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Colombian Peso
The Colombian peso (currency sign, sign: $; ISO 4217, code: COP) is the currency of Colombia. Its ISO 4217 code is ''COP''. The official sign is $, with ''Col$''. also being used to distinguish it from other peso- and dollar-denominated currencies. One peso is divided into one hundred ''centavos''; however, because of high inflation in the 1970s and 1980s, Colombia ceased issuing centavo coins for circulation in 1984. It remains customary to write monetary amounts with centavos, although it is rare in daily lives and general contexts. The 50 peso coins are still legal tender, but due to its low value and circulation, most cash transactions are rounded to the nearest 100 pesos; while electronic transactions and banking statements are still processed to the centavo, centavos have practically no purchasing power. Outside Colombia, the currency sees widespread acceptance and daily use in the Venezuelan border state of Táchira. History Colombia used ''Spanish colonial real'' until ...
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Colombian Real
The real was the currency of Colombia until 1837. No subdivisions of the real existed until after the real had ceased to be the primary unit of currency. However, 8 reales = 1 ''peso'' and 16 reales = 1 ''escudo''. History Until 1820, Colombia used the Spanish colonial real, some of which were minted in Bogotá and Popayán. After 1820, issues were made specifically for Colombia, under the various names that the state used. In 1837, the peso, worth 8 reales, became the primary unit of currency. The real continued to circulate as an eighth of a peso until 1847, when a new real was introduced worth one tenth of a peso and subdivided into 10 ''decimos de real''. This new real was renamed the decimo in 1853, although coins denominated in reales were again issued 1859-1862 and in 1880. Coins During the Spanish colonial period, silver , , 1, 2, 4 and 8 reales and gold 1, 2, 4 and 8 escudos were struck at Bogotá and Popayán, the last of which were produced in 1820. During the war of ...
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Shilling (British Coin)
The United Kingdom, British shilling, abbreviated "1s" or "1/-", was a unit of currency and a denomination of Coins of the United Kingdom, sterling coinage worth of one Pound (currency), pound, or twelve Penny (British pre-decimal coin), pre-decimal pence. It was first minted in the reign of Henry VII of England, Henry VII as the testoon, and became known as the shilling, from the Old English , sometime in the mid-16th century. It circulated until 1990. It was commonly known as a ''bob'', as in "ten-bob note", also the Scout Association's Bob a Job Week. The shilling was last minted in 1966, prior to Decimal Day, decimalisation. Following decimal day on 15 February 1971 the coin had a value of Five pence (British coin), five new pence, and a new coin of the same value but labelled as "five new pence" (later removing "new" after 1980) was minted with the same size as the shilling until 1990. The five-pence coin was reduced in size in 1990, and the old larger five-pence coins and t ...
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Zinc
Zinc is a chemical element; it has symbol Zn and atomic number 30. It is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodic table. In some respects, zinc is chemically similar to magnesium: both elements exhibit only one normal oxidation state (+2), and the Zn2+ and Mg2+ ions are of similar size. Zinc is the 24th most abundant element in Earth's crust and has five stable isotopes. The most common zinc ore is sphalerite (zinc blende), a zinc sulfide mineral. The largest workable lodes are in Australia, Asia, and the United States. Zinc is refined by froth flotation of the ore, roasting, and final extraction using electricity ( electrowinning). Zinc is an essential trace element for humans, animals, plants and for microorganisms and is necessary for prenatal and postnatal development. It is the second most abundant trace metal in humans after iron, an import ...
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Copper
Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable, unalloyed metallic form. This means that copper is a native metal. This led to very early human use in several regions, from . Thousands of years later, it was the first metal to be smelted from sulfide ores, ; the first metal to be cast into a shape in a mold, ; and the first metal to be purposely alloyed with another metal, tin, to create bronze, ...
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Espeletia Schultzii
''Espeletia schultzii'' is a high altitude shrub endemic to the Andes of Venezuela. ''Espeletia schultzii'' his a giant rosette plant, with a large above ground stem (caulescent). It exhibits nyctinasty In plant biology, nyctinasty is the circadian rhythm-based nastic movement of higher plants in response to the onset of darkness, or a plant "sleeping". Nyctinastic movements are associated with diurnal light and temperature changes and con ..., folding up its leaves at night to prevent freezing of young leaves in the center of the rosette. References Millerieae Flora of Southern America Páramo flora Endemic flora of Venezuela Taxa named by Hugh Algernon Weddell Plants described in 1856 {{Asteroideae-stub ...
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Spectacled Bear
The spectacled bear (''Tremarctos ornatus''), also known as the South American bear, Andean bear, Andean short-faced bear or mountain bear and locally as jukumari ( Aymara and Quechua), ukumari ( Quechua) or ukuku, is a species of bear native to the Andes Mountains in northern and western South America. It is the only living species of bear native to South America, and the last remaining short-faced bear (subfamily Tremarctinae). Unlike other omnivorous bears, the diet of the spectacled bear is mostly herbivorous. The species is classified as Vulnerable by the IUCN because of habitat loss. Taxonomy ''Tremarctos ornatus'' is commonly referred to in English as the "spectacled bear", a reference to the light colouring on its chest, neck and face, which may resemble spectacles in some individuals, or the "Andean bear" for its distribution along the Andes. The root ''trem''- comes from a Greek word meaning "hole"; ''arctos'' is the Greek word for "bear". ''Tremarctos'' is a refere ...
