Until 1820, Colombia used the Spanish colonial real, some of which were minted in Bogotá and Popayán.
During the Spanish colonial period, silver 1⁄4, 1⁄2, 1, 2, 4 and 8 reales and gold 1, 2, 4 and 8 escudos were struck at Bogotá and Popayán, the last of which were produced in 1820.
During the war of independence, regional issues were made by royalists in Popayán and Santa Marta, and by republicans in Cartagena and Cundinamarca.
The United Provinces of New Granada issued silver coins in denominations of 1⁄2, 1, 2 and 8 reales between 1819 and 1822.
These were followed by coins of the Republic of Colombia, silver 1⁄4, 1⁄2, 1 and 8 reales, and gold 1 peso, 1, 2, 4 and 8 escudos.