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The first ordinance officially devaluing the Spanish non-colonial real came out in 1642, with the real provincial debased from 67 to 83 + 3 ⁄ 4 to a mark of silver (hence, 10 reales to the dollar). Actual coins worth 1 ⁄ 2 , 1, 2, 4 and 8 reales provincial (the latter worth 4 ⁄ 5 of a dollar and called peso maria ) were minted in 1686 and ...
Currency Date established Date abolished Initial exchange rate Euro: 2002 — 1 euro = 166.386 pesetas Peseta: 1869 2002 1 peseta = 0.4 escudos Silver escudo: 1865 1869 1 silver escudo = 0.1 reales Gold escudo: 1535/1537 1849 1 gold escudo = 16 reales Spanish real: Mid-14th century 1865 1 real = 3 maravedíes Maravedí: 11th century 14th ...
The real provincial, used only in Peninsular Spain and not its colonies, and valued at 1 ⁄ 10 dollar. [9] The real de vellón, another version of the real also exclusive to Peninsular Spain, issued prolifically in the 17th and 18th centuries, and valued much less than the above-mentioned reales. In 1737 it was finally fixed at 1 ⁄ 20 th dollar.
The Spanish dollar, also known as the piece of eight (Spanish: real de a ocho, dólar, peso duro, peso fuerte or peso), is a silver coin of approximately 38 mm (1.5 in) diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g (0.8219 ozt) fine silver.
The silver real (Spanish: real de plata) was the currency of the Spanish colonies in America and the Philippines. In the seventeenth century the silver real was established at two billon reales (reales de vellón) or sixty-eight maravedíes. Gold escudos (worth 16 reales) were also issued.
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Although the adoption of the peso to replace the colonial real dates back to 1817, with the beginning of the New Fatherland period, the Spanish currency system continued to be used, in which 8 reales were equal to 1 peso and 2 pesos to 1 escudo. In 1835, copper coins denominated in centavos were introduced, but it was not until 1851 that the ...
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