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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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Centavo
The centavo (Spanish language, Spanish and Portuguese language, Portuguese 'one hundredth') 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'). Coins of various denominations of centavos have been made from copper, stainless steel, aluminum-bronze, and silver. Circulating Places that currently use the centavo include: *Argentine peso *Bolivian boliviano *Brazilian real *Cape Verdean escudo *Colombian peso *Cuban peso *Dominican peso *East Timorese centavo coins *Ecuadorian centavo coins *Guatemalan quetzal *Honduran lempira *Macanese pataca#Coins, Macanese avos *Mexican peso *Mozambican metical *Nicaraguan córdoba *Philippine peso (''In English usage; céntimo, ''sentimo'' or ''céntimo'' is used in Tagalog language, Tagalog and Spanish language, Spanish respectively.'') File:50 Centavos (Philippines).jpg, 50 Philippine cent ...
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Azores
The Azores ( , , ; , ), officially the Autonomous Region of the Azores (), is one of the two autonomous regions of Portugal (along with Madeira). It is an archipelago composed of nine volcanic islands in the Macaronesia region of the North Atlantic Ocean, about west of Lisbon, about northwest of Morocco, about southeast of Newfoundland, Canada, and the same distance southwest of Cork, Ireland. Its main industries are agriculture, dairy farming, livestock, fishing, and tourism, which has become a major service activity in the region. In the 20th century and to some extent into the 21st, they have served as a waypoint for refueling aircraft flying between Europe and North America. The government of the Azores employs a large percentage of the population directly or indirectly in the service and tertiary sectors. The largest city of the Azores is Ponta Delgada. The culture, dialect, cuisine, and traditions of the Azorean islands vary considerably, because these remote island ...
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Portuguese Timorese Escudo
The escudo was the currency of Portuguese Timor between 1959 and 1976. It replaced the pataca at a rate of 5.6 escudos = 1 pataca and was equivalent to the Portuguese escudo. It was replaced by the Indonesian rupiah at an unknown exchange rate following East Timor's occupation by Indonesia. The escudo was subdivided into 100 ''centavos''. East Timor (formerly Portuguese Timor) now uses the United States dollar banknotes and has its own coins A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by ... in circulation. Coins The first coins issued, dated 1958, were in denominations of 10, 30 and 60 centavos, 1, 3 and 6 escudos. The unusual denominations (see also the banknotes, below) may have been due to the exchange rate from the previous currency. The 10 and 30 centavos were struck ...
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Timor-Leste
Timor-Leste, also known as East Timor, officially the Democratic Republic of Timor-Leste, is a country in Southeast Asia. It comprises the eastern half of the island of Timor, the coastal exclave of Oecusse in the island's northwest, and the outer islands of Atauro and Jaco. Timor-Leste shares a land border with Indonesia to the west, and Australia is the country's southern neighbour, across the Timor Sea. The country's size is . Dili, on the north coast of Timor, is its capital and largest city. Timor was settled over time by various Papuan and Austronesian peoples, which created a diverse mix of cultures and languages linked to both Southeast Asia and Melanesia. East Timor came under Portuguese influence in the sixteenth century, remaining a Portuguese colony until 1975. Internal conflict preceded a unilateral declaration of independence and an Indonesian invasion and annexation. The subsequent Indonesian occupation was characterised by extreme abuses of human ...
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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 ...
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Macau
Macau or Macao is a special administrative regions of China, special administrative region of the People's Republic of China (PRC). With a population of about people and a land area of , it is the most List of countries and dependencies by population density, densely populated region in the world. Formerly a Portuguese Empire, Portuguese colony, the territory of Portuguese Macau was first leased to Portugal by the Ming dynasty as a trading post in 1557. Portugal paid an annual rent and administered the territory under Chinese sovereignty until 1887, when Portugal gained perpetual colonial rights with the signing of the Sino-Portuguese Treaty of Peking. The colony remained under Portuguese rule until the 1999 handover to China. Macau is a Special administrative regions of China, special administrative region of China, which maintains separate governing and economic systems from those of mainland China under the principle of "one country, two systems".. The unique blend of Port ...
