Since no lower denominations or metallic coins had been issued; foreign, low-value coins circulate alongside the peso in Venezuela. In particular, with the establishment of the Colombian real in 1820 comes its circulation in Venezuela  . Indeed, as part of Gran Colombia, the Caracas mint would issue Colombian reales starting in 1821. On 28 March 1835, the Congress of Venezuela acknowledges this use de jure and grants the United States Penny legal tender status within Venezuela. The Colombian real remained in use until 1837 (when it is replaced by the Colombian peso). On 29 march 1842, the Congress of Venezuela ordered the minting of 1, ½, and ¼ centavo coins, putting an end to the use of foreign coins for this purpose. To define it , the peso is subdivided into 10 reales, each of 10 centavos, following the suit of the Colombian currency. The coins would not be seen in circulation until the following year, for which reason they are generally referred to as the "1843 coins". All other denominations would be approved by Congress on 1 April 1854. The peso was substituted in 1871 by the venezolano, although it wouldn't enter circulation until 18 june 1874. Finally, in 1879, the bolívar is introduced.
Since no lower denominations or metallic coins had been issued; foreign, low-value coins circulated alongside the peso in Venezuela. In particular, with the establishment of the Colombian real in 1820 came its circulation in Venezuela the following year . Indeed, as part of Gran Colombia, the Caracas mint would issue Colombian reales starting in 1821, which would continue to circulate even after Venezuela separated from Gran Colombia. On 28 March 1835, the Congress of Venezuela acknowledged these uses de jure and granted the United States Penny legal tender status within Venezuela. The Colombian real remained in use until 1837 (when it was replaced by the Colombian peso). On 29 march 1842, the Congress of Venezuela ordered the minting of 1, ½, and ¼ centavo coins, putting an end to the use of foreign coins for this purpose. To define the value of these smaller coins , the peso was subdivided into 10 reales, each of 10 centavos, following the suit of the Colombian currency. The coins would not be seen in circulation until the following year, for which reason they are generally referred to as the "1843 coins". All other denominations would be approved by Congress on 1 April 1854. The peso was substituted in 1871 by the venezolano, although it wouldn't enter circulation until 18 june 1874. Finally, in 1879, the bolívar was introduced.
R
circulate
circulated
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comes
came
A
the following year
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1821.
1821, which would continue to circulate even after Venezuela separated from Gran Colombia.
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acknowledges this use
acknowledged these uses
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grants
granted
R
is
was
R
it
the value of these smaller coins
R
is
was
R
is
was