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Angolan Angolar
The angolar (plural: ''angolares'') was the currency of Portuguese Angola between 1928 and 1958. It was subdivided into 100 ''centavos'' or 20 ''macutas''. ''Angolar'' is Portuguese for "of Angola". History The angolar was introduced in 1928 to replace the escudo. Banknotes were exchanged at a rate of 1 angolar = 1.25 escudos. However, the exchange rate with the Portuguese escudo remained at par, indicating that the earlier Angolan banknotes were devalued as part of the reform, rather than the angolar actually having a new, higher value. Coins (all denominated in centavos and macutas) were unaffected by the reform. In 1958, the name of the currency was switched back to 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 ... after a period of time during which coins denominated in ...
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Portuguese Angola
In southwestern Africa, Portuguese Angola was a historical Evolution of the Portuguese Empire, colony of the Portuguese Empire (1575–1951), the overseas province Portuguese West Africa of Estado Novo (Portugal), Estado Novo Portugal (1951–1972), and the State of Angola of the Portuguese Empire (1972–1975). It became the independent People's Republic of Angola in 1975. In the 16th and 17th century Portugal ruled along the coast and engaged in military conflicts with the Kingdom of Kongo, but in the 18th century Portugal gradually managed to colonise the interior highlands. Other polities in the region included the Kingdom of Ndongo, Kingdom of Lunda, and Mbunda Kingdom. Full control of the entire territory was not achieved until the beginning of the 20th century, when agreements with other European powers during the Scramble for Africa fixed the colony's interior borders. History The history of Portuguese presence on the territory of contemporary Angola lasted from the a ...
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Portuguese Language
Portuguese ( or ) is a Western Romance language of the Indo-European language family originating from the Iberian Peninsula of Europe. It is the official language of Angola, Brazil, Cape Verde, Guinea-Bissau, Mozambique, Portugal and São Tomé and Príncipe, and has co-official language status in East Timor, Equatorial Guinea and Macau. Portuguese-speaking people or nations are known as Lusophone (). As the result of expansion during colonial times, a cultural presence of Portuguese speakers is also found around the world. Portuguese is part of the Iberian Romance languages, Ibero-Romance group that evolved from several dialects of Vulgar Latin in the medieval Kingdom of Galicia and the County of Portugal, and has kept some Gallaecian language, Celtic phonology. With approximately 250 million native speakers and 17 million second language speakers, Portuguese has approximately 267 million total speakers. It is usually listed as the List of languages by number of native speaker ...
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Angolan Escudo
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. History The introduction of the escudo in Portugal's colonies took place in 1914, three years after it occurred in Portugal. The escudo replaced the ''Angolan real, real'' at a rate of 1000 réis = 1 escudo. In 1928, the ''Angolan angolar, angolar'' was introduced. Banknotes were exchanged at a rate of 1.25 escudos = 1 angolar, whilst centavo coins used with the escudo continued to be used with the angolar with no change in value. The angolar was pegged at parity with the Portuguese escudo, as the Angolan escudo had been before 1928. Thus, the currency reform constituted a devaluation of the escudo banknotes. In 1953, Portugal began unifying the currencies of its colonies. This process was completed in Angola at the end of 1958, with the reintroduction of the escudo. T ...
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Portuguese Escudo
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 . The word literally means shield; like other coins with similar names, it depicts the coat of arms of the state. Amounts in escudos were written as with the as the decimal separator (for example: means 25.00 escudos, means 100.50 escudos). Because of the conversion rate of 1,000 = , three decimal places were initially used ( = ). History The currency replaced by the escudo in 1911 was denominated in Portuguese reals (plural: ) and worth 1,000 . The was equivalent to 2.0539 grams fine gold from 1688 to 1800, and 1.62585 g from 1854 to 1891. Gold worth 1.6 (or 1.600; not to be confused with the 20th-century currency) were issued from 1722 to 1800 in denominations of , 1, 2, 4 and 8 . The escudo (gold) was again introduced on 22 May 1911, after the 1910 Republican revolut ...
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Alves Dos Reis
Artur Virgílio Alves Reis (Lisbon, 8 September 1896 – 9 July 1955) was a Portuguese criminal who perpetrated one of the largest frauds in history, against the Bank of Portugal in 1925, often called the Angola e Metrópole affair. Early life Alves Reis was a child of a humble family; his father was a financially troubled undertaker who ended up being declared insolvent. Reis wanted to study engineering. He started his degree but quit in the first year to marry Maria Luísa Jacobetti de Azevedo, sister of Octávio Jacobetti de Azevedo and daughter of de Azevedo and Beatriz, in August 1916. In 1916, he decided to emigrate to Portuguese Angola, at the time a Portuguese colony, to try to make a fortune and escape the humiliations from his wife's family, due to their differences in social status. Before departing to Angola, Reis forged himself a diploma from Oxford University's "Polytechnic School of Engineering", a department that did not exist. He supposedly studied engineer ...
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Currencies Of Angola
A currency 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'' appear in the respective synonymous articles: banknote, coin, and money. This article uses ...
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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 ** Moderne, multiple architectural styles ** Modernisme a.k.a. Catalan Modernism * 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 ...
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1928 Establishments In Angola
Nineteen or 19 may refer to: * 19 (number) * One of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (1987 film), a 1987 science fiction film * '' 19-Nineteen'', a 2009 South Korean film * '' Diciannove'', a 2024 Italian drama film informally referred to as "Nineteen" in some sources Science * Potassium, an alkali metal * 19 Fortuna, an asteroid Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle * "Stone in Focus", officially "#19", a composition by Aphex Twin * "Nineteen", a song from the 1992 album ''Refugee'' by Bad4Good * "Nineteen", a song from the 2001 ...
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1958 Disestablishments
Events January * January 1 – The European Economic Community (EEC) comes into being. * January 3 – The West Indies Federation is formed. * January 4 ** Edmund Hillary's Commonwealth Trans-Antarctic Expedition completes the third overland journey to the South Pole, the first to use powered vehicles. ** Sputnik 1 (launched on October 4, 1957) falls towards Earth from its orbit and burns up. * January 13 – Battle of Edchera: The Moroccan Army of Liberation ambushes a Spanish patrol. * January 27 – A Soviet-American executive agreement on cultural, educational and scientific exchanges, also known as the "Lacy-Zarubin Agreement, Lacy–Zarubin Agreement", is signed in Washington, D.C. February * February 1 – Egypt and Syria unite to form the United Arab Republic. * February 2 – The ''Falcons'' aerobatic team of the Pakistan Air Force led by Wg Cdr Zafar Masud (air commodore), Mitty Masud set a World record loop, world record performing a 16 aircraft diamon ...
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