Currency Of Spanish America
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Currency Of Spanish America
This article provides an outline of the currency of Spanish America (''las Indias'', the Indies) from Spanish colonization in the 15th century until Spanish American independencies in the 19th. This great realm was divided into the Viceroyalty of New Spain (capital: Mexico City), which came to include all Spanish territory north of Panama, the West Indies, Venezuela, and the Philippines, and the Viceroyalty of Peru (capital: Lima), which included Panama and all Spanish territory in South America except Venezuela. The monetary system of Spanish America, originally identical to that of Spain, soon diverged and took on a distinctive character of its own, which it passed on to the independent nations that followed after. 1480–1516 Ferdinand and Isabella 1497 Medina del Campo Real (R) = 34 Maravedíes (mrs) After the Spanish kingdoms were united under Ferdinand of Aragon and Isabella of Castile and soon after the conquest of Granada, the Spanish monetary system was reformed. Th ...
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Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ...
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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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Lima
Lima ( ; ), originally founded as Ciudad de Los Reyes (City of The Kings) is the capital and the largest city of Peru. It is located in the valleys of the Chillón River, Chillón, Rímac River, Rímac and Lurín Rivers, in the desert zone of the central coastal part of the country, overlooking the Pacific Ocean. Together with the seaside city of Callao, it forms a contiguous urban area known as the Lima Metropolitan Area. With a population of more than 9.7 million in its urban area and more than 10.7 million in its metropolitan area, Lima is one of the largest cities in the Americas. Lima was named by natives in the agricultural region known by native Peruvians as ''Limaq''. It became the capital and most important city in the Viceroyalty of Peru. Following the Peruvian War of Independence, it became the capital of the Republic of Peru (República del Perú). Around one-third of the national population now lives in its Lima Metropolitan Area, metropolitan area. The city of Li ...
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Plus Ultra (motto)
''Plus ultra'' (, , en, "Further beyond") is a Latin phrase and the national motto of Spain. A reversal of the original phrase ''non plus ultra'' ("Nothing further beyond"), said to have been inscribed as a warning on the Pillars of Hercules at the Strait of Gibraltar (which marked the edge of the known world in antiquity), it has metaphorical suggestions of taking risks and striving for excellence. Its original version, the personal motto of the Holy Roman Emperor Charles V, also Duke of Burgundy and King of Spain, was ''Plus oultre'' in French. The motto was adopted some decades after the discovery of the New World by Christopher Columbus. History ''Plus oultre'', French for "further beyond", was adopted by the young Duke of Burgundy and new King of Spain Charles of Habsburg as his personal motto at the suggestion of his adviser Luigi Marliano, an Italian physician, in 1516. It was emblematic of Marliano's vision of a Christian empire spanning beyond the boundaries of ...
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Pillars Of Hercules
The Pillars of Hercules ( la, Columnae Herculis, grc, Ἡράκλειαι Στῆλαι, , ar, أعمدة هرقل, Aʿmidat Hiraql, es, Columnas de Hércules) was the phrase that was applied in Antiquity to the promontories that flank the entrance to the Strait of Gibraltar. The northern Pillar, Calpe Mons, is the Rock of Gibraltar. A corresponding North African peak not being predominant, the identity of the southern Pillar, Abila Mons, has been disputed throughout history, with the two most likely candidates being Monte Hacho in Ceuta and Jebel Musa in Morocco. History According to Greek mythology adopted by the Etruscans and Romans, when Hercules had to perform twelve labours, one of them (the tenth) was to fetch the Cattle of Geryon of the far West and bring them to Eurystheus; this marked the westward extent of his travels. A lost passage of Pindar quoted by Strabo was the earliest traceable reference in this context: "the pillars which Pindar calls the 'gates of ...
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New Spain
New Spain, officially the Viceroyalty of New Spain ( es, Virreinato de Nueva España, ), or Kingdom of New Spain, was an integral territorial entity of the Spanish Empire, established by Habsburg Spain during the Spanish colonization of the Americas and having its capital in Mexico City. Its jurisdiction comprised a huge area that included what is now Mexico, the Western and Southwestern United States (from California to Louisiana and parts of Wyoming, but also Florida) in North America; Central America, the Caribbean, very northern parts of South America, and several territorial Pacific Ocean archipelagos. After the 1521 Spanish conquest of the Aztec empire, conqueror Hernán Cortés named the territory New Spain, and established the new capital, Mexico City, on the site of the Tenochtitlan, the capital of the Mexica (Aztec) Empire. Central Mexico became the base of expeditions of exploration and conquest, expanding the territory claimed by the Spanish Empire. With the polit ...
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Spanish Escudo
The escudo was either of two distinct Spanish currency denominations. Gold escudo The first escudo was a gold coin introduced in 1535/1537, with coins denominated in escudos issued until 1833. It was initially worth 16 '' reales''. When different reales were introduced, the escudo became worth 16 ''reales de plata'' in 1642, then 16 ''reales de plata fuerte'' or 40 ''reales de vellón'' from 1737. Coins Gold coins were issued in denominations of , 1, 2, 4 and 8 escudos, with the 2 escudos coin known as the doubloon. Between 1809 and 1849, coins denominated as 80, 160 and 320 reales (de vellon) were issued, equivalent, in gold content and value, to the 2, 4 and 8 escudo coins. Most were minted in Madrid, marked with a superscripted M or in Seville bearing an S below and left of the Royal Coat of Arms. The mintmaster's initials appeared on the opposite side. Silver escudo The second escudo was the currency of Spain between 1864 and 1869. It was subdivided into 100 ''céntimos de ...
