1 article Spanish currency

Spanish escudo The first escudo(gold escudo) was a gold coin introduced in 1535/1537, with coins denominated in escudos issued until 1833. It was initially worth 16 reales. When different reales were introduced, the escudo became worth 16 reales de plata in 1642, then 16 reales de plata fuerte or 40 reales de vellón from 1737. The second escudo(silver escudo) was the currency of Spain between 1864 and…