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Réis
The first official currency of Brazil was the real (pronounced ; pl. ''réis''), with the symbol Rs$. As the currency of the Portuguese empire, it was in use in Brazil from the earliest days of the colonial period, and remained in use until 1942, when it was replaced by the cruzeiro. The name "real" was resurrected in 1994 for the new currency unit (but with the new plural form "reais"). This currency is still in use. One modern real is equivalent to 2.75 × 1018 (2.75 quintillion) of the old ''réis''. The name comes from the Portuguese word ''real'' (in the sense of "royal" or "regal") and was borrowed from a Portuguese currency previously used in Brazil. The dollar-like sign in the currency's symbol (and in the symbols of all other Brazilian currencies), called ''cifrão'' in Portuguese, was always written with two vertical strokes () rather than one. History The Portuguese real was the currency used by the first Portuguese settlers to arrive in the Americas, but t ...
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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 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 ... in Portugal and its colonies 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$000) was worth a dozen loaves of bread. References Exte ...
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Empire Of Brazil
The Empire of Brazil was a 19th-century state that broadly comprised the territories which form modern Brazil and Uruguay until the latter achieved independence in 1828. The empire's government was a Representative democracy, representative Parliamentary system, parliamentary constitutional monarchy under the rule of Emperors Pedro I of Brazil, Pedro I and his son Pedro II of Brazil, Pedro II. A Colonial Brazil, colony of the Kingdom of Portugal, Brazil became the seat of the Portuguese Empire in 1808, when the Portuguese Prince regent, later King Dom João VI of Portugal, John VI, fled from Napoleon's Invasion of Portugal (1807), invasion of Portugal and Transfer of the Portuguese Court to Brazil, established himself and his government in the Brazilian city of Rio de Janeiro. John VI later returned to Portugal, leaving his eldest son and heir-apparent, Pedro, to rule the Kingdom of Brazil as regent. On 7 September 1822, Pedro declared the independence of Brazil and, after waging ...
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Dollar Sign
The dollar sign, also known as the peso sign, is a currency symbol consisting of a Letter case, capital crossed with one or two vertical strokes ( or depending on typeface), used to indicate the unit of various currency, currencies around the world, including most currencies denominated "dollar" or "peso". The explicitly double-barred sign is called cifrão in the Portuguese language. The sign is also used in several compound currency symbols, such as the Brazilian real (R$) and the United States dollar (US$): in local use, the nationality prefix is usually omitted. In countries that have other currency symbols, the US dollar is often assumed and the "US" prefix omitted. The one- and two-stroke versions are often considered mere stylistic (typeface) variants, although in some places and epochs one of them may have been specifically assigned, by law or custom, to a specific currency. The Unicode computer encoding standard defines a single code for both. In most English l ...
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Coat Of Arms Of Portugal
The coat of arms of Portugal also referred, in Portugal, as the ''quinas'' are the main heraldic insignia of Portugal. They are used by the Portuguese Armed Forces, military and the Government of Portugal, government, including the courts. There are three versions of the coat of arms. One is used on the Flag of Portugal, national flag and the naval jack, another is used on regimental colours of military units, and the third was intended to be used in seal (emblem), seals, coins and other emblems. The shield, present on all three versions of the arms, is based on the royal arms used by Kingdom of Portugal, the monarchy since the Middle Ages, middle ages. The present model was ''de facto'' adopted on 1 December 1910, and ''de jure'' on 19 June 1911, specifications were published on 30 June 1911. Design The present model of the coat of arms of Portugal was designed by the painter Columbano Bordalo Pinheiro, Columbano, a member of the commission appointed on 15 October 1910 to prese ...
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Proclamation Of The Republic (Brazil)
The Proclamation of the Republic (), Coup of 1889 (''Golpe de 1889''), or Coup of the Republic (''Golpe da República'') was a military coup d'état that established the First Brazilian Republic on November 15, 1889. It took over the constitutional monarchy of the Empire of Brazil and ended the reign of Emperor Pedro II. The coup took place in Rio de Janeiro, the capital of the Empire at the time, when a group of military officers of the Imperial Army, led by Marshal Deodoro da Fonseca, staged a coup d'état without the use of violence, deposing Emperor Pedro II and the President of the Council of Ministers of the Empire, the Viscount of Ouro Preto. A provisional government was established that same day, 15th of November, with Marshal Deodoro da Fonseca as President of the Republic and head of the interim Government. Background From the 1870s, in the aftermath of the Paraguayan War (also called the War of the Triple Alliance, 1864-1870), some sectors of the elite tr ...
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Gold Standard
A gold standard is a backed currency, monetary system in which the standard economics, economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the w ...
