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In Spain, doubloons were current for $4 (four duros, or 80 reales de vellón) up to the middle of the 19th century. Isabella II of Spain switched to an escudo -based coinage with decimal reales in 1859, and replaced the 6.77-gram doblón with a new heavier doblón worth $5 (five duros , or 100 reales ) and weighing 8.3771 grams (0.268 troy ounces).
The Spanish colonial real from the 16th to 19th centuries, with 8 reales equal to 1 peso. The Peruvian real from 1822 to 1863. Initially worth 1 ⁄ 8 peso, reales worth 1 ⁄ 10 peso were introduced in 1858 in their transition to a decimal currency system. The sol or sol de oro from 1863 to 1985, at 1 sol = 10 reales.
North Peru issued 1 ⁄ 2, 1, and 8 reales, 1 ⁄ 2, 1, 2, 4 and 8 escudos whilst South Peru issued 1 ⁄ 2, 2, 4 and 8 reales, 1 ⁄ 2, 1 and 8 escudos. In 1856, production of all coins ceased. Smaller 1 ⁄ 2 and 1 real coins were introduced in 1858 and 1859, respectively, along with 50 centimos in 1858 and then 25 and 50 centavos in 1859 ...
Brazil Avenue (Spanish: Avenida Brasil), formerly known as Magdalena [1] or Piérola, [2] is a major avenue in Lima, Peru. It crosses the districts of Lima, Breña, Jesús María, Pueblo Libre, and Magdalena del Mar. It has a total length of forty-two city blocks. [3]
Spanish America did the same as explained in es:doblón. One of the surviving gold coins, weighing 26.6 grams (0.86 ozt) and composed of 0.917 (22-carat) gold, was sold at a public auction for $625,000 in March 1981. [2]
The Daily Unidade Real de Valor, or URV (Portuguese, Real Value Unit), was a non-monetary reference currency (i.e., non-fiat) created in March 1994, as part of the Plano Real in Brazil. It was the most theoretically sophisticated piece of the Plano Real and was based on a previous academic work by Pérsio Arida and André Lara Resende , the ...
The current real was introduced in 1994 at 1 real = 2,750 cruzeiros reais. The modern real (Portuguese plural reais or English plural reals) was introduced on 1 July 1994, during the presidency of Itamar Franco, when Rubens Ricupero was the Minister of Finance as part of a broader plan to stabilize the Brazilian economy, known as the Plano Real.
Until 1747 the Brazilian real was the same as the Portuguese real, with the gold peça of 13.145 g fine gold worth 6,400 réis or 6 400. After that date, however, the Brazilian real started to become a separate currency unit when the value of the peça was raised by 10% in Brazil (but not in Portugal) to 7,040 réis . [ 2 ]