 1992 dated Foreign Paper Money
Country: Dominican Republic
Denomination: 20 Pesos
Years: 1992

20 Pesos Oro, P-139a. Commemorating 500 years, 1492-1992. Peso dominicano (English: Dominican peso) has been the name of the currency of the Dominican Republic (Spanish: República Dominicana) since 2010. Its symbol is "$", with "RD$" used when distinction from other pesos (or dollars) is required; its ISO 4217 code is "DOP". Each peso is divided into 100 centavos ("cents"), for which the ¢ symbol is used. With exception of the United States dollar, it is the only currency that is legal tender in the Dominican Republic for all monetary transactions, whether public or private.

Before the 2010 constitution, peso oro (English: Gold peso) was the official name of the currency of the Dominican Republic. The first Dominican peso was introduced with the country's independence from Haiti in 1844. It replaced the Haitian gourde at par and was divided into 8 reales. The Dominican Republic decimalized in 1877, subdividing the peso into 100 centavos. A second currency, the franco, was issued between 1891 and 1897 but did not replace the peso. However, in 1905, the peso was replaced by the U.S. dollar, at a rate of 5 pesos to the dollar. The peso oro was introduced in 1937 at par with the U.S. dollar, although the dollar continued to be used alongside the peso oro until 1947. Read more at https://en.wikipedia.org/wiki/Dominican_peso

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Condition: E.F. with stains
Item ordered may not be exact piece shown. All original and authentic.
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