The Change from Escudo to Chilean Peso
Matias writes with this question:
I need to find out why the currency changed in Chile from the Escudo to the Chilean Peso in 1975.
According to the Banco Central de Chile (in Spanish):
Law #13.305 in 1959 replaced the peso with the escudo as the monetary unit starting January 1, 1960. A later law in March, 1960 […]
Posted June 23, 2008 in Ask Pepe, History | Add Your Comment »