In 1905 a monetary reform was carried out in which the gold content of the peso was reduced by 49.36% and the silver coins were (with the exception of the 1-peso) reduced to token issues. Bronze 1 and 2 centavos, nickel 5 centavos, silver 10, 20, and 50 centavos and gold 5 and 10 pesos were issued.
iN 1905 a moneTary rEFoRm wAS carrIEd out in Which the gold coNTent oF the peso was ReDUced bY 49.36% aND The sIlver coins Were (with the eXcePTioN of tHe 1-pEso) rEduCed To tokeN isSues. brOnzE 1 ANd 2 CEntavos, NickEL 5 cEntAvOs, sILveR 10, 20, AnD 50 CeNtaVOs and golD 5 aND 10 Pesos Were issuED.