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Costa Rican Real
The real was the currency of Costa Rica until 1850 and continued to circulate until 1864. It had no subdivisions. 16 silver reales equaled 1 gold escudo. The real was replaced by the peso at a rate of 1 peso = 8 reales. Initially, Spanish and Spanish colonial reales circulated, followed in 1824 by the Central American Republic real The real was the currency of the Federal Republic of Central America from 1824 to 1838/1841. Sixteen silver reales equaled one gold ''escudo'', and 8 reales equaled one peso. The Central American Republic's real replaced the Spanish colonial real .... In 1842, Costa Rica issued its first coins, real and 1 escudo pieces. These were followed in 1847 by 1 real coins. In 1850, when the first peso coins were issued, gold coins were issued for , 1 and 2 escudos. The last coins denominated in reales were issued in 1850, whilst the last escudo coins were issued in 1864. References Modern obsolete currencies Economic history of Costa Rica Currencies of ...
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Costa Rica
Costa Rica (, ; ; literally "Rich Coast"), officially the Republic of Costa Rica ( es, República de Costa Rica), is a country in the Central American region of North America, bordered by Nicaragua to the north, the Caribbean Sea to the northeast, Panama to the southeast, the Pacific Ocean to the southwest, and Maritime boundary, maritime border with Ecuador to the south of Cocos Island. It has a population of around five million in a land area of . An estimated 333,980 people live in the capital and largest city, San José, Costa Rica, San José, with around two million people in the surrounding metropolitan area. The sovereign state is a Unitary state, unitary Presidential system, presidential Constitution of Costa Rica, constitutional republic. It has a long-standing and stable democracy and a highly educated workforce. The country spends roughly 6.9% of its budget (2016) on education, compared to a global average of 4.4%. Its economy, once heavily dependent on agricultu ...
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Costa Rican Peso
The peso was the currency of Costa Rica between 1850 and 1896. It was initially subdivided into 8 ''reales'' and circulated alongside the earlier currency, the real, until 1864, when Costa Rica decimalized and the peso was subdivided into 100 ''centavos''. The peso was replaced by the colón at par in 1896 Coins In 1850, silver coins were issued in denominations of , and peso. In 1864, silver coins were introduced in denominations of 25 centavos and 1 peso. These were followed the next year by cupro-nickel and 1 centavos and silver 5, 10 and 50 centavos, with gold 2, 5 and 10 pesos introduced by 1870. In 1889, Colombian 50 centavo The centavo (Spanish and Portuguese 'one hundredth') is a fractional monetary unit that represents one hundredth of a basic monetary unit in many countries around the world. The term comes from Latin ''centum'', ('one hundred'), with the added suf ... coins were counterstamped and issued as 50 centavo coins in Costa Rica. Banknotes Private banks is ...
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Spanish Real
The ''real'' (English: /ɹeɪˈɑl/ Spanish: /reˈal/) (meaning: "royal", plural: ''reales'') was a unit of currency in Spain for several centuries after the mid-14th century. It underwent several changes in value relative to other units throughout its lifetime until it was replaced by the '' peseta'' in 1868. The most common denomination for the currency was the silver eight-''real'' Spanish dollar (''Real de a 8'') or peso which was used throughout Europe, America and Asia during the height of the Spanish Empire. History In Spain and Spanish America The first real was introduced by King Pedro I of Castile in the mid 14th century, with 66 minted from a ''Castilian mark'' of silver (230.0465 grams) in a fineness of (0.9306), and valued of 3 ''maravedíes''. It circulated beside various other silver coins until a 1497 ordinance eliminated all other coins and retained the real (now minted 67 to a mark of silver, 0.9306 fine, fine silver of 3.195 grams) subdivided into 34 ...
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Spanish Colonial Real
The silver real ( es, real de plata) was the currency of the Spanish Empire, Spanish colonies in America and the Philippines. In the seventeenth century the silver real was established at two Spanish real, billon reals (''reales de vellón'') or sixty-eight ''Spanish maravedí, maravedís''. Gold ''Spanish escudo, escudos'' (worth 16 reales) were also issued. The coins circulated throughout Spain's colonies and beyond, with the eight-real piece, known in English as the Spanish dollar, becoming an international standard and spawning, among other currencies, the United States dollar. A reform in 1737 set the silver real at two and half billon reals (reales de vellón) or eighty-five maravedís. This coin, called the ''real de plata fuerte'', became the new standard, issued as coins until the early 19th century. The gold escudo was worth 16 ''reales de plata fuerte''. History Coins were produced at mints in Bogotá, Caracas, Guatemala City, Lima, Mexico City, Popayán, Potosí, San ...
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Central American Republic Real
The real was the currency of the Federal Republic of Central America from 1824 to 1838/1841. Sixteen silver reales equaled one gold ''escudo'', and 8 reales equaled one peso. The Central American Republic's real replaced the Spanish colonial real The silver real ( es, real de plata) was the currency of the Spanish colonies in America and the Philippines. In the seventeenth century the silver real was established at two billon reals (''reales de vellón'') or sixty-eight ''maravedís'' ... 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 real, Salvadoran peso, Guatemalan peso, Honduran real and Nicaraguan peso. References Currencies of Central America Modern obsolete currencies 19th-century economic history Federal Republic of Central America Currencies of Nicaragua Currencies of Honduras Currencies of Guatemala 1824 establishments in Central America ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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Economic History Of Costa Rica
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. ...
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