Portuguese Guinean Real
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Portuguese Guinean Real
The real (plural réis) was the currency of Portuguese Guinea until 1914. It was equal to the Portuguese real. Paper money specifically for Portuguese Guinea was first issued in 1909, supplementing Portuguese currency. Denominations were between 1000 réis (1 mil réis) and 50 mil réis. The real was replaced 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 ... at a rate of 1 escudo = 1000 réis. References * * Currencies of Africa Economic history of Portugal Modern obsolete currencies 1914 disestablishments in Portuguese Guinea Currencies of Portugal Economy of Guinea-Bissau 1909 establishments in Portuguese Guinea {{Portugal-stub ...
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Portuguese Guinea
Portuguese Guinea ( pt, Guiné), called the Overseas Province of Guinea from 1951 until 1972 and then State of Guinea from 1972 until 1974, was a West African colony of Portugal from 1588 until 10 September 1974, when it gained independence as Guinea-Bissau. Slave trade The Portuguese Crown commissioned its navigators to explore the Atlantic coast of West Africa in the 1430s, to find sources of gold. At that time the gold trade was controlled by Morocco. Muslim caravans across the Sahara also carried salt, kola, textiles, fish, grain, and slaves. The navigators first passed the obstruction of Cape Bojador in 1437 and were able to explore the West African coast as far as Sierra Leone by 1460 and colonize the Portuguese Cape Verde, Cape Verde islands beginning in 1456.C.R. Boxer, (1977). The Portuguese seaborne empire, 1415–1825, pp. 26–7, 30 London, Hutchinson & Co. The gold ultimately came from the upper reaches of the Niger and Volta Rivers and the Portuguese crown wanted ...
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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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Portuguese Guinea Escudo
The escudo was the currency of Portuguese Guinea between 1914 and 1975. It was equal to the Portuguese escudo and replaced the real at a rate of 1000 réis = 1 escudo. The escudo was subdivided into 100 ''centavos''. Portugal issued banknotes (starting in 1914) and coins (starting in 1933) for use in Portuguese Guinea. Following independence, the peso replaced the escudo at par. Coins In 1933, coins were introduced in denominations of 5, 10, 20 and 50 centavos and 1 escudo. Coins of , 10 and 20 escudos were added in 1952, with 5 escudos coins introduced in 1973. Banknotes In 1914, notes were issued by the Banco Nacional 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 ... in denominations of 10, 20 and 50 centavos. In 1921, larger denominations, from 1 escudo up to 100 e ...
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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 ...
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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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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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1914 Disestablishments In Portuguese Guinea
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 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 b ...
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