The real was the currency of Colombia until 1837. No subdivision of the real existed but 16 reales = 1 escudo. Until 1820, Colombia used the Spanish colonial real, some of which were minted in Bogotá and Popayán. In 1837, the peso was introduced, worth 8 reales. The real continued to circulate until 1847 when a new real was introduced worth one tenth of a peso and subdivided into 10 decimos de real. This new real was renamed the decimo in 1853, although coins denominated in reales were again issued 1859-1862 and in 1880. The real was the currency of Spains colonies in the Americas. ... Bogota (Spanish: Bogotá) officially named Bogotá D.C. (), is the capital of Colombia, as well as the largest and most populous city in the country with a population of roughly 7. ... Popayán is the capital of the Colombian Department of Cauca, with a population of about 215,000 people. ... The peso is the currency of Colombia. ...