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Charles V, Holy Roman Emperor
Charles V, french: Charles Quint, it, Carlo V, nl, Karel V, ca, Carles V, la, Carolus V (24 February 1500 – 21 September 1558) was Holy Roman Emperor and Archduke of Austria from 1519 to 1556, King of Spain (Crown of Castile, Castile and Crown of Aragon, Aragon) from 1516 to 1556, and Lord of the Netherlands as titular Duke of Burgundy from 1506 to 1555. He was heir to and then head of the rising House of Habsburg during the first half of the 16th century, his dominions in Europe included the Holy Roman Empire, extending from Kingdom of Germany, Germany to Kingdom of Italy (Holy Roman Empire), northern Italy with direct rule over the Austrian hereditary lands and the Burgundian Low Countries, and Habsburg Spain, Spain with its southern Italy, southern Italian possessions of Kingdom of Naples, Naples, Kingdom of Sicily, Sicily, and Kingdom of Sardinia, Sardinia. He oversaw both the continuation of the long-lasting Spanish colonization of the Americas and the short-live ...
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Hispaniola
Hispaniola (, also ; es, La Española; Latin and french: Hispaniola; ht, Ispayola; tnq, Ayiti or Quisqueya) is an island in the Caribbean that is part of the Greater Antilles. Hispaniola is the most populous island in the West Indies, and the region's second largest in area, after the island of Cuba. The island is divided into two separate nations: the Spanish-speaking Dominican Republic (48,445 km2, 18,705 sq mi) to the east and the French/ Haitian Creole-speaking Haiti (27,750 km2, 10,710 sq mi) to the west. The only other divided island in the Caribbean is Saint Martin, which is shared between France ( Saint Martin) and the Netherlands (Sint Maarten). Hispaniola is the site of one of the first European settlements in the Americas, La Navidad (1492–1493), as well as the first proper town, La Isabela (1493–1500), and the first permanent settlement, the current capital of the Dominican Republic, Santo Domingo (est. 1498). These settlements were founded succe ...
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Seville
Seville (; es, Sevilla, ) is the capital and largest city of the Spanish autonomous community of Andalusia and the province of Seville. It is situated on the lower reaches of the River Guadalquivir, in the southwest of the Iberian Peninsula. Seville has a municipal population of about 685,000 , and a metropolitan population of about 1.5 million, making it the largest city in Andalusia, the fourth-largest city in Spain and the 26th most populous municipality in the European Union. Its old town, with an area of , contains three UNESCO World Heritage Sites: the Alcázar palace complex, the Cathedral and the General Archive of the Indies. The Seville harbour, located about from the Atlantic Ocean, is the only river port in Spain. The capital of Andalusia features hot temperatures in the summer, with daily maximums routinely above in July and August. Seville was founded as the Roman city of . Known as ''Ishbiliyah'' after the Islamic conquest in 711, Seville became ...
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Burgos
Burgos () is a city in Spain located in the autonomous community of Castile and León. It is the capital and most populated municipality of the province of Burgos. Burgos is situated in the north of the Iberian Peninsula, on the confluence of the Arlanzón river tributaries, at the edge of the central plateau. The municipality has a population of about 180,000 inhabitants. The Camino de Santiago runs through Burgos. Founded in 884 by the second Count of Castile, Diego Rodríguez Porcelos, Burgos soon became the leading city of the embryonic County of Castile. The 11th century chieftain Rodrigo Díaz de Vivar (''El Cid'') had connections with the city: born near Burgos, he was raised and educated there. In a long-lasting decline from the 17th century, Burgos became the headquarters of the Francoist proto-government (1936-1939) following the start of the Spanish Civil War. Declared in 1964 as Pole of Industrial Promotion and in 1969 as Pole of Industrial Development, the city h ...
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Joanna Of Castile
Joanna (6 November 1479 – 12 April 1555), historically known as Joanna the Mad ( es, link=no, Juana la Loca), was the nominal Queen of Castile from 1504 and Queen of Aragon from 1516 to her death in 1555. She was married by arrangement to Philip the Handsome, Archduke of Austria, of the House of Habsburg, on 20 October 1496.Bethany Aram, ''Juana the Mad: Sovereignty and Dynasty in Renaissance Europe'' (Baltimore, Johns Hopkins UP, 2005), p. 37 Following the deaths of her brother, John, Prince of Asturias, in 1497, her elder sister Isabella in 1498, and her nephew Miguel in 1500, Joanna became the heir presumptive to the crowns of Castile and Aragon. When her mother, Queen Isabella I of Castile, died in 1504, Joanna became Queen of Castile. Her father, King Ferdinand II of Aragon, proclaimed himself Governor and Administrator of Castile.Bergenroth, G A, Introduction. Letters, Despatches, and State Papers to the Negotiations between England and Spain. Suppl. to vols 1 and 2. ...
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