The term “Escudo,” which means “shield” in Portuguese, was adopted as the name for the currency of Portugal and its former colonies. The name has historical significance and reflects the emblematic role of the shield in Portuguese heraldry and symbolism.The Escudo was introduced as the official ... |
The real (meaning: "royal", plural: reais later becoming réis) was the unit of currency of Portugal from around 1430 until 1911. It replaced the dinheiro at the rate of 1 real = 840 dinheiros and was itself replaced by the escudo (as a result of the Republican revolution of 19 ... |
The numismatic transformation of the Italian lira over its history reflects not only changes in monetary policy and economic conditions but also the political and cultural evolution of Italy. Here’s a brief overview of the numismatic transformations of the Italian lira:Early Designs (1861-1946) ... |