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Milréis
The mil-réis (literally one thousand réis) was effectively a unit of currency in both Portugal (until 1911) and Brazil (until 1942). As the value of the Portuguese real has historically been low (minted in copper since the 16th century), accounts have been kept in ''réis'' as well as ''milréis'' of 1,000 ''réis''. The latter has been in use since the 1760s. In an edict of 24 April 1835 the main unit of account shifted from the ''real'' to the ''milréis''. It was replaced in 1911 by the escudo The escudo ( Portuguese: 'shield') is a unit of currency historically used in Portugal and its colonies in South America, Asia, and Africa. It was originally worth 16 silver . The Cape Verdean escudo and the former Portuguese escudo (PTE), eac ... in Portugal ne escudo (1$000)= one thousand réisand in 1942 by the cruzeiro in Brazil. By the time it was replaced by the cruzeiro in Brazil, one mil-réis (1$000) was worth a dozen loaves of bread. References External links Cédu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Real
The ''real'' (, meaning "royal", plural: ''réis'' or rchaic''reais'') was the unit of currency of Portugal and the Portuguese Empire from around 1430 until 1911. It replaced the '' dinheiro'' at the rate of 1 real = 840 dinheiros and was itself replaced by the ''escudo'' (as a result of the Republican revolution of 1910) at a rate of 1 escudo = 1000 réis. The ''escudo'' was further replaced by the euro at a rate of 1 euro = 200.482 ''escudos'' in 2002. History The first ''real'' was introduced by King Fernando I around 1380.Numária nacional Tesouros Numismáticos Portugueses It was a silver coin and had a value of 120 '' dinheiros'' (10 ''soldos'' or ''libra''). In the reign of [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Escudo
The Portuguese escudo was the currency of Portugal from May 22nd 1911 until the introduction of the euro on January 1st 2002. The escudo was subdivided into 100 . The word derives from the scutum shield. Amounts in escudos were written as with the as the decimal separator (for example: means , means ). Because of the conversion rate of 1,000 = , three decimal places were initially used ( = ). History The currency replaced by the escudo in 1911 was denominated in Portuguese reals (plural: ) and worth 1,000 . The was equivalent to 2.0539 grams fine gold from 1688 to 1800, and 1.62585 g from 1854 to 1891. Gold worth 1.6 (or ; not to be confused with the 20th-century currency) were issued from 1722 to 1800 in denominations of , 1, 2, 4 and 8 . The escudo (gold) was again introduced on 22 May 1911, after the 1910 Republican revolution, to replace the real at the rate of 1,000 to 1 . The term (thousand ) remained a colloquial synonym of up to the 1990s. One million w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area and the seventh most populous. Its capital is Brasília, and its most populous city is São Paulo. The federation is composed of the union of the 26 States of Brazil, states and the Federal District (Brazil), Federal District. It is the largest country to have Portuguese language, Portuguese as an List of territorial entities where Portuguese is an official language, official language and the only one in the Americas; one of the most Multiculturalism, multicultural and ethnically diverse nations, due to over a century of mass Immigration to Brazil, immigration from around the world; and the most populous Catholic Church by country, Roman Catholic-majority country. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Cruzeiro (1942–1967)
The (first) cruzeiro (Cr$) was the official currency of Brazil from 1942 to 1967. It replaced the old real (pl. ''réis''), which had been in use since colonial times, at the rate of Rs 1$000 = Cr$1, It was in turn replaced by the cruzeiro novo, at the rate of Cr$1,000 = NCr$1. The name cruzeiro was later reused for two other currencies, which were official in 1970–1986 (initially denominated as the ''cruzeiro novo'' to avoid confusion between new and old currency) and 1990–1993. The cruzeiro was divided into 100 centavos, a convention that persisted through all subsequent Brazilian currencies, but in the first cruzeiro, values below Cr$0.10 were never issued because Rs 10 coins (equivalent to Cr$0.01) had not circulated since the end of the 19th century, and Rs 20 and Rs 50 coins (equivalent to Cr$0.02 and Cr$0.05 respectively) had not been issued since 1935. Initially, the project, dating from the late 1920s, was that the amount to be converted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Portugal
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) 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 "currency ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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