The real was the currency of the Central American Republic from 1824. Sixteen silver reales equaled one gold escudo. The Central American Republic's real replaced the Spanish colonial real at par and continued to circulate and be issued after the constituent states left the Central American Republic. The currency was replaced by the Costa Rican peso, El Salvadoran peso, Guatemalan peso, Honduran real and Nicaraguan peso. The Republic of Central America (officially the Greater Republic of Central America) was an attempt to unite the Central American countries of Nicaragua, and El Salvador into a single state, lasting from 1896 to 1898. ... The peso was the currency of Costa Rica between 1850 and 1896. ... The peso was the currency of Nicaragua between 1878 and 1912. ...