Indeed, as part of Gran Colombia, the Caracas mint would issue Colombian reales starting in 1821,[3] which would continue to circulate even after Venezuela separated from Gran Colombia.[2] 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.[2] The peso was substituted in 1871 by the venezolano, although it wouldn't enter circulation until 18 June 1874.In 1843, copper coins were introduced in denominations of ¼, ½ and 1 centavo.[4] In 1811, the Estados Unidos de Venezuela issued notes in denominations of 2 reales, 1, 2, 4, 5 and 10 pesos.
United States of Venezuela, 1 peso (1811), from the first issue of national paper currency.
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