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Gram
The gram (originally gramme; SI unit symbol g) is a Physical unit, unit of mass in the International System of Units (SI) equal to one thousandth of a kilogram. Originally defined in 1795 as "the absolute Mass versus weight, weight of a volume of pure water equal to Cube (algebra), the cube of the hundredth part of a metre [1 Cubic centimetre, cm3], and at Melting point of water, the temperature of Melting point, melting ice", the defining temperature (0 °C) was later changed to the temperature of maximum density of water (approximately 4 °C). Subsequent redefinitions agree with this original definition to within 30 Parts-per notation, parts per million (0.003%), with the maximum density of water remaining very close to 1 g/cm3, as shown by modern measurements. By the late 19th century, there was an effort to make the Base unit (measurement), base unit the kilogram and the gram a derived unit. In 1960, the new International System of Units defined a '' ...
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Carat (purity)
The fineness of a precious metal object (coin, bar, jewelry, etc.) represents the weight of ''fine metal'' therein, in proportion to the total weight which includes alloying base metals and any impurities. Alloy metals are added to increase hardness and durability of coins and jewelry, alter colors, decrease the cost per weight, or avoid the cost of high-purity refinement. For example, copper is added to the precious metal silver to make a more durable alloy for use in coins, housewares and jewelry. Coin silver, which was used for making silver coins in the past, contains 90% silver and 10% copper, by mass. Sterling silver contains 92.5% silver and 7.5% of other metals, usually copper, by mass. Various ways of expressing fineness have been used and two remain in common use: ''millesimal fineness'' expressed in units of parts per 1,000 and '' karats'' or ''carats'' used only for gold. Karats measure the parts per 24, so that 18 karat = = 75% gold and 24 karat gold is considere ...
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Inflation
In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. Changes in inflation are widely attributed to fluctuations in Real versus nominal value (economics), real demand for goods and services (also known as demand shocks, including changes in fiscal policy, fiscal or monetary policy), changes in available supplies such as during energy crisis, energy crises (also known as supply shocks), or changes in inflation expectations, which may be self-fulfilling. Moderat ...
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Northeast Region, Brazil
The Northeast Region of Brazil ( ) is one of the five official and political regions of the country according to the Brazilian Institute of Geography and Statistics. Of Brazil's twenty-six states, it comprises nine: Maranhão, Piauí, Ceará, Rio Grande do Norte, Paraíba, Pernambuco, Alagoas, Sergipe and Bahia, along with the Fernando de Noronha archipelago (formerly a separate territory, now part of Pernambuco). Chiefly known as ''Nordeste'' ("Northeast") in Brazil, this region was the first to be colonized by the Portuguese and other European peoples, playing a crucial role in the country's history. ''Nordestes dialects and rich culture, including its folklore, cuisines, music and literature, became the most easily distinguishable across the country. To this day, ''Nordeste'' is known for its history and culture, as well as for its natural environment and its hot weather. ''Nordeste'' stretches from the Atlantic seaboard in the northeast and southeast, northwest ...
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Dutch Brazil
Dutch Brazil (; ), also known as New Holland (), was a colony of the Dutch Republic in the northeastern portion of modern-day Brazil, controlled from 1630 to 1654 during Dutch colonization of the Americas. The main cities of the colony were the capital Mauritsstad (today part of Recife), Frederikstadt ( João Pessoa), Nieuw Amsterdam ( Natal), Saint Louis ( São Luís), São Cristóvão, Fort Schoonenborch ( Fortaleza), Sirinhaém, and Olinda. From 1630 onward, the Dutch Republic conquered almost half of Brazil's settled European area at the time, with its capital in Recife. The Dutch West India Company (GWC) set up its headquarters in Recife. The governor, John Maurice of Nassau, invited artists and scientists to the colony to help promote Brazil and increase immigration. However, the tide turned against the Dutch when the Portuguese won a significant victory at the Second Battle of Guararapes in 1649. On 26 January 1654, the Dutch surrendered and signed the capitulation, bu ...
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Dutch Empire
The Dutch colonial empire () comprised overseas territories and trading posts under some form of Dutch control from the early 17th to late 20th centuries, including those initially administered by Dutch chartered companies—primarily the Dutch East India Company (1602–1799) and Dutch West India Company (1621–1792)—and subsequently governed by the Dutch Republic (1581–1795) and modern Kingdom of the Netherlands (1815–1975). Following the ''de facto'' independence of the Dutch Republic from the Spanish Empire in the late 16th century, various trading companies known as '' voorcompagnie'' led maritime expeditions overseas in search of commercial opportunities. By 1600, Dutch traders and mariners had penetrated the lucrative Asian spice trade but lacked the capital or manpower to secure or expand their ventures; this prompted the States General in 1602 to consolidate several trading enterprises into the semi-state-owned Dutch East India Company (, VOC), which was g ...
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