Salvadoran colón

Salvadoran colón
colón salvadoreño (Spanish)
ISO 4217
CodeSVC
Subunit0.01
Unit
Pluralcolones
Symbol
Denominations
Subunit
1100centavo
Banknotes1, 2, 5, 10, 25, 50, 100, 200 colones
Coins1, 2, 3, 5, 10, 25, 50 centavos, 1 cólon
Demographics
Date of introduction1892
ReplacedSalvadorean peso
Date of withdrawalJanuary 1, 2001 (de facto)
Replaced byUnited States dollar
User(s) El Salvador
Issuance
Central bankCentral Reserve Bank of El Salvador
Websitewww.bcr.gob.sv
Valuation
Pegged withUnited States dollar = 8.75 colones
This infobox shows the latest status before this currency was rendered obsolete.

The colón was the currency of El Salvador from 1892 until 2001, when it was replaced by the U.S. dollar during the presidency of Francisco Flores. The colón was subdivided into 100 centavos and its ISO 4217 code was SVC. The plural is "colones" in Spanish and the currency was named after Christopher Columbus, known as Cristóbal Colón in Spanish.