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Peso Da Régua Municipality
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 translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign, "$", was originally used as an abbreviation of "pesos" and later adopted by the dollar. The dollar itself actually originated from the peso or Spanish dollar in the late 18th century. The sign "₱" is used in the Philippines. The silver ''peso'' worth eight '' reales'' was also known in English as a Spanish dollar or "piece of eight" and was widely used for international trade from the 16th to the 19th century. Origin and history 1537–1686 piece of eight The name ''peso'' was given to the 8- real silver coin introduced in 1497, minted at 8 pesos to a Castilian mark (230.0465 grams) of silver 134/144 fine (25.56 g fine silver). It was minted in large quantities after the discovery of silver in Mexico, Peru and Bolivia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peso Users Map
The peso is the monetary unit of several Hispanophone, Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire, the word translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign, "$", 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 "Philippine peso sign, ₱" is used in the Philippines. The silver ''peso'' worth eight ''Spanish real, reales'' was also known in English as a Spanish dollar or "piece of eight" and was widely used for international trade from the 16th to the 19th century. Origin and history 1537–1686 piece of eight The name ''peso'' was given to the 8-Spanish real, real silver coin introduced in 1497, minted at 8 pesos to a Castilian mark (230.0465 grams) of silver 134/144 fine (25.56 g fine silver). It was minted in large quantiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Revolution
The Philippine Revolution ( or ; or ) was a war of independence waged by the revolutionary organization Katipunan against the Spanish Empire from 1896 to 1898. It was the culmination of the 333-year History of the Philippines (1565–1898), colonial rule of Spain in the archipelago. The Captaincy General of the Philippines, Philippines was one of the last major colonies of the Spanish Empire, which had already suffered Spanish American wars of independence, a massive decline in the 1820s. Cuban War of Independence, Cuba rebelled in 1895, and in 1898, the United States Spanish–American War, intervened and the Spanish soon capitulated. In June, Philippine revolutionaries Philippine Declaration of Independence, declared independence. However, it was not recognized by Spain, which sold the islands to the United States in the Treaty of Paris (1898), Treaty of Paris. Led by Andrés Bonifacio, the Katipunan was formed in secrecy in 1892 in the wake of the nascent La Liga Filipina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of The Philippine Islands
The Bank of the Philippine Islands ('';'' '','' commonly known as BPI; ) is a universal bank in the Philippines. It is the oldest bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines. The bank has a network of over 900 branches in the Philippines, Hong Kong and Europe, and more than 3,000 Automated teller machine, ATMs and CDMs (cash deposit machines). BPI was founded during the History of the Philippines (1521–1898), Spanish colonial era of the Philippines as El Banco Español Filipino de Isabel II. It provided credit to the National Treasury and printed and issued the Philippine peso fuerte, a precursor to today's Philippine peso. History Colonial period BPI was established on August 1, 1851, as the "El Banco Español Filipino de Isabel II" (), named after the queen of Spain, Queen of Spain, Isabella II, the d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Peso Fuerte
The Philippine peso fuerte (Spanish "Strong Peso" sign: PF) was the first paper currency of the Philippines and the Spanish East Indies during the later Spanish colonial period. It co-circulated with other Spanish silver and gold coins and was issued by El Banco Español Filipino de Isabel II (currently Bank of the Philippine Islands). The banknotes were convertible to either silver pesos or gold coins at the bank's discretion. The colonial government at the time allowed El Banco Español-Filipino to issue pesos fuertes up to one-fourths of its subscribed capital, or a maximum of PF 100,000, which was subsequently raised to 300,000 in 1855. El Banco Español-Filipino began issuing peso fuerte notes on May 1, 1852. As of the end of the 19th century its circulating volume of 1,800,000 pesos was small relative to about 40,000,000 silver pesos in circulation. See History of Philippine money. The currency was replaced by the modern peso in 1903. In the beginning of the 20th centur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1873
The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership. In the United States, the Panic was known as the "Great Depression" until the events of 1929 and the early 1930s set a new standard. The Panic of 1873 and the subsequent depression had several underlying causes for which economic historians debate the relative importance. American inflation, rampant speculative investments (overwhelmingly in railroads), the demonetization of silver in Germany and the United States, ripples from economic dislocation in Europe resulting from the Franco-Prussian War (1870–1871), and major property losses in the Great Chicago Fire (1871) and the Great Boston Fire (1872) helped to place massive strain on bank reserves, which, in New York ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metric System
The metric system is a system of measurement that standardization, standardizes a set of base units and a nomenclature for describing relatively large and small quantities via decimal-based multiplicative unit prefixes. Though the rules governing the metric system have changed over time, the modern definition, the International System of Units (SI), defines the metric prefixes and seven base units: metre (m), kilogram (kg), second (s), ampere (A), kelvin (K), Mole (unit), mole (mol), and candela (cd). An SI derived unit is a named combination of base units such as hertz (cycles per second), Newton (unit), newton (kg⋅m/s2), and tesla (unit), tesla (1 kg⋅s−2⋅A−1) and in the case of Celsius a shifted scale from Kelvin. Certain units have been Non-SI units mentioned in the SI#Units officially accepted for use with the SI, officially accepted for use with the SI. Some of these are decimalised, like the litre and electronvolt, and are considered "metric". Others, like ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Franc
The franc (; , ; currency sign, sign: F or Fr), also commonly distinguished as the (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in French livre, decimal form) in 1795. After two centuries of inflation, it was Redenomination, redenominated in 1960, with each (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc. Many French residents, though, continued to quote prices of especially expensive items in terms of the old franc (equivalent to the new centime), up to and even after the introduction of the euro (for coins and banknotes) in 2002. The French franc was a commonly held international reserve currency of reference in the 19th and 20th centuries. Between 1998 and 2002, the conversion of francs to euros was carried out at a rate of 6.55957 franc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
