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Equatorial Guinean Ekwele
The ekwele or ekuele was the currency of Equatorial Guinea between 1975 and 1985. Although nominally divided into 100 ''céntimos'', no subdivisions were issued. The name ekuele (plural the same) was used until 1979, whilst ekwele (plural ''bipkwele'') was used after. The renaming of the currency to "ekwele" from "peseta" was motivated largely by a sweeping Africanization program meant to rid the country of its colonial past by removing Spanish names and references from the public domain; the ''ekpele'' was a pre-colonial iron currency used by the Fang and Beti people. The ekuele replaced the '' peseta guineana'' at par, whilst the ekwele was replaced by the Central African CFA franc (written ''franco'' on Equatorial Guinean coins and banknotes) at a rate of 1 Franco = 4 bipkwele. Coins The first ekuele coins were issued in 1975. All denominations depicted the first president Francisco Macías Nguema on the obverse and allegorical motifs on the reverse. These were aluminum-bron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equatorial Guinea
Equatorial Guinea ( es, Guinea Ecuatorial; french: Guinée équatoriale; pt, Guiné Equatorial), officially the Republic of Equatorial Guinea ( es, link=no, República de Guinea Ecuatorial, french: link=no, République de Guinée équatoriale, pt, link=no, República da Guiné Equatorial), *french: link=no, République de Guinée équatoriale * pt, link=no, República da Guiné Equatorial is a country on the west coast of Central Africa, with an area of . Formerly the colony of Spanish Guinea, its post-independence name evokes its location near both the Equator and the Gulf of Guinea. , the country had a population of 1,468,777. Equatorial Guinea consists of two parts, an insular and a mainland region. The insular region consists of the islands of Bioko (formerly ''Fernando Pó'') in the Gulf of Guinea and Annobón, a small volcanic island which is the only part of the country south of the equator. Bioko Island is the northernmost part of Equatorial Guinea and is the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Teodoro Obiang Nguema Mbasogo
Teodoro Obiang Nguema Mbasogo (; born 5 June 1942) is an Equatoguinean politician and former military officer who has served as the second president of Equatorial Guinea since August 1979. He is the longest-serving president of any country ever and the first or second- longest consecutively-serving current non-royal national leader in the world. After graduating from military school, Obiang held numerous positions under the presidency of his uncle, Francisco Macías Nguema, including director of the notorious Black Beach prison. He ousted Macías in a 1979 military coup and took control of the country as president and chairman of the Supreme Military Council junta. After the country's nominal return to civilian rule in 1982, he founded the Democratic Party of Equatorial Guinea (PDGE) in 1987, which was the country's sole legal party until 1992. He has overseen Equatorial Guinea's emergence as an important oil producer, beginning in the 1990s. Obiang was Chairperson of the A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Equatorial Guinea
The economy of Equatorial Guinea has traditionally been dependent on commodities such as cocoa and coffee, but is now heavily dependent on petroleum due to the discovery and exploitation of significant oil reserves in the 1980s. In 2017, it graduated from "Least Developed Countries, Least Developed Country" status, the only Sub-Saharan African nation that managed to do so besides Botswana. However, despite the economic growth and improving infrastructure, the country has been ranked only List of countries by Human Development Index, 138th out of 188 countries on the United Nations Human Development Index in 2015 and despite its impressive GNI figure, it is still plagued by extreme poverty because its Gini coefficient of 65.0 is the highest in the entire world . After the price of oil, oil price collapsed in 2014, the economy went into a free fall which put growth in a downward spiral from around 15% to −10%. Economy overview Pre-independence Equatorial Guinea counted on Cocoa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Africa
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 "curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Union
A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more State (polity), states sharing the same currency. These states may not necessarily have any Economic integration#Stages, further integration (such as an economic and monetary union, which would have, in addition, a customs union and a single market). There are three types of currency unions: * ''Informal'' – unilateral adoption of a foreign currency. * ''Formal'' – adoption of foreign currency by virtue of bilateral or multilateral agreement with the monetary authority, sometimes supplemented by issue of local currency in currency peg regime. * ''Formal with common policy'' – establishment by multiple countries of a common monetary policy and monetary authority for their common currency. The theory of the optimal currency area addresses the question of how to determine what geographical regions should share a currency in order to maximize economic efficiency. Advantag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fábrica Nacional De Moneda Y Timbre
