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May 19, 2022 · Many times we think about how valuable 100 dollars or 500 euros can be, but the beauty behind Latin American banknotes implies greater wealth. This is why we made a selection of some of the most artistic and beautiful banknotes in Latin America.
Aug 29, 2023 · Peru’s currency is colorful, creative, and deeply symbolic. Each note and bill speaks of the achievements of notable Peruvians, and/or of the beauty of the Peruvian landscape. Each image inspires further research, owing to its symbolic significance.
Sep 22, 2023 · In this article, we will take a journey through time to explore the fascinating history of currencies in Latin America, from ancient forms of trade to contemporary digital payment methods with only a cardholder needed.
Apr 30, 2017 · In fact, the Hong Kong dollar and the U.S. dollar are both derived from the same source: the Mexican or “Spanish” dollar. So were the yuan, the yen and most of the currencies of Latin...
- A Currency called 'South'
- No Easy Way Forward
- Digital Means of Payment
- Maduro Backs Single Currency
- Political Dimension
The idea is not new. An original proponent is the Brazilian Fernando Haddad, former mayor of Sao Paulo and ex-presidential candidate of the left-wing Workers' Party (PT), who lost the 2018 ballot to current incumbent Jair Bolsonaro. He recently brought up the idea again in a guest article for the newspaper Folha. He even suggested a name —sur, mean...
The idea of a single currency is easy to formulate, but the path to creating it is complicated. Jacques D'Adesky from the Fluminense Federal University in Rio de Janeiro referred to the existing differences and historical rivalries, for example between neighboring Argentina and Brazil."The formation of a single currency zone would initially requi...
A single Latin American currency, as Haddad envisions, aims to "improve trade and commercial exchanges in the countries of the region." According to his proposal, it should be supported by a central bank as a digital currency. However, in order to take the first step in this direction, a public declaration of intent by several governments is requir...
Venezuela's socialist president, Nicolas Maduro, whose country has been suffering from chronic inflation for years, also recently brought the idea of a single currency back into play. He suggested promoting the sucre, a means of payment used by the ALBA alliance of states, which is dominated by left-wing governments including Bolivia, Cuba and so...
The introduction of a uniform Latin American currency would also have a political dimension, similar to that of the euro in Europe. Latin America — or South America — would be viewed as a unified economic area from both the inside and the outside, and the region would move closer together economically and socially. The sur proposed by Haddad could,...
The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.
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To help you out, we’ve compiled a currency cheat sheet for money in South America. Quick Facts. The US Dollars is the official currency in Ecuador. US Dollars are also accepted in some places in Peru, mainly Lima and Cusco. In Peru, $20 is the most common US denomination; change will usually be returned to you in the local currency.