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Cape Verde
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 . These islands lie between west of Cap-Vert, the westernmost point of continental Africa. The List of islands of Cape Verde, Cape Verde islands form part of the Macaronesia ecoregion, along with the Azores, the Canary Islands, Madeira and the Savage Isles. The Cape Verde archipelago was uninhabited until the 15th century, when Portuguese Empire, Portuguese explorers colonized the islands, establishing one of the first Age of Discovery, European settlements in the tropics. Due to its strategic position, Cape Verde became a significant location in the Atlantic slave trade, transatlantic slave trade during the 16th and 17th centuries. The islands experienced economic growth during this period, driven by their role by the rapid emergence of merchants, priva ...
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São Tomé And Príncipe Escudo
The escudo was the currency of São Tomé and Príncipe between 1914 and 1977. It was equivalent to the Portuguese escudo and subdivided into 100 centavo The centavo (Spanish language, Spanish and Portuguese language, Portuguese 'one hundredth') 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 ''centu ...s. History The escudo replaced the real at a rate of 1000 réis = 1 escudo. Initially, only banknotes were issued in the name of São Tomé and Príncipe and the colony used Portuguese coins. Only in 1929 were coins also issued for the colony. The escudo was replaced at par by the dobra following independence. Coins In 1929, nickel-bronze 10, 20 and 50 centavos coins were introduced. These were followed in 1939 by cupro-nickel 1 escudo and silver , 5 and 10 escudos. Bronze 10, 20 and 50 centavos and 1 escudo, and cupro-nickel escudos were introduced in 1962, followed, in 1971, ...
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Portuguese Guinean Escudo
The escudo was the currency of Portuguese Guinea between 1914 and 1975. It was equal to the Portuguese escudo and replaced the real at a rate of 1000 réis = 1 escudo. The escudo was subdivided into 100 ''centavos''. Portugal Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it share ... issued banknotes (starting in 1914) and coins (starting in 1933) for use in Portuguese Guinea. Following independence, the peso replaced the escudo at par. Coins In 1933, coins were introduced in denominations of 5, 10, 20 and 50 centavos and 1 escudo. Coins of , 10 and 20 escudos were added in 1952, with 5 escudos coins introduced in 1973. Banknotes In 1914, notes were issued by the Banco Nacional Ultramarino in denominations of 10, 20 and 50 centavos. In 1921, larger denominations, from 1 escudo up to ...
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Mozambican Escudo
The escudo was the currency of Mozambique from 1914 until 1980. It was subdivided into 100 ''centavos''. History The escudo replaced the real at a rate of 1 escudo = 1000 réis. It was equal in value to the Portuguese escudo until 1977. Initially, Mozambique had its own paper money but used Portuguese coins. Only in 1935 were coins issued specifically for use in Mozambique Mozambique, officially the Republic of Mozambique, is a country located in Southeast Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Afr .... In 1975, the metica was proposed as a replacement for the escudo, but it was not used. The escudo was replaced by the metical in 1980 at par. Coins Between 1935 and 1936, coins for 10, 20 and 50 centavos, 1, , 5 and 10 escudos, with the , 5 and 10 escudos in silver. In 1952, silver 20 escudos were issued. Between 1968 and 1971, base metal coins replaced th ...
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Cape Verdean Escudo
The escudo (sign: ; ISO 4217: CVE) is the currency of the Republic of Cape Verde. One escudo is subdivided into one hundred ''centavos''. Amounts are generally written by using the () as the decimal separator, such as for 20 escudos, or for 1000. History The escudo became the currency of Cape Verde in 1914. It replaced the Cape Verdean real at a rate of 1000 = 1 escudo. Until 1930, Cape Verde used Portuguese coins, although banknotes were issued by the Banco Nacional Ultramarino specifically for Cape Verde beginning in 1865. Until independence in 1975, the Cape Verde escudo was equal to the Portuguese escudo. Subsequently, it depreciated, declining by about 30 per cent in 1977–78 and by a further 40 per cent in 1982–84. Thereafter, it remained fairly stable against the Portuguese escudo. In mid-1998 an agreement with Portugal established a pegged rate of 1 Portuguese escudo = 0.55 Cape Verdean escudos. Since the replacement of the Portuguese escudo with the euro, ...
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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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