The Royal Mint of Spain ( es, Fábrica Nacional de Moneda y Timbre – Real Casa de la Moneda, lit=National Coinage and Stamp Factory – Royal Mint, FNMT-RCM) is the national mint of Spain. The FNMT-RCM is a public corporation that is attached to the Ministry of Economy. History There were several public and private mints in Spain until Philip V, the first Bourbon King of Spain, decided in the 18th century to make minting coinage a State monopoly. During the reign of Isabella II there were seven public mints, located in Madrid, Barcelona, Seville, Pamplona, Jubia, Segovia and Manila (in the Philippines), and each one had its own cypher and signs. When the peseta became the national currency in 1869, only the Royal Mint in Madrid was in operation. In 1893 the Mint (''Casa de la Moneda'') and the Stamp Factory (''Fábrica del Sello''), which so far had been two different establishments sharing a building in Plaza de Colón, merged to create the ''Fábrica Nacional de Moneda y Ti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas De La Rue
Thomas de la Rue (24 March 1793 – 7 June 1866) was a printer from Guernsey who founded De La Rue plc, a printing company which is now the world's largest commercial security printer and papermaker. Biography Born on Le Bourg, Forest, Guernsey to Rachael () and Eleazar de la Rue. Thomas was the seventh of their nine children. Thomas de la Rue was apprenticed to a master-printer, Joseph Antoine Chevalier in Saint Peter Port in 1803. He went into business with Tom Greenslade and together they launched the newspaper ''Le Publiciste''. Having fallen out with Greenslade, Thomas de la Rue launched his own publication, ''Le Miroir politique'', first published on 6 February 1813. In 1816 he left Guernsey, for London, where he initially established a business making straw hats. Then in 1830 together with Samuel Cornish and William Rock he founded a business of "cardmakers, hot pressers and enamellers". in 1831, de la Rue was granted the right to print playing cards, making it the first co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coins Of The Equatorial Guinean Ekwele
A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. ''Obverse'' and its opposite, ''reverse'', refer to the two flat faces of coins and medals. In this usage, ''obverse'' means the front face of the object and ''reverse'' means the back face. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse ''tails''. Coins are usually made of metal or an alloy, or sometimes of man-made materials. They are usually disc shaped. Coins, made of valuable metal, are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest val ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Community Of Central African States
The Economic Community of Central African States (ECCAS; french: Communauté Économique des États de l'Afrique Centrale, CEEAC; es, Comunidad Económica de los Estados de África Central, CEEAC; pt, Comunidade Económica dos Estados da África Central, CEEAC) is an Economic Community of the African Union for promotion of regional economic co-operation in Central Africa. It "aims to achieve collective autonomy, raise the standard of living of its populations and maintain economic stability through harmonious cooperation". History Customs and Economic Union of Central Africa The Customs and Economic Union of Central Africa (or UDEAC from its name in French, ), (in Spanish: , UAEAC), (in Portuguese: , UAEAC), established by the Brazzaville Treaty in 1964, formed a customs union with free trade between members and a common external tariff for imports from other countries. The treaty became effective in 1966 after it was ratified by the then five member countries—Cameroon, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francisco Macías Nguema
Francisco Macías Nguema ( Africanised to Masie Nguema Biyogo Ñegue Ndong; 1 January 1924 – 29 September 1979), often mononymously referred to as Macías, was an Equatoguinean politician who served as the first President of Equatorial Guinea from the country's independence in 1968 until his overthrow in 1979. He is widely remembered as one of the most brutal dictators in history. A member of the Fang people, Macías held numerous official positions under Spanish colonial rule before being elected the first president of the soon-to-be independent country in 1968. Early in his rule, he consolidated power by establishing an extreme cult of personality, a one-party state ruled by his United National Workers' Party and declaring himself president for life in 1972, which was then ratified by a referendum the following year. Due to his dictatorship's severe human rights abuses and economic mismanagement, tens of thousands of people fled the country to avoid persecution while Equato ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Céntimo
The céntimo (in Spanish-speaking countries) or cêntimo (in Portuguese-speaking countries) was a currency unit of Spain, Portugal and their former colonies. The word derived from the Latin meaning "hundredth part". The main Spanish currency, before the euro, was the peseta which was divided into 100 céntimos. In Portugal it was the real and later the escudo, until it was also replaced by the euro. In the European community ''cent'' is the official name for one hundredth of a euro. However, both ''céntimo'' (in Spanish) and ''cêntimo'' (in Portuguese) are commonly used to describe the euro cent. Current use Céntimo or cêntimo is one-hundredth of the following basic monetary units: Portuguese cêntimo * Angolan kwanza * São Tomé and Príncipe dobra Spanish céntimo * Costa Rican colón (but as centavo between 1917 and 1920) * Paraguayan guaraní * Peruvian sol * Philippine peso (as ''séntimo'' in Filipino, as centavo in English) * Venezuelan bolívar Obsolete Portug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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