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 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 Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financial services corporation. It was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased e ... 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 History of São Tomé ...
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Portuguese São Tomé And Príncipe
São Tomé and Príncipe islands were a colony of the Portuguese Empire from its discovery 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 The São Tomé island was named by the Portuguese in honor of Saint Thomas, as they discovered the island on his feast day, while the Príncipe island (Prince's island) was named in honor of Afonso, Prince of Portugal, his father's favorite. The first attempt of settlement in the islands began in 1485, when the Portuguese Crown granted to João de Paiva the São Tomé island. 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 in 1493 when King John II of Portuga ...
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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 = 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
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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 centavos. 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, by aluminium 10 centavos and cupro-nickel 5, 10 and 20 escudos. This was the last year of coin production. Banknotes In 1914, the Banco National Ultramarino Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financ ...
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Banco National Ultramarino
Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financial services corporation. It was 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 ...
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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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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 ...
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Economic History Of Portugal
The economic history of Portugal covers the development of the economy throughout the course of Portuguese history. It has its roots prior to nationality, when Roman occupation developed a thriving 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 European Middle Age economy, the Portuguese were at the forefront of maritime exploration of the age of discovery, expanding to become the first 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 multi-continental trading system extending from Japan to Brazil. In 1822, Portugal lost its main overseas territory, Brazil. The transition from absolutism to a parliamenta ...
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1914 Disestablishments
This year saw the beginning of what became known as World War I, after Archduke Franz Ferdinand of Austria, heir to the Austrian throne was 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 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 begins to erupt, becoming effusive after a very large earthquak ...
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History Of São Tomé And Príncipe
The islands of São Tomé and Príncipe were uninhabited at the time of the arrival of the Portuguese sometime between 1469 and 1471. After the islands were discovered by the explorers João de Santarém and Pêro Escobar, Portuguese navigators explored the islands and decided they would be a good location for bases to trade with the mainland. History of Portuguese São Tomé and Príncipe The first successful settlement of São Tomé was established in 1493 by Álvaro Caminha, who received the land as a grant from the crown. Príncipe was settled in 1500 under a similar arrangement. Attracting settlers proved difficult, however, and most of the earliest inhabitants were "undesirables" sent from Portugal, mostly Jews. In time, these settlers found the excellent volcanic soil of the region suitable for agriculture, especially the growing of sugar. The cultivation of sugar was a labor-intensive process, and the Portuguese began to import large numbers of slaves from the Africa ...
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Currencies Of São Tomé And Príncipe
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 ...
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