Dinheiro
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Dinheiro
The dinheiro was the currency of Portugal from around the late 12th century until approximately 1502. For accounting purposes, twelve dinheiros equalled one ''soldo'' and twenty soldos equal one ''libra'' (pound). The basis of the monetary system was that of the Roman Empire (denarii, solidi, librae). The first Portuguese coins were issued by the first king, Afonso I. Some time after 1179, he ordered the issue of coins in denominations of half a dinheiro (called a ''mealha'') and one dinheiro. They were copied from the Spanish dinero and were consequently minted in billon. These circulated alongside Byzantine siliquae and Moorish dirhem and dinar. Around 1200, Sancho I also introduced the gold ''morabitino'' (from the muslim maravedi), worth 15 soldos. A century later, in the reign of King Denis, the silver ''tornês'' was introduced, worth soldos. In 1380, King Ferdinand I introduced several new coins. There were gold ''dobra'', worth 6 libras, silver '' real'' worth 10 so ...
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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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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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