Azores Real is the historical currency of the Azores .
| Azores Real | |
|---|---|
Real (port.) | |
| Codes and Symbols | |
| Characters | $ • Rs • rs |
| Territory of circulation | |
| Azores | |
| Coins and Banknotes | |
| Coins | 5, 10 reais |
| Banknotes | 2500, 5000, 10 000, 20 000, 50 000 reais |
| Story | |
| Seized | 1932 year |
| Successor currency | portuguese escudo |
| Issue and production of coins and banknotes | |
| Emission Center (Regulator) | Bank of Portugal |
 Wikimedia Commons Media Files | |
The first coins to ensure monetary circulation in the overseas province of Portugal, the Azores, were minted in 1750 [1] . Copper 3, 5 and 10 reais came into circulation. They contained the inscription "pecunia insulana", which means "island money" in Latin [1] . The release did not last long. Coins in denominations of 3 and 10 reais were minted only in 1751, 5 reais in 1750 and 1751 [1] .
In the 1790s, the second series of Azores reals came into circulation. It included copper 5, 10 and 20 reais, as well as silver 75 and 300 reais [2] .
In 1828, a coup occurred in Portugal. Miguel I became king. The stronghold of constitutionalists who did not accept Miguel, but considered their queen Mary , was one of the Azores of Terceira [3] . On coins in denominations of 5, 10 and 80 reais of 1829 and 1830 of the island of Terceira, the title of Queen of Portugal Maria is indicated.
Subsequently, the Azores reals were minted in 1843, 1865-1866 and 1901 [4] . In the Azores, not only coins of local issues and the metropolis were used. The money that got to the islands was stamped , which made them legal tender. So, Maria Theresa ’s thalers after the minting became equal to 1200, and Brazilian milrays to 600 Azores reals [5] .
Azores reals were issued not only in the form of coins, but also banknotes. In the series of 1876-1885, 1895 and 1905-1910 there are banknotes in denominations of 2½, 5, 10, 20 and 50 thousand reais [6] .
In 1911, the Portuguese and Azores reals were replaced by escudos at the rate of 1000 to 1. At the same time, the previously issued Azores reals continued to be in circulation for another 20 years [7] .
Notes
- ↑ 1 2 3 Krause 18th century, 2010 , p. 102.
- ↑ Krause 18th century, 2010 , p. 102-103.
- ↑ Miguelist wars . Great Soviet Encyclopedia. Date of treatment January 27, 2016.
- ↑ Krause, 1990 , p. 152-153.
- ↑ Krause, 1990 , p. 153.
- ↑ World Paper Money, 2008 , p. 101-102.
- ↑ Azorean Real . Farlex Financial Dictionary. Date of treatment January 27, 2016.
Literature
- Cuhaj G., Michael T., Miller H. et al. Azores // Standard Catalog of World Coins 1701-1800. - 5th edition. - Iola, WI: Krause Publications, 2010 .-- P. 102-103. - ISBN 1-4402-1364-X .
- Krause CL, Mishler C., Bruce CR Azores // Standard Catalog of World Coins. - 16th. - Iola, Wisconsin: Krause Publications, 1990 .-- P. 152-154. - 1856 p. - ISBN 0-87341-123-4 .
- Azores // Standard Catalog of World Paper Money, General Issues - 1368 - 1960 / edited by George Cuhaj. - 12th edition. - Krause Publications, 2008 .-- P. 101-102. - 1224 p. - ISBN 978-0-89689-730-4 .