|
Macanese Pataca
The Macanese pataca or Macau pataca ( zh, t=澳門元, cy=Oumún yùhn; ; sign: MOP$; ISO code: MOP) is the currency of Macau. It is subdivided into 100 ''avos'' (; ''sin''), with 10 avos called ''ho'' () in Cantonese. Macau has a currency board system under which the pataca is 100 per cent backed by foreign exchange reserves, in this case currently the Hong Kong dollar (itself backed by the United States dollar). Moreover, the currency board, Monetary Authority of Macau (AMCM), has a statutory obligation to issue and redeem Macau pataca on demand against the Hong Kong dollar at a fixed exchange rate of HK$1 = MOP 1.03, and without limit. History The Spanish dollar was in wide use in Asia and the Americas between the 16th to 20th centuries, and was imported by China in large quantities. They were typically minted in Mexico and then brought to the Philippines as part of the Spanish East Indies through the Manila-Acapulco galleon trade to be traded and circulated a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Dollar
The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of Hong Kong. It is divided into 100 cents. Historically, it was also divided into 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. These banks, HSBC, Bank of China, and Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$150, HK$500, and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. the Hong Kong dollar was the ninth- most traded currency in the world. Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong dollar is also used in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Captaincy General Of The Philippines
The Captaincy General of the Philippines was an administrative district of the Spanish Empire in Southeast Asia governed by a governor-general as a dependency of the Viceroyalty of New Spain based in Mexico City until Mexican independence when it was transferred directly to Madrid. Also known as the Captaincy General of the Spanish East Indies, which included among others the Philippine Islands, the Mariana Islands, and the Caroline Islands. It was founded in 1565 with the first permanent Spanish forts. For centuries, all the administrative, political and economic aspects of the Captaincy General were administered in Mexico City by the Viceroyalty of New Spain for the Spanish Crown. However, in 1821, following the independence of the Mexican Empire, all control was transferred to Madrid. It was succeeded by the short-lived First Philippine Republic following its independence through the Philippine Revolution. History Early explorations After a long, tolling voyage across ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Straits Dollar
The Straits dollar was the currency of the Straits Settlements from 1898 until 1939. At the same time, it was also used in the Federated Malay States, the Unfederated Malay States, Kingdom of Sarawak, Brunei, and British North Borneo. History Background In the early nineteenth century, the most common currency used in the East Indies was the Spanish dollar, including issues both from Spain and from the new world Spanish colonies, which for the East Indies emanated from the Philippines in the Spanish East Indies originating from Mexico and Peru as part of the Spanish Empire, Spanish colonial empire. Locally issued coinages included the Kelantan keping, Kelantan and Trengganu keping, and the Penang dollar. In 1826, the Straits Settlements were formed under the auspices of the East India Company. The East India Company attempted to implement the Indian rupee as the sole official currency in the Straits Settlements, however it was unsuitable for trade and Mexican dollars (the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 = libras = 70 soldos = 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Timor
Portuguese Timor () was a Portuguese colony on the territory of present-day East Timor from 1702 until 1975. During most of this period, Portugal shared the island of Timor with the Dutch East Indies. The first Europeans to arrive in the region were the Portuguese in 1515.West, p. 198. Dominican friars established a presence on the island in 1556, and the territory was declared a Portuguese colony in 1702. Following the beginning of the Carnation Revolution (a Lisbon-instigated decolonisation process) in 1975, East Timor was invaded by Indonesia. However, the invasion was not recognized as legal by the United Nations (UN), which continued to regard Portugal as the legal Administering Power of East Timor. The independence of East Timor was finally achieved in 2002 following a UN-administered transition period. History Early Europeans Prior to the arrival of European colonial powers, the island of Timor was part of the trading networks that stretched between India and China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Macau
Macau was under Portuguese Empire, Portuguese rule from the establishment of the first official Portuguese settlement in 1557 until its Handover of Macau, handover to China in 1999. It comprised the Municipality of Macau and the Municipality of Ilhas. Macau was both the first and last European holding in China. History of Macau, Macau's history under Portugal can be broadly divided into three distinct political periods.Cardinal 2009, p. 225 The first was the establishment of the Portuguese settlement in 1557 to 1849.Halis 2015, pp. 70–71 The Portuguese had jurisdiction over the Portuguese community and certain aspects of the territory's administration but no real sovereignty. Next came the ''colonial period'', which scholars generally place from 1849 to 1974.Hao 2011, p. 40 As Macau's importance among other territories grew within the Portuguese Empire, Portuguese sovereignty over Macau strengthened and it became a constitutional part of Portuguese territory. Chinese sovereign ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unit Of Account
In economics, unit of account is one of the functions of money. A unit of account is a standard numerical monetary unit of measurement of the market value of goods, services, and other transactions. Also known as a "measure" or "standard" of relative worth and deferred payment, a unit of account is a necessary prerequisite for the formulation of commercial agreements that involve debt. Money acts as a standard measure and a common denomination of trade. It is thus a basis for quoting and bargaining of prices. It is necessary for developing efficient accounting systems. Economics Unit of account in economics allows a somewhat meaningful interpretation of prices, costs, and profits, so that an entity can monitor its own performance. It allows shareholders to make sense of its past performance and have an idea of its future profitability. The use of money, as a relatively stable unit of measure, can tend to drive market economies toward efficiency. Historically, prices were of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guangdong
) means "wide" or "vast", and has been associated with the region since the creation of Guang Prefecture in AD 226. The name "''Guang''" ultimately came from Guangxin ( zh, labels=no, first=t, t= , s=广信), an outpost established in Han dynasty near modern Wuzhou, whose name is a reference to an order by Emperor Wu of Han to "widely bestow favors and sow trust". Together, Guangdong and Guangxi are called ''Liangguang, Loeng gwong'' ( zh, labels=no, first=t, t=兩廣, s=两广 , p=liǎng guǎng) During the Song dynasty, the Two Guangs were formally separated as ''Guǎngnán Dōnglù'' ( zh, first=t, t=廣南東路, s=广南东路, l=East Circuit (administrative division), Circuit in Southern Guang , labels=no) and ''Guǎngnán Xīlù'' ( zh, first=t, t=廣南西路, s=广南西路, l=West Circuit (administrative division), Circuit in Southern Guang , labels=no), which became abbreviated as ''Guǎngdōng Lù'' ( zh, first=t, t=廣東路, s=广东路 , labels=no) and ''Guǎngxī Lù ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Straits Settlements
The Straits Settlements () were a group of British territories located in Southeast Asia. Originally established in 1826 as part of the territories controlled by the British East India Company, the Straits Settlements came under control of the British Raj in 1858 and then under direct British control as a Crown colony in 1867. In 1946, following the end of World War II and the Japanese occupation, the colony was dissolved as part of Britain's reorganisation of its Southeast Asian dependencies in the area. The Straits Settlements originally consisted of the four individual settlements of Penang, Singapore, Malacca, and Dinding. Christmas Island and the Cocos (Keeling) Islands were added in 1886. The island of Labuan, off the coast of Borneo, was also incorporated into the colony with effect from 1 January 1907, becoming a separate settlement within it in 1912. Most of the territories now form part of Malaysia, from which Singapore separated in 1965. The Cocos (Keeling) I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the world. Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War. The colony expanded to the Kowloon Peninsula in 1860 and was further extended when the United Kingdom obtained a 99-year lease of the New Territories in 1898. Hong Kong was occupied by Japan from 1941 to 1945 during World War II. The territory was handed over from the United Kingdom to China in 1997. Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of one country, two systems. Originally a sparsely populated area of farming and fishing villages,. the territory is now one of the world's most signific ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