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Bi-metallic Coins
Bi-metallic coins are coins consisting of two ('' bi-'') metals or alloys, generally arranged with an outer ring around a contrasting center. Common circulating examples include the €1, €2, United Kingdom £1 and £2, Canadian $2, South Africa R5, Egyptian £1, Turkish 1 lira and 50 kurus, Indian ₹10 and ₹20, Indonesian Rp1,000, Polish 2 and 5 zł, Czech 50 Kč, Hungarian 100 and 200 Ft, Bulgarian 1 and 2 lv., Hong Kong $10, Argentine $1 and $2, Brazilian R$1, Chilean $100 and $500, Colombian $500 and $1000, Peruvian S/2 and S/5, Albanian 100 Lekë, Thai 10 baht and all Mexican coins of $1 or higher denomination. For a more complete list, see List of bi-metallic coins. History Bi-metallic coins and medals have been issued for a long time. The Roman Empire issued special-occasion, large medallions with a center of bronze or copper and an outer ring of orichalcum, starting with the reign of Hadrian. Meanwhile, circulating bi-metallic coins are know ...
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Gold Sovereign
The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains of pure gold. Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. In addition, circulation strikes and proof examples are often collected for their numismatic value. In most recent years, it has borne the design of Saint George and the Dragon on the reverse; the initials () of the designer, Benedetto Pistrucci, are visible to the right of the date. The coin was named after the English gold sovereign, which was last minted about 1603, and originated as part of the Great Recoinage of 1816. Many in Parliament believed a one-pound coin should be issued rather than the 21-shilling guinea that was struck until that time. The Master of the Mint, William Wellesley Pole had Pistrucci design the new coin; his depiction was also used for other gold coins ...
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Granadine Confederation
The Granadine Confederation () was a short-lived federal republic established in 1858 as a result of a constitutional change replacing the Republic of New Granada. It consisted of the present-day nations of Colombia and Panama and parts of northwestern Brazil. In turn, the Granadine Confederation was replaced by the United States of Colombia after another constitutional change in 1863. History The short but complicated life of the Granadine Confederation was marked by rivalry between the Conservative Party and the Liberal Party, which ended in a Civil War (1860–1862). It also was a period of hostility against the Roman Catholic Church, and of divided regionalism. The Granadine Confederation was established by the Constitution of 1853, considered pro-federalist or centro-federalist because it gave more autonomy to the provinces, which multiplied to 35 provinces during the administration of Manuel María Mallarino (1855–1857), each with its own provincial constitution. Fe ...
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Iván Duque
Iván Duque Márquez (; born 1 August 1976) is a Colombian politician and lawyer who served as the president of Colombia from 2018 to 2022. He was elected as the candidate from the Democratic Centre Party in the 2018 Colombian presidential election. Backed by his mentor, former president and powerful senator Álvaro Uribe, he was elected despite having been relatively unknown a year before the election. He ran on a platform that included opposing Juan Manuel Santos' peace agreement with the FARC guerrilla group. After Duque's term came to an end, he was succeeded by Gustavo Petro on 7 August 2022, after Petro won the runoff round in the 2022 Colombian presidential election. Despite personally opposing the peace agreement with the FARC, Duque did not cancel it when in office. During the Venezuelan refugee crisis, Duque had an open door policy toward Venezuelans, allowing them to settle in the country and allowing around 1.7 million refugees to gain protected status in Venezu ...
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Juan Manuel Santos
Juan Manuel Santos Calderón (; born 10 August 1951) is a Colombian politician who was the President of Colombia from 2010 to 2018. He was the sole recipient of the 2016 Nobel Peace Prize. An economist by training and a journalist by trade, Santos is a member of the wealthy and influential Santos family, who from 1913 to 2007 were the majority shareholders of ''El Tiempo (Colombia), El Tiempo'', Colombia's newspaper of record. In 1991, Santos was appointed by President César Gaviria Trujillo as Colombia's first Minister of Foreign Trade of Colombia, Minister of Foreign Trade. In 2000, he was appointed by President Andrés Pastrana Arango as the 64th Minister of Finance and Public Credit of Colombia, Minister of Finance and Public Credit. Santos rose to prominence during the administration of President Álvaro Uribe Vélez, who was elected in 2002. In 2005, Santos co-founded and led the Social Party of National Unity (Party of the U), a liberal-conservative party coalition th ...
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Redenomination
In monetary economics, redenomination is the process of changing the face value of banknotes and coins in circulation. It may be done because inflation has made the currency unit so small that only large denominations of the currency are in circulation. In such cases the name of the currency may change or the original name may be used with a temporary qualifier such as "new". Redenomination may be done for other reasons such as changing over to a new currency such as the Euro or during decimalisation. Redenomination itself is considered symbolic as it does not have any impact on a country's exchange rate in relation to other currencies. It may, however, have a psychological impact on the population by suggesting that a period of hyperinflation is over, and is not a reminder of how much inflation has impacted them. The reduction in the number of zeros also improves the image of the country abroad. Inflation over time is the main cause for the purchasing power of the monetary un ...
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