Azorean real
The real was the currency of the Azores until 1911. It was equal to the Portuguese real. Coins were issued specifically for the Azores until 1901 and notes were issued between 1895 and 1910. Although the Portuguese escudo replaced the real (1000 réis = 1 escudo) in 1911, the banknotes continued to circulate until 1932.
Coins
In the late 18th century, copper 5, 10 and 20 réis and silver 75, 150 and 300 réis coins were issued. Production of silver coins ceased in 1798. In 1829, emergency coins were issued by Maria II on Terceira Island. These were 80 réis coins cast in gun or bell metal. From 1843, smaller, copper 5, 10 and 20 réis were issued, with the 20 réis ceasing in 1866 whilst the 5 and 20 réis continued until 1901. In both 1871 and 1887, various foreign coins were overstamped for use on the Azores. This produced denominations of 10, 20, 40, 120, 300, 600 and 1200 réis in 1871 and 15, 120, 300, 600 and 1200 réis in 1887.
Banknotes
The Banco de Portugal first issued paper currency in the Azores in 1876[1] In 1895, 5000, 10,000, 20,000 and 50,000 réis notes were issued by the Agencias dos Açôres.[1] These were followed by the 1905-1910 issue Banco de Portugal notes, overstamped with "Açôres", in denominations of 2500, 5000, 10,000, 20,000 and 50,000 réis.[1]
References
Notes
Books
- Cuhaj, George S. (2010). Paper Money General Issues 1368-1960 (13 ed.). Krause Publications. ISBN 978-1-4402-1293-2.
- Krause, Chester L., and Clifford Mishler (1978). Standard Catalog of World Coins: 1979 Edition. Colin R. Bruce II (senior editor) (5th ed.). Krause Publications. ISBN 0873410203.
- Krause, Chester L., and Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.