View source for Venezuelan real

{{Short description|Currency}}

{{More footnotes needed|date=June 2022}}
The '''real''' (plural: ''reales'') was the currency of [[Venezuela]] until 1843.

==History==
Until 1821, the [[Spanish colonial real]] circulated in Venezuela. On 12 June 1802,<ref>{{Cite web |url=http://www.bcv.org.ve/c3/casamoneda.asp |title=¿Qué es la Casa de la Moneda de Venezuela? |access-date=11 December 2018 |archive-date=8 July 2003 |archive-url=https://web.archive.org/web/20030708025825/http://www.bcv.org.ve/c3/casamoneda.asp |url-status=dead }}</ref> a mint was opened in [[Caracas]] and issued coins denominated in reales until 1821. Paper money was introduced in 1811 denominated in [[Venezuelan peso|pesos]]. The [[Colombian real]] circulated in Venezuela from 1821, with some coins struck in Caracas. In 1837, the Colombian real was replaced by the [[Colombian peso]] (subdivided into 8 reales), which was itself replaced by the [[Venezuelan peso]] (subdivided into 10 reales) in 1842 (though it would take a year for the new coins to enter circulation, replacing the 1820s reales). The "real" moniker would continue to be used as a subdivision of the peso until 1863 when the last coin bearing "real" was struck.

==Coins==
From 1802, copper {{frac|8}} and {{1/4}} real coins were issued. Silver 1 and 2 reales followed in 1810. In 1812, the Republican government issued copper {{frac|8}} and {{1/4}} real and silver {{1/2}} and 1 real. From 1813, the provinces of [[Guayana Region|Guayana]] and [[Maracaibo]] issued copper {{frac|8}} and {{1/4}} real coins. The Royalists issued silver 1, 2 and 4 reales between 1817 and 1821. During the period Venezuela was part of [[Gran Colombia]], silver {{1/4}} real coins were struck at Caracas.

==References==
{{Reflist}}
{{Portal|Money|Numismatics|Venezuela}}
{{Refbegin}}
*{{numis cite SCWC|date=1991}}
*{{numis cite SCWPM|date=1994}}
{{Refend}}
{{n-start|title=Real}}
{{n-before|currency=[[Spanish colonial real|Silver Real]]|reason=Establishment of local [[mint (facility)|mint]]|ratio=1 silver real = 1 real}}
{{n-currency|location=Venezuela|start=12 June 1802|end=29 March 1842 (start of phaseout)}}
{{n-after|currency=[[Venezuelan peso|Peso fuerte]]|reason=Establishment of national currency|ratio=8 reales = 1 peso fuerte}}
{{n-end}}
{{Use dmy dates|date=April 2020}}

{{Authority control}}

{{DEFAULTSORT:Venezuelan Real}}
[[Category:Economic history of Venezuela]]
[[Category:Modern obsolete currencies]]
[[Category:1837 disestablishments]]
[[Category:Currencies of Venezuela]]


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