1 Indian Escudo (1959) | |
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Obverse: Lettering "ESTADO·DA·INDIA" [transl. State of India], face value with Coat of arms of Portugal in the center. | Reverse: Lettering "REPÚBLICA · PORTUGUESA" [transl. Republic of Portugal], year and Coat of arms of Portugal in the center. |
6,000,000 coins minted. This coin was from Portuguese State of India which lasted till 1961 |
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. [1] The original coin was worth 16 silver reais . The Cape Verdean escudo is, and the Portuguese escudo was, subdivided into 100 centavos . Its symbol is the Cifrão , a letter S with two vertical bars superimposed used between the units and the subdivision (for example, 25 50).
In Spain and its colonies, the escudo refers to a gold coin worth sixteen reales de plata or forty reales de vellón.
The franc is any of various units of currency. One franc is typically divided into 100 centimes. The name is said to derive from the Latin inscription francorum rex used on early French coins and until the 18th century, or from the French franc, meaning "frank".
The peso is the monetary unit of several Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire, the word peso translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign, "$", was originally used as an abbreviation of "pesos" and later adopted by the dollar. The dollar itself actually originated from the peso or Spanish dollar in the late 18th century. The sign "₱" is used in the Philippines.
The Portuguese escudo was the currency of Portugal replacing the real on 22 May 1911 and was in use until the introduction of the euro on 1 January 2002. The escudo was subdivided into 100 centavos. The word escudo literally means shield; like other coins with similar names, it depicts the coat of arms of the state.
The Spanish dollar, also known as the piece of eight, is a silver coin of approximately 38 mm (1.5 in) diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g (0.8219 ozt) fine silver. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency.
The centavo 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 centum, with the added suffix -avo ('portion').
The doubloon was a two-escudo gold coin worth approximately $4 or 32 reales, and weighing 6.766 grams of 22-karat gold. Doubloons were minted in Spain and the viceroyalties of New Spain, Peru, and New Granada. As the Spanish escudo succeeded the heavier gold excelente as the standard Spanish gold coin, the doubloon therefore succeeded the doble excelente or double-ducat denomination.
Eugénio de Paula Tavares was a Cape Verdean poet. He is known through his famous poems (mornas), mostly written in the Creole of Brava.
$1 primarily refers banknotes, bills or coins, including:
The escudo is the currency of the Republic of Cape Verde. One escudo is subdivided into one hundred centavos.
The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital ⟨S⟩ crossed with one or two vertical strokes, used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso". The explicitly double-barred sign is called cifrão in the Portuguese language.
The real was a unit of currency in Spain for several centuries after the mid-14th century. It underwent several changes in value relative to other units throughout its lifetime until it was replaced by the peseta in 1868. The most common denomination for the currency was the silver eight-realSpanish dollar or peso which was used throughout Europe, America and Asia during the height of the Spanish Empire.
The real 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 = 3+1⁄2 libras = 70 soldos = 840 dinheiros and was itself replaced by the escudo 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.
The mil-réis was effectively a unit of currency in both Portugal and Brazil.
The escudo was the currency of Angola between 1914 and 1928 and again between 1958 and 1977. It was subdivided into 100 centavos with the macuta worth 5 centavos and was equivalent to the Portuguese escudo.
The silver real was the currency of the Spanish colonies in America and the Philippines. In the seventeenth century the silver real was established at two billon reales or sixty-eight maravedíes. Gold escudos were also issued. The coins circulated throughout Spain's colonies and beyond, with the eight-real piece, known in English as the Spanish dollar, becoming an international standard and spawning, among other currencies, the United States dollar. A reform in 1737 set the silver real at two and half billon reales or eighty-five maravedís. This coin, called the real de plata fuerte, became the new standard, issued as coins until the early 19th century. The gold escudo was worth 16 reales de plata fuerte.
The real was the currency of Portuguese Cape Verde until 1914. It was equal to the Portuguese real. Portuguese coins were used but banknotes were issued by the Banco Nacional Ultramarino specifically for Cape Verde starting in 1865. The real was replaced by the Cape Verdean escudo, at a rate of 1000 réis = 1 escudo.
The escudo was either of two distinct Spanish currency denominations.
This article provides an outline of the currency of Spanish America from Spanish colonization in the 15th century until Spanish American independencies in the 19th. This great realm was divided into the Viceroyalty of New Spain, which came to include all Spanish territory north of Panama, the West Indies, Venezuela, and the Philippines, and the Viceroyalty of Peru, which included Panama and all Spanish territory in South America except Venezuela. The monetary system of Spanish America, originally identical to that of Spain, soon diverged and took on a distinctive character of its own, which it passed on to the independent nations that followed after.
The economy of Cape Verde is a service-oriented economy that is focused on commerce, trade, transport and public services. Cape Verde is a small archipelagic nation that lacks resources and has experienced severe droughts. Agriculture is made difficult by lack of rain and is restricted to only four islands for most of the year. Cape Verde's economy has been steadily growing since the late 1990s, and it is now officially considered a country of average development, being only the second African country to have achieved such transition, after Botswana in 1994. Cape Verde has significant cooperation with Portugal at every level of the economy, which has led it to link its currency first to the Portuguese escudo and, in 1999, to the euro.
Cape Verde or Cabo Verde, officially the Republic of Cabo Verde, is an island country and archipelagic state of West Africa in the central Atlantic Ocean, consisting of ten volcanic islands with a combined land area of about 4,033 square kilometres (1,557 sq mi). These islands lie between 600 and 850 kilometres west of Cap-Vert, the westernmost point of continental Africa. The Cape Verde islands form part of the Macaronesia ecoregion, along with the Azores, the Canary Islands, Madeira and the Savage Isles.