- published: 04 Jul 2012
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The venezolano was the currency of Venezuela between 1872 and 1879. It was divided into 100 centavos, although the names céntimo and centésimo were also used. Venezolano was also the name of two currencies planned in 1854 and 1865 (see Currency of Venezuela).
The monetary law of 11 May 1871 replaced the peso with the venezolano at par. The Latin Monetary Union bimetallic standard was adopted, with the silver venezolano (venezolano de plata or fuerte) of 25g .900 fine and a gold venezolano of 1.612 g .900 fine. The subsidiary silver coinage was only .835 fine, legal tender to a maximum of 40 venezolanos per transaction.
From 1 January 1872 all accounts had to be converted and expressed in venezolanos and centavos. Coins minted in conformity with the 1857 monetary law were to continue in circulation. The new coinage was minted in Paris and was introduced into circulation in June 1874. The Venezuelan coinage of 1858 had been very limited; the coinage of 1873-1877 marked the establishment of a true, modern national coinage.
Enrique "Ricky" Martín Morales (born December 24, 1971), better known as Ricky Martin, is a Puerto Rican pop singer and actor who achieved prominence, first as a member of the Puerto Rican boy band Menudo, then as a solo artist since 1991. Throughout his career, he has sold more than 60 million albums worldwide. He is the founder of the Ricky Martin Foundation (in Spanish Fundación Ricky Martin), a non-profit charity organization aimed at human trafficking.
Martin got his start at age twelve with the all-boy pop group Menudo; after five years with the group, he released his Spanish-language solo album, Ricky Martin, in 1991. He also acted on stage and on TV in Mexico, becoming a modest star in the country. In 1994 he starred on the American TV soap opera General Hospital, playing a Puerto Rican singer. In 1999, after several albums in Spanish, he released his first English-language album (also titled Ricky Martin), which included "Livin' la Vida Loca". The album sold 22 million copies and brought Martin international fame. His other studio albums include: Me Amarás (1993), A Medio Vivir (1995), Vuelve (1998), Sound Loaded (2000), Almas del Silencio (2003), Life (2005), and Música + Alma + Sexo (2011).
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