São Tomé And Príncipe Real
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São Tomé And Príncipe Real
The real was the currency of Portuguese São Tomé and Príncipe until 1914. It was equivalent to the Portuguese real. Coins were issued specifically for São Tomé and Príncipe until 1825 and banknotes were issued for the colony beginning in 1897. The real was replaced by the escudo The escudo ( Portuguese: 'shield') is a unit of currency which is used in Cape Verde, and which has been used by Portugal, Spain and their colonies. The original coin was worth 16 silver . The Cape Verdean escudo is, and the Portuguese escudo ... at a rate of 1000 réis = 1 escudo. Coins Until 1825, copper coins were issued in São Tomé and Príncipe for 20, 40 and 80 réis. Banknotes In 1897, the Banco National Ultramarino introduced notes for 1000, 2000, 2500, 5000, 10,000 and 20,000 réis. Denominations of 50,000 réis notes were added in 1909. References * * Modern obsolete currencies Currencies of Portugal Economic history of Portugal 1914 disestablishments Currencies of São T ...
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Portuguese São Tomé And Príncipe
Portuguese São Tomé and Príncipe or Portuguese Central Africa was a colony of the Portuguese Empire from the discovery of the islands in 1470 until 1975, when independence was granted by Portugal. History The Portuguese explorers João de Santarém and Pêro Escobar discovered the islands around 1470,Francisco, Agostinho, p.24 which they found uninhabited.Grivetti, Shapiro, p. 1849 São Tomé Island was named by the Portuguese in honor of Saint Thomas, as they discovered the island on his feast day, while the island of Príncipe (Prince's island) was named in honor of Afonso, Prince of Portugal, his father's favorite. The first attempt to settle the islands began in 1485, when the Portuguese Crown granted João de Paiva the island of São Tomé. However, this attempt was not successful because the settlers were unable to produce food in the specific conditions and climate that the islands offered, and because of the tropical diseases that affected the settlers. It was only ...
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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 = libras = 70 soldos = 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 ...
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São Tomé And Príncipe Escudo
The escudo was the currency of São Tomé and Príncipe between 1914 and 1977. It was equivalent to the Portuguese escudo and subdivided into 100 centavo The centavo (Spanish language, Spanish and Portuguese language, 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 ''centu ...s. History The escudo replaced the real at a rate of 1000 réis = 1 escudo. Initially, only banknotes were issued in the name of São Tomé and Príncipe and the colony used Portuguese coins. Only in 1929 were coins also issued for the colony. The escudo was replaced at par by the dobra following independence. Coins In 1929, nickel-bronze 10, 20 and 50 centavos coins were introduced. These were followed in 1939 by cupro-nickel 1 escudo and silver , 5 and 10 escudos. Bronze 10, 20 and 50 centavos and 1 escudo, and cupro-nickel escudos were introduced in 1962, followed, in 1971, ...
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Banco National Ultramarino
Banco Nacional Ultramarino (, BNU; ; ) is a Macau banking and financial services corporation. It was historically a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased existence as an independent legal entity in Portugal following its merger in 2001 with Caixa Geral de Depósitos, the government-owned savings bank. The bank continues operations today under the Banco Nacional Ultramarino brand in Macau, a Chinese special administrative region and former Portuguese colony, where it is also licensed to issue Macanese pataca banknotes. Timeline Banco Nacional Ultramarino (BNU) was established in Lisbon, Portugal, in 1864 as a bank of issue for Portuguese overseas territories. the next year it opened branches in Luanda, Angola and Praia, Cabo Verde. Three years after that, in 1868, BNU opened branches in São Tomé and Príncipe, Goa, and Lourenço Marques, Mozambique. In 1901, BNU lost its banking monopoly, but r ...
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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 ** Moderne, multiple architectural styles ** Modernisme a.k.a. Catalan Modernism * 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 ...
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Currencies Of Portugal
A currency 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'' appear in the respective synonymous articles: banknote, coin, and money. This article uses ...
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Economic History Of Portugal
The economic history of Portugal covers the development of the economy of Portugal, economy throughout the course of Portuguese history. It has its roots prior to nationality, when Roman Empire, Roman occupation developed a thriving economy of Hispania, economy in Hispania, in the provinces of Lusitania and Gallaecia, as producers and exporters to the Roman Empire. This continued under the Visigoths and then Al-Andalus Moorish rule, until the Kingdom of Portugal was established in 1139. With the end of Portuguese reconquista and integration in the Economic history of Europe#Interaction and renaissance in the Middle Ages, European Middle Age economy, the Portuguese were at the forefront of Portuguese discoveries, maritime exploration of the Age of Discovery, expanding to become the first Portuguese Empire, global empire. Portugal then became the world's main economic power during the Renaissance, introducing most of Africa and the East to European society, and establishing a G ...
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1914 Disestablishments
This year saw the beginning of what became known as the First World War, after Archduke Franz Ferdinand of Austria, heir to the Austrian throne was Assassination of Archduke Franz Ferdinand, assassinated by Serbian nationalist Gavrilo Princip. It also saw the first airline to provide scheduled regular commercial passenger services with heavier-than-air aircraft, with the St. Petersburg–Tampa Airboat Line. Events January * January 1 – The St. Petersburg–Tampa Airboat Line in the United States starts services between St. Petersburg, Florida, St. Petersburg and Tampa, Florida, becoming the first airline to provide scheduled regular commercial passenger services with heavier-than-air aircraft, with Tony Jannus (the first federally-licensed pilot) conveying passengers in a Benoist XIV flying boat. Abram C. Pheil, mayor of St. Petersburg, is the first airline passenger, and over 3,000 people witness the first departure. * January 11 **The Sakurajima volcano in Japan ...
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Currencies Of São Tomé And Príncipe
A currency 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'' appear in the respective synonymous articles: banknote, coin, and money. This article uses ...
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